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prof. dr. M.K. (Marc) Francke

Faculty of Economics and Business
Sectie Finance
Photographer: FEB

Visiting address
  • Plantage Muidergracht 12
  • Room number: M3.10
Postal address
  • Postbus 15953
    1001 NL Amsterdam
Contact details
  • Profile

    Positions

    Professor Real Estate Valuation

    Research interests

    Real Estate, Valuation,Real Estate Price Indexes, Real Estate Price Dynamics, Mass Appraisal, Housing Markets, Commercial Real Estate, Econometrics, Time Series, State space models, Kalman filter, Machine learning, Fintech

    Dissertation title

    Marginal Likelihood in State-space models. Theory and Applications

  • Teaching

    Teaching activities

    Current year

    Real Estate Valuation and Investment 

    Course materials are available through the UvA Blackboard Server

  • Other activities

    Head of Real Estate Research at Ortec Finance Research Center 

  • Links
  • Publications

    2019

    • van de Minne, A. M., Francke, M. K., Geltner, D. M., & White, R. M. (2019). Using Revisions as a Measure of Price Index Quality in Repeat-Sales Models. Journal of Real Estate Finance and Economics, 1-40. [forthcoming]. https://doi.org/10.1007/s11146-018-9692-x

    2018

    2017

    2015

    • van Bragt, D., Francke, M. K., Singor, S. N., & Pelsser, A. (2015). Risk-neutral valuation of real estate derivatives. Journal of Derivatives, 23(1), 89-110. https://doi.org/10.3905/jod.2015.23.1.089 [details]
    • van der Windt, N., Francke, M., de Vries, P., & van Dalen, P. (2015). Woningprijzen koppelen zich regelmatig los van fundamenten: meer inzicht in de woningprijsdynamiek. Real Estate Research Quarterly, 14(2), 4-11. [details]

    2014

    • Francke, M. K., & Schilder, F. P. W. (2014). Losses on Dutch residential mortgage insurances. Journal of European Real Estate Research, 7(3), 307-326. https://doi.org/10.1108/JERER-01-2014-0008 [details]
    • Francke, M., van Gool, P., & van de Minne, A. (2014). Prijsindex voor commercieel vastgoed: gebaseerd op beleggingstransacties. Real Estate Research Quarterly, 13(4), 47-58. [details]

    2013

    • Constantinescu, M., & Francke, M. (2013). The historical development of the Swiss rental market: A new price index. Journal of Housing Economics, 22(2), 135-145. https://doi.org/10.1016/j.jhe.2013.02.004 [details]
    • Francke, M., & van de Minne, A. (2013). Starters slaan hun slag! woningmarkt in de uitverkoop. Real Estate Research Quarterly, 12(4), 33-39. [details]
    • de Wit, E. R., Englund, P., & Francke, M. K. (2013). Price and transaction volume in the Dutch housing market. Regional Science and Urban Economics, 43(2), 220-241. https://doi.org/10.1016/j.regsciurbeco.2012.07.002 [details]

    2012

    • van de Minne, A., & Francke, M. K. (2012). De waardebepaling van grond en opstal: een hedonisch prijsmodel. Real Estate Research Quarterly, 11(3), 14-24. [details]

    2010

    2009

    • Francke, M. K., Kuijl, T., & Kramer, B. (2009). Betrouwbaarheid huizenprijsindices. Real Estate Research Quarterly, 8(3), 5-11. [details]
    • Kramer, B., Kuijl, T., & Francke, M. K. (2009). Invloed woningprijsfluctuaties. Real Estate Research Quarterly, 8(3), 12-19. [details]

    2007

    2005

    • Francke, M. K. (2005). Taxeren van courant onroerend goed zonder referentieverkopen. Property Research Quarterly, 5, 28-35.

