Welfare Effects of Transparency in Foreign Exchange Markets : The Role of Hedging Opportunities /
This paper studies the impact of enhanced transparency on risk sharing opportunities in the foreign exchange market and the associated implications for ex ante welfare. Transparency is measured in this model by the informational content of publicly observable signals about exchange rate developments...
| Հիմնական հեղինակ: | |
|---|---|
| Այլ հեղինակներ: | |
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Շարք: | IMF Working Papers; Working Paper ;
No. 2002/219 |
| Առցանց հասանելիություն: | Full text available on IMF |