How to define macroeconomic announcement surprises? An example of the impact of US macroeconomic news on stock prices on the Warsaw Stock Exchange
The definition of a news surprise plays a crucial role in the analysis of the impact of unexpected macroeconomic news announcements. In this paper, we study the properties of the most commonly used measure of news surprise, defined as the difference between the announced and expected value of the i...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
AGH UNIVERSITY PRESS
2023-01-01
|
| Series: | Managerial Economics |
| Online Access: | https://journals.agh.edu.pl/manage/article/view/5218 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|