Deviations from fundamental value and future closed-end country fund returns
Purpose This article examines whether deviations from fundamental value or closed-end country fund's discounts or premiums forecast future share price returns or net asset returns. Design/methodology/approach The main empirical (econometric) tool is a vector autoregressive (VAR) model. The auth...
- Autores:
-
Berggrun, Luis
Cardona, Emilio
Lizarzaburu Bolaños, Edmundo R.
- Tipo de recurso:
- Article of investigation
- Fecha de publicación:
- 2021
- Institución:
- Colegio de Estudios Superiores de Administración
- Repositorio:
- Repositorio CESA
- Idioma:
- eng
- OAI Identifier:
- oai:repository.cesa.edu.co:10726/5044
- Palabra clave:
- Closed-end fund
Discount
Premium
Puzzle
Vector autoregressive models
- Rights
- openAccess
- License
- Abierto (Texto Completo)