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  2. WPM$04C6

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp286.pdf
    9 Jul 2023: Arellano, M., and Bond, S.R. (1991). ‘Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations’, Review of economic studies, vol. ... Kaldor, N. (1975). ‘What is wrong with economic theory?’
  3. VALUE CREATION THROUGH MERGERS AND ACQUISITIONS

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp252.pdf
    9 Jul 2023: Each variable has been winsorized at the 99th percentile. The tests used to test differences in the mean and median are a t-test and the Wilcoxon Signed Ranks test. ... We test this methodology on a comprehensive sample of 386 takeovers between U.K.
  4. Abstract

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1202.pdf
    7 Dec 2023: EPRG Working Paper 1202 Cambridge Working Paper in Economics 1203. Philipp-Bastian Brutscher. ... tests for ‘other-control’problems directly; it is the first test for ‘other-control’.
  5. 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.
  6. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0820.pdf
    6 Dec 2023: distribution networks in New Zealand and the resulting economic consequences have received little. ... According to the Ministry of Economic Development there has nevertheless been very little.
  7. ISSN 2632-9611 DO CORPORATE GOVERNANCE RATINGS CHANGE INVESTOR…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp515.pdf
    9 Jul 2023: We test three explanations for asymmetric price effects, but none is strongly supported by the data. ... The generalized sign test follows Cowan (1992). Panel B presents results from a regression of CAR on Downgrade.
  8. PDF - Reputation Recources, Commitment and Performance of Film…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0403.pdf
    9 Jul 2023: their industry as a whole is on the rise in all economic sectors. ... literatures. Conversely, the empirical literature, most notably in marketing, economics and strategy, hardly.
  9. Cyber Catastrophe

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/180123-coburn.pdf
    9 Jul 2023: Management stress tests.  Emerging risk monitoring and stress test design. ... 2014. Sybil Logic Bomb Stress Test Scenario. Development of a stress test scenario for an.
  10. Brutscher-abstract

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1108.pdf
    6 Dec 2023: all socio-economic groups: To date, about 30% of all electricity customers in. ... socio-economic variables.1 For simplicity, we focus here on income. The figure.
  11. 4 GROWITSCH JAMASB POLLITT QoS

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0504.pdf
    5 Dec 2023: AAnn AAnnaallyyssiiss ooff EEuurrooppeeaann EElleeccttrriicciittyy DDiissttrriibbuuttiioonn. Christian Growitsch1. Halle Institute of Economic Research. ... As in Model I, the monotonicity restriction is not violated. The Wald 2χ test.
  12. A Comparison of UK and Japanese Electricity Distribution Performance…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp3.pdf
    5 Dec 2023: Table 2 also shows the results of a hypothesis test using analysis of variance tests of thedifferences in the sample means. ... Førsund, 1993). Table 3 also shows the hypothesis test using analysis of variance tests of the differencesin the sample means.
  13. PDF - The endogeneity bias in the relationship between employee…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0903.pdf
    9 Jul 2023: Tel: 01509 228809. Department of Economics and Quantitative Methods, Westminster University, London W1B 2UW, UK. ... In economic work, however, much less attention has been given to the concept of.
  14. PowerPoint Presentation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/danny-ralph-slides.pdf
    9 Jul 2023: Cyber Risk Frameworks Cyber Risk Stress Tests. Cyber Risk Analysis. 2014Sybil Logic Bomb. ... Stress Test. Scenario. 2015Business Blackout. CNI Scenario. 2016Exposure Data Schema. and Accumulation Risk.
  15. XL Catlin Cambridge Y1Webinar1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/180123-tsang.pdf
    9 Jul 2023: estimates– Oxford Economics City GDP data– Detailed specification of city. boundaries and estimation methodology. – ... Oxford Economics: City GDP/Capita. City Resilience Score = Vulnerability1/3 Coping Capacity1/3 Economic capacity1/3.
  16. www.eprg.group.cam.ac.uk Network Utilities Performance and…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1914.pdf
    11 Dec 2023: development in the Americas and conclude that spatial economic development is affected by. ... While the relationship between quality of institutions and overall economic growth or firms’.
  17. It is based a break from the classical approach to the external…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp195.pdf
    9 Jul 2023: Network theorists have suggested three key potential economic benefits that accrue to firms from taking part in network relations. ... Network interaction thus promotes economic performance through interfirm resource pooling, cooperation, and
  18. Comparative Efficiency Assessments of Liberalised Electricity Market

