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Article: Report summarizes life sciences study findings from M. Baroni and co-researchers.
- Article from:
- Real Estate Weekly News
- Article date:
- October 31, 2008
CopyrightCOPYRIGHT 2008 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"Index-based derivatives markets are fast developing in Europe, the US and Asia. Both valuation based and transactions based indices are used as bases for these derivatives contracts," investigators in France report.
"This paper addresses the issue of revision effects on key index parameters, and their implications for derivatives pricing and questions whether these indices may be suitable for derivatives. More specifically, we address the issue of the robustness of the price level, mean, and volatility estimates for two repeat sales real estate price indices: the classical Weighted Repeat Sales (WRS) method and a Principal Component Analysis (PCA) factorial ...