Since 2014
Gold-Stock Market Relationship: Emerging Markets versus Developed Markets
Emerging Markets Journal
View Archive Info| Field | Value | |
| Title |
Gold-Stock Market Relationship: Emerging Markets versus Developed Markets
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| Creator |
Seifoddini, Jalal
Roodposhti, Fraydoon Rahnamay Kamali, Elahe |
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| Subject |
Gold; Stock Market; Safe Haven; Hedge; Regime Switching
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| Description |
We perform a comparative study on the gold-stock market relationship in U.S. stock market as a developed market and in Iran stock market as an emerging market. By considering appropriate variables for emerging markets and by providing a more proper methodology, we improve earlier studies. According to our findings, the relationship between stock market returns and gold price returns does not follow any specific regimes and that this relationship changes in short and long term returns. It is necessary to mention that in the present research, we did not consider this relationship in major structural changes in the economies and instead considered usual economic circumstances that investors are regularly faced with in their investment decisions.
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| Publisher |
University Library System, University of Pittsburgh
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| Contributor |
—
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| Date |
2017-09-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://emaj.pitt.edu/ojs/index.php/emaj/article/view/126
10.5195/emaj.2017.126 |
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| Source |
EMAJ: Emerging Markets Journal; Vol 7, No 1 (2017); 17-24
2158-8708 2159-242X |
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| Language |
eng
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| Relation |
http://emaj.pitt.edu/ojs/index.php/emaj/article/view/126/286
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| Rights |
Copyright (c) 2017 EMAJ: Emerging Markets Journal
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