Essays about: "Erika Madebrink"

Found 4 essays containing the words Erika Madebrink.

  1. 1. Break Point Detection for Strategic Asset Allocation

    University essay from KTH/Matematisk statistik

    Author : Erika Madebrink; [2019]
    Keywords : Strategic asset allocation; Bayesian; reversible jump; Markov chain Monte Carlo; regime switching;

    Abstract : This paper focuses on how to improve strategic asset allocation in practice. Strategic asset allocation is perhaps the most fundamental issue in portfolio management and it has been thoroughly discussed in previous research. We take our starting point in the traditional work of Markowitz within portfolio optimization. READ MORE

  3. 2. Quantifying Beauty : The Implications of Digitalization for the Auction House Industry

    University essay from KTH/Matematisk statistik

    Author : Erika Madebrink; Amanda Malmqvist; [2016]
    Keywords : ;

    Abstract : This degree project investigates the impact of digitalization on the auction house industry. The first part of the paper consists of a hedonic regression analysis aiming to deduce the key determinants of art prices and investigate if pricing of art could be improved using mathematics and technology. READ MORE

  4. 3. To Have or Not to Have? The Impact of Financial Targets on the Cost of Capital

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Erika Madebrink; Linda Shi; [2016]
    Keywords : Equity cost of capital; Estimation risk; Financial targets; Liquidity risk; Voluntary information disclosure;

    Abstract : We study the effect of communicating long-term financial targets, but not the attainment of them, on the equity cost of capital. We examine the effect targets have on risk factors in an augmented Fama and French model, where illiquidity is added as a risk factor, and find that dividend, profitability and leverage targets decrease the cost of capital through the market risk premium and SMB risk factors. READ MORE

  5. 4. How Good Are Analysts at Handling Crisis? - A Study of Analyst Recommendations on the Nordic Stock Exchanges during the Great Recession

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Erika Madebrink; Camilla Sahlin; [2014]
    Keywords : analyst recommendations; analyst performance; the Great Recession; flight-to- safety;

    Abstract : The purpose of this thesis is to gain better understanding of the value of analyst recommendations. We show, by studying analyst consensus recommendations on four Nordic stock exchanges that during the Great Recession analysts' ability to generate profitable stock recommendations declined. READ MORE