RISK SHARING MARKETS AND INTERNATIONAL-TRADE

被引：0

作者：

BROLL, U ^{[1
]}

WAHL, J ^{[1
]}

机构：

[1] UNIV KONSTANZ,FAK WIRTSCHAFTSWISSENSCH & STAT,W-7750 CONSTANCE 1,GERMANY

来源：

JAHRBUCHER FUR NATIONALOKONOMIE UND STATISTIK | 1992年 / 210卷 / 1-2期

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We present a model of a competitive risk-averse exporting firm under exchange rate uncertainty. If currency forwards are available neither the distribution parameters of the spot exchange rate nor the risk aversion of the firm have any impact on its export decision. If currency put options are considered, instead, exports depend on the firm's risk aversion and spot rate distribution.

引用

页码：64 / 71

页数：8

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