Anderson, S.; Beard, T. R.; Kim, H.; Stern, L. V. - In: Applied Economics Letters 20 (2013) 10, pp. 956-959
Closed-End Fund (CEF) discounts have intrigued researchers for decades. Of the many explanations offered, the behavioural framework of Lee <italic>et al</italic>. (1991), which posits noise traders subject to sentiment, is the most discussed. In this article, we contribute some novel evidence to the evaluation...
