Showing 1 - 10 of 37
"Tail dependence" characterizes the cross market linkages during stressful times. Analylzing tail dependence is of primary interest to portfolio managers who systematically monitor the co-movements of assets markets. However, the relevant literature on real estate securities markets is very...
Persistent link: https://www.econbiz.de/10013104416
Persistent link: https://www.econbiz.de/10003622024
This study investigates the spillover effect of corporate headquarters relocation on the local housing market. Using a comprehensive database to identify corporate relocation events in the U.S. from 1994 to 2017, we show that moving a corporate headquarters into a district is significantly...
Persistent link: https://www.econbiz.de/10012824278
This paper utilizes timely proprietary data to examine the contemporary impact of the COVID-19 pandemic on commercial property rent dynamics in the Asia-Pacific region. Given that the Asia-Pacific region was the first to be impacted by the public health crisis, it is important to examine how the...
Persistent link: https://www.econbiz.de/10012626563
Persistent link: https://www.econbiz.de/10003797426
Persistent link: https://www.econbiz.de/10003609284
Persistent link: https://www.econbiz.de/10009522910
Persistent link: https://www.econbiz.de/10002493207
The initial public offerings (IPO) in the stock market can relate to the real estate market through different channels. An increase in IPO may represent an improvement in the “market sentiment,” which would also stimulate the real estate market. IPO can also increase the demand on commercial...
Persistent link: https://www.econbiz.de/10013135560
This paper studies the connection between the capital market and the real estate market. Empirically, we find that positive real house price shocks lower the external finance premium and stimulate nonresidential investment and real GDP. Our theoretical framework is able to mimic the volatility...
Persistent link: https://www.econbiz.de/10013135962