Browsing Handelshøyskolen BI by Subject "samfunnsøkonomi"
Now showing items 1-20 of 74
-
Al and traditional forecasting of currency return using Diebold Li factors from commodities
(Master thesis, 2023)This research paper investigates out of sample forecasting AI compared to traditional models. The data used are oil crude futures prices and the currency pair NOK/USD. The crude oil futures prices is transformed to the ... -
An empirical study on the macroeconomic effects of immigration
(Master thesis, 2019)In this paper, we study the macroeconomic effects of an immigration shock in Sweden, using a Structural Autoregressive (SVAR) model with sign restrictions. We find that labor immigration increases output, participation ... -
Analyzing Returns and Predicting IPO Probability
(Master thesis, 2023)Analyzing returns is a practical approach to gaining insights into the growing wealth disparities. In our study, we utilize data from Norwegian firms spanning the period between 2007 and 2019. Our objective is to investigate ... -
Asset allocation of the Norwegian Government Pension Fund Global with programming in Python
(Master thesis, 2018)This thesis aims to assess if the optimal asset allocation for the Norwegian Government Pension Fund – Global could be improved. We were curious to see if we were able to optimize the portfolio by only looking at the ... -
BRICS vs. the US Dollar: Analyzing the Potential of a BRICS Reserve Currency and Leadership Challenges that may Arise
(Master thesis, 2024)Although there have been substantial changes in the global monetary structure since the 1960s, the US dollar continues to hold its position as the primary world reserve currency. For over six decades, several currencies, ... -
Buyer Power and Price Formation in Intermediate Goods Markets: a Dynamic Perspective
(Master thesis, 2021)This thesis studies how buyer power affects input prices in intermediate goods markets. The aim is to investigate how a buyer can invest to increase buyer power, and we use Inderst and Wey (2007) as a baseline for our ... -
Can Asset Pricing Theory Explain the U.S. Stock Market Returns During the COVID-19 Pandemic?
(Master thesis, 2021)The COVID-19 pandemic imposed high uncertainty to stock markets and prompted an unprecedented market reaction. This thesis investigates the suitability of asset pricing theory for explaining asset prices on U.S. stock ... -
Can Taylor rule fundamentals predict the usd/nok exchange rate?
(Master thesis, 2017)The objective of this paper is to offer new insight to the exchange rate literature by examining the predictability of the USD/NOK exchange rate. Using Taylor rule fundamentals as a predictor, we examine exchange ... -
Causality in the world of Standardisation and Technology Innovation
(Master thesis, 2024)There is surprisingly little research done on something affecting us so much in dayto-day life. We therefore chose to do a literature and case analysis to answer the questions of “How do innovations in technology precipitate ... -
Copper Price Fluctuations and the Stock Market
(Master thesis, 2021)The aim of this study is to investigate whether the fluctuations in the copper price can add predictive power to a model forecasting stock market returns. Our findings from the in-sample test are that past fluctuations ... -
Credit Spreads Predictability on Norwegian business cycles
(Master thesis, 2019)This thesis examines the predictability of corporate bond credit spreads on Norwegian business cycles. We provide evidence that credit spreads between investment-grade corporate bonds contain significant predictive ... -
Does internet usage impact voter turnout?
(Master thesis, 2017)This master thesis explores the effect of internet usage on political participation and voters’ political preferences, as measured by voter turnout and party vote shares. We conduct a two-stage least squares analysis ... -
Does residential property taxation affect the quality of municipal welfare services? Evidence from the Norwegian school system
(Master thesis, 2018)This master thesis explores the incentive effect of residential property taxation on the quality of welfare services provided by the Norwegian municipalities, where the quality of welfare services are measured by school ... -
The Dynamic Relationship between Renewable Energy Stock Indexes and Oil Prices: The Effect of Structural Demand and Supply shocks to Oil
(Master thesis, 2024)I examine the effect of oil supply and demand shocks to oil on stock indexes consisting of companies in the energy sector. The main purpose is to understand whether stock indexes in the renewable energy sector are affected ... -
Dynamics of Firm Profits and Market Power since 1955: A Divergent Relationship
(Master thesis, 2021)The central purpose of this paper is to take a step towards uncovering the determinants and persistence of profitability. To this end, the paper will employ various measures of profitability, derived from De Loecker, ... -
An Economic Assessment of The Single- Use Plastic Directive: Directive (EU) 2019/90
(Master thesis, 2023)Plastic pollution is rising as a global issue. Consequently, enormous amounts of plastic marine litter are observed worldwide in the oceans. To tackle the issue on a European level, the European Commission introduced the ... -
The effect of policies in achieving the “Norway’s Climate Action Plan for 2021 – 2030”
(Master thesis, 2023)This research paper investigates the impact of energy policies on the energy market in Norway and assesses the possibility of achieving CO2 targets set by Norwegian Ministry of Climate and Environment in the “Norway's ... -
The Effects of Fiscal Policy on the Norwegian Economy : What are the impacts of fiscal policy on output and other macroeconomic variables in the Norwegian economy?
(Master thesis, 2023)This master thesis examines the effect of fiscal policy on various macroeconomic variables in the Norwegian economy, using the recursive approach within a Structural Vector Autoregressive (SVAR) model. The main point of ... -
Effects of Insulting a Nation: An Empirical Study on the Impact of the 2010 Nobel Peace Prize on Norwegian Exports
(Master thesis, 2020)This master thesis revisits the question of the e ects of Chinese trade restriction on Norwegian exports following the awarding of the 2010 Nobel Peace Prize to Chinese dissident Liu Xiaobo. Our study contributes to ... -
Effects of Norwegian Oil Supply Shocks on the Global Oil Market: Implications for Environmental Policies
(Master thesis, 2023)We examine the effect of Norwegian supply shocks on the global oil market and evaluate the environmental consequences. In our research question, we seek to find out how the global oil market will react if we have a ...