Bickerton, Matt; Louis Gruneberg, Stephen - In: Journal of Financial Management of Property and Construction 18 (2013) 3, pp. 268-281
Purpose – The aim of this research is to answer whether or not wholesale interest rates, such as the London Interbank Offered Rate (LIBOR), can be used as an effective policy instrument to influence construction output. Developers and contractors borrow to finance construction and are charged...