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Going green: Market reaction to CSRwire news releases

โœ Scribed by Griffin, Paul A.; Sun, Yuan


Book ID
122404768
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
313 KB
Volume
32
Category
Article
ISSN
0278-4254

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This paper examines the response of exchange rates and interest rates-US and foreign-to economic news. The news is associated with the surprise component of the monthly release of six US macroeconomic variables. The results suggest that dollar exchange rates systematically react to news about real e