JER, 第 12 卷,第 1-2 期Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 2007 |
搜尋書籍內容
第 1 到 3 筆結果,共 23 筆
第 119 頁
... hedging effectiveness among estimation methods . This study adopts the simple OLS regression approach . Although there exist presumable defects in theoretical and statistical sense , the estimation of minimum variance hedge ratio using ...
... hedging effectiveness among estimation methods . This study adopts the simple OLS regression approach . Although there exist presumable defects in theoretical and statistical sense , the estimation of minimum variance hedge ratio using ...
第 126 頁
vary by hedge type and period . On average , the cross hedges using USD tend to yield hedge ratios far less than those of the direct hedges . Table 2. Averages of hedge ratios by hedge type 1 - month 3 - month 6 - month 9 - month Hedge ...
vary by hedge type and period . On average , the cross hedges using USD tend to yield hedge ratios far less than those of the direct hedges . Table 2. Averages of hedge ratios by hedge type 1 - month 3 - month 6 - month 9 - month Hedge ...
第 127 頁
... hedge strategy out- performs no - hedge strategy regardless of hedging periods . That is , the 1 : 1 naïve hedge produces the investment returns about twice as much as those of no - hedge case . Noticeably , it completely eliminates the ...
... hedge strategy out- performs no - hedge strategy regardless of hedging periods . That is , the 1 : 1 naïve hedge produces the investment returns about twice as much as those of no - hedge case . Noticeably , it completely eliminates the ...
其他版本 - 查看全部
常見字詞
advertising activity agent alien species manager allocation analysis AOLS Bertrand game candidate quality candidate's quality Chaebol collusion regime collusion-proof congestion consumer surplus consumers cost cross hedge currency futures dependent variable DOLS Econometrics Editor-in-Chief Editorial Board effects efficient electoral female workers firm's first-best FMOLS foreign firm function futures contract Hanyang University hedge ratio high-quality candidates home firm hostile takeover incentive increase incumbency industries Japanese yen Japanese yen currency Journal of Economic Korea Korea-U.S. FTA lateral collusion low-quality candidates M&A targets marginal Midopa nomics output growth panel cointegration tests panel data panel unit root paper percent perfect Bayesian equilibrium positive quality type quota rents Regressors returns RGDP root tests sample schooling side contract signaling signaling game social welfare stock price strategy supervisor surplus tion trade trade creation unit root unit root tests utility vertical collusion vote voters wage rate Yonsei University