Showing 141 - 150 of 543,960
This empirical study of the exchange rate exposure management of Danish non-financial firms listed on the Copenhagen Stock Exchange shows that debt denominated in foreign currency (“foreign debt”) is a very important alternative to the use of currency derivatives. The results show that the...
Persistent link: https://www.econbiz.de/10014257500
This paper develops a quantitative structural model of trade and the currency composition of debt for firms in a small open economy with exchange rate risk. Monopolistic competition in the product market generates exchange rate exposure for all firms - exporting and local. Due to financial...
Persistent link: https://www.econbiz.de/10013095409
Persistent link: https://www.econbiz.de/10010347088
Persistent link: https://www.econbiz.de/10003979942
Persistent link: https://www.econbiz.de/10011306011
Persistent link: https://www.econbiz.de/10010384725
exports. Using Korean data, first we find evidence that unanticipated currency depreciation increases the firm-level real … expansionary effect of an improvement in price competitiveness. However, the overall effect of currency depreciation on exports is …
Persistent link: https://www.econbiz.de/10012970960
different effect of exchange rate uncertainty on exports. This has a negative impact in manufacturing-exporting countries, but …
Persistent link: https://www.econbiz.de/10013251922
Persistent link: https://www.econbiz.de/10013188252
different effect of exchange rate uncertainty on exports. This has a negative impact in manufacturing-exporting countries, but …
Persistent link: https://www.econbiz.de/10012405919