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  2. CCEPPWP0705

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp07-05.pdf
    19 Oct 2023: COMPUTERISATION. By M. C. Baddeley Centre for Economic and Public Policy, Cambridge UK. ... and Augmented Dickey Fuller (ADF) tests. Perron (1994) suggests an alternative procedure in order to test for non-stationarity and so the DF/ADF tests are
  3. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc-wp-2020-05-fuerst.pdf
    19 Oct 2023: To better understand the tests to be implemented in order to test for the diversification. ... Asymptotic distribution of both tests is relatively easy under these strong assumptions (see.
  4. 1 The ‘Fallacy of Composition’ Market Failure: A Sufficient ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/yiannisthanospaperfnl2.pdf
    19 Oct 2023: 15. Pigou, A.C. (1946), The Economics of Welfare, (4th ed.) London: Macmillan. ... Tobin, J. (1986), “The Future of Keynesian Economics”, Eastern Economic Journal, 12(4), 347-356.
  5. Romero_McCombie_2015b

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/multisectoralthirwallslawwp0415.pdf
    19 Oct 2023: João P. Romero and John S. L. McCombie. CAMBRIDGE CENTRE FOR ECONOMIC AND PUBLIC POLICY. ... data related to this sector were not used in this paper’s tests.
  6. There is no box. At the Centre of Resilience and Sustainable…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-06/bookmarks-compressed.pdf
    19 Oct 2023: research. SIMS scorecard applies systems design theory and sustainability science to financial economics to identify relevant and material sustainability drivers. ... We combine engineering verification test (EVT) with advanced systems dynamics thinking,
  7. McCombie & Spreafico wp.

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp1603.pdf
    19 Oct 2023: economic mileux with the rise of financialisation, defined broadly to include the increasing. ... marginal product, neoclassical economics, instead, uses an indirect test. Production theory shows.
  8. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp_18-02-bao.pdf
    19 Oct 2023: asymmetric in all countries. The Jarque–Bera normality test also rejects the null. ... factors in explaining REIT returns. Journal of Real Estate Finance & Economics, 27(1),.
  9. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/CRERC_2024-01%20WP.pdf
    26 Jan 2024: between politics, economics, and environmental challenges, demonstrating the importance of considering political economy factors in understanding and addressing climate change, carbon emission reduction, and sustainable development. ... Where
  10. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc_2022-01_wp.pdf
    19 Oct 2023: Affiliation: University of Cambridge, Department of Land Economy, Maastricht University, Erasmus School of Economics. ... could sustain its political and economic status as the capital of the Southern Netherlands.
  11. BANK CREDIT AND THE HOUSING MARKET

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-13.pdf
    19 Oct 2023: that agents demand bank credit that they need to satisfy their economic activities. ... root/stationarity tests. We apply the augmented Dickey-Fuller (Dickey and Fuller; 1979,.
  12. Introduction

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-07.pdf
    19 Oct 2023: However, traditionally, the subject has been rather marginal to the mainstream of economics. ... characteristic of the North American "new economics" literature (see, in particular, Glaeser et.
  13. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-03-bao.pdf
    19 Oct 2023: test our hypotheses. First, we identify significant overconfident trading behavior in four REIT. ... crisis serves as a natural setting to test this hypothesis, the six REIT markets respond to the.
  14. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc_2022-05_wp.pdf
    19 Oct 2023: Creditor rights and corporate risk-taking. Journal of Financial Economics 102, 150-166. ... Measuring Economic Policy Uncertainty. Quarterly Journal of Economics 131, 1593-1636. 6) Beaver, W., Kettler, P., Scholes, M., 1970.
  15. On Accounting Identities and Aggregate Production Functions: A…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-10.pdf
    19 Oct 2023: CAMBRIDGE CENTRE FOR ECONOMIC AND PUBLIC POLICY. CCEPP WP01-10. DEPARTMENT OF LAND ECONOMY. ... namely, that it invalidates any attempt to test, or estimate, the aggregate production.
  16. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_201607_tl.pdf
    19 Oct 2023: Overall, S passes the initial test of being able to tell similar from distinctshapes. ==== ... John Wiley, Chhichester, UK. Vandell, K.D., Lane, J.S., 1989. The Economics of Architecture and Urban Design: SomePreliminary Findings.
  17. CCEPPWP0805

