-
1
-
-
0000552715
-
Limited market participation and volatility of asset prices
-
Allen F., and Gale D. Limited market participation and volatility of asset prices. American Economic Review 84 (1994) 933-955
-
(1994)
American Economic Review
, vol.84
, pp. 933-955
-
-
Allen, F.1
Gale, D.2
-
2
-
-
0013068840
-
Illiquidity and stock returns: cross-section and time-series effects
-
Amihud Y. Illiquidity and stock returns: cross-section and time-series effects. Journal of Financial Markets 5 (2002) 31-56
-
(2002)
Journal of Financial Markets
, vol.5
, pp. 31-56
-
-
Amihud, Y.1
-
4
-
-
33748785984
-
Liquidity and autocorrelations in individual stock returns
-
Avramov D., Chordia T., and Goyal A. Liquidity and autocorrelations in individual stock returns. Journal of Finance 61 (2006) 2365-2394
-
(2006)
Journal of Finance
, vol.61
, pp. 2365-2394
-
-
Avramov, D.1
Chordia, T.2
Goyal, A.3
-
5
-
-
53249110800
-
-
Banerjee, S., Gangopadhyay, G., 1997. Discounts in closed-end funds with fixed windup dates: evidence from Thailand's stock markets, mimeo, Brunel University.
-
Banerjee, S., Gangopadhyay, G., 1997. Discounts in closed-end funds with fixed windup dates: evidence from Thailand's stock markets, mimeo, Brunel University.
-
-
-
-
7
-
-
53249135969
-
-
Bedi, J., Richards, A., Tennant, P., 2003. The characteristics and trading behaviour of dual-listed companies, Working Paper, Reserve Bank of Australia.
-
Bedi, J., Richards, A., Tennant, P., 2003. The characteristics and trading behaviour of dual-listed companies, Working Paper, Reserve Bank of Australia.
-
-
-
-
8
-
-
53249153816
-
-
Berk, J., Stanton, R., 2006. Managerial ability, compensation, and the closed-end fund discount. Journal of Finance, forthcoming.
-
Berk, J., Stanton, R., 2006. Managerial ability, compensation, and the closed-end fund discount. Journal of Finance, forthcoming.
-
-
-
-
10
-
-
84977716784
-
International investment restrictions and closed-end country fund prices
-
Bonser-Neal C., Brauer G., Neal R., and Wheatley S. International investment restrictions and closed-end country fund prices. Journal of Finance 45 (1990) 523-547
-
(1990)
Journal of Finance
, vol.45
, pp. 523-547
-
-
Bonser-Neal, C.1
Brauer, G.2
Neal, R.3
Wheatley, S.4
-
11
-
-
0030191751
-
Market microstructure and asset pricing: on the compensation for illiquidity in stock returns
-
Brennan M., and Subrahmanyam A. Market microstructure and asset pricing: on the compensation for illiquidity in stock returns. Journal of Financial Economics 41 (1996) 441-464
-
(1996)
Journal of Financial Economics
, vol.41
, pp. 441-464
-
-
Brennan, M.1
Subrahmanyam, A.2
-
12
-
-
0000069353
-
Alternative factor specification, security characteristics, and the cross-section of expected stock returns
-
Brennan M., Chordia T., and Subrahmanyam A. Alternative factor specification, security characteristics, and the cross-section of expected stock returns. Journal of Financial Economics 49 (1998) 345-373
-
(1998)
Journal of Financial Economics
, vol.49
, pp. 345-373
-
-
Brennan, M.1
Chordia, T.2
Subrahmanyam, A.3
-
13
-
-
53249091492
-
-
Cherkes, M., 2003. A positive theory of closed-end funds as an investment vehicle. Working Paper, Princeton University.
-
Cherkes, M., 2003. A positive theory of closed-end funds as an investment vehicle. Working Paper, Princeton University.
