It takes the average reader 2 hours and 13 minutes to read Return Patterns of German Open-End Real Estate Funds by Sebastian Michael Gläsner
Assuming a reading speed of 250 words per minute. Learn more
The aim of this study is to better understand stable capital growth of German properties and to contribute to the explanation of stable fund returns. In the course of the investigation, evidence is found that both phenomena are interrelated. All analyses are based on publicly available data; therefore they are not limited by client interests. Results show three different pieces of evidence on return smoothing, namely the influence on valuation, the timing of valuations, and the influence on returns resulting in return differences by calendar months. Together with the notion of internationally uniquely stable returns, it seems impossible to extract true asset volatility from the observed appraisal-based time series.
Return Patterns of German Open-End Real Estate Funds by Sebastian Michael Gläsner is 132 pages long, and a total of 33,264 words.
This makes it 45% the length of the average book. It also has 41% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 1 minute to read Return Patterns of German Open-End Real Estate Funds aloud.
Return Patterns of German Open-End Real Estate Funds is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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