Investor Reaction to Salient News in Closed-End Country Funds
收藏NBER1996-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5588
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资源简介：
We provide a model of closed-end fund pricing which includes investors who do not form expectations correctly and allows for salient country-specific news to affect this expectation formation process. We use panel data on prices and net asset values of closed- end country funds to examine investor
提供机构：
美国国家经济研究局
创建时间：
1996-05-01
