..., and regulatory bodies, necessitating the development of research to further investigate the market–s growing action with the global financial system, specifically monetary policy and those actions executed by central banks to modulate economic activity, whether through conventional mechanisms or otherwise...

...Cristiano Bellavitis; Christian Fisch; Silvio Vismara We assess the impact of monetary policy (i.e., central bank interest rates) on the activity of venture capitalists (VC). Using data from 31 countries from 2004 to 2019, we find that VC firms’ fundraising activity increases when interest rates...