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  2. 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.
  3. 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.
  4. 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.
  5. Valuing success: A case study of Emmaus Village Carlton | Department…

    https://www.landecon.cam.ac.uk/cambridge-centre-for-housing-and-planning-research/project/valuing-success-case-study-emmaus
    Valuing Success: A Case Study of Emmaus Village Carlton, Report. This study was an economic evaluation of Emmaus Village Carlton as a social enterprise. ... In 2007, CCHPR was approached by Emmaus UK and the East of England Development Agency (EEDA) to
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. On Crises in Macroeconomic Theory and Policy

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/representativeagentwp0814.pdf
    19 Oct 2023: European Journal of Economics and Economic Policy. 1. Introduction. Unlike microeconomics, macroeconomics for many years has seemed to be in a. ... For example, the Post Keynesian. and New Classical Economics share the many of the same economic concepts.
  11. Long-Term Capital Management

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-12.pdf
    19 Oct 2023: saw, only five months before the collapse, “global economic risks as having declined. ... economic model.1. But at least in one respect this time was different.
  12. INFLATION TARGETING: ASSESSING THE EVIDENCE

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp12-05.pdf
    19 Oct 2023: 2.5 Evidence of IT impact on macro-economic variables Cohen et al. ... react to above-target inflation when it is accompanied by slow economic growth (Kuttner, 2005, p.
  13. 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.
  14. The Impact of Stranded Fossil Fuel Assets on International ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp23.pdf
    19 Oct 2023: associated extraction infrastructure, that would ‘prior to the end of their economic life, no longer. ... preferences or economic downturns, as evident in the COVID-19 crisis, have a profound market.
  15. 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.
  16. 1 Risk-opportunity analysis for transformative policy design and…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp25.pdf
    19 Oct 2023: 31. b. Disequilibrium dynamics in complexity economics. 31. c. Path-dependence and the direction of change in complex economic systems. ... philosophical pedigree of welfare economics going back to 18th century, through which much.
  17. Annex A

    https://www.landecon.cam.ac.uk/sites/default/files/2024-03/annexes.pdf
    7 Mar 2024: However, other types of economic inactivity such as sickness and disability are similar. ... The South East has the highest economic activity and the North East has the lowest.
  18. The Tyranny of the Accounting Identity Works Full Time: A Rejoinder…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/aggregateproductionfunctions.wp1014.pdf
    19 Oct 2023: 1 It is indicative that Cohen and Harcourt felt compelled to write a reminder for the economics profession in the 2003 issue of the Journal of Economic Perspectives in the “Retrospectives” ... microeconomic production functions. We will then test our
  19. Household income distribution estimates: The example of Pay to ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/report_108.pdf
    2 Feb 2024: The test results show that the new social rent regime will affect local authority (LA) areas unevenly – Pay to Stay affected household (PTS HH) proportions were estimated to range from around ... 4 For example, see ONS UK Census results (2013) Table
  20. 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.
  21. Maximising the performance of the new Section 106 and Community…

    https://www.landecon.cam.ac.uk/cambridge-centre-for-housing-and-planning-research/project/maximising-performance-new-section-106
    Cambridge Centre for Housing and Planning Research developed a simple model to estimate the impact of charging different CIL and S106 rates on the economic viability of development. ... The model has potential to assist local authorities in modelling the
  22. AFFORDABLE HOUSING AND LOCAL DEVELOPMENT FRAMEWORKSDeveloping an…

    https://www.landecon.cam.ac.uk/sites/default/files/2024-03/guide.pdf
    8 Mar 2024: It is possible to combine AHVAs with SHMAs or SHLAAs. For example, the economic viability of proposed thresholds and densities could be tested on the sites identified in the SHLAA and
  23. 21 October 2006

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-09.pdf
    19 Oct 2023: JEL CLASSIFICATION: O11, O16, O47, O53. CAMBRIDGE CENTRE FOR ECONOMIC AND PUBLIC POLICY. ... widely seen as a very powerful approach for the study of economic growth.
  24. Centre for Science and Policy: Exploring Impact Chilombo Musa ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/exploring_csaps_impact.pdf
    22 Feb 2024: the Organisation for Economic Co-operation and Development (OECD) have meant that his. ... often patents interfere with the provision of tests in Europe. Survey questions were.
  25. 1 Current and Future Regulatory Role of the ECB ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0414.pdf
    19 Oct 2023: The NCM is now firmly established amongst both academia and economic policy circles. ... The EMU model contains two features: an economic analysis and a monetary analysis.
  26. 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.
  27. On the effectiveness of monetary policy and of fiscal policy

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp06-09.pdf
    19 Oct 2023: emphasis given to the expectations of economic agents concerning their future income and. ... of economic development affects the effectiveness of fiscal policy. Unfortunately, it is true.
  28. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_201609_mcffsb.pdf
    19 Oct 2023: market that accounts for differences in energy efficiency. In this step, we test if. ... Journal of Urban Economics, 39(1), 1-19. Widłak, M., Waszczuk, J. and Olszewski, K.
  29. 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.
  30. C-EENRG Working Papers, 2015-4. Pollitt and Mercure

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp04.pdf
    19 Oct 2023: 2. MONEY AND THE FINANCIAL SECTOR IN THE. DIFFERENT SCHOOLS OF ECONOMIC THOUGHT. ... In post-Keynesian economics the money supply is also important because it leads toreal economic effects, particularly in the short run but potentially with long-run
  31. 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.
  32. Please cite this paper as: Whitehead, C. and P. ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/downloadtemplate_30.pdf
    22 Feb 2024: of macro-prudential requirements to stress test a borrower’s capacity regarding. affordability. ... tests de résistance eux-mêmes – ainsi que d’autres aspects de la réglementation.
  33. C-EENRG Working Papers, 2016-7. Cima

