Exchange Rate Volatility and Exports: Estimation of Firms Risk Preferences

dc.contributor.author	Mukherjee, Soumyatanu
dc.date.accessioned	2017-06-12T05:02:54Z
dc.date.available	2017-06-12T05:02:54Z
dc.date.issued	2017-03
dc.identifier.issn	2510-1196
dc.identifier.uri	http://hdl.handle.net/2259/941
dc.description.abstract	In this companion paper to Broll and Mukherjee (2017), we empirically analyse how exchange rate volatilities a ect rms optimal production and exporting decisions. The rms elasticity of risk aversion determines the direction of the impact of exchange rate risk on exports. Based on a exible utility function that incorporates all possible risk preferences, a unique structurally estimable equation is used to estimate the risk aversion elasticities for a panel of Indian service sector (non- nancial) rms over 2004-2015, using the quantile regression method.	en_US
dc.language.iso	en	en_US
dc.publisher	Center of Public and International Economics, Technische Universität Dresden	en_US
dc.subject	Exports	en_US
dc.subject	exchange rate volatility	en_US
dc.subject	risk aversion	en_US
dc.title	Exchange Rate Volatility and Exports: Estimation of Firms Risk Preferences	en_US
dc.type	Working Paper	en_US