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Eric, Rosengren ; Joe, Peek. (1999) Impact of greater bank disclosure amidst a banking crisis.
In: Working Papers. RePEc:fip:fedbwp:99-1.
Full description at Econpapers
cites:
Central, East South Central, West North Central, West South Central, Mountain, and Pacific. A BHCs region is determined by the location of its headquarters at the time of the formal action announcement. 9. The t-statistic for all CARs is calculated as the ratio of the mean CAR to its estimated standard deviation, where the standard deviation is estimated from the time series of mean abnormal returns (see Brown and Warner 1985). This technique takes into account possible cross-sectional dependence in security-specific abnormal returns.
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