Boehmer E., Broussard J., Kallunki J.-P. - Using SAS in Financial Research


Using SAS in Financial Research

Год выпуска: 2002

Автор: Ekkehart Boehmer, John Broussard, Juha-Pekka Kallunki

Жанр: Пособие

Издательство: SAS Publishing

ISBN: 1590470397

Язык: Английский

Формат: PDF

Качество: Отсканированные страницы

Количество страниц: 182

Описание: Researchers, graduate students, and practitioners in the financial market now have the first reference-style handbook detailing the mechanics of statistical testing on financial and accounting data. This one-of-a-kind book illustrates how to use SAS software to conduct basic empirical analyses of stock market and financial statement data. It covers various research topics, including investigating the predictability of stock returns, estimating the risk of common stock, and analyzing the impact of earnings and other financial statement information. The use of the SAS language to investigate these issues is demonstrated with numerous real-world examples employing traditional to state-of-the-art analytical estimation techniques. Main topics covered are variance ratio testing, capital asset pricing model, event studies, value versus growth, earnings response coefficients, and microstructure analysis. Readers will find the merging of theoretical and practical concepts unique and informative. The format of this book enables users to go directly to the research tools and techniques required by the task at hand. In addition, a line-by-line discussion of all SAS code is provided, enabling users to interpret all variables and syntax easily.