Is gold investment a safe haven or a hedge for the Malaysian inflation?
This study examines the long and short term abilities of gold to hedge against inflation in Malaysia during the period from 1971 to 2011. The Johansen cointegration results reveal that there is a long term relationship between gold price and consumer price index. Using the Tsay’s linearity test, the...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Malaysia Sarawak
2017
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| Online Access: | http://psasir.upm.edu.my/id/eprint/62222/1/Is%20gold%20investment%20a%20safe%20haven%20or%20a%20hedge%20for%20the%20Malaysian%20inflation.pdf |