Do Exporters Cut the Hedge? Who Hedges and Why

@inproceedings{Fabling2008DoEC,
  title={Do Exporters Cut the Hedge? Who Hedges and Why},
  author={Richard Fabling and Arthur Grimes},
  year={2008}
}
We use data derived from the Longitudinal Business Database (LBD) to analyse the currency denomination and hedging behaviour of New Zealand merchandise exporters. For instance: In which currencies are New Zealand merchandise exports by country of destination denominated? Do different types of firms (e.g. by size or sector) display different hedging practices? Does the ‘cost’ of hedging (forward points) make any difference to hedging decisions? Is hedging consistent over the exchange rate cycle… CONTINUE READING

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