In this paper, we develop a non-parametric matching method to estimate the over or under valuation of sovereign risk in Central and Eastern European Countries (CEECs) between 2004 and 2007. CEECs are matched to other countries that are very similar with regards to macroeconomic fundamentals....

In this paper, we develop a methodology assessing if office market risks and property prices in Central and Eastern European (CEE) cities have been accurately valuated. Using the evolution of Western European office real estate market as a benchmark, we are able to estimate predicted property...

Ayant modifié en profondeur l'environnement d'affaires, la mondialisation amène bon nombre de petites et moyennes entreprises (PME) québécoises, et plus particulièrement celles du secteur manufacturier, à devoir s'engager dans un processus d'internationalisation. Il s'avère cependant que...

In this paper, we investigate the evolution of office market risks and property prices in Central and Eastern European (CEE) cities since the transition period. We develop a methodology assessing if office property markets have been accurately evaluated in CEE cities, using as a benchmark the...

In this paper, we investigate the evolution of office market risks and property prices in Central and Eastern European (CEE) cities. We developed a methodology assessing if office property markets have been accurately valuated in CEE cities, using as a benchmark the past evolution of office...

The objective of this paper is to identify the determinants of office capitalization rates for a panel of 52countries (developed and emerging countries) between 2000 and 2006. Our assumption, based on a CapitalAsset Pricing Model, is that the capitalization rate should be at least proportional...

The objective of this paper is to identify the determinants of office capitalization rates for a panel of 52 countries (developed and emerging countries) between 2000 and 2006. Our assumption, based on Capital Asset Pricing Model, is that the capitalization rate should be at least proportional...