    2000

    • Francke, M. K., & de Vos, A. F. (2000). Efficient Computation of Hierarchical Trends. Journal of Business & Economic Statistics, 18(1), 51-57. https://doi.org/10.2307/1392136

    2010

    • de Wit, E. R., Englund, P., & Francke, M. (2010). Price and transaction volume in the Dutch housing market. (Tinbergen Institute Discussion Paper; No. TI 2010-039/2). Amsterdam: Tinbergen Institute. [details]

    2009

    • Francke, M. K., Kuijl, T., & Kramer, B. (2009). A comparative analysis of Dutch house price indices. In Proceedings of the 16th European Real Estate Society Conference (ERES 2009) [details]

    2008

    2002

    2000

    • Vos, G. A., & Francke, M. K. (2000). Een gestandaardiseerde NVM prijsindex voor de Regionale Koopwoningmarkt. Amsterdam: SBV / Universiteit van Amsterdam. [details]
    • Vos, G. A., & Francke, M. K. (2000). Een hedonische huizenprijsindex voor de Regio Breda. Amsterdam: SBV / Universiteit van Amsterdam. [details]
    • Vos, G. A., & Francke, M. K. (2000). Standardised Price Indices for the Regional Housing Market. In 7th ERES Real Estate Conference Proceedings (pp. 1-21). Bordeaux, France. [details]

    2018

    • Schaaf, M., Groenewegen, J., & Francke, M. (2018). Huizenprijzen volgen sentiment in media. Economisch-Statistische Berichten, 103(4767), 495-497. [details]

    2017

    • Dröes, M., & Francke, M. (2017). De relatie tussen prijzen en transactievolumes in Europese woningmarkten. Real Estate Research Quarterly, 16(2), 18-26. [details]
    • Francke, M., Harleman, F., & Kosterman, W. (2017). Determinanten en dynamiek van de huren in de vrije sector. Economisch-Statistische Berichten, 102(4752), 377-379. [details]
    • van Dijk, D., Francke, M., & Mastrogiacomo, M. (2017). Beperking hypotheekrisico zichtbaar met loan level data. Economisch Statistische Berichten, 102(4749S), 27-31. [details]

    2015

    • Francke, M., van de Minne, A., & Verbruggen, J. (2015). De sterke gevoeligheid van woningprijzen voor kredietvoorwaarden. Economisch-Statistische Berichten, 100(4713 & 4714), 426-429. [details]

    2013

    • Francke, M., & Schilder, F. (2013). Schade en schuld op de hypotheekmarkt. Economisch-Statistische Berichten, 98(4668), 558-560. [details]

    2011

    • Francke, M. (2011). Kwaliteitsbeoordeling van een model en de kenmerken. In J. M. Mes (Ed.), Syllabus VastgoedCert: hercerificering 2012: modelmatige waardebepaling (pp. 7-32). Rotterdam: Vastgoedcert. [details]
    • Francke, M. (2011). Waarderingsmodellen voor de vergelijkingsmethode. In J. M. Mes (Ed.), Syllabus VastgoedCert: hercerificering 2012: modelmatige waardebepaling (pp. 33-51). Rotterdam: Vastgoedcert. [details]

    2010

    • Francke, M. (2010). Casametrie: de kunst van het modelleren en het voorspellen van de marktwaarde van meningen. (Oratiereeks Universiteit van Amsterdam). Amsterdam: Vossiuspers UvA. [details]
    • Francke, M. (2010). Krimp en woningprijzen: De invloed van demografische krimp op de woningprijs. Rotterdam: SEV. [details]
    • Francke, M. (2010). A state-space model for residential real estate valuation. Aenorm, 18(68), 4-7. [details]
    • Francke, M. K. (2010). Casametrics. English summary of inaugural lecture. Amsterdam: University of Amsterdam.
    • Francke, M. K. (2010). Modelmatige bepaling van de waarde in het economische verkeer. In P. J. M. de Graaff-Saarloos, & I. Vermeulen (Eds.), WOZ-taxatie: Editie 2010 (pp. 187-198). (Zakboekje WOZ-taxaties). Doetinchem: Reed Elsevier. [details]

    2009

    • Francke, M. K. (2009). Modelmatige bepaling van de waarde in het economisch verkeer. In P. J. M. Saarloos (Ed.), Zakboekje WOZ-taxaties. - 4e dr. (pp. 192-199). Doetinchem: Reed Business. [details]

