If Economics is a vast wardrobe of fashionable theories that hardly ever fit the skeleton of thedifficult-to-classify world, then Matching & Mechanism Design is the magical scissors in theinvisible hands of the designer who tailor the algorithm garment embellished with strategyproofness,...

We build an empirical model of the Australian housing market that quantifies interrelationships between construction, vacancies, rents and prices. We find that low interest rates (partly reflecting lower world long-term rates) explain much of the rapid growth in housing prices and construction...