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dc.contributor.authorChouliaras, Nicolas Koller
dc.contributor.authorDramstad, Marius
dc.date.accessioned2017-05-16T09:37:00Z
dc.date.available2017-05-16T09:37:00Z
dc.date.issued2016
dc.identifier.urihttp://hdl.handle.net/11250/2442606
dc.descriptionMasteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2016nb_NO
dc.description.abstractThis thesis concerns the topic of uncertainty and its application to economics. Uncertainty is a situation which involves imperfect and/or lack of information necessary for the prediction of future events. In this study, we are in particular concerned with macroeconomic uncertainty and it’s relation to the stock price variations in the US financial markets. Our results indicate that the macroeconomic uncertainty is dependent on the stock market’s interpretation of macroeconomic news. We also find that macro uncertainty is positively related to the volume of trade and the stock price volatility. It is suggested that an aggregate measure of cross-sectional analyst dispersion, could serve as a proxy for macro uncertainty.nb_NO
dc.language.isoengnb_NO
dc.publisherBI Norwegian Business Schoolnb_NO
dc.subjectfinansnb_NO
dc.subjectfinancenb_NO
dc.subjectfinancial economicsnb_NO
dc.titleDoes macro uncertainty affect stock markets?nb_NO
dc.typeMaster thesisnb_NO


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