kaal:claim:2348463-003

Hedge funds' distressed and default debt investments in the United States grew dramatically over two decades, rising from roughly $70 billion in 1998 to roughly $867 billion in 2007.

Source quote, verbatim

distressed and default debt investments in the United States have increased dramatically in the last two decades (from around $70 billion in 1998 to around $867 billion in 2007).

From

Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013), INTRODUCTION, p. 2
https://ssrn.com/abstract=2348463 · source PDF

Cite as

Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013). SSRN: https://ssrn.com/abstract=2348463

Holds when

United States distressed and defaulted debt market
1998 to 2007

Classification

empiricalsupport: evidencedprivate-fundseconomicsempirical-evidence

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