Faculty of Economics
About this community
(c) All rights reserved.
Collections in this community
-
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
-
Essays on the Impact of Renegotiating Trade Agreements
(2021-04-16)This thesis explores the impact of the renegotiation of trade agreements when there is a threat that trade barriers could increase. The thesis addresses the following questions: 1. What is the impact on firm exporting ... -
A Revisit to Sovereign Risk Contagion in Eurozone with Mutual Exciting Regime-Switching Model
(Faculty of Economics, University of Cambridge, 2020-11-26)This paper proposes a new mutual exciting regime-switching model where crises can spread contagiously across countries. Each country has its own hidden stochastic process that determines whether the country is in a normal ... -
Dominant Currency Dynamics: Evidence on Dollar-invoicing from UK Exporters
(Faculty of Economics, University of Cambridge, 2020-11-26)How do the choices of individual firms contribute to the dominance of a currency in global trade? Using export transactions data from the UK over 2010-2016, we document strong evidence of two mechanisms that promote the ... -
Weak Di usion Limit of Real-Time GARCH Models: The Role of Current Return Information
(Faculty of Economics, University of Cambridge, 2020-11-25)We prove that Real-time GARCH (RT-GARCH) models converge to the same type of stochastic differential equations as the standard GARCH models as the length of sampling interval goes to zero. The additional parameter of ...
