Dynamic Relations between Aggregate Mutual Fund Flows and Tehran Stock Exchange’s Index:A Hidden Co-integration Approach
With regard to the prominent role of mutual funds in financial markets, this study aims to examine the relationship between the mutual fund flows and the index of Tehran Stock Exchange (TEDPIX). For this purpose, the researchers used the daily data of 90 mutual funds during the period from March 201...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
University of Tehran
2017-09-01
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Series: | تحقیقات مالی |
Subjects: | |
Online Access: | https://jfr.ut.ac.ir/article_66361_30dd8c65ea1780c852d062f6a30abbb3.pdf |