What Does the Stock Market Tell Us About Real Estate Returns?

Estimating betas from nonsynchronous data

1977 • 2,887 citations

Asset returns and inflation

1977 • 2,770 citations

Risk measurement when shares are subject to infrequent trading

1979 • 2,767 citations

When Are Contrarian Profits Due to Stock Market Overreaction?

1990 • 1,732 citations

Investor Sentiment and the Closed-End Fund Puzzle

1991 • 1,422 citations

Investor Sentiment and the Closed‐End Fund Puzzle

1991 • 1,291 citations

Empirical Tests of the Consumption‐Oriented CAPM

1989 • 759 citations

Smoothing in appraisal-based returns

1991 • 433 citations

Risk and Return on Real Estate: Evidence from Equity REITs

1990 • 376 citations

Risk and return in real estate

1991 • 308 citations

Equity Real Estate Investment Trusts and Real Estate Returns

1990 • 264 citations

Real estate

1988 • 221 citations

Estimating Real Estate's Systematic Risk from Aggregate Level Appraisal‐Based Returns

1989 • 191 citations

Risk and the Performance of Real Estate Investment Trusts: A Multiple Index Approach

1986 • 150 citations

Towards Indices of Real Estate Value and Return

1980 • 133 citations

Interest-Rate Sensitivity of Real Estate Investment Trusts

1988 • 132 citations

An analysis of gains to acquiring firm's shareholders

1987 • 131 citations

A Different Look at Commercial Real Estate Returns

1990 • 109 citations

Stocks, bonds, bills, and inflation : historical returns (1926-1987)

1989 • 97 citations

Real Estate Risk and the Business Cycle: Evidence from Security Markets

1990 • 95 citations

Portfolio Diversification and Return Benefits— Common Stock vs. Real Estate Investment Trusts (REITs)

1987 • 89 citations

Return Seasonality in Stocks and Their Underlying Assets: Tax-Loss Selling Versus Information Explanations

1990 • 73 citations

The Financial Performance Of Real Estate Investment Trusts

1986 • 71 citations

Institutions Beware: The Performance of Equity Real Estate Investment Trusts

1976 • 53 citations

Income and Appraised Values: A Reexamination of the FRC Returns Data

1989 • 44 citations

The Composition of the Market Portfolio and Real Estate Investment Performance

1990 • 40 citations

A Further Examination of Appraisal Data and the Potential Bias in Real Estate Return Indexes

1990 • 30 citations

Financial determinants of systematic risk in real estate investment trusts

1984 • 26 citations

Risk and returns in commercial real estate : an exploration of some fundamental relationships

1989 • 12 citations

Analysing the Risk of Income-producing Real Estate

1990 • 7 citations