Gold, bonds, and epidemics: A safe haven study
Finance Research Letters(2022)
摘要
•Gold is a weak safe haven for stock market investors during all the epidemics.•U.S. bonds are the best safe haven for stock market investors followed by Japanese bonds.•Most patterns are very similar for all the epidemics, excluding Swine Flu.
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关键词
SARS,Ebola,Zika,Swine flu,COVID-19,DCC-GARCH,Sovereign bonds,Gold,Pandemics
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