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Interest Rates and Initial Public Offerings

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NBER2004-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10298
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资源简介:
We study the relation between IPO investment and the rate of interest. We model the IPO timing decision and show that the implied relation between interest rates and investment is non-monotonic, and the data support the implication. At low rates of interest firms delay their IPOs. This happens
提供机构:
美国国家经济研究局
创建时间:
2004-02-01
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