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The model confidence set - choosing between models

My data consists of closing prices between January 2000 and December 2004. My interest is, by looking at the return, to apply the Model Confidence Set. I work with ten volatility models. The Model Confidence Set is analogous to a confidence interval of a specific parameter. This means that the Model Confidence Set is used to choose model/models that is/are considered to be "best". The em

Ickelinjär kurspåverkan vid kreditbetygsändring

Att bedöma och betygssätta företags kreditvärdighet är en stor och vinstbringande marknad. Ett företags kreditbetyg har visat sig ha stort inflytande när t ex lånevillkor behandlas. Detta ställer höga krav på kreditvärderingsföretagens förmåga att leverera korrekta analyser. Såväl långivare som investerare reagerar på ett ändrat kreditbetyg, vilket ger direkta effekter på det företag som betygssät

Unemployment in Sri Lanka - Explanations, Constraints and Prospects for the Future

Sri Lanka has experienced a double-digit unemployment rate for almost three decades. The problem of the country is that there exists a mismatch between the demand for and the supply of the educated labour force, which is reflected in youth unemployment. The aim of the thesis is to explain this mismatch. We use the theories of unemployment, the labour market and human capital applicable to developi

Missbruk av dominerande ställning i samband med patentinnehav - en analys som inkluderar de ekonomiska orsakerna och konsekvenserna

År 2002 var det samlade värdet av patent inom EU 109 miljarder euro. Patentansökningarna till European Patent Office har stadigt ökat under det senaste decenniet. Det reella värdet av patent ökar ständigt och betydelsen av tillgångar i form av patent blir allt viktigare för företag. Uppsatsen behandlar om och, i så fall, hur det är möjligt att missbruka en dominerande ställning genom användning av

Bloggen i det politiska arbetet - riksdagsledamöters användning av IT-artefakten blogg

I denna uppsats har vi undersökt och studerat IT-artefakten bloggen och dess användning inom den politiska kontexten. Syftet med studien var att undersöka riksdagsledamöters användning av bloggen och den roll de såg bloggen spela i det politiska arbetet. Detta har gjorts med hjälp av intervjuer av bloggande riksdagspolitiker och genom en undersökning av bloggande riksdagsledamöters användning av b

Socio-economic determinants of HIV in Zambia: A district-level analysis

HIV/AIDS is one of the largest obstacles to development in many countries and is destroying the lives and livelihoods of millions of people around the world. Nearly 95 percent of all infected individuals are found in developing countries and the situation is especially problematic in sub-Saharan Africa. In Zambia, around 17 percent of the population is infected with HIV and AIDS is the most common

v-Business model in virtual world: Second Life case study

Virtual worlds are online communities in which individuals are able to interact with each other in real time. Growing rapidly since 1996, the population of these virtual worlds has become several millions. The advent and prosperity of virtual worlds reveal challenges worth exploring on business, society, politics, communication, education, technology, ethics, etc. The focus of this study is one of

Knowlegde Management - Knowledge Dissemination Through A Knowledge Management System

Knowledge is today considered to be a critical factor for organisations to survive within an increasingly competitive market. This has resulted in the fact that effective management of information and knowledge has become of crucial importance for companies. Knowledge management systems facilitate this management of knowledge and make it possible to develop new knowledge that can be shared and dis

On the Strategy-proof Social Choice of Fixed-sized Subsets

This thesis gives a contribution to strategy-proof social choice theory, in which one investigates to what extent there exist voting procedures that never can be manipulated in the sense that some voter by misrepresentation of his preferences can change the outcome of the voting and obtain an alternative he prefers to that honest voting would give. When exactly one element should be elected from a

Att göra affärer i Kina - rättsligt skydd i lagen och i verkligheten

This thesis looks at the difference between the legal protection in law and the legal protection in reality when a small company working with international trade comes in contact with seller's breach of contract. The thesis uses a case taken from a company with over 30 years experience trading with China and looks at the legal protection available along with the different possibilities of disp

Adherence in pharmaceutical utalisation -A demand for health analysis based on the Swedish Survey of Living Conditions and the Pharmaceutical Registry

