Akhtaruzzaman, M. ; Boubaker, S. ; Lucey, B.M. ; Sensoy, A. Is gold a hedge or a safe-haven asset in the COVID–19 crisis?. 2021 Economic Modelling. 102 -
Ali, F. ; Sensoy, A. ; Goodell, J.W. Identifying diversifiers, hedges, and safe havens among Asia Pacific equity markets during COVID-19: New results for ongoing portfolio allocation. 2023 International Review of Economics & Finance. 85 744-792
- Ante, L. ; Fiedler, I. ; Strehle, E. The influence of stablecoin issuances on cryptocurrency markets. 2020 Finance Research Letters. 41 -
Paper not yet in RePEc: Add citation now
Baur, D.G. ; Hong, K. ; Lee, A.D. Bitcoin: Medium of exchange or speculative assets?. 2018 Journal of International Financial Markets, Institutions and Money. 54 177-189
Baur, D.G. ; Lucey, B.M. Is gold a hedge or a safe haven? An analysis of stocks, bonds and gold. 2010 Financial Review. 45 217-229
Baur, D.G. ; McDermott, T.K. Is gold a safe haven? International evidence. 2010 Journal of Banking & Finance. 34 1886-1898
Baur, D.G. ; McDermott, T.K.J. Why is gold a safe haven?. 2016 Journal of Behavioral and Experimental Finance. 10 63-71
Będowska-Sójka, B. ; Kliber, A. Is there one safe-haven for various turbulences? The evidence from gold, bitcoin and ether. 2021 The North American Journal of Economics and Finance. 56 -
Bekiros, S. ; Boubaker, S. ; Nguyen, D.K. ; Uddin, G.S. Black swan events and safe havens: The role of gold in globally integrated emerging markets. 2017 Journal of International Money and Finance. 73 317-334
Castrén, O. ; Kavonius, I.K. ; Rancan, M. Digital currencies in financial networks. 2022 Journal of Financial Stability. 60 -
Chan, K. ; Yang, J. ; Zhou, Y. Conditional co-skewness and safe-haven currencies: A regime switching approach. 2018 Journal of Empirical Finance. 48 58-80
Chang, M.-S. ; Ju, P. ; Liu, Y. ; Hsueh, S.-C. Determining hedges and safe havens for stocks using interval analysis. 2022 The North American Journal of Economics and Finance. 61 -
Conlon, T. ; Corbet, S. ; McGee, R.J. Are cryptocurrencies a safe haven for equity markets? An international perspective from the COVID-19 pandemic. 2020 Research in International Business and Finance. 54 -
Conlon, T. ; McGee, R. Safe haven or risky hazard? Bitcoin during the covid-19 bear market. 2020 Finance Research Letters. 35 -
Corbet, S. ; Meegan, A. ; Larkin, C. ; Lucey, B. ; Yarovaya, L. Exploring the dynamic relationships between cryptocurrencies and other financial assets. 2018 Economics Letters. 165 28-34
Diniz-Maganini, N. ; Diniz, E.H. ; Rasheed, A.A. Bitcoin's price efficiency and safe haven properties during the COVID-19 pandemic: A comparison. 2021 Research in International Business and Finance. 58 -
Duan, K. ; Urquhart, A. The instability of stablecoins. 2023 Finance Research Letters. 52 -
Duan, K. ; Zhao, Y. ; Wang, Z. ; Chang, Y. Asymmetric spillover from bitcoin to green and traditional assets: A comparison with gold. 2023 International Review of Economics & Finance. 88 1397-1417
- Dyhrberg, A.H. Bitcoin, gold and the dollar – a GARCH volatility analysis. 2016 Finance Research Letters. 16 85-92
Paper not yet in RePEc: Add citation now
Dyhrberg, A.H. Hedging capabilities of bitcoin. Is it the virtual gold?. 2016 Finance Research Letters. 16 139-144
Engle, R. Dynamic conditional correlation: A simple class of multivariate generalized autoregressive conditional heteroskedasticity models. 2002 Journal of Business & Economic Statistics. 20 339-350
- Fang, Y. ; Shao, Z. ; Zhao, Y. Risk spillovers in global financial markets: Evidence from the COVID-19 crisis. 2023 International Review of Economics & Finance. 83 821-840
