Tarun Ramadorai

TL;DR: In this article, the authors developed a cross-sectional identification approach, motivated by the insight that investors may differ in their "preferred habitats" within a broad asset class and applied the method to the question of whether foreign capital is responsible for residential real estate price movements in global cities such as London and New York, especially during crises.

TL;DR: This article analyzed the reliability of voluntary disclosures of financial information, focusing on widely-employed publicly available hedge fund databases and found that historical returns are routinely revised, and that funds that revise their performance histories significantly and predictably underperform those that have never revised, suggesting that unreliable disclosures constitute a valuable source of information for current and potential investors.

TL;DR: This paper analyzed the reliability of voluntary disclosures of financial information, focusing on widely-employed publicly available hedge fund databases and found that historical returns are routinely revised, and that funds that revise their performance histories significantly and predictably underperform those that have never revised, suggesting that unreliable disclosures constitute a valuable source of information for current and potential investors.

TL;DR: In this paper, the authors build an equilibrium model with commodity producers who are averse to future cash flow variability, and hedge using futures, where their hedging demand is met by risk-constrained speculators.

TL;DR: In this paper, the authors identify capacity constraints in hedge funds and simultaneously gauge how well-informed hedge fund investors are, using new data on investor interest from a secondary market for hedge funds.