Chiu, Banghan; Lee, Ming-Te; Lee, Ming-Long; Chiang, Kevin - In: Applied Economics Letters 17 (2010) 16, pp. 1633-1640
This study examines the linkage between mortgage Real Estate Investment Trust (REIT) returns and the private real estate factor. The results show that real estate sensitivities of mortgage REITs are time varying and have been significant since 2000. Furthermore, home-financing mortgage REITs...
