This paper compares the mixed-data sampling (MIDAS) and mixed-frequency VAR (MF-VAR) approaches to model speci.cation in the presence of mixed-frequency data, e.g., monthly and quarterly series. MIDAS leads to parsimonious models based on exponential lag polynomials for the coeØ cients, whereas...

The value of senior apartments is estimated relative to traditional apartments in 34 markets in the United States. In some markets, senior apartments transact at higher prices than predicted; in others, at a discount. Market differences in the valuation of senior apartments are examined. Several...

Der Bericht vergleicht die Baukosten und die Qualität des Bauhandwerks in verschiedenen OECD-Ländern. Danach sind die Baukosten in Deutschland überdurchschnittlich hoch. Dieses ist vor allem auf die strikte Gewerketrennung und unzureichende Koordination zurückzuführen. Es wird gefordert,...