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  2. 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.
  3. 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
  4. 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
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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
  10. 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.
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. 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.
  20. 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.
  21. 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
  22. 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.
  23. 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.
  24. 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.
  25. 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
  26. 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.
  27. 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.
  28. (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.
  29. 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.
  30. 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.
  31. 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.
  32. 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.
  33. 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.
  34. 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.
  35. 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
  36. 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
  37. 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
  38. 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.
  39. 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.
  40. 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.
  41. Urban land marketization in China-A supply side analysis

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-10-li.pdf
    19 Oct 2023: It is reasonable to expect varied land supply strategies across cities with different geographical locations, economic structures, and development stages. ... This price typically did not reflect the economic value of the land, making it reasonable to
  42. Housing Wealth and Energy Consumption 20190303

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-19-02-bao.pdf
    19 Oct 2023: Keywords: Prospect theory, mental accounting, behavioural economics, energy consumption, housing wealth, judgemental bias. ... We also included variables to control for key social, economic, and demographic factors.
  43. Introducing Macroeconomic Modelling: An Econometric Study of the…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-04/arestis_p_-_list_of_publications.pdf
    19 Oct 2023: European Journal of Economics and. Economic Policies, Vol. 3, No. 2, (Spring, 2006). ... European. Journal of Economics and Economic Policies, Vol. 6, No. 2, (2009, pp.
  44. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc_2022-08_wp_compressed.pdf
    19 Oct 2023: between light and economic activity (Mellander et al., 2015). The land diversity level. ... The spatial lag coefficient of the land use intensity, economic activities, and road.
  45. Technical Progress Function WP 02-15

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/technicalprogressfunctionwp0215.pdf
    19 Oct 2023: McCombie. and. Marta R.M. Spreafico. CAMBRIDGE CENTRE FOR ECONOMIC AND PUBLIC POLICY. ... seminal 1972 paper, “The Irrelevance of Equilibrium Economics”. In this, Kaldor was heavily.
  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. C-EENRG Working Papers, 2023-2 2 Please cite this paper ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/ceenrg_wp_2023_02_liu_et_al.pdf
    19 Oct 2023: squared error (MSE) of the fitted model when predicting the unused sub-sample (test. ... endogeneity test cannot reject the null hypothesis of no endogeneity bias at the.
  48. Dear Dave

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-04.pdf
    19 Oct 2023: UNIVERSITY OF CAMBRIDGE. Centre for Economic and Public Policy. On the US Post-‘New Economy’ Bubble: Should Asset Prices be Controlled? ... to be much more accommodative to the rise in economic growth than our past experiences would have deemed
  49. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-18-03-mansley-april-2018.pdf
    19 Oct 2023: Department of Land Economy Environment, Law & Economics. Working Paper Series . No. 2018‐03. ... Real Estate Economics, 25(2), 223-251. Hoesli, m., Lekander, J., & Witkiewicz, W.
  50. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-02_wp.pdf
    19 Oct 2023: China, where political uncertainty has always been playing an important role in economic activities. ... Electronic copy available at: https://ssrn.com/abstract=4187280. 6. 2.2 Economic impacts of political uncertainty.
  51. The Not So Impregnable Register

    https://www.landecon.cam.ac.uk/sites/default/files/2023-04/simon-cooper5.pdf
    19 Oct 2023: economics and theories of justice, the article considers how title conflict rules could. ... 36. R. Posner, Economic Analysis of Law 8th edn (Kluwer, 2011), p.66.

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