IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v10(527)y2008i10(527)p53-60.html
   My bibliography  Save this article

An Analysis of Closed-end Fund Puzzle for Emerging Capital Markets

Author

Listed:
  • Victor Dragota

    (Academy of Economic Studies, Bucharest)

  • Mihai Caruntu

    (Romanian Commercial Bank)

  • Andreea Stoian

    (Academy of Economic Studies, Bucharest)

Abstract

This paper analyzes the closed-end fund puzzle for an emerging capital market, respectively the Romanian one. Comparatively to more developed markets, as long as small markets are often very illiquid, it has to be used some specific valuation techniques in order to estimate the market values for closed-end funds. Also, one problem is this estimation can be made only in some (punctual) moments.

Suggested Citation

  • Victor Dragota & Mihai Caruntu & Andreea Stoian, 2008. "An Analysis of Closed-end Fund Puzzle for Emerging Capital Markets," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 10(10(527)), pages 53-60, October.
    • Handle: RePEc:agr:journl:v:10(527):y:2008:i:10(527):p:53-60
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/340.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=340&rid=42
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dan Anghel, 2013. "How Reliable is the Moving Average Crossover Rule for an Investor on the Romanian Stock Market?," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(2), pages 089-115, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:10(527):y:2008:i:10(527):p:53-60. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.