Petr Zemcik is director of economic research at the Moody’s Analytics London office. He is responsible for analysis, modeling, and forecasting for Europe. Dr. Zemcik also supervises the real-time coverage of Europe for the Dismal Scientist web site. He previously worked at CERGE-EI, a joint workplace of the Center for Economic Research and Graduate Education of Charles University in Prague and the Economics Institute of the Academy of Sciences of the Czech Republic, and at Southern Illinois University in Carbondale. He has published numerous articles on econometric methodology and on real estate bubbles in the United States and in Europe in peer- reviewed professional journals. He holds a PhD and M.A. in Economics from the University of Pittsburgh and M.Sc. in Econometrics and Operations Research from the University of Economics in Prague.