What matters for financial development? Capital controls, institutions, and interactions
We investigate whether financial openness leads to financial development after controlling
for the level of legal development using a panel encompassing 108 countries over the …
for the level of legal development using a panel encompassing 108 countries over the …
Style investing
NC Barberis, A Shleifer - 2012 - direct.mit.edu
One of the clearest mechanisms of human thought is classification, the grouping of objects
into categories based on some similarity among them (Rosch and Lloyd 1978; Wilson and …
into categories based on some similarity among them (Rosch and Lloyd 1978; Wilson and …
Hedge funds and the technology bubble
M K. BRUNNERMEIER, S Nagel - The journal of Finance, 2004 - Wiley Online Library
This paper documents that hedge funds did not exert a correcting force on stock prices
during the technology bubble. Instead, they were heavily invested in technology stocks. This …
during the technology bubble. Instead, they were heavily invested in technology stocks. This …
An econometric model of serial correlation and illiquidity in hedge fund returns
M Getmansky, AW Lo, I Makarov - Journal of financial economics, 2004 - Elsevier
The returns to hedge funds and other alternative investments are often highly serially
correlated. In this paper, we explore several sources of such serial correlation and show that …
correlated. In this paper, we explore several sources of such serial correlation and show that …
[BOOK][B] Beyond varieties of capitalism: Conflict, contradictions, and complementarities in the European economy
B Hancké, M Rhodes, M Thatcher - 2007 - books.google.com
Since the early 1990s, Europe's economies have been facing several new challenges: the
1992 single market programme, the collapse of the Berlin wall and eastward enlargement …
1992 single market programme, the collapse of the Berlin wall and eastward enlargement …
Role of managerial incentives and discretion in hedge fund performance
Using a comprehensive hedge fund database, we examine the role of managerial incentives
and discretion in hedge fund performance. Hedge funds with greater managerial incentives …
and discretion in hedge fund performance. Hedge funds with greater managerial incentives …
Hedge funds: Performance, risk, and capital formation
W Fung, DA Hsieh, NY Naik… - The Journal of …, 2008 - Wiley Online Library
We use a comprehensive data set of funds‐of‐funds to investigate performance, risk, and
capital formation in the hedge fund industry from 1995 to 2004. While the average fund‐of …
capital formation in the hedge fund industry from 1995 to 2004. While the average fund‐of …
The economics and finance of hedge funds: A review of the academic literature
V Agarwal, KA Mullally, NY Naik - Foundations and Trends® …, 2015 - nowpublishers.com
Hedge funds have become increasingly important players in financial markets. This
heightened importance has spawned a large academic literature focused on issues …
heightened importance has spawned a large academic literature focused on issues …
Hedge funds: A dynamic industry in transition
M Getmansky, PA Lee, AW Lo - Annual Review of Financial …, 2015 - annualreviews.org
The hedge-fund industry has grown rapidly over the past two decades, offering investors
unique investment opportunities that often reflect more complex risk exposures than those of …
unique investment opportunities that often reflect more complex risk exposures than those of …
Hedge fund performance 1990–2000: Do the “money machines” really add value?
GS Amin, HM Kat - Journal of financial and quantitative analysis, 2003 - cambridge.org
We investigate the claim that hedge funds offer investors a superior risk-return tradeoff. We
do so using a continuous-time version of Dybvig's (1988a),(1988b) payoff distribution pricing …
do so using a continuous-time version of Dybvig's (1988a),(1988b) payoff distribution pricing …