1 resultado para migrant return
em The Scholarly Commons | School of Hotel Administration
Filtro por publicador
- Aberdeen University (2)
- Academic Research Repository at Institute of Developing Economies (5)
- Acceda, el repositorio institucional de la Universidad de Las Palmas de Gran Canaria. España (3)
- Adam Mickiewicz University Repository (1)
- AMS Tesi di Dottorato - Alm@DL - Università di Bologna (1)
- Aquatic Commons (8)
- ArchiMeD - Elektronische Publikationen der Universität Mainz - Alemanha (1)
- Archive of European Integration (62)
- Archivo Digital para la Docencia y la Investigación - Repositorio Institucional de la Universidad del País Vasco (2)
- Aston University Research Archive (22)
- Avian Conservation and Ecology - Eletronic Cientific Hournal - Écologie et conservation des oiseaux: (1)
- Biblioteca Digital da Produção Intelectual da Universidade de São Paulo (4)
- BORIS: Bern Open Repository and Information System - Berna - Suiça (60)
- Brock University, Canada (16)
- Bucknell University Digital Commons - Pensilvania - USA (3)
- Cambridge University Engineering Department Publications Database (9)
- CentAUR: Central Archive University of Reading - UK (75)
- Center for Jewish History Digital Collections (3)
- Chinese Academy of Sciences Institutional Repositories Grid Portal (2)
- Cochin University of Science & Technology (CUSAT), India (2)
- Coffee Science - Universidade Federal de Lavras (1)
- Comissão Econômica para a América Latina e o Caribe (CEPAL) (10)
- CORA - Cork Open Research Archive - University College Cork - Ireland (2)
- Corvinus Research Archive - The institutional repository for the Corvinus University of Budapest (3)
- Deakin Research Online - Australia (156)
- Digital Archives@Colby (5)
- Digital Commons @ DU | University of Denver Research (1)
- Digital Commons @ Winthrop University (1)
- Digital Commons at Florida International University (14)
- Digital Peer Publishing (3)
- DigitalCommons@The Texas Medical Center (3)
- Digitale Sammlungen - Goethe-Universität Frankfurt am Main (2)
- DRUM (Digital Repository at the University of Maryland) (2)
- Duke University (2)
- FUNDAJ - Fundação Joaquim Nabuco (1)
- Gallica, Bibliotheque Numerique - Bibliothèque nationale de France (French National Library) (BnF), France (3)
- Greenwich Academic Literature Archive - UK (1)
- Harvard University (10)
- Helda - Digital Repository of University of Helsinki (13)
- Illinois Digital Environment for Access to Learning and Scholarship Repository (2)
- Indian Institute of Science - Bangalore - Índia (6)
- Instituto Politécnico de Bragança (1)
- Iowa Publications Online (IPO) - State Library, State of Iowa (Iowa), United States (3)
- Memorial University Research Repository (1)
- Ministerio de Cultura, Spain (1)
- Plymouth Marine Science Electronic Archive (PlyMSEA) (6)
- Portal de Revistas Científicas Complutenses - Espanha (7)
- Publishing Network for Geoscientific & Environmental Data (1)
- QSpace: Queen's University - Canada (1)
- QUB Research Portal - Research Directory and Institutional Repository for Queen's University Belfast (38)
- Queensland University of Technology - ePrints Archive (82)
- Repositório digital da Fundação Getúlio Vargas - FGV (1)
- Repositório Institucional da Universidade Federal do Rio Grande do Norte (1)
- Repositório Institucional UNESP - Universidade Estadual Paulista "Julio de Mesquita Filho" (8)
- Repositorio Institucional Universidad de Medellín (1)
- RUN (Repositório da Universidade Nova de Lisboa) - FCT (Faculdade de Cienecias e Technologia), Universidade Nova de Lisboa (UNL), Portugal (7)
- School of Medicine, Washington University, United States (8)
- The Scholarly Commons | School of Hotel Administration; Cornell University Research (1)
- Universidad de Alicante (4)
- Universidad del Rosario, Colombia (2)
- Universidad Politécnica de Madrid (5)
- Universidade de Lisboa - Repositório Aberto (1)
- Universidade Federal do Rio Grande do Norte (UFRN) (2)
- Universidade Técnica de Lisboa (1)
- Universitätsbibliothek Kassel, Universität Kassel, Germany (1)
- Université de Lausanne, Switzerland (4)
- Université de Montréal (1)
- Université de Montréal, Canada (10)
- University of Canberra Research Repository - Australia (1)
- University of Michigan (147)
- University of Queensland eSpace - Australia (20)
- University of Southampton, United Kingdom (1)
- University of Washington (5)
- WestminsterResearch - UK (13)
- Worcester Research and Publications - Worcester Research and Publications - UK (2)
Resumo:
We study the impact of S&P index membership on REIT stock returns. Given the hybrid nature of REITs, their returns may become more like those of other indexed stocks and less like those of their underlying properties. The existing literature does not offer clear predictions on these potential outcomes. Taking advantage of the inclusion of REITs in major S&P indexes starting in 2001, we find that shared index membership significantly increases the correlation between REIT returns after controlling for the stock characteristics that determine index membership. We also document that index membership enhances the link between REIT stock returns and the performance of the underlying real estate, consistent with improved pricing efficiency. REIT investors appear to be able to enjoy the benefits of improved visibility and liquidity associated with index membership as well as the exposure to underlying real estate markets and the related benefits of diversification.