Is gold a hedge or a safe haven?Evidence from inflation and stock market
Gold with special nature has always been regarded as a safe asset. This paper examine whether gold serves as a hedge for stock or/and inflation in China mainland market. Employing improved classic methods, and some new methods, such as quantile regression and binary probit model, our empirical resul...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
International Society for Development and Sustainability (ISDS)
2013-03-01
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Series: | International Journal of Development and Sustainability |
Subjects: | |
Online Access: | http://isdsnet.com/ijds-v2n1-2.pdf |