Elias Oikarinen


Areas of Expertise

  • Housing economics
  • Real estate investments
  • Urban economics
  • Financial economics
  • Applied time series analysis
Tel.: +358 40 5871943


Academic Background

D.Sc. (Economics), Turku School of Economics, 2007


Real estate economics

Research Interests

  • Housing economics
  • Urban economics
  • Real estate investments
  • Financial economics

Selected Publications

U.S. Metropolitan House Price Dynamics. Journal of Urban Economics, 105: 54-69, 2018. (Together with Bourassa, S., Hoesli, M. and Engblom, J.) 

Regional Variation in the Elasticity of Supply of Housing, and its Determinants: The Case of a Small Sparsely Populated Country. Regional Science and Urban Economics, 50(1): 18-30, 2015. (Together with Peltola, R. and Valtonen, E.) 

Differences in Housing Price Dynamics Across Cities: A Comparison of Different Panel Model Specifications. Urban Studies, 53(11): 2312-2329, 2016. (Together with Engblom, J.)

Is Urban Land Price Adjustment More Sluggish than Housing Price Adjustment. Urban Studies, 51(8): 1686-1706, 2014.

Are REITs Real Estate? Evidence from International Sector Level Data. Journal of International Money and Finance, 31(7): 1823-1850, 2012. (Together with Hoesli, M.)

Empirical Evidence on the Reaction Speeds of Housing Prices and Sales to Demand Shocks. Journal of Housing Economics, 21(1): 41-54, 2012.

Interaction between Housing Prices and Household Borrowing: The Finnish Case. Journal of Banking and Finance, 33(4): 747-756, 2009.

Household Borrowing and Metropolitan Housing Price Dynamics - Empirical Evidence from Helsinki. Journal of Housing Economics, 18(2): 126-139, 2009.

A more comprehensive list of publications is available here: link to Researchgate

Academic Positions and Memberships

  • Adjunct Professor (Docent) in Finance (esp. Real Estate Investments), University of Oulu
  • Member of the Editorial Board: Journal of Real Estate Portfolio Management; Journal of European Real Estate Research; Research on Finnish Society
  • Reviewer for: Journal of Banking and Finance; Real Estate Economics; Scandinavian Journal of Economics; Studies in Non-Linear Dynamics & Econometrics; Urban Studies; Regional Studies; Journal of Risk and Insurance; European Journal of Finance; Applied Economics; The Manchester School; Economic Modelling; Journal of Asian Economics; Journal of Housing Research; Journal of Property Research; Housing, Theory and Society; International Journal of Housing Markets and Analysis; Journal of Economic Sciences and Applied Research; International Journal of Strategic Property Management; Research on Finnish Society; International Review of Economics and Finance; Managerial Finance; Land Use Policy; Journal of Housing Economics