Hendershott, Patric H.; MacGregor, Bryan D.; Tse, … - In: Real Estate Economics 30 (2002) 2, pp. 165-183
Rental adjustment equations have been estimated for a quarter century. In the United States, models have used the deviation of the actual vacancy rate from the natural rate as the main explanatory variable, while in the United Kingdom, drivers of the demand for space have dominated the...