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http://dx.doi.org/10.13067/JKIECS.2014.9.3.393

Portfolio of Real Estate Price Index for ICT Environment Study on Diversification Effect  

Jang, Dae-Seub (전주대학교대학원 부동산학과)
Min, Guy-Sik (전주대학교 금융보험부동산학부)
Publication Information
The Journal of the Korea institute of electronic communication sciences / v.9, no.3, 2014 , pp. 393-402 More about this Journal
Abstract
ICT environment to the survey released by the Bureau of Statistics 2012 Household Finance. Korean Welfare survey 24.9% of all households in financial assets, real estate is about three times more than 69.9%, respectively. The problem is that the information is slow and income deciles(deciles 1-4), a relatively high proportion of households with low(78.8 to 69%) of the real estate assets of the expansion of the world economy with low growth and low uncertainty, work from home due to the information changes in the structure of the economy, such as increases in real estate prices remain exposed to the risk of a phenomenon such as Pour House Pour Talent and low-income people is bound to be more serious symptoms. This low correlation is by constructing a composite asset portfolio, the weighted average risk of the individual assets while increasing overall revenue decrease that risk is based on the principle of portfolio by type and different areas in the ICT environment in a portfolio of real estate price index low correlation to financial assets by including the effect of dispersion stable complex asset portfolio and empirical Growth was divided.
Keywords
Real Estate Index; House Poor; Financial Derivatives; Portfolio Diversification Effect; ICT Environment;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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