kaal:claim:2389416-038

The finding that Dodd-Frank Act registration does not depress hedge fund returns is consistent with prior evidence that higher administrative costs are only a second-order effect of the regulation.

Source quote, verbatim

Kaal (2013a) finds non-robust evidence that the higher administrative costs imposed by the Dodd-Frank Act are a second-order effect of the regulation, thereby not affecting the overall returns of hedge funds.

From

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014), 5.4. DISCUSSION & CONCLUSION
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

evidence in the prior study described as non-robust

Classification

empiricalsupport: arguedcomplianceprivate-funds

Related claims

restated_by kaal:claim:2816408-031 Prior work by Kaal shows that Dodd-Frank Act registration and increased compliance requirements only marginall...

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 0e1c4615b104821577498d9655de43b9c5c3e985bb0215f56c038b8232be65c3. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/d01084daf6f21842...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2389416-038.md | sha256sum