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This paper examines the puzzlingly high unexploited momentum returns from a new perspective. We analyze characteristics of momentum traders in a sample of 692 fund managers. We find that momentum traders are 'defined' by their short-term horizon, by a behavioural view on the market and by a...
Persistent link: https://www.econbiz.de/10010270394
Recent research reveals that hedge fund returns exhibit a range of different,possibly non-linear pay-off patterns. It is difficult to qualify all these patternssimultaneously as being rational in a traditional framework for optimal financial decisionmaking. In this paper we present a simple...
Persistent link: https://www.econbiz.de/10010324945
The fast growing EU market for investment funds is still characterised by a continuing relevance of national borders. This papers assesses this market?s degree of integration, the potential benefits from more integration and the obstacles to cross-border sales of funds. The analysis shows that...
Persistent link: https://www.econbiz.de/10010298094
The question that this paper addresses is whether or not parents are altruistic towards their children. A new approach will be introduced, where the life satisfaction data of parents will be regressed onto the living conditions of their children who now live independently. After controlling for...
Persistent link: https://www.econbiz.de/10010261955
This paper maps key indicators of household structure across all countries for all countries of the expanded European Union except Malta. As well as presenting statistics which take the entire household as the unit of analysis, we also focus on groups which are particularly interesting in terms...
Persistent link: https://www.econbiz.de/10010288903
We construct linked register data on five Norwegian birth cohorts, covering: criminal charges after age 15; family … disruptive family events including divorce or maternal death during childhood. There is a relationship between continuity of … associated with reduced risk after allowing for family history and circumstances. …
Persistent link: https://www.econbiz.de/10010288977
Persistent link: https://www.econbiz.de/10011696450
account of welfare and family policies, or in the expression of and actual compliance with egalitarian norms. The study of …
Persistent link: https://www.econbiz.de/10012237212
die Entwicklung prägende Interaktionen abspielen: Familie, Schule, Wohnumgebung. Die gleichzeitige Untersuchung … well-being and the influence by the socio-spatial contexts: family, school and living environment. A simultaneous testing …
Persistent link: https://www.econbiz.de/10012290446
more recent origins through family lines. We use a journalistic rich list published by the manager magazin in 2019, which …
Persistent link: https://www.econbiz.de/10014309887