DC 欄位 值 語言 DC.contributor 產業經濟研究所 zh_TW DC.creator 吳俊毅 zh_TW DC.creator Jyun-yi Wu en_US dc.date.accessioned 2005-7-4T07:39:07Z dc.date.available 2005-7-4T07:39:07Z dc.date.issued 2005 dc.identifier.uri http://ir.lib.ncu.edu.tw:444/thesis/view_etd.asp?URN=92424020 dc.contributor.department 產業經濟研究所 zh_TW DC.description 國立中央大學 zh_TW DC.description National Central University en_US dc.description.abstract The paper uses the model-free test, proposed by Hong et al. (2004), and threshold models to investigate whether asymmetric exchange rate exposure is detected on industry index returns in Japan. Asymmetric exposures are found to be more pronounced in the Pharmaceutical, Real State, and Air Transportation. Asymmetries may result from industry characteristics, such as pricing-to-market with market share objective, hysteresis, and asymmetric hedging. Furthermore, we find that the second-moment exposure is an important independent variable which can increase the ability of explanation in the threshold models. en_US DC.subject Exchange rate exposure en_US DC.subject Asymmetric exposures en_US DC.title Asymmetric Exchange Rate Exposure and Industry Characteristics: Evidence from Japanese Stock Returns en_US dc.language.iso en_US en_US DC.type 博碩士論文 zh_TW DC.type thesis en_US DC.publisher National Central University en_US