Martinez, Valeria; Tse, Yiuman; Kittiakarasakun, Jullavut - In: Journal of Economics and Finance 37 (2013) 2, pp. 293-307
In recent years there have been reports of excessive price volatility and value differences between prices of exchange traded funds (ETFs) and their underlying asset values. The objective of our study is to shed light on these facts by taking a closer look at the relationship between return...