{"id":"https://openalex.org/W2943884504","doi":"https://doi.org/10.1016/j.frl.2019.04.001","title":"Does gold or Bitcoin hedge economic policy uncertainty?","display_name":"Does gold or Bitcoin hedge economic policy uncertainty?","publication_year":2019,"publication_date":"2019-04-08","ids":{"openalex":"https://openalex.org/W2943884504","doi":"https://doi.org/10.1016/j.frl.2019.04.001","mag":"2943884504"},"language":"en","primary_location":{"id":"doi:10.1016/j.frl.2019.04.001","doi":"https://doi.org/10.1016/j.frl.2019.04.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.frl.2019.04.001","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5042586104","display_name":"Shan Wu","orcid":"https://orcid.org/0000-0002-4924-8598","observed_orcids":["https://orcid.org/0000-0002-4924-8598"]},"institutions":[{"id":"https://openalex.org/I204831749","display_name":"Southwestern University of Finance and Economics","ror":"https://ror.org/04ewct822","country_code":"CN","type":"education","lineage":["https://openalex.org/I204831749"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shan Wu","raw_affiliation_strings":["Collaborative Innovation Center of Financial Security, Southwestern University of Finance and Economics, Chengdu, China","School of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Collaborative Innovation Center of Financial Security, Southwestern University of Finance and Economics, Chengdu, China","institution_ids":["https://openalex.org/I204831749"]},{"raw_affiliation_string":"School of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, China","institution_ids":["https://openalex.org/I204831749"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Mu Tong","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I204831749","display_name":"Southwestern University of Finance and Economics","ror":"https://ror.org/04ewct822","country_code":"CN","type":"education","lineage":["https://openalex.org/I204831749"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Mu Tong","raw_affiliation_strings":["Collaborative Innovation Center of Financial Security, Southwestern University of Finance and Economics, Chengdu, China","School of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Collaborative Innovation Center of Financial Security, Southwestern University of Finance and Economics, Chengdu, China","institution_ids":["https://openalex.org/I204831749"]},{"raw_affiliation_string":"School of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, China","institution_ids":["https://openalex.org/I204831749"]}]},{"author_position":"middle","author":{"id":null,"display_name":"Zhongyi Yang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I204831749","display_name":"Southwestern University of Finance and Economics","ror":"https://ror.org/04ewct822","country_code":"CN","type":"education","lineage":["https://openalex.org/I204831749"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zhongyi Yang","raw_affiliation_strings":["School of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economic Information Engineering, Southwestern University of Finance and Economics, Chengdu, China","institution_ids":["https://openalex.org/I204831749"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5019517837","display_name":"Abdelkader Mohamed Sghaier Derbali","orcid":"https://orcid.org/0000-0003-4098-3120","observed_orcids":["https://orcid.org/0000-0003-4098-3120","https://orcid.org/0000-0001-8602-2910","https://orcid.org/0000-0002-6416-8887"]},"institutions":[{"id":"https://openalex.org/I23075662","display_name":"Taibah University","ror":"https://ror.org/01xv1nn60","country_code":"SA","type":"education","lineage":["https://openalex.org/I23075662"]}],"countries":["SA"],"is_corresponding":false,"raw_author_name":"Abdelkader Derbali","raw_affiliation_strings":["Community College in Madinah, Taibah University, Medina, Saudi Arabia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Community College in Madinah, Taibah University, Medina, Saudi Arabia","institution_ids":["https://openalex.org/I23075662"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I204831749"],"apc_list":{"value":1250,"currency":"USD","value_usd":1250},"apc_paid":null,"fwci":43.0157,"has_fulltext":false,"cited_by_count":267,"citation_normalized_percentile":{"value":0.99822273,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":99,"max":100},"biblio":{"volume":"31","issue":null,"first_page":"171","last_page":"178"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.003599999938160181,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/gold","display_name":"gold","score":0.9829999804496765},{"id":"https://openalex.org/keywords/bitcoin","display_name":"Bitcoin","score":1.0},{"id":"https://openalex.org/keywords/economic-policy-uncertainty","display_name":"economic