Monetary shocks and the analyst coverage of the firm

Samer Adra; Leonidas G. Barbopoulos

doi:10.1016/j.econlet.2022.110776

Monetary shocks and the analyst coverage of the firm

Samer Adra^*, Leonidas G. Barbopoulos

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

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.

Original language	English
Article number	110776
Journal	Economics Letters
Volume	218
Early online date	1 Aug 2022
DOIs	https://doi.org/10.1016/j.econlet.2022.110776
Publication status	Published - Sep 2022

Keywords

analyst coverage
leverage
monetary policy

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10.1016/j.econlet.2022.110776

https://eprints.whiterose.ac.uk/189973/Licence: Creative Commons: Attribution-NonCommercial-NoDerivatives (CC BY-NC-ND)

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title = "Monetary shocks and the analyst coverage of the firm",

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.",

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Monetary shocks and the analyst coverage of the firm

Abstract

Keywords

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