Click to download data: an event study of Internet access to economic statistics

Tokel, O. Emre and Yucel, M. Eray (2009): Click to download data: an event study of Internet access to economic statistics.

Abstract

This study examines the online access statistics of the Central Bank of Turkey’s Electronic Data Delivery System within an event study framework. The comparisons of pre-event and post-event statistics suggest that announcements of both the policy interest rates and the consumer price data considerably affect society’s data access behavior. The timing and amplitude of these effects are further studied with respect to inflation expectations and surprise content of events; yet no solid pattern was revealed.

• Item Type: MPRA Paper
• Language: English
• Keywords: Data access; Macroeconomic data; Market efficiency; Event study
• Subjects: G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General; G - Financial Economics > G1 - General Financial Markets > G10 - General

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Tokel, O.E. and E.M. Yucel. 2009. “Does Internet access to official data display any regularity: case of the Electronic Data Delivery System of the Central Bank of Turkey”, MPRA Paper No. 15704, available online at http://mpra.ub.uni-muenchen.de/15704/