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Found 2 essays matching the above criteria.

1. 1. Principal Component Analysis and the Cross-Sectional Variation of Returns

   University essay from

   Author : Armin Ramovic; Mikael Åkerman; [2021-06-23]
   Keywords : Principal Component Analysis; PCA; principal components; cross-sectional variation of returns; risk premia; asset pricing; demensionality reduction; risk factors; machine learning;

   Abstract : We utilize Principal Component Analysis (PCA), a dimensionality reduction technique, on a set of 142 risk factors, including macroeconomic factors, proposed in financial literature to construct factor models with high explanatory powers when analysing the cross-sectional variation of portfolio returns. We apply a Fama and Macbeth (1973) two-pass regression to estimate risk premia commanded by our principal components. READ MORE

3. 2. Political Democracy in Bosnia and Herzegovina : A Case Study about Bosnia and Herzegovina's Democratic Progress

   University essay from Linnéuniversitetet/Institutionen för statsvetenskap (ST)

   Author : Armin Ramovic; [2017]
   Keywords : Bosnia; Political Democracy; Democracy; Ethnicity; Ethnic Divisions; Ethnic Limitations; Robert Dahl; Eight Institutional Guarantees; Democratic Progress;

   Abstract : Integrating into a political democratic regime has not been a simple task for post-communisitc states such as Bosnia and Herzegovina. The signing of the Dayton Peace Agreement in 1995 marked the end of the catastrophic war that took place in the region, and was the start for the democratic developments that would now fully integrate Bosnia and Herzegovina into a consolidated democratic regime. READ MORE