Essays about: "vector auto-regression"
Showing result 1 - 5 of 7 essays containing the words vector auto-regression.
-
1. Time to purchase your ownhouse : The resistance of housing investments againstmacroeconomic shocks
University essay from KTH/Fastigheter och byggandeAbstract : 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
-
2. When's the holiday over? Assessing the sustainability of local government debt in Sweden
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Swedish local governments are emerging from an era of low indebtness after the Swedish financial crisis in the 1990s preceded the creation of a comparatively robust, rules-based macro-prudential framework. Yet, the persistently low interest rates observed since 2008 have allowed an accelerating debt accumulation under those frameworks, pre-empting questions of debt sustainability should interest rates reverse. READ MORE
-
3. Forecasting Maximum Wind Speed at Offshore Sites
University essay from KTH/Kraft- och värmeteknologiAbstract : For energy companies involved in the construction and operation of offshore wind power plants, such as Vattenfall, the knowledge of maximum wind speed is critical for logistics, safety and economic reasons. This thesis investigates the possibility to forecast maximum wind speeds at offshore sites, studies the accuracy of these forecasts, and details the employed methodology, so that it can be adapted to other cases in the future. READ MORE
-
4. Trade Liberalization and Economic Growth in Kenya : An Empirical Investigation (1975-2013)
University essay from Södertörns högskola/Institutionen för samhällsvetenskaperAbstract : This paper examines trade openness and economic growth. What has been the effect of openness to trade on economic growth in Kenya? Kenya’s trade policies have emerged since independence, it has improved from import substitution to progressive liberalization through emergence of export processing zones, reduction of tariffs levels, eliminated price controls and licensing requirements leading to modest growth in trade Republic of Kenya (2005). READ MORE
-
5. THE EFFECT OF EXCHANGE RATE AND MONETARY POLICY CHANGES ON STOCK RETURNS IN MEXICO AFTER THE TEQUILA CRISIS
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Purpose: To address any effect in Mexico´s stock returns due to changes in exchange rate and monetary policy after an economic shock (crisis). Methodology: We used a framework based on the Vector Auto-Regression approach. Additionally, the Difference-in-Difference regression approach was employed in order to briefly generalize our results. READ MORE
