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(Ebook) Essays on the Impact of Sentiment on Real Estate Investments by Anna Mathieu ISBN 9783658116361, 9783658116378, 3658116366, 3658116374

  • SKU: EBN-5356880
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Authors:Anna Mathieu
Pages:133 pages.
Year:2016
Editon:1
Publisher:Gabler Verlag
Language:english
File Size:2.48 MB
Format:pdf
ISBNS:9783658116361, 9783658116378, 3658116366, 3658116374
Categories: Ebooks

Product desciption

(Ebook) Essays on the Impact of Sentiment on Real Estate Investments by Anna Mathieu ISBN 9783658116361, 9783658116378, 3658116366, 3658116374

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.

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