Details about Clemens Sialm

Access statistics for papers by Clemens Sialm.

Last updated 2022-12-07. Update your information in the RePEc Author Service.

Short-id: psi59

Working Papers

2022

1. Mutual Fund Revenue Sharing in 401(k) Plans
   NBER Working Papers, National Bureau of Economic Research, Inc
2. Non-Fundamental Flows and Foreign Exchange Rates
   NBER Working Papers, National Bureau of Economic Research, Inc

2021

3. Currency Management by International Fixed Income Mutual Funds
   NBER Working Papers, National Bureau of Economic Research, Inc
4. Replicating the Dow Jones Industrial Average
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
5. The Effect of Principal Reduction on Household Distress: Evidence from Mortgage Cramdown
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2020

6. How Global is Your Mutual Fund? International Diversification from Multinationals
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Journal Article in Review of Financial Studies (2022)
7. Out of Sight No More? The Effect of Fee Disclosures on 401(k) Investment Allocations
   Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (1)
   See also Journal Article in Journal of Financial Economics (2021)

2019

8. Institutional Trading Around M&A Announcements
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2017

9. Government Debt and Corporate Leverage: International Evidence
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   See also Journal Article in Journal of Financial Economics (2019)

2016

10. Coordinated Noise Trading: Evidence from Pension Fund Reallocations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2015

11. Are 401(k) Investment Menus Set Solely for Plan Participants?
    Issues in Brief, Center for Retirement Research
12. Tax-Efficient Asset Management: Evidence from Equity Mutual Funds
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Journal of Finance (2020)

2014

13. Defined Contribution Pension Plans: Sticky or Discerning Money?
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (3)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (2)
    See also Journal Article in Journal of Finance (2015)
14. It Pays to Set the Menu: Mutual Fund Investment Options in 401(k) Plans
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (2)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2014) View citations (1)
    See also Journal Article in Journal of Finance (2016)

2013

15. Home Bias and Local Contagion: Evidence from Funds of Hedge Funds
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Review of Financial Studies (2020)

2011

16. Complex Mortgages
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2010) View citations (3)
17. Spillover Effects in Mutual Fund Companies
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Management Science (2016)

2009

18. Mutual Fund Tax Clienteles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article in Journal of Finance (2012)
19. Risk Shifting and Mutual Fund Performance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Journal Article in Review of Financial Studies (2011)

2006

20. Investment Taxes and Equity Returns
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
21. The Tradeoff Between Mortgage Prepayments and Tax-Deferred Retirement Savings
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2006) View citations (1)
    See also Journal Article in Journal of Public Economics (2007)
    Chapter (2007)

2005

22. Tax Changes and Asset Pricing: Time-Series Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
23. Unobserved Actions of Mutual Funds
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Review of Financial Studies (2008)

2004

24. On the Industry Concentration of Actively Managed Equity Mutual Funds
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article in Journal of Finance (2005)
25. PIPE Dreams? The Performance of Companies Issuing Equity Privately
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
26. Portfolio Concentration and the Performance of Individual Investors
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
    See also Journal Article in Journal of Financial and Quantitative Analysis (2008)

2002

27. Stochastic Taxation and Asset Pricing in Dynamic General Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    See also Journal Article in Journal of Economic Dynamics and Control (2006)

2000

28. Asset Location for Retirement Savers
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
29. Tax Externalities of Equity Mutual Funds
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    See also Journal Article in National Tax Journal (2000)

1999

30. Asset Location in Tax-Deferred and Conventional Savings Accounts
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article in Journal of Public Economics (2004)

Journal Articles

2022

1. How Global Is Your Mutual Fund? International Diversification from Multinationals
   (Information costs and home bias: An analysis of US holdings of foreign equities)
   Review of Financial Studies, 2022, 35, (7), 3337-3372 View citations (1)
   See also Working Paper (2020)