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1818.pdf
    8 Dec 2023: with structural economic shift. They conclude that Latin American countries experience decline in. ... in July 2008 just before the onset of the Global Economic Crisis 7.
  19. www.eprg.group.cam.ac.uk Climate Change and Economic Activity:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2208.pdf
    12 Dec 2023: Energy Economics 104,. 105624. Kalkuhl, M. and L. Wenz (2020). The Impact of Climate Conditions on Economic Production. ... Cambridge Working Papers in. Economics 2127. Kort, J. R. (2001). The North American Industry Classification System in BEA’s
  20. www.eprg.group.cam.ac.uk Regional Differences in Economic Impacts of…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1822.pdf
    8 Dec 2023: www.eprg.group.cam.ac.uk. Regional Differences in Economic Impacts of Power Outages in Finland EPRG Working Paper 1822 Cambridge Working Paper in Economics 1841. ... Economics, vol. 30, no. 3, pp. 1232-1245. Chen, S.T., Kuo, H.I.
  21. Financing firm start-up and restructuring in transition countries

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp140.pdf
    9 Jul 2023: 1392. Cressy, R. (1996), Are Business Startups Debt-Rationed?, The. Economic Journal, vol. ... 106, pp. 1253 – 1270. 21. Cressy, R. (1995), Commitment Lending Under Asymmetric Information: Theory and Tests on UK Startup Data, Small Business Economics,
  22. THE ROLE OF GRAVITY MODELS IN ESTIMATING THE ECONOMIC ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp490.pdf
    9 Jul 2023: The aggregate impact of these factors is then fed into a macro-economic model to obtain a forecast for GDP. ... The Gravity Model Approach Leaving the EU will have an economic impact in several ways.
  23. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1828.pdf
    8 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... Rather than permanently stranding assets that fail a used and useful test, we reorganise the financial and economic
  24. 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.
  25. 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
  26. 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.
  27. Cambridge Centre for Risk Studies Cambridge Risk Framework…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-china-japan-conflict-stress-test-scenario.pdf
    9 Jul 2023: Cambridge Centre for Risk Studies Cambridge Risk Framework. Geopolitical Conflict: Stress Test Scenario. ... A further test comes when we try to model the impact of hy pothetical economic extreme conditions on inv estment asset classes and portfolios.
  28. 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.
  29. Cambridge Centre for Risk StudiesCambridge Risk Framework Asset…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-global-property-crash-financial-catastrophe.pdf
    9 Jul 2023: We estimate the effects of these shocks on the world economy using the Global Economic Model (GEM) of Oxford Economics’. ... Recently, the changing economic climate makes so that the results of such stress tests have little longevity and are quickly
  30. 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,
  31. 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
  32. 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.
  33. _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.
  34. Ownership and competition: Finding Performance Breaks for Great…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1021.pdf
    6 Dec 2023: bias the test for structural change (Perron and Yamamoto, 2008). Actually, break tests based. ... on instrumental variable (IV) regressors are less precise than tests based on standard OLS.
  35. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0819.pdf
    6 Dec 2023: Electric Power Distribution. EPRG Working Paper 0819 Cambridge Working Paper in Economics 0835. ... These conflicting tendencies of vertical integration have been subject to empirical test in.
  36. PDF - Econometric Modelling for Global Asset Liability Management -…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0313.pdf
    9 Jul 2023: We test the whole set of time series individually for underlying unit root processes. ... between the financial and economic variables such as interest rate and purchasing power parity.
  37. LEGAL PERCEPTION AND FINANCE: THE CASE OF IPO FIRM ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp532.pdf
    9 Jul 2023: While the actual content can explain the ‘efficiency effect’ of law on economic activity (e.g. ... Lagged WB. Notes: WB: World Bank; WEF: World Economic Forum; FT: The Financial Times.
  38. TWENTY YEARS OF ‘LAW AND FINANCE’: TIME TO TAKE ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp501.pdf
    9 Jul 2023: JEL Codes: K0 Law and Economics (general), L5 Regulation and Industrial Policy, O1 Economic Development Keywords: law, regulation, corporate governance, theory Acknowledgements Gerhard Schnyder gratefully acknowledges funding from the Economic and
  39. www.eprg.group.cam.ac.uk Ownership Unbundling of Electricity…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1905.pdf
    11 Dec 2023: 123-144. Greer, M. (2008), A test of vertical economies for non-vertically integrated firms: The case of rural electric cooperatives, Energy Economics, 30, pp. ... Electric Power Distribution, Journal of Regulatory Economics, 38, pp. 86-109. Meyer, R.
  40. INVESTIGATING NEW TYPES OF “DECOUPLING”: MINORITY SHAREHOLDER…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp502.pdf
    9 Jul 2023: 1999). In our definition, ownership concentration constitutes an economic outcome variable not a corporate practice. ... Dependent Economic Outcome Variables: Ownership concentration & market capitalization To test macro-micro means–ends decoupling
  41. C:\Research\Research 2002\EJAF\EJ feature-ammndmt 3rd june

