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Model vs. Market - A comparison of VaR and ES estimation for sector ETFs using model based IGARCH and market implied volatility in the VWHS framework

Tail risk metrics such as VaR and, especially ES are and have become of great importance to both investors and financial institutions such as banks in determining their amount of loss absorbing capital given the Basel framework. Estimating these metrics have become trivial, but to do it accurately while also taking market conditions such as periods of market stress into account still presents chal

New Generation Tamper Resistant Key Switch

Detta examensarbete presenterar utvecklingen av en ny generation mekanisk nyckelbrytare (KS) för impulsgivning i passersystem. Projektets fokus låg på att förbättra manipuleringståligheten hos hårdvara som exponeras för krävande miljöer, såsom utomhusinstallationer, samtidigt som stöd för flera vanliga cylindertyper integrerades, inklusive Euro DIN, Kaba och ASSA-cylindrar. Att stärka den fysiskaThis master's thesis presents the development of a new generation mechanical key switch (KS) used for key-impulse activation in access systems. The project's focus has been to enhance tamper resistance in hardware exposed to demanding environments, such as outdoor installations, while introducing support for multiple common lock cylinder formats, including Euro DIN, Kaba, and ASSA cylinder

Teacher’s Sensemaking and Positioning in Addressing ‘Interpersonal Violence’ between Students: A Qualitative Study across Swedish Elementary Schools.

Modernity is reflected in various sectors, with education being one of the most prominent. New expectations have emerged, and a ‘juridification’ of schooling has increased the pressure on teachers by assigning them new responsibilities that were traditionally managed by other authorities. Despite a legislative shift in the Swedish Educational Act in 2010, there remains a lack of clarity regarding

Winners and Losers: An empirical study on the employment effects of the 2018 tariffs imposed by the first Trump administration

This thesis investigates the mid-term employment effects of the 2018 U.S. tariff escalation under the first Trump administration. While the tariffs were introduced to protect domestic industries and “bring back jobs,” their actual labor market impacts remain uncertain. While previous research focuses on short-term effects or isolated industries, this thesis takes a broader perspective by examining

Size-dependent Mechanisms of Lipid Nanoparticle Induced Endosomal Escape

Molecular pathologies can be targeted using lipid nanoparticles carrying therapeutic RNA. Extrahepatic delivery remains a major bottleneck, however, small lipid nanoparticles could allow targeting of deeper tissue layers, low vascularized tumors and the lymph nodes, improving the range of druggable cell types and diseases. Lipid nanoparticle size as a tunable parameter influencing therapeutic effi

An Inquiry Into the Relationship Between Banks and Capital Markets

This thesis examines the interaction between capital markets, commercial banks, and investment banks, by further developing an existing model of financial system architecture. The development consists of adding the distinction between commercial and investment banks to the bank sector. Previous literature has debated whether the development of the bank sector and capital markets is mutually benefi

Covered or Neutralized? GloBE-Rules Impact on Fiscal Instruments - What are the implications?

This thesis examines which fiscal instruments are considered as Covered Taxes under the GloBE Model Rules particularly in the Oil and Gas sector. The countries used for the examination are Brazil and Nigeria as both have a huge oil and gas sector. While Brazil has adopted a Qualified Domestic Top-up Tax, Nigeria has abstained against the Pillar Two framework. The main research question explor

HCal bar calibration with cosmics at LDMX

This thesis aims at understanding, through simulation, how the cosmic muon flux will look like in LDMX’s HCal and to use the characteristics of minimally ionizing muons to set up a method for scintillator bar calibration. LDMX’s HCal is a sampling calorimeter with scintillator bars as the active material. Cosmic muons enter the HCal from different angles, and thereby deposit different amounts of e

EU's Free Trade Agreements in the Light of Sustainability - An analysis of sustainability clauses in free trade agreements and how they contribute to the UN's global goals and the EU's strategic sustainability policy

This paper addresses sustainability clauses in the European Union’s (EU) free trade agreements (FTAs) and examines their role in integrating environmental, social, and economic objectives within international trade. Against the backdrop of global sustainability agendas – namely Agenda 2030 and the European Green Deal – the study investigates how these contractual provisions are designed to support

High-resolution temporal and spatial variation in the water quality of Lake Bolmen, Sweden

