PhD scholarship in Price formation in Danish residential markets at Aarhus University, Denmark

Applicants must take a special interest in price formation in Danish residential markets and are expected to focus in particular on the following issues:

• theroretical and empirical analysis of price formation in Danish residential markets on the basis of the development prior to the recent financial recession,
• the importance of financial liberalisation, expectations and geographical disparities,
• estimation of price formation in Danish residential markets with a special view to improving financial forecasting and macroeconomic modeling in housing economics.

Questions about the preparation of the project description may be directed to Professor Torben M. Andersen, phone +45 8942 1609, tandersen@econ.au.dk