Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of New York
Current Issues in Economics and Finance
Evaluating the relative strength of the U.S. capital markets
Stavros Peristiani
Abstract

Concern is growing that the U.S. capital markets are losing market share to overseas competitors. A decline in foreign initial public offerings indeed suggests that the U.S. equity market is becoming less attractive to certain issuers. However, evidence on the competitiveness of the U.S. equity market is mixed, since the trends affecting it are likewise shaping equity markets abroad. A less ambiguous decline in the share of global issuance can be seen in the U.S. corporate bond market, which is facing a growing challenge from the Eurobond market.


Download Full text
Download Full text
Cite this item
Stavros Peristiani, "Evaluating the relative strength of the U.S. capital markets" , Federal Reserve Bank of New York, Current Issues in Economics and Finance, volume 13, issue Jul, 2007.
More from this series
JEL Classification:
Subject headings:
Keywords: Capital market ; Corporate bonds ; Corporations - Finance ; Bond market ; International finance
For corrections, contact Amy Farber ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal