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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Levy Yeyati, Eduardo
अन्य लेखक: Ubide, Angel
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1998.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1998/143
ऑनलाइन पहुंच:Full text available on IMF