Eliminating look-ahead bias in evaluating persistence in mutual fund performance

Sample Selection Bias as a Specification Error

James J. Heckman · Econometrica · 1979 · 28.4K citations

Econometric Model, Economics, Bias Detection +13

On Persistence in Mutual Fund Performance

Mark M. Carhart · The Journal of Finance · 1997 · 16.7K citations · Full text

Asset Allocation, Portfolio Management, Equity Portfolios +19

The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models

James J. Heckman · Annals of Economic and Social Measurement · 1976 · 5.1K citations

Econometric Model, Economics, Estimation Statistic +10

Costly Search and Mutual Fund Flows

Erik R. Sirri, Peter Tufano · The Journal of Finance · 1998 · 3.4K citations

Investment Strategy, Economics, Mutual Fund Flows +11

On Persistence in Mutual Fund Performance

Mark M. Carhart · The Journal of Finance · 1997 · 3.1K citations

Financial Economics, Asset Pricing, Equity Portfolios +14