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fisheries in order to estimate support and related market distortions in the aluminium value chain. Results show that non …-market forces, and government support in particular, appear to explain some of the recent increases in aluminium-smelting capacity …. While government support is commonly found throughout the aluminium value chain, it is especially heavy in the People …
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metals (gold, silver, platinum and palladium) from 1999 to 2013. We reveal that the turbulent year of 2008 has no significant … effect on volatility levels of gold and silver however causes an upward shift in the volatility levels of palladium and … the volatility levels of gold and silver. …
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This paper assesses the hedging and downside risk benefits of using gold for currency risk management at different … investment horizons. Using wavelet multi-resolution analysis, we characterized market interdependence between gold and exchange … rates for different time scales, finding positive dependence between gold and US dollar depreciation against a wide set of …
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