An empirical study of the tails of mutual fund size

The mutual fund industry manages about a quarter of the assets in the U.S. stock market and thus plays an important role in the U.S. economy. The question of how much control is concentrated in the hands of the largest players is best quantitatively discussed in terms of the tail behavior of the mut...

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Bibliographic Details
Main Authors: Schwarzkopf, Y, Farmer, J
Format: Journal article
Published: 2010