Patric H. Hendershott

University of Aberdeen - Centre for Property Research

Aberdeen AB24 2UF

Scotland

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

103

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171

CROSSREF CITATIONS

548

Scholarly Papers (103)

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 1,399 (26,518)
Citation 2

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2.

Determinants of Real House Price Dynamics

NBER Working Paper No. w9262
Number of pages: 35 Posted: 11 Oct 2002 Last Revised: 24 Apr 2022
Ross School of Business, University of Michigan, University of Aberdeen - Centre for Property Research, University of Michigan at Ann Arbor and Columbia University - Columbia Business School, Finance
Downloads 462 (116,945)
Citation 3

Abstract:

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3.

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 453 (119,652)
Citation 36

Abstract:

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dynamics, mean reversion, serial correlation, housing

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 370 (150,877)
Citation 3

Abstract:

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5.

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 363 (154,102)
Citation 2

Abstract:

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Real Estate Appraisal, DCF, Discount Rates, Capitalization Rates

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 362 (153,372)
Citation 16

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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:

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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 2022
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 301 (188,237)
Citation 2

Abstract:

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8.

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 Dec 2022
Jesse M. Abraham and Patric H. Hendershott
National Bureau of Economic Research (NBER) and University of Aberdeen - Centre for Property Research
Downloads 280 (202,947)

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9.
Downloads 206 (273,251)
Citation 97

Bubbles in Metropolitan Housing Markets

NBER Working Paper No. w4774
Number of pages: 27 Posted: 05 Sep 2001 Last Revised: 20 Jul 2022
Jesse M. Abraham and Patric H. Hendershott
National Bureau of Economic Research (NBER) and University of Aberdeen - Centre for Property Research
Downloads 206 (272,439)
Citation 10

Abstract:

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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:

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10.

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 202 (278,155)

Abstract:

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11.

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 185 (301,024)
Citation 1

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NCREIF, multiple listing service, cash flow, capitalization rate, NOI

12.

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 179 (310,020)

Abstract:

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13.

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 162 (338,030)
Citation 1

Abstract:

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14.

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 154 (352,785)
Citation 2

Abstract:

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15.

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 145 (370,473)

Abstract:

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fund flow, commercial mortgage

16.

Pricing Mortgages: an Interpretation of the Models and Results

NBER Working Paper No. w2290
Number of pages: 65 Posted: 19 Jul 2004 Last Revised: 06 Oct 2022
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 119 (431,274)
Citation 4

Abstract:

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17.

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
Oberlin College, University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration
Downloads 112 (451,284)

Abstract:

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18.

Borrowing Constraints and the Tenure Choice of Young Households

NBER Working Paper No. w5630
Number of pages: 30 Posted: 13 Apr 1998 Last Revised: 22 May 2022
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 91 (519,920)
Citation 12

Abstract:

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19.

Pricing FHA Mortgage Default Insurance

NBER Working Paper No. w1382
Number of pages: 33 Posted: 25 Jun 2004 Last Revised: 13 Oct 2022
Donald F. Cunningham and Patric H. Hendershott
Baylor University - Department of Finance, Insurance & Real Estate and University of Aberdeen - Centre for Property Research
Downloads 89 (527,249)
Citation 1

Abstract:

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20.

Homeownership and Unemployment: The Roles of Leverage and Public Housing

NBER Working Paper No. w10021
Number of pages: 50 Posted: 16 Oct 2003 Last Revised: 20 Nov 2022
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 Royal Melbourne Institute of Technolog (RMIT University) - School of Economics, Finance and Marketing
Downloads 82 (554,268)
Citation 1

Abstract:

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21.

Demographic Factors and Real House Prices

NBER Working Paper No. w4332
Number of pages: 21 Posted: 11 Apr 2004 Last Revised: 04 Nov 2022
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 81 (558,366)

Abstract:

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22.

Estimating the Rental Adjustment Process

NBER Working Paper No. w7912
Number of pages: 19 Posted: 29 Sep 2000 Last Revised: 15 Aug 2022
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 79 (566,617)
Citation 1

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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: 10 Nov 2022
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 78 (577,944)

Abstract:

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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:

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24.

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: 20 Mar 2023
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 74 (588,180)

Abstract:

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25.

The Economics of Tenure Choice: 1955-79

NBER Working Paper No. w0543
Number of pages: 39 Posted: 07 Jul 2004 Last Revised: 28 Dec 2022
Patric H. Hendershott and James D. Shilling
University of Aberdeen - Centre for Property Research and DePaul University
Downloads 73 (592,591)
Citation 2

Abstract:

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26.

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: 16 Jan 2022
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 70 (606,354)
Citation 6

Abstract:

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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: 20 Nov 2022
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 67 (620,396)
Citation 1

Abstract:

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28.

