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...

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Bibliographic Details
Main Authors: Dee, J., Li, L., Zheng, Z.
Format: Article
Language:English
Published: International Society for Development and Sustainability (ISDS) 2013-03-01
Series:International Journal of Development and Sustainability
Subjects:
Online Access:http://isdsnet.com/ijds-v2n1-2.pdf