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www.eprg.group.cam.ac.uk The contribution of taxes, subsidies and…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2105.pdf11 Dec 2023: These pressures are likely to make the later coal closures an endogenous result of the other. ... more endogenous, as changing price patterns (particularly higher prices driven by the UK’s. -
Country-Specific Oil Supply Shocks and the Global Economy: A ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1512.pdf8 Dec 2023: across countries, xit is ki 1 vector of country-specific endogenous variables that includeepit, yit, and qoit (as applicable), and x. ... To solve for the endogenous. variables, zt, using (26) we first note that xit = Wixt, where Wi is a ki (k 1), matrix. -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/coburna.pdf9 Jul 2023: How do endogenous shocks occur within the system, and can these be categorized and understood? – ... Taxonomy of Financial Catastrophe. Qualitatively different causes of endogenous financial shocks. -
WP367_deakin sarkar final
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp367.pdf9 Jul 2023: at least in part, endogenous, with both the production and the application of. ... Labour laws are therefore, in part at least, endogenous to the wider economic. -
PDF - A Taxonomy of Threats for Macro-Catastrophic Risk Management -…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/taxonomy.pdf9 Jul 2023: Systemic Risks / Financial Contagion / Exogenous and Endogenous Risks. Economically-impactful threats that ripple through business and financial systems. ... the endogenous shocks in the financial system that arise when the financial system experiences. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-09/crerc_2023-05_wp.pdf19 Oct 2023: endogenous, but might still be informative on the pricing strategies of individuals in our sample. -
https://cbr.blog.jbs.cam.ac.uk/category/colin-talbot/feed/
https://cbr.blog.jbs.cam.ac.uk/category/colin-talbot/feed/6 Feb 2023: And this is in turn determined by environmental (exogenous) factors as much as by internal (endogenous) ones./p pIf the external environment is changing rapidly then mutations (innovations) might also be -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1020.pdf6 Dec 2023: are likely to be endogenous as adverse weather conditions tend to increase costs but can also lower quality services. ... vww 21 )21()12( (19). The issue here is whether quality of service measures (such as number of costumer -
www.electricitypolicy.org.uk EP RG WO RK ING PA PE R ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0809.pdf6 Dec 2023: This paper suggests a framework to classify different simplifications used to represent endogenous technological change (Sijm 2004). ... Gruebler, A. and A. Gritsevskyi (1997). “A model of endogenous technological change through uncertain returns on -
Slide 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/150909-slides-caccioli.pdf9 Jul 2023: Interactions between banks can be modeled through networks. how are exogenous shocks amplified by endogenous dynamics? -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2011.pdf11 Dec 2023: If so, what policy instruments could accomplish this task? We develop an endogenous growth model to address a long standing question whether sustainable green growth is feasible by re-allocating resource -
Innovation, export performance and trade elasticities across…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0419.pdf19 Oct 2023: According to Krugman (1989), therefore, the income elasticities are entirely. endogenous in relation to the domestic share of the world’s product varieties, which means. ... endogenous variables, and orthogonal to the error process” (Baum et al., 2003 -
www.eprg.group.cam.ac.uk Consumer Engagement in Energy Markets: The…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1835.pdf8 Dec 2023: www.eprg.group.cam.ac.uk. Consumer Engagement in Energy Markets:. The Role of Information and Knowledge. EPRG Working Paper 1835. Cambridge Working Paper in Economics 1867. Xiaoping He and David Reiner. Abstract External information (e.g., monetary -
working paper 3941
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp394.pdf9 Jul 2023: Model structure and properties Table A2. ENDOGENOUS VARIABLES 64. of which: identities 49 inexact equations 15 EXOGENOUS VARIABLES. ... not “explained” by the model. A projection is a solution of the 64 endogenous variables for each year of the -
WP0505
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp05-05.pdf19 Oct 2023: There is, however, an important difference between the financial liberalisation and the endogenous growth theory theses. ... As Singh (1997) argues, the endogenous growth theory proponents argue for deliberate and fast development of stock markets, -
https://cbr.blog.jbs.cam.ac.uk/tag/government/feed/
https://cbr.blog.jbs.cam.ac.uk/tag/government/feed/6 Feb 2023: And this is in turn determined by environmental (exogenous) factors as much as by internal (endogenous) ones./p pIf the external environment is changing rapidly then mutations (innovations) might also be -
Introducing Macroeconomic Modelling: An Econometric Study of the…
https://www.landecon.cam.ac.uk/sites/default/files/2023-04/arestis_p_-_list_of_publications.pdf19 Oct 2023: Howells),. Weltwirschaftliches Archiv, (June, 1995). "The Endogenous Money Stock: Empirical Observations From the UK" (with Iris Biefang-. ... Research, Vol. 74, No. 4, (July, 2006). “The Role and Nature of Monetary Policy When Money is Endogenous” -
