Details about Kim Hiang Liow

Access statistics for papers by Kim Hiang Liow.

Last updated 2023-05-05. Update your information in the RePEc Author Service.

Short-id: pli814

Working Papers

2012

1. Convergence dynamics in international real estate securities markets
   ERES, European Real Estate Society (ERES)
2. Volatility interdependence in European securitised real estate markets: who is the most influential?
   ERES, European Real Estate Society (ERES)

2011

3. An assessment of the relationship between public real estate markets and stock markets at the local, regional, and global levels
   ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research View citations (10)

2010

4. IS THERE A COMMON TREND IN SECURITIZED REAL ESTATE MARKET CORRELATIONS WITH THE REGIONAL STOCK MARKET AND THE WORLD STOCK MARKET?
   ERES, European Real Estate Society (ERES)
5. PERFORMANCE DYNAMICS AND DIVERSIFICATION BENEFITS OF EUROPEAN PROPERTY SECURITIES
   ERES, European Real Estate Society (ERES)

2008

6. A combined perspective of corporate real estate
   Post-Print, HAL View citations (4)

2003

7. Corporate real estate performance: A data-driven analysis
   ERES, European Real Estate Society (ERES)
8. Financial Structure of Real Estate Corporations: Some International Evidence
   ERES, European Real Estate Society (ERES)
9. Return and Volatility Spill overs in Securitised Real Estate Markets
   ERES, European Real Estate Society (ERES)

2000

10. IS CORPORATE REAL ESTATE PRICED IN THE STOCK MARKET?
    ERES, European Real Estate Society (ERES)

1995

11. Capital Market Theory and Real Estate Asset Valuation - Some Issues and Research Implications
    ERES, European Real Estate Society (ERES)

Journal Articles

2023

1. Industrial tail exposure risk and asset price: Evidence from US REITs
   Real Estate Economics, 2023, 51, (5), 1209-1245

2022

2. Exploring a Three-Factor Dependence Structure of Conditional Volatilities: Some Quantile Regression Evidence from Real Estate Investment Trusts
   JRFM, 2022, 15, (6), 1-13 View citations (2)
3. Frequency volatility connectedness and market integration in international real estate investment trusts
   Finance Research Letters, 2022, 45, (C) View citations (4)

2020

4. Dynamic interdependence of ASEAN5 with G5 stock markets
   Emerging Markets Review, 2020, 45, (C) View citations (8)
5. Is Housing the Business Cycle? A Multiresolution Analysis for OECD Countries
   Journal of Housing Economics, 2020, 49, (C) View citations (5)

2019

6. Co-movement between the US and the securitised real estate markets of the Asian-Pacific economies
   Journal of Property Research, 2019, 36, (1), 27-58 View citations (4)
7. Comovement of Greater China Real Estate Markets: Some Time Scale Evidence
   Journal of Real Estate Research, 2019, 41, (3), 473-512
8. Dynamic interdependence between the US and the securitized real estate markets of the Asian-Pacific economies
   Journal of Property Investment & Finance, 2019, 37, (1), 92-117 View citations (5)
9. Market Integration Among the US and Asian Real Estate Investment Trusts in Crisis Times
   International Real Estate Review, 2019, 22, (4), 463-512 View citations (2)
10. Relationship between Foreign Macroeconomic Conditions and Asian-Pacific Public Real Estate Markets: The Relative Influence of the US and China
    IJFS, 2019, 7, (4), 1-28
11. Relationship between the United States housing and stock markets: Some evidence from wavelet analysis
    The North American Journal of Economics and Finance, 2019, 50, (C) View citations (5)
12. Time–Scale Relationship between Securitized Real Estate and Local Stock Markets: Some Wavelet Evidence
    JRFM, 2019, 12, (1), 1-23 View citations (2)
13. Who Influences the Asian–Pacific Real Estate Markets: The US, Japan or China?
    China & World Economy, 2019, 27, (6), 50-78

2018

14. Dynamic Relationships between Price and Net Asset Value for Asian Real Estate Stocks
    IJFS, 2018, 6, (1), 1-17 View citations (1)
15. Dynamics of international spillovers and interaction: Evidence from financial market stress and economic policy uncertainty
    Economic Modelling, 2018, 68, (C), 96-116 View citations (69)
16. Regime dependent volatilities and correlation in international securitized real estate markets
    Empirica, 2018, 45, (3), 457-487 View citations (2)
17. The dynamics of volatility connectedness in international real estate investment trusts
    Journal of International Financial Markets, Institutions and Money, 2018, 55, (C), 195-210 View citations (23)