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp11.pdf
    19 Oct 2023: 6 Some agreements use more general terms in their title, such as ‘economic partnership agreement’ or‘association agreement’. ... SeeKeith E. Maskus, “Private Rights and Public Problems: The Global Economic of Intellectual Property in the.
  34. The End of the Consensus in Macroeconomic Theory

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-12.pdf
    19 Oct 2023: reswitching” of economic paradigms. For example, the New Classical Economics is seen by. ... biological, an unidirectional and irreversible process” (Kuhn 1970: 206.). Yet within economics, while we can usually tell which of two economic theories is
  35. Manuscript without author information

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc_wp_21-03_bao.pdf
    19 Oct 2023: To test this hypothesis, we expect! "#$!%&' > 0 and! "#$!(&' > 0, or both extrinsic and intrinsic nudges. ... $!(&' >! "#$!%&'. To. summarize, three hypotheses are derived from equation (1) to test the effect of nudges as follows.
  36. Challenges for our Home Ownership Safety Net: UK and ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/downloadtemplate_20.pdf
    17 Jan 2024: Professor Christine Whitehead is Emeritus Professor in Housing Economics at the London School of Economics. ... the test as a result of the global financial crisis, mainly because of interest rate reductions. •
  37. WP0105

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-05.pdf
    19 Oct 2023: Cornwall, John, 1994, Economic Breakdown and Recovery: Theory and Policy. Armonk, NY: M. ... Post Keynesian Economics 20, No. 1, 47-76. Solow, Robert, 2000, 'Towards a Macroeconomics of the Medium Run”, Journal of Economic.
  38. Tackling housing market volatility in the UK: a progress report

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/report_90_1.pdf
    23 Feb 2024: The planning system emerged as an inhibitor of economic growth in the Government’s growth review. ... Much the same problem might arise from discretion given in the application of the interest rate test.
  39. Nearly three quarters of all districts stillhave a reasonable ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-02/report_4.pdf
    1 Feb 2024: 3 For further information on ONS socio-economic families refer to the Technical Annexe of this report. ... Results of the test suggest that forHAs overall the number of districts in whichthe HA operates can explain 48% of thevariation in its size.
  40. (06.95_118.tp)

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-17-04-fuerst-ares.pdf
    19 Oct 2023: three steps: First, we test the variables for stationarity using unit root tests. ... Unit Root Tests. The standard augmented Dicky-Fuller (ADF ) test is used for testing whether the time.
  41. Poverty focused review of housing organisations’ strategic and…

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/interim-report_0.pdf
    23 Jan 2024: However, the new economic and policy environment has brought substantial changes to this. ... We recognise that many people who live in our homes do not enjoy the economic, employment, education or health benefits and opportunities that those living in
  42. The changing delivery of planning gain through Section 106 ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/report_86.pdf
    23 Jan 2024: A fundamental concern with respect to the S106 approach has been the extent to which contributions depend on levels of market activity and on the economic environment. ... A key concern raised was about the economic viability of charging a CIL and the
  43. New Global Financial Structure Stress Tested Successfully |…

    https://www.landecon.cam.ac.uk/centre-for-resilience-and-sustainable-development/news/new-global-financial-structure-stress-tested
    Under the leadership of Prof Nazia M Habib, the simulation lab event served as a platform to stress test a new global financial system, showcasing the innovative Common Pool Asset Structuring ... This initiative represents a significant milestone in
  44. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-04_wp.pdf
    19 Oct 2023: pursuits of economic growth have significantly worsened local ecological conditions and even resulted 472. ... additional land needed to accommodate local population growth, urban development, and economic 485.
  45. How will changes to Local Housing Allowance affect low-income tenants …

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/report_75.pdf
    22 Jan 2024: transport, it comprises a single huge housing and labour market in the understandings of economic. ... economic composition of the areas that LHA claimants will be able to afford.
  46. 1 STRUCTURAL CHANGE AND CUMULATIVE CAUSATION: A KALDORIAN APPROACH ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp-01-20.pdf
    19 Oct 2023: 1 Guilherme Magacho is Asscociate Member of the Cambridge Centre of Economic and. ... elasticities of demand to explain structural change and the relation to unbalanced economic.
  47. Evaluation of Removal of the Spare Room Subsidy: Final Report - DWP…

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/summary_25.pdf
    22 Jan 2024: LAs were not excluding disability benefits (Disability Living Allowance – DLA, or Personal Independence Payment – PIP) but considered both income and expenditure relating to disabilities when they means test to assess eligibility ... impact it had had
  48. 1 Infrastructure and Income Inequality: An Application to the ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0319_1.pdf
    19 Oct 2023: Associate member of the Cambridge Centre for Economic and Public Policy (CCEPP), University of. ... environmental and social terms, generating a process of sustained economic and inclusive growth, thus.
  49. International review of land supply and planning systems | Department …

    https://www.landecon.cam.ac.uk/cambridge-centre-for-housing-and-planning-research/project/international-review-land-supply-and
    The emerging findings were presented to a round table of stakeholders including developers, planners and academics, to ‘road test’ selected approaches in terms of their desirability and transferability to the UK. ... and economic environment in the UK
  50. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc_2022-07_wp.pdf
    19 Oct 2023: Leveraging land finance4, local government was able to provide necessary infrastructure for economic development and urban expansion. ... There are also sufficient variations among the provinces included in terms of natural endowment, economic development
  51. International review of land supply and planning systems

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/full-report_14.pdf
    23 Jan 2024: A round table discussion was held to test how far the findings might be replicable in the English context. ... However, it works best in periods of economic growth and becomes difficult when land values are falling.

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