This study links empirical analysis of geographical variations in fertility to ideas of contextualising demography. We examine whether there are statistically significant clusters of fertility in Scotland between 1981 and 2001, controlling for more general factors expected to influence...

We examine the industry-level relation between the two dominant asset pricing anomalies, the continuation of past price movements (momentum) and the incomplete reaction to earnings news (post-earnings-announcement drift). With the former having long been established in REIT returns, and the...

This study examines a cohort of 195 public Equity REITs that are NAREIT members in 1998, and measures changes in corporate status 1998-2002. Sixty five firms, a full one third of the cohort group, exit from NAREIT membership during the four-year period of study. The most commonly used vehicle...

Much of the literature on capital structure excludes Real Estate Investment Trusts (REITs) due mainly to the unique regulatory environment of these firms. As such, the issue of how REITs choose among different financing options when they raise external capital is largely unexplored. In this...