-
-
-
-
14
-
-
53249134033
-
-
Cherkes, M., Sagi, J., Stanton, R., 2005. Liquidity and closed-end funds. Working Paper, Princeton University.
-
Cherkes, M., Sagi, J., Stanton, R., 2005. Liquidity and closed-end funds. Working Paper, Princeton University.
-
-
-
-
16
-
-
53249096885
-
-
Cohen, B., Remolona, E., 2001. Information flows during the Asian crisis: evidence from closed-end funds. Working Paper, Bank for International Settlements, Switzerland.
-
Cohen, B., Remolona, E., 2001. Information flows during the Asian crisis: evidence from closed-end funds. Working Paper, Bank for International Settlements, Switzerland.
-
-
-
-
17
-
-
84936823769
-
Capital market equilibrium with transaction costs
-
Constantinides G. Capital market equilibrium with transaction costs. Journal of Political Economy 94 (1986) 842-862
-
(1986)
Journal of Political Economy
, vol.94
, pp. 842-862
-
-
Constantinides, G.1
-
18
-
-
0041319281
-
Impact of liquidity on premia/discounts in closed-end funds
-
Datar V. Impact of liquidity on premia/discounts in closed-end funds. The Quarterly Review of Economics and Finance 41 (2001) 119-135
-
(2001)
The Quarterly Review of Economics and Finance
, vol.41
, pp. 119-135
-
-
Datar, V.1
-
21
-
-
53249085355
-
-
Dimson, E., Minio-Kozerski, C., 1999. Closed-end funds: a survey. Financial Markets, Institutions & Instruments, Vol. 8, No. 2, New York University Salomon Center.
-
Dimson, E., Minio-Kozerski, C., 1999. Closed-end funds: a survey. Financial Markets, Institutions & Instruments, Vol. 8, No. 2, New York University Salomon Center.
-
-
-
-
22
-
-
0037317053
-
A simple measure of the intensity of capital controls
-
Edison H., and Warnock F. A simple measure of the intensity of capital controls. Journal of Empirical Finance 10 (2003) 81-103
-
(2003)
Journal of Empirical Finance
, vol.10
, pp. 81-103
-
-
Edison, H.1
Warnock, F.2
-
24
-
-
53249126881
-
-
Gagnon, L., Karolyi, G., 2004. Multi-market trading and arbitrage. Working Paper, Ohio State University.
-
Gagnon, L., Karolyi, G., 2004. Multi-market trading and arbitrage. Working Paper, Ohio State University.
-
-
-
-
25
-
-
0043172465
-
Noise trading, costly arbitrage, and asset prices: evidence from closed-end funds
-
Gemmill G., and Thomas D. Noise trading, costly arbitrage, and asset prices: evidence from closed-end funds. Journal of Finance 57 (2002) 2571-2594
-
(2002)
Journal of Finance
, vol.57
, pp. 2571-2594
-
-
Gemmill, G.1
Thomas, D.2
-
26
-
-
0000463443
-
Insider trading, liquidity, and the role of the monopolist specialist
-
Glosten L. Insider trading, liquidity, and the role of the monopolist specialist. Journal of Business 62 (1989) 211-235
-
(1989)
Journal of Business
, vol.62
, pp. 211-235
-
-
Glosten, L.1
-
27
-
-
21144468672
-
Security baskets and index-linked securities
-
Gorton G., and Pennacchi G. Security baskets and index-linked securities. Journal of Business 66 (1993) 1-27
-
(1993)
Journal of Business
, vol.66
, pp. 1-27
-
-
Gorton, G.1
Pennacchi, G.2
-
28
-
-
53249155482
-
-
Hanley, K., Lee, C., Seguin, P., 1994. The marketing of closed-end fund IPOs: evidence from transaction data. Working Paper 94-21, Financial Institutions Center, The Wharton School, University of Pennsylvania.
