Chamberlain, Sandra; Howe, John S.; Popper, Helen - Center for Pacific Basin Monetary and Economic Studies, … - 1995
In this paper, we examine the foreign exchange exposure of a sample of U.S. and Japanese banking firms. Using daily data, we construct estimates of the exchange rate sensitivity of the equity returns of the U.S. bank holding companies and compare them to those of a sample of Japanese banks. We...
