The purpose of this paper is to compare three different index construction methodologies of commercial property …

management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog …

constant over time? (iii) If it is not, can we use the tail index as an indicator for financial market risk and does it add … significant heaviness of the tails of the Bund future returns. The tail index is on average around 3, implying the nonexistence of … Zeitablauf konstant? (iii) Kann ein Tail-Index Informationen Äuber den Grad von Marktunsicherheit liefern, die klassische …

verlaufen, im Wohnimmobilienmarkt gibt es hingegen noch Diversifikationspotenziale. Deutschland hebt sich jeweils von der …

In this paper an index of financial competitiveness is calculated that corresponds to the market-to-book ratio of … inflation rates and registered patents have a positive impact on the index. Institutional factors like EMU membership or Anglo …

Open-end real estate funds (so called “Offene Immobilienfonds”) play a major role in the German market for securitised …