Chu, Yongqiang; Sing, Tien Foo - 2004
investors. It is therefore timely and pertinent to empirically examine the inflation hedging characteristics of real estate in … China. In this paper, we tested the short-term inflation hedging characteristics of four major Chinese real estate markets … (1977). Based on an Autoregressive Integrated Moving Average (ARIMA) model, the inflation rate is decomposed into two parts …