教師資料查詢 | 類別: 期刊論文 | 教師: 聶建中 NIEH, CHIEN-CHUNG (瀏覽個人網頁)

標題:Integration between Real Estate Market and Stock Market:Evidence from Taiwan
學年105
學期1
出版(發表)日期2017/01/01
作品名稱Integration between Real Estate Market and Stock Market:Evidence from Taiwan
作品名稱(其他語言)
著者Wang, Yih-Chang, Ran Huang, Chien-Chung Nieh, Hong-Kou Ou and Maochieh Chi
單位
出版者
著錄名稱、卷期、頁數Proceedings of the 2017 IEEE International Conference on Applied System Innovation (IEEE-ICASI 2017)
摘要This paper investigates long-run equilibrium relationship between real estate market and stock market in Taiwan using real estate investment trust (REIT) index. Linear cointegration model and recently developed time-varying vector error correction model are applied to explore possible long-run linear and non-linear linkage between the two indexes. The results of both the cointegration tests point to the existence of neither linear nor non-linear cointegration, suggesting that REIT markets are segmented from stock markets. These findings have important implication for investors and policy makers.
關鍵字Indexes;Stock markets;Standards;Time series analysis;Electronic mail;Investment;Couplings
語言英文(美國)
ISSN
期刊性質國外
收錄於
產學合作
通訊作者
審稿制度
國別美國
公開徵稿
出版型式,紙本
相關連結
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