| 000 | 01449cad a22001935a 4500 | ||
|---|---|---|---|
| 001 | L152272 | ||
| 008 | 110215e1997 xxk 000 0 eng d | ||
| 035 | _a(Sirsi) u152272 | ||
| 041 | 0 | _aeng | |
| 100 | 1 | _aLizieri, Colin | |
| 245 | 0 | 0 |
_aInteractions between property and equity markets _ban investigation of linkages in the United Kingdom 1972-1992 _h[electronic resource] |
| 260 | _c1997 | ||
| 490 | _aJournal of Real Estate Finance and Economics | ||
| 520 | _aTwo strands of real estate research - that concerned with the relationships between securitized real estate and the underlying market and that dealing with the role of property in the wider economy - rarely are considered together. The paper utilizes the U.K. equity market and property company share data to explore the relationships between real estate and the rest of the economy, using a two-sector analytic model. Causality analysis suggests that the wider economy leads the real estate market in the short term but that, with a longer lag structure, positive real estate returns may point to negative future returns in the rest of the economy. This provides weak confirmatory evidence for theories of capital switching between sectors. | ||
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET | ||
| 700 | 1 | _aSatchell, Stephen | |
| 856 | 4 | 0 |
_uhttps://www.rics.org/profession-standards/knowledge-and-information-services _zHow to access eJournals |
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_c82928 _d82928 |
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