Purpose The purpose of this paper is to examine information and volatility linkages among real estate, equity, bond and money markets in Australia. Design/methodology/approach A novel rational expectations framework of financial contagion (Kodres and Pritsker, 2002), along with a combination of...

Purpose – The purpose of this paper is to investigate the housing improvement expenditure as a consumption smoothing strategy for Japanese households. Design/methodology/approach – Tobit estimation method is used to empirically investigate the role of home improvement expenditure in...

Purpose – There is significant research related to risk and uncertainty in valuation. Risk, in valuation, is mostly communicated to investors in qualitative terms. There has been some research in developed markets to communicate risk quantitatively to clients through property risk scores....

Covers -- Editorial advisory board -- Guest editorial -- A comparative study on registration system of real estate between Hong Kong and Mainland China -- Application of DSM in process management of a PE commercial real estate development project -- No way to say "no" -- Assessing determinants...

With the greening of the US power grid most of the available landscape and resource investment lays with residential home owners. Historically homes were not built with green technology in mind. Roof faces do not always face south, nor are they always at optimum angles. Existing homes are often...

Using nationally representative workplace data for Britain we identify the partial correlation between workplace wages and the percentage of migrants employed at a workplace. We find wages are lower in workplaces employing a higher percentage of migrants, but only when those migrants are non-EEA...