Wang, Zijun; Salin, Victoria; Hooker, Neal; Leatham, David - In: Applied Economics Letters 9 (2002) 15, pp. 979-987
How food recalls due to bacterial contamination affect the stock prices of two companies are examined using a version of the financial market model that accounts for Generalized Autoregressive Conditional Heteroscedasticity (GARCH) effects. GARCH methodology was necessary to uncover the...