Pavlidis, Efthymios; Yusupova, Alisa; Paya, Ivan; Peel, … - Department of Economics, Management School - 2014
The detection of explosive behavior in house prices and the implementation of early warning diagnosis tests are of great importance for policy-making. This paper applies the GSADF test developed by Phillips et al. (2012) and Phillips et al. (2013), a novel procedure for testing, detection and...