Timing is money: The factor timing ability of hedge fund managers Albert Jakob Osinga, Marc B.J. Schauten, Remco C.J. ZwinkelsJournal of Empirical FinanceA version of this paper can be found hereWant to read our summaries of academic finance papers? Check out our Academic Research Insight category...

Stressed companies piled on debt as interest rates plummeted, but could face a reckoning in the next economic downturn. Total debt for nonfinancial companies hit $11.2 trillion, about half the size of the U.S. economy. Read More WSJ.com: Markets...