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Capital-Market Effects of Securities Regulation: Prior Conditions, Implementation, and Enforcement

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NBER2011-01-01 更新2025-01-04 收录
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We examine the capital-market effects of changes in securities regulation in the European Union (EU) aimed at reducing market abuse and increasing transparency. To estimate causal effects for the population of EU firms, we exploit that for plausibly exogenous reasons, like national legislative

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2011-01-01
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