{"id":"https://openalex.org/W2061978002","doi":"https://doi.org/10.1016/j.jfineco.2007.07.001","title":"Dumb money: Mutual fund flows and the cross-section of stock returns","display_name":"Dumb money: Mutual fund flows and the cross-section of stock returns","publication_year":2008,"publication_date":"2008-02-25","ids":{"openalex":"https://openalex.org/W2061978002","doi":"https://doi.org/10.1016/j.jfineco.2007.07.001","mag":"2061978002"},"language":"en","primary_location":{"id":"doi:10.1016/j.jfineco.2007.07.001","doi":"https://doi.org/10.1016/j.jfineco.2007.07.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jfineco.2007.07.001","pdf_url":null,"source":{"id":"https://openalex.org/S149240962","display_name":"Journal of Financial Economics","issn_l":"0304-405X","issn":["0304-405X","1879-2774"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5060724998","display_name":"Andrea Frazzini","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I40347166","display_name":"University of Chicago","ror":"https://ror.org/024mw5h28","country_code":"US","type":"education","lineage":["https://openalex.org/I40347166"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Andrea Frazzini","raw_affiliation_strings":["University of Chicago, Graduate School of Business, 5807 South Woodlawn Avenue, Chicago, IL 60637, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Chicago, Graduate School of Business, 5807 South Woodlawn Avenue, Chicago, IL 60637, USA","institution_ids":["https://openalex.org/I40347166"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5049129463","display_name":"Owen A Lamont","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I32971472","display_name":"Yale University","ror":"https://ror.org/03v76x132","country_code":"US","type":"education","lineage":["https://openalex.org/I32971472"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Owen A. Lamont","raw_affiliation_strings":["Yale School of Management, 135 Prospect Street, New Haven, CT 06520, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Yale School of Management, 135 Prospect Street, New Haven, CT 06520, USA","institution_ids":["https://openalex.org/I32971472"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5060724998"],"corresponding_institution_ids":["https://openalex.org/I40347166"],"apc_list":{"value":4740,"currency":"USD","value_usd":4740},"apc_paid":null,"fwci":64.0664,"has_fulltext":false,"cited_by_count":882,"citation_normalized_percentile":{"value":0.99860778,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":99,"max":100},"biblio":{"volume":"88","issue":"2","first_page":"299","last_page":"322"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mutual-fund-flows","display_name":"mutual fund flows","score":0.9869999885559082},{"id":"https://openalex.org/keywords/investor-sentiment","display_name":"investor sentiment","score":0.7390000224113464},{"id":"https://openalex.org/keywords/individual-investors","display_name":"retail investors","score":0.7710000276565552},{"id":"https://openalex.org/keywords/cross-section-of-stock-returns","display_name":"cross-section of stock returns","score":0.9750000238418579},{"id":"https://openalex.org/keywords/value-effect","display_name":"value effect","score":0.7760000228881836},{"id":"https://openalex.org/keywords/growth-stocks","display_name":"growth stocks","score":0.9599999785423279},{"id":"https://openalex.org/keywords/individual-investor-behavior","display_name":"individual investor behavior","score":0.5249999761581421}],"concepts":[{"id":"https://openalex.org/C2777064782","wikidata":"https://www.wikidata.org/wiki/Q791974","display_name":"Mutual fund","level":2,"score":0.7141170501708984},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.593040406703949},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5687505602836609},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5170224905014038},{"id":"https://openalex.org/C143591128","wikidata":"https://www.wikidata.org/wiki/Q1746791","display_name":"Growth stock","level":5,"score":0.45215627551078796},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.44473668932914734},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.33535659313201904},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.30953407287597656},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.1155335009098053},{"id":"https://openalex.org/C18991353","wikidata":"https://www.wikidata.org/wiki/Q1137319","display_name":"Market maker","level":4,"score":0.08386385440826416},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.jfineco.2007.07.001","doi":"https://doi.org/10.1016/j.jfineco.2007.07.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jfineco.2007.07.001","pdf_url":null,"source":{"id":"https://openalex.org/S149240962","display_name":"Journal of Financial Economics","issn_l":"0304-405X","issn":["0304-405X","1879-2774"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Financial Economics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/8","score":0.4000000059604645,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":55,"referenced_works":["https://openalex.org/W1556651408","https://openalex.org/W1713819414","https://openalex.org/W1871284401","https://openalex.org/W1947013117","https://openalex.org/W1964928758","https://openalex.org/W1981282589","https://openalex.org/W1995834279","https://openalex.org/W2002582343","https://openalex.org/W2013787340","https://openalex.org/W2032947759","https://openalex.org/W2033772453","https://openalex.org/W2037934447","https://openalex.org/W2042651651","https://openalex.org/W2047134779","https://openalex.org/W2055337889","https://openalex.org/W2096720942","https://openalex.org/W2101346776","https://openalex.org/W2104795328","https://openalex.org/W2104796460","https://openalex.org/W2108421949","https://openalex.org/W2125520394","https://openalex.org/W2143173505","https://openalex.org/W2144487825","https://openalex.org/W2147429759","https://openalex.org/W2148402268","https://openalex.org/W2153956119","https://openalex.org/W2165723500","https://openalex.org/W2169645335","https://openalex.org/W2169786125","https://openalex.org/W2171168084","https://openalex.org/W3020956865","https://openalex.org/W3022353042","https://openalex.org/W3121467893","https://openalex.org/W3121515669","https://openalex.org/W3121685847","https://openalex.org/W3122109202","https://openalex.org/W3122260906","https://openalex.org/W3122843332","https://openalex.org/W3122890729","https://openalex.org/W3122935760","https://openalex.org/W3122961947","https://openalex.org/W3123142049","https://openalex.org/W3123728483","https://openalex.org/W3123787221","https://openalex.org/W3124158334","https://openalex.org/W3124244954","https://openalex.org/W3124277734","https://openalex.org/W3124457060","https://openalex.org/W3125146640","https://openalex.org/W3126001324","https://openalex.org/W3126080930","https://openalex.org/W4242545938","https://openalex.org/W4251104856","https://openalex.org/W4254814954","https://openalex.org/W4255314762"],"related_works":["https://openalex.org/W7217375385","https://openalex.org/W2939958861","https://openalex.org/W3121170565","https://openalex.org/W7098159890","https://openalex.org/W2341835337","https://openalex.org/W3096491452","https://openalex.org/W2105861605","https://openalex.org/W7063535992","https://openalex.org/W4404443891","https://openalex.org/W4404136338"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":41},{"year":2025,"cited_by_count":48},{"year":2024,"cited_by_count":51},{"year":2023,"cited_by_count":54},{"year":2022,"cited_by_count":59},{"year":2021,"cited_by_count":63},{"year":2020,"cited_by_count":44},{"year":2019,"cited_by_count":45},{"year":2018,"cited_by_count":47},{"year":2017,"cited_by_count":51},{"year":2016,"cited_by_count":55},{"year":2015,"cited_by_count":56},{"year":2014,"cited_by_count":45},{"year":2013,"cited_by_count":44},{"year":2012,"cited_by_count":56}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}