2017

18. Linkages between office markets in Europe: a volatility spillover perspective
    Journal of Property Investment & Finance, 2017, 35, (1), 3-25 View citations (2)
19. Return and co-movement of major public real estate markets during global financial crisis
    Journal of Property Investment & Finance, 2017, 35, (5), 489-508 View citations (4)
20. Switching Regime Beta Analysis of Global Financial Crisis: Evidence from International Public Real Estate Markets
    Journal of Real Estate Research, 2017, 39, (1), 127-164 View citations (1)
    Also in Journal of Real Estate Research, 2017, 39, (1), 127_164 (2017) View citations (3)

2016

21. Global financial crisis and cyclical co-movements of Asian financial markets
    Journal of Property Investment & Finance, 2016, 34, (5), 465-495 View citations (3)
22. Real estate global beta and spillovers: An international study
    Economic Modelling, 2016, 59, (C), 297-313 View citations (9)

2015

23. Correlation Dynamics and Determinants in International Securitized Real Estate Markets
    Real Estate Economics, 2015, 43, (3), 537-585 View citations (12)
24. Risk-return convergence in international public property markets
    Journal of Property Research, 2015, 32, (1), 1-32
25. Volatility spillover dynamics and relationship across G7 financial markets
    The North American Journal of Economics and Finance, 2015, 33, (C), 328-365 View citations (45)

2014

26. An Assessment of the Relationship between Public Real Estate and Stock Markets at the Local, Regional, and Global Levels
    International Real Estate Review, 2014, 17, (2), 157-202 View citations (11)
27. Switching volatility and cross-market linkages in public property markets
    Journal of Property Research, 2014, 31, (4), 287-314 View citations (2)
28. The dynamics of return co-movements and volatility spillover effects in Greater China public property markets and international linkages
    Journal of Property Investment & Finance, 2014, 32, (6), 610-641 View citations (9)

2013

29. Extreme Dependence between Public Real Estate and Stock Markets: Some Asia-Pacific Evidence
    International Real Estate Review, 2013, 16, (2), 147-165 View citations (2)
30. Is There Volatility Convergence in Asia-Pacific Securitized Real Estate Markets?
    The Journal of Real Estate Finance and Economics, 2013, 47, (2), 370-390 View citations (1)
31. Value versus Growth International Real Estate Investment
    Real Estate Economics, 2013, 41, (1), 65-101 View citations (1)

2012

32. Co‐movements and Correlations Across Asian Securitized Real Estate and Stock Markets
    Real Estate Economics, 2012, 40, (1), 97-129 View citations (49)
33. Investment Dynamics of the Greater China Securitized Real Estate Markets
    Journal of Real Estate Research, 2012, 34, (3), 399-428 View citations (11)
    Also in Journal of Real Estate Research, 2012, 34, (3), 399-428 (2012)

2011

34. Multiple Regimes and Volatility Transmission in Securitized Real Estate Markets
    The Journal of Real Estate Finance and Economics, 2011, 42, (3), 295-328 View citations (18)

2010

35. Idiosyncratic risk, market risk and correlation dynamics in the US real estate investment trusts
    Journal of Housing Economics, 2010, 19, (3), 205-218 View citations (6)
36. Integration among USA, UK, Japanese and Australian securitised real estate markets: an empirical exploration
    Journal of Property Research, 2010, 27, (4), 289-308 View citations (4)
37. Integration between Securitized Real Estate and Stock Markets: A Global Perspective
    Journal of Real Estate Portfolio Management, 2010, 16, (3), 249-265
38. International Direct Real Estate Market Linkages: Evidence from Time-Varying Correlation and Cointegration Tests
    Journal of Real Estate Literature, 2010, 18, (2), 283-312
39. Volatility Decomposition and Correlation in International Securitized Real Estate Markets
    The Journal of Real Estate Finance and Economics, 2010, 40, (2), 221-243 View citations (9)

