id	sid	tid	token	lemma	pos
emaj-66	1	1	the	the	DET
emaj-66	1	2	relationship	relationship	NOUN
emaj-66	1	3	between	between	ADP
emaj-66	1	4	gold	gold	NOUN
emaj-66	1	5	prices	price	NOUN
emaj-66	1	6	and	and	CCONJ
emaj-66	1	7	exchange	exchange	NOUN
emaj-66	1	8	value	value	NOUN
emaj-66	1	9	of	of	ADP
emaj-66	1	10	us	us	PROPN
emaj-66	1	11	dollar	dollar	NOUN
emaj-66	1	12	in	in	ADP
emaj-66	1	13	india	india	PROPN
emaj-66	1	14	girish	girish	PROPN
emaj-66	1	15	karunakaran	karunakaran	PROPN
emaj-66	1	16	nair	nair	PROPN
emaj-66	1	17	program	program	NOUN
emaj-66	1	18	leader	leader	NOUN
emaj-66	1	19	,	,	PUNCT
emaj-66	1	20	international	international	ADJ
emaj-66	1	21	hospitality	hospitality	NOUN
emaj-66	1	22	management	management	NOUN
emaj-66	1	23	,	,	PUNCT
emaj-66	1	24	stenden	stenden	PROPN
emaj-66	1	25	university	university	PROPN
emaj-66	1	26	,	,	PUNCT
emaj-66	1	27	doha	doha	PROPN
emaj-66	1	28	–	–	PUNCT
emaj-66	1	29	qatar	qatar	NOUN
emaj-66	1	30	|	|	NOUN
emaj-66	1	31	email	email	NOUN
emaj-66	1	32	:	:	PUNCT
emaj-66	1	33	gknair75@gmail.com	gknair75@gmail.com	X
emaj-66	1	34	nidhi	nidhi	PROPN
emaj-66	1	35	choudhary	choudhary	PROPN
emaj-66	1	36	assistant	assistant	PROPN
emaj-66	1	37	professor	professor	PROPN
emaj-66	1	38	,	,	PUNCT
emaj-66	1	39	sbi	sbi	PROPN
emaj-66	1	40	school	school	PROPN
emaj-66	1	41	of	of	ADP
emaj-66	1	42	commerce	commerce	PROPN
emaj-66	1	43	&	&	CCONJ
emaj-66	1	44	banking	banking	PROPN
emaj-66	1	45	,	,	PUNCT
emaj-66	1	46	banasthali	banasthali	PROPN
emaj-66	1	47	unviersity	unviersity	PROPN
emaj-66	1	48	,	,	PUNCT
emaj-66	1	49	fms	fms	PROPN
emaj-66	1	50	-	-	PUNCT
emaj-66	1	51	wisdom	wisdom	NOUN
emaj-66	1	52	,	,	PUNCT
emaj-66	1	53	rajasthan	rajasthan	PROPN
emaj-66	1	54	,	,	PUNCT
emaj-66	1	55	india	india	PROPN
emaj-66	1	56	|	|	NOUN
emaj-66	1	57	email	email	NOUN
emaj-66	1	58	:	:	PUNCT
emaj-66	1	59	nidhic10@gmail.com	nidhic10@gmail.com	X
emaj-66	1	60	harsh	harsh	ADJ
emaj-66	1	61	purohit	purohit	PROPN
emaj-66	1	62	dean	dean	PROPN
emaj-66	1	63	,	,	PUNCT
emaj-66	1	64	fms	fms	PROPN
emaj-66	1	65	-	-	PUNCT
emaj-66	1	66	wisdom	wisdom	NOUN
emaj-66	1	67	,	,	PUNCT
emaj-66	1	68	sbi	sbi	PROPN
emaj-66	1	69	school	school	PROPN
emaj-66	1	70	of	of	ADP
emaj-66	1	71	commerce	commerce	PROPN
emaj-66	1	72	&	&	CCONJ
emaj-66	1	73	banking	banking	PROPN
emaj-66	1	74	,	,	PUNCT
emaj-66	1	75	banasthali	banasthali	PROPN
emaj-66	1	76	unviersity	unviersity	PROPN
emaj-66	1	77	,	,	PUNCT
emaj-66	1	78	rajasthan	rajasthan	PROPN
emaj-66	1	79	,	,	PUNCT
emaj-66	1	80	india	india	PROPN
emaj-66	1	81	|	|	NOUN
emaj-66	1	82	email	email	NOUN
emaj-66	1	83	:	:	PUNCT
emaj-66	1	84	deanwisdom@banasthali.in	deanwisdom@banasthali.in	VERB
emaj-66	1	85	abstract	abstract	ADJ
emaj-66	1	86	the	the	DET
emaj-66	1	87	inverse	inverse	NOUN
emaj-66	1	88	relationship	relationship	NOUN
emaj-66	1	89	between	between	ADP
emaj-66	1	90	the	the	DET
emaj-66	1	91	value	value	NOUN
emaj-66	1	92	of	of	ADP
emaj-66	1	93	u.s	u.s	PROPN
emaj-66	1	94	.	.	PROPN
emaj-66	1	95	dollar	dollar	NOUN
emaj-66	1	96	and	and	CCONJ
emaj-66	1	97	that	that	PRON
emaj-66	1	98	of	of	ADP
emaj-66	1	99	gold	gold	NOUN
emaj-66	1	100	is	be	AUX
emaj-66	1	101	one	one	NUM
emaj-66	1	102	of	of	ADP
emaj-66	1	103	the	the	DET
emaj-66	1	104	most	most	ADV
emaj-66	1	105	talked	talk	VERB
emaj-66	1	106	about	about	ADP
emaj-66	1	107	relationships	relationship	NOUN
emaj-66	1	108	in	in	ADP
emaj-66	1	109	currency	currency	NOUN
emaj-66	1	110	markets	market	NOUN
emaj-66	1	111	.	.	PUNCT
emaj-66	2	1	the	the	DET
emaj-66	2	2	present	present	ADJ
emaj-66	2	3	study	study	NOUN
emaj-66	2	4	is	be	AUX
emaj-66	2	5	an	an	DET
emaj-66	2	6	attempt	attempt	NOUN
emaj-66	2	7	to	to	PART
emaj-66	2	8	understand	understand	VERB
emaj-66	2	9	the	the	DET
emaj-66	2	10	impact	impact	NOUN
emaj-66	2	11	of	of	ADP
emaj-66	2	12	recession	recession	NOUN
emaj-66	2	13	of	of	ADP
emaj-66	2	14	2008	2008	NUM
emaj-66	2	15	on	on	ADP
emaj-66	2	16	relationship	relationship	NOUN
emaj-66	2	17	between	between	ADP
emaj-66	2	18	exchange	exchange	NOUN
emaj-66	2	19	rate	rate	NOUN
emaj-66	2	20	of	of	ADP
emaj-66	2	21	us	we	PRON
emaj-66	2	22	dollar	dollar	NOUN
emaj-66	2	23	in	in	ADP
emaj-66	2	24	inr	inr	PROPN
emaj-66	2	25	and	and	CCONJ
emaj-66	2	26	gold	gold	NOUN
emaj-66	2	27	prices	price	NOUN
emaj-66	2	28	in	in	ADP
emaj-66	2	29	india	india	PROPN
emaj-66	2	30	.	.	PUNCT
emaj-66	3	1	the	the	DET
emaj-66	3	2	study	study	NOUN
emaj-66	3	3	uses	use	VERB
emaj-66	3	4	johansen	johansen	PROPN
emaj-66	3	5	cointegration	cointegration	PROPN
emaj-66	3	6	test	test	NOUN
emaj-66	3	7	to	to	PART
emaj-66	3	8	check	check	VERB
emaj-66	3	9	the	the	DET
emaj-66	3	10	long	long	ADJ
emaj-66	3	11	term	term	NOUN
emaj-66	3	12	association	association	NOUN
emaj-66	3	13	between	between	ADP
emaj-66	3	14	exchange	exchange	NOUN
emaj-66	3	15	rate	rate	NOUN
emaj-66	3	16	of	of	ADP
emaj-66	3	17	us	we	PRON
emaj-66	3	18	dollar	dollar	NOUN
emaj-66	3	19	in	in	ADP
emaj-66	3	20	inr	inr	PROPN
emaj-66	3	21	and	and	CCONJ
emaj-66	3	22	gold	gold	NOUN
emaj-66	3	23	prices	price	NOUN
emaj-66	3	24	in	in	ADP
emaj-66	3	25	india	india	PROPN
emaj-66	3	26	and	and	CCONJ
emaj-66	3	27	it	it	PRON
emaj-66	3	28	further	far	ADV
emaj-66	3	29	uses	use	VERB
emaj-66	3	30	the	the	DET
emaj-66	3	31	granger	granger	PROPN
emaj-66	3	32	causality	causality	PROPN
emaj-66	3	33	test	test	NOUN
emaj-66	3	34	to	to	PART
emaj-66	3	35	check	check	VERB
emaj-66	3	36	the	the	DET
emaj-66	3	37	lead	lead	NOUN
emaj-66	3	38	lag	lag	NOUN
emaj-66	3	39	relationship	relationship	NOUN
emaj-66	3	40	between	between	ADP
emaj-66	3	41	the	the	DET
emaj-66	3	42	variables	variable	NOUN
emaj-66	3	43	.	.	PUNCT
emaj-66	4	1	a	a	DET
emaj-66	4	2	separate	separate	ADJ
emaj-66	4	3	pre	pre	NOUN
emaj-66	4	4	,	,	PUNCT
emaj-66	4	5	during	during	ADP
emaj-66	4	6	and	and	CCONJ
emaj-66	4	7	post	post	VERB
emaj-66	4	8	recession	recession	NOUN
emaj-66	4	9	analysis	analysis	NOUN
emaj-66	4	10	of	of	ADP
emaj-66	4	11	the	the	DET
emaj-66	4	12	variables	variable	NOUN
emaj-66	4	13	is	be	AUX
emaj-66	4	14	done	do	VERB
emaj-66	4	15	to	to	PART
emaj-66	4	16	understand	understand	VERB
emaj-66	4	17	the	the	DET
emaj-66	4	18	impact	impact	NOUN
emaj-66	4	19	of	of	ADP
emaj-66	4	20	recession	recession	NOUN
emaj-66	4	21	on	on	ADP
emaj-66	4	22	this	this	DET
emaj-66	4	23	relationship	relationship	NOUN
emaj-66	4	24	.	.	PUNCT
emaj-66	5	1	the	the	DET
emaj-66	5	2	study	study	NOUN
emaj-66	5	3	highlights	highlight	VERB
emaj-66	5	4	how	how	SCONJ
emaj-66	5	5	this	this	DET
emaj-66	5	6	relationship	relationship	NOUN
emaj-66	5	7	has	have	AUX