2021

2. Out of sight no more? The effect of fee disclosures on 401(k) investment allocations
   Journal of Financial Economics, 2021, 141, (2), 644-668 View citations (1)
   See also Working Paper (2020)

2020

3. Home Bias and Local Contagion: Evidence from Funds of Hedge Funds
   Review of Financial Studies, 2020, 33, (10), 4771-4810 View citations (4)
   See also Working Paper (2013)
4. Tax‐Efficient Asset Management: Evidence from Equity Mutual Funds
   Journal of Finance, 2020, 75, (2), 735-777 View citations (3)
   See also Working Paper (2015)

2019

5. Government debt and corporate leverage: International evidence
   Journal of Financial Economics, 2019, 133, (2), 337-356 View citations (25)
   See also Working Paper (2017)

2018

6. Destabilizing Financial Advice: Evidence from Pension Fund Reallocations
   Review of Financial Studies, 2018, 31, (10), 3720-3755 View citations (11)

2016

7. It Pays to Set the Menu: Mutual Fund Investment Options in 401(k) Plans
   Journal of Finance, 2016, 71, (4), 1779-1812 View citations (25)
   See also Working Paper (2014)
8. Spillover Effects in Mutual Fund Companies
   Management Science, 2016, 62, (5), 1472-1486 View citations (18)
   See also Working Paper (2011)

2015

9. Defined Contribution Pension Plans: Mutual Fund Asset Allocation Changes
   American Economic Review, 2015, 105, (5), 432-36 View citations (20)
10. Defined Contribution Pension Plans: Sticky or Discerning Money?
    Journal of Finance, 2015, 70, (2), 805-838 View citations (44)
    See also Working Paper (2014)

2012

11. Mutual Fund Tax Clienteles
    Journal of Finance, 2012, 67, (4), 1397-1422 View citations (49)
    See also Working Paper (2009)

2011

12. Risk Shifting and Mutual Fund Performance
    Review of Financial Studies, 2011, 24, (8), 2575-2616 View citations (125)
    See also Working Paper (2009)

2009

13. Hedge Funds as Investors of Last Resort?
    Review of Financial Studies, 2009, 22, (2), 541-574 View citations (70)
14. Tax Changes and Asset Pricing
    American Economic Review, 2009, 99, (4), 1356-83 View citations (70)

2008

15. Portfolio Concentration and the Performance of Individual Investors
    Journal of Financial and Quantitative Analysis, 2008, 43, (3), 613-655 View citations (99)
    See also Working Paper (2004)
16. Unobserved Actions of Mutual Funds
    Review of Financial Studies, 2008, 21, (6), 2379-2416 View citations (193)
    See also Working Paper (2005)

2007

17. The tradeoff between mortgage prepayments and tax-deferred retirement savings
    Journal of Public Economics, 2007, 91, (10), 2014-2040 View citations (29)
    See also Chapter (2007)
    Working Paper (2006)

2006

18. Stochastic taxation and asset pricing in dynamic general equilibrium
    Journal of Economic Dynamics and Control, 2006, 30, (3), 511-540 View citations (32)
    See also Working Paper (2002)

2005

19. On the Industry Concentration of Actively Managed Equity Mutual Funds
    Journal of Finance, 2005, 60, (4), 1983-2011 View citations (320)
    See also Working Paper (2004)

2004

20. Asset location in tax-deferred and conventional savings accounts
    Journal of Public Economics, 2004, 88, (1-2), 23-38 View citations (25)
    See also Working Paper (1999)

2000

21. Tax Externalities of Equity Mutual Funds
    National Tax Journal, 2000, 53, (3), 607-28 View citations (23)
    See also Working Paper (2000)

Chapters

2007

1. The Tradeoff between Mortgage Prepayments and Tax-deferred Retirement Savings
   A chapter in Public Policy and Retirement, Trans-Atlantic Public Economics Seminar (TAPES), 2007, pp 2014-2040 View citations (28)
   See also Journal Article in Journal of Public Economics (2007)
   Working Paper (2006)