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Applied Financial Economics Letters Volume 1, 2005 - Issue 2
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Original Articles

REIT markets: periodically collapsing negative bubbles?

James E. Payne *
&
George A. Waters
Pages 65-69 | Published online: 22 Aug 2006

Citations (31)

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Justyna Brzezicka. (2021) Towards a Typology of Housing Price Bubbles: A Literature Review. Housing, Theory and Society 38:3, pages 320-342.
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Ogonna Nneji, Chris Brooks & Charles Ward. (2013) Intrinsic and Rational Speculative Bubbles in the U.S. Housing Market: 1960-2011. Journal of Real Estate Research 35:2, pages 121-152.
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Ohannes George Paskelian, M. Kabir Hassan & Kathryn Whittaker Huff. (2011) Are there bubbles in the REITs market? New evidence using regime-switching approach. Applied Financial Economics 21:19, pages 1451-1461.
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Keith Anderson, Chris Brooks & Sotiris Tsolacos. (2011) Testing for Periodically Collapsing Rational Speculative Bubbles in U.S. REITs. Journal of Real Estate Portfolio Management 17:3, pages 227-241.
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Yen-Hsien Lee & Chien-Liang Chiu. (2010) Nonlinear adjustment of short-term deviations impacts on the US real estate market. Applied Economics Letters 17:6, pages 597-603.
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Hsiao-Tang Hsu. (2008) The payoff and implied pricing kernel in REITs. Applied Economics 40:21, pages 2775-2783.
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George A. Waters & James E. Payne. (2007) REIT markets and rational speculative bubbles: an empirical investigation. Applied Financial Economics 17:9, pages 747-753.
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İpek OKKAY. (2023) İletişim Kuramları Bağlamında MetaverseMetaverse in the Context of Communication Theories. TRT Akademi 8:17, pages 8-37.
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Sheen S. Levine & Edward J. Zajac. (2023) The Other Invisible Hand: How Markets - As Institutions - Propagate Conformity and Valuation Errors. SSRN Electronic Journal.
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Nimet VARLIK. (2021) KIRILGAN SEKİZLİ'DE GIDA FİYAT BALONLARININ SAPTANMASI: KÜRESEL KRİZ-COVİD 19 PANDEMİ DÖNEMLERİ İÇİN KARŞILAŞTIRMADETECTING FOOD PRICE BUBBLES IN THE FRAGILE EIGHT: COMPARISON FOR THE GLOBAL CRISIS-COVID 19 PANDEMIC PERIODS. Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 8:2, pages 1123-1140.
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Chi-Wei Su, Lu Liu & Kai-Hua Wang. (2020) Do Bubble Behaviors Exist in Chinese Film Stocks?. SAGE Open 10:4, pages 215824402098330.
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Qianqian Mao, Yanjun Ren & Jens-Peter Loy. (2020) Price bubbles in agricultural commodity markets and contributing factors: evidence for corn and soybeans in China. China Agricultural Economic Review 13:1, pages 22-53.
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Frank J. Fabozzi, Iason Kynigakis, Ekaterini Panopoulou & Radu S. Tunaru. (2019) Detecting Bubbles in the US and UK Real Estate Markets. The Journal of Real Estate Finance and Economics 60:4, pages 469-513.
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Kai-Hua Wang, Chi-Wei Su, Oana-Ramona Lobonţ & Nicoleta-Claudia Moldovan. (2020) Chinese renewable energy industries’ boom and recession: Evidence from bubble detection procedure. Energy Policy 138, pages 111200.
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Zixiong Xie, Shyh-Wei Chen & An-Chi Wu. (2019) Asymmetric adjustment, non-linearity and housing price bubbles: New international evidence. The North American Journal of Economics and Finance 50, pages 101036.
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Fahad Almudhaf. (2018) Bubbles in US hotel/lodging real estate investment trusts. Journal of Property Investment & Finance 36:2, pages 171-190.
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Shyh-Wei Chen & Zixiong Xie. (2017) Detecting speculative bubbles under considerations of the sign asymmetry and size non-linearity: New international evidence. International Review of Economics & Finance 52, pages 188-209.
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Shyh-Wei Chen & Zixiong Xie. (2017) Asymmetric adjustment and smooth breaks in dividend yields: Evidence from international stock markets. International Review of Economics & Finance 48, pages 339-354.
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Gülbahar ATASEVER. (2016) Varlık Fiyatları Köpüğü: Muğla Konut Piyasası Üzerine Bir Değerlendirme. Akdeniz Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 16:34, pages 1-1.
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Shyh-Wei Chen, Chi-Sheng Hsu & Zixong Xie. (2016) Are there periodically collapsing bubbles in the stock markets? New international evidence. Economic Modelling 52, pages 442-451.
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Xiaoli Liao Etienne, Scott H. Irwin & Philip Garcia. (2015) $25 spring wheat was a bubble, right?. Agricultural Finance Review 75:1, pages 114-132.
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Vitor Leone & Otavio Ribeiro de Medeiros. (2015) Signalling the Dotcom bubble: A multiple changes in persistence approach. The Quarterly Review of Economics and Finance 55, pages 77-86.
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Philipp Adämmer & Martin T. Bohl. (2015) Speculative bubbles in agricultural prices. The Quarterly Review of Economics and Finance 55, pages 67-76.
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Xiaoli L. Etienne, Scott H. Irwin & Philip Garcia. (2014) Price Explosiveness, Speculation, and Grain Futures Prices. American Journal of Agricultural Economics 97:1, pages 65-87.
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Zixiong Xie & Shyh-Wei Chen. (2015) Are there periodically collapsing bubbles in the REIT markets? New evidence from the US. Research in International Business and Finance 33, pages 17-31.
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Chien-Chiang Lee, Cheng-Feng Lee & Chi-Chuan Lee. (2014) Asymmetric dynamics in REIT prices: Further evidence based on quantile regression analysis. Economic Modelling 42, pages 29-37.
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J. Cuñado, L.A. Gil-Alana & F. Perez de Gracia. (2012) Testing for persistent deviations of stock prices to dividends in the Nasdaq index. Physica A: Statistical Mechanics and its Applications 391:20, pages 4675-4685.
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James E. Payne & George A. Waters. (2007) Have Equity REITs Experienced Periodically Collapsing Bubbles?. The Journal of Real Estate Finance and Economics 34:2, pages 207-224.
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Otavio Ribeiro de Medeiros & Vitor Leone. (2012) Multiple Changes in Persistence vs. Explosive Behaviour: The Dotcom Bubble. SSRN Electronic Journal.
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Ogonna Nneji, Chris Brooks & Charles W.R. Ward. (2011) Intrinsic and Rational Speculative Bubbles in the U.S. Housing Market 1960-2009. SSRN Electronic Journal.
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K. P. Anderson, Chris Brooks & Sotiris Tsolacos. (2009) Testing for Periodically Collapsing Rational Speculative Bubbles in US REITs. SSRN Electronic Journal.
Crossref

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