diversification when E-REITs belong to the investment opportunity set. We find that diversification into REITs increases both the … Sharpe ratio and the certainty equivalent of wealth for all investment horizons and for both Classical and Bayesian (who …

diversification when E-REITs belong to the investment opportunity set. We find that diversification into REITs increases both the … Sharpe ratio and the certainty equivalent of wealth for all investment horizons and for both Classical and Bayesian (who …

-of-sample gains from diversification when E-REITs belong to the investment opportunity set. We find that diversification into REITs … increases both the Sharpe ratio and the certainty equivalent of wealth for all investment horizons and for both Classical and …

"This paper studies the relationship between civil war and private investment in a poor, resource abundant country …

diversification when E-REITs belong to the investment opportunity set. We find that diversification into REITs increases both the … Sharpe ratio and the certainty equivalent of wealth for all investment horizons and for both Classical and Bayesian (who …