Matches in SemOpenAlex for { <https://semopenalex.org/work/W2270745087> ?p ?o ?g. }
- W2270745087 abstract "The purpose of this paper is to review the literature on the use of financial instruments known as derivatives. Derivatives use is a relatively recent phenomenon, dating back to around the 1970s. In the past 15 years a significant theoretical and empirical literature has emerged that examines why non-financial firms use derivatives. This review weaves a common thread through the literature on the use of derivatives that covers economics, accounting, and finance. We present empirical evidence from extant research that shows the use of derivatives by U.S. non-financial firms has increased over time. We review the basic theory of hedging based on costly external finance that provides a basis for organizing and detailing the empirical evidence on derivatives use. The econometric evidence indicates the importance of costly external finance in determining derivatives use and provides support for the view that non-financial firms use derivatives for hedging. Our review also touches on some macroeconomic implications of derivatives use, suggesting that the use of derivative instruments may moderate the impact of monetary policy shocks." @default.
- W2270745087 created "2016-06-24" @default.
- W2270745087 creator A5000784682 @default.
- W2270745087 creator A5009957534 @default.
- W2270745087 creator A5080498976 @default.
- W2270745087 date "2008-01-17" @default.
- W2270745087 modified "2023-09-22" @default.
- W2270745087 title "Derivative Instruments and Their Use for Hedging by U.S. Non-Financial Firms: A Review of Theories and Empirical Evidence" @default.
- W2270745087 cites W1503295912 @default.
- W2270745087 cites W1538220436 @default.
- W2270745087 cites W1540723654 @default.
- W2270745087 cites W1557832879 @default.
- W2270745087 cites W1570572978 @default.
- W2270745087 cites W1969188796 @default.
- W2270745087 cites W1973958174 @default.
- W2270745087 cites W1976565425 @default.
- W2270745087 cites W1980956127 @default.
- W2270745087 cites W1985131171 @default.
- W2270745087 cites W2000578291 @default.
- W2270745087 cites W2004999737 @default.
- W2270745087 cites W2007472049 @default.
- W2270745087 cites W2007990264 @default.
- W2270745087 cites W2008772969 @default.
- W2270745087 cites W2022804428 @default.
- W2270745087 cites W2031297149 @default.
- W2270745087 cites W2039627964 @default.
- W2270745087 cites W2042238483 @default.
- W2270745087 cites W2049646068 @default.
- W2270745087 cites W2077791698 @default.
- W2270745087 cites W2078763040 @default.
- W2270745087 cites W2094283948 @default.
- W2270745087 cites W2116717227 @default.
- W2270745087 cites W2119520917 @default.
- W2270745087 cites W2122131936 @default.
- W2270745087 cites W2124597406 @default.
- W2270745087 cites W2143557201 @default.
- W2270745087 cites W2145223699 @default.
- W2270745087 cites W2147560556 @default.
- W2270745087 cites W2151937842 @default.
- W2270745087 cites W2160514302 @default.
- W2270745087 cites W2161769395 @default.
- W2270745087 cites W3121204208 @default.
- W2270745087 cites W3121509574 @default.
- W2270745087 cites W3121661323 @default.
- W2270745087 cites W3122182930 @default.
- W2270745087 cites W3122250801 @default.
- W2270745087 cites W3123658933 @default.
- W2270745087 cites W3123703631 @default.
- W2270745087 cites W3123925601 @default.
- W2270745087 cites W3124114405 @default.
- W2270745087 cites W3124314758 @default.
- W2270745087 cites W3124401038 @default.
- W2270745087 cites W3124424351 @default.
- W2270745087 cites W3125043003 @default.
- W2270745087 cites W3125467606 @default.
- W2270745087 cites W3125496211 @default.
- W2270745087 cites W643433185 @default.
- W2270745087 cites W3150206304 @default.
- W2270745087 hasPublicationYear "2008" @default.
- W2270745087 type Work @default.
- W2270745087 sameAs 2270745087 @default.
- W2270745087 citedByCount "5" @default.
- W2270745087 countsByYear W22707450872014 @default.
- W2270745087 countsByYear W22707450872018 @default.
- W2270745087 crossrefType "posted-content" @default.
- W2270745087 hasAuthorship W2270745087A5000784682 @default.
- W2270745087 hasAuthorship W2270745087A5009957534 @default.
- W2270745087 hasAuthorship W2270745087A5080498976 @default.
- W2270745087 hasConcept C10138342 @default.
- W2270745087 hasConcept C106159729 @default.
- W2270745087 hasConcept C106306483 @default.
- W2270745087 hasConcept C111472728 @default.
- W2270745087 hasConcept C111771559 @default.
- W2270745087 hasConcept C120936955 @default.
- W2270745087 hasConcept C138885662 @default.
- W2270745087 hasConcept C162324750 @default.
- W2270745087 hasConcept C166052673 @default.
- W2270745087 hasConcept C178300618 @default.
- W2270745087 hasConcept C191654821 @default.
- W2270745087 hasConcept C78458016 @default.
- W2270745087 hasConcept C86803240 @default.
- W2270745087 hasConcept C95727064 @default.
- W2270745087 hasConceptScore W2270745087C10138342 @default.
- W2270745087 hasConceptScore W2270745087C106159729 @default.
- W2270745087 hasConceptScore W2270745087C106306483 @default.
- W2270745087 hasConceptScore W2270745087C111472728 @default.
- W2270745087 hasConceptScore W2270745087C111771559 @default.
- W2270745087 hasConceptScore W2270745087C120936955 @default.
- W2270745087 hasConceptScore W2270745087C138885662 @default.
- W2270745087 hasConceptScore W2270745087C162324750 @default.
- W2270745087 hasConceptScore W2270745087C166052673 @default.
- W2270745087 hasConceptScore W2270745087C178300618 @default.
- W2270745087 hasConceptScore W2270745087C191654821 @default.
- W2270745087 hasConceptScore W2270745087C78458016 @default.
- W2270745087 hasConceptScore W2270745087C86803240 @default.
- W2270745087 hasConceptScore W2270745087C95727064 @default.
- W2270745087 hasLocation W22707450871 @default.
- W2270745087 hasOpenAccess W2270745087 @default.
- W2270745087 hasPrimaryLocation W22707450871 @default.
- W2270745087 hasRelatedWork W1054191870 @default.