The importance of disturbances in financial markets for real economic activity and the positive association between price level and output movements typically are explained by appeal to a combination of nominal aggregate demand shocks (particularly money-supply shocks) and rigid prices. We argue that this view is inconsistent with evidence for short-run responsiveness of prices and gold flows t...

This research is intended to know the influence of interest rate, world oil price, and gold price on joint stock index with inflation as a moderating variables in Indonesia. Population this Indonesia 20 them were selected be samples for through purposive sampling technique. Estimates conducted by multiple regression analysis. The data that used study secondary data, consisted Interest Rate, Wor...

This paper used different copula-based GARCH models (Copula-GARCH model and Copula-GJR-GARCH model) to analyze the dependence structure among gold price, stock price index of gold mining companies and Shanghai Composite Index in China. The empirical results found that the suitable margins were skew-t distribution, and the GJR-GARCH marginal distribution had better explanatory ability than the G...

Abstract Gold has become more popular as well very useful commodity in terms of investment. been used a national reserve for many years, and that makes it crucial the economics any country. Most investors running to gold safe area from uncertainty political chaos. Determining price movement helps focus their investments, government make correct decision about economy since is key element world ...