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  2. Chairs of Applied Economics and Economic Theory

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-caeet14sept08.pdf
    31 Jan 2024: Half the appointees in Applied Economics and nearly half of those in Economic Theory are still in post. ... Applied economics and economic theory are thus both relatively recent innovations as titles of Chairs.
  3. PDF - The Impace of Electricity Supply on Economic Growth in Sri…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0124-1.pdf
    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.
  4. WPM$6E43

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp37.pdf
    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
  5. Life before Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Life-before-Economic-Regulation-UEA2.pdf
    2 Feb 2024: 1964/5 Early SCL lecture to students: peak-load pricing electricity• 1967 White Paper – economic performance targets, test. ... New economic thinking 1960s-1970s. • Austrian economics, competition as a rivalrous discovery process (Hayek via IEA,
  6. THE ECONOMIC SIGNIFICANCE OF LAWS RELATING TO EMPLOYMENT PROTECTION…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp500.pdf
    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.
  7. THE CBR MACRO-ECONOMIC MODEL OF THE UK ECONOMY (UKMOD) ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp472.pdf
    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
  8. Economic Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-david-newbery-v2.pdf
    30 Jan 2024: Scarcity pricing (SRMC>LRMC) generates huge price rise now, resisted by NERSAConflict between politics and economics. ... discount rate• test: does the market price reward PPAs?• Would energy consumers sign PPAs?
  9. Cambridge Judge Business School Working Paper No. 01/2021 THE ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2021/09/wp2101.pdf
    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.
  10. www.eprg.group.cam.ac.uk Democracy, economic development and…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2218.pdf
    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-.
  11. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2208.pdf
    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.
  12. THE CONTRIBUTION OF LABOUR LAW TO ECONOMIC DEVELOPMENT AND ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp478.pdf
    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,
  13. www.eprg.group.cam.ac.uk Techno-economic study of output-flexible…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2001.pdf
    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,
  14. www.eprg.group.cam.ac.uk Political Economy of Reform and Regulation…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1917.pdf
    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
  15. www.eprg.group.cam.ac.uk Using rewards and penalties to incentivize…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/06/eprg-wp2407.pdf
    18 Jun 2024: September 2021 to pre-test the questionnaire. After observing the responses and taking. ... electricity subsidy saved. A cost-benefit analysis is conducted to evaluate the economic.
  16. VARIETIES OF CREDITOR PROTECTION: INSOLVENCY LAW REFORM AND CREDIT ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp473.pdf
    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
  17. WP306revised

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp306.pdf
    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.
  18. 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-wp1216.pdf
    7 Dec 2023: Within this context, New Institutional Economics (NIE) has emerged as. the body of economic thought that considers institutions to be relevant to. ... However, unlike old institutional economics, NIE. does not abandon neoclassical economic theory.
  19. DOLLAR DEPOSED STRESS TEST SCENARIO Cambridge Centre for Risk ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-dollar-deposed-financial-catastrophe.pdf
    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
  20. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0823.pdf
    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.
  21. Lovers, Friends and Enemies: The Determinants and Effects of Hostile…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp215.pdf
    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
  22. 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
  23. 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.
  24. 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-.
  25. 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.
  26. 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
  27. WP298

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp298.pdf
    9 Jul 2023: The economic performance is proxied by three variables. First, firm growth, which is calculated as the annual growth of total assets. ... No of Acquisitions 9,744 9,744 9,744. Wald Test 2,397.9 2,511.4 32,91.4.
  28. 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.
  29. 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.
  30. The Contract of Employment: A Study in Legal Evolution

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp203.pdf
    9 Jul 2023: Understood in this way, the juridical record is a trace of shifts in the wider social and economic environment. ... and the economic power to use the market to discharge the worker without regard to customary understandings of hiring practice.
  31. 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.
  32. www.eprg.group.cam.ac.uk A system operator’s utility function for the …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1713.pdf
    8 Dec 2023: able to test the market for the right services at each allocation procedure. ... part of the bidding process. We test the market for the optimal responses.
  33. wp263

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp263.pdf
    9 Jul 2023: Application, Review Of Economics and Statistics, 79(1), pp. 136-41. Chandra, P. ... Joshi, V. and Little, I.M.D., 1996, India’s Economic Reforms: 1991-2001, Delhi, OUP.
  34. 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’.
  35. 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
  36. PDF - The role of medical professionals in top management teams of…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0801.pdf
    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.
  37. DECODING EMPLOYMENT STATUS Simon Deakin WP 525 April 2021 ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp525.pdf
    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
  38. PDF - Considerations of Quality in British Television Production: A…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0121-1.pdf
    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.
  39. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1323.pdf
    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.
  40. 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-wp1210.pdf
    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.
  41. www.eprg.group.cam.ac.uk The European Single Market in Electricity:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1815.pdf
    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
  42. WP379_singh _reddaway_

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp379.pdf
    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.
  43. Cambridge Centre for Risk StudiesCambridge Risk Framework Food and ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/crs-high-inflation-world-financial-catastrophe.pdf
    9 Jul 2023: Recently, the rapid rate of change in the economic climate means that results of such stress tests have little longevity and are quickly rendered obsolete. ... In this period of general economic recovery there are concerns that current stress tests are
  44. On the Cross-Section of Expected Returns of German Stocks: A…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0623.pdf
    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.
  45. IS THERE A RELATIONSHIP BETWEEN SHAREHOLDER PROTECTION AND STOCK ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp492.pdf
    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.
  46. _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.
  47. 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
  48. 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.
  49. 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
  50. 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.
  51. Cambridge Judge Business School Working Paper No. 01/2018 A ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1801.pdf
    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.

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