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Department of Land Economy

Environment, Law & Economics

Studying at Cambridge

 

Dr Kanak Patel

Dr Kanak Patel

University Lecturer

Fellow in Economics, Magdalene College


Office Phone: (01223) 332153

Key Publications

Books          

  • Patel K (2001) Real Options: Evaluating corporate investment opportunities in a dynamic world, with S Howell et al., Prentice Hall.
  • Patel K and D A Paxson (2001)Two Simple Approaches To Pricing Credit Risk And Credit Derivatives.

Refereed Journal Articles          

  • Patel K and P Shuie, (2001), An Application of Option to Wait to Lease Property: Estimating Implied Volatility and Risk-neutral Distributions Based on Commercial Property Lease Rental Transactions, paper submitted to Journal of Real Estate Economics.
  • Patel K and P Eichholtz, (2001), Maastricht-Cambridge Symposium 2000: Introduction, The Special Issue, Journal of Real Estate Finance & Economics.
  • Patel K and T F Sing (2001) Effects of portfolio diversification on property investment companies’ stock prices: 1983-1994”, Journal of Property Investment & Finance.
  • Patel K and T F Sing (2001) Empirical analysis of irreversibility in property investment in the UK, Quarterly Review of Finance and Economics, also presented at ERES/AREUEA Conference, Maastricht, 1998.
  • K Patel and T F Sing, (2002) "Empirical evaluation of the value of option to invest", Journal of Property Investment & Finance.
  • Patel, K.; (2002) An Empirical Analysis of Determination of House Prices in the Taipei. Taiwan Economics Review 4.
  • Patel, K.; Eichholtz, P.; (2002) Editorial Introduction, New Directions in Real Estate Finance and Investment: Maastricht-Cambridge Symposium 2000, Special Issue, Journal of Real Estate Finance and Economics (1-2) pp 5-9
  • Patel, K.; Bond, S.; (2003) The conditional Distribution of Real Estate Returns: Relating Time Variation in Higher Moments to Downside Risk Measurement. .Journal of Real Estate Finance and Economics 26 pp319-337
  • Patel K and P Eichholtz, (2003) Cambridge-Maastricht Symposium 2001: Introduction, The Special Issue, (forthcoming) Journal of Real Estate Finance & Economics.
  • Patel, K.; Eichholtz, P.; (2003) New Directions in Real Estate Finance and Investment: Maastricht-Cambridge Symposium 2001, Special Issue, Journal of Real Estate Finance and Economics (2-3) pp121-125
  • Patel, K.; Erol, Isil.; (Winter 2004) Housing Policy and Mortgage Finance in Turkey During the late 1990s Inflationary Period, International Real Estate Review, Vol 7, No 1, pp 98-120.
  • Patel, K.; Ming-Chen; Kawaguchi, Y.; (2004) An Analysis of Trends and Cyclical Behaviour of House Prices in Asian Markets, Journal of Property Investment and Finance, Vol 22, Issue 1,.
  • Patel, K.; Erol, Isil.; (2005) Default Risk of Wage-Indexed Payment Mortgage (WIPM) Contract in Turkey, Housing Economics, Vol. 14, No. 3, 271-293.
  • Patel, K.; Paxson, Dean A; Tien Foo Sing (2005) Practical Uses of Real Property Options RICS Foundation, Royal Institution of Chartered Surveyors.
  • Patel, K.; Vmais, P.; (forthcoming in 2006)An Empirical Estimation of Default Risk of the UK Real Estate Companies” Special Issue, Special Issue, Journal of Real Estate Finance and Economics, Vol 32, No 1,.
  • Patel, K.; Pereira, Ricardo (under review) Expected Default Probabilities in Structural Models: Empirical Evidence, Special Issue, Journal of Real Estate Finance and Economic.

Research Reports          

  • Patel K and O Khan, (2002), European Public Real Estate Association: The Best Practice Disclosure Document 2000.
  • Patel K and Paxson, D A, (2002) “Valuation of some real property options” Research Foundation of the Royal Institution of Chartered Surveyors, Research Publication.
  • Practical Uses of Real Property Options (with Dean A Paxson and Tien Foo Sing) RICS Foundation, Royal Institution of Chartered Surveyors, (2005).