Information asymmetry, long-run relationship and price discovery in property investment markets
AbstractThe 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.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal The European Journal of Finance.
Volume (Year): 3 (1997)
Issue (Month): 3 ()
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