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: 01 Sep 2022
Patric H. Hendershott and Michael White
University of Aberdeen - Centre for Property Research and University of Aberdeen - Centre for Property Research
Downloads 65 (630,278)

Abstract:

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29.

Investor Rationality: Evidence from UK Property Capitalization Rates

NBER Working Paper No. w9894
Number of pages: 39 Posted: 25 Aug 2003 Last Revised: 16 Jul 2022
Patric H. Hendershott and Bryan MacGregor
University of Aberdeen - Centre for Property Research and University of Aberdeen - Centre for Property Research
Downloads 63 (640,429)
Citation 3

Abstract:

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30.

Real Estate and the Tax Reform Act of 1986

NBER Working Paper No. w2098
Number of pages: 42 Posted: 28 Jun 2004 Last Revised: 26 Sep 2022
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 61 (650,890)
Citation 1

Abstract:

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31.

Household Saving: an Econometric Investigation

NBER Working Paper No. w1383
Number of pages: 51 Posted: 26 Dec 2000 Last Revised: 14 Oct 2022
Patric H. Hendershott and Joe Peek
University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 61 (650,890)

Abstract:

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32.

Endogenous Mortgage Choice, Borrowing Constraints and the Tenure Decision

NBER Working Paper No. w5074
Number of pages: 36 Posted: 18 Aug 2000 Last Revised: 15 May 2022
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 60 (656,252)

Abstract:

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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: 05 Sep 2022
Patric H. Hendershott and Charles W.R. Ward
University of Aberdeen - Centre for Property Research and University of Reading
Downloads 57 (685,720)

Abstract:

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Valuing and Pricing Retail Leases with Renewal and Overage Options

Posted: 14 Aug 2002
Patric H. Hendershott and Charles W.R. Ward
University of Aberdeen - Centre for Property Research and University of Reading

Abstract:

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retail leases, valuation, risk neutral discounting, risk discount rates

34.

The Pricing of Default-Free Mortgages

NBER Working Paper No. w1408
Number of pages: 36 Posted: 19 Mar 2001 Last Revised: 07 Nov 2022
Stephen A. Buser and Patric H. Hendershott
Ohio State University (OSU) - Department of Finance and University of Aberdeen - Centre for Property Research
Downloads 55 (683,755)

Abstract:

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35.

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: 14 Oct 2022
Patric H. Hendershott and Edward J. Kane
University of Aberdeen - Centre for Property Research and Boston College - Department of Finance
Downloads 54 (689,536)

Abstract:

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36.

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 Aug 2022
Patric H. Hendershott, Gwilym B.J. Pryce and Michael White
University of Aberdeen - Centre for Property Research, University of Sheffield and University of Aberdeen - Centre for Property Research
Downloads 54 (689,536)

Abstract:

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37.

Revenue and Welfare Implications for a Capital Gains Tax Cut

NBER Working Paper No. w3386
Number of pages: 48 Posted: 28 Jun 2004 Last Revised: 20 Apr 2022
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 51 (707,584)

Abstract:

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38.

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: 09 Nov 2022
Patric H. Hendershott and William C. LaFayette
University of Aberdeen - Centre for Property Research and Ohio State University (OSU)
Downloads 51 (707,584)

Abstract:

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39.

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: 13 Feb 2023
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 50 (713,782)

Abstract:

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40.
Downloads 50 (713,782)

Pricing Upward-Only Adjusting Leases

NBER Working Paper No. w7622
Number of pages: 26 Posted: 18 May 2000 Last Revised: 01 May 2022
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 50 (729,717)
Citation 2

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Pricing Upward-Only Adjusting Leases

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:

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leases, real options, effective rents

41.

Pricing Adjustable Rate Mortgages

NBER Working Paper No. w1548
Number of pages: 34 Posted: 25 Jun 2004 Last Revised: 27 Mar 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 49 (720,084)

Abstract:

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42.

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: 01 Dec 2022
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 49 (720,084)

Abstract:

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43.

Homeownership Rates of Married Couples: an Econometric Investigation

NBER Working Paper No. w2305
Number of pages: 37 Posted: 26 May 2004 Last Revised: 26 Oct 2022
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 48 (726,370)

Abstract:

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44.

Tax Reform and Housing

NBER Working Paper No. w1524
Number of pages: 23 Posted: 05 Jul 2004 Last Revised: 02 Sep 2022
Patric H. Hendershott and David C. Ling
University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration
Downloads 47 (732,774)

Abstract:

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45.

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: 24 Nov 2022
Patric H. Hendershott and Gwilym B.J. Pryce
University of Aberdeen - Centre for Property Research and University of Sheffield
Downloads 46 (739,262)
Citation 1

Abstract:

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46.

