Policy-makers are currently debating whether asset-pricing dynamics can, or should, be managed in the public interest. This initiative delves into the mechanisms of asset pricing to learn how to detect when and why bubbles emerge and how consequences can be mitigated. In its 2nd year, the...

Real estate markets have been strongly impacted by globalization. This textbook analyzes the causes, manifestations, and consequences of globalization in real estate markets, which are characterized by important particularities and differences. In addition, it describes varying structures and...

Top scholars synthesize and analyze scholarship on this widely used tool of policy analysis in 27 articles, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top U.S. graduate schools, it is employed universally in...