The stock market impact of German reunification: International evidence

Robert D. Brooks, Robert W. Faff*, David L. Sokulsky

*Corresponding author for this work

Research output: Contribution to journalArticleResearchpeer-review

2 Citations (Scopus)


This study uses a country beta market model and a multivariate GARCH conditional beta model to examine if German reunification has impacted upon country returns, across different nations. The results suggest a stronger reaction in European countries particularly those with closer economic links. The analysis also revealed that the most significant individual events occur in August 1990.

Original languageEnglish
Pages (from-to)31-42
Number of pages12
JournalApplied Financial Economics
Issue number1
Publication statusPublished - 1 Jan 2005
Externally publishedYes


Dive into the research topics of 'The stock market impact of German reunification: International evidence'. Together they form a unique fingerprint.

Cite this