Mortgage Pricing: What Have We Learned so Far?

NBER Working Paper No. w1959
Number of pages: 20 Posted: 19 Jun 2004 Last Revised: 10 Nov 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 46 (739,262)

Abstract:

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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 Last Revised: 02 Nov 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 26 (923,418)

Abstract:

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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 20 (984,803)

Abstract:

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48.

Tax Policy and Stock Prices

NBER Working Paper No. w2094
Number of pages: 21 Posted: 25 Jul 2007 Last Revised: 13 Feb 2023
Thomas Downs and Patric H. Hendershott
Boston College - Carroll School of Management and University of Aberdeen - Centre for Property Research
Downloads 44 (752,726)
Citation 6

Abstract:

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49.

Interest Rates in the Reagan Years

NBER Working Paper No. w3037
Number of pages: 35 Posted: 14 Apr 2007 Last Revised: 26 Oct 2022
Patric H. Hendershott and Joe Peek
University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 44 (752,726)

Abstract:

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50.

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: 11 Nov 2022
Michel Glower, Donald R. Haurin and Patric H. Hendershott
Independent, Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research
Downloads 44 (752,726)
Citation 1

Abstract:

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51.

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: 10 Aug 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 43 (759,643)

Abstract:

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52.

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 2022
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 43 (759,643)

Abstract:

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53.

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: 27 Mar 2022
Patric H. Hendershott and James D. Shilling
University of Aberdeen - Centre for Property Research and DePaul University
Downloads 43 (759,643)
Citation 5

Abstract:

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54.

The Administration Tax Reform Proposal and Housing

NBER Working Paper No. w1740
Number of pages: 35 Posted: 05 Jul 2004 Last Revised: 05 Oct 2022
Patric H. Hendershott and David C. Ling
University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration
Downloads 42 (766,669)

Abstract:

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55.

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: 14 Oct 2022
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 42 (766,669)
Citation 1

Abstract:

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56.

Affordability and the Value of Seller Financing

NBER Working Paper No. w1695
Number of pages: 29 Posted: 15 Mar 2004 Last Revised: 21 Aug 2022
Donald R. Haurin and Patric H. Hendershott
Ohio State University (OSU) - Economics and University of Aberdeen - Centre for Property Research
Downloads 42 (766,669)

Abstract:

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57.

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 Last Revised: 05 Oct 2022
Patric H. Hendershott and James D. Shilling
University of Aberdeen - Centre for Property Research and DePaul University
Downloads 41 (773,946)

Abstract:

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58.

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: 12 Sep 2022
Patric H. Hendershott and David C. Ling
University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration
Downloads 41 (773,946)

Abstract:

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59.

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: 19 Dec 2022
Patric H. Hendershott and Sheng-Cheng Hu
University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics
Downloads 41 (773,946)
Citation 1

Abstract:

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60.

Relative Factor Price Changes and Equity Prices

NBER Working Paper No. w1449
Number of pages: 25 Posted: 28 Jun 2004 Last Revised: 19 Jun 2022
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 41 (773,946)

Abstract:

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61.

Local House Price Indexes: 1982-1991

NBER Working Paper No. w3933
Number of pages: 33 Posted: 09 Jun 2004 Last Revised: 02 Oct 2022
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 41 (773,946)

Abstract:

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62.

Debt and Equity Yields: 1926-80

NBER Working Paper No. w1142
Number of pages: 75 Posted: 11 Apr 2004 Last Revised: 17 Aug 2022
Patric H. Hendershott and Roger D. Huang
University of Aberdeen - Centre for Property Research and University of Notre Dame
Downloads 41 (773,946)

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63.

Inflation, Resource Utilization, and Debt and Equity Returns

NBER Working Paper No. w0699
Number of pages: 27 Posted: 18 Aug 2004 Last Revised: 01 Dec 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 40 (781,254)

Abstract:

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64.

Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages

NBER Working Paper No. w1525
Number of pages: 23 Posted: 25 Jun 2004 Last Revised: 03 Sep 2022
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 40 (781,254)

Abstract:

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65.

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 2022
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 39 (788,465)

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66.

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: 13 Feb 2023
Patric H. Hendershott and David C. Ling
University of Aberdeen - Centre for Property Research and University of Florida - Warrington College of Business Administration
Downloads 39 (788,465)

Abstract:

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67.

Tax Reform and Financial Markets

NBER Working Paper No. w1707
Number of pages: 44 Posted: 05 Jul 2004 Last Revised: 02 Sep 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 39 (788,465)

Abstract:

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68.

Treasury Bill Rates in the 1970s and 1980s

NBER Working Paper No. w3036
Number of pages: 39 Posted: 14 Apr 2007 Last Revised: 26 Oct 2022
Patric H. Hendershott and Joe Peek
University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 38 (795,832)

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69.

