Essays about: "dispersion of beliefs"
Found 3 essays containing the words dispersion of beliefs.
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1. Turning with the tide
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper explores the presence of herding behaviour in the Nordic stock markets, i.e. the tendency of investors to mimic each other and follow the herd whilst disregarding their own beliefs and abilities to make rational investment decisions. READ MORE
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2. Growth Expectations, Dispersion of Beliefs and the Cross-Section of Stock Returns
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The present study investigates whether the mean and the standard deviation of real GDP growth forecasts from the ECB Survey of Professional Forecasters (SPF) can help to explain the cross-sectional variation of expected returns in the German stock market. The expected real GDP growth from the SPF can be interpreted as a proxy for expected business conditions, whereas the cross-sectional dispersion of these expectations may serve as a proxy for macroeconomic uncertainty. READ MORE
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3. Is ‘Renewable Energy’ a Myth? A Comparison between Muscle Work and Agrofuel Energy in Agricultural Production
University essay from Lunds universitet/HumanekologiAbstract : This study emerges from the rising concern that the now widespread faith in renewable energy systems—as a way to deal with the ecological crisis—may be unfounded. Drawing on inspiration from the global peasant movement Via Campesina and their hypothesis that small-scale agriculture is a strategy for “cooling down the Earth”, this study seeks to discuss the reasons for the widespread belief in renewable energy systems based on how they differ from animate energy systems that have proven successful in the past. READ MORE
