Article Per Year (5 Year)
p-Index From 2019 - 2024
0.23
P-Index
This Author published in this journals
All Journal International Research Journal of Business Studies (E-Journal)
Ashima Gaba
Dept. of Commerce and Business Studies, Jamia Millia Islamia-a Central University, New Delhi-110025, India
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Reaction of Indian Gold Exchange Traded Funds to Covid-19 Cases and Fatalities Ashima Gaba; Ravinder Kumar
INTERNATIONAL RESEARCH JOURNAL OF BUSINESS STUDIES Vol 14, No 3 (2021): December 2021 - March 2022
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.14.3.187-198

Abstract

Exchange Traded Funds (ETFs) are recently popularised new form of financial market instruments that provide benefit of both mutual funds and stocks. Present study investigated if there exists any difference between the average returns of selected Gold ETFs during COVID-19 era against pre COVID-19 era and subsequently analysed the long term and short term impact of new COVID-19 cases and fatalities on returns of Gold ETFs through Auto-regressive distributed lag (ARDL) model. It has been observed that in long term new COVID-19 cases had positive and significant impact on the returns of ETFs while new fatalities had significant negative impact on the returns of all the Gold ETFs except for BSLGOLD ETF. Short-run relationship between dependent and independent variables was in contrast to the long-term relationship. https://doi.org/10.21632/irjbs.14.3.187-198
Co-Authors Ravinder Kumar