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Free-to-use event study tool launched under www.eventstudytools.com:
To assess the impact of a market or firm events on the value of firms, scholars generally conduct event studies. Prior use of the methodology required either sophisticated programming skills in Stata or Excel, or ownership of a dedicated statistical software. Yet, there is now a cost-free web-based alternative. Feel free to use it for your own research and help spreading the word: www.eventstudytools.com




This website is designed to help you with your own event study. It provides a theoretical background to the event study methodology, a comprehensive list of recommended readings covering event study theory, applications, sources of event study data and different types of software to use when implementing your event study (e.g., with Excel templates or Stata Do-Files).Unique to this website, however, is its abnormal return calculator (ARC), with which you can easily implement large-scale event studies using the 'market model'.Once you realize how valuable this website, and particularly the ARC, are for your research, please consider supporting this project. There are a several features I would like to add to complement this website, such as additional models of expected returns. Please also help spread the word by linking to this website.If you use the ARC for academic research or professional publications, please indicate your use of the tool with a corresponding citation.

Visit and make a friend to www.eventstudytools.com