    2008

    • Francke, M. K. (2008). Modelmatige waardebepaling. In P. J. J. M. van den Bosch, & J. M. Monsma (Eds.), WOZ-praktijkpakket Doetinchem: Reed Business. [details]
    • Saarloos, P. J. M., & Francke, M. K. (2008). Onderbouwing taxatie. In P. J. J. M. van den Bosch, & J. M. Monsma (Eds.), WOZ-praktijk pakket Doetinchem: Reed Business. [details]

    Others

    • Dröes, M. (organiser) & Francke, M. K. (organiser) (3-7-2017 - 5-7-2017). AREUEA international (organising a conference, workshop, ...).

    2016

    • Dröes, M. I., & Francke, M. K. (2016). What Causes the Positive Price-Turnover Correlation in European Housing Markets? (Tinbergen Institute Discussion Paper; No. 2016-008/IV). Amsterdam: Tinbergen Institute. https://doi.org/10.2139/ssrn.2728323 [details]

    2015

    2013

    • Francke, M., & van de Minne, A. (2013). Land, Structure & Depreciation. Amsterdam: University of Amsterdam. [details]
    • Francke, M., & van de Minne, A. (2013). The effects of demographic changes and supply constraints on Dutch housing prices. (ASRE Research Papers; No. 2013-07). Amsterdam: Amsterdam School of Real Estate, Universiteit van Amsterdam. [details]

    2012

    • Constantinescu, M., & Francke, M. (2012). The historical development of the Swiss rental market: a new price index. (OFRC Applied Paper; No. 2012-02). Rotterdam: Ortec Finance Research Center. [details]

    2011

    • Francke, M. K., & Constantinescu, M. (2011). The historical development of the Swiss rental market: A new price index. Amsterdam: University of Amsterdam.

    2010

    • Francke, M. K. (2010). Comparing markets rents from a user cost and reaction model. (OFRC working paper series. Applied working paper; No. 2010-03). Rotterdam: Ortec Finance Research Center. [details]

    2009

    • Francke, M. K., & de Vos, A. F. (2009). An efficiency correction model. Amsterdam: University of Amsterdam Business School, Faculty of Economics and Business. [details]
    • Francke, M. K., Vujic, S., & Vos, G. A. (2009). Evaluation of the house price models using an ECM approach: the case of the Netherlands. Amsterdam: Faculteit Economie en Bedrijfskunde. [details]
    • Kramer, B., Kuijl, T., & Francke, M. (2009). The impact of house price index specification levels on the risk profile of housing corporations. (OCFR Working Paper Series; No. 2009-02). Amsterdam: Faculteit Economie en Bedrijfskunde. [details]
    • de Wit, E. R., Englund, K. G. P., & Francke, M. K. (2009). Price and trancation volume in Dutch housing market. Amsterdam: Faculteit Economie en Bedrijfskunde.
    • van Bragt, D., Francke, M., Kramer, B., & Pelsser, A. (2009). Risk-neutral valuation of real estate derivatives. (OFRC working paper series. Technical paper; No. 2009-02). Rotterdam: Ortec Finance Research Center. [details]

    2008

    • Francke, M. K., Koopmans, S. J., & de Vos, A. F. (2008). Likelihood functions for state space models with diffuse initial conditions. (Tinbergen Institute Discussion Paper; No. 08-040/4). Amsterdam: Faculteit Economie en Bedrijfskunde. [details]
    • de Vos, A. F., & Francke, M. K. (2008). Bayesian unit root tests and marginal likelihood. Amsterdam: Department of Econometrics and Operation Research. [details]

    2007

    • Francke, M. K., & de Vos, A. F. (2007). Marginal Likelihood based Tests on Cointegration in the Engle-Granger model. ESEM Conference Budapest.
    This list of publications is extracted from the UvA-Current Research Information System. Questions? Ask the library or the Pure staff of your faculty / institute. Log in to Pure to edit your publications. Log in to Personal Page Publication Selection tool to manage the visibility of your publications on this list.
  • Ancillary activities
    • ORTAX
      Directeur
    • Ortec Finance
      Head of Real Estate Research