Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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1339: Mandatory vs voluntary Payment for Green Electricity

Elcin Akcura

1338: Robustness of Various Capacity Mechanisms to Regulatory Errors Abstract: In the EU, several governments have introduced or are contemplating a capacity mechanism to ensure adequate investment in generation capacity. Previous research has focused on the impacts of capacity mechanisms on installed capacity and cost to consumers in case of efficient regulation. By contrast we find that the choice between capacity mechanisms may be influenced by the extent of regulatory errors as well as whether the mechanisms evaluated from the perspective of consumer cost or from a welfare perspective

Christian Winzer

1337: Local Energy Policy and Managing the Low Carbon Transition: The Case of Leicester

Mark Lemon and Michael Pollitt

1336: Equilibrium Contracts and Firm-sponsored Training

Pontus Rendahl

1335: Returns to Tenure or Seniority

Ioan Sebastian Buhai, Miguel Portela, C. N. Teulings and Aico van Vuuren

1333: STRATEGY-PROOF STOCHASTIC ASSIGNMENT

Aytek Erdil

1332: Why High Human Capital Makes Good Revolutionaries: The Role of the Middle Classes in Democratisation

Frederik Toscani

1331: Mechanism Design and Non-Cooperative Renegotiation

Robert Evans and Sonje Reiche

1330: ’Midas, transmuting all, into paper’: the Bank of England and the Banque de France during the Napoleonic Wars

Jagjit Chadha and Elisa Newby

1329: A Note on Money and the Conduct of Monetary Policy

Jagjit Chadha, Luisa Corrado and Sean Holly

1328: Neighbourhood Effects in Consumption: Evidence from Disaggregated Consumption Data

Teodora Boneva

1326: Two EGARCH models and one fat tail

Michele Caivano and Andrew Harvey

1325: Time series models with an EGB2 conditional distribution

Michele Caivano and Andrew Harvey

1322: Time Series Momentum Trading Strategy and Autocorrelation Amplification

K. J. Hong and S. Satchell

1321: IV Estimation of Panels with Factor Residuals

Donald Robertson and Vasilis Sarafidis

1320: Inequality Constraints and Euler Equation based Solution Methods

Pontus Rendahl

1319: A System Dynamics Study of Uranium and the Nuclear Fuel Cycle

Matthew Rooney, William Nuttall and Nikolas Kazantzis

1318: Efficiency and Environmental Factors in the US Electricity Transmission Industry

Manuel Llorca, Luis Orea and Michael Pollitt

1317: Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors

Mohammad Pesaran and Alexander Chudik

1316: Understanding best practice regarding interruptible connections for wind generation: lessons from national and international experience

Karim Anaya and Michael Pollitt

1315: Modeling Dynamic Diurnal Patterns in High-Frequency Financial Data

Ryoko Ito

1314: Does integration increase life satisfaction

Zsoka Koczan

1313: Does identity matter

Zsoka Koczan

1312: EU Gas Supply Security: Unfinished Business

Pierre Noel

1311: The Photovoltaic Crisis and the Demand-side Generation in Spain

Pere Mir-Artigues

1310: Investment and Efficiency under Incentive Regulation: The Case of the Norwegian Electricity Distribution Networks

Rahmatallah Poudineh and Tooraj Jamasb

1309: Fuel Panics - insights from spatial agent-based simulation

Eben Upton and William Nuttall

1308: Caught Between Theory and Practice: Government, Market and Regulatory Failures in Electricity

Rabindra Nepal and Tooraj Jamasb

1306: Missing Women in the United Kingdom

Adamos Adamou, Christina Drakos and Sriya Iyer

1305: Measuring Energy Security

Christian Winzer

1304: Stability versus Sustainability: Energy Policy in the Gulf Monarchies

Jim Krane

1303: Nuclear Energy policy in the United States 1990-2010: A Federal or State Responsibility

Raphael Heffron

1302: One Hundred Years of Oil Income and the Iranian Economy: A curse or a Blessing

Kamiar Mohaddes and Mohammad Pesaran

1301: How to create a financial crisis by trying to avoid one: the Brazilian 1999-financial collapse as "Macho-Monetarism" can't handle "Bubble Thy Neighbour" levels of inflows

José Gabriel Palma

1257: The current state of CCS: Ongoing research at the University of Cambridge with application to the UK policy framework

K.A. Daniels, H.E. Huppert, J.A. Neufeld and David Reiner

1256: Energy-efficiency and environmental policies & income supplements in the UK: Their evolution and distributional impact in relation to domestic energy bills

Mallika Chawla and Michael Pollitt

1255: Filtering with heavy tails

Andrew Harvey and Alessandra Luati

1254: International benchmarking of Electricity Transmission by Regulators: Theory and Practice

Aoife Haney and Michael Pollitt

1253: The effect of LNG on the rleationship between UK and Continental European natural gas markets

Philipp Koenig

1252: Relaxing competition through speculation: Committing to a negative supply slope

Pär Holmberg and Bert Willems

1251: Security of the European Electricity Systems: Conceptualizing the Assessment Criteria and Core Indicators

Tooraj Jamasb and Rabindra Nepal

1250: The Global Impact of the Systemic Economies and MENA Business Cycles

Paul Cashin, Kamiar Mohaddes and Mehdi Raissi

1249: The Differential Effects of Oil Demand and Supply Shocks on the Global Economy

Paul Cashin, Kamiar Mohaddes, Maziar Raissi and Mehdi Raissi

1248: Was Brazil's recent growth acceleration the world's most overrated boom?

José Gabriel Palma

1247: Persistent Habits, optimal Monetary Policy Inertia and Interest Rate Smoothing

Luisa Corrado, Sean Holly and Mehdi Raissi

1246: The Large Scale Roll-Out of Electric Vehicles: The Effect on the Electricity Sector and CO2 Emissions

Alireza Talaei, Katherine Begg and Tooraj Jamasb

1245: Designing electiricty transmission auctions: an introduction to the relevant literature

Thomas Greve and Michael Pollitt

1244: Mean-Variance versus 1/N: What if we can forecast? (Updated 22nd December 2013)

David Allen, Colin Lizieri and Stephen Satchell

1243: Domestic Production as a Source of Marital Power: Theory and Evidence from Malawi

Selma Telalagic

1242: Asset price manipulation with several traders

Ansgar Walther