Market Efficiency and Return Statistics: Evidence from Real Estate and Stock Markets Using a Present-Value Approach

Authors :: Fu, Yuming
Ng, Lilian K.
Source :: Real Estate Economics. Summer 2001, Vol. 29 Issue 2, 227
Publication Year :: 2001
Abstract: Yuming Fu [*] Lilian K. Ng [**] This paper develops a methodology to identify asset price response to news in the framework of the Campbell--Shiller log-linear present-value equation. We further [...]

Subjects :: Log-linear models -- Usage -- Analysis
Stock-exchange -- Usage -- Analysis
Real estate industry -- Analysis -- Usage
Securities industry -- Analysis -- Usage
Real property -- Usage
Business
Economics
Real estate industry
Securities industry
Analysis
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