emaj-66	5	8	changed	change	VERB
emaj-66	5	9	since	since	SCONJ
emaj-66	5	10	the	the	DET
emaj-66	5	11	global	global	ADJ
emaj-66	5	12	turmoil	turmoil	NOUN
emaj-66	5	13	.	.	PUNCT
emaj-66	6	1	key	key	ADJ
emaj-66	6	2	words	word	NOUN
emaj-66	6	3	:	:	PUNCT
emaj-66	6	4	gold	gold	NOUN
emaj-66	6	5	price	price	NOUN
emaj-66	6	6	;	;	PUNCT
emaj-66	6	7	value	value	NOUN
emaj-66	6	8	of	of	ADP
emaj-66	6	9	dollar	dollar	NOUN
emaj-66	6	10	;	;	PUNCT
emaj-66	6	11	johansen	johansen	PROPN
emaj-66	6	12	co	co	PROPN
emaj-66	6	13	-	-	NOUN
emaj-66	6	14	integration	integration	NOUN
emaj-66	6	15	;	;	PUNCT
emaj-66	6	16	ganger	ganger	NOUN
emaj-66	6	17	causality	causality	PROPN
emaj-66	6	18	.	.	PUNCT
emaj-66	7	1	new	new	ADJ
emaj-66	7	2	articles	article	NOUN
emaj-66	7	3	in	in	ADP
emaj-66	7	4	this	this	DET
emaj-66	7	5	journal	journal	NOUN
emaj-66	7	6	are	be	AUX
emaj-66	7	7	licensed	license	VERB
emaj-66	7	8	under	under	ADP
emaj-66	7	9	a	a	DET
emaj-66	7	10	creative	creative	ADJ
emaj-66	7	11	commons	common	NOUN
emaj-66	7	12	attribution	attribution	NOUN
emaj-66	7	13	3.0	3.0	NUM
emaj-66	7	14	united	unite	VERB
emaj-66	7	15	states	states	PROPN
emaj-66	7	16	license	license	NOUN
emaj-66	7	17	.	.	PUNCT
emaj-66	8	1	this	this	DET
emaj-66	8	2	journal	journal	NOUN
emaj-66	8	3	is	be	AUX
emaj-66	8	4	published	publish	VERB
emaj-66	8	5	by	by	ADP
emaj-66	8	6	the	the	DET
emaj-66	8	7	university	university	NOUN
emaj-66	8	8	library	library	NOUN
emaj-66	8	9	system	system	NOUN
emaj-66	8	10	of	of	ADP
emaj-66	8	11	the	the	DET
emaj-66	8	12	university	university	PROPN
emaj-66	8	13	of	of	ADP
emaj-66	8	14	pittsburgh	pittsburgh	PROPN
emaj-66	8	15	as	as	ADP
emaj-66	8	16	part	part	NOUN
emaj-66	8	17	of	of	ADP
emaj-66	8	18	its	its	PRON
emaj-66	8	19	d	d	NOUN
emaj-66	8	20	-	-	PUNCT
emaj-66	8	21	scribe	scribe	VERB
emaj-66	8	22	digital	digital	ADJ
emaj-66	8	23	publishing	publishing	NOUN
emaj-66	8	24	program	program	NOUN
emaj-66	8	25	,	,	PUNCT
emaj-66	8	26	and	and	CCONJ
emaj-66	8	27	is	be	AUX
emaj-66	8	28	cosponsored	cosponsor	VERB
emaj-66	8	29	by	by	ADP
emaj-66	8	30	the	the	DET
emaj-66	8	31	university	university	PROPN
emaj-66	8	32	of	of	ADP
emaj-66	8	33	pittsburgh	pittsburgh	PROPN
emaj-66	8	34	press	press	NOUN
emaj-66	8	35	.	.	PUNCT
emaj-66	9	1	volume	volume	NOUN
emaj-66	9	2	5	5	NUM
emaj-66	9	3	no	no	DET
emaj-66	9	4	1	1	NUM
emaj-66	9	5	(	(	PUNCT
emaj-66	9	6	2015	2015	NUM
emaj-66	9	7	)	)	PUNCT
emaj-66	9	8	|	|	ADV
emaj-66	9	9	issn	issn	VERB
emaj-66	9	10	2158	2158	NUM
emaj-66	9	11	-	-	SYM
emaj-66	9	12	8708	8708	NUM
emaj-66	9	13	(	(	PUNCT
emaj-66	9	14	online	online	NOUN
emaj-66	9	15	)	)	PUNCT
emaj-66	9	16	|	|	ADV
emaj-66	9	17	doi	doi	X
emaj-66	9	18	10.5195	10.5195	NUM
emaj-66	9	19	/	/	SYM
emaj-66	9	20	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	10	1	|	|	ADV
emaj-66	10	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	10	3	|	|	ADV
emaj-66	10	4	mailto:gknair75@gmail.com	mailto:gknair75@gmail.com	PROPN
emaj-66	10	5	mailto:nidhic10@gmail.com	mailto:nidhic10@gmail.com	PROPN
emaj-66	10	6	mailto:deanwisdom@banasthali.in	mailto:deanwisdom@banasthali.in	PROPN
emaj-66	10	7	http://www.library.pitt.edu/	http://www.library.pitt.edu/	PROPN
emaj-66	10	8	http://www.pitt.edu/	http://www.pitt.edu/	NOUN
emaj-66	10	9	http://www.library.pitt.edu/articles/digpubtype/index.html	http://www.library.pitt.edu/articles/digpubtype/index.html	X
emaj-66	11	1	http://www.upress.pitt.edu/upressindex.aspx	http://www.upress.pitt.edu/upressindex.aspx	NUM
emaj-66	11	2	http://creativecommons.org/licenses/by/3.0/us/	http://creativecommons.org/licenses/by/3.0/us/	NOUN
emaj-66	11	3	volume	volume	NOUN
emaj-66	11	4	5	5	NUM
emaj-66	11	5	no	no	DET
emaj-66	11	6	1	1	NUM
emaj-66	11	7	(	(	PUNCT
emaj-66	11	8	2015	2015	NUM
emaj-66	11	9	)	)	PUNCT
emaj-66	11	10	|	|	ADV
emaj-66	11	11	issn	issn	VERB
emaj-66	11	12	2158	2158	NUM
emaj-66	11	13	-	-	SYM
emaj-66	11	14	8708	8708	NUM
emaj-66	11	15	(	(	PUNCT
emaj-66	11	16	online	online	NOUN
emaj-66	11	17	)	)	PUNCT
emaj-66	11	18	|	|	ADV
emaj-66	11	19	doi	doi	X
emaj-66	11	20	10.5195	10.5195	NUM
emaj-66	11	21	/	/	SYM
emaj-66	11	22	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	11	23	|	|	ADV
emaj-66	11	24	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	11	25	girish	girish	PROPN
emaj-66	11	26	karunakaran	karunakaran	PROPN
emaj-66	11	27	nair	nair	PROPN
emaj-66	11	28	,	,	PUNCT
emaj-66	11	29	nidhi	nidhi	PROPN
emaj-66	11	30	choudhary	choudhary	PROPN
emaj-66	11	31	,	,	PUNCT
emaj-66	11	32	harsh	harsh	PROPN
emaj-66	11	33	purohit	purohit	ADJ
emaj-66	11	34	emerging	emerge	VERB
emaj-66	11	35	markets	market	NOUN
emaj-66	11	36	journal	journal	NOUN
emaj-66	11	37	|	|	ADV
emaj-66	11	38	p	p	NOUN
emaj-66	11	39	a	a	DET
emaj-66	11	40	g	g	NOUN
emaj-66	11	41	e	e	NOUN
emaj-66	11	42	|17	|17	NOUN
emaj-66	11	43	the	the	DET
emaj-66	11	44	relationship	relationship	NOUN
emaj-66	11	45	between	between	ADP
emaj-66	11	46	gold	gold	NOUN
emaj-66	11	47	prices	price	NOUN
emaj-66	11	48	and	and	CCONJ
emaj-66	11	49	exchange	exchange	NOUN
emaj-66	11	50	value	value	NOUN
emaj-66	11	51	of	of	ADP
emaj-66	11	52	us	us	PROPN
emaj-66	11	53	dollar	dollar	NOUN
emaj-66	11	54	in	in	ADP
emaj-66	11	55	india	india	PROPN
emaj-66	11	56	girish	girish	PROPN
emaj-66	11	57	karunakaran	karunakaran	PROPN
emaj-66	11	58	nair	nair	PROPN
emaj-66	11	59	nidhi	nidhi	PROPN
emaj-66	11	60	choudhary	choudhary	PROPN
emaj-66	11	61	harsh	harsh	PROPN
emaj-66	11	62	purohit	purohit	PROPN
emaj-66	11	63	i.	i.	PROPN
emaj-66	11	64	introduction	introduction	PROPN
emaj-66	11	65	indians	indians	PROPN
emaj-66	11	66	consider	consider	VERB
emaj-66	11	67	the	the	DET
emaj-66	11	68	yellow	yellow	ADJ
emaj-66	11	69	metal	metal	NOUN
emaj-66	11	70	as	as	ADP
emaj-66	11	71	an	an	DET
emaj-66	11	72	object	object	NOUN
emaj-66	11	73	of	of	ADP
emaj-66	11	74	luxury	luxury	NOUN
emaj-66	11	75	believed	believe	VERB
emaj-66	11	76	to	to	PART
emaj-66	11	77	be	be	AUX
emaj-66	11	78	worthy	worthy	ADJ
emaj-66	11	79	for	for	ADP
emaj-66	11	80	only	only	ADJ
emaj-66	11	81	gods	god	NOUN
emaj-66	11	82	and	and	CCONJ
emaj-66	11	83	rulers	ruler	NOUN
emaj-66	11	84	.	.	PUNCT
emaj-66	12	1	the	the	DET
emaj-66	12	2	metal	metal	NOUN
emaj-66	12	3	is	be	AUX
emaj-66	12	4	a	a	DET
emaj-66	12	5	symbol	symbol	NOUN
emaj-66	12	6	of	of	ADP
emaj-66	12	7	wealth	wealth	NOUN
emaj-66	12	8	,	,	PUNCT
emaj-66	12	9	supremacy	supremacy	NOUN
emaj-66	12	10	,	,	PUNCT
emaj-66	12	11	beauty	beauty	NOUN
emaj-66	12	12	,	,	PUNCT
emaj-66	12	13	and	and	CCONJ
emaj-66	12	14	cream	cream	NOUN
emaj-66	12	15	of	of	ADP
emaj-66	12	16	the	the	DET
emaj-66	12	17	crop	crop	NOUN
