Paying for Performance in Public Pension Plans
References
- (2012) Determinants and implications of fee changes in the hedge fund industry. Working paper, Georgia State University, Altanta.Google Scholar
- (2009) Role of managerial incentives and discretion in hedge fund performance. J. Finance 64(5):2221–2256.Crossref, Google Scholar
- (2012) Does systemic risk in the financial sector predict future economic downturns? Rev. Financial Stud. 25(10):3000–3036.Crossref, Google Scholar
- (2017) Do higher government wages induce less corruption? Cross-country panel evidence. J. Policy Model. 39(5):809–826.Crossref, Google Scholar
- (2017) Pension fund asset allocation and liability discount rates. Rev. Financial Stud. 30(8):2555–2595.Crossref, Google Scholar
- (2018) Political representation and governance: Evidence from the investment decisions of public pension funds. J. Finance 73(5):2041–2086.Crossref, Google Scholar
- (2016) Measuring economic policy uncertainty. Quart. J. Econom. 131(4):1593–1636.Crossref, Google Scholar
- (2014) Macroeconomic risk and hedge fund returns. J. Financial Econom. 114(1):1–19.Crossref, Google Scholar
- (2011) Maxing out: Stocks as lotteries and the cross-section of expected returns. J. Financial Econom. 99(2):427–446.Crossref, Google Scholar
- (2000) Trading is hazardous to your wealth: The common stock investment performance of individual investors. J. Finance 55(2):773–806.Crossref, Google Scholar
- (2001) Boys will be boys: Gender, overconfidence, and common stock investment. Quart. J. Econom. 116(1):261–292.Crossref, Google Scholar
- (2003) Intrinsic and extrinsic motivation. Rev. Econom. Stud. 70(3):489–520.Crossref, Google Scholar
- (2020) Does chief investment officer pay reflect performance? Evidence from nonprofits. Working paper, University of Missouri, Columbia, MO.Google Scholar
- (2016) The influence of political bias in state pension. J. Financial Econom. 119(1):69–91.Crossref, Google Scholar
- (2015) The in-state equity bias of state pension plans. NBER Working Paper No. 21020, National Bureau of Economic Research, Cambridge, MA.Google Scholar
- (1999) Are some mutual fund managers better than others? Cross-sectional patterns in behavior and performance. J. Finance 54(3):875–899.Crossref, Google Scholar
- (2009) CEO compensation and board structure. J. Finance 64(1):231–262.Crossref, Google Scholar
- (2009) City size and fund performance. J. Financial Econom. 92(2):252–275.Crossref, Google Scholar
- (2016) Measuring public corruption in the United States: Evidence from administrative records of federal prosecutions. Public Integrity 18(2):127–148.Crossref, Google Scholar
- (2003) Public funds and private capital markets: The investment practices and performance of state and local pension funds. National Tax J. 56(3):579–594.Crossref, Google Scholar
- (2013) Strengthening state capabilities: The role of financial incentives in the call to public service. Quart. J. Econom. 128(3):1169–1218.Crossref, Google Scholar
- (2020) Short- and long-horizon behavioral factors. Rev. Financial Stud. 33(4):1673–1736.Crossref, Google Scholar
- (1971) The effects of externally mediated rewards on intrinsic motivation. J. Personality Soc. Psych. 18(1):105–115.Crossref, Google Scholar
- (2012) The dynamics of hedge fund fees. Working paper, University of Illinois, Champaign, IL.Google Scholar
- (2011) Is bigger better? Size and performance in pension plan management. Working paper, University of Toronto, Toronto.Google Scholar
- (2021) Outraged by compensation: Implications for public pension performance. Rev. Financial Stud. 35(6):2928–2980.Crossref, Google Scholar
- (2020) Institutional investment strategy and manager choice: A critique. J. Portfolio Management 46(5):104–117.Crossref, Google Scholar
- (2008) Why has CEO pay increased so much. Quart. J. Econom. 123(1):49–100.Crossref, Google Scholar
- (1962) The influence of strength of drive on functional fixedness and perceptual recognition. J. Experiment. Psych. 63(1):36–41.Crossref, Google Scholar
- (2012) CEO compensation and board structure revisited. J. Finance 67(3):1149–1168.Crossref, Google Scholar
- (2013) Local overweighting and underperformance: Evidence from limited partner private equity investments. Rev. Financial Stud. 26(2):403–451.Crossref, Google Scholar
- (2000) Does asset allocation policy explain 40, 90 or 100 percent of performance? Financial Anal. J. 56(1):26–33.Crossref, Google Scholar
- (2018) Are mutual fund managers paid for investment skill? Rev. Financial Stud. 31(2):715–772.Crossref, Google Scholar
- (2001) Performance changes following top management turnover: Evidence from open-end mutual funds. J. Financial Quant. Anal. 36(3):371–393.Crossref, Google Scholar
- (2009) Who gambles in the stock market? J. Finance 64(4):1889–1933.Crossref, Google Scholar
- (2011) Inheriting losers. Rev. Financial Stud. 24(3):786–820.Crossref, Google Scholar
- (2016) Indirect incentives of hedge fund managers. J. Finance 71(2):871–918.Crossref, Google Scholar
- (2019) Portfolio manager compensation in the U.S. mutual fund industry. J. Finance 74(2):587–638.Crossref, Google Scholar
- (2013) Executive compensation: Where we are, and how we got there. Handbook of the Economics of Finance, vol. 2, 211–356.Google Scholar
- (2009) The liabilities and risks of state-sponsored pension plans. J. Econom. Perspect. 23(4):191–210.Crossref, Google Scholar
- (2011) Public pension promises: How big are they and what are they worth? J. Finance 66(4):1211–1249.Crossref, Google Scholar
- (1998) Are investors reluctant to realize their losses? J. Finance 53(5):1775–1798.Crossref, Google Scholar
- (2012) First year in office: How do new CEOs create value? Working paper, University of Utah, Salt Lake City.Google Scholar
- (2009) Drive: The Surprising Truth About What Motivates Us (Riverhead Hardcover, New York).Google Scholar
- (2015) Arbitrage asymmetry and the idiosyncratic volatility puzzle. J. Finance 70(5):1903–1948.Crossref, Google Scholar
- (2001) Bureaucratic corruption and the rate of temptation: Do wages in the civil service affect corruption, and by how much? J. Development Econom. 65(2):307–331.Crossref, Google Scholar
- (2016) The optimal size of hedge funds: Conflict between investors and fund managers. J. Finance 71(4):1857–1894.Crossref, Google Scholar

