FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3125282654> ?p ?o ?g. }

• W3125282654 abstract "This article analyses value changes of German stock market companies in response to movements of the US dollar. The approach followed in this work extends the standard means of measuring exchange rate exposure in several ways, e.g. by using multi-factor modelling instead of augmented CAPM, application of moving window panel regressions, and orthogonalization of overall market risk vis-a-vis currency risk. A further innovation lies in testing theoretical implications of exchange rate adjustment costs (hedging costs) for firm values and economic exposure. Based on time series and panel data of German DAX companies, DM/ dollar rates and macroeconomic factors, we find a rather unstable, time-variant exposure of German stock market companies. Dollar sensitivity is positively affected by the ratio of exports/GDP and negatively af-fected by imports/GDP. Moreover, as expected from theoretical findings, firm values and exchange rate exposure are significantly reduced by adjustment costs depending on the distance of the exchange rate from the expected long-run mean." @default.
• W3125282654 created "2021-02-01" @default.
• W3125282654 creator A5050547631 @default.
• W3125282654 creator A5060240003 @default.
• W3125282654 date "2003-01-01" @default.
• W3125282654 modified "2023-10-01" @default.
• W3125282654 title "German Exchange Rate Exposure at DAX and Aggregate Level, International Trade, and the Role of Exchange Rate Adjustment Costs" @default.
• W3125282654 cites W1494094012 @default.
• W3125282654 cites W1521361552 @default.
• W3125282654 cites W1528421502 @default.
• W3125282654 cites W1567529703 @default.
• W3125282654 cites W1575345035 @default.
• W3125282654 cites W1582605976 @default.
• W3125282654 cites W1977166372 @default.
• W3125282654 cites W1981149459 @default.
• W3125282654 cites W1985421718 @default.
• W3125282654 cites W1994476714 @default.
• W3125282654 cites W2005294138 @default.
• W3125282654 cites W2008835440 @default.
• W3125282654 cites W2010681793 @default.
• W3125282654 cites W2011874318 @default.
• W3125282654 cites W2012226613 @default.
• W3125282654 cites W2015800048 @default.
• W3125282654 cites W2023916452 @default.
• W3125282654 cites W2036776382 @default.
• W3125282654 cites W2037371503 @default.
• W3125282654 cites W2039569743 @default.
• W3125282654 cites W2050159767 @default.
• W3125282654 cites W2062651869 @default.
• W3125282654 cites W2067966215 @default.
• W3125282654 cites W2073740083 @default.
• W3125282654 cites W2076438649 @default.
• W3125282654 cites W2078550495 @default.
• W3125282654 cites W2083655460 @default.
• W3125282654 cites W2087607631 @default.
• W3125282654 cites W2095719194 @default.
• W3125282654 cites W2100267563 @default.
• W3125282654 cites W2109499018 @default.
• W3125282654 cites W2111038324 @default.
• W3125282654 cites W2111199605 @default.
• W3125282654 cites W2137873244 @default.
• W3125282654 cites W2141207080 @default.
• W3125282654 cites W2160973073 @default.
• W3125282654 cites W2789187018 @default.
• W3125282654 cites W3122599281 @default.
• W3125282654 cites W3124349918 @default.
• W3125282654 cites W3124365602 @default.
• W3125282654 cites W3124605997 @default.
• W3125282654 cites W67980445 @default.
• W3125282654 doi "https://doi.org/10.2139/ssrn.480142" @default.
• W3125282654 hasPublicationYear "2003" @default.
• W3125282654 type Work @default.
• W3125282654 sameAs 3125282654 @default.
• W3125282654 citedByCount "9" @default.
• W3125282654 countsByYear W31252826542012 @default.
• W3125282654 countsByYear W31252826542014 @default.
• W3125282654 countsByYear W31252826542022 @default.
• W3125282654 crossrefType "journal-article" @default.
• W3125282654 hasAuthorship W3125282654A5050547631 @default.
• W3125282654 hasAuthorship W3125282654A5060240003 @default.
• W3125282654 hasBestOaLocation W31252826542 @default.
• W3125282654 hasConcept C154775046 @default.
• W3125282654 hasConcept C159985019 @default.
• W3125282654 hasConcept C162324750 @default.
• W3125282654 hasConcept C166957645 @default.
• W3125282654 hasConcept C18547055 @default.
• W3125282654 hasConcept C192562407 @default.
• W3125282654 hasConcept C2776988154 @default.
• W3125282654 hasConcept C4679612 @default.
• W3125282654 hasConcept C556758197 @default.
• W3125282654 hasConcept C95457728 @default.
• W3125282654 hasConceptScore W3125282654C154775046 @default.
• W3125282654 hasConceptScore W3125282654C159985019 @default.
• W3125282654 hasConceptScore W3125282654C162324750 @default.
• W3125282654 hasConceptScore W3125282654C166957645 @default.
• W3125282654 hasConceptScore W3125282654C18547055 @default.
• W3125282654 hasConceptScore W3125282654C192562407 @default.
• W3125282654 hasConceptScore W3125282654C2776988154 @default.
• W3125282654 hasConceptScore W3125282654C4679612 @default.
• W3125282654 hasConceptScore W3125282654C556758197 @default.
• W3125282654 hasConceptScore W3125282654C95457728 @default.
• W3125282654 hasLocation W31252826541 @default.
• W3125282654 hasLocation W31252826542 @default.
• W3125282654 hasLocation W31252826543 @default.
• W3125282654 hasLocation W31252826544 @default.
• W3125282654 hasOpenAccess W3125282654 @default.
• W3125282654 hasPrimaryLocation W31252826541 @default.
• W3125282654 hasRelatedWork W1497849523 @default.
• W3125282654 hasRelatedWork W1992965084 @default.
• W3125282654 hasRelatedWork W2106537562 @default.
• W3125282654 hasRelatedWork W2286951910 @default.
• W3125282654 hasRelatedWork W2769113502 @default.
• W3125282654 hasRelatedWork W3081035353 @default.
• W3125282654 hasRelatedWork W3121609817 @default.
• W3125282654 hasRelatedWork W3125753045 @default.
• W3125282654 hasRelatedWork W4231759525 @default.
• W3125282654 hasRelatedWork W2073084373 @default.
• W3125282654 isParatext "false" @default.
• W3125282654 isRetracted "false" @default.
• W3125282654 magId "3125282654" @default.

• next