• Corpus ID: 9536638

Event Studies in Economics and

@inproceedings{Finance1999EventSI,
  title={Event Studies in Economics and},
  author={Apec Finance},
  year={1999}
}
ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market data, an event study measures the impact of a specific event on the value of a firm. The usefulness of such a study comes from the fact that, given rationality in the marketplace, the effects of an event will be reflected immediately in security prices. Thus a… 

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