| 000 | 01168cam a2200193 4500500 | ||
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| 005 | 20250121213026.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aMalle, Richard _eauthor |
| 245 | 0 | 0 | _aA Simultaneous-Equation Model of the Office-Market Cycle in the Paris Area |
| 260 | _c2011. | ||
| 500 | _a2 | ||
| 520 | _aThis paper presents a simultaneous-equation model for the Paris Region office market in 1994-2008. We determine the market’s supply/demand relationship by combining net absorption, the vacancy rate, real rents, and the volume of office construction starts. We then simulate office-market cycles according to different employment hypotheses up to 2020. The results show that the Paris Region employment cycle determines the cycle of office-market fundamentals. Interest rates have a limited impact on the decisions of property-market players. | ||
| 690 | _aproperty forecasts | ||
| 690 | _aoffice market cycle | ||
| 690 | _aoffice rents | ||
| 786 | 0 | _nEconomie & prévision | o 194 | 3 | 2011-11-21 | p. 93-108 | 0249-4744 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2010-3-page-93?lang=en&redirect-ssocas=7080 |
| 999 |
_c700010 _d700010 |
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