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Examining US data, this study uses techniques of cointegration analysis to test whether real estate investment trusts (REITs) are a useful hedge against inflation. Johansen tests seem to indicate that REITs are cointegrated with the general price level. This is true for a broad REIT index as...
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. Initial results show that relative changes in consumer confidence in the USA and the Eurozone (CCI), relative consumer price …
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in the USA. In the third step, we display some alternatives to the plutocratic aggregate method, and we establish its …
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