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The Continuing Overreaction in the REIT Market
Authors:Liu  Ming-Yu  Lu  Chiuling
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
;
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...
Keywords:
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