Access Statistics for Patric H. Hendershott

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Last month 3 months 12 months Total Last month 3 months 12 months Total
ANOTHER LOOK AT THE LONDON OFFICE MARKET 0 0 0 12 0 0 1 30
Accelerating Inflation, Nonassumable Fixed-Rate Mortgages, and Consumer Choice and Welfare 0 0 0 20 0 0 3 307
Adjustment in Property Space Markets: Estimates from the Stockholm Office Market 0 0 0 86 1 1 2 410
Adjustment in Property Space Markets: Estimates from the Stockholm Office Market 0 0 0 0 0 1 1 10
Affordability and the Value of Seller Financing 0 0 0 27 2 2 2 296
Age, Housing Demand, and Real House Prices 0 0 0 1 2 2 11 672
An Altered U.S. Housing Finance System: Implications for Housing 0 0 0 62 0 0 0 471
Another Look at the Capitalization of Interest Subsidies: Evidence from Sweden 0 0 0 55 0 0 1 790
Are Real House Prices Likely to Decline by 47 Percent? 0 0 0 62 0 0 5 389
Asymmetric Space Market Adjustment in the London Office Market 0 0 0 58 0 1 1 135
Asymmetric Space Market Adjustment in the London Office Market 0 0 1 57 1 3 5 154
Borrowing Constraints and the Tenure Choice of Young Households 0 0 0 176 0 0 2 588
Bubbles in Metropolitan Housing Markets 3 6 17 663 8 19 61 1,776
Comprehensive model of household tenure choice 0 0 2 9 0 1 104 225
Debt Usage and Mortgage Choice: Sensitivity to Default Insurance Costs 0 0 0 137 0 0 2 999
Debt and Equity Returns Revisited 0 0 0 29 0 0 2 98
Debt and Equity Yields: 1926-80 0 0 0 36 2 2 2 173
Demographic Factors and Real House Prices 0 0 0 19 1 2 5 57
Demographic Factors and Real House Prices 0 0 0 465 0 2 6 1,900
Demographic Factors and Real House Prices 0 0 0 2 2 2 5 277
Determinants of Cross-Sectional Variation in Discount Rates, Growth Rates, and Exit Cap Rates 0 1 2 102 2 4 8 403
Determinants of Real House Price Dynamics 3 11 45 1,525 15 42 122 3,654
EXPLAINING COMMERCIAL RENTS USING AN ERROR CORRECTION MODEL WITH PANEL DATA 0 0 1 7 0 0 1 17
Endogenous Mortgage Choice, Borrowing Constraints and the Tenure Decision 0 0 0 141 1 1 12 806
Equity and Nonequity Determinants of FHA Single-Family Mortgage Foreclosures in the 1980s 0 0 0 26 2 6 9 506
Estimating the Price Elasticity of Demand in the UK: Incorporating the Impact of Mortgage Interest Tax Relief and Credit Rationing Sample Selection Effects 0 0 1 6 0 0 1 19
Estimating the Rental Adjustment Process 0 0 0 217 0 1 3 773
Estimation of the Rental Adjustment Process 0 0 0 4 0 1 2 14
Evidence on Rationality in Commercial Property Markets: An Interpretation and Critique 0 0 0 91 1 1 3 320
Expectations, Surprises and Treasury Bill Rates: 1960-82 0 0 0 10 1 1 5 103
Expected Home Ownership and Real Wealth Accumulation of Youth 0 0 0 80 0 0 2 835
Fractional Logit Estimation of the LTV Decision 0 0 0 3 0 0 1 18
Government Policies and the Allocation of Capital Between Residential and Industrial Uses 0 0 0 8 0 0 0 50
Home Ownership and Real House Prices: Sources of Change, 1965-85 0 0 0 68 0 0 1 622
Home Ownership and Unemployment in the U.S 0 0 0 269 0 0 0 710
Homeownership Rates of Married Couples: An Econometric Investigation 0 0 0 45 0 0 1 244
Homeownership and Unemployment: The Roles of Leverage and Public Housing 0 0 2 196 0 1 4 711
House Prices Down Under 0 0 0 2 0 0 0 14
Household Formation and Home Ownership: The Impacts of Demographics andTaxes 0 0 0 72 0 0 0 327
