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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Gelos, R.
Outros Autores: Borensztein, Eduardo
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2000.
Colecção:IMF Working Papers; Working Paper ; No. 2000/198
Acesso em linha:Full text available on IMF