Investor heterogeneity and asymmetric volatility under short-sale constraints: Evidence from Korean fund market

We analyze the asymmetric behavior of fund managers with short-selling constraints under different market conditions to confirm the hypothesis of difference of opinion of fund managers and also investigate determinants in difference of opinions in fund market. This paper examines two issues: whether...

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Auteurs principaux: Sohn,Pando, Yong Seo,Ji
Langue:English
Publié: Universidad de Chile. Departamento de Economía 2015
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Accès en ligne:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000100002
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