Author Page for Patric H. Hendershott

1.

Uses of Equilibrium Models in Real Estate Research

Dice Center For Research In Financial Economics, Working Paper Series 96-12

Number of pages: 23 Posted: 06 Feb 1997

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 1,333 (13,159)

Citation 2

Abstract:

2.

An Anatomy of Price Dynamics in Illiquid Markets: Analysis and Evidence from Local Housing Markets

Number of pages: 38 Posted: 01 Oct 2003

Dennis R. Capozza, Patric H. Hendershott and Charlotte Mack

Ross School of Business, University of Michigan, University of Aberdeen - Centre for Property Research and University of Michigan at Ann Arbor

Downloads 395 (69,983)

Citation 41

Abstract:

3.

Determinants of Real House Price Dynamics

NBER Working Paper No. w9262

Number of pages: 35 Posted: 11 Oct 2002

Dennis R. Capozza, Patric H. Hendershott, Charlotte Mack and Christopher J. Mayer

Ross School of Business, University of Michigan, University of Aberdeen - Centre for Property Research, University of Michigan at Ann Arbor and Columbia Business School - Finance and Economics

Downloads 376 (74,163)

Citation 33

Abstract:

4.

Systematic Valuation Errors and Property Cycles: A Clinical Study of the Sydney Office Market

Working Papers Series #96-11

Number of pages: 21 Posted: 06 Feb 1997

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 346 (81,655)

Citation 1

Abstract:

5.

Selling Time and Selling Price: The Impact of Seller Motivation

Downloads 272 (106,431)

2

Selling Time and Selling Price: The Impact of Seller Motivation

Number of pages: 29 Posted: 27 Mar 1998

Michel Glower, Donald R. Haurin and Patric H. Hendershott

Independent, Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research

Downloads 272 (105,959)

Citation 36

Abstract:

Selling Time and Selling Price: The Impact of Seller Motivation

Real Estate Economics

Posted: 05 Apr 1998

Michel Glower, Donald R. Haurin and Patric H. Hendershott

Independent, Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research

Abstract:

6.

Determinants of Cross-Sectional Variation in Discount Rates, Growth Rates, and Exit Cap Rates

Number of pages: 28 Posted: 08 Mar 2004

Ake Gunnelin, Patric H. Hendershott, Martin Hoesli and Bo Soederberg

Royal Institute of Technology (KTH) - Department of Real Estate and Construction Management, University of Aberdeen - Centre for Property Research, University of Geneva - Geneva School of Economics and Management (GSEM) and University of Gävle - Department of Business Administration

Downloads 252 (115,371)

Citation 4

Abstract:

7.

Risk and Return on Real Estate: Evidence from Equity Reits

NBER Working Paper No. w3311

Number of pages: 30 Posted: 28 Jun 2004 Last Revised: 21 Jul 2010

Kam C. Chan, Patric H. Hendershott and Anthony B. Sanders

Western Kentucky University - Department of Accounting and Finance, University of Aberdeen - Centre for Property Research and George Mason University - School of Business

Downloads 189 (152,339)

Citation 71

Abstract:

8.

Estimating Constant-Quality Capitalization Rates and Capitalization Effects of Below-Market Financing

Dice Center Working Paper No. 98-14

Number of pages: 23 Posted: 10 Dec 1998

Patric H. Hendershott and Bengt Turner

University of Aberdeen - Centre for Property Research and Uppsala University - Institute for Housing and Urban Research

Downloads 167 (170,156)

Citation 3

Abstract:

9.

Investor Rationality: An Analysis of Ncreif Commercial Property Data

Journal of Real Estate Research, Vol. 27, No. 4, 2006

Number of pages: 32 Posted: 27 Dec 2006

Patric H. Hendershott and Bryan MacGregor

University of Aberdeen - Centre for Property Research and University of Aberdeen - Centre for Property Research

Downloads 157 (179,252)

Citation 5

Abstract:

10.

Mortgage Refinances, Streamlines and Adverse Selection

The Dice Center for Research in Financial Economics Working Paper 98-5

Number of pages: 25 Posted: 26 Oct 1998

David M. Brickman and Patric H. Hendershott

Federal Home Loan Mortgage Corporation (FHLMC) and University of Aberdeen - Centre for Property Research

Downloads 156 (180,222)

Abstract:

11.

Mortgage Refinancing, Adverse Selection, and Fha's Streamline Program

Dice Center Working Paper No. 99-16

Number of pages: 32 Posted: 24 Mar 2000

David M. Brickman and Patric H. Hendershott

Federal Home Loan Mortgage Corporation (FHLMC) and University of Aberdeen - Centre for Property Research

Downloads 149 (187,296)

Citation 1

Abstract:

12.

