Bris, Arturo; Koskinen, Yrjö; Nilsson, Mattias - Economics Institute for Research (SIR), … - 2002
In this paper we study the changes in corporate valuation, investments, and financing choices induced by the formation of Economic and Monetary Union (EMU) in Europe. We use corporate-level data from ten countries that adopted the euro, the three EU countries that did not join EMU, as well as...