Essays about: "heterogeneous firms"

Showing result 1 - 5 of 28 essays containing the words heterogeneous firms.

  1. 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 nationalekonomi

    Author : Marcus Boman; Ira Kansara; [2024]
    Keywords : Monetary Policy; Heterogeneity; Sustainable Investing; ESG; Green Transition;

    Abstract : 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

  2. 2. Weather and Firm Production in Europe

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Hanna Johansson; Leo Ljunggren; [2023]
    Keywords : Climate change; Weather; Firm Production; Europe; Nomenclature of Territorial Units for Statistics;

    Abstract : With exceeding risks of climate change damages, the economical implications of changes in weather patterns for firm production have become increasingly important. Up until now, a European setting and more time relevant data have been missing in current research analyzing such implications, which is where this thesis resolves such shortcomings. READ MORE

  3. 3. Monetary Policy with Credit Market Frictions

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Mambuna Njie; [2023]
    Keywords : Monetary policy; Investments; Credit frictions; Collateral constraints;

    Abstract : I study the role of collateral as a source of financial friction in the transmission of monetary policy towards firms' investments. First, I use a panel of Swedish firms to estimate the heterogeneity in firm investment responses to monetary policy shocks conditional on collateral. READ MORE

  4. 4. The Effects of Macroprudential Policies on Research and Development Expenditure - A System GMM Approach

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Nina Maria Lancelot; Charlie Nilsson; [2022]
    Keywords : macroprudential policy; research and development; economic growth; financial constraints; Business and Economics;

    Abstract : Preliminary firm level evidence suggests that macroprudential policies reduce firm credit growth and MSME investment, and could therefore have a negative impact on economic growth. However, the question remains if macroprudential policies affect R\&D investments as well. READ MORE

  5. 5. Sweden's Got a Brand New Tax Rate

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Hanna Lindé; Rebecca Hesslevik; [2022]
    Keywords : Stock market; Tax rate; Sweden; Denmark; Efficient market hypothesis;

    Abstract : In this paper, we intend to investigate the Swedish stock market's reaction upon the acceptance of the 2018 corporate tax rate reduction. The purpose is to examine if there was a significant stock market reaction and if it was heterogeneous across sub-samples based on market capitalization. READ MORE