-
Hanley, K., Lee, C., Seguin, P., 1994. The marketing of closed-end fund IPOs: evidence from transaction data. Working Paper 94-21, Financial Institutions Center, The Wharton School, University of Pennsylvania.
-
-
-
-
29
-
-
0001493165
-
What moves the discount on country equity funds?
-
Frankel J.A. (Ed), University of Chicago Press
-
Hardouvelis G., La Porta R., and Wizman T. What moves the discount on country equity funds?. In: Frankel J.A. (Ed). The Internationalization of Equity Markets (1994), University of Chicago Press 345-397
-
(1994)
The Internationalization of Equity Markets
, pp. 345-397
-
-
Hardouvelis, G.1
La Porta, R.2
Wizman, T.3
-
30
-
-
53249147434
-
-
Hasbrouck, J., 2003. Trading costs and returns for U.S. equities: the evidence from daily data. Working Paper, New York University.
-
Hasbrouck, J., 2003. Trading costs and returns for U.S. equities: the evidence from daily data. Working Paper, New York University.
-
-
-
-
31
-
-
0037950037
-
Liquidity shocks and equilibrium liquidity premia
-
Huang M. Liquidity shocks and equilibrium liquidity premia. Journal of Economic Theory 109 (2003) 104-129
-
(2003)
Journal of Economic Theory
, vol.109
, pp. 104-129
-
-
Huang, M.1
-
32
-
-
0007881731
-
Investor reaction to salient news in closed-end country funds
-
Klibanoff P., Lamont O., and Wizman T. Investor reaction to salient news in closed-end country funds. Journal of Finance 53 (1998) 673-699
-
(1998)
Journal of Finance
, vol.53
, pp. 673-699
-
-
Klibanoff, P.1
Lamont, O.2
Wizman, T.3
-
33
-
-
0000859303
-
Continuous auctions and insider trading
-
Kyle A. Continuous auctions and insider trading. Econometrica 53 (1985) 1315-1335
-
(1985)
Econometrica
, vol.53
, pp. 1315-1335
-
-
Kyle, A.1
-
34
-
-
0013498103
-
Testing for unit roots in heterogeneous panels
-
Im K., Pesaran M., and Shin Y. Testing for unit roots in heterogeneous panels. Journal of Econometrics 115 (2003) 53-74
-
(2003)
Journal of Econometrics
, vol.115
, pp. 53-74
-
-
Im, K.1
Pesaran, M.2
Shin, Y.3
-
36
-
-
84977736029
-
Investor sentiment and the closed-end fund puzzle
-
Lee C., Shleifer A., and Thaler R. Investor sentiment and the closed-end fund puzzle. Journal of Finance 46 (1991) 75-109
-
(1991)
Journal of Finance
, vol.46
, pp. 75-109
-
-
Lee, C.1
Shleifer, A.2
Thaler, R.3
-
37
-
-
0000391884
-
Unit root tests in panel data: asymptotic and finite sample properties
-
Levin A., Lin C., and Chu C. Unit root tests in panel data: asymptotic and finite sample properties. Journal of Econometrics 108 (2002) 1-24
-
(2002)
Journal of Econometrics
, vol.108
, pp. 1-24
-
-
Levin, A.1
Lin, C.2
Chu, C.3
-
38
-
-
0034382837
-
Trading volume: definitions, data analysis, and implications of portfolio theory
-
Lo A., and Wang J. Trading volume: definitions, data analysis, and implications of portfolio theory. Review of Financial Studies 13 (2000) 257-300
-
(2000)
Review of Financial Studies
, vol.13
, pp. 257-300
-
-
Lo, A.1
Wang, J.2
-
39
-
-
4344586288
-
The flight-to-liquidity premium in U.S. treasury bond prices
-
Longstaff F. The flight-to-liquidity premium in U.S. treasury bond prices. Journal of Business 77 (2004) 511-526
-
(2004)
Journal of Business
, vol.77
, pp. 511-526
-
-
Longstaff, F.1
-
40
-
-
53249137353
-
-
Longstaff, F., 2004b. Financial claustrophobia: asset pricing in illiquid markets. Working Paper, UCLA.
