Essays about: "Eurozone"

Showing result 1 - 5 of 81 essays containing the word Eurozone.

  1. 1. Is the Eurozone an Optimal Currency Area? An investigation from a financial market´s perspective

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Niclas Stafsing; Carl Sandström; [2020]
    Keywords : Optimal Currency Area; Eurozone; Event study; Equity indices; 10-year government bond yield; Business and Economics;

    Abstract : The purpose of this study is to examine if the Eurozone is an Optimal Currency Area (OCA) or not. To do this we have examined if the European Central Banks monetary policy announcements have a significant impact on the equity markets and on the 10-year government bond yields in the Eurozone. READ MORE

  2. 2. The impact of the European Union and Eurozone membership on economic growth : A quantitative analysis of how the economic growth of the member countries has been affected

    University essay from Södertörns högskola/Nationalekonomi

    Author : Angela Nano Georgiou; [2020]
    Keywords : European integration; European Union; eurozone; economic growth;

    Abstract : The creation of the European Union and later the European economic and monetary union started as a peace project and later on to make the European countries stronger and unified through economic integration The purpose of this study is to analyse the effect that EU(EZ) membership has on the economic growth of its member states. This is done by using an augmented Solow model including the GDP per capita growth rate which represents the economic growth while the EU(EZ) membership is represented by dummy variables. READ MORE

  3. 3. EMPTYING THE SCHOOL OF ATHENS A quantitative analysis of the link between the Eurozone crisis and declining worker productivity in the Greek economy

    University essay from Göteborgs universitet/Statsvetenskapliga institutionen

    Author : Mikael Hemlin; [2019-09-13]
    Keywords : Greece; euro crisis; worker productivity; human capital transfers; optimum currency area theory; worker flexibility;

    Abstract : The purpose of this thesis is to investigate the causes of Greece’s worker productivity declinein the aftermath of the euro crisis. Through the employment of three groups of time-seriesregressions, the empirical analysis of the thesis demonstrates that: 1) there exists anunambiguous correlation between the unfolding of the euro crisis and Greece’s declining worker productivity – a correlation which is entirely disconnected from the progression of thecountry’s competitiveness; 2) the progression of the crisis is intimately correlated withGreece’s recent surge in human capital emigration; and 3) this outflow of human capital-richworkers may explain a large portion of Greece’s worker productivity decline since 2008. READ MORE

  4. 4. A STUDY ON THE DCC-GARCH MODEL’S FORECASTING ABILITY WITH VALUE-AT-RISK APPLICATIONS ON THE SCANDINAVIAN FOREIGN EXCHANGE MARKET

    University essay from Uppsala universitet/Statistiska institutionen; Uppsala universitet/Statistiska institutionen

    Author : Tim Andersson-Säll; Johan Lindskog; [2019]
    Keywords : Multivariate GARCH; Conditional Correlations; Forecasting; Time-varying covariance matrices; Exchange rate returns; Variance-Covariance matrix;

    Abstract : This thesis has treated the subject of DCC-GARCH model’s forecasting ability and Value-at- Risk applications on the Scandinavian foreign exchange market. The estimated models were based on daily opening foreign exchange spot rates in the period of 2004-2013, which captured the information in the financial crisis of 2008 and Eurozone crisis in the early 2010s. READ MORE

  5. 5. ESG investing in the Eurozone : Portfolio performance of best-effort and best-in-class approaches

    University essay from Umeå universitet/Företagsekonomi; Umeå universitet/Företagsekonomi

    Author : Kajsa Andersson; Simon Mårtensson; [2019]
    Keywords : ESG; sustainable finance; sustainable investing; portfolio performance; risk-adjusted returns; abnormal returns;

    Abstract : The last decades have seen a rapid increase of sustainable investing, also known as ESG (Environmental, Social and Governance) investing. There has also been an increasing body of academic literature devoted to whether investors can gain any financial benefits from taking ESG under consideration. READ MORE