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A Simplified Example: The Effect of Air Crashes on Stock Prices

In: Event Studies for Financial Research

Author

Listed:
  • Doron Kliger
  • Gregory Gurevich

Abstract

In this chapter, we present a simplified example of ESA to facilitate the more technical discussion presented in chapters 5 and 6 and the hands-on exercises in chapters 7 and 8. Here, we pick a handful of observations and treat this specimen as our “data sample” to illustrate the ESA in a succinct format. We concentrate on the most salient features of data processing, while leaving out complicated caveats. You may download the Excel file (http://dx.doi.org/10.6084/m9.figshare.1221810) with tables, calculations, and graph of this simplified example from the book’s website.

Suggested Citation

  • Doron Kliger & Gregory Gurevich, 2014. "A Simplified Example: The Effect of Air Crashes on Stock Prices," Palgrave Macmillan Books, in: Event Studies for Financial Research, chapter 0, pages 45-50, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-36879-9_4
    DOI: 10.1057/9781137368799_4
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