The Long - Run Dynamics between Direct and Securitized Real Estate
作者： Elias Oikarinen , Camilo Serrano , Martin Hoesli
DOI: 10.1080/10835547.2011.12091299
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摘要: This study presents evidence of cointegration between securitized (NAREIT) and direct (NCREIF) real estate total return indices. Since the two indices are cointegrated with one another ...
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