Household Formations 0 1 1 37 0 1 5 148
Household Leverage and the Deductibility of Home Mortgage Interest: Evidence from UK House Purchasers 0 0 0 94 0 0 4 745
Household Saving: An Econometric Investigation 0 1 2 64 4 5 9 185
Housing Finance in the United States in the Year 2001 0 0 0 42 1 1 1 209
How Taxes and Required Returns Drove Commercial Real Estate Valuations over the Past Four Decades 0 0 5 41 2 3 16 52
Income Taxes and House Prices 0 0 0 137 0 1 2 566
Independent Living and Homeownership: An Analysis of Australian Youth 0 0 2 51 1 1 6 472
Inflation and the Benefits from Owner-Occupied Housing 0 0 0 17 0 1 5 107
Inflation, Resource Utilization, and Debt and Equity Returns 0 0 0 18 0 0 0 127
Integration of Mortgage and Capital Markets and the Accumulation of Residential Capital 0 0 0 56 0 0 0 225
Interest Rates in the Reagan Years 0 0 0 104 1 2 12 1,106
Introducing Risky Housing and Endogenous Tenure Choice into Portfolio- Based General Equilibrium Models 0 0 0 19 0 0 3 62
Investor Rationality: Evidence from UK Property Capitalization Rates 0 0 1 298 1 2 6 1,150
Loan-to-Value Ratios in Sweden - The Impact of Financial Deregulation 0 0 0 3 1 1 1 11
Loan-to-Value Ratios in Sweden: The Impact of Financial Deregulation 0 0 0 0 0 0 0 649
Local House Price Indexes: 1982-1991 0 0 0 329 0 0 3 3,097
Modelling Real Esate Capitalisation Rates Using an Error Correction Model 0 0 0 1 0 0 0 9
Modelling UK Office and Retail Capitalisation Rates: Evidence of Investor Rationality 0 0 0 3 0 1 3 13
Modelling office market dynamics: panel estimation and comparison of US metropolitan areas 0 0 1 10 0 0 1 18
Mortgage Pricing: What Have We Learned So Far? 0 0 0 49 1 1 1 234
Mortgage Revenue Bonds: Tax Exemption with a Vengeance 0 0 0 64 1 1 1 671
Office Market Values During the Past Decade: How Distorted Have Appraisals Been? 0 0 0 74 0 1 4 500
On the Determinants of the Value of Call Options on Default-Free Bonds 0 0 0 39 2 2 3 257
Over Investment in Australian Housing: Implications for Tax Policy 0 0 0 0 0 0 1 453
Patterns and Determinants of Metropolitan House Prices, 1977-91 0 0 0 222 2 2 3 665
Pricing Adjustable Rate Mortgages 0 0 0 71 2 3 5 240
Pricing FHA Mortgage Default Insurance 0 0 1 147 0 0 2 566
Pricing Mortgages: An Interpretation of the Models and Results 0 0 1 197 1 3 4 423
Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages 0 0 0 51 2 2 2 274
Pricing Upward-Only Adjusting Leases 0 0 1 152 0 0 6 600
Private Saving in the United States: 1950-85 0 0 0 74 3 4 5 469
Prospective Changes in Tax Law and the Value of Depreciable Real Estate 1 1 1 27 1 1 4 331
Real Estate and the Tax Reform Act of 1986 0 1 1 128 0 1 4 583
Real Rents and Household Formation: The Effect of the 1986 Tax Reform Act 0 0 0 16 0 0 0 149
Reforming Conforming Loan Limits: The Impact on Thrift Earnings and Taxpayer Outlays 0 0 0 5 0 0 0 175
Relative Factor Price Changes and Equity Prices 0 0 0 24 0 0 1 268
Rental Adjustment & Valuation of Real Estate in Overbuilt Markets: Fundamental vs. Reported Office Market Values in Sydney Australia 0 0 1 195 2 3 5 1,120
Rental adjustment and valuation of real estate in overbuilt markets: fundamental versus reported office market values in Sydney, Australia 0 0 1 2 0 0 1 8
Revenue and Welfare Implications for a Capital Gains Tax Cut 0 0 0 40 0 0 1 182
