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Keywords: Equilibrium
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Journal Articles
Journal of Property Investment & Finance (2026) 44 (3): 227–230.
Published: 09 April 2026
...Colin Lizieri Purpose To examine the concept of equilibrium in the context of real estate markets and the insights that the concept brings to the modelling of adjustment processes. Design/methodology/approach The paper proceeds by introspection. Findings Even if real estate markets' normal...
Journal Articles
Journal of Property Investment & Finance (2016) 34 (6): 620–640.
Published: 05 September 2016
... (GDP), monthly earnings of individuals and vacancy rates (VR). Findings Such a behavioral model examines the dynamic structures that overshoot and/or diverge from equilibrium. Research limitations/implications The variables LOGGDP and VR are co-integrated of order one, I(1), while variables...
