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Winners and Losers -- 401(k) Trading and Portfolio Performance
Pension Research Council; registration required to download full text of paper Link to more items from this source
Oct. 20, 2006
Excerpt: Few previous studies have explored how individuals manage their defined contribution (DC) pension plan assets, though these plans constitute an increasingly important component of retirement wealth. Using a valuable new dataset on over one million active 401(k) plan participants in a wide range of plans, we assess the impact of trading on investment performance in DC plans.

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