Imperfect hedging and export production

Southern Economic Journal

Volumn 62, Issue 3, 1996, Pages 667-674

  Broll, Udo ^a   Wahl, Jack E ^b  

^a UNIVERSITY OF KONSTANZ   (Germany)

^b TU DORTMUND UNIVERSITY   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0030551860     PISSN: 00384038     EISSN: None     Source Type: Journal    
DOI: 10.2307/1060886     Document Type: Article

References (25)

1. Anderson, Ronald W. and Jean-Pierre Danthine, "Cross Hedging." Journal of Political Economy, December 1981, 1182-96.
2. Antonovitz, Frances and Ray D. Nelson, "Forward and Futures Markets and the Competitive Firm under Price Uncertainty." Southern Economic Journal, July 1988, 182-95.
3. Arrow Kenneth J. Aspects of a Theory of Risk Bearing. Chicago: Markham Publishing, 1970.
4. Benninga, Simon, Rafael Eldor and Itzhak Zilcha, "The Optimal Hedge Ratio in Unbiased Futures Markets." Journal of Futures Markets, Vol. 4 No. 2 1984, 155-59.
5. Broll, Udo and Jack E. Wahl, "Hedging with Synthetics, Foreign-Exchange Forwards, and the Export Decision." Journal of Futures Markets, October 1992, 511-17.
6. _ and Itzhak Zilcha, "Indirect Hedging of Exchange Rate Risk." Journal of International Money and Finance, October 1995.
7. Buckley, Adrian. Multinational Finance. New York: Prentice Hall, 1992.
8. Danthine, Jean-Pierre, "Information, Futures Markets and Stabilizing Speculation." Journal of Economic Theory, February 1978, 79-98.
9. Dellas, Harris and Ben-Zion Zilberfarb, "Real Exchange Rate Volatility and International Trade: A Reexamination of the Theory." Southern Economic Journal, April 1993, 641-47.
10. Duffie, Darrell. Futures Markets. Englewood Cliffs, New Jersey: Prentice-Hall, 1989.
11. Eaker, Mark R. and Dwight M. Grant, "Cross-Hedging Foreign Currency Risk." Journal of International Money and Finance, March 1987, 85-105.
12. Ethier, Wilfred J., "International Trade and the Forward Exchange Market." American Economy Review, June 1973, 494-503.
13. Feder, Gershon, Richard E. Just and Andrew Schmitz, "Future Markets and the Theory of the Firm under Price Uncertainty." Quarterly Journal of Economics, March 1980, 317-28.
14. Fung, Hung-Gay and Gene C. Lai, "Forward Market and International Trade," Southern Economic Journal, April 1991, 982-92.
15. Helpman, Elhanan and Assaf Razin. A Theory of International Trade under Uncertainty. New York: Academic Press, 1978.
16. Kawai, Masachiro and Itzhak Zilcha, "International Trade with Forward-Futures Markets under Exchange Rate and Price Uncertainty." Journal of International Economics, February 1986, 83-98.
17. Kimball, Miles S., "Precautionary Saving in the Small and in the Large." Econometrica, January 1990, 53-73.
18. Park, Timothy A. and Frances Antonovitz, "Econometric Tests of Firm Decision Making under Uncertainty: Optimal Output and Hedging Decisions." Southern Economic Journal, January 1992, 593-609.
19. Paroush, Jacob and Avner Wolf, "The Derived Demand with Hedging Cost Uncertainty in the Futures Markets," Economic Journal, July 1992, 831-44.
20. Pratt, John W., "Risk Aversion in the Small and in the Large." Econometrica, January-April 1964, 122-36.
21. Roger, S., "The Management of Foreign Exchange Reserves." BIS Economic Papers No. 38. Basle: Bank for International Settlements, 1993.
22. Viaene, Jean-Marie and Caspar G. de Vries, "International Trade and Exchange Rate Volatility." European Economic Review, August 1992, 1311-21.
23. Wright, Brian D., "The Effects of Price Uncertainty on the Factor Choices of the Competitive Firm." Southern Economic Journal, October 1984, 443-55.
24. Zilcha, Itzhak and Rafael Eldor, "Exporting Firm and Forward Markets: The Multiperiod Case." Journal of International Money and Finance, January 1991, 108-17.
25. Zilcha, Itzhak and Udo Broll, "Optimal Hedge by Firms with Multiple Sources of Risky Revenues." Economics Letters, August 1992, 473-77.