Event Studies in Economics and Finance
Event Studies in Economics and Finance
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DOI：
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发表时间：
1997
影响因子：
12.6
通讯作者：
Craig Mackinlay
中科院分区：
文献类型：
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作者：
Craig Mackinlay
事件研究法是经济学和金融学的重要研究工具。事件研究的目的是衡量经济事件对企业价值的影响。事件研究法利用了这样一个事实，即在市场上给定理性的情况下，事件的影响将立即反映在证券价格上。因此，可以通过检查事件周围的证券价格来衡量影响。本文介绍了事件研究方法，包括一些潜在的并发症。一个例子来说明这种方法。
The event study is an important research tool in economics and finance. The goal of an event study is to measure the effects of an economic event on the value of firms. Event study methods exploit the fact that, given rationality in the marketplace, the effects of an event will be reflected immediately in security prices. Thus the impact can be measured by examining security prices surrounding the event. In this paper event study methods are described including some of the potential complications. An example is included to illustrate the approach.