IDEAS home Printed from https://ideas.repec.org/a/cai/recosp/reco_591_0099.html
   My bibliography  Save this article

Un nouvel indice de risque immobilier pour le marché résidentiel parisien

Author

Listed:
  • Michel Baroni
  • Fabrice Barthélémy
  • Mahdi Mokrane

Abstract

This article focuses on the driving factors associated with the Paris apartment market. The research explores a database of around 276 000 transactions for residential properties in the Paris area over the 1982-2005 period. A factorial model may capture the systematic link between residential prices and a set of predefined economic or financial variables. The measure of this link underlines the ?true path? of the real estate market in the sense that systematic factors can represent it. This methodology identifies the main driving factors for the Paris residential market. As systematic factors they are able to represent the fundamental market evolution and in comparison to existing price growth indices, allow the detection of a speculative behaviour during crisis periods. The ?factor model? may also provide valuable intuition for forecasting residential prices. Classification JEL : C20, G00

Suggested Citation

  • Michel Baroni & Fabrice Barthélémy & Mahdi Mokrane, 2008. "Un nouvel indice de risque immobilier pour le marché résidentiel parisien," Revue économique, Presses de Sciences-Po, vol. 59(1), pages 99-118.
    • Handle: RePEc:cai:recosp:reco_591_0099
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_591_0099
    Download Restriction: free
    File URL: http://www.cairn.info/revue-economique-2008-1-page-99.htm
    Download Restriction: free
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Leopoldo Sdino & Paolo Rosasco & Sara Magoni, 2018. "Real Estate Risk Analysis: The Case of Caserma Garibaldi in Milan," IJFS, MDPI, vol. 6(1), pages 1-13, January.
    2. Charles-Olivier Amédée-Manesme & Fabrice Barthélémy & Philippe Bertrand & Jean-Luc Prigent, 2019. "Mixed-asset portfolio allocation under mean-reverting asset returns," Annals of Operations Research, Springer, vol. 281(1), pages 65-98, October.

    More about this item

    JEL classification:

    • C20 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - General
    • G00 - Financial Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_591_0099. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-economique.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.