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White, Joshua S.

Overview
Works: 3 works in 15 publications in 1 language and 82 library holdings
Roles: Author
Classifications: HB1,
Publication Timeline
Key
Publications about Joshua S White
Publications by Joshua S White
Most widely held works by Joshua S White
Foreign currency for long-term investors by John Y Campbell( Book )
13 editions published in 2002 in English and held by 79 libraries worldwide
Abstract: Conventional wisdom holds that conservative investors should avoid exposure to foreign currency risk. Even if they hold foreign equities, they should hedge the currency exposure of these positions and should hold only domestic Treasury bills. This paper argues that the conventional wisdom may be wrong for long-term investors. Domestic bills are risky for long-term investors, because real interest rates vary over time and bills must be rolled over at uncertain future interest rates. This risk can be hedged by holding foreign currency if the domestic currency tends to depreciate when the domestic real interest rate falls, as implied by the theory of uncovered interest parity. Empirically this effect is important and can lead conservative long-term investors to hold more than half their wealth in foreign currency
The missing pieces : physical layer optical network security by Joshua S White( Book )
1 edition published in 2008 in English and held by 2 libraries worldwide
Foreign currency for long-term investors by John Y Campbell( Article )
1 edition published in 2002 in English and held by 1 library worldwide
 
Languages
English (15)
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