The stock market impact of German reunification: International evidence

Robert D. Brooks; Robert W. Faff; David L. Sokulsky

doi:10.1080/0960310042000281158

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 journal › Article › Research › peer-review

3 Citations (Scopus)

Abstract

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 language	English
Pages (from-to)	31-42
Number of pages	12
Journal	Applied Financial Economics
Volume	15
Issue number	1
DOIs	https://doi.org/10.1080/0960310042000281158
Publication status	Published - 1 Jan 2005
Externally published	Yes

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The stock market impact of German reunification: International evidence

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