policy uncertainty","score":0.9860000014305115},{"id":"https://openalex.org/keywords/hedging","display_name":"hedging","score":0.746999979019165},{"id":"https://openalex.org/keywords/safe-haven-assets","display_name":"safe-haven assets","score":0.8579999804496765},{"id":"https://openalex.org/keywords/cryptocurrency","display_name":"cryptocurrency","score":0.6610000133514404},{"id":"https://openalex.org/keywords/portfolio-diversification","display_name":"portfolio diversification","score":0.8370000123977661},{"id":"https://openalex.org/keywords/extreme-market-conditions","display_name":"extreme market conditions","score":0.7120000123977661},{"id":"https://openalex.org/keywords/garch-models","display_name":"GARCH models","score":0.47600001096725464},{"id":"https://openalex.org/keywords/quantile-regression","display_name":"quantile regression","score":0.9940000176429749}],"concepts":[{"id":"https://openalex.org/C2992712416","wikidata":"https://www.wikidata.org/wiki/Q7398532","display_name":"Safe haven","level":2,"score":0.8585814237594604},{"id":"https://openalex.org/C70771513","wikidata":"https://www.wikidata.org/wiki/Q235779","display_name":"Hedge","level":2,"score":0.83388352394104},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6969220638275146},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6496433019638062},{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.5705332159996033},{"id":"https://openalex.org/C23922673","wikidata":"https://www.wikidata.org/wiki/Q180752","display_name":"Autoregressive conditional heteroskedasticity","level":3,"score":0.5421825647354126},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5387656688690186},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.531448483467102},{"id":"https://openalex.org/C11039479","wikidata":"https://www.wikidata.org/wiki/Q791975","display_name":"Gold as an investment","level":2,"score":0.4303883910179138},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.380740761756897},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.19896230101585388},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.07937443256378174},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.frl.2019.04.001","doi":"https://doi.org/10.1016/j.frl.2019.04.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.frl.2019.04.001","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:finlet:v:31:y:2019:i:c:p:171-178","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1544612318308894","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G3399356577","display_name":null,"funder_award_id":"71603031","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7599384154","display_name":"\u57fa\u4e8e\u590d\u6742\u91d1\u878d\u7f51\u7edc\u7684\u65e5\u95f4\u6d41\u52a8\u6027\u98ce\u9669\u7ba1\u7406\u4e0e\u76d1\u7ba1\u7814\u7a76","funder_award_id":"71473201","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":25,"referenced_works":["https://openalex.org/W2145501956","https://openalex.org/W2523675164","https://openalex.org/W2526568049","https://openalex.org/W2539680302","https://openalex.org/W2551769064","https://openalex.org/W2594518722","https://openalex.org/W2740288336","https://openalex.org/W2743377355","https://openalex.org/W2783933003","https://openalex.org/W2789755461","https://openalex.org/W2792660547","https://openalex.org/W2793906868","https://openalex.org/W2886832133","https://openalex.org/W2898449608","https://openalex.org/W2905707131","https://openalex.org/W2910161434","https://openalex.org/W3121940608","https://openalex.org/W3122159869","https://openalex.org/W3122510629","https://openalex.org/W3123090177","https://openalex.org/W3123281029","https://openalex.org/W3123299411","https://openalex.org/W3123598957","https://openalex.org/W3126081245","https://openalex.org/W6734973888"],"related_works":["https://openalex.org/W3202885842","https://openalex.org/W3012495214","https://openalex.org/W3164516628","https://openalex.org/W4282043824","https://openalex.org/W4205169197","https://openalex.org/W3215277942","https://openalex.org/W7171702512","https://openalex.org/W4406700078","https://openalex.org/W7154017837","https://openalex.org/W3008053121"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":18},{"year":2025,"cited_by_count":33},{"year":2024,"cited_by_count":31},{"year":2023,"cited_by_count":47},{"year":2022,"cited_by_count":43},{"year":2021,"cited_by_count":50},{"year":2020,"cited_by_count":36},{"year":2019,"cited_by_count":9}],"updated_date":"2026-10-29T09:56:32.521200","created_date":"2019-05-16T00:00:00"}
