ERES:conference

The purpose of this paper is to study the determinants of aggregate fund flows to both equity and hybrid mutual funds. We test three hypotheses that help explaining the relationship between mutual fund flows and stock market returns, namely; the feedback-trader hypothesis, the price-pressure...

Current estimation procedures for computing building price indexes do not in an adequate way account for changes in the quality of new residential construction which results in upward biases of price changes, and consequently causes published productivity changes to be too low due to...

The aim of this paper is to propose a new structure for classifying contract types and payment methods. Concerning the procurement contract types the first important feature is the stepwise structure with three main steps in the contract design: (1) should the contract only include construction...

The EU Energy Performance Certificates provide new information and measure energy performance more exactly than many earlier (proxy) variables. This is one of the first studies to test the effect of this information, and the first one using Swedish data. The purpose of the paper is to test...

Earlier research has found that housing and childbearing are linked, difficulties accessing housing possibly delaying childbearing and negatively effecting education opportunities. To increase housing accessibility, some municipalities have earmarked apartments for young adults. These “youth...

The first aim of this paper is to clarify the meaning of moral hazard in the context of construction procurement. Two important points are that typically there is a double moral hazard problem, as the client also can “misbehave” in a number of ways, and that both internal moral hazard...

This paper reports the results from a study that attempts to identify factors that characterize housing firms with particularly ambitious approaches to energy efficiency in connection to renovation. The aim of the study was to identify factors that correlate with ambitious firms and the market...

While physical city re-location is relatively uncommon, the economic center of a city might shift over time, sometimes over a short period of time. Commonly this happens when large retail centers are constructed in proximity to the city. It can also be the case that cities subject to frequent...

In this comment it is argued that Christophers´ misunderstands the nature of the post war housing model in Sweden. This was actually a market friendly model where rent and price regulations were seen as something temporary and that an increase in supply was the most important policy. It is...