The aim of this article is to investigate the impact of advanced vocational education and training (AVET) on earnings. We use a multiple longitudinal panel data set for the period 1996 to 2008. Moreover, we have a panel for eight different labour markets in Sweden. By estimating an income...

The impact of policy instruments supposed to reduce greenhouse gas emissions from road freight transports may seem smaller than expected. Using insights from economics and contract theory, the paper sorts out the (possible) instances of market failure in the freight transport market; operator...

This study is one of the first to investigate how energy performance effect commercial real estate gross revenues in Sweden. The property level panel dataset used for this study consists of both economic data and Energy Performance Certificate data. The econometric analysis suggests that...

We argue that banks operating in a local market possess better information about the local housing market than do non-local banks. Possessing this information may influence their willingness to grant loans to house buyers and the specifics of the loan terms, which in turn may affect house prices...

Using Gateuax dierentials we study how the value of a stream of cash flows is changed as the forward rate curve changes. Using this approach we are able to derive an alternative to the standard method of duration matching, and we argue why it better than ordinary duration matching. We also solve...

A large part of the Swedish housing stock was built between 1955 and 1975 and there is currently a large need for renovations. In this article the focus is on apartment renovations in cooperative housing where the individual owner of the apartment is responsible for renovations. Lack of...

It has been reported that productivity development in the construction sector has been very low compared to other sector. Measuring productivity is however not easy and it might have been underestimated due to deficiencies in the index that is used when the value added in current prices is...

The article analyses the economic and legal choice between 3D property formation and other property rights alternatives to accommodate needs for multiple uses of and access to three-dimensionally defined spaces. An overview of 3D property rights alternatives in Sweden is presented, and a closer...

The first part of the study concerns the concept ”sustainable renovation”. Four parts are identified and then used in the case study: environmental sustainability (including energy efficiency and choice of materials); social sustainability (interpreted as that the current tenants should be...

The purpose of this paper is to study the determinants of aggregate fund flows to both equity and hybrid mutual funds. We test three hypotheses that help explaining the relationship between mutual fund flows and stock market returns, namely; the feedback-trader hypothesis, the price-pressure...