Similar Search Results

Forecasting the Manhattan office market with a simultaneous equation model

Fuerst, Franz - EconWPA - 2004

In order to explore the predictability of the Manhattan office market, a three-stage simultaneous equation model is applied in this paper. The first stage incorporates the office space market in terms of occupied space and absorption of new space. The second stage captures the adjustment of...

Persistent link: https://www.econbiz.de/10005062516

Real Estate Prices, Borrowing Constraints and Business Cycles -A Study of the Japanese Economy

Chakraborty, Suparna - EconWPA - 2005

This paper investigates the causes of business cycle fluctuations that Japan experienced over the period 1980 to 2000. To this end, I build a dynamic general equilibrium model with endogenous borrowing constraints where business cycle fluctuations are the result of TFP fluctuations and...

Persistent link: https://www.econbiz.de/10005561189

Exogenous shocks and real estate rental markets: An event study of the 9/11 attacks and their impact on the New York office market

Fuerst, Franz - EconWPA - 2005

Any attempt to measure the impact of the 9/11 attacks is faced with the difficulty of separating the effects of the attacks from the impact of a wider economic recession and other simultaneous events. This study attempts to isolate the effect on New York office rental and vacancy rates by...

Persistent link: https://www.econbiz.de/10005561660

Stochastic Dominance Portfolio Analysis of Forestry Assets

Heikkinen, V.-P.; Kuosmanen, Timo - EconWPA - 2002

general Stochastic Dominance (SD) criteria, focusing on the recent theoretical advances in analyzing portfolio diversification …

Persistent link: https://www.econbiz.de/10005134874

International Portfolio Investment: Theory, Evidence, and Institutional Framework

Bartram, Sohnke M.; Dufey, Gunter - EconWPA - 2001

other countries, hedge their consumption basket against ex-change rate risk, realize diversification effects and take … not only subject to currency risk and political risk, but there are many institu-tional constraints and barriers …

Persistent link: https://www.econbiz.de/10005134901

Determinants of Agricultural and Non-Agricultural Livelihood Strategies in Rural Communities: Evidence from Eastern Nigeria

Adi, A. Bongo - EconWPA - 2005

the determinants of livelihood diversification away from agriculture as well as the manner in which different agro …-ecological determinants affect such diversification. The probability of participating in non-agricultural activities was estimated in an …-climactic variables were found to determine the nature of diversification. Against the backdrop of the recent deagrarianisation thesis …

Persistent link: https://www.econbiz.de/10005135001

Intercity Trade and the Industrial Diversification of Cities

Anas, Alex; Xiong, Kai - EconWPA - 2003

The industrial diversification of cities is explained without imposing linkages among industries. In each of two city … diversification. …

Persistent link: https://www.econbiz.de/10005062501

Managing biodiversity correctly - Efficient portfolio management as an effective way of protecting species

Figge, Frank - EconWPA - 2004

Loss of biodiversity is regarded as one of the key problems affecting the environment. In order to demonstrate the significance of biodiversity, the value of individual species or ecosystems today is generally determined in science and practice. The underlying thought is that a species or...

Persistent link: https://www.econbiz.de/10005407798

Were the Acquisitive Conglomerates Inefficient?

Klein, Peter G. - EconWPA - 1997

, favoring an agency explanation for unrelated diversification. In the 1960s, however, conglomerates were not valued at a … discount. Evidence from acquisition histories suggests that conglomerate diversification may have added value by creating …

Persistent link: https://www.econbiz.de/10005412958

Risk in Financial Conglomerates: Management and Supervision

Lelyveld, Iman van; Schilder, Arnold - EconWPA - 2003

emerges from the theory on risk management, both from a market and a firm perspective. After describing the Dutch …

Persistent link: https://www.econbiz.de/10005413195