This thesis consists of four self-contained papers related to energy demand and household cooking energy.<p> Paper [I] examine the impact of price, income and non-economic factors on gasoline demand using a structural time series model. The results indicated that non-economic factors did have an...</p>

Hedging of illiquid financial instruments is carried out with liquid instruments that, as a rule, have simpler payoff functions. For example, hedging of Asian or long-dated put options is carried out with vanilla puts, hedging of Bermuda swaptions is done with vanilla swaptions, etc. This kind...

Contagion is an extremely important topic in finance. Contagion is at the core of most major financial crises, in particular the 2008 financial crisis. Although various approaches to quantifying contagion have been proposed, many of them lack a causal interpretation. We will present a new...

This paper offers a synthesis of a new analytical procedure based on the complementary use of a large number of methods and techniques for categorization of objects, pattern recognition and for structural analysis. It represents an example of a functional clustering [1] and an extension to the...