  We identify a set of ~100 "cold" solar flares and perform a statistical
analysis of them in the microwave range. Cold flares are characterized by a
weak thermal response relative to nonthermal emission. This work is a follow up
of a previous statistical study of cold flares, which focused on hard X-ray
emission to quantify the flare nonthermal component. Here we focus on the
microwave emission. The thermal response is represented by the soft X-ray
emission measured by the GOES X-ray sensors. We obtain spectral parameters of
the flare gyrosynchrotron emission and investigate patterns of the temporal
evolution. The main results of the previous statistical study are confirmed: as
compared to a "mean" flare, the cold flares have shorter durations, higher
spectral peak frequencies, and harder spectral indices above the spectral peak.
Nonetheless, there are some cold flares with moderate and low peak frequencies.
In a majority of cold flares, we find evidence suggesting the presence of the
Razin effect in the microwave spectra, indicative of rather dense flaring
loops. We discuss the results in the context of electron acceleration
efficiency.

Solar and Stellar Astrophysics