In this study, we examine the impact of Fed's monetary policy stance on stock analyst coverage and analyst revisions in the U.S. Similar to the previous studies, here the series of consecutive increases (decreases) in the Fed funds rate define periods of contractionary (expansionary) monetary...

This study examines the relation between the financial market conditions (i.e. interest rates) and the initial public offering (i.e., IPO) activity. Using robust regressions and finds that the change in the level of interest rates over the previous four quarters explains the size of the...