Investigating the relationship between g
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Alvaro Escribano; Clive W. J. Granger
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Article
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1998
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John Wiley and Sons
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English
β 362 KB
π 1 views
This paper analyses the long-run relationship between gold and silver prices. The three main questions addressed are: the inΒ―uence of a large bubble from 1979 : 9 to 1980 : 3 on the cointegration relationship, the extent to which by including error-correction terms in a non-linear way we can beat th