Is gold a hedge or a safe-haven asset in the COVID–19 crisis?
This study examines the role of gold as a hedge or safe-haven asset in different phases of the COVID-19 pandemic crisis, corresponding to the timing of fiscal and monetary stimuli to support the weakened economy. Using high-frequency data, the results show that gold served as a safe-haven asset for...
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| Published in: | Economic modelling Vol. 102; p. 105588 |
|---|---|
| Main Authors: | , , , |
| Format: | Journal Article |
| Language: | English |
| Published: |
Elsevier B.V
01.09.2021
Elsevier |
| Subjects: | |
| ISSN: | 0264-9993, 1873-6122 |
| Online Access: | Get full text |
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