| Name | Dr Kanak PATEL |
|---|---|
| Telephone | +44 (0)1223 337125 or 332153 |
| kp10005 (for e-mail address, add @cam.ac.uk to the address shown.) | |
| Current post | University Lecturer Fellow in Economics, Magdalene College |
| Research Interests | Property finance and risk management using futures and options. Currently working on the application of option pricing approach to the valuation of commercial and residential property. |
| Publications | Books Patel K and D A Paxson (2001)Two Simple Approaches To Pricing Credit Risk And Credit Derivatives. Refereed Journal Articles 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 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). |

