Filtyp
An individual's satisfaction with the national economy is an important indicator to for evaluating the performance and fairness of an economic system. Income inequality is a widely studied factor affecting economic evaluation. Although previous studies have shown that societies with high income inequality tend to report lower subjective well-being and social trust, it remains unclear how incom
Does financial structure matter for productivity? Prior firm- and industry-level research points to the importance of financial markets, rather than banks, in financing innovative firms, while macro-level evidence remains mixed. Whether financial structure matters at the aggregate level is therefore an open question that, in light of the Draghi Report, has gained renewed attention. We employ fixed
This thesis studies how municipality-level changes in the share of students enroled in independent schools are associated with public-school resources and student voucher compensation in Sweden. Given that compensation follows the student and that schooling costs are fixed in the short run, we hypothesise financial pressure. Using a two-way fixed effects model, the change in the share of independe
The thesis examines whether a shift towards a more market-based financial structure can enhance economic growth in the European Union. To test the relationship between financial structure and economic growth, the study uses an unbalanced panel dataset covering 13 EU member states over the period 2002-2020. The study analyses the relationship between economic growth and three components of financia
This thesis examines whether the winner’s curse occurs in Premier League transfer markets. Since football teams compete for players whose future sporting contributions and economic value are uncertain, football transfers provide a relevant setting for studying overpayment. Based on 187 Premier League transfers from the 22/23 and 23/24 seasons, the study evaluates whether increased competition and
Research question: How does the choice of payment method in M&A transactions affect the acquirers cumulative abnormal returns among Swedish publicly listed firms and to what extent is this relationship moderated by ownership concentration? Purpose: To examine whether the choice of payment method in M&A affects acquirer cumulative abnormal returns among Swedish publicly listed firms and to
This thesis examines how market-based systemic risk is transmitted within the Nordic banking system and how this transmission is influenced by macro-financial conditions and geopolitical risk. The analysis focuses on eight major listed Nordic banks: Nordea, Handelsbanken, SEB, Swedbank, DNB, Danske Bank, Jyske Bank, and Sydbank. The focus on these institutions is economically important because the
This paper examines whether asset tangibility and other determinants of market leverage among Swedish listed real estate firms are conditional on the prevailing interest rate regime. Using an unbalanced panel of 41 real estate firms listed on NASDAQ Stockholm over the period 2018-2024, the sample is divided into two regimes: a low-rate regime (2018-2022) and a high-rate regime (2022-2024), motivat
Apartments function both as consumption goods and as leveraged financial assets, making the understanding of their price determinants relevant to households, investors, and policymakers. While machine learning studies have demonstrated strong predictive performance using property-specific and spatial characteristics, less is known about whether macroeconomic variables capture time-series variation
Forecasting inflation accurately is important for monetary policy, financial decision-making and economic planning. While recent machine-learning methods have demonstrated strong performance in forecasting the level of inflation, considerably less attention has been devoted to whether such methods are equally effective for forecasting inflation volatility. This thesis compares econometric and mach
Renewable forecast errors must be absorbed somewhere in the sequence of electricity markets. This paper examines where they are priced in Sweden, using an hourly panel of the four bidding zones SE1-SE4 from December 2021 to March 2025 under the single-price imbalance settlement regime. Day-ahead-to-intraday and intraday-to-balance spreads are regressed on the combined wind and solar forecast error
This study mainly explores the expansions of higher education institutions across Swedish twenty-one regions over the period 2005 to 2024 has affected population health, with special attention to physical and mental health conditions. The empirical strategy studies regional variation of university establishment, expansion and upgrading, using a Difference-In-Differences (DiD) framework with region
Public policies that label specific neighbourhoods as problematic can generate stigma that can shape residential behaviour independently of any accompanying interventions. We study how the Swedish Police Authority's 2015 listing of vulnerable neighbourhoods has affected residential migration patterns in Stockholm municipality. Since the listing lacked significant resource allocation, it offers
As a result of the reform of the Swedish pension system in the 1990s, the public pension is now divided into two parts: The income pension follows a pay-as-you-go system, whereas the premium pension is a funded pension. In the premium pension the pension saver has the possibility to choose funds to invest in and if no choice is made, the savings are placed in a default option. This study aims to d
The subject of compensating wage differentials is a cornerstone to labor economics and has been widely researched internationally, especially with concern to risk, since it is both relatively easy to quantify and has interesting policy implications. Studies over the Swedish labor market though, are few and often old. Much research has been carried out specifically on male workers, often blue-colla
In recent years, Sweden has experienced substantial refugee-intensive immigration, culminating in the refugee crisis of 2015. Meanwhile, persistent disparities in labour market outcomes between native- and foreign-born populations have called attention to the importance of successful labour market integration of immigrants. The purpose of this study is to examine whether differences in initial loc
This paper examines the Environmental Kuznets Curve relationship and the associated scale, technique and composition effects by incorporating variables for income, outsourcing and green technology transfer. Comparative analysis of territorial and consumption-based carbon dioxide emissions is applied to account for international trade. The study examines a balanced panel data set for 28 OECD-countr
This thesis investigates the impact of S&P Global Sustainable1 ESG score changes on abnormal stock returns among public European firms of large market capitalization. It further examines whether the relationships differ across Environmental, Social and Governance categories. Using a short-run event study design, the cumulative abnormal returns of 112 publicly listed European companies with a
This paper examines whether changes in oil dependence affect the pass-through of oil price shocks to consumer price inflation. Using monthly data for eight European countries from January 2000 to December 2024, it estimates panel local projections in which the oil price shock is interacted with the year-on-year change in oil dependence. The baseline results show a positive but statistically insign
This thesis examines whether Chinese foreign direct investment (FDI) promotes economic growth in sub-Saharan African countries, and to what extent its effects reflect neo-colonial patterns of dependency. Drawing on FDI theory, dependency theory and Kwame Nkrumah’s concept of neo-colonialism, the thesis situates China-Africa relations within debates on whether foreign investment functions as a sour