2009

40. Common factors in international securitized real estate markets
    Review of Financial Economics, 2009, 18, (2), 80-89 View citations (12)
    Also in Review of Financial Economics, 2009, 18, (2), 80-89 (2009)
41. Correlation and Volatility Dynamics in International Real Estate Securities Markets
    The Journal of Real Estate Finance and Economics, 2009, 39, (2), 202-223 View citations (51)
42. Do Asian real estate companies add value to investment portfolio?
    Journal of Property Investment & Finance, 2009, 27, (1), 42-64 View citations (8)
43. Do retail firms benefit from real estate ownership?
    Journal of Property Research, 2009, 26, (1), 25-60 View citations (3)
44. Editorial
    Journal of Property Research, 2009, 26, (4), 281-282
45. Firm value, growth, profitability and capital structure of listed real estate companies: an international perspective
    Journal of Property Research, 2009, 27, (2), 119-146
46. Long-term Memory in Volatility: Some Evidence from International Securitized Real Estate Markets
    The Journal of Real Estate Finance and Economics, 2009, 39, (4), 415-438 View citations (14)
47. Sustainability of Sustainable Real Property Development
    Journal of Sustainable Real Estate, 2009, 1, (1), 203-225
48. The significance and performance of property securities markets in the Asian IFCs
    Journal of Property Research, 2009, 26, (2), 125-148 View citations (3)

2008

49. Extreme returns and value at risk in international securitized real estate markets
    Journal of Property Investment & Finance, 2008, 26, (5), 418-446 View citations (10)
50. Financial Crisis and Asian Real Estate Securities Market Interdependence: Some Additional Evidence
    Journal of Property Research, 2008, 25, (2), 127-155 View citations (23)
51. Nonlinear Return Dependence in Major Real Estate Markets
    Journal of Property Research, 2008, 25, (4), 285-319 View citations (1)

2007

52. Cycles and common cycles in real estate markets
    International Journal of Managerial Finance, 2007, 3, (3), 287-305 View citations (7)
53. Regime switching and asset allocation
    Journal of Property Investment & Finance, 2007, 25, (3), 274-288 View citations (3)

2006

54. Dynamic relationship between stock and property markets
    Applied Financial Economics, 2006, 16, (5), 371-376 View citations (29)
55. Interest rate risk and time‐varying excess returns for Asian property stocks
    Journal of Property Investment & Finance, 2006, 24, (3), 188-210
56. Macroeconomic risk influences on the property stock market
    Journal of Property Investment & Finance, 2006, 24, (4), 295-323 View citations (3)
57. The Dynamics of Return Volatilty and Systematic Risk in International Real Estate Security Markets
    Journal of Property Research, 2006, 24, (1), 1-29 View citations (8)

2005

58. Co‐skewness and Co‐kurtosis in Global Real Estate Securities
    Journal of Property Research, 2005, 22, (2-3), 163-203 View citations (4)
59. Cross‐market dynamics in property stock markets
    Journal of Property Investment & Finance, 2005, 23, (1), 55-75
60. Long-Term Co-Memories and Short-Run Adjustment: Securitized Real Estate and Stock Markets
    The Journal of Real Estate Finance and Economics, 2005, 31, (3), 283-300 View citations (60)
61. Regime Changes in International Securitized Property Markets
    Journal of Real Estate Portfolio Management, 2005, 11, (2), 147-165 View citations (2)

2004

62. Corporate Real Estate and Stock Market Performance
    The Journal of Real Estate Finance and Economics, 2004, 29, (1), 119-140 View citations (9)
63. Does corporate real estate create wealth for shareholders?
    Journal of Property Investment & Finance, 2004, 22, (5), 386-400 View citations (1)
64. Risk-Adjusted Performance of Real Estate Stocks: Evidence From Developing Markets
    Journal of Real Estate Research, 2004, 26, (4), 371-396 View citations (17)
    Also in Journal of Real Estate Research, 2004, 26, (4), 371-396 (2004)
65. Time-Varying Macroeconomic Risk and Commercial Real Estate: An Asset Pricing Perspective
    Journal of Real Estate Portfolio Management, 2004, 10, (1), 47-57

2003

66. Interest rate sensitivity and risk premium of property stocks
    Journal of Property Research, 2003, 20, (2), 117-132 View citations (6)
67. Property Company Stock Price and Net Asset Value: A Mean Reversion Perspective
    The Journal of Real Estate Finance and Economics, 2003, 27, (2), 235-55 View citations (6)

2002

68. Mean reversion of Singapore property stock prices towards their fundamental values
    Journal of Property Investment & Finance, 2002, 20, (4), 374-387

2001

69. Cyclical relationship between commercial real estate and property stock prices
    Journal of Property Research, 2001, 18, (4), 309-320 View citations (1)
70. Real estate and corporate valuation: an asset pricing perspective
    Managerial and Decision Economics, 2001, 22, (7), 355-368
71. The long‐term investment performance of Singapore real estate and property stocks
    Journal of Property Investment & Finance, 2001, 19, (2), 156-174

2000

72. The dynamics of the Singapore commercial property market
    Journal of Property Research, 2000, 17, (4), 279-291 View citations (9)