haku: @author Wang, P. / yhteensä: 18
viite: 10 / 18
| Tekijä: | Wang, P. Lizieri, C. Matysiak, G. |
| Otsikko: | Information asymmetry, long-run relationship and price discovery in property investment |
| Lehti: | European Journal of Finance
1997 : SEP, Vol. 3:3, p. 261-275 |
| Asiasana: | PROPERTY INVESTMENT INFORMATION |
| Kieli: | eng |
| Tiivistelmä: | The relationships between "direct" and "Indirect" property investment, emphasizing information asymmetry and price discovery, have been investigated in the framework of cointegration and using the concept of Granger causality. The implications of information asymmetry in the market have been discussed and explanations offered. It has been long observed that, compared to other asset classes, property has some unique characteristics. One of the most frequently noted points is the lack of close relationship with other types of investments, referring to the correlation patterns. |
SCIMA