The Global Real Estate Crash: Evidence from an International Database

摘要: The past decade has been a period of globalization in the world’s investment markets. Access to international broadened dramatically as barriers cross-border have lifted. During 1980’s many equity and debt markets around world performed well, none more so than those emerging Willingness by U.S. investors diversify beyond their borders was based, part, upon availability statistical information about risk return characteristics these markets, well increasing use optimization models manage portfolio return.