Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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2643: (Human) Attention Is (Still) All You Need: Human Oversight Makes Ai-Assisted Social Science

Chen Zhu, Xiaolu Wang and Weilong Zhang

2642: Regulatory Approaches to the Challenges Posed by the Energy and Digital Transitions: Global Lessons from 20 Leading Electricity Distribution System Operators (DSOs)

Michael G. Pollitt, Daniel Duma, Andrei Covatariu and Paul Nillesen

2641: The Family Multiplier: Understanding Delinquency and Parent-Adolescent Interactions

Marc K. Chan, Sriya Iyer, Kai Liu and Anwen Zhang

2640: Caps-And Floors For Long Duration Storage and Firming: Contract Design Under Risk and Price Asymmetry

Farhad Billimoria and Paul Simshauser

2639: Designing High-Frequency Market Liquidity Measures with Applications to Monetary Policy

Z. Merrick Li, Oliver B. Linton, Yunxiao Zhai and Haotian Zhang

2638: Trading Off Capacity Factors, Location, Storage, Access Charges and Curtailment for Renewable Electricity

David M. Newbery

2637: Divergence or Convergence? The Municipal Franchise in England and Wales, 1835-1897

Toke S. Aidt and Laura Araújo De Freitas

2636: Competition, Contracts and Auctions for Renewable Electricity Support: Competition for the Market but not yet in the Market

Richard Green and David M. Newbery

2635: Symmetries in Network Games

Sarah Taylor

2634: Price Competition with Network Spillovers: Entry, Cohesiveness and Interoperability

Yifan Zhang

2633: Network Threshold Games

Alastair Langtry, Sarah Taylor and Yifan Zhang

2632: The Strait of Hormuz, Towards a Long-Lasting Solution

Massoud Karshenas, Mohammad Pesaran and Ronald Smith

2631: Precise Asymptotics for the Norm of Large Random Rectangular Toeplitz Matrices

Alexei Onatski

2630: Text as Priors

Shuyi Ge, Shaoran Li, Oliver B. Linton and Wen Su

2629: Oil, Gas, Pandemics, and War: The Drivers of Inflation

Luisa Corrado, Stefano Grassi, Aldo Paolillo and Francesco Ravazzolo

2628: Railroads and the Silver Shoes of Populism: The Rise and Fall of the People's Party in 19th-Century America

Massimo Anelli, Massimo Morelli and Marvin Pappalettera

2627: Coordinating Coal Plant Closures: Transient Strategic Reserves in Transitioning Energy-Only Markets

Paul Simshauser

2626: The Counterfactual Scenario: Are Renewables Cheaper?

Paul Simshauser and Joel Gilmore

2625: Supply Chain Disruptions, the Structure of Production Networks, and the Impact of Globalization

Matthew Elliott and Matthew Jackson

2624: Corporate Culture and Organizational Fragility

Matthew Elliott, Benjamin Golub and Mathieu V. Leduc

2623: The Economic Costs of Ambiguous Laws

Tommaso Giommoni, Luigi Guiso, Claudio Michelacci and Massimo Morelli

2622: Personnel is Policy: Delegation and Political Misalignment in the Rulemaking Process

Luca Bellodi, Massimo Morelli, Jörg L. Spenkuch, Edoardo Teso, Matia Vannoni and Guo Xu

2621: Stay, Split or Overthrow: Theory and Evidence on Secessionist vs Centrist Conflict

Joan Esteban, Sabine Flamand, Massimo Morelli and Dominic Rohner

2620: Dynamic Models for Climate Extremes

Marco Bidoia, Andrew Harvey and Dario Palumbo

2619: Adapting to Brexit: The Response of Corporate Structures to Geopolitical Uncertainty

Meredith A. Crowley, Mar Domenech Palacios, Elisa Faraglia, Chryssi Giannitsarou and Lea Havemeister

2618: Buyouts with Payouts: The Impacts of Private Equity on Workers and Owners

Adam Isen, Jordan Richmond, Matthew Smith and Constantine Yannelis

2617: Macroeconomic Consequences of Sustained Warming: A Bias-Corrected Dynamic Heterogeneous Panel Approach

Samuele Centorrino, Emanuele Massetti, Kamiar Mohaddes, Mehdi Raissi and Jui-Chung Yang

2616: Reported Innovation Intensity of Electricity and Gas DSOs Around the World

Michael Pollitt, Daniel Duma, Andrei Covatariu and Paul Nillesen

2615: Have Zonal Electricity Prices in Sweden Caused Industrial (Re-)locations?

Mara B&acaron;laşa and Michael Pollitt

2614: Getting Ahead of the "Joneses": The Origin and Implications of Upward Comparison

Yiyi Li

2613: Neural Demand Estimation with Habit Formation and Rationality Constraints

Marta Grzeskiewicz

2612: Competition and Collusion with Strategic Inventories

Marium Ashfaq, Flavio Toxvaerd and Yi Wei

2611: Decision-Making when Computational Complexity Drives Uncertainty

Peter Bossaerts

2610: Are Gas Turbines 'Bankable' in Transitioning Energy-Only Markets?

Paul Simshauser

2609: Semantic Similarity Measures in Newspaper Text for Detecting and Predicting Disruptive Institutional Events

Laura Mayoral, Hannes Mueller, Margherita Philipp, Christopher Rauh and Renato Vassallo

2608: The Adaptation Imperative: Climate Change and Sovereign Credit Risk

Matt Burke, Kamiar Mohaddes and Mehdi Raissi

2607: The Output Convergence Debate Revisited: Lessons from Recent Developments in the Analysis of Panel Data Models

Mohammad Pesaran and Ronald Smith

2606: Deciphering Delphic Guidance: The Bank of England and Geopolitical Uncertainty

Jagjit Chadha, Corrado Macchiarelli, Satyam Goel, Arno Hantzsche and Sathya Mellina

2605: A Consideration of Fiscal Targetry

Jagjit Chadha

2604: Dancing on the Saddles: A Geometric Framework for Stochastic Equilibrium Dynamics

Hanbaek Lee

2603: How Computational Complexity Can Restore General Equilibrium in Markets with Indivisible Goods

Peter Bossaerts, Konstantinos Ioannidis, Rob Woods and Nitin Yadav

2602: Utility and the Unseen: Modelling the Determinants of Church Growth in Rural India

Oliver Perkins

2601: Opaque Selling with Endogenous Product Characteristics

Darren Hoover

2583: The Costs of Long Term Care for Those with Cognitive Impairments in England

James Banks, Eric French and Jeremy McCauley

2582: Financial Twins: Adapting Long-term Contract Designs to new Electricity Systems

Louis Soumoy, Ibrahim Abada, Andreas Ehrenmann and Olivier Massol

2581: Marginal Curtailment Under Network Constraints: Evidence from the 2030 GB Power System

Chi Kong Chyong and David Newbery

2580: The Dynamic Effects of Health on the Employment of Older Workers: Impacts by Gender, Country, and Race

Richard Blundell, Jack Britton, Monica Costa Dias, Eric French and Weijian Zou

2579: Medical Spending Risk among Older Households by Race

Karolos Arapakis, Eric French, John Jones and Jeremy McCauley

2578: Early-Life Sugar Restriction and Long-Term Risk of Cancer: A Natural Experiment Study in the UK

Chen Zhu and Weilong Zhang

2577: Supervising Sentiment Models: Market Signals or Human Expertise?

Nazanin Babolmorad and Nadia Massoud