Kategorie: Diskussionspapiere


Efficiency in the UK Commercial Property Market: A Long-run Perspective

(together with Steven Devaney and Rainer Schulz), IWH Discussion Paper 15/2012 Zusammenfassung: Informationally efficient prices are a necessary requirement for optimal resource allocation in the real estate market. Prices are informationally efficient if they reflect buildings’ benefit to marginal buyers,

A Federal Long-run Projection Model for Germany

(together with Maike Irrek and Birgit Schultz), IWH Discussion Paper 11/2012 Zusammenfassung: Many economic decisions implicitly or explicitly rely on a projection of the medium- or long-term economic development of a country or region. In this paper, we provide a

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