emaj-66	12	18	and	and	CCONJ
emaj-66	12	19	holds	hold	VERB
emaj-66	12	20	immense	immense	ADJ
emaj-66	12	21	religious	religious	ADJ
emaj-66	12	22	magnitude	magnitude	NOUN
emaj-66	12	23	in	in	ADP
emaj-66	12	24	indian	indian	ADJ
emaj-66	12	25	culture	culture	NOUN
emaj-66	12	26	.	.	PUNCT
emaj-66	13	1	indians	indians	PROPN
emaj-66	13	2	are	be	AUX
emaj-66	13	3	known	know	VERB
emaj-66	13	4	for	for	ADP
emaj-66	13	5	their	their	PRON
emaj-66	13	6	love	love	NOUN
emaj-66	13	7	for	for	ADP
emaj-66	13	8	gold	gold	NOUN
emaj-66	13	9	.	.	PUNCT
emaj-66	14	1	the	the	DET
emaj-66	14	2	jewelry	jewelry	NOUN
emaj-66	14	3	demand	demand	NOUN
emaj-66	14	4	for	for	ADP
emaj-66	14	5	the	the	DET
emaj-66	14	6	metal	metal	NOUN
emaj-66	14	7	is	be	AUX
emaj-66	14	8	highest	high	ADJ
emaj-66	14	9	in	in	ADP
emaj-66	14	10	india	india	PROPN
emaj-66	14	11	.	.	PUNCT
emaj-66	15	1	the	the	DET
emaj-66	15	2	country	country	NOUN
emaj-66	15	3	consumed	consume	VERB
emaj-66	15	4	864	864	NUM
emaj-66	15	5	tones	tone	NOUN
emaj-66	15	6	of	of	ADP
emaj-66	15	7	metal	metal	NOUN
emaj-66	15	8	in	in	ADP
emaj-66	15	9	2012	2012	NUM
emaj-66	15	10	in	in	ADP
emaj-66	15	11	the	the	DET
emaj-66	15	12	form	form	NOUN
emaj-66	15	13	of	of	ADP
emaj-66	15	14	jewellery	jewellery	NOUN
emaj-66	15	15	,	,	PUNCT
emaj-66	15	16	bar	bar	NOUN
emaj-66	15	17	and	and	CCONJ
emaj-66	15	18	coins	coin	NOUN
emaj-66	15	19	only	only	ADV
emaj-66	15	20	(	(	PUNCT
emaj-66	15	21	pwc	pwc	NOUN
emaj-66	15	22	,	,	PUNCT
emaj-66	15	23	2013	2013	NUM
emaj-66	15	24	)	)	PUNCT
emaj-66	15	25	such	such	ADJ
emaj-66	15	26	high	high	ADJ
emaj-66	15	27	consumption	consumption	NOUN
emaj-66	15	28	statistics	statistic	NOUN
emaj-66	15	29	clearly	clearly	ADV
emaj-66	15	30	show	show	VERB
emaj-66	15	31	that	that	SCONJ
emaj-66	15	32	the	the	DET
emaj-66	15	33	prices	price	NOUN
emaj-66	15	34	of	of	ADP
emaj-66	15	35	gold	gold	NOUN
emaj-66	15	36	is	be	AUX
emaj-66	15	37	an	an	DET
emaj-66	15	38	important	important	ADJ
emaj-66	15	39	issue	issue	NOUN
emaj-66	15	40	for	for	ADP
emaj-66	15	41	the	the	DET
emaj-66	15	42	indians	indians	PROPN
emaj-66	15	43	.	.	PUNCT
emaj-66	16	1	the	the	DET
emaj-66	16	2	reverse	reverse	ADJ
emaj-66	16	3	relationship	relationship	NOUN
emaj-66	16	4	between	between	ADP
emaj-66	16	5	the	the	DET
emaj-66	16	6	value	value	NOUN
emaj-66	16	7	of	of	ADP
emaj-66	16	8	u.s	u.s	PROPN
emaj-66	16	9	.	.	PROPN
emaj-66	16	10	dollar	dollar	NOUN
emaj-66	16	11	and	and	CCONJ
emaj-66	16	12	that	that	PRON
emaj-66	16	13	of	of	ADP
emaj-66	16	14	gold	gold	NOUN
emaj-66	16	15	is	be	AUX
emaj-66	16	16	one	one	NUM
emaj-66	16	17	of	of	ADP
emaj-66	16	18	the	the	DET
emaj-66	16	19	most	most	ADV
emaj-66	16	20	discussed	discuss	VERB
emaj-66	16	21	about	about	ADP
emaj-66	16	22	relationships	relationship	NOUN
emaj-66	16	23	in	in	ADP
emaj-66	16	24	currency	currency	NOUN
emaj-66	16	25	markets	market	NOUN
emaj-66	16	26	.	.	PUNCT
emaj-66	17	1	dollar	dollar	NOUN
emaj-66	17	2	is	be	AUX
emaj-66	17	3	an	an	DET
emaj-66	17	4	internationally	internationally	ADV
emaj-66	17	5	accepted	accept	VERB
emaj-66	17	6	currency	currency	NOUN
emaj-66	17	7	and	and	CCONJ
emaj-66	17	8	most	most	ADJ
emaj-66	17	9	of	of	ADP
emaj-66	17	10	the	the	DET
emaj-66	17	11	international	international	ADJ
emaj-66	17	12	transactions	transaction	NOUN
emaj-66	17	13	take	take	VERB
emaj-66	17	14	place	place	NOUN
emaj-66	17	15	in	in	ADP
emaj-66	17	16	dollar	dollar	NOUN
emaj-66	17	17	equivalent	equivalent	ADJ
emaj-66	17	18	.	.	PUNCT
emaj-66	18	1	the	the	DET
emaj-66	18	2	major	major	ADJ
emaj-66	18	3	reason	reason	NOUN
emaj-66	18	4	behind	behind	ADP
emaj-66	18	5	the	the	DET
emaj-66	18	6	relationship	relationship	NOUN
emaj-66	18	7	of	of	ADP
emaj-66	18	8	gold	gold	NOUN
emaj-66	18	9	and	and	CCONJ
emaj-66	18	10	usd	usd	NOUN
emaj-66	18	11	inr	inr	NOUN
emaj-66	18	12	exchange	exchange	NOUN
emaj-66	18	13	rate	rate	NOUN
emaj-66	18	14	is	be	AUX
emaj-66	18	15	that	that	SCONJ
emaj-66	18	16	gold	gold	NOUN
emaj-66	18	17	is	be	AUX
emaj-66	18	18	used	use	VERB
emaj-66	18	19	as	as	ADP
emaj-66	18	20	a	a	DET
emaj-66	18	21	hedge	hedge	NOUN
emaj-66	18	22	against	against	ADP
emaj-66	18	23	the	the	DET
emaj-66	18	24	adverse	adverse	ADJ
emaj-66	18	25	exchange	exchange	NOUN
emaj-66	18	26	value	value	NOUN
emaj-66	18	27	of	of	ADP
emaj-66	18	28	dollar	dollar	NOUN
emaj-66	18	29	.	.	PUNCT
emaj-66	19	1	as	as	SCONJ
emaj-66	19	2	the	the	DET
emaj-66	19	3	dollar	dollar	NOUN
emaj-66	19	4	’s	’s	PART
emaj-66	19	5	exchange	exchange	NOUN
emaj-66	19	6	value	value	NOUN
emaj-66	19	7	decreases	decrease	VERB
emaj-66	19	8	,	,	PUNCT
emaj-66	19	9	it	it	PRON
emaj-66	19	10	takes	take	VERB
emaj-66	19	11	more	more	ADJ
emaj-66	19	12	dollars	dollar	NOUN
emaj-66	19	13	to	to	PART
emaj-66	19	14	buy	buy	VERB
emaj-66	19	15	gold	gold	NOUN
emaj-66	19	16	,	,	PUNCT
emaj-66	19	17	which	which	PRON
emaj-66	19	18	increases	increase	VERB
emaj-66	19	19	the	the	DET
emaj-66	19	20	value	value	NOUN
emaj-66	19	21	of	of	ADP
emaj-66	19	22	gold	gold	NOUN
emaj-66	19	23	.	.	PUNCT
emaj-66	20	1	the	the	DET
emaj-66	20	2	value	value	NOUN
emaj-66	20	3	of	of	ADP
emaj-66	20	4	dollar	dollar	NOUN
emaj-66	20	5	can	can	AUX
emaj-66	20	6	be	be	AUX
emaj-66	20	7	at	at	ADP
emaj-66	20	8	a	a	DET
emaj-66	20	9	potential	potential	ADJ
emaj-66	20	10	risk	risk	NOUN
emaj-66	20	11	of	of	ADP
emaj-66	20	12	fluctuation	fluctuation	NOUN
emaj-66	20	13	through	through	ADP
emaj-66	20	14	various	various	ADJ
emaj-66	20	15	factors	factor	NOUN
emaj-66	20	16	like	like	ADP
emaj-66	20	17	shifts	shift	NOUN
emaj-66	20	18	in	in	ADP
emaj-66	20	19	monetary	monetary	ADJ
emaj-66	20	20	policy	policy	NOUN
emaj-66	20	21	,	,	PUNCT
emaj-66	20	22	international	international	ADJ
emaj-66	20	23	trade	trade	NOUN
emaj-66	20	24	,	,	PUNCT
emaj-66	20	25	etc	etc	X
emaj-66	20	26	.	.	X
emaj-66	20	27	,	,	PUNCT
emaj-66	20	28	but	but	CCONJ
emaj-66	20	29	the	the	DET
emaj-66	20	30	value	value	NOUN
emaj-66	20	31	of	of	ADP
emaj-66	20	32	yellow	yellow	ADJ
emaj-66	20	33	metal	metal	NOUN
emaj-66	20	34	is	be	AUX
emaj-66	20	35	largely	largely	ADV
emaj-66	20	36	determined	determine	VERB
emaj-66	20	37	by	by	ADP
emaj-66	20	38	supply	supply	NOUN
emaj-66	20	39	and	and	CCONJ
emaj-66	20	40	demand	demand	NOUN
emaj-66	20	41	,	,	PUNCT
emaj-66	20	42	without	without	ADP
emaj-66	20	43	interference	interference	NOUN
emaj-66	20	44	from	from	ADP
emaj-66	20	45	shifts	shift	NOUN
emaj-66	20	46	in	in	ADP
emaj-66	20	47	monetary	monetary	ADJ
emaj-66	20	48	and	and	CCONJ
emaj-66	20	49	corporate	corporate	ADJ
emaj-66	20	50	policies	policy	NOUN
emaj-66	20	51	.	.	PUNCT
