메뉴 건너뛰기




Volumn 23, Issue 5, 2004, Pages 785-798

Optimal bidding and hedging in international markets

Author keywords

Currency futures; Currency options; Prudence; Uncertain risk exposure

Indexed keywords


EID: 0344528539     PISSN: 02615606     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jimonfin.2004.03.003     Document Type: Article
Times cited : (10)

References (32)
  • 3
    • 38249001834 scopus 로고
    • Optimal hedging in a futures market with background noise and basis risk
    • Briys E. Crouhy M. Schlesinger H. Optimal hedging in a futures market with background noise and basis risk European Economic Review 37 5 1993 949-960
    • (1993) European Economic Review , vol.37 , Issue.5 , pp. 949-960
    • Briys, E.1    Crouhy, M.2    Schlesinger, H.3
  • 4
    • 38249011746 scopus 로고
    • Exchange rate uncertainty, futures markets and the multinational firm
    • Broll U. Zilcha I. Exchange rate uncertainty, futures markets and the multinational firm European Economic Review 36 4 1992 815-826
    • (1992) European Economic Review , vol.36 , Issue.4 , pp. 815-826
    • Broll, U.1    Zilcha, I.2
  • 9
    • 0039730589 scopus 로고
    • Optimal hedging of uncertain and long-term foreign exchange exposure
    • Eaker M.R. Grant D. Optimal hedging of uncertain and long-term foreign exchange exposure Journal of Banking and Finance 9 2 1985 221-231
    • (1985) Journal of Banking and Finance , vol.9 , Issue.2 , pp. 221-231
    • Eaker, M.R.1    Grant, D.2
  • 10
    • 84977335861 scopus 로고
    • Currency option bonds, puts and calls on spot exchange and the hedging of contingent foreign earnings
    • Feiger G.M. Jacquillat B. Currency option bonds, puts and calls on spot exchange and the hedging of contingent foreign earnings Journal of Finance 34 5 1979 1129-1139
    • (1979) Journal of Finance , vol.34 , Issue.5 , pp. 1129-1139
    • Feiger, G.M.1    Jacquillat, B.2
  • 11
    • 0035609623 scopus 로고    scopus 로고
    • The demand for hedging with futures and options
    • Frechette D.L. The demand for hedging with futures and options Journal of Futures Markets 21 8 2001 693-712
    • (2001) Journal of Futures Markets , vol.21 , Issue.8 , pp. 693-712
    • Frechette, D.L.1
  • 12
    • 84993843447 scopus 로고
    • Risk management: Coordinating corporate investment and financing policies
    • Froot K.A. Scharfstein D.S. Stein J.C. Risk management: coordinating corporate investment and financing policies Journal of Finance 48 5 1993 1629-1658
    • (1993) Journal of Finance , vol.48 , Issue.5 , pp. 1629-1658
    • Froot, K.A.1    Scharfstein, D.S.2    Stein, J.C.3
  • 13
    • 0038944886 scopus 로고
    • The foreign exchange option as a hedging tool
    • D.R. Lessard (Ed.), John Wiley, New York
    • Giddy I.H. The foreign exchange option as a hedging tool Lessard D.R. (Ed.). International Financial Management: Theory and Application 1985 343-355 John Wiley New York
    • (1985) International Financial Management: Theory and Application , pp. 343-355
    • Giddy, I.H.1
  • 14
    • 0002541131 scopus 로고
    • Precautionary saving in the small and in the large
    • Kimball M.S. Precautionary saving in the small and in the large Econometrica 58 1 1990 53-73
    • (1990) Econometrica , vol.58 , Issue.1 , pp. 53-73
    • Kimball, M.S.1
  • 15
    • 0000211703 scopus 로고
    • Standard risk aversion
    • Kimball M.S. Standard risk aversion Econometrica 61 3 1993 589-611
    • (1993) Econometrica , vol.61 , Issue.3 , pp. 589-611
    • Kimball, M.S.1
  • 16
    • 85008744819 scopus 로고
    • Production, hedging, and speculative decisions with options and futures markets
    • Lapan H. Moschini G. Hanson S.D. Production, hedging, and speculative decisions with options and futures markets American Journal of Agricultural Economics 73 1 1991 66-74
