Add to ORKGIn this paper, using a unique database, we compare the performance of a set of equity mutual funds to a set of equity savings funds, which are similar to equity mutual funds in all but one characteristic: the tax regime that strongly penalizes withdrawals from equity savings funds. We found evidence consistent with the hypothesis that mutual funds less subject to liquidity shocks exhibit higher performances
We explain the lack of long-term performance persistence by actively managed U.S. equitymutual funds...
My dissertation consists of three chapters covering mutual fund terminations, survivorship bias, and...
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is...
Abstract We examine the relation between mutual fund performance and gross flows for a large sample ...
The paper provides a critical review of empirical findings on the performance of mutual funds, mainl...
This paper investigates the reasons for the lack of long-term persistence in the investment performa...
We use a new dataset to study how mutual fund flows depend on past performance across 28 countries. ...
The paper provides a critical review of empirical findings on the performance of mutual funds, mainl...
I study various aspects of mutual funds in my thesis. These are divided over four chapters. The fir...
We use a new data set to study the determinants of the performance of open–end actively managed equi...
We investigate whether fund flows eliminate future abnormal performance and persistence as in Berk a...
We use a new data set to study the determinants of the performance of open–end actively managed equi...
We study the performance reaction of investors in a specific small market context. Our sample includ...
This paper studies the relation between mutual fund flows and a range of fund characteristics, with ...
Most empirical studies suggest that mutual funds do not persistently outperform an appropriate bench...
We explain the lack of long-term performance persistence by actively managed U.S. equitymutual funds...
My dissertation consists of three chapters covering mutual fund terminations, survivorship bias, and...
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is...
Abstract We examine the relation between mutual fund performance and gross flows for a large sample ...
The paper provides a critical review of empirical findings on the performance of mutual funds, mainl...
This paper investigates the reasons for the lack of long-term persistence in the investment performa...
We use a new dataset to study how mutual fund flows depend on past performance across 28 countries. ...
The paper provides a critical review of empirical findings on the performance of mutual funds, mainl...
I study various aspects of mutual funds in my thesis. These are divided over four chapters. The fir...
We use a new data set to study the determinants of the performance of open–end actively managed equi...
We investigate whether fund flows eliminate future abnormal performance and persistence as in Berk a...
We use a new data set to study the determinants of the performance of open–end actively managed equi...
We study the performance reaction of investors in a specific small market context. Our sample includ...
This paper studies the relation between mutual fund flows and a range of fund characteristics, with ...
Most empirical studies suggest that mutual funds do not persistently outperform an appropriate bench...
We explain the lack of long-term performance persistence by actively managed U.S. equitymutual funds...
My dissertation consists of three chapters covering mutual fund terminations, survivorship bias, and...
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is...