The Measurement of the Relationship between Taiwan’s Bond Funds’ Net Flow and the Investment Risk -Threshold Autoregressive Model

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Wo-Chiang Lee; Joe-Ming Lee;
(2014)
  • Journal: Asian Economic and Financial Review,volume 4,issue 2 February,pages137-149
  • Subject: Bond fund, Threshold autoregressive model, Funds’ net flow

This article applies the threshold autoregressive model to investigate the relationship between bond funds’ net flow and investment risk in Taiwan. Our empirical findings show that bond funds’ investors are concerned about the investment return and neglect the investmen... View more
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