REITs and market friction

作者: Benjamin Blau , Jared F. Egginton , Matthew Hill

DOI: 10.1007/S11156-014-0459-Z

关键词:

摘要: … Our univariate and multivariate findings indicate REIT delay … The liquidity variables are staggered throughout columns 4 … Table 5 reports results from difference-in-difference OLS …

参考文章(54)
C. F. Sirmans, Zhilan Feng, S. McKay Price, Review Articles: An Overview of Equity Real Estate Investment Trusts (Reits): 1993-2009 Journal of Real Estate Literature. ,vol. 9, pp. 307- ,(2011)
David H. Downs, Z. Nuray Gu¨ner, Gary A. Patterson, Capital distribution policy and information asymmetry: A real estate market perspective. Journal of Real Estate Finance and Economics. ,vol. 21, pp. 235- 250 ,(2000) , 10.1023/A:1012099602585
K. P. Anderson, Chris Brooks, Sotiris Tsolacos, Testing for Periodically Collapsing Rational Speculative Bubbles in US REITs Social Science Research Network. ,(2009) , 10.2139/SSRN.1480350
Scott Below, Joseph Kiely, Willard McIntosh, An Examination of Informed Traders and the Market Microstructure of Real Estate Investment Trusts Journal of Real Estate Research. ,vol. 10, pp. 335- 361 ,(1995) , 10.1080/10835547.1995.12090790
Chinmoy Ghosh, C. F. Sirmans, Board Independence, Ownership Structure and Performance: Evidence from Real Estate Investment Trusts Journal of Real Estate Finance and Economics. ,vol. 26, pp. 287- 318 ,(2003) , 10.1023/A:1022932326610
Kiely Joseph, McIntosh Willard, Below Scott, REIT Pricing Efficiency; Should Investors Still Be Concerned? Journal of Real Estate Research. ,vol. 12, pp. 397- 412 ,(1996) , 10.1080/10835547.1996.12090846
Ko Wang, John Erickson, Su Chan, Does the REIT Stock Market Resemble the General Stock Market Journal of Real Estate Research. ,vol. 10, pp. 445- 460 ,(1995) , 10.1080/10835547.1995.12090798
Bartley R. Danielsen, David M. Harrison, The Impact of Potential Private Information on REIT Liquidity Journal of Real Estate Research. ,vol. 19, pp. 49- 72 ,(2000) , 10.1080/10835547.2000.12091010
Steven D. Dolvin, Mark K. Pyles, REIT IPOs and the Cost of Going Public The Journal of Real Estate Finance and Economics. ,vol. 39, pp. 92- 106 ,(2009) , 10.1007/S11146-007-9101-3