Cambridge Working Papers in Economics (CWPE)
About this collection
Cambridge Working Papers in Economics (CWPE) is a new series of papers from the Faculty of Economics and the Department of Applied Economics. It supersedes the DAE Working Paper series.
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Please note the Working Papers often represent early stages in the presentation of research findings, and should not be quoted without permission.
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Recent Submissions
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Extreme canonical correlations and high-dimensional cointegration analysis
(2018-01-25)The simplest version of Johansen's (1988) trace test for cointegration is based on the squared sample canonical correlations between a random walk and its own innovations. Onatski and Wang (2017) show that the empirical ... -
Harnessing the Ring of Fire: Political economy of clean energy development finance on geothermal development in Indonesia and the Philippines
(2018-01-22)Located along the Ring of Fire in the Asia Pacific, both Indonesia and the Philippines have tremendous natural resource endowments in geothermal energy. Yet, the two countries have dramatic differences in the share of ... -
International Spillovers and Carbon Pricing Policies
(2018-01-22)Globally coordinated climate action has resulted in sub-optimal emissions reductions and unilateral (second-best) climate policies have so far provided the bulk of emissions reductions. This paper argues that the development ... -
Power Sector Reform and Corruption: Evidence from Sub-Saharan Africa
(2018-01-12)In order to reduce the influence of corruption on electricity sector performance, most Sub-Saharan African countries have implemented sector reforms. However, after nearly two and half decades of reforms, there is no ...
