| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5069778 | Finance Research Letters | 2010 | 6 Pages |
Abstract
Long-short hedge funds are often very highly levered, despite the costs of leverage that became apparent during the LTCM crisis in 1998 and the more recent episode in 2008. This note explores potential market imperfections that may explain the use of leverage.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Sheridan Titman,