Jack E Wahl
Biographic Data
| ID | 5935333 |
|---|---|
| NAME | Jack E Wahl |
| GIVEN NAMES | Jack E |
| FAMILY NAME | Wahl |
| SIGNATURE | WAHL J E |
| AFFILIATIONS | TU Dortmund University |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1993 |
| LATEST PUBLICATION YEAR | 2007 |
| H-INDEX | 0 |
Differential Taxation and Corporate Futures-Hedging
Using a two-moment decision model, this paper analyzes corporate hedging behavior in the presence of differential versus unified income taxation. We start with the well-known result that risk-taking may increase when income tax rates increase and, therefore, the incentive for hedging decreases. We demonstrate that pure hedging is differently affected by taxation from the way speculative hedging is. Analyzing the tax sensitivity of the corporate h…
Missing risk sharing markets and the benefits of cross-hedging in developing countries
Multinational Firm, Foreign Production, and Hedging Behaviour
This paper presents a model of a risk-averse multinational firm under exchange rate risk. The authors show that the firm's foreign production decision and its intrafirm trade transactions can be separated from its hedging behavior if forward markets are available. As a result, a separation theorem holds for a multinational firm: intrafirm trade, foreign production, and domestic production are determined (as in the certainty case) simultaneously b…
No prominent works on this page.
Multinational Firm, Foreign Production, and Hedging Behaviour
This paper presents a model of a risk-averse multinational firm under exchange rate risk. The authors show that the firm's foreign production decision and its intrafirm trade transactions can be separated from its hedging behavior if forward markets are available. As a result, a separation theorem holds for a multinational firm: intrafirm trade, foreign production, and domestic production are determined (as in the certainty case) simultaneously b…
Missing risk sharing markets and the benefits of cross-hedging in developing countries
Differential Taxation and Corporate Futures-Hedging
Using a two-moment decision model, this paper analyzes corporate hedging behavior in the presence of differential versus unified income taxation. We start with the well-known result that risk-taking may increase when income tax rates increase and, therefore, the incentive for hedging decreases. We demonstrate that pure hedging is differently affected by taxation from the way speculative hedging is. Analyzing the tax sensitivity of the corporate h…
Economics (3 works) · Business (2 works) · Financial economics (2 works) · Production (economics (2 works) · Risk Management in Financial Firms (2 works) · Asset (computer security (1 work) · Citation (1 work) · Computer Science (1 work) · Constructive (1 work) · Corporate Taxation and Avoidance (1 work)