Manchester School,
Journal Year:
2024,
Volume and Issue:
unknown
Published: Dec. 19, 2024
ABSTRACT
Investigating
gold's
safe‐haven
status
is
crucial
to
stabilising
energy
and
cryptocurrency
markets.
To
capture
the
dynamic
relationships
between
energy‐related
uncertainty
(ERU),
gold
prices
(GP),
policy
(CPOU),
this
study
employs
TVP‐SV‐VAR
methodology.
Through
quantitative
analysis,
we
find
ERU
has
favourable
unfavourable
effects
on
GP.
The
impact
underscores
role
against
market
uncertainty.
At
same
time,
negative
contradicts
view
theoretical
models,
likely
due
U.S.
dollar's
value
hedging
performance
other
uncertainties.
CPOU,
however,
positively
impacts
GP,
supporting
characteristics
in
aligning
with
predictions.
Gold's
comparably
more
consistent
but
slightly
less
significant.
Additionally,
validates
findings
by
substituting
CPOU
price
(CPRU),
confirming
their
robustness.
Given
high
volatility
markets,
article
offers
valuable
insights
for
authorities
maximise
profits
ensure
stable
growth.
Buildings,
Journal Year:
2025,
Volume and Issue:
15(3), P. 364 - 364
Published: Jan. 24, 2025
This
paper
employs
bootstrap
rolling-window
tests
to
investigate
the
dynamic
causal
relationship
between
housing
boom
(HB)
and
technological
innovation
(TI)
in
China.
Through
sub-sample
analysis,
we
reveal
dual
impact
of
HB
on
TI:
during
periods
dominated
by
liquidity
effect,
exerts
a
positive
influence
TI,
whereas
crowding-out
negatively
affects
TI.
Furthermore,
this
study
identifies
significant
effect
TI
HB,
suggesting
that
serves
as
predictor
real
estate
development
trends.
research
not
only
provides
empirical
evidence
bidirectional
interaction
but
also
offers
valuable
insights
for
policymakers
terms
balancing
market
