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A Comparative Static Model of the Relationship between Immigration and the Short-Run Job Prospects of Unemployed Residents

✍ Scribed by BRUCE CHAPMAN; DEBORAH COBB-CLARK

Book ID
111208260
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
931 KB
Volume
75
Category
Article
ISSN
0013-0249

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## Abstract This article analyzes the effects of the length of hedging horizon on the optimal hedge ratio and hedging effectiveness using 9 different hedging horizons and 25 different commodities. We discuss the concept of short‐ and long‐run hedge ratios and propose a technique to simultaneously e