Essays about: "Eurozone"

Showing result 21 - 25 of 99 essays containing the word Eurozone.

  1. 21. 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 decline in the aftermath of the euro crisis. Through the employment of three groups of time-series regressions, the empirical analysis of the thesis demonstrates that: 1) there exists an unambiguous correlation between the unfolding of the euro crisis and Greece’s declining worker productivity – a correlation which is entirely disconnected from the progression of the country’s competitiveness; 2) the progression of the crisis is intimately correlated with Greece’s recent surge in human capital emigration; and 3) this outflow of human capital-rich workers may explain a large portion of Greece’s worker productivity decline since 2008. READ MORE

  2. 22. 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

    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

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

    University essay from 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

  4. 24. Have the average wages of the Eurozone countries converged?

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Cláudio Rosa; Johannes Ramsén; [2019]
    Keywords : Wage Convergence; Eurozone; European Union; Economics;

    Abstract : This thesis analyses the progression of the average wages of the countries in the Eurozone between 1996 and 2017. The purpose of this study is to examine if the wages in those countries have converged during this period and the impact of adopting the Euro had. READ MORE

  5. 25. Reserve Requirements as a Tool of Monetary Policy : Empirical Study of the Money Multiplier Theory

    University essay from Högskolan i Jönköping/IHH, Nationalekonomi

    Author : Sakari Kangasniemi; Ramil Iqbal; [2019]
    Keywords : reserve requirements; money multiplier; monetary policy;

    Abstract : The use of statutory reserve requirement as a monetary policy tool has arguably diminished in recent years. Moreover, the money multiplier, a fundamental macroeconomic theory, which deals with the relationship between the monetary base, required reserves and the money supply, has been a target for some heavy critique. READ MORE