Essays about: "Treasury bills"

Showing result 1 - 5 of 8 essays containing the words Treasury bills.

1. 1. Do Stocks Outperform Treasury Bills? Evidence From a Swedish Setting

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Anton Li; Ricky Yu; [2023]
   Keywords : Individual stocks; Treasury bills; Skewness; Buy-and-hold returns; Diversification;

   Abstract : Most Swedish stocks listed since 1983 post lifetime buy-and-hold returns that are less than one-month Swedish Treasury bills. In terms of risk-adjusted returns for the same time horizon, individual Swedish stocks vastly underperform value-weighted benchmarks when measured with a Sharpe ratio. READ MORE

3. 2. Inflation risk revisited : The hedging properties of major asset classes

   University essay from Karlstads universitet/Handelshögskolan (from 2013)

   Author : Andreas Berdén; Hilding Larsson; [2023]
   Keywords : Inflation; unexpected inflation; inflation hedge; inflation-linked bonds; TIPS; treasury bills; stocks; bonds; real estate; gold; Inflation; oväntad inflation; inflationsskydd; inflationskopplade obligationer; statsskuldväxlar; aktier; obligationer; fastigheter; guld;

   Abstract : This paper is in large parts an update to a paper by Bekaert and Wang from 2010 called Inflation risk and the inflation risk premium. Its purpose is to find insights into the inflation hedging properties of the major asset classes. READ MORE

4. 3. Time to purchase your ownhouse : The resistance of housing investments againstmacroeconomic shocks

   University essay from KTH/Fastigheter och byggande

   Author : Quinglin Ouyang; [2020]
   Keywords : House price index; Sharpe ratio; macroeconomic shocks; vector auto-regression; bostadsprisindex; Sharpe ratio; makroekonomiska chocker; vektor autoregressiva-modeller;

   Abstract : Housing is both a durable good and an investment vehicle, which makes it importantin people’s daily life aswell as for a nation’s economy. This thesis innovatively applies the Sharpe ratio on evaluating the performance of the US residentialhousing market within the time period from 2005:Q1 to 2019:Q3, andinvestigates how this performance would react upon macroeconomic shocks,including sudden changes in GDP growth rate and personal income growthrate, by establishing a vector auto-regression model with the lag order of four. READ MORE

5. 4. Assets as hedges against the inflation rate

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Gabriella Bergström; Yun Zhou; [2016]
   Keywords : Inflation; asset returns; hedging; Fisher hypothesis;

   Abstract : This paper investigates, using Swedish data from 1996 to 2016, the possibilities to use different investment assets to hedge against the expected and unexpected inflation rates. With the use of time series regressions, we find that treasury bills have the potential to be good hedges against the expected inflation rate, and that real estate could be a good hedge against the unexpected inflation rate. READ MORE

6. 5. The Impact of Unanticipated Inflation on Long-Term Treasury Bills

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Sepehr Sharafuddin; Axel Olsson; [2015]
   Keywords : Treasury-bill; Event study; Inflation; Business and Economics;

   Abstract : The impact of inflation on Treasury bills has not been studied for many years and hence the effects in modern time are unclear. The long term interest rates are theoretically more difficult to influence as future expectations needs to be changed. This study hence aims to mainly examine the effects of unanticipated inflation on the U.S. READ MORE