Matches in SemOpenAlex for { <https://semopenalex.org/work/W3125181431> ?p ?o ?g. }
- W3125181431 endingPage "1929" @default.
- W3125181431 startingPage "1896" @default.
- W3125181431 abstract "What economic forces limit mutual fund managers from generating consistent outperformance? We propose and test the hypothesis that buy-side competition from other funds matters. We make three contributions. First, we propose new style-based spatial methods to identify the customized rivals of each fund. Second, we construct dynamic, fund-specific measures of competition and generate measures of skill as a fund’s outperformance relative to its customized peers. Third, and finally, we show that funds outperforming their customized rivals generate future alpha when they face less competition. These results are economically significant and last for over four quarters. Received September 11, 2016; editorial decision September 26, 2017 by Editor Itay Goldstein. Authors have furnished an Internet Appendix, which is available on the Oxford University PressWeb site next to the link to the final published paper online." @default.
- W3125181431 created "2021-02-01" @default.
- W3125181431 creator A5057094747 @default.
- W3125181431 creator A5066037212 @default.
- W3125181431 creator A5069698727 @default.
- W3125181431 date "2017-11-06" @default.
- W3125181431 modified "2023-10-12" @default.
- W3125181431 title "Mutual Fund Competition, Managerial Skill, and Alpha Persistence" @default.
- W3125181431 cites W1724023967 @default.
- W3125181431 cites W1904411457 @default.
- W3125181431 cites W1988756976 @default.
- W3125181431 cites W1991675125 @default.
- W3125181431 cites W1995834279 @default.
- W3125181431 cites W2012301648 @default.
- W3125181431 cites W2032504722 @default.
- W3125181431 cites W2061408102 @default.
- W3125181431 cites W2068046750 @default.
- W3125181431 cites W2070485212 @default.
- W3125181431 cites W2076237435 @default.
- W3125181431 cites W2101597283 @default.
- W3125181431 cites W2106596454 @default.
- W3125181431 cites W2112341467 @default.
- W3125181431 cites W2117178635 @default.
- W3125181431 cites W2122733781 @default.
- W3125181431 cites W2136120210 @default.
- W3125181431 cites W2143173505 @default.
- W3125181431 cites W2151353604 @default.
- W3125181431 cites W2163369381 @default.
- W3125181431 cites W2169645335 @default.
- W3125181431 cites W2265476021 @default.
- W3125181431 cites W2315373772 @default.
- W3125181431 cites W2336095952 @default.
- W3125181431 cites W2615014415 @default.
- W3125181431 cites W2738776643 @default.
- W3125181431 cites W2889818675 @default.
- W3125181431 cites W3020956865 @default.
- W3125181431 cites W3021143228 @default.
- W3125181431 cites W3021190191 @default.
- W3125181431 cites W3022326679 @default.
- W3125181431 cites W3121175634 @default.
- W3125181431 cites W3121296511 @default.
- W3125181431 cites W3121317163 @default.
- W3125181431 cites W3121333276 @default.
- W3125181431 cites W3121661561 @default.
- W3125181431 cites W3121683563 @default.
- W3125181431 cites W3121892205 @default.
- W3125181431 cites W3121955446 @default.
- W3125181431 cites W3122109202 @default.
- W3125181431 cites W3122187992 @default.
- W3125181431 cites W3122369967 @default.
- W3125181431 cites W3122486806 @default.
- W3125181431 cites W3122675873 @default.
- W3125181431 cites W3122879148 @default.
- W3125181431 cites W3123099641 @default.
- W3125181431 cites W3123123374 @default.
- W3125181431 cites W3123151477 @default.
- W3125181431 cites W3123700708 @default.
- W3125181431 cites W3123891069 @default.
- W3125181431 cites W3124003707 @default.
- W3125181431 cites W3124249775 @default.
- W3125181431 cites W3124358014 @default.
- W3125181431 cites W3124431622 @default.
- W3125181431 cites W3125496416 @default.
- W3125181431 cites W3125631683 @default.
- W3125181431 cites W3125681532 @default.
- W3125181431 cites W3125766909 @default.
- W3125181431 cites W3125879691 @default.
- W3125181431 cites W3126094216 @default.
- W3125181431 cites W4240491954 @default.
- W3125181431 doi "https://doi.org/10.1093/rfs/hhx127" @default.
- W3125181431 hasPublicationYear "2017" @default.
- W3125181431 type Work @default.
- W3125181431 sameAs 3125181431 @default.
- W3125181431 citedByCount "90" @default.
- W3125181431 countsByYear W31251814312012 @default.
- W3125181431 countsByYear W31251814312016 @default.
- W3125181431 countsByYear W31251814312017 @default.
- W3125181431 countsByYear W31251814312018 @default.
- W3125181431 countsByYear W31251814312019 @default.
- W3125181431 countsByYear W31251814312020 @default.
- W3125181431 countsByYear W31251814312021 @default.
- W3125181431 countsByYear W31251814312022 @default.
- W3125181431 countsByYear W31251814312023 @default.
- W3125181431 crossrefType "journal-article" @default.
- W3125181431 hasAuthorship W3125181431A5057094747 @default.
- W3125181431 hasAuthorship W3125181431A5066037212 @default.
- W3125181431 hasAuthorship W3125181431A5069698727 @default.
- W3125181431 hasConcept C10138342 @default.
- W3125181431 hasConcept C11393971 @default.
- W3125181431 hasConcept C127413603 @default.
- W3125181431 hasConcept C144133560 @default.
- W3125181431 hasConcept C151730666 @default.
- W3125181431 hasConcept C155301685 @default.
- W3125181431 hasConcept C162324750 @default.
- W3125181431 hasConcept C162853370 @default.
- W3125181431 hasConcept C175444787 @default.
- W3125181431 hasConcept C17738144 @default.
- W3125181431 hasConcept C187320778 @default.