The Closed-End Funds Puzzle: A Survey Review

dc.creator	Marta Charrón
dc.date	2009
dc.date.accessioned	2022-03-17T18:04:48Z
dc.date.available	2022-03-17T18:04:48Z
dc.identifier	http://www.redalyc.org/articulo.oa?id=63112889003
dc.identifier.uri	http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/50316
dc.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.
dc.format	application/pdf
dc.language	en
dc.publisher	Centro de Investigaciones Comerciales e Iniciativas Académicas
dc.relation	http://www.redalyc.org/revista.oa?id=631
dc.rights	Forum Empresarial
dc.source	Forum Empresarial (Puerto Rico) Num.2 Vol.14
dc.subject	Administración y Contabilidad
dc.subject	Closed-end funds
dc.subject	closed-end fund puzzle
dc.subject	traditional finance
dc.subject	behavioral finance
dc.title	The Closed-End Funds Puzzle: A Survey Review
dc.type	artículo científico