Exchange-traded funds and FX volatility: Evidence from Turkey
Exchange-Traded Funds (ETFs) have become one of the most popular passive investment instruments since they bring together the advantages of stocks and mutual funds. As passive investors are more risk averse and sensitive to possible adverse market developments, ETF’s fund flows can provide distinct...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2020-12-01
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Series: | Central Bank Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070120300263 |