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目次

Introduction: Real Estate Analysis in a Dynamic Risk Environment; ThePredictability of Returns on Equity REITs and Their Co-Movement with OtherAssets; The Predictability of Real Estate Returns and Market Timing; ATime-Varying Risk Analysis of Equity and Real Estate Markets in the US andJapan; Price Reversal, Transaction Costs, and Arbitrage Profits in RealEstate Securities Market; Bank Risk and Real Estate: An Asset PricingPerspective; Assessing the "Santa Claus" Approach to Asset Allocation:Implications for Commercial Real Estate Investment; The Time-Variation ofRisk for Life Insurance Companies; The Return Distributions of PropertyShares in Emerging Markets; Conditional Risk Premiums of Asian Real EstateStocks; Institutional Factors and Real Estate Returns: A Cross-Country Study.