Unobserved Actions of Mutual Funds
收藏数据链接:
官方服务:
资源简介:
Despite extensive disclosure requirements, mutual fund investors do not observe all actions of fund managers. We estimate the impact of unobserved actions on fund returns using the return gap, which is defined as the difference between the reported fund return and the return of a portfolio that
提供机构:
美国国家经济研究局创建时间:
2005-11-01



