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Competition in the U.S. Mutual Fund Industry: A performance evaluation of actively managed domestic equity mutual funds

I evaluate a total of 204 U.S. equity mutual funds split into one major group and one additional group for the time period 2002-2016. The major group consists of the ten largest U.S. mutual fund families based on AUM while the additional group consists of a sample of the remaining operative U.S. mutual fund families. The major group manages 58% of U.S. mutual fund supply, thus indicating a non-com

Price relations in energy and agricultural markets: The case of Malaysian biodiesel and palm oil

This thesis analyses price relations in Malaysian energy and agricultural markets. In partic- ular interactions among prices for biodiesel, palm oil and crude oil were studied. The levels of the series are modeled by a standard vector autoregression set-up in combination with an impulse response analysis. A multivariate GARCH was utilized for identifying possible correlations among the volatilitie

Understanding the Importance of Friendship in Young Adulthood - a Biographical Framework of Understanding the Self

This study attempts to highlight the importance of friendship in young adulthood, motivated by a curiosity of a lack of sociological attention. This is done by exploring concepts of modernity including individualism and the formation of identity. Objective: The research attempts the answer the questions: 1) how can the importance of friendship in young adulthood be understood, 2) how is the emotio

The drivers of growth and innovation in Swedish metropolitan cities since the 1980’s

Metropolitan cities are increasingly becoming the undisputed centers of growth and innovation. This thesis investigates the driving forces of urban growth and innovation in the Swedish metropolitan cities from the 1980’s and onwards through a mixed method case study. The theories of Richard Florida, Enrico Moretti and Edward Glaeser are used to form three hypotheses of how cities attract high-skil

Lenient Entry, Stringent Exit: A Political Economy of Foreign Exchange Reserve Demand and Policy in the People's Republic of China

This thesis explores the links between China’s demand for foreign exchange reserves and the political economy aspects of China’s monetary policy framework since the start of reforms in 1978. In a single-country approach focused on China, this study combines an assessment of the politico-economic factors that may have influenced China’s demand for foreign exchange reserves with a cointegration anal

Price is What You Pay, Value is What You Get - Dissecting the Quality Anomaly in US Equity Returns

The purpose of the thesis relates to the Quality anomaly observed in the US equity market, where stocks with Quality characteristics tend to outperform and have higher risk adjusted returns. By dissecting the Quality anomaly, the thesis aims to analyze the drivers of the over performance of Quality and investigate the presence of a systematic Quality premium. From previous research, three areas ha

Leo II: a distant dwarf spheroidal galaxy

Vi bor i Vintergatan, en av Universums många galaxer. Men hur bildades den, och alla andra galaxer vi kan se genom våra teleskop? Rådande teorier hävdar att för många miljarder år sedan, när Universum var ungt, bildades först små dvärggalaxer, som sedan slogs ihop till att bilda stora galaxer såsom Vintergatan. Men många detaljer i den här processen är fortfarande oklara. Därför vill vi titta på sIn this project aperture photometry has been performed for stars in the direction of the dwarf spheroidal galaxy Leo II. The observations were carried out using the Stro ̈mgren filters v, b and y, during three consecutive nights in 2003, out of which all but the first one turned out to be non-photometric. The data was reduced and calibrated (using the metallicity calibration of Calamida et al. (20

‘Hell Joseon’ - Tales from a South Korean Youth Trapped Between Past and Present

This thesis takes its outset in the newly coined expression ‘Hell Joseon’ used by the youth in South Korea. ‘Hell Joseon’ is a comparison between today’s society and the pre-modern Joseon Dynasty. By asking “what are the main characteristics of life in ‘Hell Joseon’ from a youth perspective?”, I arrive at the following conclusion. Life in ‘Hell Joseon’ is highly characterized by discrepancies betw

Antibodies : Expression, Purification and Application

En människa exponeras och angrips varje dag av virus och bakterier och immunförsvaret skyddar oss från dessa angrepp. Immunförsvaret utgörs av vita blodkroppar som bildas i benmärgen och sprids vidare ut i kroppen. De vita blodkropparna finns i många olika varianter och varje variant har en specifik uppgift. Lymfocyter är en typ av vita blodkroppar och kan dela in i två huvudgrupper: Blymfocyter oToday antibodies are an important part in the treatment of diseases such as cancer and Guillain–Barré syndrome. It is of course important to be able to regulate the levels of the antibodies in the treatment. In this study a general method for antibody production were investigated. The antibody construct was made for transportation out of the cell. Four different tagged variants of an antibody wer

Distributed Control of Dynamic Flows in Traffic Networks

In today’s society, traffic congestion is a major problem in several aspects. Apart from the obvious problem that people are losing valuable time due to the resulting delays, it also has negative impact on as well the economy as the local and global environment. With the development of sensors and navigation support, it has now become possible and thus of interest to study optimal routing of vehic

Patientens upplevelse av vårdmiljön i enkelsal kontra flersal. En litteraturstudie.

