Econometric Integration of Real Estate's Space and Capital Markets
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- William C. Wheaton, 1987. "The Cyclic Behavior of the National Office Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 15(4), pages 281-299, December.
- David Guilkey & Mike Miles & Rebel Cole, 1989. "The Motivation for Institutional Real Estate Sales and Implications for Asset Class Returns," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(1), pages 70-86, March.
- Patric H. Hendershott & David C. Ling, 1984.
"Prospective Changes in Tax Law and the Value of Depreciable Real Estate,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(3), pages 297-317, September.
- Patric H. Hendershott & David C. Ling, 1984. "Prospective Changes in Tax Law and the Value of Depreciable Real Estate," NBER Working Papers 1352, National Bureau of Economic Research, Inc.
- William C. Wheaton & Raymond G. Torto, 1990. "An Investment Model of the Demand and Supply For Industrial Real Estate," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(4), pages 530-547, December.
- Smith, Lawrence B, 1974. "A Note on the Price Adjustment Mechanism for Rental Housing," American Economic Review, American Economic Association, vol. 64(3), pages 478-481, June.
- Chen, Nai-Fu & Roll, Richard & Ross, Stephen A, 1986. "Economic Forces and the Stock Market," The Journal of Business, University of Chicago Press, vol. 59(3), pages 383-403, July.
- Stuart A. Gabriel & Frank E. Nothaft, 1988.
"Rental Housing Markets and the Natural Vacancy Rate,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 16(4), pages 419-429, December.
- Stuart A. Gabriel & Frank E. Nothaft, 1987. "Rental housing markets and the natural vacancy rate," Working Paper Series / Economic Activity Section 74, Board of Governors of the Federal Reserve System (U.S.).
- Graff, Richard A & Young, Michael S, 1996. "Real Estate Return Correlations: Real-World Limitations on Relationships Inferred from NCREIF Data," The Journal of Real Estate Finance and Economics, Springer, vol. 13(2), pages 121-142, September.
- Denise DiPasquale & William C. Wheaton, 1992. "The Markets for Real Estate Assets and Space: A Conceptual Framework," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 20(2), pages 181-198, June.
- John S. Hekman, 1985. "Rental Price Adjustment and Investment in the Office Market," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 13(1), pages 32-47, March.
- Richard Voith & Theodore Crone, 1988. "National Vacancy Rates and the Persistence of Shocks in U.S. Office Markets," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 16(4), pages 437-458, December.
- John L. Glascock & Shirin Jahanian & C. F. Sirmans, 1990. "An Analysis of Office Market Rents: Some Empirical Evidence," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(1), pages 105-119, March.
- Geltner, David & Mei, Jianping, 1995. "The Present Value Model with Time-Varying Discount Rates: Implications for Commercial Property Valuation and Investment Decisions," The Journal of Real Estate Finance and Economics, Springer, vol. 11(2), pages 119-135, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Joseph DeSalvo, 2017. "Teaching the DiPasquale-Wheaton Model," Working Papers 0117, University of South Florida, Department of Economics.
- Fuerst, Franz, 2006. "Predictable or Not? Forecasting Office Markets with a Simultaneous Equation Approach," MPRA Paper 5262, University Library of Munich, Germany.
- Patric H. Hendershott & Bryan D. MacGregor, 2003. "Investor Rationality: Evidence from UK Property Capitalization Rates," NBER Working Papers 9894, National Bureau of Economic Research, Inc.
- Franz Fuerst, 2004. "Forecasting the Manhattan office market with a simultaneous equation model," Urban/Regional 0410006, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Leon G. Shilton & Janet K. Tandy, 1993. "The Information Precision of CBD Office Vacancy Rates," Journal of Real Estate Research, American Real Estate Society, vol. 8(3), pages 421-444.
- Jean-Jacques Grannelle, 1996. "Le marché des bureaux. Une revue des modèles économétriques," Revue de l'OFCE, Programme National Persée, vol. 59(1), pages 167-211.
- Jacques Gordon & Paige MosbaughTodd Canter & Todd Canter, 1996. "Integrating Regional Economic Indicators with the Real Estate Cycle," Journal of Real Estate Research, American Real Estate Society, vol. 12(3), pages 469-501.
- John L. Glascock & Minbo Kim & C.F. Sirmans, 1993. "An Analysis of Office Market Rents: Parameter Constancy and Unobservable Variables," Journal of Real Estate Research, American Real Estate Society, vol. 8(4), pages 625-638.
