'Exchange Rate Risk' within the European Monetary Union? Analyzing the Exchange Rate Exposure of German Firms

2017 ◽  
Author(s):  
Oliver Entrop ◽  
Matthias Merkel
Keyword(s):  
Exchange Rate ◽  
Monetary Union ◽  
European Monetary Union ◽  
Exchange Rate Risk ◽  
European Monetary ◽  
Exchange Rate Exposure ◽  
Rate Risk ◽  
The Exchange Rate

Exchange-Rate Exposure of Taiwanese Exporting Firms

2000 ◽  
Vol 03 (02) ◽  
pp. 201-233 ◽  
Author(s):  
Chaoshin Chiao ◽  
Ken Hung
Keyword(s):  
Exchange Rate ◽  
Foreign Exchange ◽  
Firm Size ◽  
Exchange Rate Risk ◽  
Time Varying ◽  
Exporting Firms ◽  
Exchange Rate Exposure ◽  
Rate Risk ◽  
The Exchange Rate ◽  
The Government

The purpose of this paper is to investigate the exchange-rate exposure of Taiwanese exporting firms. Particularly, we consider the effects of the timing of the three liberalization events through which the government carried out explicit policies to open gradually its foreign exchange and stock markets. First, we cannot corroborate that most exporting firms are individually exposed to exchange-rate risk. However, we cannot reject that the exporting firms are jointly exposed to exchange-rate risk in all sub-periods. Second, the timing of the three liberalization events greatly affects the exchange-rate exposure of Taiwanese exporting firms. Finally, the determinants of possibly time-varying exchange-rate exposure of exporting firms are exports-to-sales ratio, firm size, and the timing of the three liberalization events.

scholarly journals Unanticipated Exchange Rate Risk And U.S. Imports

2011 ◽  
Vol 10 (4) ◽  
pp. 19
Author(s):  
Abdul H. Sukar
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Error Correction ◽  
Negative Impact ◽  
Exchange Rate Risk ◽  
Controversial Issues ◽  
Rate Risk ◽  
Significant Negative Impact ◽  
The Exchange Rate ◽  
The Relationship

<span>The effect of exchange rate risk on trade is one of the more controversial issues in international trade. This paper uses cointegration and error-correction approach to investigate the relationship between unanticipated exchange rate risk and U.S. imports over the period 1974:1-1992:4. The major finding of this study is that the exchange rate risk has a significant negative impact on U.S. imports.</span>

Exchange Rate Risk Estimates of the Foreign Contracted Projects Based on the Model of VaR

2014 ◽  
Vol 638-640 ◽  
pp. 2327-2331
Author(s):  
Li Zhu Zhao ◽  
Rui Qiang Bai ◽  
Yu Peng Shao
Keyword(s):  
Exchange Rate ◽  
Rapid Development ◽  
Simulation Method ◽  
Engineering Industry ◽  
Exchange Rate Risk ◽  
Rate System ◽  
Historical Simulation ◽  
Rate Risk ◽  
Floating Exchange Rate ◽  
The Exchange Rate

China implements a floating exchange rate system after reforming the exchange rate mechanism in 2005. So far, nearly eight years, the RMB against the U.S. dollar increased from 8.2:1 to 6.1:1. Exchange rate risk of China's foreign contracted engineering industry has become a serious problem in the rapid development of the industry situation, this paper established exchange rate forecasting model base on the model of VaR through analysis the daily average exchange rate from July 22, 2005 to September 30, 2013, and estimate the rate of return by using the variance - covariance, historical simulation method, providing a theoretical basis for avoiding the exchange rate risk of China's foreign contracted projects.

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