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  2. 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.
  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. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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
  11. 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.
  12. 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.
  13. 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.
  14. 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
  15. 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.
  16. 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.
  17. 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.
  18. (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.
  19. 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.
  20. 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.
  21. 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.
  22. 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.
  23. 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.
  24. 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.
  25. 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
  26. 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
  27. 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
  28. 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.
  29. 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.
  30. 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.
  31. 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.
  32. 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
  33. 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.
  34. 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.
  35. 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.
  36. 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.
  37. 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
  38. 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.
  39. 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.
  40. 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.
  41. 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.
  42. WP0405

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp04-05.pdf
    19 Oct 2023: 1 University Director of Research, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge. ... The housing market has been particularly emphasised as an important factor to the current economic climate.
  43. C-EENRG Working Paper 2022-1

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/ceenrg_wp_2022_01_poensgen.pdf
    19 Oct 2023: CDP) and firm-level economic data, I investigate how the NWF reacts to firms’. ... disclosures. More specifically, I test two of the core hypotheses which underlie current.
  44. C-EENRG Working Papers, 2015-3. Viñuales

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp03.pdf
    19 Oct 2023: The series hosts research across disciplines, including law,economics, policy, and modelling, and welcomes research on a wide range of environmental topics across the food-energy-water-land nexus. ... ample room for manoeuvre (which may be the case for a
  45. Clusters and Kazakhstan WP 06-14

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0614.pdf
    19 Oct 2023: 1 John McCombie is Professor of Regional and Applied Economics at the University of Cambridge and is Director of the Cambridge Centre of Economic and Public Policy. ... Key words: central Asian economies, cluster policies, development strategies,
  46. Machine Learning, Building Vintage and Property Values

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp_19-06-lindenthal.pdf
    19 Oct 2023: This allows. us to examine the power and size of the assignment tests. ... van de Minne. 2017. “Land, Structure and Depreciation.” Real Estate. Economics 45 (2): 415–51.
  47. Housing affordability: Is new local supply the key?

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-18-04-09-2018-fuerst.pdf
    19 Oct 2023: Department of Land Economy Environment, Law & Economics. Working Paper Series . No. 2018‐04. ... Nikodem SzumiloDepartment of Geography and Environment, London School of. Economics and Political Science, UK.
  48. C-EENRG Working Papers, 2016-4. Vinuales

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp08.pdf
    19 Oct 2023: 28 The origins of DSGE modelling in neoclassical economics are often situated in the paper by F. ... For an overview of the now well developed field ofecological economics see R.
  49. Land Assembly in Amsterdam, 1832-2015 Thies LindenthalUniversity of…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-08/tl-predicting-land-assembly-2017-01-13-1.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.
  50. Machine Learning, Architectural Styles and Property Values

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/crerc-wp-2020-03-lindenthal.pdf
    19 Oct 2023: cost of new construction and minimize housing supply elasticity. In this paper, we rigorously test the. ... This allows us to examine the power and size of the assignment tests.
  51. Barritt & Viñuales - Legal Scan: A Conservation Agenda for…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/report-001.pdf
    19 Oct 2023: Additionally, thenetwork of exclusive economic zones (‘EEZ’) does not take account of the fact that manyfish are migratory or straddling, moving in and out of zones. ... technical, economic, commercial and other appropriate factors that must be taken

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