| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5083713 | International Review of Economics & Finance | 2013 | 11 Pages |
Abstract
⺠This paper examines the competitive firm under price and exchange rate uncertainty ⺠The separation theorem holds when forward markets are complete. ⺠The full-hedging theorem holds only under restrictive conditions ⺠We offer an example wherein output is higher when forward markets are incomplete.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kit Pong Wong,