Beiträge in referierten Zeitschriften (Refereed papers)

Kaiser, Carina, Freybote, Julia und Schäfers, Wolfgang (2023) Governmental Restrictions and Real Estate Investor Risk Perception by. The Journal of Real Estate Finance and Economics

Ploessl, F., Paulus, N.M., Just, T. (2023), “Trade vs. Daily Press: The Role
of News Coverage and Sentiment in Real Estate Market Analysis”, Journal of
Property Research

Krämer, B., Nagl C., Stang M., Schäfers, W. (2023), “Explainable AI in a Real Estate Context – Exploring the Determinants of Residential Real Estate Values”, Journal of Housing Research

von Ahlefeldt-Dehn, B., Cajias, M. and Schäfers, W. (2022), "Forecasting office rents with ensemble models – the case for European real estate markets", Journal of Property Investment & Finance

Deppner, J., Cajias, M. (2022): Accounting for Spatial Autocorrelation in Algorithm-Driven Hedonic Models: A Spatial Cross-Validation Approach, The Journal of Real Estate Finance & Economics

Paulus, N.M., Koelbl, M., Schäfers, W. (2022), "Can textual analysis solve the underpricing puzzle? A US REIT study", Journal of Property Investment & Finance, Vol. 40 No. 6, pp. 548-570

Stang, M., Kraemer, B., Nagl, C., Schaefers W. (2022), “From human business to machine learning—methods for automating real estate appraisals and their practical implications”, Zeitschrift für Immobilienökonomie

Lorenz, Felix , Willwersch, Jonas , Cajias, Marcelo und Fuerst, Franz (2022) Interpretable machine learning for real estate market analysis. Real Estate Economics.

Koelbl, M., Laschinger, R., Steiniger, B.I., Schaefers, W. (2021): Can Risks be Good News? Revealing Risk Perception of Real Estate Investors using Machine Learning  European Accounting Review 

Nagl, C. (2021): Sentiment Analysis within a Deep Learning Probablistic Framework - New Evidence from Residential Real Estate in the United States Journal of Housing Economics 

Cajias, M., Willwersch, J., Lorenz, F., Schaefers, W. (2020): Artificial intelligence and rental markets: Revealing value potential in residential real estate through algorithm-driven hedonic models Real Estate Finance

Braun, J. (2020): REIT property development and stock price crash risk, In: Journal of Real Estate Portfolio Management 

Oertel, C., Willwersch, J., Cajias, M. (2020): Do cross-border investors benchmark commercial real estate markets? Journal of European Real Estate Research, 13(1), 83-103

Cajias, M., Freudenreich, P., Freudenreich, A., Schäfers, W. (2020): Liquidity and prices: a cluster analysis of the German residential real estate market Journal of Business Economics 90, 1021–1056

Koelbl, M. (2020): Is the MD&A of US REITs informative? A textual sentiment study. In: Journal of Property Investment & Finance, 38 (3), 181-201

Cajias, M.; Freudenreich, P.; Freudenreich, A. (2020): Exploring the determinants of real estate liquidity from an alternative perspective: censored quantile regression in real estate research In: Journal of Business Economics 90, 1057–1086

Braun, J., Hausler, J., Schäfers, W. (2020): Artificial intelligence, news sentiment, and property market liquidity Journal of Property Investment & Finance, 38 (4), 309-325

Beracha, E., Lang, M., Hausler, J. (2019): On the Relationship between Market Sentiment and Commercial Real Estate Performance—A Textual Analysis Examination  Journal of Real Estate Research, 41(4), 605-637

Lorenz, F. (2019): Underpricing and market timing in SEOs of European REITs and REOCs Journal of Property Investment & Finance, 38 (3), 163-180

Ascherl, C., Schrand, L., Schaefers, W. (2019): The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors Journal of Property Research, 36(4), 313-342

Schrand, L.; Just, T. (2019): Diversity and group performance in a complex real estate project situation Journal of European Real Estate Research, 12 (1), 62-78

Ascherl, C., Schaefers, W. (2018): REITs and REOCs and their Initial Stock Market Performance: A European Perspective Journal of European Real Estate Research 11 (1), 4-27

     
Cajias, M.; Freudenreich, P. (2018): Exploring the determinants of liquidity with big data – market heterogeneity in German markets Journal of Property Investment & Finance, 36 (1), 3-18

     
Ruscheinsky, J.; Lang, M.; Schaefers, W. (2018): Real Estate News Sentiment through Textual Analysis  Journal of Property Investment & Finance, 36 (5), 410-428

