Eres : Digital Library : Works

Paper eres2006_269:
ASSET MELTDOWN - FACT OR FICTION?

id eres2006_269
authors Maurer, Raimond; Marcel Marekwica; Steffen Sebastian
year 2006
title ASSET MELTDOWN - FACT OR FICTION?
source Book of Abstracts: 13th Annual European Real Estate Society Conference in Weimar, Germany
summary This paper analyzes the relation between demographic structure and real asset returns on treasury bills, bonds, stocks and real estate for the G7-countries (United States, Canada, Japan, Italy, France, the United Kingdom and Germany). Based on a macroeconomic multifactor model, a variety of different demographic factors is examined in the time period 1951 to 2002. In these models, no robust relationship between shocks in demographic variables and asset returns can be found, which suggests, that Asset Meltdown is more fiction than fact. Full paper available at www.real-estate-finance.de.
series ERES:conference
type normal paper
discussion No discussions. Post discussion ...
ratings
session 3-F
last changed 2008/11/01 09:47
HOMELOGIN (you are user _anon_37047 from group guest) Powered by SciX Open Publishing Services 1.002