Table 7 Results of UCRY price in... | Emerald Publishing

Table 7

Results of UCRY price in emerging and developed countries

Quantiles	Emerging				Developed
Quantiles	SI	GB	IS	IB	SI	GB	IS	IB
0.05	−0.1760^***	0.0149^***	0.1060^***	0.2437^***	−0.0141^***	−0.0428^***	−0.0029^***	1.1229^***
0.1	−0.0684^***	−0.0017^***	0.0286^***	0.3436^***	0.0064^***	−0.0762^***	0.0116^***	0.7584^***
0.25	−0.0231^***	0.0375^***	0.0025^***	0.2535^***	−0.0141^***	−0.0372^***	−0.0040^***	0.4149^***
0.5	0.0041^***	0.0107^***	−0.0020^***	0.0193^***	0.0664	−0.5571	−0.0646	−0.4204
0.75	0.0166^***	−0.0004^***	−0.0297^***	−0.1106^***	−0.0129^***	0.0051^***	−0.0039^***	−0.1102^***
0.9	0.1338^***	−0.1318^***	−0.1278^***	−0.3766^***	0.001	−0.0044^***	0.0135^***	−1.0061^***
0.95	4.9393	−0.6334	−4.1953	−7.9924	−0.5192^***	0.3278^***	0.4848^***	0.3745^***

Quantiles	Emerging				Developed
Quantiles	SI	GB	IS	IB	SI	GB	IS	IB
0.05	−0.1760^***	0.0149^***	0.1060^***	0.2437^***	−0.0141^***	−0.0428^***	−0.0029^***	1.1229^***
0.1	−0.0684^***	−0.0017^***	0.0286^***	0.3436^***	0.0064^***	−0.0762^***	0.0116^***	0.7584^***
0.25	−0.0231^***	0.0375^***	0.0025^***	0.2535^***	−0.0141^***	−0.0372^***	−0.0040^***	0.4149^***
0.5	0.0041^***	0.0107^***	−0.0020^***	0.0193^***	0.0664	−0.5571	−0.0646	−0.4204
0.75	0.0166^***	−0.0004^***	−0.0297^***	−0.1106^***	−0.0129^***	0.0051^***	−0.0039^***	−0.1102^***
0.9	0.1338^***	−0.1318^***	−0.1278^***	−0.3766^***	0.001	−0.0044^***	0.0135^***	−1.0061^***
0.95	4.9393	−0.6334	−4.1953	−7.9924	−0.5192^***	0.3278^***	0.4848^***	0.3745^***

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