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  2. WP306revised

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp306.pdf
    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.
  3. Cambridge Judge Business School Working Paper No. 01/2018 A ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1801.pdf
    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.
  4. On the Cross-Section of Expected Returns of German Stocks: A…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0623.pdf
    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.
  5. IS THERE A RELATIONSHIP BETWEEN SHAREHOLDER PROTECTION AND STOCK ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp492.pdf
    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.
  6. www.eprg.group.cam.ac.uk EP RG WO RK ING PA PE R ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1210.pdf
    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.
  7. www.eprg.group.cam.ac.uk The European Single Market in Electricity:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1815.pdf
    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
  8. PDF - Privatising national oil companies: assessing the impact on…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0802-v2.pdf
    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. Cambridge Centre for Risk StudiesCambridge Risk Framework Food and ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-high-inflation-world-financial-catastrophe.pdf
    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
  10. PDF - Economic Capital Gauged - working paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0407.pdf
    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. www.eprg.group.cam.ac.uk EP RG WO RK ING PA PE R ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1212.pdf
    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.
  12. www.eprg.group.cam.ac.uk Cost Pass-through in the British Wholesale…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1937.pdf
    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.
  13. 291papersept

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp291.pdf
    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.
  14. WP387_June_sarkar-singh

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp387.pdf
    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.
  15. Abstract

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1202.pdf
    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’.
  16. VALUE CREATION THROUGH MERGERS AND ACQUISITIONS

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp252.pdf
    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.
  17. Lovers, Friends and Enemies: The Determinants and Effects of Hostile…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp216.pdf
    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.
  18. lng_contracts_v54_to_eprg_revised_15032006

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0610.pdf
    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
  19. THE USE OF QUANTITATIVE METHODS IN LABOUR LAW RESEARCH: ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp495.pdf
    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
  20. WPM$04C6

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp286.pdf
    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?’
  21. Distinguishing Weak and Strong Disposability among Undesirable…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0717.pdf
    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.
  22. Cambridge Centre for Risk Studies Cambridge Risk Framework…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-china-japan-conflict-stress-test-scenario.pdf
    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.
  23. Cambridge Centre for Risk StudiesCambridge Risk Framework Asset…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-global-property-crash-financial-catastrophe.pdf
    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
  24. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0820.pdf
    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.
  25. A Comparison of UK and Japanese Electricity Distribution Performance…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp3.pdf
    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.
  26. PDF - Econometric Modelling for Global Asset Liability Management -…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0313.pdf
    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.
  27. Brutscher-abstract

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1108.pdf
    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.
  28. PDF - Reputation Recources, Commitment and Performance of Film…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0403.pdf
    9 Jul 2023: their industry as a whole is on the rise in all economic sectors. ... literatures. Conversely, the empirical literature, most notably in marketing, economics and strategy, hardly.
  29. ISSN 2632-9611 RESURRECTING THE UK CORPORATE SECTOR ACCOUNTS Bill ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp519.pdf
    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:
  30. Cyber Catastrophe

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/150909-slides-coburn.pdf
    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.
  31. www.eprg.group.cam.ac.uk The Simple Economics of Asymmetric Cost…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1511.pdf
    8 Dec 2023: economic theory, homogeneous firms that compete on prices earn zero profit, and cost. ... test, but is not implied in any way by economic principles; it is simply a special case.
  32. PDF - How high should climate change taxes be? (WP 9/2011)

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1109.pdf
    9 Jul 2023: of GDP… The reason these returns existed in the past was because we were experiencing debt fuelled, unsustainable rates of rapid economic growth’ (CIVFI, 2011). ... the Optimal Carbon Tax Rate?,
  33. Alan D

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/jagolinzera-cv.pdf
    9 Jul 2023: David Larcker), Journal of Accounting and Economics, August 2015 Offensive Disclosure (with M. ... 10. Public Affairs Specialist, Air Force Operational Test and Evaluation Center, Kirtland Air Force Base, New Mexico; September 1989—March 1990 Awards.
  34. www.eprg.group.cam.ac.uk Climate Change and Economic Activity:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2208.pdf
    12 Dec 2023: Energy Economics 104,. 105624. Kalkuhl, M. and L. Wenz (2020). The Impact of Climate Conditions on Economic Production. ... Cambridge Working Papers in. Economics 2127. Kort, J. R. (2001). The North American Industry Classification System in BEA’s
  35. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1828.pdf
    8 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... Rather than permanently stranding assets that fail a used and useful test, we reorganise the financial and economic
  36. www.eprg.group.cam.ac.uk Sector Reforms and Institutional Corruption: …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1801.pdf
    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
  37. _pdf_ Wolf

