Browsing NHH Brage by Title
Now showing items 6031-6050 of 8244
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Recognizing and visualizing copulas : an approach using local Gaussian approximation
(Working paper;12/12, Working paper, 2012-06)Copulas are much used to model nonlinear and non-Gaussian dependence between stochastic variables. Their functional form is determined by a few parameters, but unlike a dependence measure like the correlation, these ... -
Recommending structured products as investment strategy : sales pitch or sound advice?
(Master thesis, 2009)This master thesis in financial economics asks whether banks have taken advantage of a superior informational position in the sale of so-called structured products. Structured products sold by Norwegian financial institutions ... -
Recovery rates in the Norwegian high yield bond market : a study on default and recovery from 01.01.2005 to 30.06.2010
(Master thesis, 2010)This thesis covers defaults in the Norwegian high yield bond market between January 1st 2005 and June 30th 2010. To a large extent, our task has been to register and document the details of all defaults that occurred within ... -
Recursive utility and disappearing puzzles for continuous-time models
(Discussion papers;2013/02, Working paper, 2013-05)Motivated by the problems of the conventional model in rational- izing market data, we derive the equilibrium interest rate and risk premiums using recursive utility in a continuous time model. Two ordinally equivalent ... -
Recursive utility and jump-diffusions
(Discussion paper;09/14, Working paper, 2014-03)We derive the equilibrium interest rate and risk premiums using recursive utility for jump-di usions. Compared to to the continuous version, including jumps allows for a separate risk aversion related to jump size risk ... -
Recursive utility and jump-diffusions
(Discussion paper;06/15, Working paper, 2015-01-30)We derive the equilibrium interest rate and risk premiums using recursive utility for jump-diffusions. Compared to to the continuous version, including jumps allows for a separate risk aversion related to jump size risk ... -
Recursive utility and the equity premium puzzle: A discrete-time approach
(Discussion papers;2013/03, Working paper, 2013-05)We study the Epstein-Zin model with recursive utility. Recognizing that recursive preferences implies that the underlying model is not Markovian, we use methods not depending upon the Markov property to solve the model. ... -
Recursive utility using the stochastic maximum principle
(Journal article; Peer reviewed, 2016)Motivated by the problems of the conventional model in rationalizing market data, we derive the equilibrium interest rate and risk premiums using recursive utility in a continuous-time model. We use the stochastic maximum ... -
Recursive utility using the stochastic maximum principle
(Discussion paper;03/14, Working paper, 2014-02)Motivated by the problems of the conventional model in rationalizing market data, we derive the equilibrium interest rate and risk premiums using recursive utility in a continuous time model. We consider ... -
Rederibeskatning : tomme trusler eller faktiske effekter?
(Master thesis, 2008)Temaet i denne utredningen er den nye rederibeskatningsordningen, og hvilke effekter den fikk på konkurranseevnen til norske rederi. Det forventes at overgangsreglene til ny rederibeskatningsordning vil medføre en svekkelse ... -
Redistribution in a divided world
(Doctoral thesis, 2000) -
Redistributive taxation and the household : the case of individual filings
(Discussion paper, Working paper, 2002-01)In this paper I look at the tax treatment of households under individual filings and characterise the efficiency properties of an income tax schedule that redistributes from rich to poor households. Because tax liabilities ... -
Redistributive taxation, multinational enterprises and economic integration
(Working paper, Working paper, 2008-03)Increased activity of multinational firms exposes national corporate tax bases to cross-country profit-shifting, but also leads to rising profitability of the corporate sector. We incorporate these two effects of economic ... -
Redistributive taxation, multinational enterprises, and economic integration
(Discussion paper, Working paper, 2008-03)Increased activity of multinational firms exposes national corporate tax bases to cross-country profit shifting, but also leads to rising profitability of the corporate sector. We incorporate these two effects of economic ... -
Reducing Early Pregnancy in Low-Income Countries : a literature review and new evidence
(Chapter; Peer reviewed, 2018) -
A reduction in the quota for Northeast Arctic cod and the income effect on the Norwegian fishing fleet
(Working paper, Working paper, 2006-06)The paper analyses the economic effect a change in TAC (Total Allowable Catch) will have on the Norwegian fishing industry. For the coming year ICES (International Council for the Exploration of the Sea) has recommended a ... -
‘Reeling in’ fish fraud : identifying the stage where seafood mislabelling occurs in Canada’s supply chain and solving it : European success adapted to Canada
(Master thesis, 2018)In Canada, there exists an epidemic of seafood fraud ad counteracting this requires an understanding of which actors are creating this issue. To do this, I created a model and used variables, including likelihood to be ... -
Reference dependent risk preferences and insurance Demand
(Master thesis, 2020)This thesis explores insurance decisions with respect to modest risks. Bernoulli’s expected utility theory is compared to a model where utility depends on both final wealth and changes in wealth relative to some reference ... -
Reference pricing of pharmaceuticals
(Discussion paper, Working paper, 2005-11)We consider a therapeutic market with potentially three pharmaceutical firms. Two of the firms offer horizontally differentiated brand-name drugs. One of the brand-name drugs is a new treatment under patent protection ... -
Reference pricing with endogenous generic entry
(Discussion paper;04/15, Working paper, 2015-03)In this paper we study the effect of reference pricing on pharmaceutical prices and expenditures when generic entry is endogenously determined. We develop a Salop-type model where a brand-name producer competes with generic ...