Showing 1 - 10 of 2,591
to higher delinquencies and interest rates, while exports are unaffected. Natural and financial hedging successfully mute …
Persistent link: https://www.econbiz.de/10014304470
effect depends on a number of factors, including the existence of hedging instruments, the structure of production (e.g. the …
Persistent link: https://www.econbiz.de/10010326777
raising FX debt is lower interest rates, while at large enterprises natural hedging also appears as a factor. The main reason …
Persistent link: https://www.econbiz.de/10010322387
Persistent link: https://www.econbiz.de/10010334950
.3 % of small firms are significantly exposed. The measuring of exchange rate risk and hedging is therefore crucial for …
Persistent link: https://www.econbiz.de/10011460529
raising FX debt is lower interest rates, while at large enterprises natural hedging also appears as a factor. The main reason …
Persistent link: https://www.econbiz.de/10003854447
effect depends on a number of factors, including the existence of hedging instruments, the structure of production (e.g. the …
Persistent link: https://www.econbiz.de/10009376106
We offer a closer look at the frequency distribution of nominal price changes in the foreign exchange markets for a sample of 10 European exchange-rate pairs on the basis of a unique quarterly data set spanning 273 years. Our analysis clearly illustrates the risk of seriously underestimating the...
Persistent link: https://www.econbiz.de/10009743815
This paper studies how the effects of exchange rate shocks on international prices (i.e., exchange rate pass-through) vary with trade credit. We put together a dataset that contains customs data and bank statements for the universe of Chinese exporters for the period 2001-2012. We start by...
Persistent link: https://www.econbiz.de/10014351016
The foreign exchange reserves of the Czech National Bank (CNB) increased roughly three and a half times to EUR 124.6 billion while the exchange rate commitment was in place between November 2013 and April 2017. This unprecedented growth has led the CNB to review how the reserves are managed....
Persistent link: https://www.econbiz.de/10012857994