Table 6 Results of gold in emerging and... | Emerald Publishing

Table 6

Results of gold in emerging and developed countries

Quantiles	Emerging				Developed
Quantiles	SI	GB	IS	IB	SI	GB	IS	IB
0.05	0.0049^***	0.0447^***	−0.0416^***	−0.4198^***	−0.0251^***	−0.3755^***	0.1577^***	−0.8651^***
0.1	−0.0178^***	−0.0185^***	−0.0473^***	−0.0428^***	−0.1255^***	−0.1341^***	0.0548^***	0.8777^***
0.25	−0.0685^***	−0.0056^***	−0.0190^***	0.6779^***	−1.3250^***	0.1306^***	0.1739^***	1.0561^***
0.5	−1.2582	0.4952	1.478	0.6771	−0.3444	0.0478	0.3001	0.6738
0.75	−0.2569^***	−0.0004	0.2325^***	0.2956^***	−0.2561^***	−0.1953^***	0.1745^***	0.0982^***
0.9	0.4540^***	−0.0484^***	0.4410^***	−1.0211^***	−0.1355^***	−0.3808^***	0.0963^***	−1.2963^***
0.95	−0.5574	0.0483	0.4352	−2.1872^***	−0.0529^***	−0.1735^***	0.1230^***	−2.0225^***

Quantiles	Emerging				Developed
Quantiles	SI	GB	IS	IB	SI	GB	IS	IB
0.05	0.0049^***	0.0447^***	−0.0416^***	−0.4198^***	−0.0251^***	−0.3755^***	0.1577^***	−0.8651^***
0.1	−0.0178^***	−0.0185^***	−0.0473^***	−0.0428^***	−0.1255^***	−0.1341^***	0.0548^***	0.8777^***
0.25	−0.0685^***	−0.0056^***	−0.0190^***	0.6779^***	−1.3250^***	0.1306^***	0.1739^***	1.0561^***
0.5	−1.2582	0.4952	1.478	0.6771	−0.3444	0.0478	0.3001	0.6738
0.75	−0.2569^***	−0.0004	0.2325^***	0.2956^***	−0.2561^***	−0.1953^***	0.1745^***	0.0982^***
0.9	0.4540^***	−0.0484^***	0.4410^***	−1.0211^***	−0.1355^***	−0.3808^***	0.0963^***	−1.2963^***
0.95	−0.5574	0.0483	0.4352	−2.1872^***	−0.0529^***	−0.1735^***	0.1230^***	−2.0225^***

Note(s): ^***, ^**stands for 1% and 5% level of significance; The significance in italics implied safe haven assets