Keywords: Cross-section
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Journal Articles
Journal of European Real Estate Research (2014) 7 (1): 29–58.
Published: 29 April 2014
... to discuss these issues. Design/methodology/approach – The study analyses 293 real estate equities from 16 European capital markets over the 1991-2011 period. The framework of Fama and MacBeth is employed. Regressions of the cross-section of expected equity excess returns on idiosyncratic risk...

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