Cho, Hoon; Kawaguchi, Yuichiro; Shilling, James D - In: The Journal of Real Estate Finance and Economics 27 (2003) 3, pp. 393-405
Fisher, Geltner, and Webb (1993), in a highly influential paper, develop a procedure to recover the underlying market values from a smoothed valuation-based commercial property return index, without assuming that the underlying property market is informationally efficient. Many papers since then...