2016, Volume 69 - Issue 4
RSS feed citation: At RePEc
Publication date: 13 October 2016
EMU AND THE ANCHORING OF INFLATION EXPECTATIONSRead the article
COMPARISON OF THE FUNDAMENTAL AND MONETARY MODELS OF THE DETERMINANTS OF THE ARGENTINE PESO/US DOLLAR EXCHANGE RATERead the article
THE IMPACT OF RECENT CRISIS ON THE REAL ESTATE MARKET IN THE UAE: EVIDENCE FROM ASYMMETRIC METHODSRead the article
Safa AL-MOHANA, Department of Economics and Finance, College of Business and Economics, UAE University, Al Ain, UAE
Abdulnasser HATEMI-J, Department of Economics and Finance, College of Business and Economics, UAE University, Al Ain, UAE
We explore empirically the impact of the world real estate crisis on the UAE real estate market. We consider the Global Financial Crisis (GFC) in our investigation. Besides the asymmetric causality test methods we also use recently developed asymmetric generalized impulse response functions and variance decompositions, which separate the effect of positive shocks from those of negative ones. The empirical results that this paper provides can be very informative and useful for both investors and policy makers.
C32, F16, G15
Asymmetric Impacts, Real Estate Markets, Crisis, UAE
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