Showing 1 - 10 of 3,218
withdrew money one month prior to the events. Thedegree of herding among funds is statistically significant, but moderate.Herding …
Persistent link: https://www.econbiz.de/10011400340
Persistent link: https://www.econbiz.de/10011480515
This paper studies the effect of new fund flows on investment behavior and the resulting equilibrium price of risk. The Small Fund Industry model shows equilibria with overinvestment in unprofitable and underinvestment in profitable investment opportunities. The Large Fund Industry model derives...
Persistent link: https://www.econbiz.de/10011389297
Persistent link: https://www.econbiz.de/10012649853
Persistent link: https://www.econbiz.de/10012180459
Persistent link: https://www.econbiz.de/10014325384
Persistent link: https://www.econbiz.de/10012038365
Persistent link: https://www.econbiz.de/10014247871
Persistent link: https://www.econbiz.de/10011550162
Persistent link: https://www.econbiz.de/10011452388