-
Longstaff, F., 2004b. Financial claustrophobia: asset pricing in illiquid markets. Working Paper, UCLA.
-
-
-
-
41
-
-
84977360059
-
The valuation of closed-end investment-company shares
-
Malkiel B. The valuation of closed-end investment-company shares. Journal of Finance 32 (1977) 847-858
-
(1977)
Journal of Finance
, vol.32
, pp. 847-858
-
-
Malkiel, B.1
-
42
-
-
53249124240
-
-
Manzler, D., 2005. Liquidity, liquidity risk and the closed-end fund discount. Working Paper, University of Cincinnati.
-
Manzler, D., 2005. Liquidity, liquidity risk and the closed-end fund discount. Working Paper, University of Cincinnati.
-
-
-
-
43
-
-
53249083495
-
-
Newman, Y., Rierson, M.A., 2004. Illiquidity spillovers: theory and evidence from European telecom bond issuance. Working Paper, Stanford University.
-
Newman, Y., Rierson, M.A., 2004. Illiquidity spillovers: theory and evidence from European telecom bond issuance. Working Paper, Stanford University.
-
-
-
-
44
-
-
0039648383
-
Noise trading in small markets
-
Palomino F. Noise trading in small markets. Journal of Finance 51 (1996) 1537-1550
-
(1996)
Journal of Finance
, vol.51
, pp. 1537-1550
-
-
Palomino, F.1
-
46
-
-
53249148641
-
-
Petersen, M., 2005. Estimating standard errors in finance panel data sets: comparing approaches. Working Paper, Northwestern University.
-
Petersen, M., 2005. Estimating standard errors in finance panel data sets: comparing approaches. Working Paper, Northwestern University.
-
-
-
-
47
-
-
0039021355
-
Costly arbitrage: evidence from closed-end funds
-
Pontiff J. Costly arbitrage: evidence from closed-end funds. Quarterly Journal of Economics 111 (1996) 1135-1151
-
(1996)
Quarterly Journal of Economics
, vol.111
, pp. 1135-1151
-
-
Pontiff, J.1
-
48
-
-
0001647433
-
Excess volatility and closed-end funds
-
Pontiff J. Excess volatility and closed-end funds. American Economic Review 87 (1997) 155-169
-
(1997)
American Economic Review
, vol.87
, pp. 155-169
-
-
Pontiff, J.1
-
49
-
-
33746197256
-
A Neoclassical look at behavioral finance: closed end funds
-
Ross S. A Neoclassical look at behavioral finance: closed end funds. European Financial Management 8 (2002) 129-137
-
(2002)
European Financial Management
, vol.8
, pp. 129-137
-
-
Ross, S.1
-
50
-
-
0032354194
-
Transaction costs and asset prices: a dynamic equilibrium model
-
Vayanos D. Transaction costs and asset prices: a dynamic equilibrium model. Review of Financial Studies 11 (1998) 1-58
-
(1998)
Review of Financial Studies
, vol.11
, pp. 1-58
-
-
Vayanos, D.1
-
51
-
-
53249114736
-
-
Wermers, R., Wu, Y., Zechner, J., 2004. Closed-end fund governance, portfolio performance, and the discount. Working Paper, University of Vienna.
-
Wermers, R., Wu, Y., Zechner, J., 2004. Closed-end fund governance, portfolio performance, and the discount. Working Paper, University of Vienna.
-
-
-
-
52
-
-
0001889189
-
The post-offering price performance of closed-end funds
-
Weiss K. The post-offering price performance of closed-end funds. Financial Management, Autumn 1989 (1989) 57-67
-
(1989)
Financial Management, Autumn
, vol.1989
, pp. 57-67
-
-
Weiss, K.1
|