Paper not yet in RePEc: Add citation now
Gil-Alana, L.A. ; Abakah, E.J.A. ; Rojo, M.F.R. Cryptocurrencies and stock market indices. Are they related?. 2020 Research in International Business and Finance. 51 -
- Grobys, K. ; Junttila, J. ; Kolari, J.W. ; Sapkota, N. On the stability of stablecoins. 2021 Journal of Empirical Finance. 64 207-223
Paper not yet in RePEc: Add citation now
Gubareva, M. ; Bossman, A. ; Teplova, T. Stablecoins as the cornerstone in the linkage between the digital and conventional financial markets. 2023 The North American Journal of Economics and Finance. 68 -
- Guesmi, K. ; Saadi, S. ; Abid, I. ; Ftiti, Z. Portfolio diversification with virtual currency: Evidence from bitcoin. 2018 International Review of Financial Analysis. 63 431-437
Paper not yet in RePEc: Add citation now
Gurdgiev, C. ; Petrovskiy, A. Hedging and safe haven assets dynamics in developed and developing markets: Are different markets that much different?. 2024 International Review of Financial Analysis. 92 -
- Gürgün, G. ; Ünalmış, İ. Is gold a safe haven against equity market investment in emerging and developing countries?. 2014 Finance Research Letters. 11 341-348
Paper not yet in RePEc: Add citation now
He, Z. ; O'Connor, F. ; Thijssen, J. Is gold a sometime safe haven or an always hedge for equity investors? A markov-switching CAPM approach for US and UK stock indices. 2018 International Review of Financial Analysis. 60 30-37
- Hoang, L.T. ; Baur, D.G. How stable are stablecoins?. 2021 The European Journal of Finance. 1-17
Paper not yet in RePEc: Add citation now
Huang, Y. ; Duan, K. ; Mishra, T. Is bitcoin really more than a diversifier? A pre- and post-COVID-19 analysis. 2021 Finance Research Letters. 43 -
- Huang, Y. ; Duan, K. ; Urquhart, A. Time-varying dependence between bitcoin and green financial assets: A comparison between pre- and post-COVID-19 periods. 2022 Journal of International Financial Markets, Institutions and Money. 82 -
Paper not yet in RePEc: Add citation now
- Huynh, T.L.D. ; Nasir, M.A. ; Vo, X.V. ; Nguyen, T.T. “Small things matter most”: The spillover effects in the cryptocurrency market and gold as a silver bullet. 2020 The North American Journal of Economics and Finance. 54 -
Paper not yet in RePEc: Add citation now
Karakaplan, M.U. This time is really different: The multiplier effect of the Paycheck Protection Program (PPP) on small business bank loans. 2021 Journal of Banking & Finance. 113 -
- Kołodziejczyk, H. Stablecoins as diversifiers, hedges and safe havens: A quantile coherency approach. 2023 The North American Journal of Economics and Finance. 66 -
Paper not yet in RePEc: Add citation now
Konstantakis, K.N. ; Xidonas, P. ; Michaelides, P.G. ; Goutte, S. Gold and CoVid-19: Uncovering the safe haven hypothesis with dynamic MSR modeling. 2023 International Review of Financial Analysis. 89 -
Li, X. ; Wei, Y. The dependence and risk spillover between crude oil market and China stock market: New evidence from a variational mode decomposition-based copula method. 2018 Energy Economics. 74 565-581
Liu, C.-S. ; Chang, M.-S. ; Wu, X. ; Chui, C.M. Hedges or safe havens—revisit the role of gold and USD against stock: A multivariate extended skew-tcopula approach. 2016 Quantitative Finance. 16 1763-1789
Long, S. ; Pei, H. ; Tian, H. ; Lang, K. Can both bitcoin and gold serve as safe-haven assets? — a comparative analysis based on the NARDL model. 2021 International Review of Financial Analysis. 78 -
- Mariana, C.D. ; Ekaputra, I.A. ; Husodo, Z.A. Are Bitcoin and Ethereum safe-havens for stocks during the COVID-19 pandemic?. 2020 Finance Research Letters. 38 -
