Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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1518: Modeling the Interactions between Volatility and Returns

Andrew Harvey and Rutger-Jan Lange

1517: Volatility Modeling with a Generalized t-distribution

Andrew Harvey and Rutger-Jan Lange

1516: Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis

Kamiar Mohaddes and Mohammad Pesaran

1515: The Simple Economics of Asymmetric Cost Pass-Through

Robert Ritz

1514: Comparing Conceptions of Social Ontology: Emergent Social Entities and/or Institutional Facts?

Tony Lawson

1513: Missing Money and Missing Markets: Reliability, Capacity Auctions and Interconnectors

David M Newbery

1512: Price Volatility and Demand for Oil: A Comparative Analysis of Developed and Developing Countries

Andrew Jobling and Tooraj Jamasb

1511: Public Engagement in Electricity Network Development: A Case Study of the Beauly–Denny Project in Scotland

Wenche Tobiasson, Christina Beestermöller and Tooraj Jamasb

1510: Strategic investment and international spillovers in natural gas markets

Robert Ritz

1509: The benefits of integrating European electricity markets

David M Newbery, Goran Strbac and Ivan Viehoff

1508: Capacity market design options: a dynamic capacity investment model and a GB case study

Daniel Hach, Chi Kong Chyong and Stefan Spinler

1507: PAST AND POTENTIAL ROLES OF ELECTRICITY SYSTEM OPERATORS: FROM LIBERALISATION TO CLIMATE CHANGE MANAGEMENT IN BRITAIN

Jon Stern

1506: Cost trajectories of low carbon electricity generation technologies in the UK: A study of cost uncertainty

Peter Levi and Michael Pollitt

1505: Distributed Generation: Opportunities for Distribution Network Operators, Wider Society and Generators

Karim Anaya and Michael Pollitt

1504: Bargaining Practice and Negotiation Failure in Russia-Ukraine Gas Relations

David Tingle

1503: THE EFFECTS OF SYSTEMIC BANKING CRISES IN THE INTER-WAR PERIOD

Bruno Rocha and Solomos Solomou

1502: Evolution of Bilateral Capital Flows to Developing Countries at Intensive and Extensive Margins

Juliana Araujo, Povilas Lastauskas and Chris Papageorgiou

1501: Long-Run Effects in Large Heterogenous Panel Data Models with Cross-Sectionally Correlated Errors

Alexander Chudik, Kamiar Mohaddes, Mohammad Pesaran and Mehdi Raissi

1467: From Micro to Macro via Production Networks

Vasco Carvalho

1466: Discrimination Without Taste - How Discrimination can Spillover and Persist

Rajesh Ramachandran and Christopher Rauh

1465: Institutions and the Preservation of Cultural Traits

Anja Prummer and Jan-Peter Siedlarek

1464: Estimating the Spot Covariation of Asset Prices – Statistical Theory and Empirical Evidence

Markus Bibinger, Nikolaus Hautsch, Peter Malec and Markus Reiss

1463: The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises

Giancarlo Corsetti and Luca Dedola

1462: Network Cognition

Roberta Dessi, Edoardo Gallo and Sanjeev Goyal

1461: Gender, Social Networks And Performance

Ilse Lindenlaub and Anja Prummer

1460: Categorization and Coordination

Vessela Daskalova and Nicolaas Vriend

1459: Multivariate Variance Ratio Statistics

Seok Young Hong, Oliver Linton and Hui Jun Zhang

1458: Interaction, Protection and Epidemics

Sanjeev Goyal and Adrien Vigier

1457: Trading in Networks: Theory and Experiments

Syngjoo Choi, Andrea Galeotti and Sanjeev Goyal

1456: Fiscal Policy in an Unemployment Crisis

Pontus Rendahl

1455: Winning the Oil Lottery: The Impact of Natural Resource Extraction on Growth

Tiago Cavalcanti, Daniel Da Mata and Frederik Toscani

1454: The Effect of Fragmentation in Trading on Market Quality in the UK Equity Market

Lena Körber, Oliver Linton and Michael Vogt

1452: The Cross-Quantilogram: Measuring Quantile Dependence and Testing Directional Predictability between Time Series

Heejoon Han, Oliver Linton, Tatsushi Oka and Yoon-Jae Whang

1451: Attack, Defense and Contagion in Networks

Sanjeev Goyal and Adrien Vigier

1450: How to Defend a Network?

Marcin Dziubinski and Sanjeev Goyal

1449: Integrating Distributed Generation: Regulation and Trends in Three Leading Countries

Karim Anaya and Michael Pollitt

1448: The Role of Distribution Network Operators in Promoting Cost-Effective Distributed Generation: Lessons from the United States for Europe

Karim Anaya and Michael Pollitt

1447: China’s road to a global scientific powerhouse

Dabo Guan, David Reiner and Zhu Liu

1446: What is the target battery cost at which Battery Electric Vehicles are socially cost competitive?

David M Newbery and Goran Strbac

1445: Reform of the Coal Sector in an Open Economy: The Case of China

Shengbao Ji, Yin-Fang Zhang and Tooraj Jamasb

1444: Trust and Norwegian-Russian Energy Relations

Marc Ozawa

1443: The Japanese Electricity System 15 months After March 11th 2011

A. Haarscher, M. Bruner, J. Doblas and A. Fargere

1442: Electricity Demand and Basic Needs: Empirical Evidence from China’s Households

Xiaoping He and David Reiner

1441: Promoting or restricting competition?: Regulation of the UK retail residential energy market since 2008

Stephen Littlechild

1440: Does Inflation Slow Long-Run Growth in India?

Kamiar Mohaddes and Mehdi Raissi

1439: Testing against Changing Correlation

Andrew Harvey and Stephen Thiele

1438: Assessing Interbank Connectedness Using Transmission Decomposition Techniques: an Application to Eurozone SIFIs

Cherry Muijsson

1437: Has the income share of the middle and upper-middle been stable over time, or is its current homogeneity across the world the outcome of a process of convergence? The 'Palma Ratio' revisited

José Gabriel Palma

1436: The Multiple Impacts of the Exchange Rate on Export Diversification

Daniel Goya

1435: Pro-competitive rationing in multi-unit auctions

Pär Holmberg