Bubbles in Metropolitan Housing Markets

Downloads 126 (214,174)

Citation 59

2

Bubbles in Metropolitan Housing Markets

NBER Working Paper No. w4774

Number of pages: 27 Posted: 05 Sep 2001 Last Revised: 27 Jul 2010

Jesse M. Abraham and Patric H. Hendershott

National Bureau of Economic Research (NBER) and University of Aberdeen - Centre for Property Research

Downloads 126 (215,051)

Citation 59

Abstract:

Bubbles in Metropolitan Housing Markets

J. OF HOUSING RESEARCH, Vol. 7 No. 2, 1996

Posted: 22 Nov 1996

Jesse M. Abraham and Patric H. Hendershott

National Bureau of Economic Research (NBER) and University of Aberdeen - Centre for Property Research

Abstract:

13.

The Capitalization of Interest Subsidies: Evidence from Sweden

Dice Center Working Paper No. 98-15

Number of pages: 28 Posted: 01 Dec 1998

Tommy Berger, Peter Englund, Patric H. Hendershott and Bengt Turner

Uppsala University - Institute for Housing and Urban Research, Swedish House of Finance, University of Aberdeen - Centre for Property Research and Uppsala University - Institute for Housing and Urban Research

Downloads 113 (232,226)

Citation 5

Abstract:

14.

Fund Flows and Commercial Real Estate Investment: Evidence from The Commercial Mortgage Market

Journal of Real Estate Research Vol. 26, No. 4, 2004

Number of pages: 26 Posted: 28 Dec 2006

Ron Donohue and Patric H. Hendershott

Homer Hoyt Institute and University of Aberdeen - Centre for Property Research

Downloads 112 (233,769)

Abstract:

15.

Patterns and Determinants of Metropolitan House Prices, 1977-91

NBER Working Paper No. w4196

Number of pages: 39 Posted: 28 Jan 2006 Last Revised: 21 May 2007

Jesse M. Abraham and Patric H. Hendershott

National Bureau of Economic Research (NBER) and University of Aberdeen - Centre for Property Research

Downloads 79 (293,376)

Citation 5

Abstract:

16.

How Taxes and Required Returns Drove Commercial Real Estate Valuations Over the Past Four Decades

FRB of Dallas Working Paper No. 1703

Number of pages: 47 Posted: 14 Feb 2017

John V. Duca, Patric H. Hendershott and David C. Ling

Federal Reserve Banks - Federal Reserve Bank of Dallas, University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 59 (343,274)

Abstract:

17.

Estimating the Rental Adjustment Process

NBER Working Paper No. w7912

Number of pages: 19 Posted: 29 Sep 2000 Last Revised: 19 Oct 2010

Patric H. Hendershott, Bryan MacGregor and Raymond Y. C. Tse

University of Aberdeen - Centre for Property Research, University of Aberdeen - Centre for Property Research and University of Amsterdam - Centre for Environmental Law

Downloads 58 (346,154)

Citation 1

Abstract:

18.

Evidence on Rationality in Commercial Property Markets: An Interpretation and Critique

NBER Working Paper No. w11329

Number of pages: 33 Posted: 14 Jun 2005 Last Revised: 16 Jun 2005

Patric H. Hendershott, Robert J. Hendershott and Bryan MacGregor

University of Aberdeen - Centre for Property Research, Santa Clara University and University of Aberdeen - Centre for Property Research

Downloads 56 (352,153)

Citation 2

Abstract:

19.

Pricing FHA Mortgage Default Insurance

NBER Working Paper No. w1382

Number of pages: 33 Posted: 25 Jun 2004 Last Revised: 14 Apr 2008

Donald F. Cunningham and Patric H. Hendershott

Baylor University - Department of Finance, Insurance & Real Estate and University of Aberdeen - Centre for Property Research

Downloads 55 (355,272)

Citation 15

Abstract:

20.

Homeownership and Unemployment: The Roles of Leverage and Public Housing

NBER Working Paper No. w10021

Number of pages: 50 Posted: 16 Oct 2003

Paul Flatau, Matt Forbes, Patric H. Hendershott and Gavin A. Wood

The University of Western Australia, Murdoch University - Economics Department, University of Aberdeen - Centre for Property Research and RMIT University - School of Economics, Finance and Marketing

Downloads 54 (358,344)

Citation 7

Abstract:

21.

Borrowing Constraints and the Tenure Choice of Young Households

NBER Working Paper No. w5630

Number of pages: 30 Posted: 13 Apr 1998 Last Revised: 16 May 2012

Donald R. Haurin, Patric H. Hendershott and Susan M. Wachter

Ohio State University (OSU) - Economics, University of Aberdeen - Centre for Property Research and University of Pennsylvania - Wharton School, Department of Real Estate

Downloads 54 (358,344)

Citation 23

Abstract:

22.

Pricing Mortgages: an Interpretation of the Models and Results

NBER Working Paper No. w2290

Number of pages: 65 Posted: 19 Jul 2004 Last Revised: 12 Sep 2008

Patric H. Hendershott and Robert Van Order

University of Aberdeen - Centre for Property Research and Federal Home Loan Mortgage Corporation (FHLMC) - Housing Economics and Financial Research

Downloads 50 (370,766)

Citation 20

Abstract:

23.

Demographic Factors and Real House Prices

NBER Working Paper No. w4332

Number of pages: 21 Posted: 11 Apr 2004

Richard K. Green and Patric H. Hendershott

University of Southern California - Lusk Center for Real Estate and University of Aberdeen - Centre for Property Research

Downloads 48 (377,407)

Citation 3

Abstract:

24.

