kaal:claim:2389416-023

The March 2012 discontinuity effect is not persistent and is completely absorbed in the months following the registration effective date for private fund advisers.

Source quote, verbatim
However, this discontinuity effect we observe in March 2012 is not persistent and is completely absorbed in the months following the registration effective date for private fund advisers under the Dodd-Frank Act.
From

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014), 5.2.1. Entire Sample
https://ssrn.com/abstract=2389416 · source PDF

Cite as

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416

Holds when
Classification

empiricalsupport: evidencedresearch-methodssecurities-lawprivate-funds

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