The recent global financial crisis has once again shown how fragile the financial system is. This essay investigates the credit risk in the Nordic banking sector by measuring the probability of default of the six major Nordic banks. This is done by using the Merton (1974) model which utilizes stock prices as well as balance sheet data. The results are compared with an approach first suggested by H

Den ökande mängden förorenade områden runt om i världen har blivit ett allt större problem. Risken att människor, djur och miljö exponeras för skadliga ämnen ökar, liksom de kostnader som krävs för att åtgärda dessa områden. För att kunna prioritera de värst förorenade områdena för vidare åtgärder använder man sig i Sverige av Naturvårdsverkets Metodik för Inventering av Förorenade Områden, MIFO. The great number of polluted sites has become a big issue for many countries around the globe as the risk of people being exposed to hazardous substances follows. To deal with the problem within Sweden the Swedish Environmental Protection Agency (Naturvårdsverket) has developed a unified Method for Inventory of Contaminated Sites, called MIFO. In this study a number of inventories that were made

CFD simulations of direct gas injection, especially in large dual-fuel engines, can be expensive both regarding time and computational power. The nozzle area needs to be resolved with a fine mesh to capture all phenomena and for a full engine model this results in a large amount of cells. A method using a Lagrangian Particle Tracking (LPT) approach was developed to handle gas injection by injectin

Kan en cirkulär ekonomi minska byggindustrins miljöpåverkan? Processen att konstruera en byggnad är väldigt energikrävande. I en tid då världens befolkning bara ökar samtidigt som det är tydligt att vi måste anpassa oss efter de rådande klimatförändringarna spelar byggindustrin en betydande roll när det gäller att minska den mänskliga miljöpåverkan. Det är emellertid tydligt att byggindustrin ståConstruction accounts for major challenges when it comes to reducing the environmental impact. Circular economy is a concept that opens up for a more circular holistic approach and when the concept is implemented in the construction industry the concept can get the construction industry to move away from the traditional linear model. This fact opens up for a question about how circular economy can

The Swedish government started its initiative for electronic services (e-services) in 2005 to create the infrastructure for information management, optimize the government, and potentially save tax money. The technological paradigm Service-Oriented Architecture (SOA) was adopted to facilitate the Swedish government's initiative. The purpose of SOA is to increase efficiency for developing e-ser

The purpose of this paper is to investigate whether the Swedish Riksbank's repo rate has any asymmetric effects on Swedish exports and imports. This question becomes especially interesting when considered within the context of today’s unprecedented monetary policy measures. The relationship between real interest rates, real exchange rates and the current account has been exposed to extensive r

Uppsatsen studerar rättspraxis med hänseende på tillämpningen av undantaget av datorprogram från patentering enligt artikel 52 i Europeiska patentkonventionen (EPC) och om denna rättspraxis som den har utvecklats hos Europeiska patentverket (EPO) och nationella domstolar konvergerar mot en enhetlig tolkning. Utvecklingen av rättspraxis hos EPO samt i Tyskland, Storbritannien, Frankrike och NederläThe paper examines jurisprudence relating to the exclusion from patentability of programs for computers in article 52 of the European Patent Convention (EPC) and whether the case-law of the European Patent Office (EPO) and of the national courts is converging towards a common interpretation. The development of case-law at the EPO and in Germany, the United Kingdom, France and the Netherlands since

Denna studie fokuserar på agila projektmetoder men utesluter inte traditionella metoder, då de fortfarande används och de kan ställas mot det agila. De tre vanligaste agila metoderna (Scrum, Kanban och XP) samt den mest välkända traditionella metoden (Vattenfallsmetoden) behandlas. De agila metoderna fokuserar på att leverera värde till kunden och ett projekt anses avslutat när användaren är nöjd,

I och med Sveriges medlemskap i EU 1995 skedde en förändring i rättsordningen då EU-rätten överställdes nationell rätt med målet att främja den inre marknaden. Vad gäller direkta skatteområdet finns det dock ett undantag där skattesuveränitet gavs till medlemsstaterna. Av EUD-praxis har framkommit senare att medlemsstaterna trots allt måste beakta kravet på fri rörlighet då de nationella lagarna uDue to Sweden's membership in the EU in 1995, national law became subordinated under the EU law with the aim of promoting the internal market. As regards direct taxation, there is an exception where the tax sovereignty was given to the member states. The Court of Justice of the European Union (ECJ) practices have emerged later that the member states must nevertheless observe the requirement of