The Economics of Tenure Choice: 1955-79

NBER Working Paper No. w0543

Number of pages: 39 Posted: 07 Jul 2004 Last Revised: 28 Jun 2010

Patric H. Hendershott and James D. Shilling

University of Aberdeen - Centre for Property Research and DePaul University

Downloads 47 (380,656)

Citation 19

Abstract:

25.

Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation

Downloads 46 (383,966)

2

Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation

NBER Working Paper No. w5070

Number of pages: 59 Posted: 11 Jun 2000 Last Revised: 09 May 2015

Donald R. Haurin, Susan M. Wachter and Patric H. Hendershott

Ohio State University (OSU) - Economics, University of Pennsylvania - Wharton School, Department of Real Estate and University of Aberdeen - Centre for Property Research

Downloads 46 (391,165)

Citation 19

Abstract:

Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation

J. OF HOUSING RESEARCH

Posted: 13 Sep 1996

Donald R. Haurin, Patric H. Hendershott and Susan M. Wachter

Ohio State University (OSU) - Economics, University of Aberdeen - Centre for Property Research and University of Pennsylvania - Wharton School, Department of Real Estate

Abstract:

26.

Taxing and Subsidizing Housing Investment: The Rise and Fall of Housing's Favored Status

NBER Working Paper No. w7928

Number of pages: 32 Posted: 29 Sep 2000 Last Revised: 19 May 2015

Patric H. Hendershott and Michael White

University of Aberdeen - Centre for Property Research and University of Aberdeen - Centre for Property Research

Downloads 42 (397,988)

Citation 8

Abstract:

27.

Expected Home Ownership and Real Wealth Accumulation of Youth

NBER Working Paper No. w5629

Number of pages: 29 Posted: 23 Apr 1998 Last Revised: 22 May 2012

Donald R. Haurin, Susan M. Wachter and Patric H. Hendershott

Ohio State University (OSU) - Economics, University of Pennsylvania - Wharton School, Department of Real Estate and University of Aberdeen - Centre for Property Research

Downloads 41 (401,546)

Abstract:

28.

Real Estate and the Tax Reform Act of 1986

NBER Working Paper No. w2098

Number of pages: 42 Posted: 28 Jun 2004 Last Revised: 28 Sep 2010

Patric H. Hendershott, James R. Follain and David C. Ling

University of Aberdeen - Centre for Property Research, Federal Home Loan Mortgage Corporation (FHLMC) and University of Florida - Warrington College of Business Administration

Downloads 39 (409,024)

Citation 1

Abstract:

29.

Taxes and the User Cost of Capital for Owner-Occupied Housing

NBER Working Paper No. w0929

Number of pages: 32 Posted: 04 Jul 2004 Last Revised: 18 Jul 2010

Patric H. Hendershott and Joel B. Slemrod

University of Aberdeen - Centre for Property Research and University of Michigan, Stephen M. Ross School of Business

Downloads 37 (417,065)

Citation 31

Abstract:

30.

Investor Rationality: Evidence from UK Property Capitalization Rates

NBER Working Paper No. w9894

Number of pages: 39 Posted: 25 Aug 2003 Last Revised: 04 Nov 2010

Patric H. Hendershott and Bryan MacGregor

University of Aberdeen - Centre for Property Research and University of Aberdeen - Centre for Property Research

Downloads 37 (417,065)

Citation 6

Abstract:

31.

Pricing Upward-Only Adjusting Leases

Downloads 36 (421,038)

2

Pricing Upward-Only Adjusting Leases

NBER Working Paper No. w7622

Number of pages: 26 Posted: 18 May 2000 Last Revised: 02 Mar 2002

Brent W. Ambrose, Patric H. Hendershott and Malgorzata M. Klosek

Pennsylvania State University, University of Aberdeen - Centre for Property Research and National Institutes of Health (NIH)

Downloads 36 (430,756)

Citation 6

Abstract:

Pricing Upward-Only Adjusting Leases

Journal of Real Estate Finance & Economics, Vol. 25, No. 1

Posted: 17 May 2002

Brent W. Ambrose, Patric H. Hendershott and Malgorzata M. Klosek

Pennsylvania State University, University of Aberdeen - Centre for Property Research and National Institutes of Health (NIH)

Abstract:

32.

Office Market Values During the Past Decade: How Distorted Have Appraisals Been?

NBER Working Paper No. w4128

Number of pages: 20 Posted: 19 Jun 2004 Last Revised: 11 Apr 2008

Patric H. Hendershott and Edward J. Kane

University of Aberdeen - Centre for Property Research and Boston College - Department of Finance

Downloads 34 (428,995)

Citation 12

Abstract:

33.

Mortgage Pricing: What Have We Learned so Far?

NBER Working Paper No. w1959

Number of pages: 20 Posted: 19 Jun 2004 Last Revised: 28 Mar 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 34 (428,995)

Citation 2

Abstract:

34.

