Household finance, systemic risk measurement and corporate funding: Effects of financial stability and regulation
| Reference number | |
| Coordinator | Handelshögskolan i Stockholm |
| Funding from Vinnova | SEK 7 001 000 |
| Project duration | December 2012 - May 2017 |
| Status | Completed |
Purpose and goal
The project has been carried out as a joint cooperation of the Swedish House of Finance (SHOF) and the research department of Riksbanken. It has produced cutting hedge research in systemic risk on three areas of financial economics: Household Finance, Asset Pricing and Corporate Finance. Household Finance.
Expected results and effects
The project has been divided in a total of eleven subproject on which researchers of Riksbanken and SHOF have collaborated. The results span a wide variety of effects such as: the effect of housing on consumption and labor supply, the effect of corporate liquidity on export, the effect of valuation ratios on return skewness.
Planned approach and implementation
The projects produced working papers and presentations for university seminars and international conferences. The analysis follows the highest cutting hedge scientific standards. It includes advanced panel data and time series econometric techniques as well as theoretical modeling in corporate finance.