Global ETD Search

21	Currency Rollercoaster : Trade With Exchange Rate Volatility Andersson, Felicia, Knobe Fredin, Oscar January 2024 (has links) This essay examines the relationship between exchange rate volatility, estimated using a GARCH model, and level of trade for Sweden and Finland. The data used was collected from Refinitive Eikon Datastream with monthly observations for the time period January 2005 - December 2022. The obtained results indicate that the volatility of the Swedish Krona and Euro positively increases the level of trade for Sweden respectively Finland according to the ARDL model. However, while examining different time perspectives the conclusions resulted in inconclusiveness for the countries and perspectives. The ARDL bounds test for Sweden corresponded with inconclusive results regarding a possible positive long term relationship between SEKs exchange rate volatility and level of trade. Furthermore, the Granger causality test did not state a short term relationship between the two variables for Sweden nor did it state a reversed relationship. On the other hand, for Finland, the ARDL bounds test and Granger causality test denied both a long term and short term positive relationship between the EURs exchange rate volatility and level of trade for Finland. However, for Finland a reversed Granger causality test was shown indicating that the level of trade has an impact on the volatility of the EURs exchange rate. Exchange Rate Volatility Trade Sweden Finland Euro SEK ADF ARIMA GARCH ARDL ARDL bounds test Granger causality test currency union Law of One Price Sticky prices J-curve Overshooting Business Administration Företagsekonomi Economics Nationalekonomi
22	Economic Theory and Econometric Methods in Spatial Market Integration Analysis / Ökonomische Theorie und ökonometrische Verfahren in Analysen räumlicher Marktintegration Araujo, Enciso, Sergio, René 24 May 2012 (has links) No description available. 630 Landwirtschaft Veterinärmedizin YIO 100 YJA 500 YJA 600 LMD 010 Agricultural Sciences räumlicher Marktintegration Räumliche Gleichgewichtsbedingung Gesetzes vom einheitlichen Preis Kointegration Schwellen-Vektor-Fehlerkorrektur Spatial Market Integration Spatial Equilibrium Condition Law of One Price cointegration Threshold Vector Error Correction Model 83.66
23	Empirické eseje z institucionální mikroekonomie / Empirical Essays in Institutional Microeconomics Schwarz, Jiří January 2017 (has links) The dissertation consists of three empirical papers in institutional microeconomics. The first paper examines the role of institutional quality in international trade, the second paper focuses on unintended consequences of intellectual property rights for social welfare, and the last one addresses the impact of banking on corporate financing and investment. An introductory chapter puts these three papers into perspective. In the first paper I analyze the role of institutions in price dispersion among cities in the European region in the 1996-2009 period. Using a number of institutional quality measures I find that the better the institutions, the lower the predicted dispersion. The result is robust to different specifications of the regression model and is consistent with a hypothesis that arbitrage, as an entrepreneurial activity and the main power behind the law of one price, is influenced by institutional quality. In the second paper I use a large data set of U.S. patents applied for between 1980 and 2007 by 22 large technology companies to study development of strategic patenting over time and across industries. Using two complementary methods I reveal strong evidence against the hypothesis of more strategic patenting after 1995. Contrary to the expectations, aerospace patents appear to be on average...

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