Endogenous Mortgage Choice, Borrowing Constraints and the Tenure Decision

NBER Working Paper No. w5074

Number of pages: 36 Posted: 18 Aug 2000 Last Revised: 05 Apr 2008

William C. LaFayette, Donald R. Haurin and Patric H. Hendershott

Ohio State University (OSU), Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research

Downloads 34 (428,995)

Citation 3

Abstract:

35.

Pricing Adjustable Rate Mortgages

NBER Working Paper No. w1548

Number of pages: 34 Posted: 25 Jun 2004 Last Revised: 26 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 33 (433,028)

Abstract:

36.

Are Real House Prices Likely to Decline by 47 Percent?

NBER Working Paper No. w3880

Number of pages: 20 Posted: 28 Dec 2006 Last Revised: 12 Aug 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 32 (437,269)

Citation 7

Abstract:

37.

Household Saving: an Econometric Investigation

NBER Working Paper No. w1383

Number of pages: 51 Posted: 26 Dec 2000

Patric H. Hendershott and Joe Peek

University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston

Downloads 32 (437,269)

Citation 1

Abstract:

38.

Revenue and Welfare Implications for a Capital Gains Tax Cut

NBER Working Paper No. w3386

Number of pages: 48 Posted: 28 Jun 2004

Patric H. Hendershott, Eric J. Toder and Yun Hi Won

University of Aberdeen - Centre for Property Research, Urban Institute and Ohio State University (OSU)

Downloads 31 (441,599)

Abstract:

39.

Household Leverage and the Deductibility of Home Mortgage Interest: Evidence from UK House Purchasers

NBER Working Paper No. w9207

Number of pages: 45 Posted: 20 Sep 2002 Last Revised: 29 Oct 2010

Patric H. Hendershott, Gwilym B.J. Pryce and Michael White

University of Aberdeen - Centre for Property Research, University of Glasgow and University of Aberdeen - Centre for Property Research

Downloads 31 (441,599)

Citation 5

Abstract:

40.

Valuing and Pricing Retail Leases with Renewal and Overage Options

Downloads 31 (441,599)

Citation 3

2

Valuing and Pricing Retail Leases with Renewal and Overage Options

NBER Working Paper No. w9214

Number of pages: 28 Posted: 20 Sep 2002 Last Revised: 29 Oct 2010

Patric H. Hendershott and Charles W.R. Ward

University of Aberdeen - Centre for Property Research and University of Reading

Downloads 31 (453,016)

Citation 3

Abstract:

Valuing and Pricing Retail Leases with Renewal and Overage Options

Journal of Real Estate Finance & Economics, Vol. 26, No. 2

Posted: 14 Aug 2002

Patric H. Hendershott and Charles W.R. Ward

University of Aberdeen - Centre for Property Research and University of Reading

Abstract:

41.

The Sensitivity of Homeowner Leverage to the Deductibility of Home Mortgage Interest

NBER Working Paper No. w11489

Number of pages: 37 Posted: 23 Aug 2005 Last Revised: 04 Jan 2006

Patric H. Hendershott and Gwilym B.J. Pryce

University of Aberdeen - Centre for Property Research and University of Glasgow

Downloads 30 (446,254)

Citation 5

Abstract:

42.

The Pricing of Default-Free Mortgages

NBER Working Paper No. w1408

Number of pages: 36 Posted: 19 Mar 2001

Stephen A. Buser and Patric H. Hendershott

Ohio State University (OSU) - Department of Finance and University of Aberdeen - Centre for Property Research

Downloads 30 (446,254)

Citation 5

Abstract:

43.

Understanding the Real Estate Provisions of Tax Reform: Motivation and Impact

NBER Working Paper No. w2289

Number of pages: 25 Posted: 19 Jul 2004 Last Revised: 17 Sep 2008

James R. Follain, Patric H. Hendershott and David C. Ling

Federal Home Loan Mortgage Corporation (FHLMC), University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 29 (450,843)

Citation 3

Abstract:

44.

Government Policies and the Allocation of Capital between Residential and Industrial Uses

Downloads 29 (450,843)

2

Government Policies and the Allocation of Capital between Residential and Industrial Uses

NBER Working Paper No. w1036

Number of pages: 21 Posted: 03 May 2004

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 16 (539,696)

Abstract:

Government Policies and the Allocation of Capital between Residential and Industrial Uses

NBER Working Paper No. w1036

Number of pages: 21 Posted: 22 Feb 2007 Last Revised: 23 Feb 2007

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 13 (558,499)

Abstract:

45.

Debt Usage and Mortgage Choice: Sensitivity to Default Insurance Costs

NBER Working Paper No. w5069

Number of pages: 47 Posted: 07 Aug 2000 Last Revised: 05 Apr 2008

Patric H. Hendershott and William C. LaFayette

University of Aberdeen - Centre for Property Research and Ohio State University (OSU)

Downloads 29 (450,843)

Abstract:

46.

Tax Reform and Financial Markets

NBER Working Paper No. w1707

Number of pages: 44 Posted: 05 Jul 2004 Last Revised: 06 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 28 (455,691)

Citation 1

Abstract:

47.

