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R. Kelley Pace
Louisiana Real Estate Commission

Real Estate Research Institute - Director
Department of Finance - Professor
2937 Business Education Complex
Nicholson Extension
Baton Rouge, LA 70803
Phone: 225-578-6256
Fax: 225-578-6366
Email: kpace@lsu.edu

Personal Web Site
Education
Ph D Real Estate, University of Georgia, 1985
BA Finance, College of Idaho, 1979
Courses Taught
FIN 3353 - REAL ESTATE FINANCE
FIN 3930 - FINANCE INTERNSHIP
FIN 7300 - SEM IN REAL ESTATE
FIN 7310 - REAL EST FIN DECISNS
FIN 7900 - IND STUDY IN FIN
FIN 7930 - FINANCE INTERNSHIP
Selected Research Publications

Spatially Interdependent Mortgage Decisions. Zhu, S., and Pace, R. Journal of Real Estate Finance and Economics.

Distressed Properties: Valuation Bias and Accuracy. Zhu, S., and Pace, R. (2012). Journal of Real Estate Finance and Economics, 44, 75-90.

Using Housing Futures in Mortgage Research. Zhu, S., Pace, R., and Morales, W. (2011). Journal of Real Estate Finance and Economics, 1-15.

Spatial Aspects of Commercial Real Estate. Hayunga, D., and Pace, R. (2010). Journal of Real Estate Finance and Economics, 41(2), 103-125.

Spatial Distribution of Retail Sales. Lee, M., and Pace, R. (2005). Journal of Real Estate Finance and Economics, 31(1), 53-69.

Conditioning upon All the Data: Improved Prediction via Imputation. James, L., and Pace, R. (2004). Journal of Real Estate Finance and Economics, 29(2), 233-254.

Spatial Econometrics and Real Estate. Pace, R., and LeSage, J. Journal of Real Estate Finance and Economics, 29(2), 147-148.

Residential Land Values and the Decentralization of Jobs. John, C., Rodriguez, M., and Pace, R. (2001). Journal of Real Estate Finance and Economics, 22(1), 43-61.

Generalizing OLS and the Grid Estimator. Pace, R., and Gilley, O. (1998). Real Estate Economics, 26(2), 331-347.

Spatial Statistics and Real Estate. Pace, R., Barry, R., and Sirmans, C. (1998). Journal of Real Estate Finance and Economics, 17(1), 5-13.

Spatio-Temporal Estimation of Neighborhood Effects. Pace, R., Barry, R., Clapp, J., and Rodriguez, M. (1998). Journal of Real Estate Finance and Economics, 17(1), 15-33.

Using the Spatial Configuration of Data to Improve Estimation. Pace, R., and Gilley, O. (1997). Journal of Real Estate Finance and Economics, 14(3), 333-340.

Relative Efficiencies of the Grid, OLS, and Nearest Neighbor Estimates. Pace, R. (1996). Journal of Real Estate Finance and Economics, 13(3), 203-218.

Improving Hedonic Estimation with an Inequality Restricted Estimator. Gilley, O., and Pace, R. (1995). Review of Economics and Statistics, 77(4), 609-621.

Parametric, Semiparametric, and Nonparametric Estimation of Mass Assessment and Hedonic Pricing Models. Pace, R. (1995). Journal of Real Estate Finance and Economics, 11(3), 195-217.

Nonparametric Methods with Application to Hedonic Models. Pace, R. (1993). Journal of Real Estate Finance and Economics, 7(3), 185-204.

Estimation Employing A Priori Information Within Mass Appraisal and Hedonic Pricing Models. Pace, R., and Gilley, O. (1990). Journal of Real Estate Finance and Economics, 3(1), 55-72.

Books

Introduction to Spatial Econometrics. LeSage, J., and Pace, R. (2009). Boca Raton, Florida, US: CRC Press/Chapman & Hall/Taylor & Francis.

Professional and Service Activities
Information Resources Committee, Committee Member
Employed by LSU since:
1997
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