• U.S. Mutual Fund Performance in Recessions and Expansions, 1977 to 2019. 

      Holtvedt, Thomas; Skogseid, Håkon Skogseid (Master thesis, 2019)
      Using a sample of 2680 U.S. actively managed open-end mutual funds in the period from January 1977 through December 2018, we investigate whether actively managed mutual funds are able to outperform a passive benchmark ...