As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
Interest Rates and Initial Public Offerings
The authors study the relation between initial public offering (IPO) investment and the rate of interest. They 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.
Link
Available for purchase at: http://www.nber.org/papers/W10298