Transparency and Risk Sharing in International Trade

Broll U, Eckwert B, Wong KP (2014)
The Manchester School 82(6): 716-731.

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Zeitschriftenaufsatz | Veröffentlicht | Englisch
Autor
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Abstract / Bemerkung
The paper examines the impact of uncertainty on the decision problem of an international firm. The uncertainty under which the firm decides on home and foreign supply is affected by an information system that conveys public signals about the random spot exchange rate. Our notion of transparency proposes an information-based concept of uncertainty. In this setting, we revisit the link between the transparency in the foreign exchange market and the behavior of the international firm. The welfare of domestic consumers, in contrast, may increase or decrease with higher transparency in the foreign exchange market.
Erscheinungsjahr
Zeitschriftentitel
The Manchester School
Band
82
Zeitschriftennummer
6
Seite
716-731
ISSN
eISSN
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Broll U, Eckwert B, Wong KP. Transparency and Risk Sharing in International Trade. The Manchester School. 2014;82(6):716-731.
Broll, U., Eckwert, B., & Wong, K. P. (2014). Transparency and Risk Sharing in International Trade. The Manchester School, 82(6), 716-731. doi:10.1111/manc.12042
Broll, U., Eckwert, B., and Wong, K. P. (2014). Transparency and Risk Sharing in International Trade. The Manchester School 82, 716-731.
Broll, U., Eckwert, B., & Wong, K.P., 2014. Transparency and Risk Sharing in International Trade. The Manchester School, 82(6), p 716-731.
U. Broll, B. Eckwert, and K.P. Wong, “Transparency and Risk Sharing in International Trade”, The Manchester School, vol. 82, 2014, pp. 716-731.
Broll, U., Eckwert, B., Wong, K.P.: Transparency and Risk Sharing in International Trade. The Manchester School. 82, 716-731 (2014).
Broll, Udo, Eckwert, Bernhard, and Wong, Kit Pong. “Transparency and Risk Sharing in International Trade”. The Manchester School 82.6 (2014): 716-731.