Essays about: "Linda Clement"

Found 1 essay containing the words Linda Clement.

  1. 1. The natural effect of multi-currency cross-hedging

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Lina Berg; Linda Clement; [2018]
    Keywords : Multi-currency cross-hedging; Small- and medium-sized enterprises; Conditional Value at Risk; Exchange rate risk; Business and Economics;

    Abstract : This thesis investigates the power and accuracy of the natural effect of multi-currency cross-hedging, based on the non-zero correlation between currency pairs, with the purpose of deter-mining if this could be a suitable hedging strategy for small- and medium-sized enterprises hav-ing transaction exposure to currency risk. The investigation, performed through an out-of-sample approach, is based on the minimization of the risk measure Conditional Value at Risk. READ MORE