Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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1241: The Golden Hello and Political Transitions

Aidt S. Toke, Facundo Albornoz and Martin Gassebner

1240: The Dyanamic Location/Scale Model: with applications to intra-day financial data

Philipp Andres and Andrew Harvey

1239: Necessity or Luxury Good? Household Energy Spending and Income in Britain 1991 - 2007

Helena Meier, Tooraj Jamasb and Luis Orea

1238: Building performance evaluation and certification in the UK: a critical review of SAP?

Scott Kelly, Michael Pollitt and Doug Crawford Brown

1237: An expensive diversion: Abu Dhabi's renewables investments in the context of its natural gas shortage

Jim Krane

1236: EGARCH models with fat tails, skewness and leverage

Andrew Harvey and Genaro Sucarrat

1235: Emissions Trading with Profit-Neutral Permit Allocations

Cameron Hepburn, John Quah and Robert Ritz

1233: Sustainability Indicators for Open-Cycle Thorium-Fuelled Nuclear Energy

S.F. Ashley, R.A. Fenner, William Nuttall and G.T. Parks

1232: A cross country analysis of electricity market reforms: potential contribution of New Institutional Economics

Erkan Erdoğdu

1231: Option values of low carbon technology policies: how to combine irreversibility effects and learning-by-doing in decisions

Dominique Finon and Guy Meunier

1230: The Impact of Transmission Pricing in Network Industries

Dominic Ruderer

1229: Optimal Treatment of an SIS Disease with Two Strains

Selma Telalagic

1228: The roubstness of agent-based models of electricity wholesale markets

David Newberry

1227: The political economy of electricity market liberalization: a cross-country approach

Erkan Erdoğdu

1226: Economic Rationale for Safety Investment in Integrated Gasification Combined-Cycle Gas Turbine Membrane Reactor Modules

Reyyan Koc, Nikolaos K. Kazantzis, William Nuttall and Yi Hua Ma

1225: Herding in Financial Behaviour: A Behavioural and Neuroeconomic Analysis of Individual Differences

Michelle Baddeley, Christopher Burke, W. Schultz and Philippe Tobler

1224: Robust Standard Errors in Transformed Likelihood Estimation of Dynamic Panel Models

Kazuhiko Hayakawa and Mohammad Pesaran

1223: Job Loss, Credit Constraints and Consumption Growth

Thomas Crossley and Hamish Low

1222: Saving on a Rainy Day, Borrowing for a Rainy Day

Sule Alan, Thomas Crossley and Hamish Low

1221: From Open to Secret Ballot: Vote Buying and Modernization

Toke Aidt and Peter Jensen

1220: Estimating market power in homogenous product markets using a composed error model: application to the California electricity market

Luis Orea and Jevgenijs Steinbuks

1219: Congestion management in electricity networks: Nodal, zonal and discriminatory pricing

Pär Holmberg and Ewa Lazarczyk

1218: The Hunter Valley Access Undertaking: elements of a negotiated settlement

Stephen Bordignon and Stephen Littlechild

1217: Dynamic Long-Term Modelling of Generation Capacity Investment and Capacity Margins: a GB Market Case Study

Dan Eager, Benjamin Hobbs and Janusz Bialek

1216: The role of policy in energy transitions: lessons from the energy liberalisation era

Michael Pollitt

1215: An Empirical Growth Model for Major Oil Exporters

Hadi Esfahani, Kamiar Mohaddes and Mohammad Pesaran

1214: Self-Disconnection Among Pre-Payment Customers - A Behavioural Analysis

Philipp-Bastian Brutscher

1213: How do banks respond to increased funding uncertainty?

Robert Ritz

1212: Econometric Modelling of World Oil Supplies: Terminal Price and the Time to Depletion

Kamiar Mohaddes

1210: Testing CAPM with a Large Number of Assets (Updated 28th March 2012)

Mohammad Pesaran and Takashi Yamagata

1209: Loyalty for Sale? Military Spending and Coups d'Etat

Gabriel Leon

1208: Testing Weak Cross-Sectional Dependence in Large Panels

Mohammad Pesaran

1207: Third Party Nuclear Liability: The Case of a Supplier in the United Kingdom

Anthony Thomas and Raphael Heffron

1206: Exponent of Cross-sectional Dependence: Estimation and Inference

Natalia Bailey, George Kapetanios and Mohammad Pesaran

20126: Waning Immunity and the Second Wave: Some Projections for SARS-COV-2

Chryssi Giannitsarou, Stephen Kissler and Flavio Toxvaerd

1205: Nuclear New Build in the United States 1990-2010: A Three State Analysis

Raphael Heffron

20125: Volatile Hiring: Uncertainty in Search and Matching Models

Wouter Den Haan, Lukas Freund and Pontus Rendahl

20124: Why the Rich Stay Rich. On dysfunctional institutions’ “ability to persist” (no matter what)

José Gabriel Palma

1204: The Cost of Improving Gas Supply Security in the Baltic States

Pierre Noel, Sachi Findlater and Chi Kong Chyong

1203: Making Sense of Oil Stamp Saving Schemes

Philipp-Bastian Brutscher

20123: On Unit Free Assessment of The Extent of Multilateral Distributional Variation

Gordon Anderson, Oliver Linton, Maria Grazia Pittau, Yoon-Jae Whang and Roberto Zelli

1202: The role of credit in international business cycles

TengTeng Xu

20122: Storing Power: Market Structure Matters

David Andrés-Cerezo and Natalia Fabra

1201: How the full opening of the capital account to highly liquid financial markets led Latin America to two and a half cycles of ‘mania, panic and crash’

José Gabriel Palma

20121: Testing for Time Stochastic Dominance

Kyungho Lee, Oliver Linton and Yoon-Jae Whang

20120: An overview of the electrification of residential and commercial heating and cooling and prospects for decarbonisation

Mathilde Fajardy and David Reiner

1165: The Role of Behavioural Economics in Energy and Climate Policy

Michael Pollitt and Irina Shaorshadze

1164: Oil Prices, External Income, and Growth: Lessons from Jordan

Kamiar Mohaddes and Mehdi Raissi

1163: Optimal Forecasts in the Presence of Structural Breaks (Updated 14 November 2011)

Mohammad Pesaran, Andreas Pick and Mikhail Pranovich

1162: Energy, the Environment and Behaviour Change: A survey of insights from behavioural economics

Michelle Baddeley