참고문헌
- Bank of Korea. Economic Statistics System (http://ecos.bok.or.kr).
- Black,F.,Jensen,M.,andScholes,M. (1972). "The Capital Asset Pricing Model : Some Empirical Test. New York." Praeger Publishers, pp. 79-121.
- Fama,E.,and MacBeth,J. (1973). "Risk, Return, and Equilibrium: Empirical Tests." Journal of Political Economy, 81(3), pp. 607-636. https://doi.org/10.1086/260061
- Jun,Jaebum. (2013). Lecture Note of Real Estate Investment Theory at Kangwon National University.
- Kim,H.,and Kim,H. (2006). "A Study on the Characteristics of Regional Land Price Fluctuation Using CAPM in Korea." Journal of Korea Planning Association ,41(2),pp. 121-137.
- Kim,M. (1998). "An Empirical Study on the Application Possibility of the Capital Asset Pricing Model in Korea Land Market." Thesis, Konkuk University, 72.
- Lee, D., and Lee, Y. (2012). "Study on Estimation of Market Capitalization Rates of the Office Building Market." The Koea Spatial Planning Review, 75, pp. 105-128. https://doi.org/10.15793/kspr.2012.75..007
- Lee,S.,andLee,H. (2005). "Estimation of Capitalization Rates and Gross Income Multipliers in Seoul Office Market."Journal of Korea Planning Association,40(6),pp. 245-256.
- Lintner,J. (1965). "The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets." The Review of Economics and Statistics,47(1), pp. 13-37. https://doi.org/10.2307/1924119
- Markowitz,H. (1952)."Portfolio Selection." The Journal of Finance, 7(1), pp. 77-91. https://doi.org/10.1111/j.1540-6261.1952.tb01525.x
- Min,S. (1999). "Study on the Methods of Risk Measurement for the Valuation of Real Estate Investment." Thesis, Yonsei University, 133.
- Min,S.,andKoh,S. (2013). "A Test on the Efficiency of the Office Market in Seoul." Journal of Korea Planning Association,48(1),pp. 69-79.
- Ministry of Land, Infrastructure, and Transport & Korea Appraisal Board. (2009 1Q-2015 3Q). Leasing Trends Survey of Commercial Real Estate Market.
- Moon,H.,and Cho,J. (2012). "A Study on the Risk Premium through Office Capitalization Rate Analysis." Journal of Korea Planning Association,47(3),pp. 345-361.
- Mossin,J. (1966). "Equilibrium in a Capital Asset Market." The EconometricSocietyEconometrica, 34(4), pp.768-783. https://doi.org/10.2307/1910098
- Mullins, D. (1982). "Does the Capital Asset Pricing Mode l Work?" Harvard Business Review.
- Park, J., and Jun, J. (2015a). "Diversified Investment of Commercial Real Estate Assets: Focused on Office Building and Retail Real Estate Markets in Seoul." Korean Journal of Construction Engineering and Management, KICEM, 16(6), pp. 144-155. https://doi.org/10.6106/KJCEM.2015.16.6.144
- Park, J., and Jun, J. (2015b). "Applicability of CAPM (Capital Asset Pricing Model) to Office Building Market in Seoul." Journal of the Architectural Institute of Korea Planning & Design, 31(8), pp. 93-102. https://doi.org/10.5659/JAIK_PD.2015.31.8.93
- Park, J., and Jun, J. (2015a). "Diversified Investment of Commercial Real Estate Assets: Focused on Office Building and Retail Real Estate Markets in Seoul." Korean Journal of Construction Engineering and Management, KICEM, 16(6), pp. 144-155. https://doi.org/10.6106/KJCEM.2015.16.6.144
- Park, J., and Jun, J. (2016). "Application of CAPM (Capital Asset Pricing Model) to Reatail Real Estate Market in Seoul." Appraisal Studies, 15(2), pp. 1-18. https://doi.org/10.23843/as.15.3.1
- Ross, S., Westerfield, R., amd Jaffe, J. (2009). Corporate Finance. 9th ed, McGraw-Hill.
- Ryu,T. (1993). "An Empirical Study of the Capital Asset Pricing Model in Korea Real Estate Market Analysis." Thesis, Korea University, 42.
- Sharpe,W. (1964). "A Theory of Market Equilibrium under Conditions of Risk." The Journal of Finance, 19(3), pp. 425-442
- Shin,J. (1993). "A Study on the Application of the Capital Asset Pricing Model to the Land Market in Korea." Ph.D. Dissertation, Incheon University, 181.
- Suh,B.,and Kim,J. (2006). "A Study on the Price Equilibrium of Korea Housing Market UsingC APM ." Journal Finance and Accounting Information, 6(2), pp. 44-72.
- Yoo,J.,Lee,J.,and Son,J. (2010). "A Preliminary Study on Application of CAPM to Seoul Housing Sub-markets." Journal of the Korea Real Estate Analysts Association, 16(2), pp. 39-57.