Information frictions in real estate markets: recent evidence and issues

D Broxterman, T Zhou - The Journal of Real Estate Finance and …, 2023 - Springer
This article reviews research on the economics of information in real estate. It covers equity
investment in private and public markets and intermediation by brokers. The review shows …

Global REIT regulations and valuation

S Gogineni, P Jain, A Upadhyay - International Review of Economics & …, 2024 - Elsevier
We make three contributions to the real estate investment trust (REIT) and global business
literature in this paper. First, we provide the first comprehensive overview of the REIT …

Freedom of choice impact on country-specific liquidity commonality

P Jain, M Mekhaimer, RW Spahr… - Review of Quantitative …, 2024 - Springer
We use three facets of freedom of choice (opportunity, decisional autonomy, and immunity
from interference) to develop a freedom of choice index for 46 countries and test its impact …

CDS contract initiations: REIT board monitoring and corporate decision outcomes

V Baulkaran, P Jain - Journal of Financial Research, 2023 - Wiley Online Library
In this article, we investigate whether the negative creditor governance shock due to the
initiation of credit default swap (CDS) contracts results in monitoring substitution effects …

Freedom of Choice and Liquidity Co-movement

P Jain, MA Mekhaimer, RW Spahr… - Available at SSRN …, 2020 - papers.ssrn.com
We develop freedom of choice indices for 46 countries and test its influence on systematic
liquidity co-movements. Country-specific indices reflect the impacts of three aspects of …