Showing 1 - 10 of 319
Persistent link: https://www.econbiz.de/10001593365
Persistent link: https://www.econbiz.de/10001653034
Persistent link: https://www.econbiz.de/10001705832
Persistent link: https://www.econbiz.de/10003275863
Persistent link: https://www.econbiz.de/10003363543
Persistent link: https://www.econbiz.de/10003308618
Persistent link: https://www.econbiz.de/10003995285
It is generally conceded that dividend pricing models are poor predictors of asset prices. This finding is sometimes attributed to excess volatility or to a dividend process manipulated by firm managers. In this paper, we present rather powerful panel tests of the dividend pricing relation using...
Persistent link: https://www.econbiz.de/10012784173
This paper develops a model of price formation in the housing market which accounts for the non-random selection of those dwellings sold on the market from the stock of existing houses. The model we develop also accounts for changes in the quality of dwellings themselves and tests for mean...
Persistent link: https://www.econbiz.de/10012786440
An unusually rich souce of data on housing prices in Stockholm is used to analyze the investment implications of housing choices. This empirical analysis derives market-wide price and return series for housing investment during a 13-year period, and it also provides estimates of the...
Persistent link: https://www.econbiz.de/10012787327