The Evidence

Richard Friberg
Additional contact information
Richard Friberg: Stockholm School of Economics

Chapter 7 in Exchange Rates and the Firm, 1999, pp 46-53 from Palgrave Macmillan

Abstract: Abstract Think of an asset with value V where V depends on a number of variables some of which are exchange rates. The value is the sum of future discounted cash flows. Let E denote expectation and ∂ denote partial derivative, the economic exposure of this asset to currency ei is then given by (7.1) Exposure of V to e i = E ( ∂ V ∂ e i ) $$ {\text{Exposure of }}V{\text{ to }}{e_i} = E\left( {\frac{{\partial V}}{{\partial {e_i}}}} \right) $$

Keywords: Exchange Rate; Stock Market; Real Exchange Rate; Exchange Rate Change; Exchange Rate Movement (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98237-2_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780333982372

DOI: 10.1057/9780333982372_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().