Forecasting the Price of Gold: An error correction approach

dc.contributor.author	Gangopadhyay, Kausik
dc.contributor.author	Jangir, Abhishek
dc.contributor.author	Sensarma, Rudra
dc.date.accessioned	2016-05-27T04:46:28Z
dc.date.available	2016-05-27T04:46:28Z
dc.date.issued	2014
dc.identifier.uri	http://hdl.handle.net/2259/702
dc.description	1 Assistant Professor, Indian Institute of Management Kozhikode 2 NAV Capital LLP, Mumbai, India 3 Associate Professor, , Indian Institute of Management Kozhikode	en_US
dc.description.abstract	Gold prices in Indian market may be influenced by a multitude of factors such as investment decision, inflation hedge and consumption motives. Gold prices are modelled using a vector error correction model. We identify investment decision and inflation hedge as prime movers of the data. We also present out-of-sample forecasts of our model and the related properties	en_US
dc.language.iso	en	en_US
dc.publisher	Indian Institute of Management Kozhikode	en_US
dc.relation.ispartofseries	;IIMK/WPS/155/ECO/2014/13
dc.subject	Gold price	en_US
dc.subject	cointegration	en_US
dc.subject	vector error correction model	en_US
dc.subject	hedge	en_US
dc.title	Forecasting the Price of Gold: An error correction approach	en_US
dc.type	Working Paper	en_US