Essays about: "Stock Market Shocks"
Showing result 1 - 5 of 38 essays containing the words Stock Market Shocks.
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1. The impact of firm-level greenness on the transmission of monetary policy shocks to stock market prices in Sweden
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : A growing literature has indicated that monetary policy shocks impact the stock prices of brown firms more strongly than the stock prices of green firms. Monetary policy tightening is associated with lower stock prices since it leads to a higher cost of capital and in turn a higher discount rate for the expected stream of cash flows. READ MORE
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2. Navigating Uncertainty: A Study on the Impact of Policy Uncertainty on Stock Returns, Firm Investment, and Investor Sentiment in the United States
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We investigate how US policy uncertainty is related to US stock returns, firm investments, and investor sentiment - in order to shed light on the responses made by firms and investors when faced with higher uncertainty. Leveraging the economic policy uncertainty index, we find that policy uncertainty is negatively correlated with US stock returns in the same month following a shock to uncertainty, and propose evidence that points towards policy uncertainty potentially being a source of return predictability in the US. READ MORE
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3. A time series analysis of the impact of the COVID-19 pandemic on container shipping freight rates: An application to the Asia-Europe trade route
University essay from Göteborgs universitet/Graduate SchoolAbstract : The outbreak of the COVID-19 pandemic caused a sudden disruption to the shipping industry. However, for container shipping, freight rates have reached record highs during the pandemic. Shipping companies realise that understanding the impact of exogenous shocks on freight rate fluctuations to forecast freight rates is critical. READ MORE
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4. Mispricing of Climate Risk
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Purpose: Study the relationship between stock returns and GHG emissions regarding a risk premium related to greenness. This by using GHG emissions estimated by Bloomberg rather than companies self-reported estimates. Methodology: The study conducts a time-invariant model by cross-sectional OLS regression to estimate the risk premium for greenness. READ MORE
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5. When Russia Turned Off the Tap to Europe: An Event Study of the European Stock Market Reaction During Nord Stream Pipeline Announcements
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We use three events related to the Russian gas supply to Europe from Nord Stream pipelines as potential exogenous shocks to test political uncertainty and its effect on asset pricing. Investigating stock returns of firms in the STOXX Europe 600 index, we do not find consistent evidence of firms more exposed to Nord Stream or Russia experiencing more negative stock returns following the events. READ MORE
