AI helps you reading Science
AI generates interpretation videos
AI extracts and analyses the key points of the paper to generate videos automatically
Go Generating
AI Traceability
AI parses the academic lineage of this thesis
Endogenous Events and Long-Run Returns
REVIEW OF FINANCIAL STUDIES, no. 2 (2008): 902-935
Abstract
We analyze event abnormal returns when returns predict events. In fixed samples, we show that the expected abnormal return is negative and becomes more negative as the holding period increases. Asymptotically, abnormal returns converge to zero provided that the process of the number of events is stationary. Nonstationarity in the process ...More
Code:
Data:
Tags
Comments
数据免责声明
页面数据均来自互联网公开来源、合作出版商和通过AI技术自动分析结果，我们不对页面数据的有效性、准确性、正确性、可靠性、完整性和及时性做出任何承诺和保证。若有疑问，可以通过电子邮件方式联系我们：report@aminer.cn