Droms, William; Walker, David - In: Journal of Economics and Finance 30 (2006) 3, pp. 347-355
The “winner-winner, winner-loser, gone” methodology allows tests for short-term performance persistence for government and corporate fixed income mutual funds from 1990 to 1999. Persistence occurs when “winner” (loser) funds remain “winner” (loser) funds. If intermediate-term...