Matches in SemOpenAlex for { <https://semopenalex.org/work/W2110106075> ?p ?o ?g. }
- W2110106075 abstract "In a segmented international capital market, illiquidity in the market in which the shares of a country fund are traded affects only the share price of the fund (S), while illiquidity in the market in which the underlying assets are traded affects only the fund net asset value (NAV). In an integrated market, illiquidity in one market can easily spill over to another and affect both the fund share price and its underlying asset value. It follows that the closed-end country fund premium, P=ln(S)-ln(NAV), is negatively (positively) affected by the share (asset) market illiquidity in segmented capital markets, but has only an ambiguous association with either share or asset market illiquidity in an integrated market. Empirical evidence from U.S.-traded single-country closed-end funds shows a strong negative (positive) association between the fund premium and the share (asset) market illiquidity, and the relation is much stronger for funds investing in segmented markets. The results suggest that relative market illiquidity plays a significant role in explaining the variation in closed-end country fund premia." @default.
- W2110106075 created "2016-06-24" @default.
- W2110106075 creator A5014562592 @default.
- W2110106075 creator A5029289835 @default.
- W2110106075 creator A5048052017 @default.
- W2110106075 date "2006-01-01" @default.
- W2110106075 modified "2023-10-16" @default.
- W2110106075 title "Market Segmentation, Liquidity Spillover, and Closed-End Country Fund Discounts" @default.
- W2110106075 cites W1506972578 @default.
- W2110106075 cites W1560849420 @default.
- W2110106075 cites W1566773090 @default.
- W2110106075 cites W1583886876 @default.
- W2110106075 cites W1588588285 @default.
- W2110106075 cites W1964439038 @default.
- W2110106075 cites W1973592910 @default.
- W2110106075 cites W1978775682 @default.
- W2110106075 cites W1985558404 @default.
- W2110106075 cites W1986142095 @default.
- W2110106075 cites W1992353585 @default.
- W2110106075 cites W1997165835 @default.
- W2110106075 cites W2010997253 @default.
- W2110106075 cites W2024430470 @default.
- W2110106075 cites W2026432916 @default.
- W2110106075 cites W2029099421 @default.
- W2110106075 cites W2032873945 @default.
- W2110106075 cites W2035072243 @default.
- W2110106075 cites W2046519558 @default.
- W2110106075 cites W2050031929 @default.
- W2110106075 cites W2050643653 @default.
- W2110106075 cites W2052758069 @default.
- W2110106075 cites W2074524292 @default.
- W2110106075 cites W2090386647 @default.
- W2110106075 cites W2092322244 @default.
- W2110106075 cites W2095913825 @default.
- W2110106075 cites W2109159662 @default.
- W2110106075 cites W2117178635 @default.
- W2110106075 cites W2117513178 @default.
- W2110106075 cites W2118226002 @default.
- W2110106075 cites W2120139936 @default.
- W2110106075 cites W2121114072 @default.
- W2110106075 cites W2124135196 @default.
- W2110106075 cites W2129525919 @default.
- W2110106075 cites W2129701097 @default.
- W2110106075 cites W2131675768 @default.
- W2110106075 cites W2140268443 @default.
- W2110106075 cites W2140825224 @default.
- W2110106075 cites W2141216870 @default.
- W2110106075 cites W2142676480 @default.
- W2110106075 cites W2158120228 @default.
- W2110106075 cites W2158725344 @default.
- W2110106075 cites W2159073154 @default.
- W2110106075 cites W2727657178 @default.
- W2110106075 cites W2892334275 @default.
- W2110106075 cites W3021021582 @default.
- W2110106075 cites W3021190191 @default.
- W2110106075 cites W3023906401 @default.
- W2110106075 cites W3121183844 @default.
- W2110106075 cites W3122797132 @default.
- W2110106075 cites W3123058551 @default.
- W2110106075 cites W3123129688 @default.
- W2110106075 cites W3123295160 @default.
- W2110106075 cites W3123436100 @default.
- W2110106075 cites W3123771448 @default.
- W2110106075 cites W3123774674 @default.
- W2110106075 cites W3124255666 @default.
- W2110106075 cites W3124897462 @default.
- W2110106075 cites W3125420430 @default.
- W2110106075 cites W3125716040 @default.
- W2110106075 cites W3136086132 @default.
- W2110106075 cites W3125470132 @default.
- W2110106075 cites W48850272 @default.
- W2110106075 doi "https://doi.org/10.2139/ssrn.853664" @default.
- W2110106075 hasPublicationYear "2006" @default.
- W2110106075 type Work @default.
- W2110106075 sameAs 2110106075 @default.
- W2110106075 citedByCount "9" @default.
- W2110106075 countsByYear W21101060752012 @default.
- W2110106075 countsByYear W21101060752013 @default.
- W2110106075 countsByYear W21101060752014 @default.
- W2110106075 countsByYear W21101060752015 @default.
- W2110106075 countsByYear W21101060752016 @default.
- W2110106075 countsByYear W21101060752017 @default.
- W2110106075 crossrefType "journal-article" @default.
- W2110106075 hasAuthorship W2110106075A5014562592 @default.
- W2110106075 hasAuthorship W2110106075A5029289835 @default.
- W2110106075 hasAuthorship W2110106075A5048052017 @default.
- W2110106075 hasConcept C10138342 @default.
- W2110106075 hasConcept C125308379 @default.
- W2110106075 hasConcept C144133560 @default.
- W2110106075 hasConcept C162324750 @default.
- W2110106075 hasConcept C162853370 @default.
- W2110106075 hasConcept C175444787 @default.
- W2110106075 hasConcept C183582576 @default.
- W2110106075 hasConcept C55527203 @default.
- W2110106075 hasConcept C556758197 @default.
- W2110106075 hasConcept C73283319 @default.
- W2110106075 hasConcept C84355842 @default.
- W2110106075 hasConceptScore W2110106075C10138342 @default.
- W2110106075 hasConceptScore W2110106075C125308379 @default.
- W2110106075 hasConceptScore W2110106075C144133560 @default.