This thesis discusses commemoration processes of the Second World War and the Holocaust in Sweden. The timeframe for this analysis is set from 1995 on when Sweden joined the European Union and general interest in Holocaust research increased in all EU member states in the 1990s. The thesis focuses on memorials and exhibitions in Stockholm dealing with the topic. Through interviews and visual analy

The perception on innovation as a territorial phenomenon is based on successful examples of various innovative territorial agglomerations, e.g. clusters. Knowledge and industry-related information is more abundant and accessible for the firms engaged in clusters. However, rapidly growing number of innovative cross-border clusters signifies that international cooperation is also advantageous for in

Denna undersökning utforskar ett alternativ till formella utbildningar, en informell väg, till kunskap inom systemutveckling och programmering. Med hjälp av internet som primär kunskapskälla har dessa informellt lärda systemutvecklare lärt sig själva. Men är det gångbart att vara informellt lärd på dagens arbetsmarknad och hur skiljer sig en informellt lärd systemutvecklare från en formellt lärd?

Situationen för de många utsatta EU-medborgarna är en relativt ny fråga som saknar tidigare praxis på kommunal nivå. Det lämnas därför ett förhållandevis stort tolkningsutrymme som kan försvåra beslutsfattandet i frågan. Denna uppsats syftar till att skapa en förståelse för hur tjänstemännen har agerat i arbetet med utsatta EU-medborgares situation. För att få förståelsen studeras tjänstemannens r

Memory impairment has been connected to depression, however this association appears complex. Pattern separation is a specific hippocampal function, which separates similar events and stimuli into distinct memory representations. Hippocampal volume reduction has been seen in individuals suffering from depression. Multiple rodent studies have shown that adult neurogenesis in the dentate gyrus of th

Språkets påverkan på ekonomisk beteende är ett område som endast nyligen har uppmärksammats. Tidigare studier har snuddat på språkets effekt på riskbeteende, men inte undersökt detta beteende hos barn. Skillnader i språkkunskaper bland barn kan tyda på skillnader i kognitiv utveckling och därmed en förståelse av ekonomiska koncept. I ett kontrollerat experiment undersöks 20 enspråkiga och 20 flersThe effect of language on economic behavior is an area of research recently brought to public attention. Previous studies have touched upon the effect of language on risk attitudes, though this behavior in children has been studied to a lesser extent. Observing differences in language skills in children may indicate differences in developmental gains, and therefore an understanding of economic con

This paper provides an exploratory analysis about the effect of transportation infrastructure on poverty reductions in Mexico between 1990 and 2010. Using the density of highways and unprecedented official estimations of poverty at municipality level, I show that this type of infrastructure lead to reductions in poverty. On average, for every additional kilometer (km) of highway (km/100km2) povert

The purpose of this research is to calculate the price synchronicity of Shenzhen Stock Exchange and identify the different influence that the domestic institutional investors and qualified foreign institutional investors have on the price synchronicity. I come to the conclusion that there is a decreasing tendency of stock price synchronicity in Shenzhen Stock Exchange from 2007 to 2012. By regress

This bachelor thesis shows how a mobile application can be designed to have the potential to induce its users to change their energy consumption and how the application can be designed to induce the users to return to the application. The project was carried out on behalf of- and in cooperation with Öresundskraft AB. The goal of the project was to create an application that would be used by the cu

In order to increase the traffic safety on two-lane roads the Swedish Road Administration introduced new milled rumble strips in the middle of the lane. These rumble strips are a way to attract drivers attention if they are about to unintentionally leave the lane. The milled rumble strips cause both internal and external noise and vibration internally in the vehicle. The Swedish Road Administratio

This report covers how the status of roads in the service region of Linderödsåsen, can and has been mapped. An analysis of the maintenance strategy of Trafikverket, (The Swedish Transport Administration) has been made to reflect how the road network on a local level has been affected. This has been made to find areas of improvement. The content of this report is based on a compilation of interview