Adjustment in Property Space Markets: Estimates from the Stockholm Office Market

NBER Working Paper No. w11345

Number of pages: 37 Posted: 17 Jul 2006 Last Revised: 03 Jul 2010

Peter Englund, Ake Gunnelin, Patric H. Hendershott and Bo Soederberg

Swedish House of Finance, Royal Institute of Technology (KTH) - Department of Real Estate and Construction Management, University of Aberdeen - Centre for Property Research and University of Gävle - Department of Business Administration

Downloads 27 (460,595)

Abstract:

48.

The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields

NBER Working Paper No. w2646

Number of pages: 25 Posted: 16 Jul 2004 Last Revised: 28 Sep 2010

Patric H. Hendershott and James D. Shilling

University of Aberdeen - Centre for Property Research and DePaul University

Downloads 27 (460,595)

Citation 24

Abstract:

49.

Local House Price Indexes: 1982-1991

NBER Working Paper No. w3933

Number of pages: 33 Posted: 09 Jun 2004

Donald R. Haurin, Patric H. Hendershott and Dongwook Kim

Ohio State University (OSU) - Economics, University of Aberdeen - Centre for Property Research and University of Rochester - Wallis Institute of Political Economy

Downloads 27 (460,595)

Citation 4

Abstract:

50.

Integration of Mortgage and Capital Markets and the Accumulation of Residential Capital

NBER Working Paper No. w2847

Number of pages: 38 Posted: 28 May 2004 Last Revised: 20 Aug 2008

Patric H. Hendershott and Robert Van Order

University of Aberdeen - Centre for Property Research and Federal Home Loan Mortgage Corporation (FHLMC) - Housing Economics and Financial Research

Downloads 27 (460,595)

Citation 10

Abstract:

51.

Homeownership Rates of Married Couples: an Econometric Investigation

NBER Working Paper No. w2305

Number of pages: 37 Posted: 26 May 2004

Donald R. Haurin, Patric H. Hendershott and David C. Ling

Ohio State University (OSU) - Economics, University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 27 (460,595)

Citation 3

Abstract:

52.

On the Determinants of the Value of Call Options on Default-Free Bonds

NBER Working Paper No. w2529

Number of pages: 29 Posted: 19 Jun 2004 Last Revised: 30 Aug 2008

Stephen A. Buser, Patric H. Hendershott and Anthony B. Sanders

Ohio State University (OSU) - Department of Finance, University of Aberdeen - Centre for Property Research and George Mason University - School of Business

Downloads 26 (465,612)

Citation 3

Abstract:

53.

Selling Price and Selling Time: The Impact of Seller Motivation

NBER Working Paper No. w5071

Number of pages: 31 Posted: 20 Sep 2000 Last Revised: 05 Apr 2008

Michel Glower, Donald R. Haurin and Patric H. Hendershott

Independent, Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research

Downloads 25 (470,871)

Citation 36

Abstract:

54.

Tax Reform and Housing

NBER Working Paper No. w1524

Number of pages: 23 Posted: 05 Jul 2004 Last Revised: 04 Sep 2010

Patric H. Hendershott and David C. Ling

University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 24 (476,179)

Abstract:

55.

Home Ownership and Real House Prices: Sources of Change, 1965-85

NBER Working Paper No. w2245

Number of pages: 34 Posted: 15 Jan 2007 Last Revised: 22 Aug 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 23 (481,483)

Citation 5

Abstract:

56.

The Allocation of Capital between Residential and Nonresidential Uses: Taxes, Inflation and Capital Market Constraints

NBER Working Paper No. w0718

Number of pages: 43 Posted: 18 Aug 2004 Last Revised: 13 Sep 2008

Patric H. Hendershott and Sheng-Cheng Hu

University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics

Downloads 23 (481,483)

Citation 4

Abstract:

57.

Relative Factor Price Changes and Equity Prices

NBER Working Paper No. w1449

Number of pages: 25 Posted: 28 Jun 2004 Last Revised: 09 Oct 2008

Peter J. Elmer and Patric H. Hendershott

Government of the United States of America - Division of Research and Statistics and University of Aberdeen - Centre for Property Research

Downloads 23 (481,483)

Abstract:

58.

Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages

NBER Working Paper No. w1525

Number of pages: 23 Posted: 25 Jun 2004 Last Revised: 04 Sep 2010

Stephen A. Buser, Patric H. Hendershott and Anthony B. Sanders

Ohio State University (OSU) - Department of Finance, University of Aberdeen - Centre for Property Research and George Mason University - School of Business

Downloads 23 (481,483)

Citation 6

Abstract:

59.

The Long-Run Impact on Federal Tax Revenues and Capital Allocation of a Cut in the Capital Gains Tax Rate

NBER Working Paper No. w2962

Number of pages: 34 Posted: 23 Aug 2000 Last Revised: 09 Aug 2010

Patric H. Hendershott and Yun Hi Won

University of Aberdeen - Centre for Property Research and Ohio State University (OSU)

Downloads 23 (481,483)

Citation 1

Abstract:

60.

