Figures & data
Table 1. Variable description and source of data
Table 2. Descriptive statistics of variables in the model
Table 3. ADF unit root test results
Table 4. Testing optimal lag selection of PVAR model for Asia
Table 5. Testing optimal lag selection of PVAR model for Europe
Table 6. Results of Granger causality test
Table 7. Variance decomposition analysis
Table A1. Review of selected studies on the relationship between stock market, gold price and exchange rate