• Attention to oil prices and its impact on the oil, gold and stock markets and their covariance 

      Fiszeder, Piotr; Fałdziński, Marcin; Molnar, Peter (Peer reviewed; Journal article, 2023)
      This paper studies the impact of investor attention to oil prices on returns, volatility, and covariances of three exchange traded funds representing oil, gold, and the stock market. For this purpose, we suggest a new ...
    • Bitcoin and payment systems 

      Ydstebø, Espen; Sandvoll, Vegard Fosse (Masteroppgave/UIS-HH/2018;, Master thesis, 2018-06-15)
      We study the relationship between Bitcoin and traditional payment systems and the financial sector. The payment systems we will do the study with are Visa, MasterCard, Western Union, American Express and PayPal. We study ...
    • Can policy and financial risk predict stock markets? 

      Helseth, Marius Aleksander Emblem; Krakstad, Svein Olav; Molnar, Peter; Norlin, Karl-Martin (Peer reviewed; Journal article, 2020)
      Since higher risk should be rewarded with higher expected returns, more risky time periods are expected to predict rising stock markets. This paper focuses on implied volatility as a measure of financial risk and economic ...
    • Connectedness of energy markets around the world during the COVID-19 pandemic 

      Akyildirim, Erdinc; Cepni, Oguzhan; Molnar, Peter; Uddin, Gazi Salah (Peer reviewed; Journal article, 2022)
      This paper studies the connectedness among energy equity indices of oil-exporting and oil-importing countries around the world. For each country, we construct time-varying measures of how much shocks this country transmits ...
    • Consumer attention and company performance: Evidence from luxury companies 

      Cheraghali, Hamid; Høydal, Hannah; Lysebo, Caroline; Molnar, Peter (Peer reviewed; Journal article, 2023-08)
      Previous research has shown that investor attention, measured by Google searches for company tickers, can predict companies’ returns. However, for companies offering luxury goods in consumer-driven industries, consumer ...
    • Determinants of oil and gas investments on the Norwegian Continental Shelf 

      Berntsen, Martin A.S; Bøe, Kristine; Jordal, Therese; Molnar, Peter (Journal article; Peer reviewed, 2018-02)
      This paper studies the investment decisions by oil and gas companies operating on the Norwegian Continental Shelf. We account for the heterogeneity across the fields by including field-specific variables, including geological ...
    • Determinants of the forward premium in the Nord pool electricity market 

      Haugom, Erik; Molnar, Peter; Tysdahl, Magne Ødegaard (Peer reviewed; Journal article, 2020)
      Nord Pool is the leading power market in Europe. It has been documented that the forward contracts traded in this market exhibit a significant forward premium, which could be a sign of market inefficiency. Efficient power ...
    • Do Green Bonds offer higher yield than conventional bonds? 

      Tran, Camilla Thi; Coates, Emma Cora (Master thesis, 2022)
      Sustainable finance and environmental criteria in investment decisions are becoming increasingly important for both investors and bond issuers. Green Bonds is an emerging financial instrument, and research in this area is ...
    • Do political risks harm development of oil fields? 

      Bøe, Kristine; Jordal, Therese; Mikula, Stepan; Molnar, Peter (Journal article; Peer reviewed, 2018-01-11)
      We examine the impact of political risks and financial development on investments in the petroleum industry utilizing a unique dataset of investments in individual oil and gas fields around the world. We find that the ...
    • Do President Trump's tweets affect financial markets? 

      Gjerstad, Peder; Meyn, Peter Filip; Molnar, Peter; Næss, Thomas Dowling (Peer reviewed; Journal article, 2021-08)
      Frequent tweets of the former president of the United States, Donald Trump, provide a unique opportunity to study how financial markets respond to his statements. To do this, we utilize a precise timestamp of each tweet ...
    • Electrical vehicles in Norway 

      Cader, Fathima (Master thesis, 2021)
      With the increasing importance of environment conservation, there has been an increased focus on electrical vehicles. Electrical vehicles are a growing phenomenon globally and Norway is the country with the highest number ...
    • Event study on changes in capital structure and volatility 

      Petkevic, Kristina; Helleland, Tatyana (Masteroppgave/UIS-SV-HH/2017;, Master thesis, 2017-06-15)
      The authors of this paper test whether the changes in the capital structure and more specifically the changes in Debt to Equity ratio can explain the changes in the implied volatility and realized volatility. In addition, ...
    • Fear of the coronavirus and the stock markets 

      Lyocsa, Stefan; Baumöhl, Eduard; Vyrost, Tomas; Molnar, Peter (Peer reviewed; Journal article, 2020-08)
      Since the outbreak of the COVID-19 pandemic, stock markets around the world have experienced unprecedented declines amid high uncertainty. In this paper, we use Google search volume activity as a gauge of panic and fear. ...
    • Forecasting volatility of Bitcoin 

      Bergsli, Lykke Øverland; Lind, Andrea Falk; Molnar, Peter; Polasik, Michal (Peer reviewed; Journal article, 2021-01)
      Since Bitcoin price is highly volatile, forecasting its volatility is crucial for many applications, such as risk management or hedging. We study which model is the most suitable for forecasting Bitcoin volatility. We ...
    • Impact of macroeconomic news, regulation and hacking exchange markets on the volatility of bitcoin 

      Lyocsa, Stefan; Molnar, Peter; Plihal, Tomas; Siranova, Maria (Peer reviewed; Journal article, 2020)
      We study whether news and sentiment about bitcoin regulation, the hacking of bitcoin exchanges and scheduled macroeconomic news announcements affect the volatility of bitcoin, measured as realized variance and its jump ...
    • Impact of Oil Price Changes on Wage Formation in Norway between 1970 and 2016. A time series analysis of macroeconomic effects. 

      Onyszko, Martyna (Master thesis, 2017-06)
      In this paper, I would like to shed light on the issue as to how the impact of fall in oil demand does affect the Norwegian wage formation in years 1970 to 2016, using a dataset to determine long-term relationships between ...
    • Impact of Resource Rent Tax on Norwegian Salmon Farming Companies 

      Nguyen, Quan Minh; Totland, Elin (Master thesis, 2023)
      This thesis investigates the impact of the resource rent tax announcement and its implementation in Norway. The dataset consists of daily returns for eight salmon farming companies. Half of these companies are affected by ...
    • Impact of Resource Rent Tax on Norwegian Salmon Farming Companies 

      Nguyen, Quan Minh; Totland, Elin (Master thesis, 2023)
      This thesis investigates the impact of the resource rent tax announcement and its implementation in Norway. The dataset consists of daily returns for eight salmon farming companies. Half of these companies are affected by ...
    • Impact of temperature on clean energy stock returns 

      Strandheim, Tormod; Sanne, Morten (Masteroppgave/UIS-HH/2020;, Master thesis, 2020-07-06)
      This study examines the effect temperature has on stock returns, and whether clean energy stocks respond differently to temperature than the general stock market. The paper focuses on three different indices; a clean energy ...
    • Impact of wind and solar production on electricity prices: Quantile regression approach 

      Do, Linh Phuong Catherine; Lyocsa, Stefan; Molnar, Peter (Peer reviewed; Journal article, 2019-08)
      We study the impact of fuel prices, emission allowances, demand, past prices, wind and solar production on hourly day-ahead electricity prices in Germany over the period from January 2015 until June 2018. Working within a ...