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Purpose : This paper aims to identify and examine the determinants of downside systematic risk in Australian listed property trusts (LPTs). Design/methodology/approach : Capital asset pricing model (CAPM) and lower partial moment-CAPM (LPM-CAPM) are employed to compute both systematic risk and...
Persistent link: https://www.econbiz.de/10009484103
This dissertation contains a series of essays that provide empirical evidence for Australia on some fundamental … of various basic predictions of standard real business cycle models for Australia are presented in Chapters 2, 3 and 4 …. Chapter 2 considers the question of great ratios for Australia. These are ratios of macroeconomic variables that are predicted …
Persistent link: https://www.econbiz.de/10009484248
-2020. A case study approach was used for Victoria, Australia. Findings – The paper finds that, although there is excess supply … facilities in Victoria, Australia, although some countries have substantially different age profiles and accommodation supply for …
Persistent link: https://www.econbiz.de/10009483698
Purpose – Sustainable property development has increased in market share over the past two to three years globally and locally. This research aims to analyze the drivers and barriers to sustainable property development in Melbourne using the triple bottom line (TBL) theoretical framework. The...
Persistent link: https://www.econbiz.de/10009483891
Incluye bibliografía y anexos ; The aim of this paper is to analyse, using a vector error-correction model (VECM), the dynamic interaction between house prices and loans for house purchase in Spain. The results show that both variables are interdependent in the long run: loans for house...
Persistent link: https://www.econbiz.de/10012530112
highly competitive banks. Key to this last result is the reaction of housing prices and their effect on borrowers' net worth …. The response of housing prices is more pronounced when competition among banks is stronger, thus making borrowers' net …
Persistent link: https://www.econbiz.de/10012530225
resultado de la evolución de los salarios y los retornos al capital ; Housing prices diverge from construction prices after 1997 …
Persistent link: https://www.econbiz.de/10012530358
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter...
Persistent link: https://www.econbiz.de/10009433264
dynamics of both housing supply and demand from a microeconomics perspective. The dissertation includes two papers which … incorporate unique micro data with new methodological approaches to examine housing market dynamics. The first paper models the … development decisions of land owners as a dynamic discrete choice problem to recover the primitives of housing supply. The second …
Persistent link: https://www.econbiz.de/10009475426
Lyginamosios vertės metodas – vienas dažniausiai taikomų nekilnojamojo turto vertinimo metodų individualių namų vertinimo praktikoje. Straipsnyje analizuojami lyginamosios vertės metodo taikymo atvejai, aptariama metodika, nagrinėjami esminiai veiksniai, į kuriuos būtina...
Persistent link: https://www.econbiz.de/10009478981