Investor Rationality: Evidence from UK Property Capitalization Rates
收藏NBER2003-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9894
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资源简介：
Recent analyses have suggested the irrationality of investors in Australian and U.S. office properties. More specifically, investors have failed to raise capitalization rates sufficiently at rental cyclical peaks to account for the obvious mean reversion in real rents and thus have significantly
提供机构：
美国国家经济研究局
创建时间：
2003-08-01
