This paper provides a quantitative perspective on Gene Fama's influence on the scholarly community. He has more than 140,000 Google cites while the median number of citations for the Fellows of the American Finance Association is 32,792. Gene Fama has published highly-cited papers in six...

This paper uses the information in time-series behavior of conditional correlation between Fama-French factor portfolios and state variables that define the investment opportunity set, vis-a-vis the contemporaneous phase of the business cycle and/or the expectations about the near term business...

We study managerial turnover for both internally managed mutual funds and those managed externally by subadvisors. We argue that turnover of subadvisors provides sharper tests of any underlying board and sponsor monitoring because these data are heavily weighted toward involuntary turnover. We...