Crises, Contagion, and the Closed : End Country Fund Puzzle /
This paper analyzes the behavior of closed-end country fund discounts, including evidence from the Mexican and East Asian crises. We find that the ratio of fund prices to their fundamental value increases dramatically during a crisis, an anomaly that we denote the 'closed-end country fund puzzl...
| Autor Principal: | |
|---|---|
| Outros autores: | |
| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| Series: | IMF Working Papers; Working Paper ;
No. 1998/143 |
| Acceso en liña: | Full text available on IMF |