An Analysis of Gold Futures as an Alternative Asset: Evidence from India

<p>This study incorporates the regime switching framework to investigate the hedge and safe haven property of gold futures against the stock and bond market movements. The Markov-Switching Vector Autoregression (MS-VAR) model is adopted, which splits the whole sample period into two extreme re...

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Bibliographic Details
Main Authors: Ritika Jaiswal, Rashmi Uchil
Format: Article
Language:English
Published: EconJournals 2018-11-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/7346