Showing 1 - 10 of 110
Persistent link: https://www.econbiz.de/10011532207
Persistent link: https://www.econbiz.de/10011327599
Persistent link: https://www.econbiz.de/10009629080
Persistent link: https://www.econbiz.de/10003492728
China's markets gained 3.86% around December 4, 2012, when the Party announced anti-corruption reforms. State-owned enterprises (SOEs) with higher past entertainment and travel costs (ETC) gained more. NonSOEs gained in more liberalized provinces, especially those with high past ETC,...
Persistent link: https://www.econbiz.de/10012998417
Persistent link: https://www.econbiz.de/10012620049
Persistent link: https://www.econbiz.de/10012498616
Persistent link: https://www.econbiz.de/10010490987
The paper develops a theory for equity premium around macroeconomic announcements. Stock returns realized around pre-scheduled macroeconomic announcements, such as the employment report and the FOMC statements, account for 55% of the market equity premium during the 1961-2014 period, and...
Persistent link: https://www.econbiz.de/10012984765
Persistent link: https://www.econbiz.de/10013459298