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short-term capital markets. Yet, their pricing and hedging has not received much attention in the finance literature. Using …, and discusses the problems faced in hedging CCL portfolios …
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instruments can explain much of the in-sample variation in borrowing spreads, this fails to materialize in hedging strategies that … and innovation costs could justify the limited interest for this type of hedging in practice …
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Each episode of volatility in financial markets heightens the attention of government officials and others to the role played by the hedge fund industry in financial market dynamics. Hedge funds were implicated in the 1992 crises that led to major exchange rate realignments in the European...
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Diese Arbeit entwickelt eine Entscheidungshilfe für die Auswahl von regelgebundenen, selektiven Wechselkurssicherungsstrategien auf Unternehmensebene. Neben einer Auseinandersetzung mit den Grundlagen der betrieblichen Sicherungsgeschäfte, des Corporate Hedgings, folgt die allgemeine Analyse...
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