Browsing by Author "Nandelenga"

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Do Gold and Crude Oil Act as Portfolio Diversifiers, Safe Haven Assets or Hedge Instruments Against Volatility in Stock Markets and Exchange Rates? Evidence from sub Saharan Afric

Wafula, Martin; Alagidede, Imhotep; Simpasa, Anthony; Nandelenga (African Economic Research Consortium, 2022-01-12)

This paper examines whether gold and crude oil are used as diversifying, hedging or as safe haven assets against stock markets and exchange rate volatility in selected African countries. We use daily data for South ...