Similar Search Results

Hakala, Jürgen; Wystup, Uwe - 2008

We explain the valuation and correlation hedging of Foreign Exchange Basket Options in a multi-dimensional Black …

Persistent link: https://www.econbiz.de/10011293924

Price setting transactions and the role of denominating currency in FX markets

Friberg, Richard (contributor); … - 2007

This report, commissioned by Sveriges Riksbank, examines the role of currency denomination in international trade transactions. It is divided in two parts. The first part consists of a survey of the price setting and payment practices of a large sample of Swedish exporting firms. The second part...

Persistent link: https://www.econbiz.de/10003400412

The Relationship between Exchange Rates and International Trade : A Review of Economic Literature

Auboin, Marc - 2011

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/10013118744

Derivatives Use and Analysts’ Earnings Forecast Accuracy

Mefteh-Wali, Salma - 2012

This paper examines whether the use of derivatives improves firms' information environment, which is a relatively under … derivatives enjoy high levels of forecast accuracy relative to firms that do not. This result is in accord with the arguments … developed by DeMarzo and Duffie (1995) and Breeden and Vishwanathan (1998) suggesting that hedging is an important means of …

Persistent link: https://www.econbiz.de/10013104379

Sovereign Wealth Funds : Investment Objectives and Asset Allocation Strategies

Wagner, Daniil - 2013

Sovereign Wealth Funds (SWFs) have steadily increased their importance in the global financial system in the last decade and especially during the financial crisis period. They currently have almost $6 trillion assets under management, which is more than the assets of Private Equity and Hedge...

Persistent link: https://www.econbiz.de/10013072616

Can the CFO Trust the FX Exposure Quantification from a Stock Market Approach?

Aabo, Tom - 2009

We apply sensitivity analysis to Scandinavian non-financial firms and find limited consistency in the detected exchange rate exposures at the firm-specific level when altering methodology (observation frequency and market index) using a traditional two factor stock market approach. The results...

Persistent link: https://www.econbiz.de/10013153412

Daily Tourist Arrivals, Exchange Rates and Volatility for Korea and Taiwan

Chang, Chia-Lin - 2009

Both domestic and international tourism are a major source of service export receipts for many countries worldwide, and is also increasingly important in Taiwan. One of the three leading tourism source countries for Taiwan is the Republic of Korea, which is a source of short haul tourism. Daily...

Persistent link: https://www.econbiz.de/10013154681

Lessons for China from Financial Liberalization in Scandinavia

Chen, Hongyi - 2009

This report identifies a set of policy lessons for China today drawn from the experience of financial deregulation, financial crisis and recovery in Scandinavia during the period 1985-2000. Although there are considerable differences between the huge Chinese economy and the small Nordic...

Persistent link: https://www.econbiz.de/10013156608

Recent Developments Regarding the Establishment of Employee Share Ownership Plans in China

Sekine, Eiichi - 2009

As China lacks any national legislation on employee share ownership plans, these have been set up on an ad hoc basis using local regulations. Recently, however, such plans have attracted renewed interest as a means of incentivizing employees. In January 2007 the State Administration of Foreign...

Persistent link: https://www.econbiz.de/10013156975

Cryptocurrency Market Reactions to Regulatory News

Auer, Raphael - 2020

Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations, transaction volumes and user bases react substantially to news about regulatory actions. The impact depends on the specific regulatory category to which the news relates: events...

Persistent link: https://www.econbiz.de/10012835611