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We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of … that avoid econometric biases are insignificant. We also find that the active management industry has become more skilled …
Persistent link: https://www.econbiz.de/10013006184
We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of … that avoid econometric biases are insignificant. We also find that the active management industry has become more skilled …
Persistent link: https://www.econbiz.de/10012856954
We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of … avoid econometric biases are insignificant. We also find that the active management industry has become more skilled over …
Persistent link: https://www.econbiz.de/10013059086
We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of … econometric biases are insignificant. We also find that the active management industry has become more skilled over time. This …
Persistent link: https://www.econbiz.de/10013059535
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Learning by doing matters for professional investors. We develop a new methodology to show that mutual fund managers … fund managers become more experienced, they pick better stocks, and their trades become better predictors for abnormal …
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