Buch, Claudia M. (contributor); … - 2005
located in France, Germany, the U.K., and the U.S. under different assumptions about currency hedging. We compare these ….K., and the U.S. under
different assumptions about currency hedging. We compare these optimal portfolios to the
actual cross … under different assumptions about how banks
might hedge currency risk: unit hedging (in which currencies are fully hedged …