Slide 1
https://www.hist.cam.ac.uk/sites/default/files/2020-06/early_modern_esh_lt_2015.pdf29 Sep 2023: This paper sets out to study whether the introduction and adoption of tea drinking in the Low Countries should be seen as a reflection of endogenous early modern social transformations, or -
WP358
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp358.pdf9 Jul 2023: degree reflect cross-national differences in economic and political structures. Thus legal rules will tend to be endogenous to processes of economic and po-. -
Paderborn University www.taf-wps.cetar.org No. 55 / May 2020 Arnold,…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/2020-06-conference-paper-arnold-pelster-subrahmanyam.pdf9 Jul 2023: Thus, exogenous attention. can be conceptualized as an interruption of endogenous attention (Carretié, 2014). ... stock, i.e., attract more endogenous investor attention. Intuitively, we expect that stimuli. -
A COMMENT ON OULTON, ‘THE UK PRODUCTIVITY PUZZLE: DOES ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp498.pdf9 Jul 2023: In the original Lewis model, labour is instantaneously endogenous, a function of the level of technology and capital. ... The implied production function is of the AK kind found in the early Keynesian and early endogenous growth models. -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1806.pdf8 Dec 2023: This is one of the reasons why regulators are increasingly resorting to so-called reliability options, which embody an endogenous penalty for not being available. -
swp0000.dvi
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0501.pdf5 Dec 2023: We model endogenous. and exogenous long-term contracting, assuming that the strategic (conventional) generators will. ... Contracting. Figure 5: Average price and volume weighted price for wind - endogenous contracting (45% and. -
DAE Working Paper WP 0315 Cross-Border Trade: A Two-Stage ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp22.pdf5 Dec 2023: the result of actual flows at the equilibrium(endogenous value XT Cr(q)),. ... Mathemati-cally, we may summarise these possible combinations in table 1:. A priori XT Cr Endogenous XT Cr(q). -
Lovers, Friends and Enemies: The Determinants and Effects of Hostile…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp216.pdf9 Jul 2023: The 2SLS systems are estimated by first obtaining the first stage estimates of the endogenous variables, PROFDIFF, MTBV, BDSH and LARGE. ... The estimates of the endogenous variables are then used directly as independent variables to obtain the second -
2017 Cambridge - McKinsey Risk Prize Bio-sketch and Photo ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/riskprize2017-srivastava.pdf9 Jul 2023: liquidity conundrum and its causal relationship with the. exogenous or endogenous factors. ... The. reference made to the exogenous and endogenous macroeconomic variables in Section 2. -
https://cbr.blog.jbs.cam.ac.uk/feed/
https://cbr.blog.jbs.cam.ac.uk/feed/6 Feb 2023: And this is in turn determined by environmental (exogenous) factors as much as by internal (endogenous) ones./p pIf the external environment is changing rapidly then mutations (innovations) might also be -
Title page - 4 Jan 2010
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1001.pdf6 Dec 2023: Reg3 estimates a system of structural equations, where some equations may contain endogenous variables among the explanatory variables. ... These endogenous explanatory variables are the dependent variables from other equations in the system38. -
The principal focus of most current corporate governance research is …
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp237.pdf9 Jul 2023: A related idea that I have proposed elsewhere (Learmount 2002) is that a ‘socially endogenous’ form of corporate governance operates in many Japanese firms, which entails an exacting system of close ... or ‘socially endogenous’ corporate -
www.eprg.group.cam.ac.uk The prisoner’s dilemma in Cournot models:…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1619.pdf8 Dec 2023: However, the level of market power exercise is not endogenous andis also fixed a priori by the modeler. -
WP 424 Paper
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp424.pdf9 Jul 2023: Recent game theoretical models imply that common knowledge is not entirely endogenous to agents’ interactions, but depends to a certain extent on emergent normative structures. ... This inherited trait does not violate the rationality assumption -
Regional Growth, Estimates of Agglomeration Economies and the…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp04-12.pdf19 Oct 2023: 8. notwithstanding the development of endogenous growth models. (See, for example, Hoover,. ... not a test of the (augmented) Solow model. The endogenous growth models, to the extent that they use the aggregate production function. -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0926.pdf6 Dec 2023: 16See, for example, Godfrey (1987). 14. connected regions, making it likely that flows over NorNed are endogenous to the electricityprice17. ... Firstly, the potentially endogenous variable that represents flows overNorNed is regressed on all exogenous -
https://cbr.blog.jbs.cam.ac.uk/tag/innovation/feed/