emaj-66	21	1	the	the	DET
emaj-66	21	2	relationship	relationship	NOUN
emaj-66	21	3	of	of	ADP
emaj-66	21	4	gold	gold	NOUN
emaj-66	21	5	and	and	CCONJ
emaj-66	21	6	dollar	dollar	NOUN
emaj-66	21	7	is	be	AUX
emaj-66	21	8	traced	trace	VERB
emaj-66	21	9	back	back	ADV
emaj-66	21	10	to	to	ADP
emaj-66	21	11	international	international	ADJ
emaj-66	21	12	history	history	NOUN
emaj-66	21	13	,	,	PUNCT
emaj-66	21	14	discussed	discuss	VERB
emaj-66	21	15	in	in	ADP
emaj-66	21	16	next	next	ADJ
emaj-66	21	17	section	section	NOUN
emaj-66	21	18	.	.	PUNCT
emaj-66	22	1	ii	ii	PROPN
emaj-66	22	2	.	.	PUNCT
emaj-66	23	1	history	history	NOUN
emaj-66	23	2	of	of	ADP
emaj-66	23	3	gold	gold	NOUN
emaj-66	23	4	and	and	CCONJ
emaj-66	23	5	dollar	dollar	NOUN
emaj-66	23	6	relationship	relationship	NOUN
emaj-66	23	7	after	after	ADP
emaj-66	23	8	the	the	DET
emaj-66	23	9	first	first	ADJ
emaj-66	23	10	world	world	PROPN
emaj-66	23	11	war	war	NOUN
emaj-66	23	12	,	,	PUNCT
emaj-66	23	13	nations	nation	NOUN
emaj-66	23	14	attempted	attempt	VERB
emaj-66	23	15	to	to	PART
emaj-66	23	16	revive	revive	VERB
emaj-66	23	17	the	the	DET
emaj-66	23	18	gold	gold	ADJ
emaj-66	23	19	standard	standard	NOUN
emaj-66	23	20	for	for	ADP
emaj-66	23	21	international	international	ADJ
emaj-66	23	22	exchange	exchange	NOUN
emaj-66	23	23	rates	rate	NOUN
emaj-66	23	24	,	,	PUNCT
emaj-66	23	25	but	but	CCONJ
emaj-66	23	26	the	the	DET
emaj-66	23	27	system	system	NOUN
emaj-66	23	28	soon	soon	ADV
emaj-66	23	29	collapsed	collapse	VERB
emaj-66	23	30	with	with	ADP
emaj-66	23	31	the	the	DET
emaj-66	23	32	arrival	arrival	NOUN
emaj-66	23	33	of	of	ADP
emaj-66	23	34	the	the	DET
emaj-66	23	35	great	great	ADJ
emaj-66	23	36	depression	depression	NOUN
emaj-66	23	37	of	of	ADP
emaj-66	23	38	the	the	DET
emaj-66	23	39	1930s	1930s	NUM
emaj-66	23	40	.	.	PUNCT
emaj-66	24	1	some	some	DET
emaj-66	24	2	economists	economist	NOUN
emaj-66	24	3	were	be	AUX
emaj-66	24	4	of	of	ADP
emaj-66	24	5	the	the	DET
emaj-66	24	6	view	view	NOUN
emaj-66	24	7	that	that	SCONJ
emaj-66	24	8	the	the	DET
emaj-66	24	9	strict	strict	ADJ
emaj-66	24	10	obedience	obedience	NOUN
emaj-66	24	11	to	to	ADP
emaj-66	24	12	the	the	DET
emaj-66	24	13	gold	gold	NOUN
emaj-66	24	14	standard	standard	NOUN
emaj-66	24	15	had	have	AUX
emaj-66	24	16	prevented	prevent	VERB
emaj-66	24	17	monetary	monetary	ADJ
emaj-66	24	18	authorities	authority	NOUN
emaj-66	24	19	all	all	ADV
emaj-66	24	20	over	over	ADP
emaj-66	24	21	the	the	DET
emaj-66	24	22	world	world	NOUN
emaj-66	24	23	from	from	ADP
emaj-66	24	24	increasing	increase	VERB
emaj-66	24	25	the	the	DET
emaj-66	24	26	money	money	NOUN
emaj-66	24	27	supply	supply	NOUN
emaj-66	24	28	to	to	PART
emaj-66	24	29	match	match	VERB
emaj-66	24	30	the	the	DET
emaj-66	24	31	growing	grow	VERB
emaj-66	24	32	demand	demand	NOUN
emaj-66	24	33	for	for	ADP
emaj-66	24	34	money	money	NOUN
emaj-66	24	35	which	which	PRON
emaj-66	24	36	could	could	AUX
emaj-66	24	37	have	have	AUX
emaj-66	24	38	been	be	AUX
emaj-66	24	39	enough	enough	ADJ
emaj-66	24	40	to	to	PART
emaj-66	24	41	revive	revive	VERB
emaj-66	24	42	economic	economic	ADJ
emaj-66	24	43	activity	activity	NOUN
emaj-66	24	44	.	.	PUNCT
emaj-66	25	1	soon	soon	ADV
emaj-66	25	2	after	after	ADP
emaj-66	25	3	the	the	DET
emaj-66	25	4	end	end	NOUN
emaj-66	25	5	of	of	ADP
emaj-66	25	6	the	the	DET
emaj-66	25	7	second	second	ADJ
emaj-66	25	8	world	world	NOUN
emaj-66	25	9	war	war	NOUN
emaj-66	25	10	,	,	PUNCT
emaj-66	25	11	representatives	representative	NOUN
emaj-66	25	12	of	of	ADP
emaj-66	25	13	most	most	ADJ
emaj-66	25	14	of	of	ADP
emaj-66	25	15	the	the	DET
emaj-66	25	16	world	world	NOUN
emaj-66	25	17	's	's	PART
emaj-66	25	18	leading	lead	VERB
emaj-66	25	19	nations	nation	NOUN
emaj-66	25	20	met	meet	VERB
emaj-66	25	21	at	at	ADP
emaj-66	25	22	bretton	bretton	PROPN
emaj-66	25	23	woods	woods	PROPN
emaj-66	25	24	,	,	PUNCT
emaj-66	25	25	new	new	PROPN
emaj-66	25	26	hampshire	hampshire	PROPN
emaj-66	25	27	,	,	PUNCT
emaj-66	25	28	in	in	ADP
emaj-66	25	29	1944	1944	NUM
emaj-66	25	30	to	to	PART
emaj-66	25	31	create	create	VERB
emaj-66	25	32	a	a	DET
emaj-66	25	33	new	new	ADJ
emaj-66	25	34	international	international	ADJ
emaj-66	25	35	monetary	monetary	ADJ
emaj-66	25	36	system	system	NOUN
emaj-66	25	37	.	.	PUNCT
emaj-66	26	1	united	united	PROPN
emaj-66	26	2	states	states	PROPN
emaj-66	26	3	had	have	AUX
emaj-66	26	4	emerged	emerge	VERB
emaj-66	26	5	as	as	ADP
emaj-66	26	6	politically	politically	ADV
emaj-66	26	7	strong	strong	ADJ
emaj-66	26	8	nation	nation	NOUN
emaj-66	26	9	on	on	ADP
emaj-66	26	10	the	the	DET
emaj-66	26	11	winner	winner	NOUN
emaj-66	26	12	side	side	NOUN
emaj-66	26	13	after	after	ADP
emaj-66	26	14	the	the	DET
emaj-66	26	15	war	war	NOUN
emaj-66	26	16	.	.	PUNCT
emaj-66	27	1	it	it	PRON
emaj-66	27	2	was	be	AUX
emaj-66	27	3	the	the	DET
emaj-66	27	4	world	world	NOUN
emaj-66	27	5	leader	leader	NOUN
emaj-66	27	6	in	in	ADP
emaj-66	27	7	terms	term	NOUN
emaj-66	27	8	of	of	ADP
emaj-66	27	9	manufacture	manufacture	NOUN
emaj-66	27	10	capacity	capacity	NOUN
emaj-66	27	11	and	and	CCONJ
emaj-66	27	12	accounted	account	VERB
emaj-66	27	13	for	for	ADP
emaj-66	27	14	over	over	ADP
emaj-66	27	15	half	half	NOUN
emaj-66	27	16	of	of	ADP
emaj-66	27	17	the	the	DET
emaj-66	27	18	world	world	NOUN
emaj-66	27	19	's	's	PART
emaj-66	27	20	capacity	capacity	NOUN
emaj-66	27	21	.	.	PUNCT
emaj-66	28	1	the	the	DET
emaj-66	28	2	nation	nation	NOUN
emaj-66	28	3	also	also	ADV
emaj-66	28	4	held	hold	VERB
emaj-66	28	5	most	most	ADJ
emaj-66	28	6	of	of	ADP
emaj-66	28	7	the	the	DET
emaj-66	28	8	world	world	NOUN
emaj-66	28	9	's	's	PART
emaj-66	28	10	gold	gold	NOUN
emaj-66	28	11	at	at	ADP
emaj-66	28	12	that	that	DET
emaj-66	28	13	time	time	NOUN
emaj-66	28	14	.	.	PUNCT
emaj-66	29	1	therefore	therefore	ADV
emaj-66	29	2	,	,	PUNCT
emaj-66	29	3	the	the	DET
emaj-66	29	4	leaders	leader	NOUN
emaj-66	29	5	decided	decide	VERB
emaj-66	29	6	to	to	PART
emaj-66	29	7	tie	tie	VERB
emaj-66	29	8	world	world	NOUN
emaj-66	29	9	currencies	currency	NOUN
emaj-66	29	10	to	to	ADP
emaj-66	29	11	the	the	DET
emaj-66	29	12	dollar	dollar	NOUN
emaj-66	29	13	,	,	PUNCT
emaj-66	29	14	which	which	PRON
emaj-66	29	15	,	,	PUNCT
emaj-66	29	16	in	in	ADP
emaj-66	29	17	turn	turn	NOUN
emaj-66	29	18	,	,	PUNCT
emaj-66	29	19	they	they	PRON
emaj-66	29	20	agreed	agree	VERB
emaj-66	29	21	should	should	AUX
emaj-66	29	22	be	be	AUX
emaj-66	29	23	convertible	convertible	ADJ
emaj-66	29	24	into	into	ADP
emaj-66	29	25	gold	gold	NOUN
emaj-66	29	26	at	at	ADP
emaj-66	29	27	a	a	DET
emaj-66	29	28	fixed	fix	VERB
