This paper examines the performance of active US domestic real estate mutual funds (REMFs) relative to a passive benchmark, both before and after fund managers' compensation. We consider both the REMF sector as a whole, and also individual funds, separately against stock market and real estate...

The increasing impacts of natural disasters on disadvantaged rural areas, especially in developing countries, have led to concerns regarding post-disaster rural settlement reconstruction. Various approaches, including resettlement and in-situ reconstruction, have been adopted, both of which...

In recent years the rapid development of complex network theory has provided a new angle on the vulnerability analysis of a power grid. However, current analysis models are usually general ones that may ignore some specific features of power systems. In order to address the issue, this paper...

Jiangsu Province is one of the planned strategic areas for wind power development in China, but its current development of wind power industry is not so outstanding. Since, Jiangsu would encounter little market resistance, this paper focuses on the evaluation of resource capacity for wind power...

We examine the performance of global active real estate mutual fund (REMF) industry as a whole and at individual fund level, relative to the global real estate and stock markets, and both before and net of expenses. We have used the cross-sectional bootstrap to separate genuine skills from luck....

We firstly examine the performance of active sector funds as a whole as equal- and value-weighted portfolios, against a stock market benchmark (Carhart four-factor model), an associated sector market benchmark, and the combined five-factor model benchmarks. We consider the gross and net returns...

In this paper, cluster analytical techniques are used to examine dimensions of diversification in UK commercial property markets. A variety of techniques are used on a dataset which contains property returns for 156 property markets (67 retail locations, 64 office locations and 25 industrial...

Real estate research has a long and extensive history of analyzing space market dynamics. Nonetheless, two areas have been under researched. Regional panels of data have been rarely analyzed. Moreover, due to data constraints, the retail market has been studied much less than other market...