Dynamics of Mutual Funds in Relation to Stock Market: A Vector Autoregressive Causality Analysis

In Bangladesh, primary and secondary mutual fund markets behave in a completely different way, where initial public offering (IPO) investors of mutual funds earn more than 250 percent rerun, whereas secondary market investors cannot even manage to cover the opportunity cost of their investment. The...

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Bibliographic Details
Main Authors: Md. Shahadath Hossain, A.B.M. Munibur Rahman, Md. Salah Uddin Rajib
Format: Article
Language:English
Published: EconJournals 2012-12-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/341