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Demand Uncertainty, Timing of Development and Leasehold Land Valuation : Empirical Testing of Real Options in Residential Real Estate Development
Yao, Hui - 2013
This paper develops and tests a long-dated American call option pricing model for valuing development land under leasehold. We analyze and test option values in ten detailed Hong Kong cases involving purchase, holding, converting and developing land. We test also for optimal exercise of...
Persistent link: https://www.econbiz.de/10013081412
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Approximation of ruin probabilities via Erlangized scale mixtures
Peralta, Oscar; Rojas-Nandayapa, Leonardo; Xie, Wangyue; … - In: Insurance / Mathematics & economics 78 (2018), pp. 136-156
Persistent link: https://www.econbiz.de/10011825250
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Unemployment in the OECD : models, myths and mysteries
Junankar, Pramod N. - 1995
Persistent link: https://www.econbiz.de/10000146738
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Are there diminishing returns to R&D?
Madsen, Jakob Brøchner (contributor) - 2006
Persistent link: https://www.econbiz.de/10003353538
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Are there diminishing returns to R&D?
Madsen, Jakob Brøchner - In: Economics letters 95 (2007) 2, pp. 161-166
Persistent link: https://www.econbiz.de/10003460207
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Growth and capital deepening since 1870 : is it all technological progress?
Madsen, Jakob Brøchner - In: Journal of macroeconomics 32 (2010) 2, pp. 641-656
Persistent link: https://www.econbiz.de/10003976532
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Growth and capital deepening since 1870 : is it all technological progress?
Madsen, Jakob Brøchner - 2009
Persistent link: https://www.econbiz.de/10003859006
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Formation of inflation expectations : from the simple to the rational expectations hypothesis
Madsen, Jakob Brøchner - In: Applied economics 28 (1996) 10, pp. 1331-1337
Persistent link: https://www.econbiz.de/10001207641
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The share market boom and the recent disinflation in the OECD countries : the tax-effects, the inflation-illusion and the risk-aversion hypothesis reconsidered
Madsen, Jakob Brøchner - In: The quarterly review of economics and finance : journal … 42 (2002) 1, pp. 115-141
Persistent link: https://www.econbiz.de/10001648624
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Inflation and investment
Madsen, Jakob Brøchner - In: Scottish journal of political economy : the journal of … 50 (2003) 4, pp. 375-397
Persistent link: https://www.econbiz.de/10001916838