Shorting the dollar when global stock markets roar : the equity hedging channel of exchange rate determination

Nadav Ben Zeev, Daniel Nathan

Year of publication:	[2023]
Authors:	Ben Zeev, Nadav ; Nathan, Daniel
Publisher:	Beer Sheva, Israel : Monaster Center for Economic Research, Ben-Gurion University of the Negev
Subject:	Exchange Rate Determination \| Equity Hedging Channel \| Foreign Currency Forward Flows \| Order Flow \| Limits of Arbitrage \| FX Dealers \| Forward Exchange Rate \| Spot Exchange Rate \| Global Stock Prices \| Institutional Investors \| Granular Instrumental Variable \| Bayesian Local Projections \| Hedging \| Wechselkurs \| Exchange rate \| Welt \| World \| Währungsderivat \| Currency derivative \| Institutioneller Investor \| Institutional investor \| Volatilität \| Volatility \| Schätzung \| Estimation \| Japan \| Aktienmarkt \| Stock market \| Theorie \| Theory \| Börsenkurs \| Share price \| Arbitrage