Agnese, Pablo; Garcia-del-Barrio, Pedro; Gil-Alaña, Luis A. - 2023
, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that …This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium … gold still is the most prominent safe haven asset within this particular asset class. Our analysis highlights gold …