Interest Rates in the Reagan Years

NBER Working Paper No. w3037

Number of pages: 35 Posted: 14 Apr 2007

Patric H. Hendershott and Joe Peek

University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston

Downloads 22 (487,050)

Abstract:

61.

An Altered U.S. Housing Finance System: Implications for Housing

NBER Working Paper No. w3770

Number of pages: 42 Posted: 28 Dec 2006 Last Revised: 17 May 2015

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 22 (487,050)

Citation 2

Abstract:

62.

Inflation, Resource Utilization, and Debt and Equity Returns

NBER Working Paper No. w0699

Number of pages: 27 Posted: 18 Aug 2004 Last Revised: 13 Sep 2008

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 22 (487,050)

Citation 1

Abstract:

63.

Affordability and the Value of Seller Financing

NBER Working Paper No. w1695

Number of pages: 29 Posted: 15 Mar 2004 Last Revised: 22 Aug 2010

Donald R. Haurin and Patric H. Hendershott

Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research

Downloads 22 (487,050)

Abstract:

64.

The Tax Reform Act of 1986 and Economic Growth

NBER Working Paper No. w2553

Number of pages: 35 Posted: 16 Jul 2004 Last Revised: 25 Jun 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 21 (492,621)

Abstract:

65.

The Administration Tax Reform Proposal and Housing

NBER Working Paper No. w1740

Number of pages: 35 Posted: 05 Jul 2004

Patric H. Hendershott and David C. Ling

University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 21 (492,621)

Abstract:

66.

The Economics of Mortgage Terminations: Implications for Mortgage Lenders and Mortgage Terms

NBER Working Paper No. w0918

Number of pages: 29 Posted: 19 Mar 2001 Last Revised: 07 Jul 2010

Patric H. Hendershott, Sheng-Cheng Hu and Kevin E. Villani

University of Aberdeen - Centre for Property Research, Academia Sinica - Institute of Economics and Imperial Credit Industries, Inc.

Downloads 21 (492,621)

Citation 1

Abstract:

67.

Another Look at the Capitalization of Interest Subsidies: Evidence from Sweden

NBER Working Paper No. w6365

Number of pages: 26 Posted: 14 Jul 2000 Last Revised: 04 Apr 2008

Tommy Berger, Peter Englund, Patric H. Hendershott and Bengt Turner

Uppsala University - Institute for Housing and Urban Research, Swedish House of Finance, University of Aberdeen - Centre for Property Research and Uppsala University - Institute for Housing and Urban Research

Downloads 21 (492,621)

Citation 1

Abstract:

68.

Tax Policy and Stock Prices

NBER Working Paper No. w2094

Number of pages: 21 Posted: 25 Jul 2007 Last Revised: 23 Sep 2010

Thomas Downs and Patric H. Hendershott

Boston College - Carroll School of Management and University of Aberdeen - Centre for Property Research

Downloads 20 (498,139)

Citation 3

Abstract:

69.

Introducing Risky Housing and Endogenous Tenure Choice into Portfolio- Based General Equilibrium Models

NBER Working Paper No. w3114

Number of pages: 35 Posted: 18 Apr 2007 Last Revised: 13 Jul 2010

Patric H. Hendershott and Yunhi Won

University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN

Downloads 20 (498,139)

Citation 5

Abstract:

70.

Prospective Changes in Tax Law and the Value of Depreciable Real Estate

NBER Working Paper No. w1352

Number of pages: 33 Posted: 08 Mar 2007 Last Revised: 13 Sep 2010

Patric H. Hendershott and David C. Ling

University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 20 (498,139)

Citation 2

Abstract:

71.

Trading and the Tax Shelter Value of Depreciable Real Estate

NBER Working Paper No. w1267

Number of pages: 28 Posted: 05 Jul 2004 Last Revised: 14 Oct 2008

Patric H. Hendershott and David C. Ling

University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration

Downloads 20 (498,139)

Citation 5

Abstract:

72.

Debt and Equity Yields: 1926-80

NBER Working Paper No. w1142

Number of pages: 75 Posted: 11 Apr 2004 Last Revised: 17 Aug 2010

Patric H. Hendershott and Roger D. Huang

University of Aberdeen - Centre for Property Research and University of Notre Dame

Downloads 20 (498,139)

Citation 2

Abstract:

73.

The Market for Home Mortgage Credit: Recent Changes and Future Prospects

NBER Working Paper No. w3548

Number of pages: 38 Posted: 07 Jan 2008 Last Revised: 13 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 19 (503,659)

Citation 4

Abstract:

74.

The Changing Fortunes of Fha's Mutual Mortgage Insurance Fund and the Legislative Response

NBER Working Paper No. w3592

Number of pages: 28 Posted: 14 Nov 2007

Patric H. Hendershott and James A Waddell

University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN

Downloads 19 (503,659)

Citation 4

Abstract:

75.

Housing Finance in the United States in the Year 2001

NBER Working Paper No. w0739

Number of pages: 32 Posted: 18 Aug 2004 Last Revised: 17 May 2015

Patric H. Hendershott and Kevin E. Villani

University of Aberdeen - Centre for Property Research and Imperial Credit Industries, Inc.

