Essays about: "indebtedness"

Showing result 1 - 5 of 20 essays containing the word indebtedness.

  1. 1. Income Inequality and Household Debt : A panel data study of 17 OECD-countries from 1995-2015

    University essay from Uppsala universitet/Nationalekonomiska institutionen; Uppsala universitet/Nationalekonomiska institutionen

    Author : Niclas Hvalgren; Linnea Englund Davidsson; [2018]
    Keywords : Household debt; Income inequality; Reference consumption; Relative income hypothesis of consumption; Panel data analysis; OECD; Advanced economies;

    Abstract : This study explores the relationship between income inequality and household indebtedness using panel data on 17 OECD-countries over the time period 1995-2015. Motivated by relative income theory of consumption and previous empirical research we anticipate a non-monotonic relationship between changes in household debt and income inequality (measured by the Gini- coefficient), as dynamics between different groups of households in the income spread is expected to vary at different levels of inequality. READ MORE

  2. 2. Spin-offs and Shareholder Value Creation: Factors Affecting the Returns Associated with Spin-off Announcements

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Markus Hedborg; Erik Jonsson; [2018]
    Keywords : spin-off; US equity markets; industrial focus; underperformance; indebtedness;

    Abstract : We examine the effect of announcements of spin-offs on shareholder value. Using a sample of 153 spin-offs announced in the United States between 2007 and 2017 inclusive, we find that spin-offs on average are associated with a cumulative abnormal return over a three-day event window surrounding the announcement date of 4,20 %. READ MORE

  3. 3. Optimal Macroprudential-Fiscal Policy and Financial Stability : The Effects on Private Debt Deleveraging in Advanced and Emerging Economies

    University essay from KTH/Industriell ekonomi och organisation (Inst.)

    Author : Josef Sebhatu; [2018]
    Keywords : Macroprudential Policy; Fiscal Policy; Financial Stability; Private Debt.;

    Abstract : What is the optimal interaction between macroprudential and fiscal policy to foster financial stability? This thesis evaluates whether policy interaction can impact private debt growth. First, a model is built with borrowing constraints that illustrate the links between private and public debt dynamics. READ MORE

  4. 4. Debt and Health - A Study of Incapacity Rate and Private Debt in Swedish Municipalties

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Johan Ramne; Benjamin Strömberg; [2017-03-24]
    Keywords : ;

    Abstract : Household debt is rising throughout Sweden, and its health effects are poorly understood. This thesis attempts to establish a link between the average private indebtedness and the incapacity rate—a measure of average paid sick leave—within Swedish municipalities. READ MORE

  5. 5. The Long-Run Relationship Between Public Debt and Economic Growth in Advanced Economies

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ovidijus Stauskas; [2017]
    Keywords : Public debt; OECD; common factors; long-run; growth; Business and Economics;

    Abstract : This study revives a heavily debated relationship between government debt accumulation and economic growth. Although indebtedness levels stay high, current economic growth forecasts seem optimistic not only in the euro area but in other advanced countries, as well. READ MORE