Autocracies in developing countries are more likely to collapse during economic crises. Some influential works and popular media extend this argument to oil-rich autocracies, but cross-national empirical studies find little evidence to support this view. Yet, while the causes of their stability...

To find out if gold remains to be unlinked with the crude oil market after the 2008 financial crisis, we investigated how long-run price linkages and price causalities among crude oil and gold markets changed before and after the crisis. To have a good reference, we also tested the same issue...