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6 Dec 2023: EPRG Working Paper 1109. Cambridge Working Paper in Economics 1125. Rabindra Nepal and Tooraj Jamasb. ... Economics, Heriot-Watt University. 1. Reforming the Power Sector in Transition:. Do Institutions Matter?

9 Jul 2023: 25. 17. Table 6: Financial wealth ratio stationarity tests Market sector financial wealth, ------------- Unit root test ------------- End-year ratio to annual MDI ADF PP KPSS Annual data. ... Table 8: Total and non-financial wealth ratios stationarity

9 Jul 2023: Thus new institutional economics can underpin legal support for fairness norms which are specific to employment as a distinct social and economic relation. ... However, for the purposes of the present-day debate over the economic impact of labour laws,

11 Dec 2023: www.eprg.group.cam.ac.uk. Techno-economic study of output-flexible light water nuclear reactor systems with cryogenic energy storage EPRG Working Paper 2001 Cambridge Working Paper in Economics 2001. ... market conditions. Keywords uncertainty analysis,

9 Jul 2023: Our economic. model and empirical analysis compare two basic TMT structures: (i) the medical. ... off in the second model, the physician might suffer. Interestingly, both a stylised economic.

7 Dec 2023: Within this context, New Institutional Economics (NIE) has emerged as. the body of economic thought that considers institutions to be relevant to. ... However, unlike old institutional economics, NIE. does not abandon neoclassical economic theory.

9 Jul 2023: more reliable test statistics being employed than those employed in these studies (Lyon, Barber and Tsai (1999)). ... a, b, c Significantly different from zero at the 1, 5 and 10% levels respectively, using a two tailed test B.

6 Dec 2023: More recent applications of. the cash ows test rely on simulation based econometrics. ... 31) and without this constraint, and then implementing the likelihood ratio test:39.

9 Jul 2023: This will happen when people can prove that they are immune using an antibody test. ... coronavirus-test-to-reveal-who-has-had-covid-19-with-no-symptoms/ accessed 16 April 2020.

9 Jul 2023: 24 . Table 7. Dividend Payers vs. Non-Payers Summary Statistics Tests for Difference Between. ... 32 . Wu-Hausman test for exogeneity has been conducted for all dividend models and foreign ownership.

9 Jul 2023: The Wilcoxon test for differences between pre- and post-takeover median values in hostile takeovers is significant at the 1% level. ... To test whether the impact of takeover on profit differs significantly between hostile and friendly takeovers, we

9 Jul 2023: Management stress tests.  Emerging risk monitoring and stress test design. ... 2014. Sybil Logic Bomb Stress Test Scenario. Development of a stress test scenario for an.

9 Jul 2023: We test formally for the relationships between competition, inter-firm cooperation and innovation. ... Crafts, N. (1996), ‘Deindustrialization and Economic Growth’,. Economic Journal, 106, 434, 172-83.

9 Jul 2023: Comparable tests of household and corporate sectors’ financial balance data are not possible, but the hypothesis that different vintages of PNFC financial balance data are isomorphic representations of the same economic ... S-W t-test:

9 Jul 2023: Contagion Scenarios 3. History, Crisis and Contagion 4. The Economic Burden of Contagion. ... Cambridge Financial Stress Test Scenarios. Cambridge Scenario Development Process. Comparing Cambridge Scenarios with US Stress Tests.

12 Dec 2023: order analysis of Bayesian country-specific democracy effects to explicitly test the role of economic de-. ... formally test the moderating effect of economic development on the relationships between democracy-.

9 Jul 2023: and interest rates and foreign direct investment levels in both the USA and China within the Global Economic Model of Oxford Economics. ... The rate of change in economic conditions has, of late, been such that stress tests have little longevity with

9 Jul 2023: Thus the control test was ‘the most traditional, with roots going back to at least the nineteenth century’,20 while the integration and economic reality tests dated from the middle decades ... By contrast, 30% of this group ‘failed’ the

7 Dec 2023: These regulations typically have an annual economic impact of at least $100 million. ... We find some evidence that it does change economic rankings of alternatives in a small number of cases.

11 Dec 2023: not have clear economic or social objectives thus performance may improve or deteriorate. ... 13. specification tests. The first is a Hansen test for overidentification restrictions which is a joint test of model specification and appropriateness of the

9 Jul 2023: i) Quality of law: this is the claim that legal rules shape economic outcomes according to how far they support market-based economic activity as suggested in new institutional economics (North, ... Their dynamic panel data analysis offers a more

9 Jul 2023: conviction. He changed the direction of the department’s research towards. applied economics and economic policy. ... way of doing economics from the pages of the Economic Journal after he.

9 Jul 2023: For this purpose, the performance assumptions expressed in economic terms are restated in innovation terms. ... Wald Test 308.55 245.04 212.59. Degrees of Freedom 45 36 43.

9 Jul 2023: Restoration period. Asset damage. Direct economic. impact. Indirect economic. impact. Total economic impact. ... Secondly, we use the Oxford Economics Global Economic Model (OEM) to understand the impact on.

9 Jul 2023: IID, so that the test statistic is distributed student-t and asymptotically normal. ... 51 See Roll’s general critique of tests of asset pricing models, R.