     
Hausler, J.; Ruscheinsky, J.; Lang, M. (2018): News-Based Sentiment Analysis in Real Estate: A Machine-Learning Approach Via Support Vector Networks Journal of Property Research, 35 (4), 344-371

     
Kandlbinder, K.; Dietzel, M. A. (2018): Intraday Online Information Demand and its Relationship with REIT Prices  Journal of Real Estate Portfolio Management, 25 (2), 113-127

     
Kandlbinder, K.; Miller, N. G.; Sklarz, M. (2018): Leveling the playing field: Out-of-town buyer Premiums in US Housing Markets over time International Journal of Housing Markets and Analysis, 12 (3), 377-404

     
Schrand, L.; Ascherl, C.; Schaefers, W. (2018): Gender Diversity and Financial Performance: Evidence on US Real Estate Companies Journal of Property Research, 35(4), 296-320

     
Dietzel, M.(2016): Sentiment-Based Predictions of Housing Market Turning Points with Google Trends International Journal of Housing Markets and Analysis 9 (1), 2016, S.108-136

Scholz, A.;Rochdi, K.;Schäfers, W.(2015): Does asset liquidity matter? Evidence from real estate stock markets  Journal of European Real Estate Research 8 (3), 2015, S.220-232 

Kerscher, A.;Schäfers, W.(2015): Corporate Social Responsibility and the Market Valuation of Listed Real Estate Investment Companies In: Zeitschrift für Immobilienökonomie 1 (2), 2015, S. 117-143

Dietzel, M. Rochdi, K.(2015): Outperforming the Benchmark: Online Information Demand and REIT Market Performance In: Journal of Property Investment and Finance 33 (3), 2015, S.169-195

Wurstbauer, D.;Lang, S.;Rothballer, C.;Schäfers, W.(2015): Can Common Risk Factors Explain Infrastructure Equity Returns? Evidence from European Capital Markets In: Journal of Property Research 33 (2), 2016, S.97-120

Lang, S.;Schäfers, W.(2015): Examining the Sentiment-Return Relationship in European Real Estate Stock Markets In: Journal of European Real Estate Research 8 (1), 2015, S.24-45

Wurstbauer, D.;Schäfers, W.(2015): Inflation Hedging and Protection Characteristics of Infrastructure and Real Estate Assets In: Journal of Property Investment and Finance 33 (1), 2015, S.19-44

Scholz, A.;Lang, S.;Schäfers, W.(2014): Liquidity and Real Estate Asset Pricing: a pan-European Study In: Journal of European Real Estate Research 7 (1), 2014, S.59-86

Dietzel, M.;Braun, N.;Schäfers, W.(2014): Sentiment-based Commercial Real Estate Forecasting with Google Search Volume Data In: Journal of Property Investment and Finance 32 (6), 2014, S.540-569

Käsbauer, M.;Hohenstatt, R.;Reed, R.(2012): Direct versus Search Engine Traffic: An Innovative Approach to Demand Analysis in the Property Market In: International Journal of Housing Markets and Analysis 5 (4), 2012, S.392-413

Kohl, N.;Schäfers, W.(2012): Corporate Governance and Market Valuation of Publicly Traded Real Estate Companies: Evidence from Europe In: The Journal of Real Estate Finance and Economics 44 (3), 2012, S.362-393

Schulte, K-M.;Dechant, T.;Schäfers, W.(2011): Systematic Risk Factors in European Real Estate Equities In: Journal of European Real Estate Research, 2011(4), S.185-224

Hohenstatt, R.;Käsbauer, M.;Schäfers, W.(2011): "Geco" and its potential for real estate research: Evidence from the US housing market In: Journal of Real Estate Research 33 (4), 2011, S.471-507

Hohenstatt, R.;Offer, P.;Schäfers, W.(2010): Auswirkungen der Kapitalstruktur auf die Performance von börsennotierten Immobilienunternehmen In: Zeitschrift für Immobilienökonomie 2, 2010, S.27-40

Finkenzeller, K.;Dechant, T.;Schäfers, W.(2010): Infrastructure: a new dimension of real estate? An asset allocation analysis In: Journal of Property Investment and Finance 28 (4), 2010, S.263-274

Bone-Winkel, S.;Schäfers, W.;Pfeffer, T.(2009): Performance von REITs – Zusammenhang und Zeitverschiebungen zwischen Mietmarktzyklen und Ergebnisentwicklung In: Zeitschrift für Immobilienökonomie 2, 2009, S.39-57

Schäfers, W.(1999): Corporate Real Estate Management: Evidence from German Companies In: The Journal of Real Estate Research 17 (3), 1999, S.301-320