Sökning: "Instrumental Variables Regressions"

Visar resultat 1 - 5 av 8 uppsatser innehållade orden Instrumental Variables Regressions.

  1. 1. Insider sales

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Axel Åkerström; Simon Nyström; [2023]
    Nyckelord :Selling owners; IPO; Underpricing; Analyst coverage; Quiet period; Business and Economics;

    Sammanfattning : Course: BUSN79 - Degree Project in Accounting and Finance Authors: Simon Nyström, Axel Åkerström Advisor: Reda Moursli Key words: Selling owners, IPO, underpricing, analyst coverage, quiet period Purpose: The purpose of this thesis is to investigate if insider sales in initial public offerings affects the level of underpricing in the Swedish stock market. We further aim to evaluate if prestigious underwriters with affiliated high-quality analysts have a moderating effect on the relationship between insider sales and underpricing. LÄS MER

  3. 2. Signaling Green - The Effects of the ECB’s Asset Purchase Programme on the Green Bond Market

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Kevin Malte Stukenborg; Lukas Olin; [2020]
    Nyckelord :Green Bonds; Fixed Income Securities; ECB Asset Purchase Programme; Instrumental Variable; Signaling; Business and Economics;

    Sammanfattning : Purpose: The purpose of this study is to investigate whether the ECB’s Asset Purchase Programme has affected the yield spread of eligible green bonds. One further aim is to investigate if the partial effect of bond liquidity on the yield spread among these green bonds is associated with their eligibility for purchase by the ECB Asset Purchase Programme. LÄS MER

  4. 3. Survival Bias and the Impact of HIV on Wealth in Sub-Saharan Africa

    Master-uppsats, Göteborgs universitet/Graduate School

    Författare :Maxim Brüls; Johanna Dees; [2019-07-02]
    Nyckelord :HIV; Instrumental Variables Regressions; Rolling Window; Circumcision; Wealth; sub-Saharan Africa;

    Sammanfattning : In this paper we estimate the effect of HIV-infection on household wealth. We use circumcision status as an instrumental variable, combined with DHS data, to obtain an exogenous variation in HIV on the individual level. LÄS MER

  5. 4. Effects of Environmental, Social and Governance factors on firms' financial performance and value creation in Leveraged Buyouts

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Vittorio Basei; [2019]
    Nyckelord :Environmental; social; governance; Corporate Governance; Green initiatives; Financial performance; Europe;

    Sammanfattning : Due to the growing importance of green initiatives, this study evaluates the importance and relevancy of environmental, social and governance (ESG) practises on firms' operating and financial performance (i.e. return on assets: ROA). LÄS MER

  7. 5. Analysis of Cryptocurrency Market and Drivers of the Bitcoin Price : Understanding the price drivers of Bitcoinunder speculative environment

    Master-uppsats, KTH/Industriell ekonomi och organisation (Inst.)

    Författare :Yasar Kaya; [2018]
    Nyckelord :bitcoin; speculation; weekend-effect; bitcoin price drivers; LPPL; GoTrend; VIX; speculative bubbles; bitcoin price movements; volatility in cryptocurrency market;

    Sammanfattning : In this paper, the price fluctuations of Bitcoin under speculative environment is studied. It has been seen that the market trend points out an existence of a speculative bubble. Over the course of the period from 2014 to 2018, the trend in price movements of bitcoin has proved to be strongly speculative. LÄS MER