Magistrantūros studijų baigiamasis darbas, 56 puslapiai, 30 paveikslų, 2 lentelės, 5 priedai, 59 literatūros šaltiniai, lietuvių kalba.RAKTINIAI ŽODŽIAI: bendroji ekonominė vertė, privačios gėrybės, viešosios gėrybės, bioįvairovė, miškų ekonominė vertė, didinimo...

In the first essay, I decompose inflation risk into (i) a part that is correlated with real returns on the market portfolio and factors that determine investor’s preferences and investment opportunities and (ii) a residual part. I show that only the first part earns a risk premium. All...

This dissertation contributes to our knowledge about water markets by analyzing the factors that explain market transactions of water rights when there is also a spot market for water volumes. I hypothesize that risk heterogeneity among farmers can explain those transactions. To test the...