Sökning: "equity premium"
Visar resultat 1 - 5 av 19 avhandlingar innehållade orden equity premium.
1. Essays in Financial Economics
Sammanfattning : Chapter 1 develops a framework to investigate the impact of the financial crisis starting in 2007 and employs an extended GARCH model to test for spillover and contagion effects originating from the financial sector. We find that the financial crisis affects financially distressed firms more heavily than non-distressed firms. LÄS MER
2. Essays on Public Macroeconomic Policy
Sammanfattning : The thesis consists of three self-contained essays on public policy in the macroeconomy.“Government Policy in the Formal and Informal Sectors” quantitatively investigates the interaction between the firms' choice to operate in the formal or the informal sector and government policy on taxation and enforcement. LÄS MER
3. Essays on Financial Risks and the Subprime Crisis
Sammanfattning : This thesis covers the impact of the financial crisis of 2007-2009, the non-linearity in the impact of bankruptcy risk on leverage and the effect of pessimism and doubt on the equity premium. It consists of four self-contained essays. LÄS MER
4. Firms, International Competition, and the Labor Market
Sammanfattning : Essay 1: We propose a model of cross-border acquisitions in which multinational enterprises (MNEs) and private equity-firms (PE) compete over domestic assets. MNEs' advantage lies in firm-specific synergies, whereas PE-firms are good at restructuring. LÄS MER
5. Essays on International Health Economics: The Role of Health Insurance in Health Care Financing in Low- and Middle-Income Countries
Sammanfattning : The thesis consists of an introductory chapter and four independent research papers, summarized as follows. The introductory chapter discusses the role of economics in international health and the policy contributions of each of the particular papers. In addition, the data and the methods that have been used are discussed. LÄS MER