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This collection deals with some interesting economic questions related to construction and real estate, namely how construction firms cope with the volatility of construction; whether speculative bubbles or market fundamentals drive those fluctuations; new techniques to predict construction demand; why the office market led the recent real estate cycle; and whether regulation is responsible for speculative behaviour.
Author Biography
PHILIPPE THALMANN is Professor of Economic at the Swiss Federal Institute of Technology in Lausanne. He teaches and writes on the economics of the housing, property and construction markets; the economics of the environment; and sustainable development. – MILAD ZARIN-NEJADAN is Professor of Economics at the University of Neuchatel in Switzerland. He is also a regular consultant to the Swiss Ministry of Economy and the OECD. His areas of expertise include economic policy, public economics and public finance. -
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