This article investigates the potential role of real estate risk in the pricing of US bank stocks
from February 1990 to December 2015. Generalized method of moments estimates of …

The aim of this study is to show whether the Greater Paris housing market is integrated and
can be defined globally or whether housing submarkets are present. Therefore, we analyze if …

We develop an international CAPM including human capital. We test this model and
underline its contribution to the explanation of home bias observed in portfolio choice for nine …

This paper revisits an instrumental variable technique to minimize the errors-in-variables
problem in capital asset pricing models. Our results show that Dagenais and Dagenais […

Despite the fact that it is easy to see intuitively why skewness and coskewness should matter
for asset pricing, it is difficult to build a model that links analytically skewness premia to …

The main purpose of this study is to deeply investigate the determinants of the risk premium
for the Central London market between Q2-2002 and Q3-2015 using a vector …

We analyze earnings forecasting errors made by financial analysts for 18 developed
countries over the 1990–2006 period. We use the Heston–Rouwenhorst approach to unravel …

This article analyzes the role real estate risks in the pricing of Financial sector stocks for a
sample of 14 countries. Real estate risk measures are drawn from the FTSE/EPRA NAREIT …

This paper revisits Fama and French [Fama, Eugene F., French, Kenneth R., (1993) Common
risk factors in the returns on stock and bonds. Journal of Financial Economics 33 (1), 3–56] …

Purpose The aim of this study is to shed light on the relative importance of Chinese (Mainland
China and Hong Kong: CH-HK) foreign direct investments (FDIs) in real estate (FDIRE) on …