Downloads 19 (503,659)

Citation 1

Abstract:

76.

Tax Changes and Capital Allocation in the 1980s

NBER Working Paper No. w1911

Number of pages: 48 Posted: 05 Jul 2004 Last Revised: 23 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 19 (503,659)

Citation 8

Abstract:

77.

Debt and Equity Returns Revisited

NBER Working Paper No. w1521

Number of pages: 30 Posted: 29 Dec 2000 Last Revised: 30 Aug 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 19 (503,659)

Citation 2

Abstract:

78.

Rental Adjustment & Valuation of Real Estate in Overbuilt Markets: Fundamental vs. Reported Office Market Values in Sydney Australia

NBER Working Paper No. w4775

Number of pages: 30 Posted: 27 Jul 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 18 (509,182)

Citation 2

Abstract:

79.

Treasury Bill Rates in the 1970s and 1980s

NBER Working Paper No. w3036

Number of pages: 39 Posted: 14 Apr 2007

Patric H. Hendershott and Joe Peek

University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston

Downloads 18 (509,182)

Citation 2

Abstract:

80.

Tax Reform and the Slope of the Playing Field

NBER Working Paper No. w1909

Number of pages: 20 Posted: 05 Jul 2004 Last Revised: 21 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 18 (509,182)

Abstract:

81.

The Terminations Premium in Mortgage Coupon Rates: Evidence on the Integration of Mortgage and Bond Markets

NBER Working Paper No. w0738

Number of pages: 29 Posted: 18 Aug 2004 Last Revised: 10 Jul 2010

Patric H. Hendershott and Kevin E. Villani

University of Aberdeen - Centre for Property Research and Imperial Credit Industries, Inc.

Downloads 17 (514,703)

Citation 1

Abstract:

82.

Private Saving in the United States: 1950-85

NBER Working Paper No. w2294

Number of pages: 51 Posted: 25 Jun 2004 Last Revised: 09 Oct 2009

Patric H. Hendershott and Joe Peek

University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston

Downloads 17 (514,703)

Citation 2

Abstract:

83.

Inflation and the Benefits from Owner-Occupied Housing

NBER Working Paper No. w0383

Number of pages: 34 Posted: 28 May 2004 Last Revised: 21 Jul 2010

Patric H. Hendershott and Sheng-Cheng Hu

University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics

Downloads 17 (514,703)

Citation 3

Abstract:

84.

Expectations, Surprises and Treasury Bill Rates: 1960-82

NBER Working Paper No. w1268

Number of pages: 25 Posted: 23 Apr 2004 Last Revised: 14 Oct 2008

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 17 (514,703)

Abstract:

85.

Savings and Loan Usage of the Authority to Invest in Corporate Debt

NBER Working Paper No. w0725

Number of pages: 36 Posted: 10 Nov 2002 Last Revised: 27 Jun 2010

Patric H. Hendershott and Kevin E. Villani

University of Aberdeen - Centre for Property Research and Imperial Credit Industries, Inc.

Downloads 17 (514,703)

Citation 2

Abstract:

86.

Independent Living and Homeownership: An Analysis of Australian Youth

NBER Working Paper No. w4450

Number of pages: 41 Posted: 11 Jun 2007 Last Revised: 31 Aug 2010

Steven C. Bourassa, R. Jean Haurin, Donald R. Haurin and Patric H. Hendershott

Florida Atlantic University, affiliation not provided to SSRN, Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research

Downloads 16 (520,127)

Citation 4

Abstract:

87.

Household Formations

NBER Working Paper No. w1390

Number of pages: 31 Posted: 26 May 2004

Patric H. Hendershott and Marc Smith

University of Aberdeen - Centre for Property Research and Independent

Downloads 16 (520,127)

Citation 1

Abstract:

88.

The Impacts on Capital Allocation of Some Aspects of the Economic Recovery Tax Act of 1981

NBER Working Paper No. w0825

Number of pages: 47 Posted: 07 Jan 2008

Patric H. Hendershott and James D. Shilling

University of Aberdeen - Centre for Property Research and DePaul University

Downloads 15 (525,728)

Citation 5

Abstract:

89.

Accelerating Inflation, Nonassumable Fixed-Rate Mortgages, and Consumer Choice and Welfare

NBER Working Paper No. w0755

Number of pages: 36 Posted: 19 Aug 2004 Last Revised: 27 Jul 2010

Patric H. Hendershott and Sheng-Cheng Hu

University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics

Downloads 15 (525,728)

Citation 2

Abstract:

90.

Reforming Conforming Loan Limits: the Impact on Thrift Earnings and Taxpayer Outlays

NBER Working Paper No. w3010

Number of pages: 29 Posted: 14 Apr 2007

Patric H. Hendershott and James D. Shilling

University of Aberdeen - Centre for Property Research and DePaul University

Downloads 14 (531,332)

Abstract:

91.

