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Vplyv behaviorálnej pozornosti na volatilitu ceny zlata
Gregorovičová, Marianna
In this work, I will examine the relationship between the investor´s behavior at-tention in gold on the Internet, through search queries on Google, and the volatili-ty of gold price. The aim of the paper is to find out whether investor´s interest in gold is af-fecting the volatility of the gold price or vice versa, whether the changing gold price raises investor´s interest in this rare metal and whether gold is Veblen Good. The theoretical part contains a summary of literary research on commodities, gold, behavioral economy, behavioral finance, and Google Trends. It also includes significant existing studies dealing with behavioral factors and the price of gold. The benefit of the work is to identify the relationship between gold volatility and the Search Volume Index for investing in gold earned from Google Trends. The relationship will be identified by a glide correlation analysis on windows of different lengths.

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5 Gregorovičová, Martina
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