Austrian paper takes detailed look at regulatory integration within EU

Researcher uses “bilateral nature” of EU reforms to help gauge effects

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A working paper published by the National Bank of Austria looks at the effects on the financial sector and the real economy of the international integration of capital market regulation.

In Regulatory Integration of International Capital Markets, Jean-Marie Meier uses the European Union’s financial markets reforms to examine the effects of increasing international regulatory integration.

The author exploits the fact that the law implementing these reforms are first passed at a European Union

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