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The persistence of real estate cycles
16 references·14 citing·31 second hop
The persistence of real estate cycles (1995)The persistence of real estate cyclesThe Journal of Real Estate Finance and Economics (2013)The Journal of Real Estate Fi…Theory of rational option pricing (2005)Theory of rational option pri…Valuing lease contracts A real-options approach (1995)Valuing lease contracts A rea…Waiting to Invest: Investment and Uncertainty (1992)Waiting to Invest: Investment…Real estate development as an option (1991)Real estate development as an…Valuing Flexibility as a Complex Option (1990)Valuing Flexibility as a Comp…The stochastic city (1990)The stochastic cityIrreversibility, Uncertainty, and Investment (1990)Irreversibility, Uncertainty,…Hysteresis, Import Penetration, and Exchange Rate Pass-Through (1989)Hysteresis, Import Penetratio…Entry and Exit Decisions under Uncertainty (1989)Entry and Exit Decisions unde…The Cyclic Behavior of the National Office Market (1987)The Cyclic Behavior of the Na…Irreversible Investment, Capacity Choice and the Value of the Firm (1986)Irreversible Investment, Capa…Urban Land Prices Under Uncertainty (1985)Urban Land Prices Under Uncer…The Value of Waiting to Invest (1982)The Value of Waiting to InvestThe valuation of options for alternative stochastic processes (1976)The valuation of options for …Theory of Rational Option Pricing (1973)Theory of Rational Option Pri…Housing, Finance, and the Macroeconomy (2015)Housing, Finance, and the Mac…International Office Investment in Global Cities: The Production of Financial Space and Systemic Risk (2013)International Office Investme…Binomial option pricing models for real estate development (2013)Binomial option pricing model…Have Equity REITs Experienced Periodically Collapsing Bubbles? (2007)Have Equity REITs Experienced…Is Terrorism Eroding Agglomeration Economies in Central Business Districts? Lessons from the Office Real Estate Market in Downtown Chicago (2006)Is Terrorism Eroding Agglomer…Real Options: Experimental Evidence (2005)Real Options: Experimental Ev…REITs and Idiosyncratic Risk (2004)REITs and Idiosyncratic RiskOverbuilding: A Game‐Theoretic Approach (2000)Overbuilding: A Game‐Theoreti…The Workings of the London Office Market (1999)The Workings of the London Of…Real Estate Cycles and Their Strategic Implications for Investors and Portfolio Managers in the Global Economy (1999)Real Estate Cycles and Their …Property Cycles, Speculative Bubbles and the Gross Income Multiplier (1999)Property Cycles, Speculative …The Cyclic Behavior of the U.S. Lodging Industry (1998)The Cyclic Behavior of the U.…REITs and Inflation: A Long-Run Perspective (1998)REITs and Inflation: A Long-R…Rational Expectations, Market Fundamentals and Housing Price Volatility (1996)Rational Expectations, Market…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Optimum consumption and portfolio rules in a continuous-time model (1971)Determinants of corporate borrowing (1977)Option pricing: A simplified approach (1979)Investment and Hysteresis (1992)The Correlates of Change in International Financial Regulation (1997)Environmental Policy and Technological Change (2002)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Pricing of Options and Corporate Liabilities (1973)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Pricing of Options on Assets with Stochastic Volatilities (1987)An equilibrium characterization of the term structure (1977)A Theory of the Term Structure of Interest Rates (1985)Economic Instability and Aggregate Investment (1993)Discounting the distant future: how much do uncertain rates increase valuations? (2003)Renewable energy investments under different support schemes: A real options approach (2012)Capital Theory and Investment Behavior (1963)Option pricing when underlying stock returns are discontinuous (1976)Irreversibility, Uncertainty, and Cyclical Investment (1980)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Joint Ventures and the Option to Expand and Acquire (1991)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)Investment in Human Capital: A Theoretical Analysis (1962)Evaluating Natural Resource Investments (1985)The Asset-Pricing Implications of Government Economic Policy Uncertainty (2015)Markov-Perfect Industry Dynamics: A Framework for Empirical Work (1995)The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets (1996)Land use regulation and new construction (2000)Real Options and Interactions with Financial Flexibility (1993)Strategic Growth Options (1998)
this work references cited by second hop

References

  • 1973Theory of Rational Option Pricing8,060 cited
  • 2005Theory of rational option pricing7,161 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 1976The valuation of options for alternative stochastic processes2,935 cited
  • 1990Irreversibility, Uncertainty, and Investment2,456 cited
  • 1989Entry and Exit Decisions under Uncertainty2,356 cited
  • 1986Irreversible Investment, Capacity Choice and the Value of the Firm1,296 cited
  • 1989Hysteresis, Import Penetration, and Exchange Rate Pass-Through870 cited
  • 1985Urban Land Prices Under Uncertainty640 cited
  • 1992Waiting to Invest: Investment and Uncertainty516 cited
  • 2013The Journal of Real Estate Finance and Economics512 cited
  • 1990The stochastic city337 cited
  • 1991Real estate development as an option328 cited
  • 1990Valuing Flexibility as a Complex Option287 cited
  • 1995Valuing lease contracts A real-options approach276 cited
  • 1987The Cyclic Behavior of the National Office Market254 cited

Cited by

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  • 1999Real Estate Cycles and Their Strategic Implications for Investors and Portfolio Managers in the Global Economy159 cited
  • 1996Rational Expectations, Market Fundamentals and Housing Price Volatility154 cited
  • 1999The Workings of the London Office Market154 cited
  • 2006Is Terrorism Eroding Agglomeration Economies in Central Business Districts? Lessons from the Office Real Estate Market in Downtown Chicago153 cited
  • 2015Housing, Finance, and the Macroeconomy135 cited
  • 1998REITs and Inflation: A Long-Run Perspective86 cited
  • 2004REITs and Idiosyncratic Risk82 cited
  • 2013International Office Investment in Global Cities: The Production of Financial Space and Systemic Risk81 cited
  • 1998The Cyclic Behavior of the U.S. Lodging Industry74 cited
  • 1999Property Cycles, Speculative Bubbles and the Gross Income Multiplier72 cited
  • 2000Overbuilding: A Game‐Theoretic Approach71 cited
  • 2005Real Options: Experimental Evidence64 cited
  • 2007Have Equity REITs Experienced Periodically Collapsing Bubbles?56 cited
  • 2013Binomial option pricing models for real estate development31 cited