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0805.pdf
    6 Dec 2023: substantially improved economic welfare in 11 of the 12 cases, with the main. ... The. metrics serve to test hypotheses on the performance impact of privatisation as.
  38. PDF - Privatising national oil companies: assessing the impact on…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0802.pdf
    9 Jul 2023: 5. promoting economic efficiency, and/or whether privatisation is an appropriate tool to. ... substantially improved economic welfare in 11 of the 12 cases, with the main drivers.
  39. WP300

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp300.pdf
    9 Jul 2023: days (Test 7), lower levels of required start-up capital (Test 9), lower values for the indices for employment conditions (Test 10) and hiring and firing flexibility (Tests 11 and 12), ... Difference Test. Test # Average Value. Difference Test. Average
  40. Stranded Assets

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1828.pdf
    8 Dec 2023: used and useful test, we reorganise the financial and economic affairs of a template network utility and “Park” excess capacity, issue credit-wrapped bonds to temporarily finance the stranded capital stock, ... Rather than permanently stranding
  41. The Measurability of Output

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp256.pdf
    9 Jul 2023: In order to empirically test hypothesis 2, a scale of the economic value created by each of the 349 jobs in the survey is required. ... 009 Measurability of Output 3.322. 037 Seniority by Economic Value 1.128.
  42. TitlePage1144&EPRG1121

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1121.pdf
    6 Dec 2023: root tests based on Augmented Dickey-Fuller (ADF) test (Dickey and Fuller, 1979). ... and Kwiatkowski; Phillips; Schmidt and Shin (KPSS) test (KPSS, 1992)11. Table 3: Unit root tests.
  43. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0915.pdf
    6 Dec 2023: EPRG Working Paper 0915 Cambridge Working Paper in Economics 0926. Aoife Brophy Haney & Michael G. ... Economics . Engineering . Law . Type of Expert . Not Applicable . Academic . Other Professional . 9 . Other  Local . International .
  44. www.eprg.group.cam.ac.uk Carbon pricing and the elasticity of CO2…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2035.pdf
    11 Dec 2023: Cambridge Working Paper in Economics 20116. Ryan Rafaty, Geoffroy Dolphin and Felix Pretis. ... a Climate Econometrics, Nuffield College, University of Oxford; b Institute for New Economic Thinking at the Oxford Martin School; c Judge Business School,
  45. Cambridge Centre for Risk StudiesCambridge Risk Framework Human…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-sao-paolo-virus-pandemic.pdf
    9 Jul 2023: We shock these variables in the Global Economic Model of Oxford Economics to estimate global macro-economic impact in terms of losses to global GDP output over 5 years. ... A further test comes when we try to model the impact of hypothetical economic
  46. Country-Specific Oil Supply Shocks and the Global Economy: A ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1512.pdf
    8 Dec 2023: economic variables of each economy (real GDP, inflation, real exchange rate, short and. ... of the test at 3.95, and the null hypothesis cannot be rejected.
  47. WP267

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp267.pdf
    9 Jul 2023: These were identified as those respondents who had worked for more than one employer in the six months prior to the questionnaire, and who ‘passed’ the tests of ‘economic reality’ for ... But, of this 92%, many would be affected by uncertainty as
  48. ISSN 2632-9611 DO CORPORATE GOVERNANCE RATINGS CHANGE INVESTOR…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp515.pdf
    9 Jul 2023: We test three explanations for asymmetric price effects, but none is strongly supported by the data. ... The generalized sign test follows Cowan (1992). Panel B presents results from a regression of CAR on Downgrade.
  49. TWENTY YEARS OF ‘LAW AND FINANCE’: TIME TO TAKE ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp501.pdf
    9 Jul 2023: JEL Codes: K0 Law and Economics (general), L5 Regulation and Industrial Policy, O1 Economic Development Keywords: law, regulation, corporate governance, theory Acknowledgements Gerhard Schnyder gratefully acknowledges funding from the Economic and
  50. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0819.pdf
    6 Dec 2023: Electric Power Distribution. EPRG Working Paper 0819 Cambridge Working Paper in Economics 0835. ... These conflicting tendencies of vertical integration have been subject to empirical test in.
  51. www.eprg.group.cam.ac.uk Ownership Unbundling of Electricity…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1905.pdf
    11 Dec 2023: 123-144. Greer, M. (2008), A test of vertical economies for non-vertically integrated firms: The case of rural electric cooperatives, Energy Economics, 30, pp. ... Electric Power Distribution, Journal of Regulatory Economics, 38, pp. 86-109. Meyer, R.

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