Future Business Journal

Table 6 Semiparametric estimates of d for the fully sampled volatility series

From: Price and volatility persistence of the US REITs market

w	T^0.4	T^0.45	T^0.5	T^0.55	T^0.6	T^0.65	T^0.7	T^0.75	T^0.76	T^0.79
Price index	0.6736	0.5369	0.6544	0.6068	0.3596	0.3060	0.2381	0.2432	0.2362	0.2327
Market index	0.6550	0.5674	0.6127	0.6600	0.3919	0.3034	0.2332	0.2408	0.2408	0.2211

w and T are the bandwidth number and the total number of observations, respectively. Values in bold are those cases where the d estimates are significantly lower than 0.5

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