Details about Michael S. Young

Access statistics for papers by Michael S. Young.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pyo57

Working Papers

2004

1. Serial Persistence in Individual Real Estate Returns in the UK
   Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (4)
   See also Journal Article Serial persistence in individual real estate returns in the UK, Journal of Property Investment & Finance, Emerald Group Publishing Limited (2007) View citations (5) (2007)

Journal Articles

2023

1. Real Estate Return Distributions with New NCREIF Data Series
   Journal of Real Estate Portfolio Management, 2023, 29, (2), 151-176

2017

2. New NCREIF Value Index and Operations Measures
   Journal of Real Estate Literature, 2017, 25, (1), 221-235

2012

3. Real Estate Return Distributions Using Maximum Likelihood Estimation: New Technology, New Results
   Journal of Real Estate Portfolio Management, 2012, 18, (1), 23-41

2011

4. Coherent risk measures in real estate investment
   Journal of Property Investment & Finance, 2011, 29, (4/5), 479-493 View citations (4)

2008

5. Revisiting Non-normal Real Estate Return Distributions by Property Type in the U.S
   The Journal of Real Estate Finance and Economics, 2008, 36, (2), 233-248 View citations (10)

2007

6. Real-Time Valuation: Breathing New Life into Moribund DCF Modeling
   Journal of Real Estate Practice and Education, 2007, 10, (1), 25-40
7. Serial persistence in individual real estate returns in the UK
   Journal of Property Investment & Finance, 2007, 25, (3), 241-273 View citations (5)
   See also Working Paper Serial Persistence in Individual Real Estate Returns in the UK, Real Estate & Planning Working Papers (2004) View citations (4) (2004)

2006

8. Non‐Normal Real Estate Return Distributions by Property Type in the UK
   Journal of Property Research, 2006, 23, (2), 109-133 View citations (11)

2005

9. Making Sense of the NCREIF Property Index: A New Formulation Revisited
   Journal of Real Estate Portfolio Management, 2005, 11, (3), 211-223

2002

10. Performance Attributions: Pure Theory Meets Messy Reality
    Journal of Real Estate Research, 2002, 23, (1/2), 3-28 View citations (1)
11. Real Estate Performance Attribution: Pure Theory Meets Messy Reality
    Journal of Real Estate Research, 2002, 23, (1-2), 3-28 View citations (1)

2000

12. Institutional Property Tenure: Evidence from the NCREIF Database
    Journal of Real Estate Portfolio Management, 2000, 6, (4), 327-338
13. REIT Property-Type Sector Integration
    Journal of Real Estate Research, 2000, 19, (1), 3-21 View citations (14)
    Also in Journal of Real Estate Research, 2000, 19, (1), 3-22 (2000) View citations (2)

1999

14. Serial Persistence in Disaggregated Australian Real Estate Returns
    Journal of Real Estate Portfolio Management, 1999, 5, (2), 113-127
15. The Magnitude of Random Appraisal Error in Commercial Real Estate Valuation
    Journal of Real Estate Research, 1999, 17, (1), 33-54 View citations (1)
    Also in Journal of Real Estate Research, 1999, 17, (1), 33-54 (1999) View citations (8)

1997

16. Serial Persistence in Equity REIT Returns
    Journal of Real Estate Research, 1997, 14, (3), 183-214 View citations (15)
    Also in Journal of Real Estate Research, 1997, 14, (3), 183-214 (1997) View citations (1)
17. The Shape of Australian Real Estate Return Distributions and Comparisons to the United States
    Journal of Real Estate Research, 1997, 14, (3), 291-308
    Also in Journal of Real Estate Research, 1997, 14, (3), 291-308 (1997) View citations (11)

1996

18. Capital Expenditures: Be Careful How You Count
    Journal of Real Estate Portfolio Management, 1996, 2, (2), 169-174
19. Real Estate Return Correlations: Real-World Limitations on Relationships Inferred from NCREIF Data
    The Journal of Real Estate Finance and Economics, 1996, 13, (2), 121-42 View citations (8)
20. Systematic Behavior in Real Estate Investment Risk: Performance Persistence in NCREIF Returns
    Journal of Real Estate Research, 1996, 12, (2), 369-381
    Also in Journal of Real Estate Research, 1996, 12, (3), 369-382 (1996) View citations (6)

1995

21. Real Estate Is Not Normal: A Fresh Look at Real Estate Return Distributions
    The Journal of Real Estate Finance and Economics, 1995, 10, (3), 225-59 View citations (43)

1994

22. Random Disaggregate Appraisal Error in Commercial Property: Evidence from the Russell-NCREIF Database
    Journal of Real Estate Research, 1994, 9, (4), 403-420 View citations (5)