Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/1170
Citations
Scopus Web of Science® Altmetric
?
?
Type: Journal article
Title: Structural breaks, diversification and international real estate markets - some new evidence
Author: Wilson, P.
Zurbrugg, R.
Citation: Briefings in Real Estate Finance, 2002; 1(4):348-366
Publisher: Henry Stewart Publications
Issue Date: 2002
ISSN: 1473-1894
1555-0990
Statement of
Responsibility: 
Patrick J. Wilson, Ralf Zurbruegg
Abstract: <jats:title>Abstract</jats:title><jats:p>This paper presents further evidence that real estate markets around the world are interrelated. Although it is shown that an initial examination may reveal that international real estate markets are not linked, once structural changes are accounted for, it becomes apparent that there are long‐running relationships in securitised real estate returns across the world. This paper also shows that monetary changes in the USA – the world's leading economy – can impact on international real estate markets. This has major implications for investment and fund managers alike, who must reconsider the benefits of international real estate diversification. Copyright © 2002 Henry Stewart Publications</jats:p>
Keywords: international real estate markets
real estate investment
regime shifts
cointegration
Description: The definitive version may be found at www.wiley.com
DOI: 10.1002/bref.44
Published version: http://dx.doi.org/10.1002/bref.44
Appears in Collections:Aurora harvest 7
Business School publications

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.