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp08-05.pdf
    19 Oct 2023: events. Prediction is particularly complex when it comes to economic processes because the economic world is changeable. ... 12. business/commerce/economics degrees and finally MBAs. This pattern is maintained across all sizes of firms.
  18. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-2016-04-tl.pdf
    19 Oct 2023: Abstract: Cyberspace is no different from traditional cities, at least in economic terms. ... the bedrock of Urban Economics, the classic monocentric city model (Alonso 1964; Mills 1972;.
  19. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-05-bao.pdf
    19 Oct 2023: 3. horizontal economic competition, and in general, a city with a higher administrative. ... services, housing prices and other economic variables. Another issue that needs to be.
  20. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_21-02_bao.pdf
    19 Oct 2023: Xi’s Post-Virus Economic Strategy for China Looks Inward, The New York. ... Land use change and economic growth in urban China: A structural equation analysis.
  21. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc_2022-03_wp.pdf
    19 Oct 2023: plementation based on a quantitative model verification test suitable for ML models using image. ... quirements, specific testing routines, so-called model verification test, are needed to conduct this.
  22. Capital Account Liberalization and Poverty: An Empirical Analysis

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp04-09.pdf
    19 Oct 2023: 13880, Cambridge, MA: National Bureau of Economic Research. Holden, P. and Prokopenko, V. ... Luintel, K.B., Khan, M., Arestis, P. and Theodoridis, K. 2008. Financial Structure and Economic Growth”, Journal of Development Economics, vol.
  23. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_201608_absffnc.pdf
    19 Oct 2023: The Journal of Economic Perspectives 26, 3–28. Allcott, H., Mullainathan, S., 2010. ... Journal of Economic Behavior & Organization 89, 122–135. Fraj, E., Martinez, E., 2006a.
  24. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc-wp-2020-02-lizieri.pdf
    19 Oct 2023: addressed in a later robustness test. 10. Figure 1: Distribution of MSA Betas. ... regression coefficients and test if the average coefficient is significantly different from zero.
  25. 1 Transportation infrastructure and University-Industry…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0220.pdf
    19 Oct 2023: Rafael Saulo Marques Ribeiro. Faculty of Economics, Federal University of Minas Gerais, Belo Horizonte, Brazil Associate member of the Cambridge Centre for Economic and Public Policy (CCEPP), University of Cambridge, UK ... CAMBRIDGE CENTRE FOR ECONOMIC
  26. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-17-05-bao-lizieri-2016.pdf
    19 Oct 2023: Department of Land Economy Environment, Law & Economics. Working Paper Series . No. 2017‐05 . ... in the tests and the narrow emphasis on individual hypotheses. According to Rehkugler.
  27. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-09/crerc_2023-05_wp.pdf
    19 Oct 2023: Anthony Lepinteur, Giorgia Menta and Sofie R Waltl. Affiliation: University of Luxembourg, Luxembourg Institute of Socio-Economic Research, University of Cambridge and Vienna University of Economics and Business. ... larising the working position of
  28. WP0205

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-05.pdf
    19 Oct 2023: acceptance of New Keynesian principles. Keynesian theory provided the policy solutions to economic. ... 80-4/5, Institute of Economics, Aarhus University. Perry, G. (1975) 'Determinants of wage inflation around the world', Brookings Papers on Economic.
  29. Final - 20181213

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-07-bao.pdf
    19 Oct 2023: economic literature. Reference dependence means that decision makers asses the value of a. ... tests except the VIF (variance inflation factor) test for multicollinearity. The five distance.
  30. Illuminating trade-offs: the socio-economic impacts of dam…

    https://www.landecon.cam.ac.uk/sites/default/files/2024-03/CEENRG_WP_2024_01_Goodman.pdf
    21 Mar 2024: Fan et al. (2022) demonstrate a correspondence between dam construction and economic and. ... 15 km around the dam to explore socio-economic activity. However, a sensitivity test is to.
  31. C-EENRG Working Papers, 2016-3. Larcom, Panzone & Swanson

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp07.pdf
    19 Oct 2023: moving the decisionfrom a moral to an economic one (Frey, 1992, Cardenas et al., 2000). ... Table 3: Kolmogorov-Smirnov test. New plastic bags Total plastic bags. D Statistic D Statistic.
  32. McCombie Spreafico and Xu WP 03-15

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0315.pdf
    19 Oct 2023: J.S.L. McCombie is Director of the Cambridge Centre of Economic and Public Policy (CCEPP), University of Cambridge, and Fellow in Economics, Downing College (corresponding author: jslm2@cam.ac.uk). ... The. use of Lagrange Multiplier tests is used to
  33. APPLIED PAPER

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp10-05.pdf
    19 Oct 2023: Surely, though, further and more robust tests are required. In the rest of this section we test further for the possibility of ‘lock-in’ effects by. ... trends and cycles in economic time series”, Review of Economics and Statistics.
  34. Policy Uncertainty and Real Estate Development in China

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-09-li.pdf
    19 Oct 2023: Along with this rapid urbanization, real estate has been a key engine to China’s economic. ... This enables us to test the net effect of risk associated with policy uncertainty.
  35. Layout 1