emaj-66	29	29	exchange	exchange	NOUN
emaj-66	29	30	rate	rate	NOUN
emaj-66	29	31	of	of	ADP
emaj-66	29	32	$	$	SYM
emaj-66	29	33	35	35	NUM
emaj-66	29	34	per	per	ADP
emaj-66	29	35	ounce	ounce	NOUN
emaj-66	29	36	.	.	PUNCT
emaj-66	30	1	this	this	PRON
emaj-66	30	2	was	be	AUX
emaj-66	30	3	known	know	VERB
emaj-66	30	4	as	as	ADP
emaj-66	30	5	the	the	DET
emaj-66	30	6	bretton	bretton	PROPN
emaj-66	30	7	woods	wood	NOUN
emaj-66	30	8	system	system	NOUN
emaj-66	30	9	.	.	PUNCT
emaj-66	31	1	the	the	DET
emaj-66	31	2	system	system	NOUN
emaj-66	31	3	required	require	VERB
emaj-66	31	4	the	the	DET
emaj-66	31	5	central	central	ADJ
emaj-66	31	6	banks	bank	NOUN
emaj-66	31	7	of	of	ADP
emaj-66	31	8	countries	country	NOUN
emaj-66	31	9	other	other	ADJ
emaj-66	31	10	than	than	ADP
emaj-66	31	11	that	that	PRON
emaj-66	31	12	of	of	ADP
emaj-66	31	13	united	united	PROPN
emaj-66	31	14	states	states	PROPN
emaj-66	31	15	to	to	PART
emaj-66	31	16	maintain	maintain	VERB
emaj-66	31	17	a	a	DET
emaj-66	31	18	fixed	fix	VERB
emaj-66	31	19	exchange	exchange	NOUN
emaj-66	31	20	rate	rate	NOUN
emaj-66	31	21	between	between	ADP
emaj-66	31	22	their	their	PRON
emaj-66	31	23	currencies	currency	NOUN
emaj-66	31	24	and	and	CCONJ
emaj-66	31	25	the	the	DET
emaj-66	31	26	dollar	dollar	NOUN
emaj-66	31	27	.	.	PUNCT
emaj-66	32	1	the	the	DET
emaj-66	32	2	us	us	PROPN
emaj-66	32	3	dollar	dollar	NOUN
emaj-66	32	4	could	could	AUX
emaj-66	32	5	be	be	AUX
emaj-66	32	6	internationally	internationally	ADV
emaj-66	32	7	exchanged	exchange	VERB
emaj-66	32	8	for	for	ADP
emaj-66	32	9	gold	gold	NOUN
emaj-66	32	10	.	.	PUNCT
emaj-66	33	1	the	the	DET
emaj-66	33	2	central	central	ADJ
emaj-66	33	3	banks	bank	NOUN
emaj-66	33	4	had	have	VERB
emaj-66	33	5	to	to	PART
emaj-66	33	6	accomplish	accomplish	VERB
emaj-66	33	7	this	this	DET
emaj-66	33	8	task	task	NOUN
emaj-66	33	9	by	by	ADP
emaj-66	33	10	intervening	intervene	VERB
emaj-66	33	11	in	in	ADP
emaj-66	33	12	foreign	foreign	ADJ
emaj-66	33	13	exchange	exchange	NOUN
emaj-66	33	14	markets	market	NOUN
emaj-66	33	15	.	.	PUNCT
emaj-66	34	1	if	if	SCONJ
emaj-66	34	2	the	the	DET
emaj-66	34	3	exchange	exchange	NOUN
emaj-66	34	4	value	value	NOUN
emaj-66	34	5	of	of	ADP
emaj-66	34	6	a	a	DET
emaj-66	34	7	country	country	NOUN
emaj-66	34	8	's	's	PART
emaj-66	34	9	currency	currency	NOUN
emaj-66	34	10	was	be	AUX
emaj-66	34	11	too	too	ADV
emaj-66	34	12	high	high	ADJ
emaj-66	34	13	relative	relative	ADJ
emaj-66	34	14	to	to	ADP
emaj-66	34	15	the	the	DET
emaj-66	34	16	dollar	dollar	NOUN
emaj-66	34	17	,	,	PUNCT
emaj-66	34	18	its	its	PRON
emaj-66	34	19	central	central	ADJ
emaj-66	34	20	bank	bank	NOUN
emaj-66	34	21	would	would	AUX
emaj-66	34	22	sell	sell	VERB
emaj-66	34	23	its	its	PRON
emaj-66	34	24	currency	currency	NOUN
emaj-66	34	25	in	in	ADP
emaj-66	34	26	exchange	exchange	NOUN
emaj-66	34	27	for	for	ADP
emaj-66	34	28	dollars	dollar	NOUN
emaj-66	34	29	,	,	PUNCT
emaj-66	34	30	which	which	PRON
emaj-66	34	31	will	will	AUX
emaj-66	34	32	make	make	VERB
emaj-66	34	33	the	the	DET
emaj-66	34	34	value	value	NOUN
emaj-66	34	35	of	of	ADP
emaj-66	34	36	its	its	PRON
emaj-66	34	37	currency	currency	NOUN
emaj-66	34	38	to	to	PART
emaj-66	34	39	sink	sink	VERB
emaj-66	34	40	down	down	ADP
emaj-66	34	41	.	.	PUNCT
emaj-66	35	1	conversely	conversely	ADV
emaj-66	35	2	,	,	PUNCT
emaj-66	35	3	if	if	SCONJ
emaj-66	35	4	the	the	DET
emaj-66	35	5	value	value	NOUN
emaj-66	35	6	of	of	ADP
emaj-66	35	7	a	a	DET
emaj-66	35	8	country	country	NOUN
emaj-66	35	9	's	's	PART
emaj-66	35	10	money	money	NOUN
emaj-66	35	11	was	be	AUX
emaj-66	35	12	too	too	ADV
emaj-66	35	13	low	low	ADJ
emaj-66	35	14	,	,	PUNCT
emaj-66	35	15	the	the	DET
emaj-66	35	16	country	country	NOUN
emaj-66	35	17	would	would	AUX
emaj-66	35	18	buy	buy	VERB
emaj-66	35	19	its	its	PRON
emaj-66	35	20	own	own	ADJ
emaj-66	35	21	currency	currency	NOUN
emaj-66	35	22	,	,	PUNCT
emaj-66	35	23	thereby	thereby	ADV
emaj-66	35	24	driving	drive	VERB
emaj-66	35	25	up	up	ADP
emaj-66	35	26	the	the	DET
emaj-66	35	27	exchange	exchange	NOUN
emaj-66	35	28	value	value	NOUN
emaj-66	35	29	.	.	PUNCT
emaj-66	36	1	the	the	DET
emaj-66	36	2	bretton	bretton	PROPN
emaj-66	36	3	woods	woods	PROPN
emaj-66	36	4	system	system	NOUN
emaj-66	36	5	successfully	successfully	ADV
emaj-66	36	6	lasted	last	VERB
emaj-66	36	7	until	until	ADP
emaj-66	36	8	1971	1971	NUM
emaj-66	36	9	but	but	CCONJ
emaj-66	36	10	the	the	DET
emaj-66	36	11	problem	problem	NOUN
emaj-66	36	12	arrived	arrive	VERB
emaj-66	36	13	when	when	SCONJ
emaj-66	36	14	the	the	DET
emaj-66	36	15	high	high	ADJ
emaj-66	36	16	rate	rate	NOUN
emaj-66	36	17	of	of	ADP
emaj-66	36	18	inflation	inflation	NOUN
emaj-66	36	19	and	and	CCONJ
emaj-66	36	20	growing	grow	VERB
emaj-66	36	21	trade	trade	NOUN
emaj-66	36	22	deficit	deficit	NOUN
emaj-66	36	23	of	of	ADP
emaj-66	36	24	usa	usa	PROPN
emaj-66	36	25	were	be	AUX
emaj-66	36	26	undermining	undermine	VERB
emaj-66	36	27	the	the	DET
emaj-66	36	28	value	value	NOUN
emaj-66	36	29	of	of	ADP
emaj-66	36	30	the	the	DET
emaj-66	36	31	dollar	dollar	NOUN
emaj-66	36	32	.	.	PUNCT
emaj-66	37	1	during	during	ADP
emaj-66	37	2	the	the	DET
emaj-66	37	3	same	same	ADJ
emaj-66	37	4	period	period	NOUN
emaj-66	37	5	,	,	PUNCT
emaj-66	37	6	germany	germany	PROPN
emaj-66	37	7	and	and	CCONJ
emaj-66	37	8	japan	japan	PROPN
emaj-66	37	9	had	have	VERB
emaj-66	37	10	favorable	favorable	ADJ
emaj-66	37	11	balance	balance	NOUN
emaj-66	37	12	of	of	ADP
emaj-66	37	13	payments	payment	NOUN
emaj-66	37	14	because	because	SCONJ
emaj-66	37	15	they	they	PRON
emaj-66	37	16	had	have	VERB
emaj-66	37	17	high	high	ADJ
emaj-66	37	18	volumes	volume	NOUN
emaj-66	37	19	of	of	ADP
emaj-66	37	20	exports	export	NOUN
emaj-66	37	21	.	.	PUNCT
emaj-66	38	1	the	the	DET
emaj-66	38	2	united	united	PROPN
emaj-66	38	3	states	states	PROPN
emaj-66	38	4	asked	ask	VERB
emaj-66	38	5	the	the	DET
emaj-66	38	6	two	two	NUM
emaj-66	38	7	nations	nation	NOUN
emaj-66	38	8	to	to	PART
emaj-66	38	9	appreciate	appreciate	VERB
emaj-66	38	10	their	their	PRON
emaj-66	38	11	currencies	currency	NOUN
emaj-66	38	12	.	.	PUNCT
emaj-66	39	1	but	but	CCONJ
emaj-66	39	2	the	the	DET
emaj-66	39	3	two	two	NUM
emaj-66	39	4	nations	nation	NOUN
emaj-66	39	5	were	be	AUX
emaj-66	39	6	reluctant	reluctant	ADJ
emaj-66	39	7	to	to	PART
emaj-66	39	8	do	do	VERB
emaj-66	39	9	so	so	ADV
emaj-66	39	10	as	as	SCONJ
emaj-66	39	11	appreciation	appreciation	NOUN
emaj-66	39	12	of	of	ADP
emaj-66	39	13	their	their	PRON
emaj-66	39	14	currency	currency	NOUN
emaj-66	39	15	would	would	AUX
emaj-66	39	16	hurt	hurt	VERB
