Dynamic Correlations between Real Estate Prices and International Speculative Capital Flows: An Empirical Study Based on DCC-MGARCH Method
نویسندگان
چکیده
منابع مشابه
Do Real Estate Prices and Stock Prices Move Together? an International Analysis
A significant relationship exists between stock returns and real estate prices. This type of relationship, which is in contrast to findings in most of the existing studies, can be attributed to the added power resulting from the large cross section of the study. Also, it can be attributed to the use of lags in time-series regressions and to the longer holding periods utilized in the cross-secti...
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∗The authors gratefully acknowledge the support of the Real Estate Reseach Institiute. We would also like to thank Jones Lang Wootten, BoMa, FRC Canada and Morgan Stanley International for providing us with our data. An earlier version was presented at the 1996 Homer Hoyt meeting. The first author also benefitted from U. of Texas’s summer research grant.
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ژورنال
عنوان ژورنال: Procedia Computer Science
سال: 2016
ISSN: 1877-0509
DOI: 10.1016/j.procs.2016.07.114