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp248.pdf
    9 Jul 2023: These too raise important general issues of economic interpretation for PP studies which are outlined. ... However, as we know from the convergence literature on economic growth (see Lee et.
  42. THE WORLD SYSTEM AND THE HOLLOWING-OUT OF STATE CAPACITY: ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp503.pdf
    9 Jul 2023: We test these arguments using a new dataset on IMF conditionality from 1985-2014. ... Model 3 includes additional variables related to demographics, economic integration, and resource endowments (X2).
  43. www.eprg.group.cam.ac.uk Electrification and Welfare for the…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2101.pdf
    11 Dec 2023: by socio-economic inequalities and political motivations.6 Second, electrification is only a. ... disadvantaged areas does not entail reduction in socio-economic inequalities if the welfare.
  44. @TITLE02 =

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0623.pdf
    5 Dec 2023: equipment increase with fuel price increases but that economic growth has scant impact. ... Dowlatabadi (2002) reason that adopting CHP is a response to reap economic savings.
  45. Global financial centres in an era of globalisation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp229.pdf
    9 Jul 2023: LOF. Robustness Tests A number of tests were conducted to validate the findings reported in Tables 2. ... To test for a possible impact of such perceptions on the results, I split the sample into two sub samples, based on the level of economic
  46. 2011 01 11 Local Dimension Energy Demand_NON TECHNICAL SUMMARY

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1103.pdf
    6 Dec 2023: EPRG Working Paper 1103 Cambridge Working Paper in Economics 1114. Scott Kelly and Michael Pollitt In this chapter, we postulate that some of the best opportunities for reducing energy demand and ... It is shown through a simple statistical t-test that
  47. 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-nts1213.pdf
    7 Dec 2023: extent of market power, to test whether the reforms have been successful in. ... To test that this. is not just because the deviating firm is offering a less competitive alternative, the.
  48. Cambridge Centre for Risk Studies Advisory Board Research Showcase – …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/180123-ralph.pdf
    9 Jul 2023: Applications of Corporate Risk Profiling Andrew SkeltonPlease Mind the (Protection) Gap: Role of Insurance in Economic Recovery Arjun MahalingamMulti-Threat Risk Analysis and Insurance Jennifer CopicGEAC: Multi-Line Insurance Exposure Data
  49. 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.
  50. 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-.
  51. Cyber Catastrophe

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/140923-slides-coburn.pdf
    9 Jul 2023: Sanjeev Goyal’s Connections: An Introduction to the Economics of Networks. Exogenous Shocks to the Economic & Financial System. ... 3. Taxonomy. of Threats. Cyber Catastrophe. Stress Test Scenario. Pandemic. Stress Test Scenario.

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