Du, Ding; Huang, Zhaodan; Blanchfield, Peter J. - In: The Quarterly Review of Economics and Finance 49 (2009) 2, pp. 378-397
Motivated by Berk and Green [Berk, J., & Green, R. (2004). Mutual fund flows and performance in rational markets. Journal of Political Economy, 112, 1269-1295] and Chevalier and Ellison [Chevalier, J., & Ellison, G. (1999). Career concerns of mutual fund managers. Quarterly Journal of Economics,...