An Empirical Analysis on the Inflation Rate Affect on Gold Price: 2000-2010

摘要：

based on the study on the gold price and the inflation rate from the year of 2000 to 2010, we apply the empirical analysis of time series and find that the Consume Price Index and gold price are correlated in the long run, but the Consume Price Index have limited effect on the fluctuations of gold price in the short run.Therefore, gold is a good anti-inflation tool in the long run, but in the short-term the Consume Price Index can not be used to predict the gold price.

作者: YI Juan YUAN Xuemei

作者单位: School of Economics, University of Jinan,Jinan Shandong, P.R.China, 250022 School of Economics, University of Jinan, Jinan Shandong, P.R.China, 250022

会议类型: 国际会议

会议名称: The Fourth International Institute of Statistics & Management Engineering Symposium(第四届(2011)国际统计与管理工程研讨会 IISMES 2011)

会议地点: 大连

会议语种:英文

页码: 553-556

在线出版日期: 2011-07-24（万方平台首次上网日期，不代表论文的发表时间）