Global uncertainty and potential shelters: gold, bitcoin, and currencies as weak and strong safe havens for main world stock markets
Abstract This article investigates five safe-haven asset responses from 2014 to 2022, including the unprecedented COVID-19 crisis, Russian invasion of Ukraine, and sharp US interest rate increases of 2015 and 2022. We apply the unique approach of the multivariate factor stochastic volatility (MSV) m...
| Published in: | Financial Innovation |
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| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2024-03-01
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| Subjects: | |
| Online Access: | https://doi.org/10.1186/s40854-023-00589-w |