EconPapers    
Economics at your fingertips  
 

The financial economics of gold — A survey

Fergal A. O'Connor, Brian M. Lucey, Jonathan Batten () and Dirk G. Baur

International Review of Financial Analysis, 2015, vol. 41, issue C, 186-205

Abstract: We review the literature on gold as an investment. We summarize a wide variety of literature, including the papers in this special issue of International Review of Financial Analysis to which this survey acts as an editorial introduction. We begin with a review of how the gold markets operate, including the underresearched leasing market; we proceed to examine research on physical gold demand and supply, gold mine economics and move onto analyses of gold as an investment. Additional sections provide context on gold market efficiency, the issue of gold market bubbles, gold's relation to inflation and interest rates, and the very nascent literature on the behavioural aspects of gold.

Keywords: Gold; Survey; Review (search for similar items in EconPapers)
JEL-codes: E44 F33 G15 L72 Q31 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1057521915001325
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The Financial Economics of Gold - a survey (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finana:v:41:y:2015:i:c:p:186-205

Access Statistics for this article

International Review of Financial Analysis is currently edited by B.M. Lucey

More articles in International Review of Financial Analysis from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-04-04
Handle: RePEc:eee:finana:v:41:y:2015:i:c:p:186-205