emaj-66	39	17	their	their	PRON
emaj-66	39	18	exports	export	NOUN
emaj-66	39	19	as	as	SCONJ
emaj-66	39	20	it	it	PRON
emaj-66	39	21	will	will	AUX
emaj-66	39	22	increase	increase	VERB
emaj-66	39	23	the	the	DET
emaj-66	39	24	prices	price	NOUN
emaj-66	39	25	of	of	ADP
emaj-66	39	26	their	their	PRON
emaj-66	39	27	goods	good	NOUN
emaj-66	39	28	making	make	VERB
emaj-66	39	29	them	they	PRON
emaj-66	39	30	internationally	internationally	ADV
emaj-66	39	31	incompetent	incompetent	ADJ
emaj-66	39	32	.	.	PUNCT
emaj-66	40	1	with	with	ADP
emaj-66	40	2	the	the	DET
emaj-66	40	3	passage	passage	NOUN
emaj-66	40	4	of	of	ADP
emaj-66	40	5	time	time	NOUN
emaj-66	40	6	,	,	PUNCT
emaj-66	40	7	the	the	DET
emaj-66	40	8	situation	situation	NOUN
emaj-66	40	9	in	in	ADP
emaj-66	40	10	usa	usa	PROPN
emaj-66	40	11	went	go	VERB
emaj-66	40	12	from	from	ADP
emaj-66	40	13	bad	bad	ADJ
emaj-66	40	14	to	to	AUX
emaj-66	40	15	worse	bad	ADJ
emaj-66	40	16	and	and	CCONJ
emaj-66	40	17	worst	bad	ADJ
emaj-66	40	18	.	.	PUNCT
emaj-66	41	1	finally	finally	ADV
emaj-66	41	2	the	the	DET
emaj-66	41	3	bretton	bretton	PROPN
emaj-66	41	4	wood	wood	PROPN
emaj-66	41	5	’s	’s	PART
emaj-66	41	6	system	system	NOUN
emaj-66	41	7	was	be	AUX
emaj-66	41	8	terminated	terminate	VERB
emaj-66	41	9	by	by	ADP
emaj-66	41	10	the	the	DET
emaj-66	41	11	then	then	ADV
emaj-66	41	12	us	us	PROPN
emaj-66	41	13	president	president	PROPN
emaj-66	41	14	nixon	nixon	PROPN
emaj-66	41	15	.	.	PUNCT
emaj-66	42	1	now	now	ADV
emaj-66	42	2	,	,	PUNCT
emaj-66	42	3	the	the	DET
emaj-66	42	4	usa	usa	PROPN
emaj-66	42	5	adopted	adopt	VERB
emaj-66	42	6	the	the	DET
emaj-66	42	7	‘	'	PUNCT
emaj-66	42	8	floating	float	VERB
emaj-66	42	9	’	'	PUNCT
emaj-66	42	10	exchange	exchange	NOUN
emaj-66	42	11	rate	rate	NOUN
emaj-66	42	12	system	system	NOUN
emaj-66	42	13	for	for	ADP
emaj-66	42	14	usd	usd	NOUN
emaj-66	42	15	against	against	ADP
emaj-66	42	16	other	other	ADJ
emaj-66	42	17	currencies	currency	NOUN
emaj-66	42	18	and	and	CCONJ
emaj-66	42	19	abandoned	abandon	VERB
emaj-66	42	20	the	the	DET
emaj-66	42	21	fixed	fix	VERB
emaj-66	42	22	exchange	exchange	NOUN
emaj-66	42	23	rate	rate	NOUN
emaj-66	42	24	system	system	NOUN
emaj-66	42	25	.	.	PUNCT
emaj-66	43	1	the	the	DET
emaj-66	43	2	exchange	exchange	NOUN
emaj-66	43	3	value	value	NOUN
emaj-66	43	4	of	of	ADP
emaj-66	43	5	dollar	dollar	NOUN
emaj-66	43	6	promptly	promptly	ADV
emaj-66	43	7	fell	fall	VERB
emaj-66	43	8	.	.	PUNCT
emaj-66	44	1	this	this	PRON
emaj-66	44	2	alarmed	alarm	VERB
emaj-66	44	3	the	the	DET
emaj-66	44	4	world	world	NOUN
emaj-66	44	5	leaders	leader	NOUN
emaj-66	44	6	who	who	PRON
emaj-66	44	7	maintained	maintain	VERB
emaj-66	44	8	high	high	ADJ
emaj-66	44	9	reserves	reserve	NOUN
emaj-66	44	10	of	of	ADP
emaj-66	44	11	dollar	dollar	NOUN
emaj-66	44	12	thinking	think	VERB
emaj-66	44	13	it	it	PRON
emaj-66	44	14	to	to	PART
emaj-66	44	15	be	be	AUX
emaj-66	44	16	exchangeable	exchangeable	ADJ
emaj-66	44	17	for	for	ADP
emaj-66	44	18	gold	gold	NOUN
emaj-66	44	19	.	.	PUNCT
emaj-66	45	1	many	many	ADJ
emaj-66	45	2	countries	country	NOUN
emaj-66	45	3	sought	seek	VERB
emaj-66	45	4	to	to	PART
emaj-66	45	5	resuscitate	resuscitate	VERB
emaj-66	45	6	the	the	DET
emaj-66	45	7	old	old	ADJ
emaj-66	45	8	bretton	bretton	PROPN
emaj-66	45	9	woods	wood	NOUN
emaj-66	45	10	system	system	NOUN
emaj-66	45	11	and	and	CCONJ
emaj-66	45	12	proposed	propose	VERB
emaj-66	45	13	the	the	DET
emaj-66	45	14	smithsonian	smithsonian	PROPN
emaj-66	45	15	agreement	agreement	NOUN
emaj-66	45	16	in	in	ADP
emaj-66	45	17	1971	1971	NUM
emaj-66	45	18	which	which	PRON
emaj-66	45	19	was	be	AUX
emaj-66	45	20	similar	similar	ADJ
emaj-66	45	21	to	to	ADP
emaj-66	45	22	bretton	bretton	PROPN
emaj-66	45	23	woods	woods	PROPN
emaj-66	45	24	system	system	NOUN
emaj-66	45	25	,	,	PUNCT
emaj-66	45	26	but	but	CCONJ
emaj-66	45	27	the	the	DET
emaj-66	45	28	effort	effort	NOUN
emaj-66	45	29	failed	fail	VERB
emaj-66	45	30	.	.	PUNCT
emaj-66	46	1	by	by	ADP
emaj-66	46	2	1973	1973	NUM
emaj-66	46	3	,	,	PUNCT
emaj-66	46	4	various	various	ADJ
emaj-66	46	5	nations	nation	NOUN
emaj-66	46	6	,	,	PUNCT
emaj-66	46	7	including	include	VERB
emaj-66	46	8	usa	usa	PROPN
emaj-66	46	9	adopted	adopt	VERB
emaj-66	46	10	the	the	DET
emaj-66	46	11	floating	float	VERB
emaj-66	46	12	exchange	exchange	NOUN
emaj-66	46	13	rate	rate	NOUN
emaj-66	46	14	system	system	NOUN
emaj-66	46	15	for	for	ADP
emaj-66	46	16	their	their	PRON
emaj-66	46	17	currencies	currency	NOUN
emaj-66	46	18	.	.	PUNCT
emaj-66	47	1	hence	hence	ADV
emaj-66	47	2	,	,	PUNCT
emaj-66	47	3	now	now	ADV
emaj-66	47	4	the	the	DET
emaj-66	47	5	dollar	dollar	NOUN
emaj-66	47	6	was	be	AUX
emaj-66	47	7	no	no	PRON
emaj-66	47	8	more	more	ADJ
emaj-66	47	9	equivalents	equivalent	NOUN
emaj-66	47	10	to	to	ADP
emaj-66	47	11	gold	gold	NOUN
emaj-66	47	12	at	at	ADP
emaj-66	47	13	a	a	DET
emaj-66	47	14	fixed	fix	VERB
emaj-66	47	15	rate	rate	NOUN
emaj-66	47	16	but	but	CCONJ
emaj-66	47	17	this	this	DET
emaj-66	47	18	psychology	psychology	NOUN
emaj-66	47	19	still	still	ADV
emaj-66	47	20	persists	persist	VERB
emaj-66	47	21	.	.	PUNCT
emaj-66	48	1	this	this	DET
emaj-66	48	2	intrinsic	intrinsic	ADJ
emaj-66	48	3	co	co	NOUN
emaj-66	48	4	-	-	NOUN
emaj-66	48	5	relation	relation	NOUN
emaj-66	48	6	between	between	ADP
emaj-66	48	7	gold	gold	NOUN
emaj-66	48	8	prices	price	NOUN
emaj-66	48	9	and	and	CCONJ
emaj-66	48	10	the	the	DET
emaj-66	48	11	us	us	PROPN
emaj-66	48	12	dollar	dollar	NOUN
emaj-66	48	13	still	still	ADV
emaj-66	48	14	volume	volume	VERB
emaj-66	48	15	5	5	NUM
emaj-66	48	16	no	no	DET
emaj-66	48	17	1	1	NUM
emaj-66	48	18	(	(	PUNCT
emaj-66	48	19	2015	2015	NUM
emaj-66	48	20	)	)	PUNCT
emaj-66	48	21	|	|	ADV
emaj-66	48	22	issn	issn	VERB
emaj-66	48	23	2158	2158	NUM
emaj-66	48	24	-	-	SYM
emaj-66	48	25	8708	8708	NUM
emaj-66	48	26	(	(	PUNCT
emaj-66	48	27	online	online	NOUN
emaj-66	48	28	)	)	PUNCT
emaj-66	48	29	|	|	ADV
emaj-66	48	30	doi	doi	X
emaj-66	48	31	10.5195	10.5195	NUM
emaj-66	48	32	/	/	SYM
emaj-66	48	33	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	49	1	|	|	ADV
emaj-66	49	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	49	3	the	the	DET
emaj-66	49	4	relationship	relationship	NOUN
emaj-66	49	5	between	between	ADP
emaj-66	49	6	gold	gold	NOUN
emaj-66	49	7	prices	price	NOUN
emaj-66	49	8	and	and	CCONJ
emaj-66	49	9	exchange	exchange	NOUN
emaj-66	49	10	value	value	NOUN
emaj-66	49	11	of	of	ADP
emaj-66	49	12	us	us	PROPN
emaj-66	49	13	dollar	dollar	NOUN
emaj-66	49	14	in	in	ADP
emaj-66	49	15	india	india	PROPN
emaj-66	49	16	page	page	NOUN
emaj-66	49	17	|18|	|18|	NOUN
