Martell, Rodolfo (contributor); Stulz, René M. (contributor) - 2003 - [Elektronische Ressource]
event studies, the expectation is that when the number of
events with non-overlapping windows becomes large, idiosyncratic … preceding the liberalization date. This date is
when a liberalization event takes place rather than when investors discover … studies conduct various tests to try to make sure that the
liberalization effect they identify is not due to confounding …