Journal article icon

Journal article

Empirical study of the tails of mutual fund size.

Abstract:

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 mutual fund size distribution. We study the distribution empirically and show that the tail is much better described by a log-normal than a power law, indicating less concentration than, for example, ...

Expand abstract
Publication status:
Published

Actions


Access Document


Publisher copy:
10.1103/physreve.81.066113

Authors


More by this author
Institution:
University of Oxford
Division:
MPLS
Department:
Mathematical Institute
Role:
Author
Journal:
Physical review. E, Statistical, nonlinear, and soft matter physics
Volume:
81
Issue:
6 Pt 2
Pages:
066113
Publication date:
2010-06-01
DOI:
EISSN:
1550-2376
ISSN:
1539-3755
Source identifiers:
388913
Language:
English
Pubs id:
pubs:388913
UUID:
uuid:ed0a94cb-c2d3-461a-9710-7a92dda00d12
Local pid:
pubs:388913
Deposit date:
2013-11-16

Terms of use


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP