{"id":"https://openalex.org/W3121304535","doi":"https://doi.org/10.1016/j.jbankfin.2009.07.011","title":"Financial development and asset valuation: The special case of real estate","display_name":"Financial development and asset valuation: The special case of real estate","publication_year":2009,"publication_date":"2009-07-18","ids":{"openalex":"https://openalex.org/W3121304535","doi":"https://doi.org/10.1016/j.jbankfin.2009.07.011","mag":"3121304535"},"language":"en","primary_location":{"id":"doi:10.1016/j.jbankfin.2009.07.011","doi":"https://doi.org/10.1016/j.jbankfin.2009.07.011","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2009.07.011","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking & Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.1346362","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064109438","display_name":"Muhammed Shahid Ebrahim","orcid":"https://orcid.org/0000-0002-2356-1092","observed_orcids":["https://orcid.org/0000-0002-2356-1092"]},"institutions":[{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"M. Shahid Ebrahim","raw_affiliation_strings":["University of Nottingham, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Nottingham, UK","institution_ids":["https://openalex.org/I142263535"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5035758357","display_name":"Sikandar Hussain","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Sikandar Hussain","raw_affiliation_strings":["University of Nottingham, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Nottingham, UK","institution_ids":["https://openalex.org/I142263535"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5064109438"],"corresponding_institution_ids":["https://openalex.org/I142263535"],"apc_list":{"value":3340,"currency":"USD","value_usd":3340},"apc_paid":null,"fwci":6.863,"has_fulltext":false,"cited_by_count":48,"citation_normalized_percentile":{"value":0.96580351,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"34","issue":"1","first_page":"150","last_page":"162"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.5346999764442444,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.5346999764442444,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.3711000084877014,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.019700000062584877,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":0.9980000257492065},{"id":"https://openalex.org/keywords/asset-valuation","display_name":"asset valuation","score":0.9049999713897705},{"id":"https://openalex.org/keywords/property-valuation","display_name":"property valuation","score":0.8610000014305115},{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.7319999933242798},{"id":"https://openalex.org/keywords/adverse-selection","display_name":"adverse selection","score":0.7580000162124634},{"id":"https://openalex.org/keywords/moral-hazard","display_name":"moral hazard","score":1.0},{"id":"https://openalex.org/keywords/risk-sharing","display_name":"risk sharing","score":0.5099999904632568},{"id":"https://openalex.org/keywords/pareto-optimality","display_name":"Pareto optimality","score":0.7089999914169312},{"id":"https://openalex.org/keywords/financial-architecture","display_name":"financial architecture","score":0.4560000002384186},{"id":"https://openalex.org/keywords/risk-averse-investors","display_name":"risk-averse investors","score":0.5709999799728394},{"id":"https://openalex.org/keywords/general-equilibrium","display_name":"general equilibrium","score":0.5659999847412109}],"concepts":[{"id":"https://openalex.org/C2780202544","wikidata":"https://www.wikidata.org/wiki/Q44454","display_name":"Moral hazard","level":3,"score":0.6188546419143677},{"id":"https://openalex.org/C82279013","wikidata":"https://www.wikidata.org/wiki/Q684740","display_name":"Real estate","level":2,"score":0.6069303750991821},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.5650064945220947},{"id":"https://openalex.org/C32252159","wikidata":"https://www.wikidata.org/wiki/Q380037","display_name":"Adverse selection","level":2,"score":0.5334304571151733},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.5259342789649963},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5229483246803284},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.48781779408454895},{"id":"https://openalex.org/C38815200","wikidata":"https://www.wikidata.org/wiki/Q697852","display_name":"Real estate investment trust","level":3,"score":0.48041343688964844},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4629882574081421},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.45110005140304565},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4229316711425781},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.33268338441848755},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.29733723402023315},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.09171497821807861}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1016/j.jbankfin.2009.07.011","doi":"https://doi.org/10.1016/j.jbankfin.2009.07.011","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2009.07.011","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking & Finance","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.1346362","doi":"https://doi.org/10.2139/ssrn.1346362","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1346362","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:eee:jbfina:v:34:y:2010:i:1:p:150-162","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0378-4266(09)00161-7","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:durham-repository.worktribe.com:1423331","doi":null,"is_oa":true,"landing_page_url":"https://durham-repository.worktribe.com/output/1423331","pdf_url":null,"source":{"id":"https://openalex.org/S4306400188","display_name":"Durham Research Online (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Journal Article"},{"id":"pmh:oai:https://durham-repository.worktribe.com/:1423331","doi":null,"is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2009.07.011","pdf_url":null,"source":{"id":"https://openalex.org/S4306400188","display_name":"Durham Research Online (Durham University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I190082696","host_organization_name":"Durham University","host_organization_lineage":["https://openalex.org/I190082696"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.1346362","doi":"https://doi.org/10.2139/ssrn.1346362","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1346362","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":97,"referenced_works":["https://openalex.org/W205464702","https://openalex.org/W1484043958","https://openalex.org/W1488449625","https://openalex.org/W1495009347","https://openalex.org/W1514968797","https://openalex.org/W1529133383","https://openalex.org/W1575116858","https://openalex.org/W1575985025","https://openalex.org/W1579112106","https://openalex.org/W1587249634","https://openalex.org/W1941377228","https://openalex.org/W1963688865","https://openalex.org/W1990472389","https://openalex.org/W1991384670","https://openalex.org/W1996285825","https://openalex.org/W1997540950","https://openalex.org/W2000578291","https://openalex.org/W2002208981","https://openalex.org/W2009684705","https://openalex.org/W2019222975","https://openalex.org/W2023093820","https://openalex.org/W2051438039","https://openalex.org/W2053306385","https://openalex.org/W2055305652","https://openalex.org/W2064481362","https://openalex.org/W2077791698","https://openalex.org/W2080485486","https://openalex.org/W2082524484","https://openalex.org/W2087822267","https://openalex.org/W2093030468","https://openalex.org/W2094837572","https://openalex.org/W2096416445","https://openalex.org/W2101526717","https://openalex.org/W2102897370","https://openalex.org/W2107524339","https://openalex.org/W2108491286","https://openalex.org/W2115846503","https://openalex.org/W2118181412","https://openalex.org/W2119143694","https://openalex.org/W2124597406","https://openalex.org/W2129145285","https://openalex.org/W2130209614","https://openalex.org/W2130418126","https://openalex.org/W2131354481","https://openalex.org/W2131773668","https://openalex.org/W2133897956","https://openalex.org/W2133953136","https://openalex.org/W2144131031","https://openalex.org/W2148911788","https://openalex.org/W2154127363","https://openalex.org/W2156928189","https://openalex.org/W2164866642","https://openalex.org/W2169508410","https://openalex.org/W2170545489","https://openalex.org/W2333315013","https://openalex.org/W2593805246","https://openalex.org/W2606745280","https://openalex.org/W2733823363","https://openalex.org/W2736894358","https://openalex.org/W2889974927","https://openalex.org/W3044157744","https://openalex.org/W3121289064","https://openalex.org/W3122221630","https://openalex.org/W3122790390","https://openalex.org/W3122812532","https://openalex.org/W3123809899","https://openalex.org/W3124162462","https://openalex.org/W3124923994","https://openalex.org/W3125114825","https://openalex.org/W3125298939","https://openalex.org/W3125505643","https://openalex.org/W3126076569","https://openalex.org/W4206129979","https://openalex.org/W4206566437","https://openalex.org/W4210433538","https://openalex.org/W4230855473","https://openalex.org/W4234608187","https://openalex.org/W4234689373","https://openalex.org/W4236331753","https://openalex.org/W4237453770","https://openalex.org/W4237898434","https://openalex.org/W4238976391","https://openalex.org/W4240025882","https://openalex.org/W4240206232","https://openalex.org/W4243450456","https://openalex.org/W4247158201","https://openalex.org/W4249058421","https://openalex.org/W4249952411","https://openalex.org/W4250522904","https://openalex.org/W4251958945","https://openalex.org/W4252007556","https://openalex.org/W4252793222","https://openalex.org/W4254676469","https://openalex.org/W4285719527","https://openalex.org/W4289884898","https://openalex.org/W6674976940","https://openalex.org/W7097653829"],"related_works":["https://openalex.org/W1830330295","https://openalex.org/W2606459612","https://openalex.org/W2067730576","https://openalex.org/W2078004510","https://openalex.org/W1995495743","https://openalex.org/W7098754652","https://openalex.org/W825590810","https://openalex.org/W1528785285","https://openalex.org/W3176636148","https://openalex.org/W1494492512"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":7},{"year":2015,"cited_by_count":6},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-02-01T00:00:00"}