Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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1407: Uncertainty and Economic Activity: A Global Perspective

Mohammad Pesaran, Ambrogio Cesa-Bianchi and Alessandro Rebucci

1406: With God We Trust: Religion, Trust and Cooperation in Large-Scale Societies

Julien Gagnon

1404: Can general purpose technology theory explain economic growth? Electrical Power as a case study

Cristiano Andrea Ristuccia and Solomos Solomou

1403: Optimal Altruism in Public Good Provision

Robert Hahn and Robert Ritz

1402: To Ban or Not to Ban: Foreign Lobbying and Cross National Externalities

Toke Aidt and Uk Hwang

1401: Voter suffrage and the political budget cycle: evidence from the London Metropolitan Boroughs 1902-1937

Toke Aidt and Graham Mooney

1362: A Two Stage Approach to Spatiotemporal Analysis with Strong and weak cross Sectional Dependence

Natalia Bailey, Sean Holly and Mohammad Pesaran

1361: Platform Markets and Energy Services

Claire M. Weiller and Michael Pollitt

1360: Europe’s Revolving Doors: Import Competition and Endogenous Firm Entry InstitutionS

Povilas Lastauskas

1359: Spatial Nexus in Crime and unemployment in Times of crisis: Evidence from Germany

Povilas Lastauskas and Eirini Tatsi

1358: Market power issues in the reformed Russian electricity supply industry

Nadia Chernenko

1357: Social Effects in the Diffusion of solar Photovoltaic Technology in the UK

Laura-Lucia Richter

1356: Distributed Generation Storage, Demand Response, and Energy Efficiency as Alternatives to Grid Capacity Enhancement

Rahmatallah Poudineh and Tooraj Jamasb

1354: Melting-pots and salad bowls: the current debate on electricity market design for RES integration

Jean-Michel Glachant and Arthur Henriot

1353: Addressing self-disconnection among prepayment energy consumers: A behavioural approach

Marta Rocha, Michelle Baddeley and Michael Pollitt

1352: 2013 EPRG Public Opinion Survey: Smart Energy Survey — Attitudes and Behaviours

Musiliu Oseni, Michael Pollitt, David M Reiner, Laura Lucia Richter and Kong Chyong

1351: The Economic Costs of Unsupplied Electricty: Evidence from Backup Generation among African Firms

Musiliu Oseni and Michael Pollitt

1350: Debt, Inflation and Growth: Robust Estimation of Long-Run Effects in Dynamic Panel Data Models

Alexander Chudik, Kamiar Mohaddes, Mohammad Pesaran and Mehdi Raissi

1349: The Nature of Economic Development and the Economic Development of Nature

Partha Dasgupta

1348: Determining the optimal length of regulatory guarantee: A Length-of-Contract Auction

Thomas Greve and Michael Pollitt

1347: Network Procurement Auctions

Thomas Greve and Michael Pollitt

1346: Does the social Cost of Carbon Matter?: An Assessment of U.S. Policy

Robert Hahn and Robert Ritz

1345: Energy efficiency in Market vs Planned Economies: Evidence from Transition Countries

Rabindra Nepal and Tooraj Jamasb

1344: The siting of UK Nuclear Power Installations

M.C. Grimston and William Nuttall

1343: Finding the Optimal Approach for Allocating and Realising the Distribution System Capacity: Decidng between Interruptible Connections and Firm DG Connections

Karim Anaya and Michael Pollitt

1342: The Russian Electricity Supply Industry: from Reform to Reform?

Nadia Chernenko

1341: The Strategic Robustness of Mark-up Equilibria

David M Newbery and Thomas Greve

1340: Price Discrimination and Limits to Arbitrage in Global LNG Markets

Robert Ritz

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