Who creates and who bears flow externalities in mutual funds?
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- Dekker, Lennart & Molestina Vivar, Luis & Weistroffer, Christian, 2024. "Passing on the hot potato: the use of ETFs by open-ended funds to manage redemption requests," Working Paper Series 2963, European Central Bank.
- Allaire, Nolwenn & Breckenfelder, Johannes & Hoerova, Marie, 2023. "Fund fragility: the role of investor base," Working Paper Series 2874, European Central Bank.
- Milan Szabo, 2023. "Cyclical Investment Behavior of Investment Funds: Its Heterogeneity and Drivers," Working Papers 2023/5, Czech National Bank.
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More about this item
Keywords
asset management; mutual funds; externalities; contagion; performance;All these keywords.
JEL classification:
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EEC-2022-12-05 (European Economics)
- NEP-FMK-2022-12-05 (Financial Markets)
- NEP-IFN-2022-12-05 (International Finance)
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