The Role of Gold as a Hedge or Safe Haven in African Stock Markets during the COVID-19 Pandemic
This study seeks to investigate the role of gold as a hedge or safe haven against African stock movements during the COVID-19 pandemic by using a two-state Markov Regime-Switching approach. The findings suggest that gold serves as a weak hedge in Malawi, Morocco, Nigeria, Tunisia, and Zambia, a weak...
Main Authors: | Damien KUNJAL, Delane Deborah NAIDU |
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Format: | Article |
Language: | English |
Published: |
Editura ASE
2023-10-01
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Series: | Management and Economics Review |
Subjects: | |
Online Access: | https://www.mer.ase.ro/files/2023-3/8-3-9.pdf |
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