Are Some Mutual Funds Managers Better Than Others? Cross-Sectional Patterns in Behavior and Performance
收藏NBER1996-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5852
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资源简介：
In this paper we explore cross-sectional differences in the behavior and performance of mutual fund managers. In our simplest regression of a fund's market excess return on characteristics of its manager we find that younger managers earn much higher returns than older managers and that managers who
提供机构：
美国国家经济研究局
创建时间：
1996-12-01
