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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Levy Yeyati, Eduardo
مؤلفون آخرون: Ubide, Angel
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1998.
سلاسل:IMF Working Papers; Working Paper ; No. 1998/143
الوصول للمادة أونلاين:Full text available on IMF