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The paper investigates sensitivity of the optimal portfolio obtained from the Black Litterman model to the specification of the inputs. Specifically estimation methods of the variances of the views are employed and the results are analysed. For this purpose the MSCI indices of 14 European countries are experienced. The result shows very weak response of the weight vector to the estimation method o
Export promotion policies are widely used in most countries. The aim is to increase exports to foreign markets and in this, Sweden is no exception. In this study, my objective is to investigate whether Swedish export-promoting activities abroad, realized through the Swedish Trade Council (STC) and the Foreign Service (i.e. embassies and consulates), are associated with higher aggregate Swedish mer
Populärvetenskaplig sammanfattning Big Bang, Den Stora Smällen, är ett begrepp som de flesta av oss känner till; universums födelse som har gett upphov till galaxer, svarta hål, solsystem, planeter – och ja, indirekt till livet och mänskligheten själv. Långt innan allt detta skapades, bara några bråkdelar av en sekund efter Big Bang, fanns inte den vanliga materien som vi är vana vid idag; det faThis thesis presents a study of L, ¯L, and K0 s particle (generically referred to as V0 particles) production measured by the ALICE experiment located at LHC, CERN, in protonproton collisions at a center of mass collision energy of p s = 7 TeV. The particles are reconstructed via their V0 decay topology, which can be done due to the excellent tracking performance of the Time Projection Chamber det
The purpose of this essay was to highlight what happens in the meeting between the child care investigator and the client, from the investigators perspective. Further, the essay examines the mechanisms affecting this relation – how the child care investigator's respective roles, as controlling authority and service provider, will be visible to the investigator and what the consequences of the
Development is often looked upon in economical terms and often research tries to investigate how one country can produce or sell more in order to increase its GDP. This thesis does not exclude these considerations but focuses on health as an important aspect of development. I investigate why South Africans (SA) would place their lives at risk with full knowledge of AIDS by not using freely availab
The G20 leaders forum was created as a response to the economic and financial crisis of 2008-2009. However, well before the crisis, calls for a new order in global economic governance had mounted as the credibility and importance of existing patterns of global governance had waned. Accordingly, the G20 replaced the G7 for dealing with international economic matters and designated itself as the pre
The present work is an interdisciplinary and theoretical study on the topic of identity and the development of collective consciousness; an investigation of the ways in which people feel about and operate with their identities today. Identities are seen as a process circumscribed by the continuous struggle between the individual need for self-fulfillment and the demands of social structure and col
Women’s participation in politics is an interesting subject to study. The value of the study is even more meaningful if it considers the gender perspective. Of course, the representation of women in politics is not a new issue to make one’s research on, yet now it is very up to date when new democratic states emerge and higher numbers of women tend to become politically active. At the same time ju
Dagens bostadsbestånd består av flerfamiljshus och drygt två miljoner småhus. Av dessa är 37 % byggda före år 1950, det vill säga 770 000 småhus. Gemensamt för husen byggda mellan åren 1880-1945 är användningen av traditionell byggteknik och materialval vid uppförandet av husen. De utgör ett värde i vårt kulturarv med en social identitet väl förankrad i sin omgivning. Dessa hus är idag i behov av
Behovet av information på värdepappersmarknaden ökar i och med att det blir allt vanligare att investera i aktier. Aktiebolag vänder sig till värdepappersmarknaden för att skaffa nytt kapital till bolaget. De främsta anledningarna till detta är att bolagen vill finansiera sin verksamhet, ofta i form av nyinvesteringar, samt att ägarna vill kompenseras för de investeringar, både i form av nedlagt aThe increased importance of information on the securities market correlates to it having become more common to invest in shares. Business corporations turn to the securities market in order to raise money. The main reasons being the will to finance their operations, often in the form of new investments, and the owners wanting to be compensated for their investments, both financially and in terms o
Individuals do not only make decisions to maximize their own utility, but are also concerned with how their decisions affect others. Theories of inequality aversion, taking fairness considera¬tions into account, suggest that many people dislike inequalities between themselves and others. Testing for inequality aversion is easiest done by using experimental economics, in this paper in the form of a
The fact that Jane Austen composed and edited her novels during two eventful decades in Britain’s history excites an interest to investigate if this has affected the creation of her characters. This thesis explores whether Austen’s heroes develop in accordance with a shift in masculine ideals that can be discerned around the turn of the nineteenth century. The masculine ideal for gentlemen can be
The central premise of this thesis is an analysis of one major land reform programme (Operation Barga) initiated in the Indian state of West Bengal, from the Legal Empowerment of the Poor (LEP) perspective. Specifically, the research question addressed is the role of Operation Barga as a tool in legally empowering the poor bargadar (sharecroppers) and its impact on the landowners, over a period of
In the yearly report from the Swedish governmental agency The Ombudsman for Children, Bakom fasaden (2011), children and adolescents placed under government custody in so called HVB-homes (homes for treatment and living) gives voice to the fact that they are dissatisfied that opportunities to use the Internet are restricted. At the same time, Sweden is considered one of the countries in the world
The main objective of this paper is to empirically assess debt-relief as a mechanism of aggregate poverty reduction in severely indebted and middle-income countries. The empirical analysis focuses on the channels connecting growth to investment and social spending that are believed to fuel the resource development gap of the heavily indebted countries that have suffered from the debt crisis. In or
In recent years, disability rights has emerged as an increasingly important political issue in Ghana, primarily due to the mobilization of an organized and formidable national disability rights movement. In 2006 Ghana’s Persons with Disability (PWD) Act was signed into law, marking the promulgation of the most comprehensive piece of disability rights legislation in the country’s history. The objec
Abstract The research sought to present a deep analysis on the formation of identities in Jamaican children living in garrison community in the context of community violence. A phenomenological scientific and theoretical approach was applied, focusing on lived and imagined experiences formations. Data was collected using open interviews from six children, age nine to eleven. The obtained text was
The aim of this thesis is to examine intimate partner violence (IPV) towards pregnant women, with the ambition of fulfilling the gap of available knowledge about this complex subject area, in the Chinese context. The specific objects are: 1) to assess the risk factors and forms associated with intimate partner violence during pregnancy 2) to explore the social dynamics and gender power relati
The study seeks to examine the conceptualizations of space and scale in development thinking. One of the important dimensions of the development is the conceptualization of space and scale. The mainstream development theory, which is modernization, theorizes space as a physical geographical style that is technical and measurable. Scale on the other hand conceptualized on the nation state scale. Cr
Since the financial crisis of 2008 many European countries have been plagued by growing fiscal deficits and public debts. The country found by many to be the worst off is Greece and in this study we use the Solow model of economic growth to attempt to find a savings level for Greece which provides enough capital for both investment and debt service. We use two different scenarios where one is base
