© 1999

Exchange Rates and the Firm

Strategies to Manage Exposure and the Impact of EMU


Table of contents

  1. Front Matter
    Pages i-x
  2. Introduction and Scope of the Book

    1. Richard Friberg
      Pages 1-5
  3. The Background

    1. Front Matter
      Pages 7-7
    2. Richard Friberg
      Pages 9-19
    3. Richard Friberg
      Pages 20-22
    4. Richard Friberg
      Pages 23-32
    5. Richard Friberg
      Pages 33-35
  4. Economic Exposure

    1. Front Matter
      Pages 37-37
    2. Richard Friberg
      Pages 39-45
    3. Richard Friberg
      Pages 46-53
    4. Richard Friberg
      Pages 54-56
  5. Accounting Exposure

    1. Front Matter
      Pages 101-101
    2. Richard Friberg
      Pages 103-108
  6. EMU

    1. Front Matter
      Pages 109-109
    2. Richard Friberg
      Pages 111-115
    3. Richard Friberg
      Pages 116-118
    4. Richard Friberg
      Pages 119-140
  7. Back Matter
    Pages 153-174

About this book


The first book to provide an integrated treatment of financial and operating strategies to exchange rate variability. The choice of price-setting currency, when and how to adjust prices, the limitations of hedging and segmentation of national markets are some of the issues analyzed. The book investigates the impact of EMU.


accounting European Monetary Union exchange rates hedging macroeconomics rating science and technology

Authors and affiliations

  1. 1.Stockholm School of EconomicsSweden

About the authors

RICHARD FRIBERG (born 1967) is a research associate of the Department of Economics at the Stockholm School of Economics. His research has focused on links between firm behaviour and exchange rate risk. He co-authored a background report for the Swedish government commission on EMU and he has published in the Journal of International Economics and other major journals. In 1994-95 he spent one year as a Fulbright scholar at Massachusetts Institute of Technology.

Bibliographic information