Funke, Norbert; Matsuda, Akimi - In: German Economic Review 7 (2006) 05, pp. 189-210
Using daily data for the January 1997 to June 2002 period, we analyze similarities and differences in the impact of macroeconomic news on stock returns in the United States and Germany. We consider 27 different types of news for the United States and 12 different types of news for Germany. For...