Hit or Miss: Regulating Derivative Markets to Reduce Hedging Costs at Non-Financial Companies
Derivative markets are an important tool enabling non‐financial companies to reduce their risk and manage their financing. Effective regulation of these markets can lower companies hedging costs and help improve productivity. Ineffective regulation can raise costs and reduce productivity. In this te...
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Format: | Working Paper |
Language: | en_US |
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MIT CEEPR
2013
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Online Access: | http://hdl.handle.net/1721.1/76235 |