Please use this identifier to cite or link to this item: http://hdl.handle.net/10662/24147
Title: Effect of Economic Policy Uncertainty on the investment in numismatic assets: Evidence for the Walking Liberty Half Dollar
Authors: Paule Vianez, Jessica
Alcázar Blanco, Antonio
Coca Pérez, José Luis
Keywords: Inversiones Alternativas;Alternative investments;Incertidumbre Politica Economica;Economic Policy Uncertainty;Valor Refugio;Safe haven
Issue Date: 2022
Publisher: Elsevier
Abstract: This study proposes to analyse the numismatic assets investment under Economic Policy Uncertainty (EPU). By applying a panel data approach to a sample of 25 different coins minted between 1916 and 1947 and valued annually from 2000 to 2019, it is shown that investing in the Walking Liberty Half Dollar can be considered a safe-haven asset when faced with EPU. However, of all the coins, only those minted during the Great Crash of 1929 and Second World War fulfil this characteristic. These findings have significant implications for investors, providing them with an attractive alternative investment in times of high EPU.
URI: http://hdl.handle.net/10662/24147
ISSN: 1544-6123
DOI: 10.1016/j.frl.2021.102412
Appears in Collections:DEFYC - Artículos

Files in This Item:
File Description SizeFormat 
j_frl_2021_102412.pdf393,83 kBAdobe PDFView/Open


This item is licensed under a Creative Commons License Creative Commons