Question: Whether an economic event has Impacts of Stock …

Post-Event Window Event Window τ = 0 as the event date. τ = T1+1 to T2 as the event window. τ = T0+1 to T1 as the estimation window. τ = T2+1 to T3 as the post-event window. 6 4. Estimation Procedures 1. Estimate market model using estimation window data – obtain and . 2. Determine Abnormal Return (AR) in event windows and post-event ... ................
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