The Continuing Overreaction in the REIT Market |
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Authors: | Liu Ming-Yu Lu Chiuling |
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Institution: | 1.Department of Finance, College of Management, National Taiwan University, No. 1, Sec. 4, Roosevelt Rd, Taipei, 10617, Taiwan ;2.Department of International Business, College of Management, National Taiwan University, No. 1, Sec. 4, Roosevelt Rd, Taipei, 10617, Taiwan ; |
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Abstract: | The Journal of Real Estate Finance and Economics - We find that REITs, which are most held by institutional investors and are characterized as being passive investment instruments, exhibit price... |
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