Googling Gold in Indonesia

Tanaya, Olivia and Suyanto, Suyanto (2021) Googling Gold in Indonesia. In: The 3rd International Conference of Economics Business & Entrepreneurship (ICEBE) 2020, 1 Oktober 2020, Universitas Multimedia Nusantara, Tangerang & Universitas Lampung, Lampung.

	PDF Olivia_Suyanto_ISBN Abstract Book_ICEBE 2020.pdf Download (5MB)
	PDF EAI_Googling Gold in Indonesia.pdf Download (161kB)

Abstract

In this modern world, collecting information becomes easier and quicker. Google Search dominates the market worldwide as an important source of information. With the number of people use it, many researchers try to utilize it as a tool to observe the behavior of population. Previous researches mainly focus on the stock market, while the researches in the commodity maker are still rare. This research applies an auto regressive model and Granger causality to explores the relationship between investor attention (captured by Google Trend) and gold. Indonesia has the largest gold mine in the world and there is a growing trend from people to invest in gold especially through digital platforms. The number of people use Google Search to collect information in Indonesia will support the exploration of investor attention. The result shows that when there is a positive return in gold, it will decrease search queries. In return, the negative return will increase search queries. This result shows how people treat gain and loss differently. In addition, google trend can be used as an instrument to forecast gold return.

Item Type:	Conference or Workshop Item (Paper)
Uncontrolled Keywords:	google trend, google search, investor attention, gold, Indonesia
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions H Social Sciences > HG Finance
Divisions:	Faculty of Business and Economic > Department of Economic
Depositing User:	OLIVIA TANAYA
Date Deposited:	18 Mar 2021 08:52
Last Modified:	25 Nov 2021 03:19
URI:	http://repository.ubaya.ac.id/id/eprint/39029

Actions (login required)

View Item