| 000 | 01153cab a2200193 4500 | ||
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| 001 | ##L134586 | ||
| 008 | 060817n2006 000 0 eng u | ||
| 035 | _a(Sirsi) u134586 | ||
| 041 | 0 | _aeng | |
| 100 | 1 | _aLee, Stephen | |
| 245 | 0 | 4 | _aThe stability of the co-movements between real estate returns in the UK |
| 260 | _c2006 | ||
| 490 | 0 |
_aJournal of Property Investment and Finance _v24(5) 2006, 434-442(9) |
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| 520 | _aLooks at how useful ex-post data is as a proxy for ex-ante returns in the portfolio problem. The degree of usefulness depends on the stability of the co-movement between returns. Examines the temporal stability of covariance and correlation matrices and individual correlation coefficients using the Box M tests and the methodology of Shaked using monthly real estate data in the UK. Finds that the stability increases consistently and substantially with the lengthening of the investment horizon and holding period. Tables. [Taken from journal abstract]. | ||
| 590 | _aIKA220806 | ||
| 651 | 4 |
_aUnited Kingdom _y |
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| 690 | _aPROPERTY-PROPERTY FINANCE AND INVESTMENT-PROPERTY INVESTMENT PERFORMANCE MEASUREMENT | ||
| 942 | _n0 | ||
| 999 |
_c77581 _d77581 |
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