Essays about: "Timberland characteristics"
Found 1 essay containing the words Timberland characteristics.
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1. Properties of Timberland Returns
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Assumptions and proxies underlying the return composition of timberland investments have created a divergence of findings in academics' and practitioners' research alike. This paper removes the necessity for these assumptions by including price estimates from timberland property brokers in a complete Swedish dataset (1951-2011) and suggests that the previous proxies bare little resemblance of actual timberland returns. READ MORE
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