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This article compares the attributes of a hedonic model for valuing real estate located near Jackson Hole, Wyoming with the attributes of a hedonic model for valuing agricultural property located throughout the remainder of Wyoming. It is observed that attributes affecting the value of resort...
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We provide another perspective regarding Fannie Mae's and Freddie Mac's impact on the recent financial crisis. We conclude that the crisis and the GSEs being placed into conservancy were primarily caused by the proliferation of below prime mortgages, which led to their sustaining significantly...
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This paper investigates the value and proposes a public policy regarding government grazing leases. It is found that federal grazing leases have little impact upon the value of ranches. It is speculated that state leases are valued more highly than federal grazing leases because of the higher...
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This study develops nominal and real holding period return indices for operating ranches. The indices contain two components, monthly ranch operating profit and capital appreciation. A regression model that determines the effect of various attributes on total market value is used to estimate...
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