Angesichts der Gaskrise und der russischen Invasion der Ukraine ist der Markthochlauf von Wasserstoff noch dringlicher geworden für die europäische und die deutsche Energiepolitik. Die ehrgeizigen Ziele für grünen Wasserstoff stellen die Europäische Union (EU) und die junge...

Angesichts der Gaskrise und der russischen Invasion der Ukraine ist der Markthochlauf von Wasserstoff noch dringlicher geworden für die europäische und die deutsche Energiepolitik. Die ehrgeizigen Ziele für grünen Wasserstoff stellen die Europäische Union (EU) und die junge...

Arbitrage and liquidity are interrelated. Liquidity facilitates arbitrageurs’ trading on deviations from the law of one price. However, whether arbitrage opportunity leads to an increase or decrease in liquidity depends on the cause of the deviation. A demand shock leads to greater liquidity,...

To find out if gold remains to be unlinked with the crude oil market after the 2008 financial crisis, we investigated how long-run price linkages and price causalities among crude oil and gold markets changed before and after the crisis. To have a good reference, we also tested the same issue...

To find out if gold remains to be unlinked with the crude oil market after the 2008 financial crisis, we investigated how long-run price linkages and price causalities among crude oil and gold markets changed before and after the crisis. To have a good reference, we also tested the same issue...

The present study examines the effects of oil price on white precious metal returns by using quantile-on-quantile regression proposed by Sim and Zhou (2015). In this study, we mainly focus on the returns of three white precious metals, which include palladium, silver, and platinum. The study is...