The financial crisis showed, once again, that neglecting real estate booms can have disastrous consequences. In this paper, we spell out the circumstances under which a more active policy agenda on this front would be justified. Then, we offer tentative insights on the pros and cons as well as...

This text deals with the topic of housing shortage vs. residential vacancy – housing market intervention as a task of politics? At the beginning there will be some basic assertions on the relation of market vs. state, especially bearing in mind, the overall importance and social responsibility...

There are four major challenges for housing policy in the near and midterm future: First, rents in many German conurbations have been rising significantly faster than incomes over the last five years. Though it can rightly be argued, that the suggested policies of the new German federal...

The regional differences in the housing markets are enormous and will continue to exacerbate in the future. The main task for the housing policy is to take appropriate long term measures depending on the market structure. A central aspect of future housing policy is the site development....

This paper presents a modelling framework for Airline Competition Analysis and Demand Modelling (ACADM). The framework adopts a micro-simulation approach in which airline service capacity and passenger demand are represented at the finest disaggregate level. The main contribution of this...

The US Army is a complex organisation. Financial integration and full auditability have remained objectives for years. This paper presents an architecture-driven approach for achieving financial integration as the Army is implementing new business solutions in many areas. We describe the...

This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and regulatory costs for Australia and its major trading...