9 Jul 2023: choice of econometric models used to test for presence of causal relations between legal and economic variables (on which, see section 3 below). ... ii) Panel VEC Causality Tests Independent variable. Dependent variable. Test statistic: Chi-square.

8 Dec 2023: www.eprg.group.cam.ac.uk. The European Single Market in Electricity:. An Economic Assessment. EPRG Working Paper 1815. ... hoarding their historic access rights in order to limit cross-border trading (something which explained initially low or

7 Dec 2023: one of key activities in empirical industrial organization. A large and growing economic. ... model, while satisfying the restrictions of the economic theory The need for tractability.

9 Jul 2023: Based on this dataset we test whether the privatisation of NOCs is empirically. ... one-sided Wilcoxon signed-rank test, is then employed to test whether the median.

9 Jul 2023: Recently, the rapid rate of change in the economic climate means that results of such stress tests have little longevity and are quickly rendered obsolete. ... In this period of general economic recovery there are concerns that current stress tests are

8 Dec 2023: assumed regulatory responsibilities with the aim of achieving specific social and economic objectives. ... Obtaining consistent, efficient and unbiased results using the Sys-GMM estimator is contingent on two specification tests; Hansen test for

9 Jul 2023: determined and is transforming the banks’ view of economic capital. This paper investigates. ... ECMRC. Tier 1. Capital. Economic Capital. (EC). MinimumRegulatoryCapital. MRC = 8% Risk Weighted Assets.

11 Dec 2023: JEL Classification L13, Q48, D41, H23, C32. Affiliations: School of Applied Economics, Renmin University of China. ... Corresponding Author: School of Applied Economics, Renmin University of China. Email: b.guo@ruc.edu.cn.

7 Dec 2023: OECD countries if the head of executive has an educational background in economics. ... country. This paper attempts to discover the impact of political economic variables on.

9 Jul 2023: T-test on break between 1983 and 1984. 084 (.018). 037 (.019) -.000 (.029). ... Griliches, Zvi. “Market Value, R&D, and Patents.” Economic Letters, 1981, 7, pp.

9 Jul 2023: institutional economics and the general literature on the determinants of economic growth. ... Rodrik, D. 2002. One Economics, Many Recipes: Globalization, Institutions, and Economic Growth, Princeton, Princeton University Press.

7 Dec 2023: EPRG Working Paper 1202 Cambridge Working Paper in Economics 1203. Philipp-Bastian Brutscher. ... tests for ‘other-control’problems directly; it is the first test for ‘other-control’.

9 Jul 2023: Each variable has been winsorized at the 99th percentile. The tests used to test differences in the mean and median are a t-test and the Wilcoxon Signed Ranks test. ... We test this methodology on a comprehensive sample of 386 takeovers between U.K.

9 Jul 2023: Loderer and Martin (1997) test the endogeneity of board ownership and bidder announcement returns. ... We carry out the Hausman specification test to determine whether OLS or 2SLS.

5 Dec 2023: Furubotn, Eirik G., and Rudolf Richter (1997) Institutions and Economic Theory: The Contribution of the New Institutional Economics. ... Saussier, Stéphane (2000) When Incomplete Contract Theory Meets Transaction Cost Economics: A Test on Contractual

9 Jul 2023: 4. The use of composite legal indices in econometric analysis The final step in the use of leximetric data to test claims concerning the economic impact of labour regulation is to ... carry out a regression analysis to test for correlations and causal

9 Jul 2023: Arellano, M., and Bond, S.R. (1991). ‘Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations’, Review of economic studies, vol. ... Kaldor, N. (1975). ‘What is wrong with economic theory?’

6 Dec 2023: efficiency scores as the choice of disposability assumption. 5.3 Rank-sum test. ... 18. Table 7: Wilcoxon-Mann-Whitney Test Statistic. Group 1 Group 2 Models.

5 Dec 2023: Networks." Resource and Energy Economics 19(1-2): 109-137. DeCarolis and Keith (forthcoming). ... opoly." Economic Theory(10): 131-146. Hobbs, B. F. and U. Helman (2004).

9 Jul 2023: Cambridge Centre for Risk Studies Cambridge Risk Framework. Geopolitical Conflict: Stress Test Scenario. ... A further test comes when we try to model the impact of hy pothetical economic extreme conditions on inv estment asset classes and portfolios.

9 Jul 2023: We estimate the effects of these shocks on the world economy using the Global Economic Model (GEM) of Oxford Economics’. ... Recently, the changing economic climate makes so that the results of such stress tests have little longevity and are quickly

6 Dec 2023: distribution networks in New Zealand and the resulting economic consequences have received little. ... According to the Ministry of Economic Development there has nevertheless been very little.

5 Dec 2023: Table 2 also shows the results of a hypothesis test using analysis of variance tests of thedifferences in the sample means. ... Førsund, 1993). Table 3 also shows the hypothesis test using analysis of variance tests of the differencesin the sample means.

9 Jul 2023: We test the whole set of time series individually for underlying unit root processes. ... between the financial and economic variables such as interest rate and purchasing power parity.

6 Dec 2023: all socio-economic groups: To date, about 30% of all electricity customers in. ... socio-economic variables.1 For simplicity, we focus here on income. The figure.