Macroeconomic Risk Factors and the Role of Mispriced Credit in the Returns from International Real Estate Securities

We examine the canonical influence of global market, currency and inflation risks on the returns from international real estate securities. In addition, we study how mispricing of credit in the local banking systems is related to the returns from these securities. We analyze a global sample of real...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Real estate economics 2015-03, Vol.43 (1), p.241-270
Hauptverfasser:	Pavlov, Andrey, Steiner, Eva, Wachter, Susan
Format:	Artikel
Sprache:	eng
Schlagworte:	Banking industry International markets Macroeconomics Real estate Risk factors Securities Studies
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!