Essays about: "PECM"

Found 2 essays containing the word PECM.

  1. 1. The relationship between stock price, book value and residual income:   A panel error correction approach

    University essay from Uppsala universitet/Statistiska institutionen

    Author : Oskar Brandt; Rickard Persson; [2015]
    Keywords : Accounting based valuation; stock valuation; residual income; Ohlson’s model; PECM; Cointegration; Panel unit root; Stock price; book value; dividends; dividend discount model; aktier; utdelningar; residual inkomst; aktie värderingar; Ohlson s model;

    Abstract : In this paper we examine the short and long-term relations between stock price, book value and residual income.  We employ a panel error correction model, estimated with Engle & Granger’s (1987) two-step procedure and the single equation methodology. The models are estimated with FE-OLS and the MG-estimator. READ MORE

  3. 2. Influence of In-vessel Pressure and Corium Melt Properties on Global Vessel Wall Failure of Nordic-type BWRs

    University essay from KTH/Kärnkraftssäkerhet

    Author : Andrei Goronovski; [2013]
    Keywords : Severe accident; Vessel failure; CRGT cooling; Thermo-Mechanical creep analysis;

    Abstract : The goal of the present study is to investigate the effect of different scenarios of core degradation in a Nordic-type BWR (boiling water reactor) on the reactor pressure vessel failure mode and timing. Specifically we consider the effects of (i) in-vessel pressure, (ii) melt properties. READ MORE