Bakgrund: sjukvården genomgår ett paradigmskifte där dagens sjukvårdsinrättningar har svårt att möta patienternas komplexa behov. Nya riktlinjer ska hjälpa till att stärka bevisen för evidensbaserad design (EBD) och mycket tyder för att enbart enkelsalar bör rekommenderas. Trots detta saknas omvårdnadsforskning inom området utifrån ett patientperspektiv. Syfte: studiens syfte var att undersöka pat

Traditionell jazz nu och då : Hälleviks tradjazzfestival analyserad genom autenticitetsglasögon

Autenticitet är ett begrepp som genomsyrar nutida musikvetenskap. Begreppet har flera innebörder. Denna kandidatuppsats använder autenticitet i betydelsen tidstrogenhet eller s.k. ljudande autenticitet. Arbetet är en studie av tradjazzfestivalen i Hällevik 2016 där sju orkestrar, enligt festivalprogrammet, har ambitionen att spela jazz så som man gjorde kring 1920 i USA. Uppsatsen besvarar frågan Authenticity is a concept that permeates contemporary musicology. The term has several meanings. In this bachelor thesis authenticity means fidelity to the time period or so-called sounding authenticity. The work is a study of the traditional jazz festival in Hällevik 2016 where seven bands, according to the festival programme, play jazz as it was played around the 1920’s in the US. The essay answ

Corruption and firm performance: An empirical study on the impact of bribe payments on the performance of Chinese firms

Corruption is often compared to a double-edged sword. While acting as a “necessary evil” to avoid bureaucratic inefficiencies such as red tape to grease the wheels of commerce, there are many other studies expressing their concerns regarding the negative effects corruption has on growth. Based on previous empirical evidence and theories such as the “rent-seeking” theory that conceptualize the rela

Effektiv projektering av broar

Marknaden för brobyggnad i Sverige är idag så god att företagen tvingas tacka nej till förfrågningar på grund av tidsbrist. Det är svårt att rekrytera nya konsulter eftersom det råder brist på arbetskraft med rätt kompetens, för att undvika att tacka nej till arbete är en potentiell lösning på tidsbristen att effektivisera arbetet. I samarbete med Skanska Tekniks brogrupp i Malmö utreder därför deThe bridge construction industry in Sweden is prospering. The situation is such that companies are forced to decline work due to lack of time. In addition, the recruitment of new consultants has been difficult owing to a shortage of labour with the right competency. To avoid the situation where companies are forced to decline new projects due to lack of resources, focus should be on improving the

Fastighetsägarens subsidiära avhjälpandeansvar - Hur ansvarsfrågan hanteras vid kommersiella fastighetsförvärv

Naturvårdsverket uppger att antalet potentiellt och bekräftat förorenade områden i Sverige under 2016 uppgick till 85 000. Siffran visar på att problemet med kontaminerad mark är tämligen omfattande. En grundsten i den svenska miljörätten är principen om att förorenaren, i detta fall verksamhetsutövaren, betalar. Vad händer om den som orsakat en föroreningsskada inte finns tillgänglig och kan stäl

Aktiva emotioner. Om emotionell styrning hos arbetslösa ungdomar

Aktivering av arbetslösa har diskuterats brett inom såväl akademin som politiken under de senaste decennierna. Fokus har ofta varit på förändrade kontraktsrelationer mellan arbetslösa och samhället där rättigheter kontra krav på motprestationer har varit i fokus. Tidigare forskning kring erfarenheter av arbetslöshet har ofta framhävt dess negativa aspekter av stigmatisering, skam och social exklud

De-securitization of coca plantation in Colombia in a ‘war on drugs’ context- A possibility opened by peace negotiations with a former enemy

This thesis intends to explain the change of strategies to address coca plantation in Colombia before and after the 2016 Peace agreement. To do so, I build a theoretical model that draws on securitization/de-securitization theory and ripeness/readiness theories. The former theory is used to explain what kind of change was there between the different strategies. In this sense, I claim that policies

Dimensionering och integration av elektronisk kommunikation i drive-by-wire system

The purpose of this thesis was to provide Uniti Sweden AB with a solution proposal regarding which motors, sensors, control units and other electrical components needed for a steer-by-wire system of a test car. The thesis resulted in new motors, sensors and electrical components for the steer-by-wire system of the test car. The solution proposal made it possible to laterally steer the test car by

Scalability study of database-backed file systems for High Throughput Computing

The purpose of this project is to study the read performance of transparent database-backed file systems, a meld between two technologies with seemingly similar purposes, in relation to conventional file systems. Systems such as the ARC middleware relies on reading several millions of files every day, and as the number of files increases, the performance suffers. To study the capabilities of a dat