{
 "indexed": {
  "date-parts": [
   [
    2026,
    8,
    23
   ]
  ],
  "date-time": "2026-08-23T18:20:53Z",
  "timestamp": 1787509253168,
  "version": "build-2736575974"
 },
 "reference-count": 36,
 "publisher": "Informa UK Limited",
 "issue": "2",
 "content-domain": {
  "domain": [],
  "crossmark-restriction": false
 },
 "short-container-title": [
  "Journal of Real Estate Research"
 ],
 "published-print": {
  "date-parts": [
   [
    2008,
    1,
    1
   ]
  ]
 },
 "DOI": "10.1080/10835547.2008.12091217",
 "type": "journal-article",
 "created": {
  "date-parts": [
   [
    2021,
    3,
    3
   ]
  ],
  "date-time": "2021-03-03T11:24:11Z",
  "timestamp": 1614770651000
 },
 "page": "125-160",
 "source": "Crossref",
 "is-referenced-by-count": 42,
 "title": [
  "Time Variation of Liquidity in the Private Real Estate Market: An Empirical Investigation"
 ],
 "prefix": "10.1080",
 "volume": "30",
 "author": [
  {
   "given": "Jim",
   "family": "Clayton",
   "sequence": "first",
   "affiliation": [
    {
     "name": "University of Cincinnati and Pension Real Estate Association, Hartford, CT"
    }
   ],
   "role": [
    {
     "vocabulary": "crossref",
     "role": "author"
    }
   ]
  },
  {
   "given": "Greg",
   "family": "MacKinnon",
   "sequence": "additional",
   "affiliation": [
    {
     "name": "Saint Mary's University, Halifax, Nova Scotia"
    }
   ],
   "role": [
    {
     "vocabulary": "crossref",
     "role": "author"
    }
   ]
  },
  {
   "given": "Liang",
   "family": "Peng",
   "sequence": "additional",
   "affiliation": [
    {
     "name": "University of Colorado, Boulder, CO"
    }
   ],
   "role": [
    {
     "vocabulary": "crossref",
     "role": "author"
    }
   ]
  }
 ],
 "member": "301",
 "published-online": {
  "date-parts": [
   [
    2020,
    6,
    17
   ]
  ]
 },
 "reference": [
  {
   "key": "CIT0001",
   "unstructured": "Anglin, P. The Value and Liquidity Effects of a Change in Market Conditions. Working Paper, University of Windsor, 2003."
  },
  {
   "key": "CIT0002",
   "doi-asserted-by": "publisher",
   "DOI": "10.1023/A:1021526332732"
  },
  {
   "key": "CIT0003",
   "doi-asserted-by": "publisher",
   "DOI": "10.1016/j.finmar.2003.11.005"
  },
  {
   "key": "CIT0004",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/1540-6229.00698"
  },
  {
   "key": "CIT0005",
   "doi-asserted-by": "publisher",
   "DOI": "10.1007/s11146-007-9022-1"
  },
  {
   "key": "CIT0006",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/j.1080-8620.2004.00082.x"
  },
  {
   "key": "CIT0007",
   "first-page": "299",
   "volume": "2",
   "journal-title": "Brookings Papers on Economic Activity"
  },
  {
   "key": "CIT0008",
   "doi-asserted-by": "publisher",
   "DOI": "10.1023/A:1013990523388"
  },
  {
   "key": "CIT0009",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/1080-8620.t01-1-00010"
  },
  {
   "key": "CIT0010",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/0022-1082.00335"
  },
  {
   "key": "CIT0011",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/1080-8620.00014"
  },
  {
   "key": "CIT0012",
   "doi-asserted-by": "crossref",
   "unstructured": "Dhar, R. and W. Goetzmann. Institutional Perspectives on Real Estate Investing: The Role of Risk and Uncertainty. Pension Real Estate Association Research Report, 2005.",
   "DOI": "10.3905/jpm.2006.644202"
  },
  {
   "key": "CIT0013",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/1540-6229.00066"
  },
  {
   "key": "CIT0014",
   "unstructured": "Fisher, J., D. Gatzlaff, D. Geltner, and D. Haurin. An Analysis of the Determinants of Transaction Frequency of Institutional"
  },
  {
   "key": "CIT0015",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/j.1080-8620.2004.00091.x"
  },
  {
   "key": "CIT0016",
   "first-page": "255",
   "volume": "87",
   "journal-title": "American Economic Review"
  },
  {
   "key": "CIT0017",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/0022-1082.00349"
  },
  {
   "key": "CIT0018",
   "doi-asserted-by": "publisher",
   "DOI": "10.1162/rest.2006.88.1.100"
  },
  {
   "key": "CIT0019",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/1540-6229.00459"
  },
  {
   "key": "CIT0020",
   "doi-asserted-by": "publisher",
   "DOI": "10.1093/rfs/hhg006"
  },
  {
   "key": "CIT0021",
   "doi-asserted-by": "crossref",
   "first-page": "161",
   "DOI": "10.1111/j.1475-6803.1979.tb00028.x",
   "volume": "2",
   "journal-title": "Journal of Financial Research"
  },
  {
   "key": "CIT0022",
   "unstructured": "Investment Property Forum.\n                      Liquidity in Commercial Property Markets\n                      . IPF Educational Trust Research Report, London, 2004."
