# kaal:claim:2748096-002

**Claim.** Despite conflicting government reports, the weight of post-crisis evidence from leading financial economists supports the conclusion that hedge funds introduce at least some systemic risk into the financial system.

**Type.** empirical  **Support.** argued

**Holds when.**

- post-crisis academic literature
- claim is qualified: some, not dominant, systemic risk

**Source quote.**

> Despite the mixed evidence produced by government reports on hedge funds' systemic risk, the majority of post-crisis evidence provided by leading financial economists suggests that hedge funds may play a role in introducing at least some systemic risk into the financial system.

**From.** Wulf A. Kaal, Timothy A. Krause, *Hedge Funds and Systemic Risk* (2016), INTRODUCTION, page 2

**Cite as.** Wulf A. Kaal, Timothy A. Krause, Hedge Funds and Systemic Risk (2016). SSRN: https://ssrn.com/abstract=2748096

**Verify.** sha256 of source PDF `8f30260f2c1db728b45c4f3b9b7c64358cf9d3217277bc3c63a910c32f87b508` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Krause%20-%202016%20-%20Hedge%20Funds%20and%20Systemic%20Risk.pdf

**Topics.** private-funds, systemic-risk, risk-and-incentives, empirical-evidence, economics

**Keywords.** hedge-funds, systemic-risk, post-crisis-evidence, financial-economics

**Related claims.**

- extends: https://wulfkaal.github.io/claims/2470008-012
- supports: https://wulfkaal.github.io/claims/2470008-005
- supports: https://wulfkaal.github.io/claims/2470008-006

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.