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A new and developed concept of industrialised housing is emerging in the Swedish building industry today. The general opinion is that industrialised housing contains the answer to many of the problems in the building sector. The paper presents a comprehensive definition of industrialised housing, points at its corner stones and key characteristics and discusses how it relates to the paradigms of l

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Firms’ derivative portfolios are largely unpredictable, in the sense that the previous year’s portfolio is a poor predictor of the current one. This unpredictability partly reflects a common corporate practice known as ‘selective hedging’, i.e. adjusting the timing and size of hedging programs bases on market views. In this paper I examine if corporate governance arrangements influence the extent

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This thesis covers the impact of the financial crisis of 2007-2009, the non-linearity in the impact of bankruptcy risk on leverage and the effect of pessimism and doubt on the equity premium. It consists of four self-contained essays. The first essay develops a framework to investigate the impact of the financial crisis starting in 2007 and employs an extended GARCH model to test for spillover and

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China’s present economic performance is frequently attributed to market reforms that have opened up the economy to foreign trade and investments. In this article we suggest that a historical comparative approach may cast new light on China’s present success. In imperial China the power of the mandarinate put limits on equality of opportunity and development of human capital, factors crucial for mo

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Fire models are used increasingly for fire safety assessment in nuclear power plants. Examples of these fire models are CFD models and zone models. When using these models it is important that they are sufficiently verified and validated. In Sweden the majority of fire safety consultants are using FDS, developed by NIST. The verification and validation of this package is intensively done for a num