  },
  {
   "key": "CIT0023",
   "doi-asserted-by": "crossref",
   "unstructured": "Jones, C. A Century of Stock Market Liquidity and Trading Costs. Working Paper, Graduate School of Business, Columbia University, 2002.",
   "DOI": "10.2139/ssrn.313681"
  },
  {
   "key": "CIT0024",
   "doi-asserted-by": "publisher",
   "DOI": "10.1006/juec.2000.2180"
  },
  {
   "key": "CIT0025",
   "doi-asserted-by": "crossref",
   "unstructured": "Krainer, J., M. Spiegel, and N. Yamori. Asset Price Declines and Real Estate Market Liquidity: Evidence from Japanese Land Values. Working Paper 2004-16, Federal Reserve Bank of San Francisco, 2004.",
   "DOI": "10.2139/ssrn.631821"
  },
  {
   "key": "CIT0026",
   "doi-asserted-by": "publisher",
   "DOI": "10.2307/2556060"
  },
  {
   "key": "CIT0027",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/0022-1082.00280"
  },
  {
   "key": "CIT0028",
   "unstructured": "Lin, Z. and K. Vandell. Illiquidity and Pricing Biases in the Real Estate Market. Working Paper, University of Wisconsin, 2005."
  },
  {
   "key": "CIT0029",
   "unstructured": "Lowry, C. Four Lessons of the Disconnect. Institute of Fiduciary Education. Prudential Real Estate Investors, Fall 2004."
  },
  {
   "key": "CIT0030",
   "unstructured": "Novy-Marx, R. The Microfoundations of Hot and Cold Markets. Working Paper, University of Chicago Graduate School of Business, 2004."
  },
  {
   "key": "CIT0031",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/j.1467-937X.2006.383_1.x"
  },
  {
   "key": "CIT0032",
   "unstructured": "Piqueira, N. Trading Activity, Illiquidity Costs and Stock Returns. Princeton University Working Paper, 2004."
  },
  {
   "key": "CIT0033",
   "doi-asserted-by": "publisher",
   "DOI": "10.1111/1540-6229.00487"
  },
  {
   "key": "CIT0034",
   "doi-asserted-by": "crossref",
   "unstructured": "Scheinkman, J. and W. Xiong. Heterogeneous Beliefs, Speculation and Trading in Financial Markets. Working Paper, Princeton University, 2004.",
   "DOI": "10.1007/978-3-540-44468-8_3"
  },
  {
   "key": "CIT0035",
   "doi-asserted-by": "publisher",
   "DOI": "10.2307/2118444"
  },
  {
   "key": "CIT0036",
   "doi-asserted-by": "publisher",
   "DOI": "10.1086/261734"
  }
 ],
 "container-title": [
  "Journal of Real Estate Research"
 ],
 "language": "en",
 "link": [
  {
   "URL": "https://www.tandfonline.com/doi/pdf/10.1080/10835547.2008.12091217",
   "content-type": "unspecified",
   "content-version": "vor",
   "intended-application": "similarity-checking"
  }
 ],
 "deposited": {
  "date-parts": [
   [
    2022,
    12,
    19
   ]
  ],
  "date-time": "2022-12-19T17:30:44Z",
  "timestamp": 1671471044000
 },
 "score": 113.58012,
 "resource": {
  "primary": {
   "URL": "https://www.tandfonline.com/doi/full/10.1080/10835547.2008.12091217"
  }
 },
 "issued": {
  "date-parts": [
   [
    2008,
    1,
    1
   ]
  ]
 },
 "references-count": 36,
 "journal-issue": {
  "issue": "2",
  "published-print": {
   "date-parts": [
    [
     2008,
     1,
     1
    ]
   ]
  }
 },
 "alternative-id": [
  "10.1080/10835547.2008.12091217"
 ],
 "URL": "https://doi.org/10.1080/10835547.2008.12091217",
 "ISSN": [
  "0896-5803",
  "2691-1175"
 ],
 "issn-type": [
  {
   "value": "0896-5803",
   "type": "print"
  },
  {
   "value": "2691-1175",
   "type": "electronic"
  }
 ],
 "published": {
  "date-parts": [
   [
    2008,
    1,
    1
   ]
  ]
 }
}