- John L. Glascock & C. F. Sirmans & Geoffrey K. Turnbull, 1993. "Owner Tenancy as Credible Commitment under Uncertainty," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 21(1), pages 69-82, March.
- N. B. Udoekanem & J. I. Ighalo, 2016. "An assessment of the relationship between office rent and vacancy rate in Abuja, Nigeria," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 6(3), pages 77-83, March.
- Rena Sivitanidou, 1999. "Does the Theory of Irreversible Investments Help Explain Movements in Office-Commerical Construction?," Working Paper 8659, USC Lusk Center for Real Estate.
- Charles Ka Yui Leung & Patrick Wai Yin Cheung & Erica Jiajia Ding, 2008. "Intra-metropolitan Office Price and Trading Volume Dynamics: Evidence from Hong Kong," International Real Estate Review, Global Social Science Institute, vol. 11(2), pages 47-74.
- Mark Gallagher & Asieh Mansour, 2000. "An Analysis of Hotel Real Estate Market Dynamics," Journal of Real Estate Research, American Real Estate Society, vol. 19(2), pages 133-164.
- Rena Sivitanidou, 1999. "Office Rent Processes: The Case of U.S. Metropolitan Markets," Working Paper 8664, USC Lusk Center for Real Estate.
- Xin Zhang & David Geltner & Richard Neufville, 2018. "System Dynamics Modeling of Chinese Urban Housing Markets for Pedagogical and Policy Analysis Purposes," The Journal of Real Estate Finance and Economics, Springer, vol. 57(3), pages 476-501, October.
- Colwell, Peter F., 2002. "Tweaking the DiPasquale-Wheaton Model," Journal of Housing Economics, Elsevier, vol. 11(1), pages 24-39, March.
- Stephen A. Pyhrr & Stephen E. Roulac & Waldo L. Born, 1999. "Real Estate Cycles and Their Strategic Implications for Investors and Portfolio Managers in the Global Economy," Journal of Real Estate Research, American Real Estate Society, vol. 18(1), pages 7-68.
- Zeno Adams & Roland Füss, 2012. "Disentangling the Short and Long-Run Effects of Occupied Stock in the Rental Adjustment Process," The Journal of Real Estate Finance and Economics, Springer, vol. 44(4), pages 570-590, May.
- Joseph Gyourko & Richard Voith, 1993.
"Leasing as a Lottery: Implications for Rational Building Surges and Increasing Vacancies,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 21(1), pages 83-106, March.
- Joseph Gyourko & Richard Voith, 1992. "Leasing as a lottery: implications for rational building surges and increasing vacancies," Working Papers 92-10, Federal Reserve Bank of Philadelphia.
- Patric H. Hendershott & Bryan D. MacGregor & Raymond Y.C. Tse, 2002.
"Estimation of the Rental Adjustment Process,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 30(2), pages 165-183.
- Patric H. Hendershott & Bryan D. Macgregor & Raymond Y.C. Tse, 2001. "Estimation of the Rental Adjustment Process," ERES eres2001_178, European Real Estate Society (ERES).
- McCartney, John, 2008. "An Empirical Analysis of Development Cycles in the Dublin Office Market 1976-2007," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2008(4-Winter), pages 68-92.
- Jonathan Wiley & Justin Benefield & Ken Johnson, 2010. "Green Design and the Market for Commercial Office Space," The Journal of Real Estate Finance and Economics, Springer, vol. 41(2), pages 228-243, August.
- Jos Janssen & Bert Kruijt & Barrie Needham, 1994. "The Honeycomb Cycle in Real Estate," Journal of Real Estate Research, American Real Estate Society, vol. 9(2), pages 237-252.
- Gabriel, Stuart A. & Nothaft, Frank E., 2001.
"Rental Housing Markets, the Incidence and Duration of Vacancy, and the Natural Vacancy Rate,"
Journal of Urban Economics, Elsevier, vol. 49(1), pages 121-149, January.
- Stuart A. Gabriel & Frank E. Nothaft, 1999. "Rental Housing Markets, the Incidence and Duration of Vacancy, and the Natural Vacancy Rate," Working Paper 8668, USC Lusk Center for Real Estate.
More about this item
JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
Statistics
Access and download statisticsCorrections
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:jre:issued:v:18:n:3:1999:p:503-519. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: JRER Graduate Assistant/Webmaster (email available below). General contact details of provider: http://www.aresnet.org/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.