作者
Raj Aggarwal, Brian M Lucey
发表日期
2007/1/1
期刊
Review of Financial Economics
卷号
16
期号
2
页码范围
217-230
出版商
No longer published by Elsevier
简介
This paper examines for the first time the existence of psychological barriers in a variety of daily and intra-day gold price series. This paper uses a number of statistical procedures and presents evidence of psychological barriers in gold prices. We document that prices in round numbers act as barriers with important effects on the conditional mean and variance of the gold price series around psychological barriers.
引用总数
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学术搜索中的文章
R Aggarwal, BM Lucey - Review of Financial Economics, 2007