Risk and Return on Real Estate: Evidence from Equity REITs 1 3 22 649 3 9 44 1,557
Savings and Loan Usage of the Authority to Invest in Corporate Debt 0 0 1 8 0 0 2 113
Selling Price and Selling Time: The Impact of Seller Motivation 0 0 0 197 0 0 0 1,391
Systematic Valuation Errors and Property Cycles: A Clinical Study of the Sydney Office Market 0 0 0 160 1 1 2 590
Tax Changes and Capital Allocation in the 1980s 0 0 0 11 0 0 1 89
Tax Policy and Stock Prices 0 0 1 26 0 0 1 132
Tax Reform and Financial Markets 0 0 0 15 0 0 2 84
Tax Reform and Housing 0 0 0 8 0 0 0 73
Tax Reform and the Slope of the Playing Field 0 0 0 11 1 2 2 72
Tax Reform, Interest Rates and Capital Allocation 0 0 0 18 0 0 1 167
Taxes and House Prices 0 0 0 1 0 1 3 12
Taxes and the User Cost of Capital for Owner-Occupied Housing 0 0 0 318 1 2 8 926
Taxes, Mortgage Borrowing and House Prices 0 0 6 219 2 3 13 462
Taxing and Subsidizing Housing Investment: The Rise and Fall of Housing's Favored Status 0 0 0 129 1 1 3 394
Tenure Choice of American Youth 0 0 0 41 1 1 1 170
The Administration Tax Reform Proposal and Housing 0 0 0 41 0 0 1 154
The Allocation of Capital Between Residential and Nonresidential Uses: Taxes, Inflation and Capital Market Constraints 0 0 0 36 0 0 5 201
The Changing Fortunes of FHA's Mutual Mortgage Insurance Fund and the Legislative Response 0 0 1 37 1 1 4 305
The Continued Interest Rate Vulnerability of Thrifts 0 0 0 9 0 0 0 83
The Decline in Aggregate Share Values: Inflation, Taxation, Risk and Profitability 0 0 0 23 0 0 0 315
The Determinants of House Price Dynamics 0 0 0 17 1 1 4 55
The Economics of Mortgage Terminations: Implications for Mortgage Lenders and Mortgage Terms 0 0 0 47 0 0 1 228
The Economics of Tenure Choice: 1955-79 0 0 0 114 0 0 1 298
The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields 0 0 1 45 0 0 5 262
The Impacts on Capital Allocation of Some Aspects of the Economic Recovery Tax Act of 1981 0 0 0 25 0 0 1 633
The Long-Run Impact on Federal Tax Revenues and Capital Allocation of A Cut in the Capital Gains Tax Rate 0 0 0 30 0 0 2 267
The Market for Home Mortgage Credit: Recent Changes and Future Prospects 0 0 0 41 0 1 2 228
The Pricing of Default-Free Mortgages 0 0 0 53 0 0 0 163
The Sensitivity of Homeowner Leverage to the Deductibility of Home Mortgage Interest 0 0 1 39 2 2 7 205
The Tax Reform Act Of 1986 And Economic Growth 0 0 2 79 0 1 6 796
The Tax Reform and the Housing Market 0 0 0 1 1 2 4 564
The Terminations Premium in Mortgage Coupon Rates: Evidence on the Integration of Mortgage and Bond Markets 0 0 0 40 0 1 3 485
The demand for money: speed of adjustment, interest rates, and wealth: a sequel 0 0 0 0 0 2 2 242
The risk-free U.S. bond rate: errors in construction and use in econometric work 0 0 1 61 0 1 2 808
Trading and the Tax Shelter Value of Depreciable Real Estate 0 0 0 38 0 0 0 332
Treasury Bill Rates in the 1970s and 1980s 0 0 0 229 0 5 21 2,798
Treasury bill rates in the 1970s and 1980s 1 1 1 111 3 7 14 1,482
Understanding the Real Estate Provisions of Tax Reform: Motivation and Impact 0 0 0 20 0 0 3 107
Uses of Equilibrium Models in Real Estate Research 0 0 0 446 1 4 19 1,505
Valuing and Pricing Retail Leases with Renewal and Overage Options 0 0 0 206 0 0 5 1,172
Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation 0 0 1 163 3 3 7 880
Total Working Papers 9 26 128 11,511 91 190 728 57,822


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Flow-of-Funds Model: Estimates for the Nonbank Finance Sector 0 0 0 27 0 0 0 87
A Tax Cut in a Multiple Security Model: Crowding Out, Pulling In and the Term Structure of Interest Rates 0 0 0 4 1 1 1 23
Accelerating Inflation and Nonassumable Fixed-Rate Mortgages: Effects On Consumer Choice and Welfare 0 0 0 1 0 0 1 12
Adjustment in Property Space Markets: Taking Long‐Term Leases and Transaction Costs Seriously 0 0 0 33 0 1 1 105
Adjustments in the Real Estate Market 0 0 0 13 0 0 0 43
Age, housing demand, and real house prices 3 3 25 355 6 9 50 855
An Anatomy of Price Dynamics in Illiquid Markets: Analysis and Evidence from Local Housing Markets 2 3 4 175 3 5 10 386
Analysis of the Impact of Capital-Specific Policies or Legislation: Application to Reforms of the Tax-Exempt Market 0 0 0 1 0 0 0 25
Are real house prices likely to decline by 47 percent? 0 0 0 45 0 0 2 158
Asymmetric Adjustment in the City of London Office Market 0 0 3 64 1 1 9 153
Australian Capital City Real House Prices, 1979–1993 0 1 2 81 0 2 7 216
CAUSES AND CONSEQUENCES OF THE 1980s COMMERCIAL CONSTRUCTION BOOM 0 1 2 83 1 2 4 192
Capital Allocation and the Economic Recovery Tax Act of 1981 0 0 0 3 0 2 5 21
Changes in the relative incentives to invest in housing: Australia, Sweden, and the United States 0 0 0 25 0 0 0 79
Commercial bank asset portfolio behavior in the United States: Evidence of a change in structure 0 0 0 57 1 1 2 173
Corporate Equity and Commercial Property Market 'Bubbles' 0 0 1 6 0 0 10 28
Debt Usage and Mortgage Choice: The FHA-Conventional Decision 0 1 1 23 0 1 2 123
Determinants of Cross‐Sectional Variation in Discount Rates, Growth Rates and Exit Cap Rates 0 1 1 15 2 4 7 74
Determinants of the Value of Call Options of Default-Free Bonds 0 0 1 102 1 2 5 707
Dynamics of forecasting financial cycles: Lacy H. Hunt, (JAI Press, Greenwich, Connecticut, 1976) pp. xxiv + 296 0 0 2 68 0 1 3 257
Equity and Nonequity Determinants of FHA Single‐Family Mortgage Foreclosures in the 1980s 0 0 1 7 2 2 4 85
Estimating constant-quality capitalization rates and capitalization effects of below market financing 0 0 0 1 0 0 1 8
Estimation of the Rental Adjustment Process 0 0 0 13 0 2 4 83
Evolution of the American Real Estate and Urban Economics Association1 0 1 1 23 0 3 11 90
Expectations, Surprises and Treasury Bill Rates: 1960-82 0 0 0 2 0 0 2 66
Expected Inflation Implied by Capital Market Rates 0 0 0 16 0 0 0 74
Explaining Real Commercial Rents Using an Error Correction Model with Panel Data 0 1 1 233 1 3 4 450
Financial Disintermediation in a Macroeconomic Framework 0 0 0 42 0 0 0 132
Financial Disintermediation in a Macroeconomic Framework: Reply 0 0 0 11 0 0 1 48
Forecasting Housing Markets: Lessons Learned 0 1 2 41 0 1 2 102
Free Reserves, Interest Rates, and Deposits: A Synthesis 0 0 0 16 0 0 0 74
Fund Flows and Commercial Real Estate Investment: Evidence from the Commercial Mortgage Market 0 0 0 115 1 1 5 546
Home-ownership and Unemployment in the US 0 0 0 8 2 2 5 44
House Price Indexes: Issues and Results 0 1 7 55 1 7 18 127
Household Saving in the United States: Measurement and Behavior 0 0 0 0 1 1 2 434
