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Study by Harvard Researchers Recommends Reexamination of Government Policies as Number of IPOs Continues to Harshly Decline

 Since the bursting of the dot-com bubble in 2000, the annual number of initial public offerings (IPOs) in the United States has fallen and not recovered, according to two researchers at the Harvard Kennedy School of Government's Mossavar-Rahmani Center.

In their latest paper, "Hunting High and Low: The Decline of the Small IPO and What to Do About It," Marshall Lux, senior researcher at the Center, and Jack Pead, research associate, identify the multiple factors behind this decline, whic

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