Aizenman, Joshua; Jinjarak, Yothin; Zheng, Huanhuan - 2016
This study provides new evidence of systemic risk contribution in the international mutual fund sector from 2000 - 2011 …. The empirical analysis tracks the systemic risk of 10,570 mutual funds investing internationally. The main findings … suggest that the systemic risk contributions of international mutual funds are more than proportional given the fund's size …