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pro vyhledávání: '"Brent C Smith"'
Autor:
Brent C. Smith, Anthony M. Yezer
Publikováno v:
The Journal of Real Estate Finance and Economics.
Mortgage risk assessment is based on hazard models using data on “seasoned” mortgages, endorsed in previous years. These models assume that the lender’s pricing decision has no effect on the parameters of the hazard function. This paper argues
Autor:
Brent C. Smith, Allen C. Goodman
Publikováno v:
The Journal of Real Estate Finance and Economics
Location spillovers are a common theme in real estate and urban economics research, but this is the first test on the relationship between hospital service quality and the demand for proximate medical office space. We hypothesize that hospitals with
Autor:
Brent C. Smith, Allen C. Goodman
Publikováno v:
Journal of Property Research. 37:340-359
This article examines the U.S. market for Medical Office Buildings (MOB), a segment of the office market that has received little attention in the academic literature. Our attention is directed tow...
Autor:
Walter anon, Brent C. Smith
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of Public Budgeting, Accounting & Financial Management. 30:440-458
Purpose Using a unique sample of about 563,000 competitively bid municipal revenue bonds with financial advisors issued during the period 1998–2012, the purpose of this paper is to examine the role and influence of financial advisor quality in the
Autor:
Allen C. Goodman, Brent C. Smith
Publikováno v:
Regional Science and Urban Economics. 68:148-159
Urban/regional economic analyses help explain several features of health service providers including output determination. Spatial agglomerations increase factor productivity, and therefore rents paid and wages earned. Larger agglomerations imply hig
Publikováno v:
Real Estate Economics. 48:1198-1233
This article uses micro‐level data on small (as defined by Fannie Mae) multifamily loans in the Fannie Mae loan portfolio to examine prepayment and default performance. The results document the importance of equity, as measured by the loan‐to‐v
Autor:
Brent C. Smith, Kenneth N. Daniels
Publikováno v:
Journal of Financial Services Research. 54:323-343
The following analysis focuses on the role that risk pricing has had in the allocation and access to mortgage funds, specifically how it results in cost differences by race. Using a sample of fixed-rate first lien mortgages, we control for the risk c
Autor:
Hamilton Fout, Brent C. Smith
Publikováno v:
Journal of Housing Research. 26:53-78
We estimate a hedonic pricing model controlling directly for a property's proximity to the ocean and find a significant and sustained premium accruing to transacted prices for ocean-bordering properties. We find on average that properties that border
Publikováno v:
The Journal of Fixed Income. 24:89-103
We provide a comprehensive empirical analysis of the Build America Bonds (BABs) program. We show that the program benefits issuers in the form of lower yields relative to tax-exempt municipal debt for both general obligation and revenue issues. Our a