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at a large public employer in the state of Oregon. The program substantially increased cost-sharing, specifically …
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social insurance for workplace disability. We leverage a unique workers' compensation (WC) program in Oregon that provides …
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This study analyzes the question whether gold provides the ability of hedging against inflation from a new perspective …. Using data for four major economies, namely the USA, the UK, the Euro Area, and Japan, we allow for nonlinearity and …: First, we show that gold is partially able to hedge future inflation in the long-run and this ability is stronger for the …
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This paper re-examines gold's role as a tool for investors to manage their portfolio risk. We begin by assessing gold … UK and US equity indices. Next, we apply a Markov-Switching CAPM to assess whether two distinct states exist between gold … one state matches the definition of a Safe Haven from the literature. Using this new approach, we find that gold is …
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