Song, JeongseopLiow, Kim Hiang2022-07-272022-07-272023-09-01Song, J & Liow, K H 2023, 'Industrial tail exposure risk and asset price : Evidence from US REITs', Real Estate Economics, vol. 51, no. 5, pp. 1209-1245. https://doi.org/10.1111/1540-6229.124021080-8620RIS: urn:2CBD9AA528D6FB1A63D900F13ADFD9D4ORCID: /0000-0002-5312-9321/work/118192556https://hdl.handle.net/2164/18935ACKNOWLEDGMENTS We thank Lu Han (the editor) and an anonymous referee for constructive comments and suggestions. We also acknowledge helpful comments from Kian Guan Lim, Cristian Badarinza, Graeme Newell, Tien Foo Sing, and seminar participants at the National University of Singapore37737679engSDG 15 - Life on Landasset pricecross-section of returnsreal estate investment trusts (REITs)risk aversiontail dependencetail riskHD Industries. Land use. LaborHDJournal article10.1111/1540-6229.12402515