Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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1849: Price discrimination and the modes of failure in deregulated retail electricity markets

Paul Simshauser

1848: Reforming Fiscal Institutions in Resource-Rich Arab Economies: Policy Proposals

Kamiar Mohaddes, Jeffrey Nugent and Hoda Selim

1847: Illegal Drugs and Public Corruption: Crack Based Evidence from California

Alessandro Flamini, Babak Jahanshahi and Kamiar Mohaddes

1846: Electric Power Distribution in the World: Today and Tomorrow

Sinan Küfeoğlu, Michael Pollitt and Karim Anaya

1845: Shadow Pricing of Electric Power Interruptions for Distribution System Operators in Finland

Sinan Küfeoğlu, Niyazi Gunduz, Hao Chen and Matti Lehtonen

1844: A novel machine learning approach for identifying the drivers of domestic electricity users’ price responsiveness

Peiyang Guo, Jacqueline Lam and Victor OK Li

1843: Objective vs. Subjective Fuel Poverty and Self-Assessed Health

Manuel Llorca, Ana Rodriguez-Alvarez and Tooraj Jamasb

1842: Of Gold and Paper Money

Jagjit Chadha

1841: Regional Differences in Economic Impacts of Power Outages in Finland

Niyazi Gunduz, Sinan Küfeoğlu, Christian Winzer and Matti Lehtonen

1840: Missing money, missing policy and Resource Adequacy in Australia’s National Electricity Market

Paul Simshauser

1839: Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports

Meredith Crowley, Oliver Exton and Lu Han

1838: Does environmental heterogeneity affect the productive efficiency of grid utilities in China?

Xiao-Yan Liu, Li-Qiu Liu, Bai-Chen Xie and Michael Pollitt

1837: Japan: Evaluating Aggressive Monetary Easing and Economic Performance

Ramana

1836: Economic dispatch in the electricity sector in China: potential benefits and challenges ahead

Hao Chen, Chi Kong Chyong, Jia-Ning Kang and Yi-Ming Wei

1835: European Industrial Energy Intensity: The Role of Innovation 1995-2009

Victor Ajayi and David Reiner

1834: UK Electricity Market Reform and the Energy Transition: Emerging Lessons

Michael Grubb and David M Newbery

1833: When is a carbon price floor desirable?

David M Newbery, David Reiner and Robert Ritz

1832: The European Single Market in Electricity: An Economic Assessment

Michael Pollitt

1831: Debt Seniority and Sovereign Debt Crises

Anil Ari, Giancarlo Corsetti and Luca Dedola

1830: The impact of PVs and EVs on Domestic Electricity Network Charges: a case study from Great Britain

Sinan Küfeoğlu and Michael Pollitt

1829: Simulation and Evaluation of Zonal Electricity Market Designs

M Hesamzadeh, Pär Holmberg and Mahir Sarfati

1828: Unintended consequences: The snowball effect of energy communities

Ibrahim Abada, Andreas Ehrenmann and Xavier Lambin

1827: Trust in Government and Effective Nuclear Safety Governance in Great Britain

Jacqueline Lam, Victor Li, David Reiner and Yang Han

1826: A comparison of public preferences for different low-carbon energy technologies: Support for CCS, nuclear and wind energy in the United Kingdom

Hao Yu, David Reiner, Hao Chen and Zhifu Mi

1825: Understanding the challenges to the world trading system

Meredith Crowley

1824: A Decade After Lehman: Taking Stock of Quantitative Easing and Regulation

Ramana Ramaswamy

1822: Exchange Rate Misalignment, Capital Flows, and Optimal Monetary Policy Trade-offs

Giancarlo Corsetti, Luca Dedola and Sylvain Leduc

1821: The Importance of E ective States: State Capacity and Economic Development

Sam van Noort

1820: Gender & Collaboration

Lorenzo Ductor, Sanjeev Goyal and Anja Prummer

1819: Systems Innovation, Inertia and Pliability: A mathematical exploration with implications for climate change abatement

Michael Grubb, Jean-Francois Mercure, Pablo Salas and Rutger-Jan Lange

1818: Restructuring the Chinese Electricity Supply Sector: An assessment of the market pilot in Guangdong Province

Michael Pollitt, Chung-Han Yang and Hao Chen

1817: Marriage, Labor Supply and the Dynamics of the Social Safety Net

Hamish Low, Costas Meghir, Luigi Pistaferri and Alessandra Voena

1816: One Money, Many Markets - A Factor Model Approach to Monetary Policy in the Euro Area with High-Frequency Identification

Giancarlo Corsetti, Joao Duarte and Samuel Mann

1815: Markets and Markups: Evidence on the Rising Market Power of Exporters from China

Giancarlo Corsetti, Lu Han, Meredith Crowley and Huasheng Song

1814: A Primer on Capacity Mechanisms

Natalia Fabra

1813: A Network Approach to Public Goods

Matthew Elliott and Benjamin Golub

1812: Heterogeneity and Networks

Sanjeev Goyal

1811: Stakeholder Views on Interactions between Low-carbon Policies and Carbon Markets in China: Lessons from the Guangdong ETS

Mengfei Jiang, Xi Liang, David Reiner and Boqiang Lin

1810: Storage Business Models: Lessons for Electricity from Natural Gas, Cloud Data and Frozen Food

Karim Anaya and Michael Pollitt

1809: Time-Consistently Undominated Policies

Charles Brendon and Martin Ellison

1808: Asymptotics of the principal components estimator of large factor models with weak factors and i.i.d. Gaussian noise

Alexei Onatski

1807: Local Asymptotic Normality of the Spectrum of High-Dimensional Spiked F-Ratios

Prathapasinghe Dharmawansa, Iain M. Johnstone and Alexei Onatski

1806: Testing in High-Dimensional Spiked Models

Iain M. Johnstone and Alexei Onatski

1805: Extreme canonical correlations and high-dimensional cointegration analysis

Alexei Onatski and Chen Wang

1803: International Spillovers and Carbon Pricing Policies

Geoffroy Dolphin and Michael Pollitt

1802: Implications of High-Frequency Trading for Security Markets

Oliver Linton and Soheil Mahmoodzadeh

1801: Power Sector Reform and Corruption: Evidence from Electricity Industry in Sub-Saharan Africa

Mahmud Imam, Tooraj Jamasb, Manuel Llorca and M. Llorca

1761: A Short Note on Optimal Debt Management under Asymmetric Information

Elisa Faraglia, Albert Marcet, Rigas Oikonomou and Andrew Scott

1760: Uniform Convergence of Smoothed Distribution Functions with an Application to Delta Method for the Lorenz Curve

Shin Kanaya and Debopam Bhattacharya

1759: Caste and the Indian Economy

Kaivan Munshi