Hedge Fund Leverage

293 citations recorded by the source corpus.

Subfields: Finance

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

A Macroeconomic Framework for Quantifying Systemic Risk (2019, unknown): “Given prices, the decisions are optimally chosen, as described by (3), (7), (8) and (12).”
Intermediary Asset Pricing (2013, unknown): “If we instead held market value Ang, Gorovyy, and van Inwegen ( 2011 ) show that if one uses market value of equity in computations, then leverage of the broker dealer sector rises during the 2008 crisis.”
Intermediary Asset Pricing: New Evidence from Many Asset Classes (2017, background): “He et al. (2010) and Ang et al. (2011) describe one example that supports this view.”
Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Expensive (2013, background): “Ang, Gorovyy, and Inwegen (2011) study hedge fund leverage and show that it has generally been modest, and even through the recent financial crisis.”
The Growth and Limits of Arbitrage: Evidence from Short Interest (2014, background): “5 This is arguably counterfactual: work on the low- anomaly, including Black (1973), Ang et al. (2006), Baker and Wurgler (2006), Frazzini and Pedersen (2011), Hong and Sraer (2012), and many others, suggests that low- stocks have high s and that high- stocks have low s, that is, that the secur”