Household Formation and Home Ownership: the Impacts of Demographics Andtaxes

NBER Working Paper No. w2375

Number of pages: 40 Posted: 06 Apr 2007 Last Revised: 30 Jun 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 14 (531,332)

Abstract:

92.

The Decline in Aggregate Share Values: Inflation, Taxation, Risk and Profitability

NBER Working Paper No. w0370

Number of pages: 28 Posted: 06 Jul 2004 Last Revised: 08 Jul 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 14 (531,332)

Citation 5

Abstract:

93.

Tax Reform, Interest Rates and Capital Allocation

NBER Working Paper No. w1708

Number of pages: 45 Posted: 05 Jul 2004 Last Revised: 06 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 14 (531,332)

Citation 3

Abstract:

94.

Mortgage Revenue Bonds: Tax Exemption with a Vengeance

NBER Working Paper No. w0447

Number of pages: 32 Posted: 19 Jun 2004 Last Revised: 23 Sep 2010

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Downloads 14 (531,332)

Abstract:

95.

Real Rents and Household Formation: the Effect of the 1986 Tax Reform Act

NBER Working Paper No. w3309

Number of pages: 29 Posted: 11 Jul 2007 Last Revised: 19 Jul 2010

Donald R. Haurin, Patric H. Hendershott and Dongwook Kim

Ohio State University (OSU) - Economics, University of Aberdeen - Centre for Property Research and University of Rochester - Wallis Institute of Political Economy

Downloads 13 (536,915)

Abstract:

96.

Tenure Choice of American Youth

NBER Working Paper No. w3310

Number of pages: 33 Posted: 04 Jul 2004 Last Revised: 20 Jul 2010

Donald R. Haurin, Patric H. Hendershott and Dongwook Kim

Ohio State University (OSU) - Economics, University of Aberdeen - Centre for Property Research and University of Rochester - Wallis Institute of Political Economy

Downloads 13 (536,915)

Citation 5

Abstract:

97.

Equity and Nonequity Determinants of FHA Single-Family Mortgage Foreclosures in the 1980s

NBER Working Paper No. w4440

Number of pages: 31 Posted: 14 Aug 2007 Last Revised: 24 Aug 2010

Patric H. Hendershott and William Schultz

University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN

Downloads 7 (570,522)

Citation 4

Abstract:

98.

The Continued Interest Rate Vulnerability of Thrifts

NBER Working Paper No. w3415

Number of pages: 38 Posted: 05 Oct 2009 Last Revised: 30 Oct 2009

Patric H. Hendershott and James D. Shilling

University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN

Downloads 4 (588,027)

Citation 1

Abstract:

99.

Explaining Real Commercial Rents Using an Error Correction Model with Panel Data

Journal of Real Estate Finance & Economics, Vol. 24, No. 1 & 2

Posted: 15 May 2002

Patric H. Hendershott, Bryan MacGregor and Michael White

University of Aberdeen - Centre for Property Research, University of Aberdeen - Centre for Property Research and University of Aberdeen - Centre for Property Research

Abstract:

100.

U.S. Office Market Values During the Past Decade: How Distorted Have Appraisals Been?

REAL ESTATE ECONOMICS, Summer 1995

Posted: 03 May 2000

Patric H. Hendershott and Edward J. Kane

University of Aberdeen - Centre for Property Research and Boston College - Department of Finance

Abstract:

101.

Property Asset Bubbles: Evidence from the Sydney Office Market

The Journal of Real Estate Finance and Economics, Vol. 20, No. 1

Posted: 18 Nov 1999

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Abstract:

102.

Taxes, House Prices and Housing Consumption

95-9, The Charles A. Dice Center for Research in Financial Economics Working Papers Series

Posted: 07 Jul 1998

Dennis R. Capozza, Richard K. Green and Patric H. Hendershott

Ross School of Business, University of Michigan, University of Southern California - Lusk Center for Real Estate and University of Aberdeen - Centre for Property Research

Abstract:

103.

The Workings of the London Office Market

Downloads 0 (632,066)

2

The Workings of the London Office Market

THE CHARLES A. DICE CENTER FOR RESEARCH IN FINANCIAL ECONOMICS

Posted: 09 Feb 1998

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Abstract:

The Workings of the London Office Market

Real Estate Economics, Volume 27, Number 2, Summer 1999, Cass Business School Research Paper

Posted: 26 Aug 1999

Patric H. Hendershott, Colin Lizieri and George Matysiak

University of Aberdeen - Centre for Property Research, University of Cambridge - Department of Land Economy and City University London - Faculty of Finance

Abstract:

104.

Taxes and House Prices

The Charles A. Dice Center Working Paper Series 97-16

Posted: 23 Dec 1997

Dennis R. Capozza, Richard K. Green and Patric H. Hendershott

Ross School of Business, University of Michigan, University of Southern California - Lusk Center for Real Estate and University of Aberdeen - Centre for Property Research

Patric H. Hendershott

University of Aberdeen - Centre for Property Research

National Bureau of Economic Research (NBER)

104

Top 6,472

6,448

Top 800

653

Scholarly Papers (104)

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract:

Abstract: