Student or educator? Sign up with your school email and get 6 months of Pro free.
CoChat
Sign Up
Cited by 640

The DOI matches its Crossref record; 33 of the 33 references it cites were found in a registry or an index.

Career Concerns of Mutual Fund Managers

Open access
Chevalier, Judith, Ellison, Glenn·1998·National Bureau of Economic Research
DOI 10.3386/w6394
Open this paper in CoChat — free account

Abstract

We examine the labor market for mutual fund managers. Using data from 1992–1994, we find that termination is more performance-sensitive for younger managers. We identify possible implicit incentives created by the termination-performance relationship. The shape of the termination-performance relationship may give younger managers an incentive to avoid unsystematic risk. Direct effects of portfolio composition may also give younger managers an incentive to herd into popular sectors. Consistent with these incentives, we find that younger managers hold less unsystematic risk and have more conventional portfolios. Promotion incentives and market responses to managerial turnover are also studied.

Overview

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.3386/w6394

Cites

33 of 33 references verified0 citation errors · 0 not checkable

Statistics

Verification

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Citations

Cites

Show all 33 references

Cited by

See all 640

Metadata

Authors
Chevalier, J., & Ellison, G.
Venue
National Bureau of Economic Research
Publisher
National Bureau of Economic Research
Published
1998-02
DOI
10.3386/w6394
OpenAlex
W3023287100
Cited by
640
References
33
Type
report
Language
en
Open access
green

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

How to cite

Cite CoChat for the checks on this page, and the paper for its own findings.

This page
CoChat. (2026). Citation check: Career Concerns of Mutual Fund Managers. https://app.cochat.ai/papers/10.3386/w6394
The paper
Chevalier, J., & Ellison, G. (1998). Career Concerns of Mutual Fund Managers. National Bureau of Economic Research. https://doi.org/10.3386/w6394

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.