Plausibly Exogenous [693] - Securities Regulation (12/12/2021)
LHS Variable
Market liquidity
RHS Variable
Securities regulation
Source of Exogenous Variation
Staggered adoption of changes in securities regulation in the European Union aimed at reducing market abuse and increasing transparency
- Christensen, Hail, and Leuz (2016), “Capital-market effects of securities regulation: Prior conditions, implementation, and enforcement”