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/report_61.pdf
    17 Jan 2024: Similarly, itrequires authorities to assess the economic viability of any targets foraffordable housing, including their likely impact upon overall levels ofhousing delivery and creating mixed communities. ... Many authorities arealready responding to
  36. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-03_wp.pdf
    19 Oct 2023: economic activities, such as homestay, catering, cultural and creative industries (Gu et al., 2020). ... characteristics of the respondents. According to Ward et al.(2009), regional economic conditions 385.
  37. Cambridge Real Estate Research Centre World Class Real Estate ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-03/CRERC%20Annual%20Report%202022.pdf
    27 Mar 2024: Dr Ozge Oner is an Associate Professor in Spatial Economics and Real Estate. ... Her research interests include housing economics, household finance, and economic and urban history.
  38. On the Strategic Timing of Sales by Real Estate Developers- To Wait…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-04-bao.pdf
    19 Oct 2023: We test our hypotheses using residential development data from Hong Kong between 1995 and 2015. ... are engaged in presales, thereby providing us with sufficient observations to test our hypotheses.
  39. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rercwp_1701_lindenthaleichholtzgeltner.pdf
    19 Oct 2023: Rosenthal and Helsley (1994). They apply the theoretical economic foundation to data of. ... economic realities, as all buildings stood on just one parcel. This illustrates that.
  40. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc-wp-2020-04-ling-li.pdf
    19 Oct 2023: market and two important findings were documented. First, as a test of the loss aversion effect,. ... sector. We consider two robustness tests. First, we repeat the tests in Table 5 by limiting the holding.
  41. Housing associations face fundamental challenges to their role in ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/summary_20_1.pdf
    23 Feb 2024: Economic theory suggests demand side subsidies are more appropriate to well operating markets. ... The danger of a serious mismatch between policy intentions and economic realities is manifest.
  42. Cambridge Real Estate Research Centre Annual Report 2023 Department…

    https://www.landecon.cam.ac.uk/sites/default/files/2024-07/CRERC%20Annual%20Report%202023.pdf
    5 Jul 2024: Her research interests include housing economics, household finance, and economic and urban history. ... Yezhou Sha, Ziwen Bu, and Zilong Wang. International Journal of Finance and Economics.
  43. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-01_wp.pdf
    19 Oct 2023: 1. Introduction Standard Economic Theories (SET) assume that individuals act in their rational self-. ... 3.1 The emphasis of field evidence. Early studies in behavioural economics relied on lab experiments.
  44. THE MONETARY POLICY OF THE BANK OF ENGLAND

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-06.pdf
    19 Oct 2023: permanent effects on the level of economic activity. It can only have temporary. ... conclusion reached by the UK House of Lords Select Committee on Economic Affairs.
  45. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_201606_absff.pdf
    19 Oct 2023: traits and risk preferences. A sound body of literature in psychology and economics. ... should follow that personality traits also show a relationship to the economic outcome.
  46. Beliefs, Uncertainty and Decision-Making inCommercial Real Estate…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-08/lizieri_keynote6.pdf
    19 Oct 2023: This is, in effect, a critique of unthinking equilibrium economics: the assumption that. ... ventional economics) and on key differences in the behaviour of actors, their motivations.
  47. C-EENRG Working Papers, 2016-5. Montini & Volpe

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp09.pdf
    19 Oct 2023: 44 H. E. Daly, Beyond Growth. The Economics of Sustainable Development, cit., p. ... 22, pp. 203 ff; H. E. Daly, The Economic Growth Debate: What SomeEconomists Have Learned But Many Have Not, in Journal of Environmental Economics and Management,1987, vol
  48. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-2016-03-ff-eo-oh.pdf
    19 Oct 2023: capitalisation into the lump-sum house price the only channel for economic rewards of. ... extant studies. Based on our conceptual framework, we derive three hypotheses that we test.
  49. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-2016-02-ff-xl-cl.pdf
    19 Oct 2023: Journal of Housing Economic. 15. Pp: 80-97. Bourassa, S.C., Cantonil, E. ... New England Economic Review. Pp:45-56. Chau, K., Wong, S., Yiu, C.
  50. Housing finance and the housing market; lessons from the ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/journal-article_1_1.pdf
    23 Feb 2024: It also has been given a duty to support the economic policy of the Government. ... Winter 2013 HOUSING FINANCE INTERNATIONAL 25. Office of Budget Responsibility ( 2013) Economic and fiscal outlook, OBR, London.
  51. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-2016-05-joj-ff.pdf
    19 Oct 2023: Additional tests highlight that irrational trading behavior is particulary pro-. nounced when NAV spreads increase. ... Breusch-Pagan Test for heteroscedasticity justifies the usage of quantile regres-. sion technique.

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