Boubaker, Heni; Cunado, Juncal; Gil-Alana, Luis A.; Gupta, Rangan
(Elsevier, 2020-02)
Using annual data spanning the period of 1258–2018, we test the safe haven characteristic of gold in the wake of global crises. We find that, when we allow for regime-switching to capture nonlinearity and structural breaks, ...