Financial market risk and gold investment in an emerging market: the case of Turkey

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Financial market risk and gold investment in an emerging market: the case of Turkey

This study aims to identify the opportunity cost of holding gold, in relation to the stock market for case of Turkey. The focus is to detect if gold acts as a safe haven or a hedge asset in times of distress. The Threshold GARCH (TARCH) model was utilized. The analysis used daily data for the peri...

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Bibliographic Details
Main Authors:	Bayram, Kamola, Abdullah, Adam, Meera, Ahamed Kameel Mydin
Format:	Article
Language:	English
Published:	IIUM Press 2017
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/61090/ http://irep.iium.edu.my/61090/1/258-1-678-1-10-20171231.pdf

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