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assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …
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(ESCB) has agreed to the temporary transfer of the national central bank's gold to a debt agency in full independence. This …This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … such a suggestion will be highly controversial. However, a necessary condition is that the European System of Central Banks …
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(ESCB) has agreed to the temporary transfer of the national central bank’s gold to a debt agency in full independence. This …This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … such a suggestion will be highly controversial. However, a necessary condition is that the European System of Central Banks …
Persistent link: https://www.econbiz.de/10010255196