González, Pedro Antonio; Gallizo Larraz, José L. - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-24
This paper studies the reaction of share prices in the Chilean securities market at the sectoral level to the arrival … of COVID-19? To answer this question, an event study using a 10-day investment return window was applied to the … abnormal returns (CAR) for the event window, three models were used: (1) adjusted average return, (2) adjusted market return …