English, Article edition: Transmission of shocks among health care stock index returns Bradley Ewing; Jamie Kruse; Mark Thompson

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Transmission of shocks among health care stock index returns
Author
  • Bradley Ewing
  • Jamie Kruse
  • Mark Thompson
Physical Description
  • article
Notes
  • This article examines the transmission of shocks among different sectors of the health care industry using financial market data in an excess-return model. As suggested by the nature of the reimbursement schemes, we find a significant linkage between the payor and product sectors. A significant and stronger linkage between the payor and provider sector exists. Given its competitive and well-diversified operating environment, the product sector may be better positioned to absorb shocks from the other health care sectors.
  • RePEc:taf:apfelt:v:4:y:2008:i:1:p:71-75
Language
  • English
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