Menzies, G.; Bird, R.; Dixon, P.; Rimmer, M. - Centre of Policy Studies and Impact Project (COPS), … - 2010
The Global Financial Crisis (GFC) has rekindled debate about the desirability of governmental interference in asset markets - either through the operation of policy levers, or, through the chosen institutional setup. In this paper we quantify economic costs due to mispricing of real assets in...