Contagion or interdependence? Evidence from comovements in Asia-Pacific securitised real estate markets during the 1997 crisis.

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Show simple item record Wilson, PJ Zurbruegg, R 2009-12-21T02:37:05Z 2004-01
dc.identifier.citation Journal of Property Investment & Finance, 2004, 22 (5), pp. 401 - 413
dc.identifier.issn 1463-578X
dc.identifier.other C1 en_US
dc.description.abstract This paper examines whether there was contagion from the Thai securitised real estate market to four other prominent Asia-Pacific property markets. Based on Forbes and Rigobon's methodology for calculating conditional and unconditional correlations, analysis shows that there was some contagion effect from Thailand to Hong Kong and Singapore during the period between early July and late October 1997. However, if the period includes the stock market crisis of late October 1997, there is little evidence for real estate market contagion, as it would seem that the impact of the equity markets were more relevant thereafter, in affecting other financial markets than the property markets themselves.
dc.publisher Emerald Group Publishing Limited
dc.relation.isbasedon 10.1108/14635780410556889
dc.title Contagion or interdependence? Evidence from comovements in Asia-Pacific securitised real estate markets during the 1997 crisis.
dc.type Journal Article
dc.description.version Published
dc.parent Journal of Property Investment & Finance
dc.journal.volume 5
dc.journal.volume 22
dc.journal.number 5 en_US
dc.publocation Northampton en_US
dc.identifier.startpage 401 en_US
dc.identifier.endpage 413 en_US BUS.School of Finance and Economics en_US
dc.conference Verified OK en_US
dc.for 150299 Banking, Finance and Investment Not Elsewhere Classified
dc.personcode 760135
dc.percentage 100 en_US Banking, Finance and Investment not elsewhere classified en_US
dc.classification.type FOR-08 en_US
dc.description.keywords Property management, Real estate, South East Asia en_US
dc.description.keywords Social Sciences
dc.description.keywords Demography
dc.description.keywords Ethnic Studies
dc.description.keywords DEMOGRAPHY
dc.description.keywords ETHNIC STUDIES
dc.description.keywords migration
dc.description.keywords gender
dc.description.keywords migrant women
dc.description.keywords identity
dc.description.keywords work
dc.description.keywords family
dc.description.keywords IMMIGRANT WOMEN
dc.description.keywords EMPLOYMENT
dc.description.keywords MIGRANTS
dc.description.keywords GENDER
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Business
utslib.copyright.status Closed Access 2015-04-15 12:17:09.805752+10
utslib.collection.history Closed (ID: 3)

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