It Pays to Set the Menu: Mutual Fund Investment Options in 401(k) Plans
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This paper investigates whether mutual fund families acting as trustees of 401(k) plans display favoritism toward their own funds. Using a hand-collected dataset on retirement investment options, we show that poorly-performing funds are less likely to be removed from and more likely to be added to a
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美国国家经济研究局创建时间：
2013-02-01