https://cbr.blog.jbs.cam.ac.uk/tag/innovation/feed/6 Feb 2023: And this is in turn determined by environmental (exogenous) factors as much as by internal (endogenous) ones./p pIf the external environment is changing rapidly then mutations (innovations) might also be -
Modelling Contagion in Financial Networks Co-Pierre Georg…
https://www.jbs.cam.ac.uk/wp-content/uploads/2021/04/120120-shock-georg.pdf9 Jul 2023: Interbank networks are robust-yet-fragile Size of endogenous fluctuations matter. Co-Pierre Georg (UC3M & Jena) Contagion in Financial Networks Cambridge, 01/20/2012 23 / 26. ... Contagion mainly reduces liquidity available in the system. Common shock -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1018.pdf6 Dec 2023: In terms of endogenous design uncertainty, it is not yet clear what the best choice of technology is for coolant, reactor geometry, and spallation target (e.g. ... construction. Effective availability is the main endogenous source of uncertainty -
https://techpolicymphil.blog.jbs.cam.ac.uk/2018/10/12/week-2-endogenou…
https://techpolicymphil.blog.jbs.cam.ac.uk/2018/10/12/week-2-endogenous-growth/feed/25 Jul 2023: Comments on: Week 2: Endogenous growth theory, technology policy and the quest for ideas https://techpolicymphil.blog.jbs.cam.ac.uk/2018/10/12/week-2-endogenous-growth/ Mon, 22 May -
Deep calibration: The pointwise approach and old-fashioned SV models …
www.statslab.cam.ac.uk/~mike/QF2023/Bormetti.pdf13 Apr 2023: where m′1(t) is similar to m1(t) but with a possible different time scale.σt purely endogenous and driven by m1(t)lack of probability on the right tail ... if θ1 and θ2 are deterministic, purely endogenous dynamics. G. Bormetti Deep calibration 12 - -
PDF - The endogeneity bias in the relationship between employee…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0903.pdf9 Jul 2023: using IV Probit does not reject the null hypothesis, suggesting that the endogenous. ... In. the second stage, the endogenous variables are replaced by their respective fitted. -
CCEPPWP0705
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp07-05.pdf19 Oct 2023: In this way, Minsky argues that these financial factors generate endogenous instability, i.e. ... In an endogenous growth framework, technological advance, including computerisation in the New Economy, has positive implications for productivity growth -
WP 432 Ben Martin Paper
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp432.pdf9 Jul 2023: innovation), a considerable part of evolutionary economics (likewise), and also a significant component of endogenous growth theory (which also gives particular prominence to technology and innovation); economic history and business -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts1225.pdf7 Dec 2023: First, an endogenous break-date estimation was performed in the Gregory and Hansen (1996) framework. -
https://cbr.blog.jbs.cam.ac.uk/author/simondeakin/feed/
https://cbr.blog.jbs.cam.ac.uk/author/simondeakin/feed/6 Feb 2023: The future creditor states, by contrast, were mostly following policies of ‘endogenous’ or industry-led growth which depended on targeted investment in capital goods, public support for training and labour force -
Comparative Energy Technology Learning and Policy Analysis
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0608.pdf5 Dec 2023: The new paradigm views technical progress as an endogenous to the economy and the determinants of the change process. ... The endogenous view of and proactive approach to technical progress implies that, in order to induce technological progress, both -
1 STRUCTURAL CHANGE AND CUMULATIVE CAUSATION: A KALDORIAN APPROACH ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp-01-20.pdf19 Oct 2023: to endogenous growth models, focus on activities, such as research and development and. ... These. authors, however, do not consider any impact of endogenous technological progress in. -
wp263
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp263.pdf9 Jul 2023: 7. large firms may have the relative advantage and firm level "escalation" of endogenous sunk cost investments could have led to increases in market concentration. ... 5.3 Endogenous Sunk Costs and Escalation Sutton (1991, 1998) has argued strongly that -
Introduction Road Ahead Policy Impact References Networks, Data and…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/140923-slides-vanlelyveld.pdf9 Jul 2023: Endogenous networksHalaj and Kok (2014),van der Leij et al. (2014a). • -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1005.pdf6 Dec 2023: www.eprg.group.cam.ac.uk. EP. RG. WO. RK. ING. PA. PE. R. Abstract. Supplying Synthetic Crude Oil from Canadian Oil Sands: A Comparative Study of the Costs and CO2 Emissions of Mining and In-situ Recovery. EPRG Working Paper 1005. Cambridge Working -
Long-Run Equilibrium Modeling of Alternative Emissions Allowance…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0719.pdf6 Dec 2023: of allowances allocated per MW of new capacity (capacity-basedallocation) or per MWh of energy output (sale-based allocation) to be endogenous. ... Further, the inclusion of endogenous per MW or per MWh allowance allocations results inbilinear -
Information Cascades and Threshold Implementation: Theory and an…
https://www.jbs.cam.ac.uk/wp-content/uploads/2021/06/ccaf-2021-06-conference-paper-cong-xiao.pdf9 Jul 2023: equilibrium outcomes depend on the crowd size, and in the limit, endogenous thresh-. ... Hak-. enes and Schlegel (2014) argue that endogenous loan rates and AoN thresholds encourage.
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