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

DOWNLOADS
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in Total Papers Downloads

9,675

TOTAL CITATIONS
Rank 2,673

SSRN RANKINGS

Top 2,673

in Total Papers Citations

137

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 1,416 (30,133)
Citation 2

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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 477 (130,360)
Citation 36

Abstract:

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dynamics, mean reversion, serial correlation, housing

3.

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 468 (133,500)
Citation 3

Abstract:

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4.

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 390 (164,821)
Citation 2

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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 380 (168,059)
Citation 17

Abstract:

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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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6.

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 373 (173,329)
Citation 3

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 340 (191,858)
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 292 (225,997)

Abstract:

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9.
Downloads 215 (306,816)
Citation 10

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 215 (305,374)
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 212 (310,892)

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 189 (346,038)
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 189 (346,038)

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 170 (380,575)
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 170 (380,575)
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 149 (425,703)

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 142 (442,617)
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 120 (505,836)

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 94 (602,995)
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 93 (607,032)
Citation 1

Abstract:

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20.

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 86 (637,261)

Abstract:

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21.

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 86 (637,261)
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 85 (649,774)
Citation 1

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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23.

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 84 (646,386)
Citation 1

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24.

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 82 (655,523)
Citation 3

Abstract:

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25.

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 79 (669,912)

Abstract:

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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: 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 78 (674,835)

Abstract:

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27.

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 75 (689,978)
Citation 6

Abstract:

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28.

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 73 (700,551)
Citation 3

Abstract:

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29.

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 72 (705,948)
Citation 1

Abstract:

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30.

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 Bank of Boston
Downloads 66 (740,127)

Abstract:

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31.

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 63 (758,442)

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 63 (758,442)

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 62 (778,836)

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.

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 (771,203)
Citation 1

Abstract:

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35.

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 61 (771,203)

Abstract:

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36.

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 59 (784,257)

Abstract:

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37.

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 59 (784,257)
Citation 1

Abstract:

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38.

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 59 (784,257)

Abstract:

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39.
Downloads 58 (791,097)
Citation 2

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 - Department of Insurance & Real Estate, University of Aberdeen - Centre for Property Research and National Institutes of Health (NIH)
Downloads 58 (806,537)
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 - Department of Insurance & Real Estate, University of Aberdeen - Centre for Property Research and National Institutes of Health (NIH)

Abstract:

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leases, real options, effective rents

40.

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 57 (797,988)

Abstract:

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41.

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 55 (812,195)

Abstract:

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42.

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 53 (827,139)

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 29 (1,081,567)

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 23 (1,157,801)

Abstract:

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44.

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 51 (842,450)
Citation 6

Abstract:

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45.

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 51 (842,450)

Abstract:

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46.

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 51 (842,450)

Abstract:

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47.

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 51 (842,450)

Abstract:

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48.

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 50 (850,337)

Abstract:

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49.

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 50 (850,337)
Citation 1

Abstract:

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50.

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 50 (850,337)

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 49 (858,261)

Abstract:

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52.

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 49 (858,261)

Abstract:

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53.

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 Bank of Boston
Downloads 47 (874,737)

Abstract:

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54.

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 47 (874,737)
Citation 2

Abstract:

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55.

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 47 (874,737)

Abstract:

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56.

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 47 (874,737)

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 46 (883,332)

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 45 (891,999)

Abstract:

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59.

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 45 (900,832)

Abstract:

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60.

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 45 (891,999)

Abstract:

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61.

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 45 (891,999)
Citation 1

Abstract:

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62.

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 44 (900,832)

Abstract:

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63.

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 43 (909,813)
Citation 1

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64.

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 (909,813)
Citation 5

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 42 (918,846)

Abstract:

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66.

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 Bank of Boston
Downloads 42 (918,846)

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 42 (918,846)

Abstract:

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68.

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 42 (918,846)

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69.

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 41 (928,170)

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70.

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 41 (928,170)

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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 41 (928,170)

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72.

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 41 (928,170)

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73.

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 40 (937,644)

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74.

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 40 (937,644)

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75.

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 39 (947,225)

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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 38 (957,129)

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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 37 (967,096)

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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 37 (967,096)

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79.

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 37 (967,096)
Citation 1

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80.

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 Bank of Boston
Downloads 35 (987,330)

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81.

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 (997,690)

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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 33 (1,008,256)

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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 2022
Patric H. Hendershott and Sheng-Cheng Hu
University of Aberdeen - Centre for Property Research and Academia Sinica - Institute of Economics
Downloads 33 (1,008,256)

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84.

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 32 (1,018,983)

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85.

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 31 (1,029,836)

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86.

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 31 (1,029,836)

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87.

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 31 (1,029,836)

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88.

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 30 (1,040,951)

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89.

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 30 (1,040,951)

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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 30 (1,040,951)

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91.

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 (1,052,318)

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92.

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 29 (1,052,318)
Citation 2

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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 28 (1,063,910)

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94.

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 28 (1,063,910)

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95.

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 27 (1,075,691)

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96.

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 27 (1,075,691)
Citation 2

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97.

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 27 (1,075,691)

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98.

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 27 (1,075,691)

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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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