Equilibrium Exchange Rate Hedging
收藏NBER1989-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2947
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资源简介:
In a one-period model where each investor consumes a single good, and where borrowing and lending are private and real, there is a universal constant that tells how much each investor hedges his foreign investments. The constant depends only on average risk tolerance across investors. The same
提供机构:
美国国家经济研究局
创建时间:
1989-04-01



