Li, Deqing Diane; Lin, YingChou; Jin, John - In: The International Journal of Business and Finance Research 6 (2012) 3, pp. 41-51
This study examines whether volatility of REIT returns can transmit across national borders. Two competing hypotheses are proposed. The first is the Transportable Risk Hypothesis which suggests geographic risk can be transmitted overseas if the general equity and real estate securities markets...