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不動産収益率変動モデルに関する研究 --パネルデータ分析によるアプローチ--
https://doi.org/10.18901/00000145
https://doi.org/10.18901/0000014537399b86-e850-40b7-90b5-c7d12c15de23
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
⑤籠義樹 (548.7 kB)
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| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2012-05-02 | |||||
| タイトル | ||||||
| タイトル | 不動産収益率変動モデルに関する研究 --パネルデータ分析によるアプローチ-- | |||||
| タイトル | ||||||
| タイトル | The Fluctuation Model of the Returns on the Real Estate Investment: A Panel Data Analysis | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | jpn | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
| 資源タイプ | departmental bulletin paper | |||||
| ID登録 | ||||||
| ID登録 | 10.18901/00000145 | |||||
| ID登録タイプ | JaLC | |||||
| 著者名 |
籠, 義樹
× 籠, 義樹 |
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| 著者名（英） |
Kago, Yoshiki
× Kago, Yoshiki |
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| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | For the usual data of individual properties, the covered period is short, and the interval between observations is long. This study confirmed that the statistically significant model for the fluctuation of the returns on the real estate investment is derived applying a panel data analysis. However the model fitting yet remains to be improved. The structure of the model is stable on the situation that the trend of the fluctuation of the returns is clear. That is the estimated coefficients of independent variables including the real estate index are stable on the rising trend and falling trend. But such model structure isn't appropriate when the market trend isn't so clear, because the move of the real estate index doesn't always correlate with the move of returns of individual properties. This means that the hedging strategy applying the real estate index has the risk not to get the expected hedging effect. How to predict the change of the model structure is further issue for coming studies. |
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| 書誌情報 |
麗澤経済研究 en : Reitaku International Journal of Economic Studies 巻 18, 号 1, p. 49-56, 発行日 2010-03-10 |
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| 出版者 | ||||||
| 出版者 | 麗澤大学経済学会 | |||||
| ISSN | ||||||
| 収録物識別子タイプ | ISSN | |||||
| 収録物識別子 | 0919-6706 | |||||
