Browsing Master Thesis by Subject "Financial Economics"
Now showing items 1-10 of 10
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AI and Firm Values: How the Release of ChatGPT Affected Expectations Toward AI-exposed Firms : A Difference-in-Differences Approach
(Master thesis, 2023)The release of ChatGPT constituted a major technology shock to AI, offering new information about AI advancement and its future potential. This paper studies the impact of the release on analyst stock recommendations and ... -
The Government Pension Fund Global: How are the bets distributed, and where is the active return created?: A holdings-based analysis of The Government Pension Fund Global’s investments in equities from 2014 to 2021.
(Master thesis, 2021)The Management of the Government Pension Fund Global (hereafter the “Fund”) is a heated topic. The Fund is managed actively to outperform the benchmark and generate a positive active return. The literature is skeptical ... -
The Impact of Carbon Emissions on US Stock Returns: An empirical study of how carbon intensity impacts financial performance
(Master thesis, 2021)The aim of this thesis is to research what effect carbon emissions have on a company's financial performance in the stock market. We want to examine if investing in greener portfolios can yield returns equal to more ... -
Liquidity in the Norwegian and Danish Covered Bond Markets: An empirical study comparing the liquidity in the secondary covered bond markets in Norway and Denmark from 2010 to 2021
(Master thesis, 2021)In this paper, we analyze and compare the liquidity in the Norwegian and Danish secondary covered bond markets using transaction data from 2010 to 2021. With sparse transaction data, measuring liquidity in the two markets ... -
Optimizing the economic value of offshore wind resources: A bottom-up valuation of an offshore wind farm, coupled with hydrogen production and energy storage
(Master thesis, 2021)In this thesis, we analyze a hypothetical offshore wind farm placed off the southwestern coast of Norway. To maximize the economic value, we examine four different scenarios to best use the electricity generated from the ... -
Searching for Inflation: An Empirical Study of Real-Time Micro Behaviour Data on InflationNowcasts
(Master thesis, 2022)This thesis introduces the application of real-time micro behaviour data in inflationnowcasts. Our study analyses if ARIMA models extended with Google search dataimproves the prediction of divisions of inflation compared ... -
Sentiment Analysis in The Norwegian Housing Market: Evaluating the inferential and predictive power of sentiment scores on housing price using linear modelling and machine learning
(Master thesis, 2021)In this thesis, we investigate how information and sentiment provided through news media affect prices in the Norwegian housing market. Our analysis is based on news articles from selected Norwegian news outlets, transaction ... -
SPACs – Experts on Taxation?: An empirical study of SPACs and the role of taxation in their choice of jurisdiction
(Master thesis, 2021)A Special Purpose Acquisition Company (SPACs) is a listed shell company that raises money from the public markets for the purpose of acquiring a private company (Deloitte, 2020). This thesis investigates the structure ... -
The Value of Equity Analysts: An Empirical Study of the Informativeness of Analyst Revisions
(Master thesis, 2021)This thesis investigates the informativeness of analyst recommendation revisions and target price revisions in absence of recommendation changes. The 69 companies included in the Oslo Børs Benchmark Index (OSEBX) are ... -
Who Benefits in Times of Strife and Uncertainty?: A study of mining companies in the Democratic Republic of Congo
(Master thesis, 2021)In this thesis, we show that violence–escalating events lead to an increase in stock prices for mining companies holding concessions in the Democratic Republic of Congo (DRC). The increase in value is higher during the ...