This study presents a comprehensive analysis of the spatiotemporal dynamics of water quality in Lake Bolmen, southern Sweden, based on high-resolution monitoring data (2022–2024) from five regions. Key parameters—including temperature, dissolved oxygen, pH, turbidity, electrical conductivity, oxidation-reduction potential, and chlorophyll fluorescence—were assessed using data analysis method inclu

Comparative Analysis of Discrete-Event Simulation Programs

Choosing the right discrete-event simulation (DES) software is a challenging and important task. Given the announcement that sales and support of AFRY’s primary DES software, AutoMod, will be discontinued by December 31, 2026, and the lack of a recent review of the current market offerings, it is a essential for AFRY to explore new alternatives. The aim of the thesis is to help AFRY analyze and se

Driving the Transition: Electrification of the Public Transport System in Kathmandu Valley

This thesis explores the electrification of the public transport sector in Kathmandu Valley using the Multi-Level Perspective framework and a lens based on Political Economy. It analyses how government bodies, the private sector, civil society, development organisations, and academia influence transition dynamics. Drawing on semi-structured interviews and fieldwork, it identifies drivers such as a

När vården mäts i minuter

Under de senaste decennierna har vårdsystem i allt högre grad formats av styrmodeller inriktade på effektivitet, ofta påverkade av marknadsbaserade ideal. Denna studie undersöker hur sjuksköterskor upplever konsekvenserna av sådana reformer, särskilt i relation till deras arbetsvillkor och deras upplevda kvalitet på patientvården, samt hur dessa upplevelser skiljer sig mellan offentlig och privat

The Development of a Foldable Roof Box

This thesis project, initiated by Thule, aimed to develop a concept for a foldable roof box. The goal was to create a solution that is easier to handle and store than traditional roof boxes, which are often perceived as bulky and difficult to manage when not in use. The project followed a design process based on the Double Diamond model, Human-Centered Design, and Thule’s internal development pro

Sustaining Rights-Based Youth Climate Action During Political Transitions : A Case Study of the YES4ECO Project in Bangladesh

This thesis analyses how rights-based youth climate groups can sustain their interventions during political transitions, using the YES4ECO project in Bangladesh as a case study. The youth-led project in the climate-vulnerable districts of Bangladesh faced disruption following the uprising in July 2024, as it destabilised the local government structures. The study draws on 29 key informant intervie

"Kvinnor som säljer sex och män som köper" - en kvalitativ innehållsanalys av Dagens Nyheters rapportering av prostitution under perioden 1994-2024

Följande uppsats behandlar rapporteringen av prostitution i Dagens Nyheter under perioden 1994-2024. Syftet återfinns i hur rapporteringen tagit sig uttryck under perioden, med ett något speciellt fokus riktat mot prostitutionens aktörer. Materialet har valts ut med hjälp av Retriever Research och undersökts med utgångspunkt i en kvalitativ innehållsanalytisk ansats. Utifrån feministisk teori och

The Impact of Infrastructure on the Mobility and Social Participation of Elderly People in Urban China: Insights from Family Caregivers

As China's aging process accelerates, it is becoming increasingly difficult for existing urban infrastructures to meet the needs of older adults in terms of daily mobility and social participation. This paper examines how urban infrastructure in China facilitates or constrains the daily lives of older adults by understanding the perspectives of family caregivers. Based on data from semi-struct

Intent in the Era of Mechanical Forces

The advent of Lethal Autonomous Weapons Systems (LAWS) introduces transformative, yet deeply problematic, complexities into modern warfare, particularly concerning the attribution of criminal responsibility under international criminal law. This thesis confronts the critical challenges these systems pose to the dolus specialis, the specific intent to destroy, requirement for the crime of genocide.

Att bryta den onda cirkeln: Relationers betydelse för att unga lagöverträdare ska undvika återfall i brott

In this study, we focused on highlighting the importance of relationships between the professional and the client in HVB. The aim was to investigate how the relationship could contribute to preventing recidivism in adolescents and young adults. The study was qualitative and based on our semi-structured interviews to get in-depth reflections and experiences of their work. We used a purposive sampli

ESG Rating Disagreement and the Green Bond Premium: Evidence from the European Corporate Bond Market

This thesis investigates the existence of a green bond premium, or greenium, in the European corporate bond market. It examines how ESG disagreements affect this premium. By utilising secondary market data for 515 green bonds and 2.325 conventional bonds issued between 2018 and 2025, a matching methodology based on Zerbib (2019) is employed to isolate the yield differential attributed to the green