kaal:claim:2816408-020

The absence of any statistically significant effect of mandatory disclosure on hedge fund returns suggests that the transparency costs associated with disclosure do not significantly affect the profitability of hedge fund advisers.

Source quote, verbatim

The absence of any statistical significant effect of mandatory disclosure on hedge fund returns may suggest that the transparency costs associated with disclosure do not significantly affect the profitability of hedge fund advisers.

From

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Private Fund Performance – Evidence from 2010 – 2015 (2016), 5.2.2. Regression Discontinuity, p. 11
https://ssrn.com/abstract=2816408 · source PDF

Cite as

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Private Fund Performance – Evidence from 2010 – 2015 (2016). SSRN: https://ssrn.com/abstract=2816408

Holds when

conditional on the null RD result
US hedge fund advisers around the $150 million threshold

Classification

empiricalsupport: argueddisclosure

Verify

The quote above is an exact substring of the source PDF, whose sha256 is dc3b2f9e60e42ea1b42c2e0062d65569675b014c05fcd30b15ad44d2410b2ce7. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/0058f0348b54b6eb...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2816408-020.md | sha256sum