Master theses: Recent submissions
Now showing items 421-440 of 1953
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Environmental knowledge and motivated beliefs in flight consumption -An economic approach to cognitive dissonance and motivated reasoning
(2020-07-10)Growing concerns for increasing consumption, and its impact on global warming, have led interest groups to press individuals and politicians to take action. The environmental movement focus on moral values and attitudes ... -
Entry and Competition with Product Differentiation: The Case of Swedish Concentrated Markets
(2020-07-10)Empirical investigations into competitive behaviour on different markets is important since it does not exist one single theoretical model of competition. This thesis empirically investigates the competitiveness in a number ... -
Does Proximity Matter? A quantitative study of residential return after a hypothetical nuclear accident in Sweden
(2020-07-10)After observing an unwillingness to return among the residents in Fukushima following the nuclear accident in 2011, the question has been raised whether a similar response to a nuclear fallout should be expected among ... -
Teacher certification and student achievement - A quantitative study of Swedish compulsory schools
(2020-07-10)This paper aims to study the impact of teacher certification on student achievement in Swedish compulsory schools by using panel data from the Swedish National Agency for Education for the period 2014/2015 – 2018/2019. In ... -
Political reservations and women’s economic activity in India
(2020-07-10)Gender equality is important for economic development. In this paper, I will investigate the relationship between women's political reservation in local governance in India and women's economic activity within the labour ... -
Getting a grip on the effect of preventive public health interventions – A study of the economic benefits of subsidized ice cleats
(2020-07-10)Purpose: This thesis studies an ice cleat subsidy programme for seniors introduced in 2018 by Region Jönköping in Sweden. The aim of the study is to examine whether the subsidy was a cost-effective way of decreasing the ... -
Excess Cash holdings and Acquisitions: A study on Nordic firms
(2020-07-08)By adapting a well-recognized model for estimating normal cash holdings, this study examines if Nordic public firms with excess cash have a higher likelihood of performing acquisitions. Given that firms have access to ... -
GARCH and GAS: Comparison of volatility models for Bitcoin in different exchanges
(2020-07-08)Different characteristics of cryptocurrencies have been investigated by a number of studies. In this study, I focus on conditional volatility of Bitcoin in three exchanges which are Coinbase, Bitfinex and Bitstamp. I ... -
Quantitative tactical asset allocation: Using the VIX to exploit bull and bear market movements in a Mean-Variance portfolio
(2020-07-08)The Chicago Board Options Exchange (CBOE) Volatility Index (VIX) is known as being an indicator of fear, often referred to as the fear index. Low volatility indicates tranquility in the market, whereas high volatility ... -
Value Relevance of R&D Advances in the US Biotechnology Industry
(2020-07-08)We investigate the value relevance of non-financial information in the US biotechnology industry by studying the stock market reactions to announcements of drug development outcomes for a sample period of 10 years (from ... -
What does private equity buy? – A comparison between financial and strategic buyers in European PTP transactions 2005-2019
(2020-07-08)This paper outlines a new approach to the takeover literature by comparing target characteristics between financial and strategic buyers in announced European Public-to-Private transactions from 2005 to 2019. We compare ... -
Market efficiency and index fund flow: An empirical study of the relationship between passive investment and broad-market efficiency
(2020-07-08)An observable rise in the popularity of index funds have caused the index funds to, in 2017, capture 20% of total fund assets globally. A cornerstone of such passive investment is a belief in an efficiently priced security ... -
A Quantitative Evaluation of Systemic Risk in the European Banking Sector
(2020-07-07)This paper proposes a cross-section analysis of systemic risk in the European banking sector. The absence of a general definition of systemic risk makes it difficult to use a single, practically relevant model. Therefore, ... -
MERGING MOMENTUM -THE EFFECTS OF COMBINED CRASH MITIGATING STRATEGIES
(2020-07-07)Momentum strategies offer tempting expected returns but suffer from occasional momentum crashes. Crash mitigating strategies, such as the Absolute momentum (Gulen and Petkova, 2018) and Extreme absolute strength momentum ... -
CREATING VALUE THROUGH SPIN-OFFS: EVIDENCE FROM EUROPE
(2020-07-07)This thesis investigates the long-term wealth effects from a sample of 134 spin-off transactions that were closed between January 2000 and September 2019. We document positive and significant average buy-and-hold abnormal ... -
Return Differences on the Swedish Stock Market When Incorporating Different Value-Factors
(2020-07-07)In this paper, we investigate the predictability in stocks return on the Swedish equity market between 2006 and 2017. Answering the question, what is the differences in using Fama-French three-factor model when applying ... -
Financial Characteristics of Firms With High ESG Scores
(2020-07-07)This study investigates the impact of Corporate Financial Performance (CFP) on Environmental, Social and Governance (ESG) measures. A large part of earlier literature concerns the effect of ESG on CFP. In later years, some ... -
Momentum and Trend in Sweden: Enhancing profits and limiting downside risk by using indicators from different time horizons
(2020-07-07)Although being one of the most robust anomalies ever discovered, the momentum factor occasionally suffer big losses during market recessions periods. We apply and compare different factor models, and find that when sorting ... -
THE MARKET'S REACTION TO THE BASEL IV ANNOUNCEMENT
(2020-07-07)Stricter capital requirement for banks is one of the key measures to make the banking system more resilient and eventually counteract financial crises. Established by the Basel Committee on Banking Supervision (BCBS) ... -
Estimating Marketability Discounts in Sale Restricted Options Using Compound Option Pricing Theory
(2020-07-07)This thesis presents a method for estimating the discount for lack of marketability (DLOM) in call options which are restricted for sale. The DLOM is modeled as a put option on the restricted call option, known as a ...