Figure 3 The reactions of the securitized and direct industrial property returns to shocks in the fundamentals

quarters from the shock

01 23456789 10 11 12
quarters from the shock

quarters from the shock

0.06
0.05
0.04
0.03
0.02
0.01
0.00
-0.01
-0.02


01 23456789 10 11 12
quarters from the shock
0123456789 10 11 12
quarters from the shock


-0.04
Response of dTBI to dIRN
0.04
0.00
0.03
0.02
0.01
-0.01
-0.02
-0.03
0123456789 10 11 12
-0.04
Response ofdTBIto dSE
0.04
0.00
0.03
0.02
0.01
-0.01
-0.02
-0.03
01 23456789 10 11 12
quarters from the shock
quarters from the shock
Response of dRET to dIRN
0.04 -∣---------------------------------------------------------------------
0.03 - ∖
0.02 -
4
0.01 - X
____ X
0.00-- ʌ-Z~Z∑3 = ≈""∣
-0.01 - " *"
-0.02 -
-0.03 -
-0.04 --------------1-----------1------------1-----------1-----------1-----------1------------1-----------1-----------1------------1-----------1-----------1------------1-
01 23456789 10 11 12
quarters from the shock

22
More intriguing information
1. The name is absent2. The name is absent
3. The role of statin drugs in combating cardiovascular diseases
4. Governance Control Mechanisms in Portuguese Agricultural Credit Cooperatives
5. The name is absent
6. Studying How E-Markets Evaluation Can Enhance Trust in Virtual Business Communities
7. The demand for urban transport: An application of discrete choice model for Cadiz
8. Aktive Klienten - Aktive Politik? (Wie) Läßt sich dauerhafte Unabhängigkeit von Sozialhilfe erreichen? Ein Literaturbericht
9. The name is absent
10. MATHEMATICS AS AN EXACT AND PRECISE LANGUAGE OF NATURE