Event studies represent an increasingly popular method to evaluate (future) welfare effects of economic policy … paper investigates the degree of reliability of event studies as a policy programs evaluation method by critically … a referee on economic policy decisions. Event studies cannot replace thorough theory-driven economic analysis. -- event …

Single-firm event studies play an important role in both scholarship and litigation despite the general invalidity of … of the empirical distribution of pre-event fitted excess returns, which has correct asymptotic Type I error rate. Results …

learn better how to manage the event to maximize the benefit to the host area. Most studies on economic impact of sporting …Sport event promoters aim to organize them to get the best return on their investment. The purpose of this study is to …-day event, the Rally Ourense, that takes place in a small town in Spain. Economic impact is estimated based on surveys of …