Hit or Miss: Regulating Derivative Markets to Reduce Hedging Costs at Non-Financial Companies
Name
2013-002.pdf
Description
Main article
Size
273.43 KB
Format
Adobe PDF
Checksum (MD5)
4623a05daec2a3c4ee167daec0da10ff
Author(s)
Parsons, J.E.
Date Issued
January 2012
Publisher
MIT CEEPR
Citation
WP-2013-002
Series/Report no.
Working Papers;2013-002
Abstract
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 testimony, I address what type of action is likely to be effective in reducing hedging costs at nonfinancial companies and what type of action is likely to be ineffective or counterproductive.
Terms of Use
An error occurred on the license name.
Persistent DSpace Link
