کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5055704 1371497 2009 4 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Modelling information and hedging: The exporting firm
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Modelling information and hedging: The exporting firm
چکیده انگلیسی

The paper examines the economic role of modelling information on the decision problem of an exporting firm under exchange rate risk and hedging. Information is described in terms of market transparency, i.e., a publicly observable signal conveys more information about the random foreign exchange rate. We analyze the interaction between market transparency and the ex ante expected utility of the exporting firm. It is shown that more transparency on the foreign exchange market may result in higher or lower export production.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 26, Issue 5, September 2009, Pages 974-977
نویسندگان
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