Muckenhaupt, JanHoesli, MartinZhu, Bing2025-07-102025-07-102025-09Muckenhaupt, J, Hoesli, M & Zhu, B 2025, 'Real Estate as an Inflation Hedge : New Evidence from an International Analysis', North American Journal of Economics and Finance, vol. 80, 102488. https://doi.org/10.1016/j.najef.2025.102488ORCID: /0000-0003-2173-1200/work/187894133https://hdl.handle.net/2164/25685275691325engInflation HedgingReal Estate SecuritiesDirect Real EstateMarkov-SwitchingUnexpected Inflationimpulse response functionsHG FinanceSupplementary DataDASHGReal Estate as an Inflation Hedge : New Evidence from an International AnalysisJournal article10.1016/j.najef.2025.10248880