Gjedsted Nielsen, Mads - 2014 - 1. edition
macroeconomic risk. To represent publicly traded real estate, I use exchange listed US Real Estate Investment Trusts (REITs), and to … database. Because the fundamental asset of the two investment types are the same, it seems reasonable to assume that they … should be related in the long run. In the short run there are, however, several investment-vehicle specific reasons why this …