Forthcoming American Economic Journal: MacroeconomicsCross-Border Spillovers: How U.S. Monetary Conditions Affect M&As Around the WorldKatharina Bergant · Prachi Mishra · Raghuram Rajan · Freddy Pinzon-PuertoThis paper examines how unexpected changes in U.S. monetary policy transmit to cross-border merger and acquisition (M&A) activity globally, covering both the volume of deals and their quality as …