2024-03-29T13:42:38Zhttps://eprints.lib.hokudai.ac.jp/dspace-oai/requestoai:eprints.lib.hokudai.ac.jp:2115/53852022-11-17T02:08:08Zhdl_2115_5304hdl_2115_5303hdl_2115_123Analysis of Initial Returns Rate in the IPO Market among 21 CountriesNakamura, Hiromasaopen accessThe IPOMarket, Initial Return, Nominal GDP, Real GDP, GDP per Capita, Current Account,Money Supply, CPI, Macro-Economy and Econometrics330This thesis looks into the relationship between Initial Returns of the IPO Market and Macro-Economy in each of 21 countries, that is, Australia, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Mexico, New Zealand, Philippines, Poland, Singapore, South Korea, Spain, Taiwan, Thailand, U.K., and U.S. As the indexes, Macro-Economy, Nominal GDP, Real GDP, GDP per capita, Current Account, Money Supply, and CPI are selected. In addition, there are some dummy variables; for example, the cultural background of each country is considered. (JEL E44, G15, G24)Faculty of Economics, Hokkaido University2003-07engdepartmental bulletin paperVoRhttp://hdl.handle.net/2115/53850916-4650AA10772967Economic journal of Hokkaido University32161181https://eprints.lib.hokudai.ac.jp/dspace/bitstream/2115/5385/3/EJHU_v32_p161-181.pdfapplication/pdf136.9 KB2003-07