Sökning: "capitalization rate"

Hittade 4 avhandlingar innehållade orden capitalization rate.

  1. 1. Empirical studies of property appraiser behaviour and of location value in office rents

    Författare :Olof Netzell; Åke Gunnelin; Lennart Berg; KTH; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Space Syntax; translog; hedonic model; office space; rent; Stockholm; property appraisal; capitalization rate; appraiser behaviour; Business and economics; Ekonomi;

    Sammanfattning : In the first paper the effect of accessibility upon rent is investigated for office properties located in Downtown Stockholm. Starting from the firm’s cost minimization problem, a translog hedonic model is derived. The results suggest the model has good predictive power in explaining the variation in the log of the rent. LÄS MER

  3. 2. Essays in Real Estate Finance

    Författare :Timotheos Mavropoulos; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : The paper investigates the effect of the property taxation reform introduced in Sweden after April 2997 on the market price of the affected properties (one-family houses). Inference is focused  on discount rates, growth rates and the implied degree of tax capitalization. LÄS MER

  4. 3. Portfolio management under transaction costs: Model development and Swedish evidence

    Författare :Rickard Olsson; Lars Hassel; David Johnstone; Umeå universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Business studies; Företagsekonomi; Business studies; Företagsekonomi;

    Sammanfattning : Portfolio performance evaluations indicate that managed stock portfolios on average underperform relevant benchmarks. Transaction costs arise inevitably when stocks are bought and sold, but the majority of the research on portfolio management does not consider such costs, let alone transaction costs including price impact costs. LÄS MER

  5. 4. Essays on Politics, Fiscal Institutions, and Public Finance

    Författare :Lovisa Persson; Eva Mörk; Jon H. Fiva; Uppsala universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Property taxation; housing market; fiscal institutions; balanced budget rule; local public finance; fiscal consolidation; political fragmentation; median voter model; regression discontinuity; citizen candidates; party effects; right-wing populism; welfare chauvinism.; Economics; Nationalekonomi;

    Sammanfattning : Essay 1 (with Mikael Elinder): We show that house prices in general did not respond to a large cut in the property tax in Sweden. Our estimates are based on rich register data covering more than 100,000 sales over a time period of two and a half years. LÄS MER