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Real Estate Risk in Equity Returns: Empirical Evidence from U.S. Stock Markets - Ebs-forschung, Schriftenreihe Der European Business School Schloss Reichartshausen Gaston Michel 2009 edition
Real Estate Risk in Equity Returns: Empirical Evidence from U.S. Stock Markets - Ebs-forschung, Schriftenreihe Der European Business School Schloss Reichartshausen
Gaston Michel
Gaston Michel investigates whether shocks to real estate markets constitute an important source of the risk that is priced in the cross section of equity returns. His results document that real estate risk explains a large part of the cross-sectional variation in equity returns. He shows that an alternative modeI which includes the real estate factor performs as well as or better than the Fama-French model in pricing equity returns.
167 pages, 9 black & white illustrations, 34 black & white tables, biography
| Medios de comunicación | Libros Paperback Book (Libro con tapa blanda y lomo encolado) |
| Publicado | 25 de junio de 2009 |
| ISBN13 | 9783834917690 |
| Editores | Springer Fachmedien Wiesbaden |
| Páginas | 167 |
| Dimensiones | 148 × 210 × 10 mm · 235 g |
| Lengua | Inglés Alemán |