Anil Kumar

Aarhus University, Department of Economics & Business Economics

Assistant Professor

Fuglesangs Alle 4

Aarhus V, 8210

Denmark

Danish Finance Institute

SCHOLARLY PAPERS

6

DOWNLOADS

593

SSRN CITATIONS

2

CROSSREF CITATIONS

1

Scholarly Papers (6)

1.

Riskiness of Real Estate Development: A Perspective from Urban Economics & Option Value Theory

Number of pages: 51 Posted: 28 Jan 2017 Last Revised: 02 Aug 2018
Massachusetts Institute of Technology (MIT), Aarhus University, Department of Economics & Business Economics and University of Connecticut - Department of Finance
Downloads 279 (122,423)
Citation 2

Abstract:

Loading...

Highest and Best Use, Commercial Real Estate, Land Values, Depreciation, Option Value

2.

Is there Super-normal Profit in Real Estate Development?

University of Connecticut School of Business Research Paper No. 19-14
Number of pages: 43 Posted: 05 Sep 2019 Last Revised: 15 Jun 2020
Massachusetts Institute of Technology (MIT), Aarhus University, Department of Economics & Business Economics and University of Connecticut - Department of Finance
Downloads 163 (203,348)

Abstract:

Loading...

Real Estate Development, REITs, Super-normal Profit, Positive NPV, Real Option

3.

Payout Policy and Real Estate Prices

Number of pages: 49 Posted: 01 Dec 2015 Last Revised: 11 Nov 2016
Anil Kumar and Carles Vergara-Alert
Aarhus University, Department of Economics & Business Economics and University of Navarra - IESE Business School
Downloads 74 (354,642)
Citation 1

Abstract:

Loading...

4.

Stock Comovement and Financial Flexibility

Number of pages: 34 Posted: 25 Oct 2019
Aarhus University, Department of Economics & Business Economics, IESE Business School and University of Navarra - IESE Business School
Downloads 46 (445,824)

Abstract:

Loading...

Return Comovement, Financial Flexibility, Real Estate Assets, Collateral

5.

Risk Management and Policy Sales in Life Insurance Companies

Number of pages: 72 Posted: 15 Oct 2020
Erasmo Giambona and Anil Kumar
Syracuse University - Whitman School of Management - Finance Department; James D. Kuhn Center for Real Estate and Aarhus University, Department of Economics & Business Economics
Downloads 19 (585,191)

Abstract:

Loading...

Risk management, policy sales (life insurance and annuities), policy prices, financial stability, market share, market leadership, derivatives superpriority

6.

The Effect of Real Estate Prices on Peer Firms

Number of pages: 32 Posted: 01 Jun 2020 Last Revised: 14 Oct 2020
Einar C. Kjenstad and Anil Kumar
Aarhus University and Aarhus University, Department of Economics & Business Economics
Downloads 12 (632,704)

Abstract:

Loading...

Real estate, collateral, peer effects, corporate investment, financial flexibility