Authors:
- Publication in the field of economic sciences
- Includes supplementary material: sn.pub/extras
Part of the book series: Essays in Real Estate Research (ERER)
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Table of contents (5 chapters)
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Front Matter
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Back Matter
About this book
Anna Mathieu clarifies if real estate decisions are affected by investor and consumer sentiment and how severely the sentiment should be considered. With regard to international capital markets Mathieu conducts an analysis of the impact of investor sentiment on the return of the real estate-specific investment vehicle “Real Estate Investment Trust (REIT)” by applying a GARCH-Model. She investigates the effects of investor sentiment on the return and the underlying volatilities of REITs and Non-REITs during the financial crisis. The hypotheses are tested for validity in a GARCH-Model. Parallel to capital markets and thereby in changing from an indirect Real Estate investment perspective to a direct perspective the author conducts an analysis if consumer sentiment impacts the household decision to buy a new home in the US. Therefore a dataset with 385 monthly observations from 1978 to 2010 is tested by a component model.
Authors and Affiliations
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Real Estate Management Institute, EBS Business School, Wiesbaden, Germany
Anna Mathieu
About the author
Dr. Anna Mathieu wrote her dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School.
Bibliographic Information
Book Title: Essays on the Impact of Sentiment on Real Estate Investments
Authors: Anna Mathieu
Series Title: Essays in Real Estate Research
DOI: https://doi.org/10.1007/978-3-658-11637-8
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: Springer Fachmedien Wiesbaden 2016
Hardcover ISBN: 978-3-658-11636-1Published: 18 November 2015
Softcover ISBN: 978-3-658-13054-1Published: 18 November 2015
eBook ISBN: 978-3-658-11637-8Published: 05 November 2015
Series ISSN: 2570-2246
Series E-ISSN: 2570-2254
Edition Number: 1
Number of Pages: XX, 115
Number of Illustrations: 6 illustrations in colour
Topics: Real Estate Management, Finance, general