Jr, Richard J. Buttimer; Chen, Jun; Chiang, I-Hsuan Ethan - In: Managerial Finance 38 (2012), pp. 249-279
Purpose - The purpose of this paper is to study performance and market timing ability of equity real estate investment trusts (REITs). Design/methodology/approach - The authors use classical regression-based framework and their multi-index, multifactor, and conditional extensions to jointly...