Larriva, Matt - In: Journal of Risk and Financial Management 15 (2022) 8, pp. 1-18
from 2000 to 2021. The accompanying cap rate data is sourced to Green Street. A binary logistic regression model was … specified by reducing the interaction between first-differenced GDP and CPI to a single binary variable and reducing the first …-differenced cap rate series to a binary variable. Cap rate changes are forecasted, and the model is evaluated using standard goodness …