How are stock prices affected by the location of trade?

Journal of Financial Economics

Volumn 53, Issue 2, 1999, Pages 189-216

  Froot, Kenneth A ^a,b   Dabora, Emil M ^c  

^a HARVARD UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c MORGAN STANLEY   (United States)

Author keywords

Anomalies; Closed end funds; G150; International equities

Indexed keywords

EID: 0000110377     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0304-405x(99)00020-3     Document Type: Article

References (10)

1. Bodurtha, J., Kim, D.S., Lee, C., 1993. Closed-end country funds and U.S. market sentiment. University of Michigan and Sang Yong Research Institute.
2. Chen, N.F., Kan, R., Miller, M., 1993. Are the discounts on closed-end funds a sentiment index? Unpublished working paper. Journal of Finance 48, 795-800.
3. Chopra N., Lee C., Shleifer A., Thaler R. Yes, discounts on closed-end funds are a sentiment index. Journal of Finance. 48:1993;801-808.
4. Froot, K.A., Dabora, E., 1998. How are stock prices affected by the location of trade. Working paper no. 6572. National Bureau of Economic Research, Cambridge, MA.
5. Froot, K.A., Perold, A., 1996. Global equity markets: the case of Royal Dutch and Shell. Case no. 296-077. Harvard Business School, Cambridge, MA.
6. Hardouvelis, G., La Porta, R., Wizman, T., 1995. What moves the discount on country equity funds. Working paper no. 4571. National Bureau of Economic Research, Cambridge, MA.
7. Lee C., Shleifer A., Thaler R. Investor sentiment and the closed-end fund puzzle. Journal of Finance. 46:1991;75-109.
8. Pontiff, J., 1993. Costly arbitrage and closed-end fund discounts. Unpublished working paper. University of Washington, Seattle, WA.
9. Rosenthal L., Young C. The seemingly anomalous price behavior of royal dutch shell and unilever N. V./PLC. Journal of Financial Economics. 26:1990;123-141.
10. Royal Dutch Petroleum Company, Shell Transport and Trading, 1994. Guidance Notes for Investors and Analysts.