Concept
Foreign exchange risk
Related publications (32)
Essays in Empirical Corporate Finance
This dissertation consists of three chapters. The first chapter examines whether the availability of credit default swaps (CDS) has consequences for creditor governance. CDSs offer creditors the opportunity to hedge credit risk and may impact their willing ...
EPFL2015Yes, no, maybe: the ambiguous relationship between State-owned Enterprise and the State
Matthias Finger, Carole Juliane Isabelle Rentsch
Liberalization and the introduction of sector-specific regulators has caused the position of State-owned enterprises (SOEs) of network industries to change not only within national economies, but also vis-a-vis their respective States. In response, many SO ...
Wiley_Blackwell2015Liquidity in the Foreign Exchange Market: Measurement, Commonality, and Risk Premiums
Loriano Mancini, Angelo Ranaldo
We provide the first systematic study of liquidity in the foreign exchange market. We find significant variation in liquidity across exchange rates, substantial illiquidity costs, and strong commonality in liquidity across currencies and with equity and bo ...
Wiley-Blackwell2013