Showing 1 - 10 of 56
Persistent link: https://www.econbiz.de/10003061465
Persistent link: https://www.econbiz.de/10003354364
Persistent link: https://www.econbiz.de/10003287306
Persistent link: https://www.econbiz.de/10003446986
Persistent link: https://www.econbiz.de/10003936777
Persistent link: https://www.econbiz.de/10003936784
Persistent link: https://www.econbiz.de/10003937106
Persistent link: https://www.econbiz.de/10003937119
This paper uses fractional cointegration analysis to examine whether long-run relations exist between securitized real estate returns and three sets of variables frequently used in the literature as the factors driving securitized real estate returns. That is, we examine whether such...
Persistent link: https://www.econbiz.de/10003970286
Using data for the 1978-2008 period, this study presents evidence for cointegration between securitized (NAREIT) and direct (NCREIF) total return indices. Cointegration between the indices indicates that REITs and direct real estate are substitutable in the portfolio of a long-horizon...
Persistent link: https://www.econbiz.de/10003970466