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This article reports a study on the performance of mutual equity funds in Brazil from January 2002 to August 2012. For the analyses, Carhart's four-factor model is used as the benchmark for performance, and bootstrap procedures are applied to separate skill from luck. The results show that...
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This article reports a study on the performance of mutual equity funds in Brazil from January 2002 to August 2012. For the analyses, Carhart's four-factor model is used as the benchmark for performance, and bootstrap procedures are applied to separate skill from luck. The results show that...
Persistent link: https://www.econbiz.de/10011159170
O estudo de caso apresentado a seguir foi realizado junto a uma firma do setor metal-mecânico brasileiro que se utiliza de um processo produtivo mais continuo que todos os outros estudos de caso apresentados pela equipe brasileira dentro da segunda etapa do projeto BID/CEPAL/PNUD/CIID em...
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