This volume addresses the attractiveness of financial centers with a primary focus on the mutual fund industry. It uses different empirical analysis approaches in an attempt to disentangle the reasons for location attractiveness and in order to identify its influence on fund pricing. The presented research tackles an issue that is fundamental to the understanding of organizational behavior in finance – the rationale in the decision-making process of market participants and its consequences for an economy.​

Purchase this volume at Springer-Verlag.

Lang, Gunnar (2014), Macro Attractiveness and Micro Decisions in the Mutual Fund Industry - An Empirical Analysis, ZEW Economic Studies, Vol. 47, Springer-Verlag GmbH, Heidelberg. Download


Lang, Gunnar


Financial Centers, Financial Crisis, Financial Market Integration, Location Decisions, Mutual Funds