"The paper provides one of the first empirical studies of the willingness to pay of renters and owner-occupiers for """"green buildings"""". We match publicly available information on the addresses of 15'000 apartments and single-family homes which have received the Swiss energy label...

Purpose – Switzerland boasts arguably the highest density of green properties in the world. In 2008, more than 15 percent of total new construction received the Swiss energy building label Minergie. The spatial distribution of these green buildings, however, is highly heterogeneous. In some...

Economists have forcefully argued for the introduction and use of property derivatives as a hedge against house price risk (e.g. Shiller and Weiss, 1999). The rationale for these financial instruments seems clear, as many households are heavily invested in housing and standard financial...