emaj-66	49	18	emerging	emerge	VERB
emaj-66	49	19	markets	market	NOUN
emaj-66	49	20	journal	journal	NOUN
emaj-66	49	21	exists	exist	VERB
emaj-66	49	22	.	.	PUNCT
emaj-66	50	1	when	when	SCONJ
emaj-66	50	2	the	the	DET
emaj-66	50	3	value	value	NOUN
emaj-66	50	4	of	of	ADP
emaj-66	50	5	us	us	PROPN
emaj-66	50	6	dollar	dollar	NOUN
emaj-66	50	7	devaluates	devaluate	NOUN
emaj-66	50	8	in	in	ADP
emaj-66	50	9	international	international	ADJ
emaj-66	50	10	market	market	NOUN
emaj-66	50	11	bankers	banker	NOUN
emaj-66	50	12	as	as	ADV
emaj-66	50	13	well	well	ADV
emaj-66	50	14	as	as	ADP
emaj-66	50	15	investors	investor	NOUN
emaj-66	50	16	and	and	CCONJ
emaj-66	50	17	traders	trader	NOUN
emaj-66	50	18	from	from	ADP
emaj-66	50	19	all	all	ADV
emaj-66	50	20	over	over	ADP
emaj-66	50	21	the	the	DET
emaj-66	50	22	world	world	NOUN
emaj-66	50	23	hedge	hedge	NOUN
emaj-66	50	24	against	against	ADP
emaj-66	50	25	this	this	DET
emaj-66	50	26	adversity	adversity	NOUN
emaj-66	50	27	through	through	ADP
emaj-66	50	28	investments	investment	NOUN
emaj-66	50	29	in	in	ADP
emaj-66	50	30	gold	gold	NOUN
emaj-66	50	31	.	.	PUNCT
emaj-66	51	1	this	this	DET
emaj-66	51	2	measure	measure	NOUN
emaj-66	51	3	helps	help	VERB
emaj-66	51	4	them	they	PRON
emaj-66	51	5	protect	protect	VERB
emaj-66	51	6	the	the	DET
emaj-66	51	7	value	value	NOUN
emaj-66	51	8	of	of	ADP
emaj-66	51	9	their	their	PRON
emaj-66	51	10	money	money	NOUN
emaj-66	51	11	.	.	PUNCT
emaj-66	52	1	the	the	DET
emaj-66	52	2	increase	increase	NOUN
emaj-66	52	3	in	in	ADP
emaj-66	52	4	investment	investment	NOUN
emaj-66	52	5	demand	demand	NOUN
emaj-66	52	6	of	of	ADP
emaj-66	52	7	yellow	yellow	ADJ
emaj-66	52	8	metal	metal	NOUN
emaj-66	52	9	consequently	consequently	ADV
emaj-66	52	10	increases	increase	VERB
emaj-66	52	11	the	the	DET
emaj-66	52	12	value	value	NOUN
emaj-66	52	13	of	of	ADP
emaj-66	52	14	gold	gold	NOUN
emaj-66	52	15	.	.	PUNCT
emaj-66	53	1	though	though	SCONJ
emaj-66	53	2	the	the	DET
emaj-66	53	3	legal	legal	ADJ
emaj-66	53	4	connection	connection	NOUN
emaj-66	53	5	between	between	ADP
emaj-66	53	6	gold	gold	NOUN
emaj-66	53	7	and	and	CCONJ
emaj-66	53	8	usd	usd	NOUN
emaj-66	53	9	ended	end	VERB
emaj-66	53	10	with	with	ADP
emaj-66	53	11	the	the	DET
emaj-66	53	12	bretton	bretton	PROPN
emaj-66	53	13	woods	wood	NOUN
emaj-66	53	14	,	,	PUNCT
emaj-66	53	15	the	the	DET
emaj-66	53	16	current	current	ADJ
emaj-66	53	17	study	study	NOUN
emaj-66	53	18	is	be	AUX
emaj-66	53	19	an	an	DET
emaj-66	53	20	attempt	attempt	NOUN
emaj-66	53	21	to	to	PART
emaj-66	53	22	know	know	VERB
emaj-66	53	23	if	if	SCONJ
emaj-66	53	24	technically	technically	ADV
emaj-66	53	25	any	any	DET
emaj-66	53	26	such	such	ADJ
emaj-66	53	27	relationship	relationship	NOUN
emaj-66	53	28	is	be	AUX
emaj-66	53	29	still	still	ADV
emaj-66	53	30	existing	exist	VERB
emaj-66	53	31	in	in	ADP
emaj-66	53	32	indian	indian	ADJ
emaj-66	53	33	context	context	NOUN
emaj-66	53	34	and	and	CCONJ
emaj-66	53	35	what	what	PRON
emaj-66	53	36	has	have	AUX
emaj-66	53	37	been	be	AUX
emaj-66	53	38	the	the	DET
emaj-66	53	39	impact	impact	NOUN
emaj-66	53	40	of	of	ADP
emaj-66	53	41	global	global	ADJ
emaj-66	53	42	recession	recession	NOUN
emaj-66	53	43	on	on	ADP
emaj-66	53	44	this	this	DET
emaj-66	53	45	relationship	relationship	NOUN
emaj-66	53	46	.	.	PUNCT
emaj-66	54	1	iii	iii	X
emaj-66	54	2	.	.	PUNCT
emaj-66	54	3	literature	literature	PROPN
emaj-66	54	4	review	review	VERB
emaj-66	54	5	the	the	DET
emaj-66	54	6	yellow	yellow	ADJ
emaj-66	54	7	metal	metal	NOUN
emaj-66	54	8	has	have	AUX
emaj-66	54	9	emerged	emerge	VERB
emaj-66	54	10	as	as	ADP
emaj-66	54	11	an	an	DET
emaj-66	54	12	important	important	ADJ
emaj-66	54	13	alternative	alternative	ADJ
emaj-66	54	14	asset	asset	NOUN
emaj-66	54	15	only	only	ADV
emaj-66	54	16	after	after	ADP
emaj-66	54	17	the	the	DET
emaj-66	54	18	equity	equity	NOUN
emaj-66	54	19	markets	market	NOUN
emaj-66	54	20	.	.	PUNCT
emaj-66	55	1	all	all	ADV
emaj-66	55	2	over	over	ADP
emaj-66	55	3	the	the	DET
emaj-66	55	4	world	world	NOUN
emaj-66	55	5	the	the	DET
emaj-66	55	6	investment	investment	NOUN
emaj-66	55	7	demand	demand	NOUN
emaj-66	55	8	for	for	ADP
emaj-66	55	9	gold	gold	NOUN
emaj-66	55	10	has	have	AUX
emaj-66	55	11	surged	surge	VERB
emaj-66	55	12	to	to	ADP
emaj-66	55	13	new	new	ADJ
emaj-66	55	14	levels	level	NOUN
emaj-66	55	15	when	when	SCONJ
emaj-66	55	16	the	the	DET
emaj-66	55	17	equity	equity	NOUN
emaj-66	55	18	markets	market	NOUN
emaj-66	55	19	were	be	AUX
emaj-66	55	20	not	not	PART
emaj-66	55	21	spared	spare	VERB
emaj-66	55	22	by	by	ADP
emaj-66	55	23	the	the	DET
emaj-66	55	24	global	global	ADJ
emaj-66	55	25	crisis	crisis	NOUN
emaj-66	55	26	.	.	PUNCT
emaj-66	56	1	the	the	DET
emaj-66	56	2	performance	performance	NOUN
emaj-66	56	3	of	of	ADP
emaj-66	56	4	the	the	DET
emaj-66	56	5	metal	metal	NOUN
emaj-66	56	6	has	have	AUX
emaj-66	56	7	been	be	AUX
emaj-66	56	8	the	the	DET
emaj-66	56	9	area	area	NOUN
emaj-66	56	10	of	of	ADP
emaj-66	56	11	interest	interest	NOUN
emaj-66	56	12	for	for	ADP
emaj-66	56	13	various	various	ADJ
emaj-66	56	14	academicians	academician	NOUN
emaj-66	56	15	and	and	CCONJ
emaj-66	56	16	media	medium	NOUN
emaj-66	56	17	especially	especially	ADV
emaj-66	56	18	when	when	SCONJ
emaj-66	56	19	the	the	DET
emaj-66	56	20	gold	gold	NOUN
emaj-66	56	21	prices	price	NOUN
emaj-66	56	22	have	have	VERB
emaj-66	56	23	outperform	outperform	NOUN
emaj-66	56	24	in	in	ADP
emaj-66	56	25	recent	recent	ADJ
emaj-66	56	26	times	time	NOUN
emaj-66	56	27	.	.	PUNCT
emaj-66	57	1	a	a	DET
emaj-66	57	2	lot	lot	NOUN
emaj-66	57	3	of	of	ADP
emaj-66	57	4	existing	exist	VERB
emaj-66	57	5	recent	recent	ADJ
emaj-66	57	6	literature	literature	NOUN
emaj-66	57	7	is	be	AUX
emaj-66	57	8	available	available	ADJ
emaj-66	57	9	about	about	ADP
emaj-66	57	10	the	the	DET
emaj-66	57	11	relationship	relationship	NOUN
emaj-66	57	12	between	between	ADP
emaj-66	57	13	exchange	exchange	NOUN
emaj-66	57	14	rate	rate	NOUN
emaj-66	57	15	of	of	ADP
emaj-66	57	16	us	we	PRON
emaj-66	57	17	dollar	dollar	NOUN
emaj-66	57	18	with	with	ADP
emaj-66	57	19	respect	respect	NOUN
emaj-66	57	20	to	to	ADP
emaj-66	57	21	the	the	DET
emaj-66	57	22	various	various	ADJ
emaj-66	57	23	currencies	currency	NOUN
emaj-66	57	24	and	and	CCONJ
emaj-66	57	25	gold	gold	NOUN
emaj-66	57	26	prices	price	NOUN
emaj-66	57	27	in	in	ADP
emaj-66	57	28	those	those	DET
emaj-66	57	29	nations	nation	NOUN
emaj-66	57	30	.	.	PUNCT
emaj-66	58	1	in	in	ADP
emaj-66	58	2	one	one	NUM
emaj-66	58	3	of	of	ADP
emaj-66	58	4	the	the	DET
emaj-66	58	5	studies	study	NOUN
