• Media type: E-Book
  • Title: Investment (Export) Option Value and Exchange Rate Volatility
  • Contributor: Siqueira, Roberto [Author]; Moreira, Ajax R. [Other]
  • imprint: [S.l.]: SSRN, [2005]
  • Extent: 1 Online-Ressource (32 p)
  • Language: Not determined
  • DOI: 10.2139/ssrn.787944
  • Identifier:
  • Origination:
  • Footnote: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2005 erstellt
  • Description: In this paper we evaluate the effect of the real exchange rate volatility on the hysteresis band relative to investment plans in output and export capacity enlargement in the thirty six industrial sectors in the Brazilian input-output matrix. For this, the approach by Dixit (1989a e b) was extended to consider: a) the effect of the exchange rate volatility on the agent's income and costs; and b) on the agent's risk aversion
  • Access State: Open Access