The World Health Organization rapports general low adherence to medical treatments in long term therapies among developed countries. The aim of this study was to analyse the individual variation in drug adherence to long term use. A set of individual data with people interviewed in year 2004/2005 was created from the Swedish Survey of Living Conditions and the Pharmaceutical Registry. The data set

ADJUSTING TO THE MFA PHASE-OUT, The Case of the Turkish Textile and Clothing Industry

The end of the Multi-Fiber Agreement in January 2005 meant that quantitative restrictions within the textile and clothing industry were to be abolished. Quantitative restrictions had been used on the export of goods from low-wage countries which threatened producers in developed countries. With the end of the MFA the world market is significantly more accessible for textile and clothing producers

Professionella sporutövare och avstängningen från arbetslöshetsförsäkringen- behöver domstolarnas praxis revideras?

The legal courts in Sweden have developed a case law wherein the application criteria for being eligible to acquire unemployment insurance have become strict and rigid. This is in particular true when it comes to professional athletes who cannot make a living on their athlete wage. It is the 9th to 11th section of the Swedish Law (1998:238) on Unemployment Insurance that set the determinants for w

Påverkan på TED- spread under den nuvarande finansiella krisen

The purpose of this essay is to test for significance between TED- spread and four different macrovariables, housing prices, Federal funds rate, Asset Backes Securities and mortgage volume. Multiple regression has been used to search for significance between the dependent and the four independent variables. Our data consist of quarterly reports from January 1998 to June 2008. Our conclusion is tha

Kan handel vara rättvis?

Fair trade har vuxit fram med en otrolig fart de sista åren och frågan är hur det påverkar producenterna, om det existerar något sådant som rättvis handel och om marknaden kan fortsätta växa? För att diskutera dessa frågor presenteras nationalekonomiska modeller, argument för och emot fair trade samt ett antal fallstudier i ämnet. De modeller som tas upp är H-O modellen tillsammans med Stolper-Sam

Kameratelefoners inverkan på den personliga integriteten - en kvalitativ studie om integritetskränkande fotografering med kameratelefoner

Då allt fler mobiltelefoner med integrerad digitalkamera sprider ut sig bland allmänheten skapas ökade möjligheter för många människor att spontant kunna fotografera sina omgivningar. Kameratelefonen är dessutom svår att skilja från en vanlig mobiltelefon, vilket gör att en person kanske inte ens vet om att denne blir fotograferad. Genom kameratelefonernas kommunikationsteknik kan sedan dessa bild

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The paper provides a description of conditionality mainly focusing on the years 1995-2005. Initially, the two main theoretical approaches to conditionality, the principal agent model and the political economy approach, are outlined. Conditionality is then described as it has been defined and implemented by the Bretton Woods Institutions, the European Commission and a few bilateral donors. The case

Projektstyrning av IT-projekt - Framgångsfaktorer och fallgropar

Denna uppsats grundar sig i en kvalitativ studie som behandlat fallgropar som återfinns inom projektstyrningen i IT-projekt. Att IT-projekt ofta framställs som över tid och budget och därmed som misslyckade var ett intressant fenomen som vi ville titta närmare på. Vårt fokus låg på själva projektstyrningen av projektet och av den anledningen uteslöts faktorer som utvecklingsmetod eller designaspek

TRIPS, Patents and Traditional Knowledge

Through WTO membership, a large number of countries are parties to the Agreement on Trade-Related Aspects of Intellectual Property Rights, also known as TRIPs. The strongest form of IP protection is the patent, which grants a number of valuable exclusive rights when the criteria for patentability have been met. Patents are often claimed to be a means for inventors to regain the expenses they may h

Prognostisering av kovarianser - En studie av samvariationen mellan Affärsvärldens branschindex

Syftet med uppsatsen är att undersöka olika modellers förmåga att prognostisera den systematiska samvariationen mellan Affärsvärldens branschindex. Med regressionsanalys undersöks systematisk kovarians på den svenska aktiemarknaden under perioden 1997 – 2006. Först skattas branschindexens känslighet för olika riskfaktorer, skattningarna används för att skapa en varians-kovariansmatris. Utvärdering