Does gold act as a hedge against inflation in the UK? Evidence from a fractional cointegration approach over 1257 to 2016

Aye, GC; Carcel, H; Gil-Alana, LA; Gupta, R

Aye, GC (reprint author), Univ Pretoria, Dept Econ, ZA-0002 Pretoria, South Africa.

RESOURCES POLICY, 2017; 54 ( ): 53

Abstract

This paper examines the inflation hedging ability of gold in the UK based on a fractional integration and co-integration framework. This gives more fl......

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