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: 29 Nov 2022
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 38 (795,832)

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70.

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: 20 Feb 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 37 (803,425)
Citation 2

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71.

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 2022
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 35 (818,911)

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72.

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: 18 Jul 2022
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 34 (827,041)

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73.

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 Last Revised: 24 Sep 2022
Patric H. Hendershott and James D. Shilling
University of Aberdeen - Centre for Property Research and DePaul University
Downloads 34 (827,041)

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74.

Private Saving in the United States: 1950-85

NBER Working Paper No. w2294
Number of pages: 51 Posted: 25 Jun 2004 Last Revised: 10 Apr 2022
Patric H. Hendershott and Joe Peek
University of Aberdeen - Centre for Property Research and Federal Reserve Banks - Federal Reserve Bank of Boston
Downloads 34 (827,041)

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75.

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: 26 Oct 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 33 (835,176)

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76.

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 Dec 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 33 (835,176)

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77.

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 Last Revised: 21 Jul 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 32 (843,371)

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78.

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 Last Revised: 27 Oct 2022
Patric H. Hendershott and James A Waddell
University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN
Downloads 32 (843,371)

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79.

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: 09 Jan 2022
Patric H. Hendershott and Kevin E. Villani
University of Aberdeen - Centre for Property Research and Imperial Credit Industries, Inc.
Downloads 31 (851,635)

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80.

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 2022
Patric H. Hendershott and Sheng-Cheng Hu
University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics
Downloads 31 (851,635)

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81.

Debt and Equity Returns Revisited

NBER Working Paper No. w1521
Number of pages: 30 Posted: 29 Dec 2000 Last Revised: 29 Aug 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 31 (851,635)
Citation 1

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82.

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 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 30 (860,301)

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83.

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: 07 Aug 2022
Patric H. Hendershott and Yun Hi Won
University of Aberdeen - Centre for Property Research and Ohio State University (OSU)
Downloads 30 (860,301)

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84.

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: 07 Jul 2022
Patric H. Hendershott and Yunhi Won
University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN
Downloads 29 (868,912)

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85.

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 2022
Patric H. Hendershott and Kevin E. Villani
University of Aberdeen - Centre for Property Research and Imperial Credit Industries, Inc.
Downloads 29 (868,912)

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86.

Tenure Choice of American Youth

NBER Working Paper No. w3310
Number of pages: 33 Posted: 04 Jul 2004 Last Revised: 20 Jul 2022
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 29 (868,912)

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87.

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: 12 Sep 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 28 (877,631)

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88.

Household Formations

NBER Working Paper No. w1390
Number of pages: 31 Posted: 26 May 2004 Last Revised: 26 Oct 2022
Patric H. Hendershott and Marc Smith
University of Aberdeen - Centre for Property Research and Independent
Downloads 28 (877,631)

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89.

Expectations, Surprises and Treasury Bill Rates: 1960-82

NBER Working Paper No. w1268
Number of pages: 25 Posted: 23 Apr 2004 Last Revised: 21 Dec 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 28 (877,631)
Citation 2

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90.

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 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 27 (886,777)

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91.

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: 26 Dec 2022
Patric H. Hendershott and Kevin E. Villani
University of Aberdeen - Centre for Property Research and Imperial Credit Industries, Inc.
Downloads 27 (886,777)

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92.

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 2022
Patric H. Hendershott and Sheng-Cheng Hu
University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics
Downloads 25 (905,037)

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93.

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: 21 Aug 2022
Patric H. Hendershott and William Schultz
University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN
Downloads 24 (914,475)

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94.

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 Dec 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 24 (914,475)

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95.

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 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 24 (914,475)
Citation 2

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96.

Tax Reform, Interest Rates and Capital Allocation

NBER Working Paper No. w1708
Number of pages: 45 Posted: 05 Jul 2004 Last Revised: 03 Sep 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 24 (914,475)

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97.

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 2022
Patric H. Hendershott
University of Aberdeen - Centre for Property Research
Downloads 24 (914,475)

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98.

The Continued Interest Rate Vulnerability of Thrifts

NBER Working Paper No. w3415
Number of pages: 38 Posted: 05 Oct 2009 Last Revised: 02 Nov 2022
Patric H. Hendershott and James D. Shilling
University of Aberdeen - Centre for Property Research and affiliation not provided to SSRN
Downloads 20 (953,702)

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99.

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

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

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panel estimation, error correction, regional rent models

100.

Property Asset Bubbles: Evidence from the Sydney Office Market

Posted: 18 Nov 1999
Patric H. Hendershott
University of Aberdeen - Centre for Property Research

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101.

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

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102.

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

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103.

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

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