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  • Inequality in Political Representation 

    Lee, Su-Min
    In many countries the near-universal right to vote in elections has been a core attribute of their democratic institutions for decades, and in some cases over a century. However, the political experience of many of these ...
  • Foreign Vulnerabilities, Domestic Risks: The Global Drivers of GDP-at-Risk 

    Lloyd, S.; Manuel, E.; Panchev, K. (Faculty of Economics, University of Cambridge, 2021-07-29)
    We study how foreign financial developments influence the conditional distribution of domestic GDP growth. Within a quantile regression setup, we propose a method to parsimoniously account for foreign vulnerabilities using ...
  • Identifying the Effects of Sanctions on the Iranian Economy using Newspaper Coverage 

    Laudati, D.; Pesaran, M. H. (Faculty of Economics, University of Cambridge, 2021-07-29)
    This paper considers how sanctions affected the Iranian economy using a novel measure of sanctions intensity based on daily newspaper coverage. It finds sanctions to have significant effects on exchange rates, inflation, ...
  • Relational Contracts and Trust in a High-Tech Industry 

    Calzolari, G.; Felli, L.; Koenen, J.; Spagnolo, G.; Stahl, K. O. (Faculty of Economics, University of Cambridge, 2021-08-02)
    We study how informal buyer-supplier relationships in the German automotive industry affect procurement. Using unique data from a survey focusing on these, we show that more trust, the belief that the trading partner acts ...

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