Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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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

1758: The race to solve the sustainable transport problem via carbon-neutral synthetic fuels and battery electric vehicles

Ilkka Hannula and David Reiner

1757: Risk trading in capacity equilibrium models

Gauthier de Maere D'Aertrycke, Andreas Ehrenmann, Daniel Ralph and Yves Smeers

1756: Designing an electricity wholesale market to accommodate significant renewables penetration: Lessons from Britain

David M Newbery

1755: Regulating the Electricity System Operator: Lessons for Great Britain from around the world

Karim Anaya and Michael Pollitt

1754: Performance-Based Rankings and School Quality

Claudia Herresthal

1753: Publishing while Female. Are women held to higher standards? Evidence from peer review

Erin Hengel

1752: Energy and the Military: Convergence of Security, Economic, and Environmental Decision-Making

William Nuttall, Constantine Samaras and Morgan Bazilian

1751: The Social Dynamics of Collective Action: Evidence from the Captain Swing Riots, 1830-31

Toke Aidt, Gabriel Leon and Max Satchell

1750: The Behaviour of Betting and Currency Markets on the Night of the EU Referendum

Tom Auld and Oliver Linton

1749: The Shadow of Cities: Size, Location and the Spatial Distribution of Population in Spain

Francisco Beltrán Tapia, Alfonso Dez-Minguela and Julio Martinez-Galarraga

1748: Aggregate and Firm level volatility: the role of acquisitions and disposals

Luke Devonald, Chris Higson and Sean Holly

1747: Spreading Lies

Bartosz Redlicki

1746: Causes and Effects of Private Property Rights Security

Sam van Noort

1745: The Big Five personality traits and partisanship in England

Toke Aidt and Christopher Rauh

1744: Targeting Interventions in Networks

Andrea Galeotti, Benjamin Golub and Sanjeev Goyal

1743: Commitment and (In)Efficiency: A Bargaining Experiment

Marina Agranov and Matt Elliott

1742: Decentralized Bargaining in Matching Markets: Efficient Stationary Equilibria and the Core

Matt Elliott and Francesco Nava

1741: Reorganise, Replace or Expand? The role of the supply-chain in first-time exporting

John Spray

1740: On the viability of energy communities

Ibrahim Abada, Andreas Ehrenmann and Xavier Lambin

1739: Slamming the door on trade policy discretion? The WTO Appellate Body's ruling on market distortions and production costs in EU-Biodiesel (Argentina)

Meredith Crowley and Jennifer Hillman

1738: Contractual Framework for the Devolution of System Balancing Responsibility from the Transmission System Operator to Distribution System Operators

Seung Wan Kim, Michael Pollitt, Young Gyu Jin and Yong Tae Yoon

1737: Returns to On-the-Job Search and the Dispersion of Wages

Axel Gottfries and Coen Teulings

1736: Wage Posting, Nominal Rigidity, and Cyclical Inefficiencies

Axel Gottfries and Coen Teulings

1735: Unconventional Monetary Policy and the Interest Rate Channel: Signalling and Portfolio Rebalancing

Simon Lloyd

1734: Estimating Nominal Interest Rate Expectations: Overnight Indexed Swaps and the Term Structure

Simon Lloyd

1733: Overnight Indexed Swap Market-Based Measures of Monetary Policy Expectations

Simon Lloyd

1732: Corporate lobbying for environmental protection

Felix Grey

1731: Co-integration and control: assessing the impact of events using time series data

Andrew Harvey and Stephen Thiele

1730: Official Sector Lending Strategies During the Euro Area Crisis

Giancarlo Corsetti, Aitor Erce and Timothy Uy

1729: Fixed on Flexible Rethinking Exchange Rate Regimes after the Great Recession

Giancarlo Corsetti, Keith Kuester and Gernot Müller

1728: A system operator's utility function for the frequency response market

Thomas Greve, Fei Teng, Michael Pollitt and Goran Strbac

1727: Market Power in the Capacity Market? The Case of Ireland

Juha Teirila

1726: Market design for a high-renewables European electricity system

David M Newbery, Michael Pollitt, Robert Ritz and Wadim Strielkowski

1725: Bargaining with renegotiation in models with on-the-job search

Axel Gottfries