Alfaro, Laura, Calani, Mauricio and Varela, Liliana (2024) Firms, currency hedging, and financial derivatives. In: Caporale, Guglielmo Maria, (ed.) Handbook of Financial Integration. Research Handbooks in Money and Finance series. Elgar, Cheltenham, UK, 340 - 370. ISBN 9781803926360
Full text not available from this repository.Abstract
The use of foreign currency is prevalent in international markets. Firms in international trade and capital markets must decide how to cope with foreign currency risk associated with buying inputs and selling output abroad, how to define its financing, and how optimally allocate international assets. This chapter overviews the emerging literature exploiting new granular data sets and analyzing the use of FX derivatives and currency risk management, which are both shaped by the existence of financial frictions.
| Item Type: | Book Section |
|---|---|
| Official URL: | https://www.e-elgar.com/shop/gbp/handbook-of-finan... |
| Additional Information: | © 2024 The Editor |
| Divisions: | Finance |
| Subjects: | H Social Sciences > HG Finance |
| Date Deposited: | 18 Jul 2024 08:06 |
| Last Modified: | 18 Jul 2024 16:04 |
| URI: | http://eprints.lse.ac.uk/id/eprint/124274 |
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