Hedging, Speculation, and Investment in Balance-Sheet Triggered Currency Crises
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- Andreas Röthig & Willi Semmler & Peter Flaschel, 2007. "Hedging, Speculation, And Investment In Balance-Sheet Triggered Currency Crises ," Australian Economic Papers, Wiley Blackwell, vol. 46(3), pages 224-233, September.
- Röthig, Andreas & Semmler, Willi & Flaschel, Peter, 2006. "Hedging, speculation, and investment in balance-sheet triggered currency crises," Darmstadt Discussion Papers in Economics 168, Darmstadt University of Technology, Department of Law and Economics.
References listed on IDEAS
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- Gerald D. Gay & Jouahn Nam, 1998. "The Underinvestment Problem and Corporate Derivatives Use," Financial Management, Financial Management Association, vol. 27(4), Winter.
- Albuquerque, Rui, 2007. "Optimal currency hedging," Global Finance Journal, Elsevier, vol. 18(1), pages 16-33.
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- repec:spr:lnecms:978-3-642-01565-6 is not listed on IDEAS
- Semmler, Willi & Bernard, Lucas, 2012.
"Boom–bust cycles: Leveraging, complex securities, and asset prices,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 81(2), pages 442-465.
- Willi Semmler & Lucas Bernard, 2011. "Boom-Bust Cycles: Leveraging, Complex Securities, and Asset Prices," DEGIT Conference Papers c016_034, DEGIT, Dynamics, Economic Growth, and International Trade.
More about this item
KeywordsMundell-Fleming-Tobin model; foreign-debt financed investment; currency crises; real crises; currency futures; hedging; speculation;
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F34 - International Economics - - International Finance - - - International Lending and Debt Problems
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2006-03-11 (All new papers)
- NEP-IFN-2006-03-11 (International Finance)
- NEP-MAC-2006-03-11 (Macroeconomics)
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