ipo: Initial Public Offering Data
Description
Data on the relationship between the number of initial public
offerings (of shares in a company) and other potentially important variables.
It is probably necessary to lag some of the explanatory variables.format
A data frame with 6 columns and 156 rows. The columns are:
{number of initial pubilc offerings each month.}
- ir
{the average initial return (volume weighted): this is the percentage
difference between the offer proce of shares and the price after the first day
of trading.}
- dp
{the average percentage difference between middle of the price range
proposed at first filing of the IPO, and the eventual offer price.}
- reg.t
{the average time between filing and offer.}
- t
{time, in months.}
- n.ipo
{month of the year (1 = January).}source
http://schwert.ssb.rochester.eduReferences
Lowry, M. and G.W. Schwert (2002) IPO market cycles: Bubbles or sequential
learning? The Journal of Finance 67(3), 1171-1198Wood, S.N. (2006) Generalized Additive Models: An Introduction with R. CRC