How shocks in one market influence the return and volatility of other markets has been an important question for portfolio managers. In the finance literature, many studies found evidence of volatility spillovers across international markets as well as between spot and futures markets. Although...

Previous studies on the price-volume relationship focus only on the total volume of transactions without taking into account of the nature of these transactions. While this is a reasonable approach for financial markets, such approach may have ignore some important information in the property...

ERES:conference

ERES:conference

Almost all previous studies on the value of seaview were cross-sectional as it is almost impossible to find any formation or removal of seaview in the scale of man time. However, cross-sectional analysis is well known of its shortcoming in controlling housing quality and temporal components in...

Hong Kong property companies make a significant contribution to the Hong Kong stockmarket and general economy. A key issue is how much of Hong Kong property company performance is attributable to stockmarket performance and how much is attributable to direct property performance. Using a...

ERES:conference