• Home
  • Investment
    • History
    • Policy
      • Investment Horizon
      • Overseas Equity
      • Average Size of Pension Funds
    • Characteristics
      • The Accuracy of Appraisal-Based Return
      • Diversification
      • Liquidity
      • Duration
      • Inflation
      • Unit Size and Value
      • Expenses of Purchase and Management
      • Security of Income
      • Depreciation
      • Sensitivity to Government Intervention
      • Taxation
    • Investment Conclusion
  • Portfolio
    • Theory
      • The Efficient Frontier with No Short Sales
      • The Efficient Frontier with Short Sales Allowed
      • The Efficient Frontier with Risk-Free Lending and Borrowing
    • Analysis
      • The Economic Properties of Utility Function
      • Quadratic Utility
    • Mixed-Asset Portfolio
      • The Multi-Period Investment Model
      • Data
      • Results
      • Constrained Real Estate Investment
      • Overseas Equity
    • Portfolio Conclusion
  • Performance
    • Perspective
    • Return
      • Measures of Return
    • Risk
      • Total Risk
      • Systemic Risk
    • Issues
    • Performance Conclusion
  • Equilibrium
    • Theory
      • Mean-Variance Portfolio Choice
      • Equilibrium: The Sharpe-Lintner CAPM
      • Preferences and the Distribution of Returns
      • Risk-Free Transactions
      • Short Sales
      • Personal Taxes
      • Non-Marketable Assets
    • Evidence
      • Initial Tests of the Standard CAPM
      • The Zero-β Model
      • Additional Tests
      • Applications
      • Alternative Models
      • Market Sampling
      • The Case for β
      • A Multivariate Approach
      • Inferential Tests of the CAPM
    • Equilibrium Conclusion
  • Behaviour
    • Methodology
    • Data
    • Results
      • The Markov Régime-Switching Model
      • Appraisal-Based Indices and Information
      • Real Estate - Equity or Bond?
    • Behaviour Conclusion
  • Alternative Approach
    • Downside Model
    • Asset Allocation
      • Presentation of the Data
      • Results
    • Performance
      • Presentation of the Data
      • Results
    • Alternative Approach Conclusion
  • Conclusions and Implications for Future Research
    • Limitations of Present Study and Avenues for Future Research
  • Appendix A: Difficulties Involved in Benchmark Construction
  • Appendix B: Indirect Investment in Real Estate
  • Glossary of Terms
  • Bibliography

Contact


Sign in|Report Abuse|Print Page|Powered By Google Sites