Abstract
We use wavelet models to surface the relationship between gold miners stock prices and the price of gold. We find that there is little relationship in the short run but some significant and long-standing long-run relationships. Gold prices appear to lead gold miner stock prices.
| Original language | English |
|---|---|
| Pages (from-to) | 90-94 |
| Number of pages | 5 |
| Journal | Applied Economics Letters |
| Volume | 24 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 19 Jan 2017 |
| Externally published | Yes |
Keywords
- gold miners
- Gold mining
- substitution
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