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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.

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

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.

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

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.

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

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.

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.

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-.

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.

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,

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,

9 Jul 2023: We shock these variables in the Global Economic Model of Oxford Economics to estimate global macro-economic impact in terms of losses to global GDP output over 5 years. ... A further test comes when we try to model the impact of hypothetical economic

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

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

7 Dec 2023: OECD countries if the head of executive has an educational background in economics. ... country. This paper attempts to discover the impact of political economic variables on.

6 Dec 2023: Eqs (1)-(3) are estimated with fixed panel effects since the Hausman specification tests suggest that random effects are biased (test statistics are provided in Table 2). ... Annals of Public and Cooperative Economics, 77, 271-290. Filippini, M. & Wild, J

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’.

6 Dec 2023: efficiency scores as the choice of disposability assumption. 5.3 Rank-sum test. ... 18. Table 7: Wilcoxon-Mann-Whitney Test Statistic. Group 1 Group 2 Models.

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

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.

9 Jul 2023: LABOUR LAW AND INCLUSIVE DEVELOPMENT: THE ECONOMIC EFFECTS OF INDUSTRIAL RELATIONS LAWS IN. ... Abstract We use leximetric data coding techniques and panel data econometrics to test for the economic effects of laws governing worker representation and

5 Dec 2023: Elizabeth and James Killian Professor of Economics and Management, Massachusetts Institute of Technology, Cambridge, MA. ... 11 Joskow and Kahn (2001b) examines whether our supply withholding behavior is affected by using real-time prices rather than

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.

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.

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 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

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

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.

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.

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-.

9 Jul 2023:  Scenario Stress Tests are typically a qualitative approach to quantify “tail risk”. ... Case Study: Global Economic Impact of Climate as Trend Risk. Slide Number 12.

8 Dec 2023: economic theory, homogeneous firms that compete on prices earn zero profit, and cost. ... test, but is not implied in any way by economic principles; it is simply a special case.

9 Jul 2023: determined and is transforming the banks’ view of economic capital. This paper investigates. ... ECMRC. Tier 1. Capital. Economic Capital. (EC). MinimumRegulatoryCapital. MRC = 8% Risk Weighted Assets.

9 Jul 2023: of GDP… The reason these returns existed in the past was because we were experiencing debt fuelled, unsustainable rates of rapid economic growth’ (CIVFI, 2011). ... the Optimal Carbon Tax Rate?,

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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

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.

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

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.

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,