A Panic-Prone Pack? : The Behavior of Emerging Market Mutual Funds /

This paper explores the behavior of emerging market mutual funds using a novel database covering the holdings of individual funds over the period January 1996 to March 1999. An examination of individual crises shows that, on average, funds withdrew money one month prior to the events. The degree of...

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Dettagli Bibliografici
Autore principale: Gelos, R.
Altri autori: Borensztein, Eduardo
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/198
Accesso online:Full text available on IMF