The paper assesses the usefulness of selective hedging strategies when combined with forecast techniques in the live … hog contract. The use of routine futures and options hedging is not attractive relative to a cash-only strategy. However …, forecasting and hedging can contribute to price risk management improvement for risk-averse producers. Consistent with previous …

increasing with firm size and exposure and that liquidity constraints are important in explaining transaction exposure hedging … study uses survey data, which enables us to differentiate between hedging aimed at translation exposure and transaction …. Importantly, we find that the existence of loan covenants explains translation exposure hedging. This suggests that firms hedge …

This paper analyzes the way in which income tax and liquidity determine the purchase or rental of a permanent home in …

This paper analyzes the way in which income tax and liquidity determine the purchase or rental of a permanent home in …

This paper analyzes the way in which income tax and liquidity determine the purchase or rental of a permanent home in …

We test whether liquidity is priced in the euro-denominated corporate bond market. We use the Arbitrage Pricing Theory … to control for other sources of risk. Yields are used to measure the bonds' expected returns and liquidity is … significant pricing anomalies due to liquidity exist for euro- denominated bonds. We find that the yield premium between liquid …