Predicting Regional Office Rents Using Habitpersistence Theories
Predicting Regional Office Rents Using Habitpersistence Theories
Gardiner, Chris; Henneberry, John
1991-03-01 00:00:00
Develops a habitpersistence model which is based on the assumptionthat experience conditions present behaviour and expectations. Notesthat the model combines the adaptive expectations hypothesis with thepartial adjustment process. Concludes that accurate forecasts fordeclining regions are produced but the results for growing regions arenot significant.
http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.pngJournal of Property Valuation and InvestmentEmerald Publishinghttp://www.deepdyve.com/lp/emerald-publishing/predicting-regional-office-rents-using-habitpersistence-theories-u5NKkzwS6o
Predicting Regional Office Rents Using Habitpersistence Theories
Develops a habitpersistence model which is based on the assumptionthat experience conditions present behaviour and expectations. Notesthat the model combines the adaptive expectations hypothesis with thepartial adjustment process. Concludes that accurate forecasts fordeclining regions are produced but the results for growing regions arenot significant.
Journal
Journal of Property Valuation and Investment
– Emerald Publishing
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