SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Performance Evaluation of Finite-Life Real Estate Investment Trusts
11 references·16 citing·45 second hopsampled
Performance Evaluation of Finite-Life Real Estate Investment Trusts (1989)Performance Evaluation of Finite-Life Rea…Portfolio Diversification and Return Benefits— Common Stock vs. Real Estate Investment Trusts (REITs) (1987)Portfolio Diversification and…The Financial Performance Of Real Estate Investment Trusts (1986)The Financial Performance Of …Risk and the Performance of Real Estate Investment Trusts: A Multiple Index Approach (1986)Risk and the Performance of R…Real Estate Returns: A Comparison with Other Investments (1984)Real Estate Returns: A Compar…Real Estate Investment Funds: Performance and Portfolio Considerations (1984)Real Estate Investment Funds:…Historic Returns and Institutional Real Estate Portfolios (1982)Historic Returns and Institut…A Possible Explanation of the Small Firm Effect (1981)A Possible Explanation of the…Asset returns and inflation (1977)Asset returns and inflationTHE DEMAND FOR RISKY ASSETS UNDER UNCERTAIN INFLATION (1976)THE DEMAND FOR RISKY ASSETS U…EFFECTS OF UNCERTAIN INFLATION ON THE INVESTMENT AND FINANCING DECISIONS OF A FIRM (1975)EFFECTS OF UNCERTAIN INFLATIO…THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)THE PERFORMANCE OF MUTUAL FUN…Comparative analyses of hotel REITs: examining risk‐return and performance characteristics (2012)Comparative analyses of hotel…A Review Study of Risk-Return Relationship and Performance Measures Comparing Different Industry Sectors (2012)A Review Study of Risk-Return…A study on the performance of Malaysian Real Estate Investment Trusts from 2005-2010 by using Net Asset Value approach (2011)A study on the performance of…Empirical Investigation on the Performance of the Malaysian Real Estate Investment Trusts in Pre-Crisis, During Crisis and Post-Crisis Period (2010)Empirical Investigation on th…Lodging REIT Performance and Comparison With Other Equity REIT Returns (2009)Lodging REIT Performance and …Performance of hotel real estate investment trusts: a comparative analysis of Jensen indexes (2002)Performance of hotel real est…The Relationship Between REITs Returns and Inflation: A Vector Error Correction Approach (2001)The Relationship Between REIT…Real Estate Mutual Funds: Abnormal Performance and Fund Characteristics (2000)Real Estate Mutual Funds: Abn…Real Estate Returns and Inflation: An Added Variable Approach (1998)Real Estate Returns and Infla…Are REIT Returns Hedgeable? (1998)Are REIT Returns Hedgeable?The historical performance of Singapore property stocks (1997)The historical performance of…The Inflation-Hedging Properties of Risk Assets: The Case of REITs (1995)The Inflation-Hedging Propert…The Historical Environment of Real Estate Returns (1995)The Historical Environment of…A multivariate analysis of REIT performance by financial and real asset portfolio characteristics (1995)A multivariate analysis of RE…REITs as Captive-Financing Affiliates: Impact on Financial Performance (1991)REITs as Captive-Financing Af…A Comparison of the Recent Performance of Publicly Traded Real Property Portfolios and Common Stock (1991)A Comparison of the Recent Pe…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Equilibrium in a Capital Asset Market (1966)The arbitrage theory of capital asset pricing (1976)Real Estate Returns and Inflation (1987)Price formation and the appraisal function in real estate markets (1991)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Expected stock returns and volatility (1987)Efficient Capital Markets: II (1991)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Mutual Fund Performance (1966)An Empirical Evaluation of Alternative Portfolio-Selection Models (1967)Portfolio Theory and Capital Markets. (1972)Refining the Analysis of Regional Diversification for Income-Producing Real Estate (1987)Estimating Real Estate's Systematic Risk from Aggregate Level Appraisal‐Based Returns (1989)A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory (1977)Valuing Commercial Mortgages: An Empirical Investigation of the Contingent‐Claims Approach to Pricing Risky Debt (1989)Initial public offerings of equity securities (1992)Time varying risk premia for real estate investment trusts: A GARCH-M model (2001)Risk measurement when shares are subject to infrequent trading (1979)Measuring security price performance (1980)The relationship between return and market value of common stocks (1981)Some Empirical Tests of the Theory of Arbitrage Pricing (1983)Transaction costs and the small firm effect (1983)Fundamental Indexation (2005)Optimum consumption and portfolio rules in a continuous-time model (1971)Studies in the Theory of Capital Markets. (1973)THE DEMAND FOR RISKY ASSETS (1977)A generalisation of the international asset pricing model (1980)Pricing Capital Assets in an International Setting: An Introduction (1984)Portfolio management with heuristic optimization (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)INFLATION AND THE MARKET VALUE OF THE FIRM: THEORY AND TESTS (1977)International Capital Market Equilibrium and the Multinational Firm Financing and Investment Policies (1979)Integrating Research on Markets for Space and Capital† (1992)The cost of capital, corporation finance and the theory of investment (2008)Some Studies of Variability of Returns on Investments in Common Stocks (1970)Diversification Categories in Investment Real Estate (1986)Selling Price and Marketing Time in the Residential Real Estate Market (1989)The Impact of Landfills on Residential Property Values (1992)The Asymmetric Wealth Effect in the US Housing and Stock Markets: Evidence from the Threshold Cointegration Model (2011)The Behavior of Stock-Market Prices (1965)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Noise Trader Risk in Financial Markets (1990)Do Real Estate Prices and Stock Prices Move Together? An International Analysis (1999)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1968THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–19644,330 cited
  • 1977Asset returns and inflation2,701 cited
  • 1981A Possible Explanation of the Small Firm Effect432 cited
  • 1984Real Estate Returns: A Comparison with Other Investments335 cited
  • 1984Real Estate Investment Funds: Performance and Portfolio Considerations224 cited
  • 1986Risk and the Performance of Real Estate Investment Trusts: A Multiple Index Approach147 cited
  • 1982Historic Returns and Institutional Real Estate Portfolios126 cited
  • 1976THE DEMAND FOR RISKY ASSETS UNDER UNCERTAIN INFLATION109 cited
  • 1975EFFECTS OF UNCERTAIN INFLATION ON THE INVESTMENT AND FINANCING DECISIONS OF A FIRM105 cited
  • 1987Portfolio Diversification and Return Benefits— Common Stock vs. Real Estate Investment Trusts (REITs)90 cited
  • 1986The Financial Performance Of Real Estate Investment Trusts69 cited

