Browsing Master Thesis by Subject "financial economics"
Now showing items 41-60 of 595
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Basel III : how have banks adjusted to increase CET1 ratios?
(Master thesis, 2013)In 2010 the Basel Committee finalised the global framework called Basel III, which will have a significant impact on the global banking sector. A large part of the framework focuses on capital adequacy, where the Common ... -
Behavioral Impact of Short-Term Stock Price Trends on Equity Research : A Textual Analysis of Trend-Chasing Bias in Norwegian Equity Research Reports Covering the Oslo Stock Exchange
(Master thesis, 2023)This thesis employs XGBoost and linear regression to reveal whether short-term stock price trends can explain the variance in textual sentiment in Norwegian equity research reports covering the Oslo Stock Exchange, ... -
Behavioral Responses to the Norwegian Wealth Tax
(Master thesis, 2021)In this thesis I use a bunching design and regression discontinuity to examine how the Norwegian wealth tax affect taxpayers’ portfolio composition. The hypothesis is that taxpayers change the composition of their investment ... -
Behind the hedge : a closer study of Nordic hedge funds
(Master thesis, 2007)This Master thesis is dedicated to the performance of Nordic hedge funds. A lot of international studies have been conducted on American hedge funds, but little on Nordic funds. Common for most of these studies are that ... -
Beyond the Hype: Do Bond Investors Forgo Yield When Investing Green?: A Yield Comparison in the Nordic Secondary Bond Market
(Master thesis, 2021)Mobilizing public and private capital towards environmentally friendly projects is crucial to reaching the goals set by the Paris Agreement. Green bonds are one type of financial security that seeks to attract investment ... -
Bigger isn’t always better : A twenty-one-year study of the size effect on the Oslo Stock Exchange
(Master thesis, 2023)Our analysis reveals an average monthly size effect of 1.29 percent on the Oslo Stock Exchange from 2000 to 2020, a significance that persists after adjusting for various systematic risk factors. Despite substantial ... -
Biotech - the End of Big Pharma? Given the risks of investments in biotechnology and pharmaceutical stocks, have the returns exceeded what would be predicted by financial asset pricing models?
(Master thesis, 2022)The objective of this thesis is to investigate whether biotech and pharma stocks have exceeded the returns of what would be predicted by financial asset pricing models. More specifically, we examine whether the stocks ... -
Bitcoin in a Pandemic : Did COVID-19 cases or other factors affect Bitcoin’s return during the pandemic and did Bitcoin provide diversification benefits during this period?
(Master thesis, 2021)This master’s thesis examines if Bitcoin’s return was affected by COVID-19 cases or other factors during the pandemic and the diversification benefits of Bitcoin in European, welldiversified portfolios during this period. ... -
Bitcoin liquidity in a market microstructure
(Master thesis, 2018)This master thesis investigates Bitcoin liquidity in a market microstructure setting and has been divided into two parts. In the first part we examine whether there is any correlation between the results generated by ... -
The board of directors and underpricing in the Nordic countries : the relationship between board characterstics and short-term underpricing of IPOs
(Master thesis, 2021)This thesis examines the relationship between the characteristics of the board of directors and short term underpricing of initial public offerings, using a sample of 326 firms from the main listings of Norway, Sweden, ... -
Can default options lead to credit card default? : an empirical analysis of the effect of altered default options on credit card repayment behavior in Norway
(Master thesis, 2020)The aim of this thesis is to study the effect on repayment behavior of a regulation imposed on all Norwegian credit card issuing institutions in 2017. The intervention involved changing the invoice default option from ... -
Can European unicorns defend the high valuations? : a challenge of the post-money valuation approach
(Master thesis, 2018)We apply a DCF-based R-model on a sample of 12 European unicorns to show that postmoney valuations overstate the fair value of VC-backed companies. At best, the initial result suggests that the majority of the sample is ... -
Can LAW be justified to prevent financial instability? A cost-benefit analysis of leaning against the wind (LAW) in Norway : Evidence from a Bayesian VAR model
(Master thesis, 2022)Since the 2008 Global Financial Crisis, there has been an ongoing debate about how central banks can prevent future financial crises by mitigating the build-up of financial imbalances. We analyse the effect of incorporating ... -
Can Norwegian multi asset-class funds time the market?: an empirical study
(Master thesis, 2015)In this master thesis, we examine if Norwegian multi asset-class mutual funds (kombinasjonsfond) have the ability to time the market. Market timing skill is the ability to make successful bets on the future returns of ... -
Can price reversals on Oslo Stock Exchange be exploited?
(Master thesis, 2013)We investigate if price reversals on the Oslo Stock Exchange can be exploited using a twofold method. Our method includes stock selection based on variance ratios and simulation of portfolio performance using a contrarian ... -
Can vessel values in dry bulk be predicted? A study on the relationship between government bond yields and vessel valuations
(Master thesis, 2023)Seaborne freight of dry bulk commodities is an important gauge on the global economy. How dry bulk shipping markets move is dependent on demand and hence economic growth, further import and export volumes and commodity ... -
Can you hedge dry bulk stock prices using forward freight agreements? : a study of risk management in the dry bulk shipping stock market
(Master thesis, 2019)This thesis investigates if forward freight agreements (FFA) can be used to hedge stock price risk in the dry bulk shipping sector. We establish a cointegrated relationship between FFAs and dry bulk stock prices based ... -
Capital requirements and bank behavior : a case study of the DNB Bank Group
(Master thesis, 2014)The Basel III Capital Accord was introduced as a regulatory response to the financial crisis. Lack of sufficient capital requirements for banks was an important lesson learned after several financial institutions went ... -
Capital structure : an analysis of the shipping market
(Master thesis, 2011)Capital structure in shipping has proven to be complex. The market is known for high volatility and the financial funding alternatives have changed as a result of these cycles. This master thesis introduces the shipping ... -
Capital structure decisions : an empirical study of structured credit models
(Master thesis, 2010)There are several issues with adapting dynamic structured credit models to be applicable for values observable in reality. To use the theories, and with that the models developed, to find optimal capital structures is ...