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Found 5 essays matching the above criteria.

  1. 1. Quantitative Easing and Bubble Formation in Real-Estate : A study of the relationship between novel monetary policies and speculative bubbles in the Swedish real-estate market

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Axel Öhlund; Anna Domnina; [2021]
    Keywords : Large-scale asset purchasing program; Quantitative easing; Vector Autoregression; Riksbanken; Housing Bubble; Speculative Bubbles; Unconventional Monetary Policy;

    Abstract : This thesis aims to study how much of price appreciations on the Swedish real-estate market in recent times have been fundamentally warranted, as well as if the unconventional monetary policies implemented by the Swedish central bank have had any interaction with these price escalations. The methodology employed to research this is divided into two parts. READ MORE

  3. 2. Analysis of Student Loan Asset-Backed Securities : Construction of a Valuation Model using a Trinomial Interest Rate Tree

    University essay from KTH/Matematisk statistik

    Author : Gustav Rehnman; Ted Tigerschiöld; [2016]
    Keywords : ;

    Abstract : Student debt in the U.S has grown rapidly over the last decades. A common practice among lenders is to pool the loans into securities that are sold off and traded between institutional investors. Since these securities have no market price this thesis aims to develop a valuation model. READ MORE

  4. 3. The Predictability of Speculative Bubbles : An examination of the log-periodic power law model

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Marcus Gustavsson; Daniel Levén; [2015]
    Keywords : Econophysics; mathematical finance; LPPL; log-periodic power law model; JLS-model; power law; speculative bubbles; bubble forecasting; modeling asset price dynamics; financial bubbles; bubbles; crashes;

    Abstract : In this thesis we examine the ability of the log-periodic power law model to accurately predict the end of speculative bubbles on financial markets through modeling of asset price dynamics on a selection of historical bubbles. The methods we use are based on a nonlinear least squares estimation which yields predictions of when the bubble will change regime. READ MORE

  5. 4. What to pour in the punch bowl? Central banks and asset prices

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Pär Holmbäck; [2011]
    Keywords : Monetary policy; Asset price bubbles; Jackson Hole Consensus; Leaning against the wind; Macroprudential policy;

    Abstract : Until the financial crisis of 2008-09, asset prices played a secondary role in monetary policy. The mainstream view was that they should only be accounted for to the extent they affected the inflation forecast. READ MORE

  6. 5. Heads I Win, Tails I Get Bailed Out: On Moral Hazard and Asset Price Bubbles

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Clara Fernström; [2008]
    Keywords : moral hazard; central banking; asymmetric reaction function; financial crises; asset price bubbles;

    Abstract : Recent years’ asset price bubbles and financial crises have incurred a debate about central banks’ role in times of considerable movements in asset prices. Previous research has found that central banks should react to break-downs of asset price bubbles but not to build-ups. READ MORE