Cited by

  • 1998Real Estate Returns and Inflation: An Added Variable Approach83 cited
  • 1995The Historical Environment of Real Estate Returns61 cited
  • 2002Performance of hotel real estate investment trusts: a comparative analysis of Jensen indexes58 cited
  • 2000Real Estate Mutual Funds: Abnormal Performance and Fund Characteristics

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

54 cited
  • 1995The Inflation-Hedging Properties of Risk Assets: The Case of REITs51 cited
  • 2010Empirical Investigation on the Performance of the Malaysian Real Estate Investment Trusts in Pre-Crisis, During Crisis and Post-Crisis Period44 cited
  • 1991A Comparison of the Recent Performance of Publicly Traded Real Property Portfolios and Common Stock43 cited
  • 1991REITs as Captive-Financing Affiliates: Impact on Financial Performance39 cited
  • 1997The historical performance of Singapore property stocks35 cited
  • 2009Lodging REIT Performance and Comparison With Other Equity REIT Returns30 cited
  • 2012Comparative analyses of hotel REITs: examining risk‐return and performance characteristics29 cited
  • 2011A study on the performance of Malaysian Real Estate Investment Trusts from 2005-2010 by using Net Asset Value approach29 cited
  • 2001The Relationship Between REITs Returns and Inflation: A Vector Error Correction Approach29 cited
  • 1995A multivariate analysis of REIT performance by financial and real asset portfolio characteristics25 cited
  • 1998Are REIT Returns Hedgeable?21 cited
  • 2012A Review Study of Risk-Return Relationship and Performance Measures Comparing Different Industry Sectors20 cited