Showing 1 - 10 of 2,155
increasing demand for metals like copper and lithium due to the growth in renewable energies and electromobility, metal abundant … the causal relationships among these energy transition metals and other major assets like gold and bitcoin, and how they …
Persistent link: https://www.econbiz.de/10014230169
This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium …, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that … gold still is the most prominent safe haven asset within this particular asset class. Our analysis highlights gold …
Persistent link: https://www.econbiz.de/10014246740
Bitcoin in particular and so-called cryptocurrencies in general have shaken up the financial world and seem to be … indicate that, as of late, bitcoin has become increasingly interdependent with gold, and seems just as suitable to hedge …
Persistent link: https://www.econbiz.de/10012517614
By allowing for imperfectly informed markets and the role of private information, we offer new insights about observed deviations of portfolio concentrations in domestic relative to foreign risky assets, or "home bias", from what standard finance models predict. Our model ascribes the "bias" to...
Persistent link: https://www.econbiz.de/10009516904
It is commonly argued that crises open up a window of opportunity to implement policies that otherwise would not have the necessary political backing. The argument goes that the political cost of deep reforms declines as crises unravel structural problems that need to be urgently rectified and...
Persistent link: https://www.econbiz.de/10012164495
This paper focuses on the spatial variation in the uptake of social security benefits following a large and detrimental exogenous shock. Specifically, we focus on the Global Financial Crisis (GFC) and the onset of the COVID-19 pandemic. We construct a two-period panel of 66 Territorial...
Persistent link: https://www.econbiz.de/10013347147
the case of metal crime, where in the face of big increases in value driven by world commodity prices, the incidence of …
Persistent link: https://www.econbiz.de/10011853434
The strikes' literature is dominated by the causes and effects of strike action as they relate directly to strikers themselves. This paper considers another important group of affected workers - those individuals incidentally made idle as a result of the strike action of others. Using a unique...
Persistent link: https://www.econbiz.de/10003858874
This study investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997-1998 Asian financial crisis in South Korea. We measure the overall welfare effect by examining their labor market activities, family...
Persistent link: https://www.econbiz.de/10012179332
We examine the impact of COVID-19 on employment in South Korea as of June 2020. To estimate the causal effect, we use two complementary methods. First, using individual-level data without residence information, we estimate the effects by controlling for detailed characteristics of individuals....
Persistent link: https://www.econbiz.de/10012431574