How real estate bubbles affect the systemic risk of financial institutions in the United Arab Emirates
The paper addresses a crucial gap in the literature by examining the interplay between real estate price bubbles and systemic risk in the United Arab Emirates (UAE) from 2006 to 2022. The paper employs a three-step testing procedure: bubble detection using the bootstrapped GSADF test, measuring syst...
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| Format: | Article |
| Language: | English |
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Elsevier
2024-01-01
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| Series: | Heliyon |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844023103616 |