IPO Market Cycles: Bubbles or Sequential Learning?
收藏NBER2000-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7935
下载链接
链接失效反馈官方服务:
资源简介:
We examine the strong cycles in the number of initial public offerings (IPOs) and in the average initial returns realized by investors who participated in the IPOs. At the aggregate level, initial returns are predictably related to past initial returns and also to future IPO volume from 1960-1997.
提供机构:
美国国家经济研究局
创建时间:
2000-10-01



