Wang, Peijie; Lizieri, Colin; Matysiak, George - In: The European Journal of Finance 3 (1997) 3, pp. 261-275
The relationships between 'direct' and 'indirect' property investment, emphasizing information asymmetry and price discovery, have been investigated in the framework of cointegration and using the concept of Granger causality. The implications of information asymmetry in the market have been...