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Hedging exchange rate risk: The multiperiod case

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  • Broll, Udo
  • Wahl, Jack E.
  • Zilcha, Itzhak

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  • Broll, Udo & Wahl, Jack E. & Zilcha, Itzhak, 1999. "Hedging exchange rate risk: The multiperiod case," Research in Economics, Elsevier, vol. 53(4), pages 365-380, December.
    • Handle: RePEc:eee:reecon:v:53:y:1999:i:4:p:365-380
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    References listed on IDEAS

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    1. Sergio H. Lence & Dermot J. Hayes & Yong Sakong, 1994. "Multiperiod Production with Forward and Option Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(2), pages 286-295.
    2. Zilcha, Itzhak & Eldor, Rafael, 1991. "Exporting firm and forward markets: the multiperiod case," Journal of International Money and Finance, Elsevier, vol. 10(1), pages 108-117, March.
    3. Froot, Kenneth A & Scharfstein, David S & Stein, Jeremy C, 1993. "Risk Management: Coordinating Corporate Investment and Financing Policies," Journal of Finance, American Finance Association, vol. 48(5), pages 1629-1658, December.
    4. Benninga, Simon & Eldor, Rafael & Zilcha, Itzhak, 1985. "Optimal international hedging in commodity and currency forward markets," Journal of International Money and Finance, Elsevier, vol. 4(4), pages 537-552, December.
    5. Henk Berkman & Michael E. Bradbury, 1996. "Empirical Evidence on the Corporate Use of Derivatives," Financial Management, Financial Management Association, vol. 25(2), Summer.
    6. Kihlstrom, Richard E. & Mirman, Leonard J., 1974. "Risk aversion with many commodities," Journal of Economic Theory, Elsevier, vol. 8(3), pages 361-388, July.
    7. Smith, Clifford W. & Stulz, René M., 1985. "The Determinants of Firms' Hedging Policies," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 20(4), pages 391-405, December.
    8. Kawai, Masahiro & Zilcha, Itzhak, 1986. "International trade with forward-futures markets under exchange rate and price uncertainty," Journal of International Economics, Elsevier, vol. 20(1-2), pages 83-98, February.
    9. Gershon Feder & Richard E. Just & Andrew Schmitz, 1980. "Futures Markets and the Theory of the Firm under Price Uncertainty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 94(2), pages 317-328.
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    Citations

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    Cited by:

    1. Franke, Günter, 2004. "Präferenzfreie Strategien zum Absichern von Wechselkursrisiken," CoFE Discussion Papers 04/07, University of Konstanz, Center of Finance and Econometrics (CoFE).
    2. Broll, Udo & Battermann, Harald L. & Wahl, Jack E., 2006. "Utility Functions of Equivalent Form and the Effect of Parameter Changes on Optimum Decision Making," Dresden Discussion Paper Series in Economics 02/06, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    3. Broll, Udo & Wahl, Jack E. & Wessel, Christoph, 2009. "Export and benefits of hedging in emerging economies," Dresden Discussion Paper Series in Economics 10/09, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    4. Claus-Friedrich Laaser & Franco Reither & Holger Görg & Udo Broll & Christian Pierdzioch, 2000. "Book reviews," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 136(3), pages 560-571, September.
    5. Wahl, Jack E. & Broll, Udo, 2009. "Güterwirtschaftliches Risikomanagement: Ein Entscheidungsmodell zur Lagerpolitik bei Unsicherheit," Dresden Discussion Paper Series in Economics 14/09, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    6. Buhl, Hans Ulrich & Strauß, Sofie & Wiesent, Julia, 2011. "The impact of commodity price risk management on the profits of a company," Resources Policy, Elsevier, vol. 36(4), pages 346-353.
    7. Broll, Udo & Wahl, Jack E., 2006. "Value at risk, Equity and Diversification," Dresden Discussion Paper Series in Economics 03/06, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    8. Jaenicke, Johannes, 2001. "Price and hedging policy: The case of an intertemporarily risk averse bank," Economics Letters, Elsevier, vol. 71(3), pages 391-396, June.

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