Narrow search
Showing 1 - 10 of 50
Cover Image
International production, investments and borrowing with exchange rate risk and futures markets
Broll, Udo; Zilcha, Itzhak - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 1991
production. Without any markets for hedging an increase in exchange rate risk lowers foreign investments and output. However …In this paper we consider a multinational firm under exchange rate risk in a multiperiod model. We analyze the impact … of exchange rate uncertainty and the use of currency futures on the risk-averse firm's decisions about home and foreign …
Persistent link: https://www.econbiz.de/10010958406
Cover Image
International production, investments and borrowing with exchange rate risk and futures markets
Broll, Udo; Zilcha, Itzhak - 1991
production. Without any markets for hedging an increase in exchange rate risk lowers foreign investments and output. However …In this paper we consider a multinational firm under exchange rate risk in a multiperiod model. We analyze the impact … of exchange rate uncertainty and the use of currency futures on the risk-averse firm's decisions about home and foreign …
Persistent link: https://www.econbiz.de/10010398141
Cover Image
International production, investments and borrowing with exchange rate risk and futures markets
Broll, Udo; Zilcha, Itzhak - 1991
production. Without any markets for hedging an increase in exchange rate risk lowers foreign investments and output. However …In this paper we consider a multinational firm under exchange rate risk in a multiperiod model. We analyze the impact … of exchange rate uncertainty and the use of currency futures on the risk-averse firm's decisions about home and foreign …
Persistent link: https://www.econbiz.de/10009708611
Cover Image
Banking Firm and Two-Moment Decision Making
Broll, Udo; Wong, Wing-Keung; Wu, Mojia - Volkswirtschaftliche Fakultät, … - 2013
ways to manage risk of which one of the most important forms is interest rate risk. In this paper we use the mean … on how interest rate risk affects optimal bank investment in the loan and deposit market when derivatives are available …
Persistent link: https://www.econbiz.de/10011112037
Cover Image
Tax uncertainty, investment and credible policy
Marjit, Sugata - 1995
Persistent link: https://www.econbiz.de/10000907379
Cover Image
Optimal hedging by firms with multiple sources of risky income
Zilcha, Itzhak; Broll, Udo - 1991
Persistent link: https://www.econbiz.de/10000910100
Cover Image
Export, Risiken und Risikomärkte : ökonomische Analyse institutioneller Absicherung
Broll, Udo - 1995
Persistent link: https://www.econbiz.de/10000915590
Cover Image
Der Einfluß von nicht-hedgebaren Risiken auf Exportproduktion und Risikopolitik
Broll, Udo - 1993
Persistent link: https://www.econbiz.de/10000374381
Cover Image
Futures hedging with basis risk and expectation dependence
Broll, Udo; Welzel, Peter; Kit, Pong Wong - In: International review of economics : journal of civil economy 62 (2015) 3, pp. 213-221
Persistent link: https://www.econbiz.de/10011391637
Cover Image
The firm under regret aversion
Broll, Udo; Welzel, Peter; Kit, Pong Wong - 2017
We examine the economic behavior of the regret-averse firm under price uncertainty. We show that the global and marginal effects of price uncertainty on production are both positive (negative) when regret aversion prevails if the random output price is positively (negatively) skewed. In this...
Persistent link: https://www.econbiz.de/10011610117