A SEEMINGLY UNRELATED REGRESSION ANALYSIS ON THE TRADING BEHAVIOR OF MUTUAL FUND INVESTORS
This paper provides a comprehensive investigation on the causality relationship between fund performance and trading flows. We analyze if investors behave asymmetrically in fund purchasing and selling by seemingly unrelated regression which comprises several individual relationships that are linked...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Varazdin Development and Entrepreneurship Agency
2016-09-01
|
| Series: | Journal of Economic and Social Development (Varaždin) |
| Subjects: | |
| Online Access: | http://www.jesd-online.com/dokumenti/upload/separated/Vol%203%20No%202_07.pdf |