The Closed-End Funds Puzzle: A Survey Review

The main objective of this paper is to explore the most salient research aimed at explaining the closed-end fund puzzle from both the traditional and behavioral finance perspectives. It provides a better understanding of closed-end fund behavior and motivates further research of closed-end funds, ma...

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Detalles Bibliográficos
Autor principal: Marta Charrón
Formato: Artículo científico
Publicado: Centro de Investigaciones Comerciales e Iniciativas Académicas 2009
Materias:
Administración y Contabilidad
Closed-end funds
closed-end fund puzzle
traditional finance
behavioral finance
Acceso en línea:http://www.redalyc.org/articulo.oa?id=63112889003
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pr/pr-004&d=63112889003oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-63112889003oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
topic Administración y Contabilidad
Closed-end funds
closed-end fund puzzle
traditional finance
behavioral finance
spellingShingle Administración y Contabilidad
Closed-end funds
closed-end fund puzzle
traditional finance
behavioral finance
Marta Charrón
The Closed-End Funds Puzzle: A Survey Review
topic_facet Administración y Contabilidad
Closed-end funds
closed-end fund puzzle
traditional finance
behavioral finance
description The main objective of this paper is to explore the most salient research aimed at explaining the closed-end fund puzzle from both the traditional and behavioral finance perspectives. It provides a better understanding of closed-end fund behavior and motivates further research of closed-end funds, market efficiency, asset pricing and the traditional and behavioral finance paradigms. So far, none of the possible explanations from either traditional finance or behavioral finance have been able to fully account for the occurrence of the puzzle. It continues to be an important issue in the long standing debate between traditional finance and behavioral finance.
format Artículo científico
Artículo científico
author Marta Charrón
author_facet Marta Charrón
author_sort Marta Charrón
title The Closed-End Funds Puzzle: A Survey Review
title_short The Closed-End Funds Puzzle: A Survey Review
title_full The Closed-End Funds Puzzle: A Survey Review
title_fullStr The Closed-End Funds Puzzle: A Survey Review
title_full_unstemmed The Closed-End Funds Puzzle: A Survey Review
title_sort closed-end funds puzzle: a survey review
publisher Centro de Investigaciones Comerciales e Iniciativas Académicas
publishDate 2009
url http://www.redalyc.org/articulo.oa?id=63112889003
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pr/pr-004&d=63112889003oai
work_keys_str_mv AT martacharron theclosedendfundspuzzleasurveyreview
AT martacharron closedendfundspuzzleasurveyreview
bdutipo_str Repositorios
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