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  2. Chairs of Applied Economics and Economic Theory

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-caeet14sept08.pdf
    31 Jan 2024: Half the appointees in Applied Economics and nearly half of those in Economic Theory are still in post. ... Applied economics and economic theory are thus both relatively recent innovations as titles of Chairs.
  3. PDF - The Impace of Electricity Supply on Economic Growth in Sri…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0124-1.pdf
    9 Jul 2023: we have developed (Morimoto and Hope (2001)). We calculate extra economic output of. ... and economic growth: time series evidence from Asian developing countries’. Energy Economics 22 615-625.
  4. WPM$6E43

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp37.pdf
    5 Dec 2023: test of the potential tension between the political and economic frameworks for interconnector decisions.14. ... The question was whether USNI was a practicable alternative and, assuming technical feasibility, that should have been decided objectively by
  5. Life before Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Life-before-Economic-Regulation-UEA2.pdf
    2 Feb 2024: 1964/5 Early SCL lecture to students: peak-load pricing electricity• 1967 White Paper – economic performance targets, test. ... New economic thinking 1960s-1970s. • Austrian economics, competition as a rivalrous discovery process (Hayek via IEA,
  6. THE ECONOMIC SIGNIFICANCE OF LAWS RELATING TO EMPLOYMENT PROTECTION…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp500.pdf
    9 Jul 2023: THE ECONOMIC SIGNIFICANCE OF LAWS RELATING TO EMPLOYMENT PROTECTION AND DIFFERENT FORMS OF. ... 1. 1. Introduction The economic effects of labour regulation continue to be widely debated.
  7. THE CBR MACRO-ECONOMIC MODEL OF THE UK ECONOMY (UKMOD) ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp472.pdf
    9 Jul 2023: circumstances and is not a sufficiently general fear to vitiate econometric macro-economic modelling. ... The data and exogenous forecasts for the world trade index are from Oxford Economics and are weighted for UK non-oil goods export markets, making
  8. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-david-newbery-v2.pdf
    30 Jan 2024: Scarcity pricing (SRMC>LRMC) generates huge price rise now, resisted by NERSAConflict between politics and economics. ... discount rate• test: does the market price reward PPAs?• Would energy consumers sign PPAs?
  9. Cambridge Judge Business School Working Paper No. 01/2021 THE ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2021/09/wp2101.pdf
    9 Jul 2023: Multiplier tests to check for autocorrelation in the residuals; the Nyblom stability test to. ... Bloom, and S. J. Davis (2016). Measuring Economic Policy Uncertainty. The Quarterly Journal of Economics 131 (4), 1593–1636.
  10. PDF - Considerations of Quality in British Television Production: A…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0121-1.pdf
    9 Jul 2023: A few of these discussions and measures overlap with economic discussions of the concept of quality; others do not. ... There is an obvious overlap in one of the conceptions of quality with standard economic theory.
  11. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2208.pdf
    12 Dec 2023: How large are the effects of climate change on state-level economic activity in the U.S? ... Fourthly, we allow for state-specific and time-varying climate thresholds---a subtle form of nonlinearity – and also test for asymmetric weather effects.
  12. THE CONTRIBUTION OF LABOUR LAW TO ECONOMIC DEVELOPMENT AND ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp478.pdf
    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,
  13. www.eprg.group.cam.ac.uk Political Economy of Reform and Regulation…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1917.pdf
    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
  14. 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-wp1216.pdf
    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.
  15. wp276

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp276.pdf
    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.
  16. PDF - The role of medical professionals in top management teams of…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0801.pdf
    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.
  17. WP 401 paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp401.pdf
    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.
  18. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0823.pdf
    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.
  19. Motivation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0601.pdf
    5 Dec 2023: The second test, Table 6, deals with the convergence of the learning rate with. ... Harrison, R., Hau, E. and Snel, H. (2000). Large Wind Turbines; Design and Economics.
  20. Lovers, Friends and Enemies: The Determinants and Effects of Hostile…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp215.pdf
    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
  21. WP298

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp298.pdf
    9 Jul 2023: The economic performance is proxied by three variables. First, firm growth, which is calculated as the annual growth of total assets. ... No of Acquisitions 9,744 9,744 9,744. Wald Test 2,397.9 2,511.4 32,91.4.
  22. Chapter 5

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp212.pdf
    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.
  23. 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.
  24. Abstract_EPRG1207

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1207.pdf
    7 Dec 2023: EPRG Working Paper 1207 Cambridge Working Paper in Economics 1214. Philipp-Bastian Brutscher. ... One way to test why households self-disconnect is by regressing how often house-.
  25. Microsoft PowerPoint - ICIS Heren Talk on EMR [Compatibility Mode]

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ICIS-Heren-Talk-on-EMR-Compatibility-Mode.pdf
    5 Feb 2024: The economics of market reform: Assessing the likely commercial and. regulatory impact of EMR. ... International Review of Environmental and Resource Economics, 4, 51-92. • Grubb, M., Jamasb, T.
  26. PDF - Online Pricing and the Euro Changeover: Cross-Country…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0217.pdf
    9 Jul 2023: 2.6% higher. To summarize, consistent with economic intuition, we find that prices become. ... Equilibrium in a Model of Sales,” Games and Economic Behavior (1992), 4 pp.
  27. Cyber Catastrophe

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/showcase-presentation-ralph.pdf
    9 Jul 2023: International Trading Networks. Catastronomics The Economics of Catastrophe.  Aim: systemise the modelling of economic impact of systemic threat scenarios – Philosophy of structural or coherent stress tests. ... Goals. 23. Multi-Threat Economic Risk
  28. www.eprg.group.cam.ac.uk Democracy, economic development and…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2218.pdf
    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-.
  29. DOLLAR DEPOSED STRESS TEST SCENARIO Cambridge Centre for Risk ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-dollar-deposed-financial-catastrophe.pdf
    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
  30. DECODING EMPLOYMENT STATUS Simon Deakin WP 525 April 2021 ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp525.pdf
    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
  31. VARIETIES OF CREDITOR PROTECTION: INSOLVENCY LAW REFORM AND CREDIT ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp473.pdf
    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
  32. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1323.pdf
    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.
  33. 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.
  34. www.eprg.group.cam.ac.uk Techno-economic study of output-flexible…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2001.pdf
    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,
  35. WP379_singh _reddaway_

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp379.pdf
    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.
  36. 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.
  37. 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.
  38. 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.
  39. 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.
  40. 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.
  41. 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
  42. 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
  43. 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.
  44. 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
  45. _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.
  46. 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
  47. 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
  48. 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.
  49. 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.
  50. 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,
  51. 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 .

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