Adra, S. orcid.org/0000-0002-0187-2607 and Barbopoulos, L. (2022) Monetary shocks and the analyst coverage of the firm. Economics Letters, 218. 110776. ISSN 0165-1765
Abstract
Contractionary monetary shocks, which are known to reduce growth and tighten lending, significantly reduce firm-level analyst coverage. The reduction in analyst coverage of high-leverage firms is almost 50% larger, and faster, than the reduction in the coverage of low-leverage firms.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2022 Elsevier B.V. This is an author produced version of a paper subsequently published in Economics Letters. Uploaded in accordance with the publisher's self-archiving policy. Article available under the terms of the CC-BY-NC-ND licence (https://creativecommons.org/licenses/by-nc-nd/4.0/). |
Keywords: | Monetary policy; Analyst coverage; Leverage |
Dates: |
|
Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 17 Aug 2022 13:04 |
Last Modified: | 01 Feb 2024 01:13 |
Status: | Published |
Publisher: | Elsevier BV |
Refereed: | Yes |
Identification Number: | 10.1016/j.econlet.2022.110776 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:189973 |
Download
Filename: Monetary_Shocks_and_the_Analyst_Coverage_of_the_Firm.pdf
Licence: CC-BY-NC-ND 4.0