Faculty of Economics
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Cambridge Working Papers in Economics (CWPE)
A new series of papers from the Faculty of Economics and the Department of Applied Economics, which supersedes the DAE Working Paper series
Recent Submissions
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Essays on Networks and Industrial Organization
Chapter I: Cohesive Anarchy --- In a conflict, a small force may overcome a larger one if the latter fails to coordinate. To understand how incentives drive such failures, I study Tullock contests between a cohesive faction ... -
Essays in modern Macroeconomics
This thesis contains three chapters, each addressing a highly relevant area of interest in modern macroeconomics. The first chapter tests the presence of state-dependent pricing frictions by analysing the effects of monetary ... -
Betting and financial markets are cointegrated on election night
(Faculty of Economics, University of Cambridge, 2022-11-02)We present a model linking prices of political binary options to financial assets that applies in the very particular circumstance of the overnight session following an election. Contrary to most of the existing literature, ... -
Is Affirmative Action in Employment Still Effective in the 21st Century?
(Faculty of Economics, University of Cambridge, 2022-11-01)We study Executive Order 11246, an employment-based affirmative action policy targeted at firms holding contracts with the federal government. We find this policy to be ineffective in the 21st century, contrary to the ...
