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Cross‐Hedging of Exchange‐Rate Risk
7 references·5 citing·37 second hop
Cross‐Hedging of Exchange‐Rate Risk (1996)Cross‐Hedging of Exchange‐Rate RiskInternational Trade and the Forward Exchange Market (2016)International Trade and the F…Indirect hedging of exchange rate risk (1995)Indirect hedging of exchange …Multinational finance (1987)Multinational financeCross-hedging foreign currency risk (1987)Cross-hedging foreign currenc…International trade with forward-futures markets under exchange rate and price uncertainty (1986)International trade with forw…Inside the financial futures markets (1981)Inside the financial futures …Cross Hedging (1981)Cross HedgingCross Hedging with Currency Forward Contracts (2012)Cross Hedging with Currency F…OPTIMAL EXPORT AND HEDGING DECISIONS WHEN FORWARD MARKETS ARE INCOMPLETE (2007)OPTIMAL EXPORT AND HEDGING DE…Exports and Indirect Hedging of Foreign Currency Risk (1999)Exports and Indirect Hedging …Export as an Option (1999)Export as an OptionExport and hedging decision with state-dependent utility (1998)Export and hedging decision w…Aspects of Rational Insurance Purchasing (1968)Theory of Financial Decision Making. (1988)Standard Risk Aversion (1991)Flexible exchange rates (1969)Uncertainty and Optimal Consumption Decisions (1971)UNCERTAINTY, EXCHANGE RISK, AND THE LEVEL OF INTERNATIONAL TRADE (1973)The effect of exchange rate uncertainty on the prices and volume of international trade (1978)The effects of real exchange rate risk on international trade (1983)Bilateral Trade Flows, the Linder Hypothesis, and Exchange Risk (1987)Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition and the International Economy (1985)Market Structure and Foreign Trade (1986)Risk Management: Coordinating Corporate Investment and Financing Policies (1993)CURRENCY HEDGING FOR EXPORT-FLEXIBLE FIRMS * (2001)Mean-Variance Analysis in the Theory of Liquidity Preference and Portfolio Selection (1969)Information, futures prices, and stabilizing speculation (1978)Market structure and multiperiod hedging (2000)Futures Markets and the Theory of the Firm Under Price Uncertainty (1980)Multiple Currencies and Hedging (1999)A Survey of Emerging Derivatives Markets (2008)Cross hedging under multiplicative basis risk (2011)The Simultaneous Determination of Spot and Futures Prices (1976)The Hedging Performance of the New Futures Markets (1979)The Determinants of Firms' Hedging Policies (1985)Unit Roots Tests: Evidence from the Foreign Exchange Futures Market (1987)The Hedging Effectiveness of ECU Futures Contracts: Forecasting Evidence from an Error Correction Model (1995)Hedging and the Competitive Firm under Price Uncertainty (1979)Exchange Rate Volatility and International Trade (1999)A New Look at Exchange Rate Volatility and Trade Flows (2004)Exchange Rate Volatility and Exports: New Empirical Evidence from the Emerging East Asian Economies (2010)Options and Futures: A Tutorial (1992)Price Discovery in South African Financial Markets: Investigating the Relationship Between South Africa's Stock Index Futures Market and the Underlying Market (2001)Bivariate garch estimation of the optimal commodity futures Hedge (1991)How big is the premium for currency risk?1We thank Geert Bekaert, Tim Bollerslev, Peter Bossaerts, Mark Carhart, John Cochrane, Magnus Dahlquist, Wayne Ferson, Linda Goldberg, Campbell Harvey, Pierre Hillion, Robert Hodrick (the referee), Olivier Ledoit, John Matsusaka, Hans Mikkelsen, Angel Serrat and Ivo Welch, as well as workshop participants at INSEAD, University of California at Los Angeles, University of Southern California, University of Rochester, Southern Methodist University, University of California – Irvine, Koc University and participants at the 1996 UBC Global Investment Conference (Whistler, BC), 1996 Western Finance Association meetings (Sunriver, OR), 1996 European Finance Association meetings (Oslo, Norway), 1996 NBER Asset Pricing meeting (Evanston, IL), and the 1997 Econometric Society winter meetings (New Orleans, LA) for their comments. The paper was written while the second author was visiting the Anderson School at UCLA. Both authors acknowledge the financial support of a CIBEAR grant.1 (1998)Hedging Pressure Effects in Futures Markets (2000)Hedging exchange rate risk: The multiperiod case (1999)Exchange rate, political environment and FDI decision (2016)Understanding BRICSIZATION through an economic geopolitical model (2024)
this work references cited by second hop

References

  • 2016International Trade and the Forward Exchange Market337 cited
  • 1981Cross Hedging283 cited
  • 1986International trade with forward-futures markets under exchange rate and price uncertainty161 cited
  • 1987Cross-hedging foreign currency risk65 cited
  • 1995Indirect hedging of exchange rate risk64 cited
  • 1987Multinational finance45 cited
  • 1981Inside the financial futures markets22 cited

Cited by

  • 2012Cross Hedging with Currency Forward Contracts14 cited
  • 1999Export as an Option14 cited
  • 1999Exports and Indirect Hedging of Foreign Currency Risk12 cited
  • 1998Export and hedging decision with state-dependent utility12 cited
  • 2007OPTIMAL EXPORT AND HEDGING DECISIONS WHEN FORWARD MARKETS ARE INCOMPLETE12 cited

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