Industrial Real Estate Prices and Market Efficiency
This study employs a multivariate Granger-causality procedure to examine causal relationships between selected economic and financial variables and industrial real estate prices. Empirical results indicate that relationships between several of these variables' lagged values and current values of price exist. We also find a significant relationship between past and current prices.
Volume (Year): 8 (1993)
Issue (Month): 3 ()
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- George W. Gau, 1985. "Public Information and Abnormal Returns in Real Estate Investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 13(1), pages 15-31. Full references (including those not matched with items on IDEAS)
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