    • (1991) American Journal of Agricultural Economics , vol.73 , Issue.1 , pp. 66-74
    • Lapan, H.1    Moschini, G.2    Hanson, S.D.3
  • 17
    • 84916296747 scopus 로고
    • Saving and uncertainty: The precautionary demand for saving
    • Leland H.E. Saving and uncertainty: the precautionary demand for saving Quarterly Journal of Economics 82 3 1968 465-473
    • (1968) Quarterly Journal of Economics , vol.82 , Issue.3 , pp. 465-473
    • Leland, H.E.1
  • 19
    • 0036110231 scopus 로고    scopus 로고
    • Delivery risk and the hedging role of options
    • Lien D. Wong K.P. Delivery risk and the hedging role of options Journal of Futures Markets 22 4 2002 339-354
    • (2002) Journal of Futures Markets , vol.22 , Issue.4 , pp. 339-354
    • Lien, D.1    Wong, K.P.2
  • 20
    • 26144435481 scopus 로고    scopus 로고
    • Hedging mismatched currencies with options and futures
    • Discussion Paper No. 388. School of Economics and Finance, University of Hong Kong
    • Lien, D., Tse, M.K.S., Wong, K.P., 2002. Hedging mismatched currencies with options and futures. Discussion Paper No. 388. School of Economics and Finance, University of Hong Kong.
    • (2002)
    • Lien, D.1    Tse, M.K.S.2    Wong, K.P.3
  • 21
    • 0000079785 scopus 로고
    • Hedging price risk with options and futures for the competitive firm with production flexibility
    • Moschini G. Lapan H. Hedging price risk with options and futures for the competitive firm with production flexibility International Economic Review 33 3 1992 607-618
    • (1992) International Economic Review , vol.33 , Issue.3 , pp. 607-618
    • Moschini, G.1    Lapan, H.2
  • 22
    • 21844496047 scopus 로고
    • The hedging role of options and futures under joint price, basis, and production risk
    • Moschini G. Lapan H. The hedging role of options and futures under joint price, basis, and production risk International Economic Review 36 4 1995 1025-1049
    • (1995) International Economic Review , vol.36 , Issue.4 , pp. 1025-1049
    • Moschini, G.1    Lapan, H.2
  • 24
    • 0002083893 scopus 로고
    • On the theory of the competitive firm under price uncertainty
    • Sandmo A. On the theory of the competitive firm under price uncertainty American Economic Review 61 1 1971 65-73
    • (1971) American Economic Review , vol.61 , Issue.1 , pp. 65-73
    • Sandmo, A.1
  • 28
    • 45149135691 scopus 로고
    • Managerial discretion and optimal financial policies
    • Stulz R. Managerial discretion and optimal financial policies Journal of Financial Economics 26 1 1990 3-27
    • (1990) Journal of Financial Economics , vol.26 , Issue.1 , pp. 3-27
    • Stulz, R.1
  • 29
    • 26144468490 scopus 로고    scopus 로고
    • Production flexibility and hedging
    • Discussion Paper No. 383. School of Economics and Finance, University of Hong Kong
    • Wong, K.P., 2002. Production flexibility and hedging. Discussion Paper No. 383. School of Economics and Finance, University of Hong Kong.
    • (2002)
    • Wong, K.P.1
  • 30
    • 0141563568 scopus 로고    scopus 로고
    • Currency hedging with options and futures
    • Wong, K.P., 2003a. Currency hedging with options and futures. European Economic Review 47 (5), 833-839.
    • (2003) European Economic Review , vol.47 , Issue.5 , pp. 833-839
    • Wong, K.P.1
  • 31
    • 0344980742 scopus 로고    scopus 로고
    • Export flexibility and currency heding
    • Wong, K.P., 2003b. Export flexibility and currency heding. International Economic Review 44 (4), 1295-1312.
    • (2003) International Economic Review , vol.44 , Issue.4 , pp. 1295-1312
    • Wong, K.P.1
  • 32


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.