Beigi, Maryam H. A.; Budzinski, Oliver - In: Intereconomics 48 (2013) 3, pp. 174-179
Event studies represent an increasingly popular method to evaluate the welfare effects of economic policy decisions … the welfare effects of these decisions. This paper investigates the degree of reliability of event studies as a policy … as a referee on economic policy decisions. Event studies cannot replace thorough theoretical economic analysis. …