Housing Decisions of American Youth 1 1 5 131 1 1 10 283
Housing Inventory Change and the Role of Existing Structures, 1961–1985 0 0 0 8 0 0 0 31
How Taxes and Required Returns Drove Commercial Real Estate Valuations over the Past Four Decades 0 0 0 19 2 3 16 58
INFLATION AND THE GROWTH IN HOME MORTGAGE DEBT, 1964–78 0 0 0 2 0 0 0 5
Independent Living and Home Ownership: An Analysis of Australian Youth 0 0 2 14 1 2 6 121
Inflation and extraordinary returns on owner-occupied housing: Some implications for capital allocation and productivity growth 0 0 0 58 1 1 1 150
Integration of mortgage and capital markets and the accumulation of residential capital 0 0 1 20 0 0 2 133
Interest Rates and Prices in the Long Run: A Study of the Gibson Paradox: Comment 0 0 0 10 0 1 3 35
Introducing risky housing and endogenous tenure choice into a portfolio-based general equilibrium model 0 0 0 16 0 1 1 52
Introduction 0 0 0 0 0 0 1 15
Introduction and overview 0 0 0 4 0 0 0 24
Investor Rationality: An Analysis of NCREIF Commercial Property Data 0 0 0 111 0 0 2 469
Local House Price Indexes: 1982–1991 0 0 1 34 0 1 5 248
Marital history and home ownership: Evidence from Australia 1 1 3 33 1 1 8 147
Measurement of the Spreads Between Yields on Various Mortgage Contracts and Treasury Securities 0 0 0 9 0 0 1 69
Model simulations of the impact of selective credit policies and financial reforms: The appropriate monetary-policy assumption 0 0 1 2 0 0 1 34
Modeling Space Market Dynamics: An Illustration Using Panel Data for US Retail 0 0 1 23 0 0 4 61
Monetary and Fiscal Influences on U.S. Money Income, 1891-1970: Comment 0 0 0 1 0 0 0 53
Mortgage Pricing: What Have We Learned So Far?† 0 0 0 5 0 0 1 15
Mortgage Refinancing, Adverse Selection, and FHA's Streamline Program 0 0 0 50 0 1 3 1,073
Neutralization of the money stock 0 0 0 1 0 0 0 35
Overview 0 0 0 0 0 0 1 6
Patterns and determinants of metropolitan house prices, 1977 to 1991 0 0 5 59 1 3 17 1,293
Policy and Statistical Exogeneity: Reply 0 0 0 0 0 0 0 20
Pricing Life‐of‐Loan Rate Caps on Default‐Free Adjustable‐Rate Mortgages 0 0 0 3 0 0 1 49
Pricing Upward-Only Adjusting Leases 0 0 2 46 1 1 9 296
Property Asset Bubbles: Evidence from the Sydney Office Market 0 1 1 141 0 1 3 439
Prospective Changes in Tax Law and the Value of Depreciable Real Estate 0 0 0 3 3 4 4 81
RECENT DEVELOPMENT OF THE FINANCIAL SECTOR OF ECONOMETRIC MODELS 0 0 1 10 0 0 1 20
Rapid Housing Privatization in Reforming Economies: Pay the Special Dividend Now 0 0 0 0 0 0 0 120
Real User Costs and the Demand for Single-Family Housing 0 0 0 36 1 1 1 94
Recognizing the Impact of Inflation: Discussion 0 0 0 0 0 0 0 32
Rental Adjustment and Valuation in Overbuilt Markets: Evidence from the Sydney Office Market 0 0 4 163 1 3 10 445
Residential Mortgage Markets and the Cost of Mortgage Funds 0 0 0 6 1 2 3 39
Risk and Return on Real Estate: Evidence from Equity REITs 1 2 6 107 2 6 16 337
Selling Time and Selling Price: The Influence of Seller Motivation 1 1 3 47 2 2 9 166
Social Returns to Housing and Other Fixed Capital 0 0 0 3 0 0 0 11
THE STRUCTURE OF INTERNATIONAL INTEREST RATES: THE U.S. TREASURY BILL RATE AND THE EURODOLLAR DEPOSIT RATE 0 1 3 19 0 1 5 74
Tax reform and financial markets 0 0 0 4 0 1 1 161
Taxes and the User Cost of Capital for Owner‐Occupied Housing 0 0 4 51 0 1 12 210
