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incentives to learn efficient behavior, i.e. fund managers. We split this group into endorsers and non-endorsers of behavioral …, even though endorsers otherwise do adapt behavior to their endorsement. -- behavioral finance ; fund managers ; biases …
Persistent link: https://www.econbiz.de/10003664931
This questionnaire survey of fund managers in the United States, Germany and Switzerland documents a distinctly … significantly related to higher working effort but not to risk taking. They also seem to induce fund managers to rely more on … fundamental information. Findings within regions are confirmed by Trans-Atlantic evidence as US fund managers receive larger …
Persistent link: https://www.econbiz.de/10003784035
evidence from 692 fund managers in five countries, the vast majority of whom rely on technical analysis. At a forecasting … psychological influences. Consequently, technicians apply trend-following behavior. -- fund managers ; technical analysis …
Persistent link: https://www.econbiz.de/10003961008
of momentum traders in a sample of 692 fund managers. We find that momentum traders are 'defined' by their short … managers with respect to sophistication. This is consistent with the interpretation that momentum returns may compensate for …
Persistent link: https://www.econbiz.de/10003966816
This questionnaire survey of fund managers in USA, Germany, and Switzerland documents a distinctly positive influence … to higher working effort but not to risk-taking. They also seem to induce fund managers to rely more on fundamental … information. Findings within regions are confirmed by Transatlantic evidence as US fund managers receive larger bonuses but also …
Persistent link: https://www.econbiz.de/10013149930
Der diesjährige Nobelpreis für Wirtschaftswissenschaften ist an drei Forscher "für ihre empirische Analyse von Vermögenspreisen" verliehen worden. Zwei der Laureaten haben ganz unterschiedliche Sichtweisen auf die Funktionsfähigkeit von Finanzmärkten: Während Fama die...
Persistent link: https://www.econbiz.de/10011418832
Der diesjährige Nobelpreis für Wirtschaftswissenschaften ist an drei Forscher "für ihre empirische Analyse von Vermögenspreisen" verliehen worden. Zwei der Laureaten haben ganz unterschiedliche Sichtweisen auf die Funktionsfähigkeit von Finanzmärkten: Während Fama die...
Persistent link: https://www.econbiz.de/10010228363
incentives to learn efficient behavior, i.e. fund managers. We split this group into endorsers and non-endorsers of behavioral …
Persistent link: https://www.econbiz.de/10010264942
This research uses macro factors to explain four standard U.S. stock market risk premia, i.e. the market excess return (RM-RF), size (SMB), value (HML), and momentum (WML). We find in-sample predictive power of macro factors, in particular at a one-year horizon. Differentiating between bull and...
Persistent link: https://www.econbiz.de/10010332629
This research uses macro factors to explain four standard U.S. stock market risk premia, i.e. the market excess return (RM-RF), size (SMB), value (HML), and momentum (WML). We find in-sample predictive power of macro factors, in particular at a one-year horizon. Differentiating between bull and...
Persistent link: https://www.econbiz.de/10010239724