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The Effects of Industry Structure on Economic Exposure

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NBER1996-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5518
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资源简介:
A firm is subject to `economic exposure' if changes in exchange rates affect the firm's value, as measured by the present value of its future cash flows. This paper shows that in many forms of competition, including the most commonly studied case of monopoly, the economic exposure of an exporting
提供机构:
美国国家经济研究局
创建时间:
1996-03-01
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