Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122843715> ?p ?o ?g. }
- W3122843715 endingPage "549" @default.
- W3122843715 startingPage "519" @default.
- W3122843715 abstract "This paper tests whether significant changes in stock return volatility, market risk, and foreign exchange rate risk exposures took place around the launch of the Euro in 1999. The experiment analyzes weekly returns for 3220 nonfinancial firms from 18 European countries, the United States, and Japan. We find that though the Euro's launch was associated with an increase in total stock return volatility, significant reductions in market risk exposures arose for nonfinancial firms both in and outside of Europe. We show that the reductions in market risk were concentrated in firms domiciled in the Euro area and in non-Euro firms with a high fraction of foreign sales or assets in Europe. The Euro's introduction led to a net absolute decrease in the foreign exchange rate exposure of nonfinancial firms, but these changes are statistically and economically small. We interpret our findings in the context of existing theories of exchange rate risk management." @default.
- W3122843715 created "2021-02-01" @default.
- W3122843715 creator A5026651916 @default.
- W3122843715 creator A5079349233 @default.
- W3122843715 date "2006-10-01" @default.
- W3122843715 modified "2023-10-03" @default.
- W3122843715 title "The impact of the introduction of the Euro on foreign exchange rate risk exposures" @default.
- W3122843715 cites W1503864025 @default.
- W3122843715 cites W1507224972 @default.
- W3122843715 cites W1540782340 @default.
- W3122843715 cites W1570483996 @default.
- W3122843715 cites W1819409245 @default.
- W3122843715 cites W1967003967 @default.
- W3122843715 cites W1976421957 @default.
- W3122843715 cites W1977166372 @default.
- W3122843715 cites W1985870746 @default.
- W3122843715 cites W1992409373 @default.
- W3122843715 cites W2005620812 @default.
- W3122843715 cites W2012226613 @default.
- W3122843715 cites W2017085775 @default.
- W3122843715 cites W2022804428 @default.
- W3122843715 cites W2023916452 @default.
- W3122843715 cites W2036776382 @default.
- W3122843715 cites W2038023097 @default.
- W3122843715 cites W2046516784 @default.
- W3122843715 cites W2067966215 @default.
- W3122843715 cites W2070872401 @default.
- W3122843715 cites W2078550495 @default.
- W3122843715 cites W2092102898 @default.
- W3122843715 cites W2096667605 @default.
- W3122843715 cites W2100267563 @default.
- W3122843715 cites W2102812912 @default.
- W3122843715 cites W2111199605 @default.
- W3122843715 cites W2119493286 @default.
- W3122843715 cites W2143557201 @default.
- W3122843715 cites W2167836180 @default.
- W3122843715 cites W3121275215 @default.
- W3122843715 cites W3122246746 @default.
- W3122843715 cites W3122380305 @default.
- W3122843715 cites W3122824160 @default.
- W3122843715 cites W3123481441 @default.
- W3122843715 cites W3123728483 @default.
- W3122843715 cites W3124073321 @default.
- W3122843715 cites W3124224308 @default.
- W3122843715 cites W3124320188 @default.
- W3122843715 cites W3124434809 @default.
- W3122843715 cites W3124609767 @default.
- W3122843715 cites W3124811315 @default.
- W3122843715 cites W3125738487 @default.
- W3122843715 cites W3126095060 @default.
- W3122843715 cites W4236335259 @default.
- W3122843715 cites W4237774130 @default.
- W3122843715 cites W4252517788 @default.
- W3122843715 doi "https://doi.org/10.1016/j.jempfin.2006.01.002" @default.
- W3122843715 hasPublicationYear "2006" @default.
- W3122843715 type Work @default.
- W3122843715 sameAs 3122843715 @default.
- W3122843715 citedByCount "130" @default.
- W3122843715 countsByYear W31228437152012 @default.
- W3122843715 countsByYear W31228437152013 @default.
- W3122843715 countsByYear W31228437152014 @default.
- W3122843715 countsByYear W31228437152015 @default.
- W3122843715 countsByYear W31228437152016 @default.
- W3122843715 countsByYear W31228437152017 @default.
- W3122843715 countsByYear W31228437152018 @default.
- W3122843715 countsByYear W31228437152019 @default.
- W3122843715 countsByYear W31228437152020 @default.
- W3122843715 countsByYear W31228437152021 @default.
- W3122843715 countsByYear W31228437152022 @default.
- W3122843715 countsByYear W31228437152023 @default.
- W3122843715 crossrefType "journal-article" @default.
- W3122843715 hasAuthorship W3122843715A5026651916 @default.
- W3122843715 hasAuthorship W3122843715A5079349233 @default.
- W3122843715 hasConcept C10138342 @default.
- W3122843715 hasConcept C127413603 @default.
- W3122843715 hasConcept C144133560 @default.
- W3122843715 hasConcept C162324750 @default.
- W3122843715 hasConcept C165705269 @default.
- W3122843715 hasConcept C204036174 @default.
- W3122843715 hasConcept C2776988154 @default.
- W3122843715 hasConcept C2780821815 @default.
- W3122843715 hasConcept C30755413 @default.
- W3122843715 hasConcept C556758197 @default.
- W3122843715 hasConcept C73858035 @default.
- W3122843715 hasConcept C78519656 @default.
- W3122843715 hasConcept C91602232 @default.
- W3122843715 hasConceptScore W3122843715C10138342 @default.
- W3122843715 hasConceptScore W3122843715C127413603 @default.
- W3122843715 hasConceptScore W3122843715C144133560 @default.
- W3122843715 hasConceptScore W3122843715C162324750 @default.
- W3122843715 hasConceptScore W3122843715C165705269 @default.
- W3122843715 hasConceptScore W3122843715C204036174 @default.
- W3122843715 hasConceptScore W3122843715C2776988154 @default.
- W3122843715 hasConceptScore W3122843715C2780821815 @default.
- W3122843715 hasConceptScore W3122843715C30755413 @default.
- W3122843715 hasConceptScore W3122843715C556758197 @default.
- W3122843715 hasConceptScore W3122843715C73858035 @default.
- W3122843715 hasConceptScore W3122843715C78519656 @default.