Filtyp
Pricing a Basket option for Foreign Exchange (FX) both with Monte Carlo (MC) techniques and built on different approximation techniques matching the moments of the Basket option. The thesis is built on the assumption that each underlying FX spot can be represented by a geometric Brownian motion (GBM) and thus have log normally distributed FX returns. The values derived from MC and approximation ar
For banks to adjust to the changing financial environment, it is essential to understand how the foreign exchange market impacts them. The purpose of this master thesis is to evaluate the effect of exchange rates movement on fourteen listed Chinese banks’ equity returns, by using the Arbitrage Pricing Theory Model. In particular, this paper analyses the three foreign currencies holding the largest
I denna uppsats undersöks vilka prisdeterminanterna är för fotbollsbiljetter, således vad som styr vilken kostnad konsumenten möter för att besöka en fotbollsmatch. Utgångspunkten för arbetet är den nya vågen av nybyggnationer av fotbollsarenor i Sverige, och att samtliga av dessa kan klassificeras som postmoderna arenor. Detta innebär att de erbjuder mer än enbart en åskådarplats för en fotbollsm
In this thesis four economic incentives to reduce exhaust emissions of carbon dioxide are studied. The incentives are: the carbon dioxide tax, carbon dioxide differentiated vehicle tax, green car cash bonus and old car scrapping bonus. They are analysed and discussed in deeper theory. Where figures and numbers are available these are studied. Economically they are all more or less efficient. The e
This paper’s aim is to analyse the Irish housing cycle using filtering and regression models developed by Leamer. The paper finds that residential investment and the construction sectors have been key contributors to economic growth, and can be used in predicting the business and employment cycle. This paper focuses on the boom years of the Irish property market and its eventual cooling off, which
This project examines how a monopoly can utilise differences in the uncertainty of individual demand to discriminate between consumers. The starting point is the varying prices seen when purchasing tickets with easyJet on route they operate between Kastrup and Stansted. Two theories, advance-purchase discounts and vertical product differentiation, are presented and discussed from the airline’s pos
This study investigates whether the income is equalising across the Chinese regions. This is done by answering the research question do the Chinese regions show any signs of convergence in gross regional product (GRP). Regressions have been done using the OLS-method to find correlation between initial GRP and the growth rate in GRP. This has been done for four time periods: 1952-2007, 1952-78, 197
Checklistor för kvalitetssäkring i utvecklingsprocessen inom systemförvaltning är ett outforskat område. Problemet vi belyser är i vilka avseende checklistor fungerar som ett instrument för förbättrad användbarhet och kvalitet i förhållande till det som skall utvecklas. Vidare tittar vi på hur utvecklarna värderar hanteringen av checklistor. Vi har behandlat vilka dimensioner av systemförvaltning
The study tests if there is a significant relationship between a company´s key ratios in a year prior to a recession and its performance during it. After selecting and calculating company data the causality is tested through classical linear regression models. The results show that there is a significant relationship between key ratios and performance.
There is an interest among users for customization of mobile phones, as is indicated by several companies and websites which offer themes, ringtones, backgrounds and games. However, unless the users possess programming experience, this customization rarely goes beyond simple look-and-feel and into the actual functionality. In the other end of this spectrum, lies End User Development (EUD), where e
The purpose of this essay is to investigate which financial ratios are significant in the prediction of bank failure for the sample of Russian and Ukrainian banks and to see if there any similar ratios, which drive the bank to bankruptcy in both countries for the first decade of this century. As an instrument for our analysis we use the linear probability and the binary choice models. They are use
Abstract Laster som investering – Är summan av lasterna konstant? Nationalekonomiska Institutionen, Lund, 2009 Ämne och problemställning Genom att undersöka hur väl laster står emot nedgång på marknaden, samt hur väl en portfölj bestående av laster kan minimera osystematisk risk, skall den huvudsakliga frågeställningen besvaras. Hur kan investering i tillgångar kategoriserade som laster ge en välp
The purpose of this paper is to measure living standards for the population of Chocó, Colombia, using four waves of the DHSurveys between 1990 and 2005. Recent maternal history allowed the construction of a pooled dataset of 3.055 children and 779 mothers. The concept of living standards is measured as the ability to ensure child and marriage survival subject to short term economic stress, which i
This study analyzes the total fertility rate for twenty parishes in southern Sweden from 1785-1840 and its relationship with the enclosure movement. The analysis shows that the total fertility rate increases after enclosures took place. The explanation of these results is that peasants forsaw a profitable economic future because of the change in property rights and the change in the way agricultur
Bedömningen av IT-investeringar och den verksamhetsnytta som de ska bidra med är komplex och innehåller många olika faktorer att ta hänsyn till. Många verksamhetsnyttor faller under begreppet "mjuka" faktorer, till exempel ökad effektivitet, ökad kundnöjdhet och ökad kvalitet. Dessa är av naturen subjektiva och svåra att mäta med traditionella finansiella metoder vilket medför att den fu
This study examines and compares theoretical CDS spreads created by a structural framework with empirical CDS spreads. The model employed is the CreditGrades model based on the Merton framework from 1974 which calculate default probabilities and credit spreads from balance sheet and equity data. The aim is to measure how well the model can explain the observed CDS spreads and if it has any predict
Fertility declines have been taking place across Canada in a number of different provincial family policy contexts since the 1960’s. Although previous studies have assessed the impact of direct cost-reducing family policies in Canada, there is no body of work measuring the impact of indirect cost-reducing family policies across the county. The objective of this paper is to determine whether provin
Decision support systems (DSS) are widely used in both public and private sectors. The objective of our research is to provide knowledge about the actual use and impact of DSS in police organizations. The system that is evaluated in this study is a DSS, recently developed and implemented in the Police organization in Skåne. There is hardly any evaluation done on these systems when used in this par
Uppsatsen behandlar faktorer att ta i beaktande vid val av tekniker för hantering av användarkrav, med särskilt fokus på utveckling för webben. Som ett medel för detta tas ett ramverksutkast fram, där teori om kravhantering, användarmedverkan, teknikkategorisering och värdering, samt organisation integreras. Ramverket prövas empiriskt genom intervjuer med åtta utvecklare på fyra medelstora till st
Due to the increase in file-sharing in later years, there is a wide concern among music industry professionals and others that the music supply will be negatively affected by the decreasing sales of pre-recorded music. However, almost no research effort has been put into measuring the change in the supply of music. Using two indicators of music supply, this paper investigates how the supply from i
