Real Estate Sector Response to Economic Policy Uncertainty Shocks

2012 ◽  
Author(s):  
Vichet Sum ◽  
Kate Brown
Keyword(s):  
Economic Policy ◽  
Real Estate ◽  
Policy Uncertainty ◽  
Economic Policy Uncertainty ◽  
Uncertainty Shocks ◽  
Real Estate Sector

Economic Policy Uncertainty Shocks and U.S. Overseas Travel

2020 ◽  
Vol 35 (1) ◽  
pp. 115-122 ◽  
Author(s):  
James E. Payne ◽  
Mert Topcu ◽  
Massomeh Hajille ◽  
Farhang Niroomand
Keyword(s):  
Economic Policy ◽  
Policy Uncertainty ◽  
Economic Policy Uncertainty ◽  
Uncertainty Shocks ◽  
Overseas Travel

DOES CHANGE IN ECONOMIC POLICY UNCERTAINTY AFFECT REAL ESTATE INVESTMENT TRUSTS (REITs)?

2019 ◽  
Vol 14 (04) ◽  
pp. 1950016
Author(s):  
RANJEETA SADHWANI ◽  
SURESH KUMAR OAD RAJPUT ◽  
ASAD ALI-RIND ◽  
MUHAMMAD TAHIR SULEMAN
Keyword(s):  
Economic Policy ◽  
Real Estate ◽  
Positive Relationship ◽  
Real Estate Investment Trusts ◽  
Policy Uncertainty ◽  
Real Estate Investment ◽  
Macroeconomic Variables ◽  
Economic Policy Uncertainty ◽  
Investment Trusts ◽  
The Impact

This study aims to find the impact of change in economic policy uncertainty (EPU) on the returns and volatilities of 11 CRSP Ziman value-weighted US real estate investment trusts (REITs) during 1985–2016. The results indicate that the change in EPU has a positive relationship with volatility and a negative one with the REITs returns. Among EPU components, news-based component has the major impact than the others. Change in economic policy uncertainty has a significant impact on the returns of all the indices except hybrid, healthcare and unclassified REITs after controlling for macroeconomic variables. Whereas, the volatility is mainly explained by its own past values and macroeconomic variables.

Sign in / Sign up

Export Citation Format

Share Document