Contents of the volume

2016, Volume 69 - Issue 4

ISSN: 2499-8265
RSS feed citation: At RePEc
Publication date: 13 October 2016

EMERGING MEGA-INTEGRATION BLOCS: LIMITS AND PROSPECTS

Miroslav N. Jovanovic

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WHY ISN'T EUROPE GROWING?

Matti Viren

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EMU AND THE ANCHORING OF INFLATION EXPECTATIONS

David Mayes, Maritta Paloviita, Matti Viren

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INTERNATIONAL EVIDENCE ON THE FINANCIAL KUZNETS CURVE

Imad Moosa

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COMPARISON OF THE FUNDAMENTAL AND MONETARY MODELS OF THE DETERMINANTS OF THE ARGENTINE PESO/US DOLLAR EXCHANGE RATE

Yu Hsing

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THE IMPACT OF RECENT CRISIS ON THE REAL ESTATE MARKET IN THE UAE: EVIDENCE FROM ASYMMETRIC METHODS

Safa Al-Mohana, Abdulnasser Hatemi-J

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WHAT DRIVES LONG-RUN ECONOMIC GROWTH? EMPIRICAL EVIDENCE FROM SOUTH AFRICA

Themba Chirwa, Nicholas Odhiambo

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Safa AL-MOHANA, Department of Economics and Finance, College of Business and Economics, UAE University, Al Ain, UAE

Co-authors

Abdulnasser HATEMI-J, Department of Economics and Finance, College of Business and Economics, UAE University, Al Ain, UAE

The Impact of Recent Crisis on the Real Estate Market in the UAE: Evidence from Asymmetric Methods

Pages

389-428

Abstract

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.

JEL classification

C32, F16, G15

Keywords

Asymmetric Impacts, Real Estate Markets, Crisis, UAE

Index

  1. Introduction
  2. Overview of the UAE's Real Estate Market
  3. Brief Literature Review
  4. Data and Econometric Methodology
  5. Empirical Results
  6. Concluding Remarks

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