Anomalies and Spill Over Effects Induced by US Unemployment Press Releases: An Event Study of the Stock Market
The primary purpose of this thesis is to analyze how the US unemployment rate affects the US market and markets overseas, the latter called spill over effects. Indications of market inefficiency are also analysed. Our expectations are that unanticipated unemployment rate should affect stock markets, especially small, dependant markets like the Swedish. Also we expect that lower than expected unemp
