Essays in empirical finance

Sammanfattning: This thesis consists of four self-contained essays on empirical.Motives for Entrepreneurial Saving: Evidence from Sweden evaluates the drivers of a high saving rate of entrepreneurs in Sweden. Beware of the Spider: Exchange traded funds and the 2008 short-sale ban examines short sales migration from stocks to exchange traded funds when the former is banned.Incentives of Financial Analysts: Trading Turnover and Compensation studies if sell-side security analysts that generate trading turnover receive higher compensation. Mutual Funds Flows and Investor Sentiment examines the relationship between mood in the markets and how investors allocate capital to funds.