The Allocation of Capital between Residential and Nonresidential Uses: Taxes, Inflation and Capital Market Constraints 0 0 0 6 0 1 4 82
The Changing Fortunes of FHA's Mutual Mortgage Insurance Fund and the Legislative Response 0 0 0 0 0 2 2 183
The Decline in Aggregate Share Values: Taxation, Valuation Errors, Risk and Profitability 0 0 0 8 0 0 2 87
The Demand for Tax-Exempt Securities by Financial Institutions 0 0 0 4 1 1 1 50
The Determinants of REALTOR Income 0 0 3 187 0 5 12 1,294
The Financial Behavior of Households: Some Empirical Estimates 0 0 0 26 0 0 0 59
The Full-Employment Interest Rate and the Neutralized Money Stock: Comment 0 0 0 3 0 0 0 58
The GNP gap: An indicator of monetary policy? 0 0 0 18 0 0 0 158
The Impact of Real Rents and Wages on Household Formation 0 0 3 91 2 2 12 303
The Impact of Relative Security Supplies: A Test with Data from a Regional Tax-Exempt Bond Market 0 0 0 4 0 0 0 46
The Impact of Taxes, Risk and Relative Security Supplies on Interest Rate Differentials 0 0 0 20 0 0 1 83
The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields 0 0 0 0 2 3 11 135
The Inside Lag in Monetary Policy: A Comment 0 0 0 35 0 2 3 325
The Interest-Rate Behavior of Flow-of-Funds and Bank-Reserves Financial Models 0 0 0 12 0 0 0 73
The Likely Impact of Increases in Deposit Rate Ceilings on Thrift Earnings and Housing Construction* 0 0 0 6 0 0 0 17
The Long-Run Impact on Federal Tax Revenues and Capital Allocation of a Cut in the Capital Gains Tax Rate 0 0 0 2 0 0 2 39
The Relationship between Median and Constant Quality House Prices: Implications for Setting FHA Loan Limits 0 0 0 17 0 1 3 84
The Workings of the London Office Market 0 1 2 172 0 1 4 346
The market for home mortgage credit: recent changes and future prospects 0 0 0 0 0 2 3 383
The sensitivity of homeowner leverage to the deductibility of home mortgage interest 0 0 1 25 2 4 10 132
Treasury Bill Rates in the 1970s and 1980s 0 0 1 73 1 2 6 646
U.S. Office Market Values During the Past Decade: How Distorted Have Appraisals Been? 0 0 0 16 0 0 1 78
Uses of equilibrium models in real estate research 0 0 0 9 0 0 0 26
Valuing ARM Rate Caps: Implications of 1970–84 Interest Rate Behavior 0 0 0 3 0 0 2 39
Valuing and Pricing Retail Leases with Renewal and Overage Options 0 0 0 50 0 0 1 327
Total Journal Articles 9 22 107 3,800 50 118 416 18,137
1 registered items for which data could not be found


Book File Downloads Abstract Views
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Public Policy and the Housing Market 0 0 0 0 0 0 1 35
Total Books 0 0 0 0 0 0 1 35


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Aggregate U.S. Private Saving: Conceptual Measures 0 0 0 20 1 1 2 123
Debt and Equity Returns Revisited 0 0 0 1 0 0 0 12
Debt and Equity Yields, 1926-1980 0 0 1 5 1 4 6 19
Empirical Analysis of Capital Flows: Some Consequences of Alternative Specifications 0 0 0 1 0 0 0 11
Housing Finance in the United States 0 1 1 19 0 1 1 38
Inflation, Resource Utilization, and Debt and Equity Returns 0 0 0 10 0 0 0 27
Tax Changes and Capital Allocation in the 1980s 0 0 0 5 0 0 0 15
Tax Reform and the Slope of the Playing Field 0 0 0 1 0 2 2 15
The Continued Interest-Rate Vulnerability of Thrifts 0 0 0 6 0 0 1 25
Total Chapters 0 1 2 68 2 8 12 285


Statistics updated 2019-10-05