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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2021-12-01
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| Series: | Journal of Economics Finance and Administrative Science |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/JEFAS-04-2021-0035/full/pdf?title=deviations-from-fundamental-value-and-future-closed-end-country-fund-returns |