Matches in SemOpenAlex for { <https://semopenalex.org/work/W2245943384> ?p ?o ?g. }
- W2245943384 abstract "This paper examines the interaction between operational and financial hedging in the context of a risk averse competitive exporting firm under exchange rate uncertainty. The firm is export-flexible in that it makes its export decision after observing the realized spot exchange rate. However, export-flexibility is limited by certain minimum sales requirements due to long-term considerations. This creates a piecewise linear exchange rate exposure. If the firm is allowed to use customized derivatives contracts, its optimal hedge position can be replicated by selling currency forward contracts and call options. If the firm is restricted to use forward contracts as the sole hedging instrument, optimal output is unambiguously smaller. Introducing currency call options thus stimulates production. An extension analyzes more general types of exchange rate exposure. JEL classification: F31; D21; D81" @default.
- W2245943384 created "2016-06-24" @default.
- W2245943384 creator A5010807374 @default.
- W2245943384 creator A5072228361 @default.
- W2245943384 date "2006-01-01" @default.
- W2245943384 modified "2023-10-02" @default.
- W2245943384 title "Restricted Export Flexibility and Risk Management with Options and Forward Contracts" @default.
- W2245943384 cites W1580339661 @default.
- W2245943384 cites W1587085269 @default.
- W2245943384 cites W196211557 @default.
- W2245943384 cites W1965830268 @default.
- W2245943384 cites W1969188796 @default.
- W2245943384 cites W1970965705 @default.
- W2245943384 cites W1977038514 @default.
- W2245943384 cites W1979137993 @default.
- W2245943384 cites W1991709859 @default.
- W2245943384 cites W1994476714 @default.
- W2245943384 cites W1999742438 @default.
- W2245943384 cites W2011852148 @default.
- W2245943384 cites W2019487963 @default.
- W2245943384 cites W2021714151 @default.
- W2245943384 cites W2022804428 @default.
- W2245943384 cites W2035548143 @default.
- W2245943384 cites W2036058064 @default.
- W2245943384 cites W2038977012 @default.
- W2245943384 cites W2041222873 @default.
- W2245943384 cites W2048513567 @default.
- W2245943384 cites W2052072403 @default.
- W2245943384 cites W2056886615 @default.
- W2245943384 cites W2071161321 @default.
- W2245943384 cites W2082788701 @default.
- W2245943384 cites W2085866877 @default.
- W2245943384 cites W2088014352 @default.
- W2245943384 cites W2093073097 @default.
- W2245943384 cites W2098545879 @default.
- W2245943384 cites W2117333370 @default.
- W2245943384 cites W2141758953 @default.
- W2245943384 cites W2143557201 @default.
- W2245943384 cites W3121269641 @default.
- W2245943384 cites W3121710939 @default.
- W2245943384 cites W3122120088 @default.
- W2245943384 cites W3122540188 @default.
- W2245943384 cites W3122568378 @default.
- W2245943384 cites W3122583307 @default.
- W2245943384 cites W3123253628 @default.
- W2245943384 cites W3123334122 @default.
- W2245943384 cites W3124409196 @default.
- W2245943384 cites W3125496211 @default.
- W2245943384 cites W3125624371 @default.
- W2245943384 cites W3126045297 @default.
- W2245943384 cites W3150313671 @default.
- W2245943384 cites W2021413800 @default.
- W2245943384 hasPublicationYear "2006" @default.
- W2245943384 type Work @default.
- W2245943384 sameAs 2245943384 @default.
- W2245943384 citedByCount "2" @default.
- W2245943384 crossrefType "journal-article" @default.
- W2245943384 hasAuthorship W2245943384A5010807374 @default.
- W2245943384 hasAuthorship W2245943384A5072228361 @default.
- W2245943384 hasConcept C10138342 @default.
- W2245943384 hasConcept C106306483 @default.
- W2245943384 hasConcept C141121606 @default.
- W2245943384 hasConcept C144133560 @default.
- W2245943384 hasConcept C151730666 @default.
- W2245943384 hasConcept C162324750 @default.
- W2245943384 hasConcept C165705269 @default.
- W2245943384 hasConcept C175444787 @default.
- W2245943384 hasConcept C187736073 @default.
- W2245943384 hasConcept C18903297 @default.
- W2245943384 hasConcept C198082294 @default.
- W2245943384 hasConcept C2776988154 @default.
- W2245943384 hasConcept C2779343474 @default.
- W2245943384 hasConcept C2780598303 @default.
- W2245943384 hasConcept C32896092 @default.
- W2245943384 hasConcept C38904191 @default.
- W2245943384 hasConcept C40700 @default.
- W2245943384 hasConcept C556758197 @default.
- W2245943384 hasConcept C70771513 @default.
- W2245943384 hasConcept C86803240 @default.
- W2245943384 hasConceptScore W2245943384C10138342 @default.
- W2245943384 hasConceptScore W2245943384C106306483 @default.
- W2245943384 hasConceptScore W2245943384C141121606 @default.
- W2245943384 hasConceptScore W2245943384C144133560 @default.
- W2245943384 hasConceptScore W2245943384C151730666 @default.
- W2245943384 hasConceptScore W2245943384C162324750 @default.
- W2245943384 hasConceptScore W2245943384C165705269 @default.
- W2245943384 hasConceptScore W2245943384C175444787 @default.
- W2245943384 hasConceptScore W2245943384C187736073 @default.
- W2245943384 hasConceptScore W2245943384C18903297 @default.
- W2245943384 hasConceptScore W2245943384C198082294 @default.
- W2245943384 hasConceptScore W2245943384C2776988154 @default.
- W2245943384 hasConceptScore W2245943384C2779343474 @default.
- W2245943384 hasConceptScore W2245943384C2780598303 @default.
- W2245943384 hasConceptScore W2245943384C32896092 @default.
- W2245943384 hasConceptScore W2245943384C38904191 @default.
- W2245943384 hasConceptScore W2245943384C40700 @default.
- W2245943384 hasConceptScore W2245943384C556758197 @default.
- W2245943384 hasConceptScore W2245943384C70771513 @default.
- W2245943384 hasConceptScore W2245943384C86803240 @default.
- W2245943384 hasLocation W22459433841 @default.