The last decade several democracies throughout the world have been disrupted. On numerous occasions the incumbent leader has taken undemocratic measures, making the democracy shift from a democracy toward a hybrid regime. ...

Economic voting is a well-established mechanism in which people make their voting decisions primarily on economic conditions such as household income or a nation’s economic environment. Despite the long history and the ...

This thesis examines the implications of a Central Bank Digital Currency (CBDC) narrowing the traditional banking system. The traditional banking system gets narrowed when commercial banks main source of funding (retail ...

This thesis uses the model in Hendrickson, Hogan, and Luther (2016) as a basis for an extended trading model that includes hackers. In addition, it shows how two measures - a government tax and private security - can help ...

This paper examines the effects of four determinants of innovation (profit, export, foreign-ownership and inter-firm cooperation) on small and medium-sized firms (SMEs) in South Korea. It also discusses the different ...

Since Bitcoin gained attention of the public and media, its prices have fluctuated enormously. Literature is inconclusive about Bitcoins characteristics regarding value determinants, causes of volatility and market efficiency. ...

This thesis contributes to the extensive line of research about the role of coordination in the European Monetary Union. In a one-country model, Alesina and Tabellini (1987) look at the role of coordination between the ...

The effect of a cognitive load on the precision of preferences in risk decision making is examined. In an experiment, participants were exposed to a cognitive load creating an interference with our reasoned thinking, which ...

The decision to engage in mergers and acquisitions (M&A) is often made to fast. That is proven by the fact that nowadays still a lot of mergers and acquisitions fail. Even though companies worldwide perform about 50.000 ...

This paper empirically analyzes Political Budget Cycles (PBCs): the attempts of government to influence election outcomes using fiscal instruments. The consensus in the literature is that PBCs are strongest in countries ...