This study investigates the differential effect of the announcement of new public housing locations on property prices in relatively more expensive and less expensive neighbourhoods, taking advantage of a single unanticipated government announcement of new builds in multiple locations in the...

This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...