Essays about: "Stock market equilibrium"

Showing result 1 - 5 of 20 essays containing the words Stock market equilibrium.

  1. 1. Flight to climate: liquidity commonality in brown equities

    University essay from Stockholms universitet/Företagsekonomiska institutionen

    Author : Haiping Yu; [2023]
    Keywords : ESG; ESG Investing; Climate investing; Liquidity Commonality; Systematic Liquidity Risk;

    Abstract : Emerging ESG studies have established a negative equilibrium correlation between ESG factors and stock returns in an economy predominately influenced by investors with nonpecuniary preference over high ESG credentials. However, little research has delved into a potential systematic liquidity risk phenomenon associated with aggregate trading activities of ESG-motivated investors who share a common nonzero ESG preference component in their utility function. READ MORE

  3. 2. Mispricing of Climate Risk

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Lovisa Dahlquist; Lena Maria Tschanhenz; [2022]
    Keywords : Bloomberg GHG estimates; Risk premium for climate risk; ESG reporting; Sustainable investing; Stock market equilibrium; Business and Economics;

    Abstract : 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

  4. 3. The impact of macroeconomic variables on the Swedish stock market : A VECM approach

    University essay from Umeå universitet/Nationalekonomi

    Author : Simon Ternbo; [2022]
    Keywords : ;

    Abstract : This paper examines the effects of macroeconomic indicators on the Swedish stock market, during the period from December 2002 until December 2021. The effects are examined through a Vector Error-Correction model (VECM), which is based on Johansen’s test of cointegration. READ MORE

  5. 4. The Relationship Between Macroeconomic Variables and Sector Indices : An empirical investigation of the Swedish stock market

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Gottfrid Bylund Månsson; Anton Erlandsson; [2021]
    Keywords : ;

    Abstract : This study hypothesizes a relationship between different stock market sector indicesand their relationship to macroeconomic variables. Previous studies investigates therelationship between broad stock market indices and macroeconomic variables, with fewresearching stock market sector indices. READ MORE

  6. 5. Quantifying the Costs of Restricting Local Housing Development - Housing Supply Elasticities and Aggregate Labor Misallocation in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : David Lindquist; Niclas Hvalgren; [2020]
    Keywords : Housing Supply Elasticity; Spatial Labor Misallocation; Spatial Equilibrium; Sweden;

    Abstract : Housing prices have risen dramatically in Stockholm over the past two decades, while the housing stock has increased by a comparably minor amount. Seen through a spatial equilibrium framework, this indicates that Stockholm is contributing to increased labor misallocation, lowering aggregate Swedish output. READ MORE