essential in analyzing optimal hedging and export decisions. When the spot exchange rate and the futures exchange rate are …

; hedging ; cointegrated VAR model …

domestic portfolio. We propose modeling the currency hedging strategy as a function of characteristics proxying for expected … hedging. Proxies for risk, such as volatility, skewness, beta on volatility, and equity sensitivity are irrelevant in our …

currency hedging strategies, for a series of 7 models,using Bayesian inference and decision analysis. The models differ in the … comparethe hedging decisions and financial returns and utilities as they result from the modellingassumptions and the attitudes …

, many investors consider implementing currency-hedging programs to reduce or eliminate the volatility that results from … foreign currency exposures. This paper examines the prospect of hedging currency risk, evaluating the different methods used … costs of hedging developed market and emerging market currency exposures.Meketa Investment Group recommends investors …

This paper examines the production, export and risk management decisions of a risk-averse competitive firm under … exchange rate risk. The firm is export flexible in allocating its output to either the domestic market or a foreign market … after observing the exchange rate. Export flexibility is restricted by certain minimum sales requirements that are due to …