Paper not yet in RePEc: Add citation now
Mensi, W. ; Al Rababa’a, A.R. ; Vo, X.V. ; Kang, S.H. Asymmetric spillover and network connectedness between crude oil, gold, and Chinese sector stock markets. 2021 Energy Economics. 98 -
Ming, L. ; Yang, P. ; Liu, Q. Is gold a hedge or a safe haven against stock markets? Evidence from conditional comoments. 2023 Journal of Empirical Finance. 74 -
Ming, L. ; Zhang, X. ; Liu, Q. ; Yang, S. A revisit to the hedge and safe haven properties of gold: New evidence from China. 2020 Journal of Futures Markets. 40 1442-1456
Mokni, K. ; Youssef, M. ; Ajmi, A.N. COVID-19 pandemic and economic policy uncertainty: The first test on the hedging and safe haven properties of cryptocurrencies. 2022 Research in International Business and Finance. 60 -
Newey, W.K. ; West, K.D. A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix. 1987 Econometrica. 55 703-708
Nguyen, Q.N. ; Bedoui, R. ; Majdoub, N. ; Guesmi, K. ; Chevallier, J. Hedging and safe-haven characteristics of Gold against currencies: An investigation based on multivariate dynamic copula theory. 2020 Resources Policy. 68 -
Oefele, N. ; Baur, D.G. ; Smales, L.A. Flight-to-Quality - money market mutual Funds and stablecoins during the March 2023 banking crisis. 2024 Economics Letters. 234 -
Ranaldo, A. ; Söderlind, P. Safe haven currencies. 2010 Review of Finance. 14 385-407
Ratner, M. ; Chiu, C.-C. ; Jason, Hedging stock sector risk with credit default swaps. 2013 International Review of Financial Analysis. 30 18-25
- Reboredo, J.C. Is gold a hedge or safe haven against oil price movements?. 2013 Resources Policy. 38 130-137
Paper not yet in RePEc: Add citation now
Reboredo, J.C. Is gold a safe haven or a hedge for the US dollar? Implications for risk management. 2013 Journal of Banking & Finance. 37 2665-2676
Reboredo, J.C. ; Rivera-Castro, M.A. Can gold hedge and preserve value when the US dollar depreciates?. 2014 Economic Modelling. 39 168-173
Rubbaniy, G. ; Khalid, A.A. ; Samitas, A. Are cryptos safe-haven assets during covid-19? Evidence from wavelet coherence analysis. 2021 Emerging Markets Finance and Trade. 57 1741-1756
Sakurai, Y. How has the relationship between safe haven assets and the US stock market changed after the global financial crisis?. 2021 Journal of International Financial Markets, Institutions and Money. 75 -
Selmi, R. ; Mensi, W. ; Hammoudeh, S. ; Bouoiyour, J. Is bitcoin a hedge, a safe haven or a diversifier for oil price movements? A comparison with gold. 2018 Energy Economics. 74 787-801
Shahzad, S.J.H. ; Bouri, E. ; Roubaud, D. ; Kristoufek, L. Safe haven, hedge and diversification for G7 stock markets: Gold versus bitcoin. 2020 Economic Modelling. 87 212-224
Shahzad, S.J.H. ; Bouri, E. ; Roubaud, D. ; Kristoufek, L. ; Lucey, B. Is Bitcoin a better safe-haven investment than gold and commodities?. 2019 International Review of Financial Analysis. 63 322-330
Uddin, G.S. ; Yahya, M. ; Goswami, G.G. ; Lucey, B. ; Ahmed, A. Stock market contagion during the COVID-19 pandemic in emerging economies. 2022 International Review of Economics & Finance. 79 302-309
Wang, G.-J. ; Ma, X. ; Wu, H. Are stablecoins truly diversifiers, hedges, or safe havens against traditional cryptocurrencies as their name suggests?. 2020 Research in International Business and Finance. 54 -
Wen, X. ; Cheng, H. Which is the safe haven for emerging stock markets, gold or the US dollar?. 2018 Emerging Markets Review. 35 69-90
Zeng, T. ; Yang, M. ; Shen, Y. Fancy Bitcoin and conventional financial assets: Measuring market integration based on connectedness networks. 2020 Economic Modelling. 90 209-220