This paper explores dynamic correlation and interdependence of five global REIT markets using multivariate wavelet methods. United States, Hong Kong, Belgium, South Africa and Australia’s daily REITs returns are used as proxies for North America, Asia, Europe, Africa and the Oceania...

This study revisits the relationship between securitized real estate and local stock markets by focusing on their time-scale co-movement and contagion dynamics across five developed countries. Since securitized real estate market is an important capital component of the domestic stock market in...

Visegrad countries, Poland, Slovakia, Czech Republic and Hungary have common history and have faced the same challenges created by globalisation process for the last three decades. They have successfully transformed form central planned to market economies. They have implemented fundamental...