emaj-66	58	6	by	by	ADP
emaj-66	58	7	(	(	PUNCT
emaj-66	58	8	apak	apak	ADJ
emaj-66	58	9	,	,	PUNCT
emaj-66	58	10	akman	akman	NOUN
emaj-66	58	11	,	,	PUNCT
emaj-66	58	12	çankaya	çankaya	PROPN
emaj-66	58	13	,	,	PUNCT
emaj-66	58	14	&	&	CCONJ
emaj-66	58	15	sönmezer	sönmezer	PROPN
emaj-66	58	16	,	,	PUNCT
emaj-66	58	17	2012)the	2012)the	DET
emaj-66	58	18	influence	influence	NOUN
emaj-66	58	19	of	of	ADP
emaj-66	58	20	exchange	exchange	NOUN
emaj-66	58	21	value	value	NOUN
emaj-66	58	22	of	of	ADP
emaj-66	58	23	various	various	ADJ
emaj-66	58	24	currencies	currency	NOUN
emaj-66	58	25	on	on	ADP
emaj-66	58	26	the	the	DET
emaj-66	58	27	prices	price	NOUN
emaj-66	58	28	of	of	ADP
emaj-66	58	29	gold	gold	NOUN
emaj-66	58	30	was	be	AUX
emaj-66	58	31	analyzed	analyze	VERB
emaj-66	58	32	.	.	PUNCT
emaj-66	59	1	this	this	DET
emaj-66	59	2	study	study	NOUN
emaj-66	59	3	involved	involve	VERB
emaj-66	59	4	currencies	currency	NOUN
emaj-66	59	5	of	of	ADP
emaj-66	59	6	countries	country	NOUN
emaj-66	59	7	that	that	PRON
emaj-66	59	8	are	be	AUX
emaj-66	59	9	the	the	DET
emaj-66	59	10	leading	lead	VERB
emaj-66	59	11	gold	gold	NOUN
emaj-66	59	12	exporters	exporter	NOUN
emaj-66	59	13	and	and	CCONJ
emaj-66	59	14	importers	importer	NOUN
emaj-66	59	15	to	to	PART
emaj-66	59	16	explain	explain	VERB
emaj-66	59	17	the	the	DET
emaj-66	59	18	price	price	NOUN
emaj-66	59	19	fluctuation	fluctuation	NOUN
emaj-66	59	20	in	in	ADP
emaj-66	59	21	gold	gold	NOUN
emaj-66	59	22	prices	price	NOUN
emaj-66	59	23	.	.	PUNCT
emaj-66	60	1	india	india	PROPN
emaj-66	60	2	,	,	PUNCT
emaj-66	60	3	china	china	PROPN
emaj-66	60	4	,	,	PUNCT
emaj-66	60	5	turkey	turkey	PROPN
emaj-66	60	6	,	,	PUNCT
emaj-66	60	7	russia	russia	PROPN
emaj-66	60	8	,	,	PUNCT
emaj-66	60	9	usa	usa	PROPN
emaj-66	60	10	,	,	PUNCT
emaj-66	60	11	indonesia	indonesia	PROPN
emaj-66	60	12	,	,	PUNCT
emaj-66	60	13	euro	euro	NOUN
emaj-66	60	14	zone	zone	NOUN
emaj-66	60	15	countries	country	NOUN
emaj-66	60	16	,	,	PUNCT
emaj-66	60	17	switzerland	switzerland	PROPN
emaj-66	60	18	and	and	CCONJ
emaj-66	60	19	uk	uk	PROPN
emaj-66	60	20	are	be	AUX
emaj-66	60	21	among	among	ADP
emaj-66	60	22	the	the	DET
emaj-66	60	23	top	top	ADJ
emaj-66	60	24	gold	gold	NOUN
emaj-66	60	25	demanding	demand	VERB
emaj-66	60	26	countries	country	NOUN
emaj-66	60	27	whereas	whereas	SCONJ
emaj-66	60	28	,	,	PUNCT
emaj-66	60	29	china	china	PROPN
emaj-66	60	30	,	,	PUNCT
emaj-66	60	31	australia	australia	PROPN
emaj-66	60	32	,	,	PUNCT
emaj-66	60	33	usa	usa	PROPN
emaj-66	60	34	,	,	PUNCT
emaj-66	60	35	south	south	PROPN
emaj-66	60	36	africa	africa	PROPN
emaj-66	60	37	,	,	PUNCT
emaj-66	60	38	russia	russia	PROPN
emaj-66	60	39	,	,	PUNCT
emaj-66	60	40	canada	canada	PROPN
emaj-66	60	41	and	and	CCONJ
emaj-66	60	42	indonesia	indonesia	PROPN
emaj-66	60	43	are	be	AUX
emaj-66	60	44	among	among	ADP
emaj-66	60	45	the	the	DET
emaj-66	60	46	significant	significant	ADJ
emaj-66	60	47	producers	producer	NOUN
emaj-66	60	48	in	in	ADP
emaj-66	60	49	world	world	NOUN
emaj-66	60	50	gold	gold	NOUN
emaj-66	60	51	production	production	NOUN
emaj-66	60	52	according	accord	VERB
emaj-66	60	53	to	to	ADP
emaj-66	60	54	various	various	ADJ
emaj-66	60	55	reports	report	NOUN
emaj-66	60	56	of	of	ADP
emaj-66	60	57	world	world	NOUN
emaj-66	60	58	gold	gold	NOUN
emaj-66	60	59	council	council	PROPN
emaj-66	60	60	.	.	PUNCT
emaj-66	61	1	further	far	ADV
emaj-66	61	2	,	,	PUNCT
emaj-66	61	3	a	a	DET
emaj-66	61	4	subset	subset	NOUN
emaj-66	61	5	of	of	ADP
emaj-66	61	6	alternative	alternative	ADJ
emaj-66	61	7	assets	asset	NOUN
emaj-66	61	8	including	include	VERB
emaj-66	61	9	bond	bond	NOUN
emaj-66	61	10	returns	return	NOUN
emaj-66	61	11	,	,	PUNCT
emaj-66	61	12	return	return	VERB
emaj-66	61	13	on	on	ADP
emaj-66	61	14	oil	oil	NOUN
emaj-66	61	15	prices	price	NOUN
emaj-66	61	16	,	,	PUNCT
emaj-66	61	17	silver	silver	NOUN
emaj-66	61	18	prices	price	NOUN
emaj-66	61	19	,	,	PUNCT
emaj-66	61	20	and	and	CCONJ
emaj-66	61	21	credit	credit	NOUN
emaj-66	61	22	default	default	NOUN
emaj-66	61	23	swaps	swap	NOUN
emaj-66	61	24	of	of	ADP
emaj-66	61	25	some	some	DET
emaj-66	61	26	emerging	emerge	VERB
emaj-66	61	27	countries	country	NOUN
emaj-66	61	28	are	be	AUX
emaj-66	61	29	used	use	VERB
emaj-66	61	30	.	.	PUNCT
emaj-66	62	1	the	the	DET
emaj-66	62	2	study	study	NOUN
emaj-66	62	3	employed	employ	VERB
emaj-66	62	4	the	the	DET
emaj-66	62	5	garch	garch	NOUN
emaj-66	62	6	(	(	PUNCT
emaj-66	62	7	1,1	1,1	NUM
emaj-66	62	8	)	)	PUNCT
emaj-66	62	9	model	model	NOUN
emaj-66	62	10	and	and	CCONJ
emaj-66	62	11	provided	provide	VERB
emaj-66	62	12	the	the	DET
emaj-66	62	13	evidence	evidence	NOUN
emaj-66	62	14	that	that	PRON
emaj-66	62	15	return	return	VERB
emaj-66	62	16	of	of	ADP
emaj-66	62	17	silver	silver	NOUN
emaj-66	62	18	,	,	PUNCT
emaj-66	62	19	usd	usd	NOUN
emaj-66	62	20	and	and	CCONJ
emaj-66	62	21	change	change	NOUN
emaj-66	62	22	in	in	ADP
emaj-66	62	23	the	the	DET
emaj-66	62	24	equity	equity	NOUN
emaj-66	62	25	volatility	volatility	NOUN
emaj-66	62	26	index	index	NOUN
emaj-66	62	27	influences	influence	VERB
emaj-66	62	28	gold	gold	NOUN
emaj-66	62	29	returns	return	NOUN
emaj-66	62	30	positively	positively	ADV
emaj-66	62	31	whereas	whereas	SCONJ
emaj-66	62	32	,	,	PUNCT
emaj-66	62	33	swiss	swiss	ADJ
emaj-66	62	34	franc	franc	NOUN
emaj-66	62	35	and	and	CCONJ
emaj-66	62	36	canadian	canadian	ADJ
emaj-66	62	37	dollar	dollar	NOUN
emaj-66	62	38	returns	return	NOUN
emaj-66	62	39	influence	influence	NOUN
emaj-66	62	40	gold	gold	NOUN
emaj-66	62	41	returns	return	NOUN
emaj-66	62	42	negatively	negatively	ADV
emaj-66	62	43	regardless	regardless	ADV
emaj-66	62	44	of	of	ADP
emaj-66	62	45	the	the	DET
emaj-66	62	46	2008	2008	NUM
emaj-66	62	47	recession	recession	NOUN
emaj-66	62	48	crisis	crisis	NOUN
emaj-66	62	49	.	.	PUNCT
emaj-66	63	1	in	in	ADP
emaj-66	63	2	another	another	DET
emaj-66	63	3	study	study	NOUN
emaj-66	63	4	,	,	PUNCT
emaj-66	63	5	(	(	PUNCT
emaj-66	63	6	omağ	omağ	NOUN
emaj-66	63	7	,	,	PUNCT
emaj-66	63	8	2012	2012	NUM
emaj-66	63	9	)	)	PUNCT
emaj-66	63	10	in	in	ADP
emaj-66	63	11	analyzed	analyze	VERB
emaj-66	63	12	the	the	DET
emaj-66	63	13	relationship	relationship	NOUN
emaj-66	63	14	of	of	ADP
emaj-66	63	15	yellow	yellow	ADJ
emaj-66	63	16	metal	metal	NOUN
emaj-66	63	17	with	with	ADP
emaj-66	63	18	few	few	ADJ
emaj-66	63	19	financial	financial	ADJ
emaj-66	63	20	variables	variable	NOUN
emaj-66	63	21	like	like	ADP
emaj-66	63	22	inflation	inflation	NOUN
emaj-66	63	23	,	,	PUNCT
emaj-66	63	24	exchange	exchange	NOUN
emaj-66	63	25	rate	rate	NOUN
emaj-66	63	26	of	of	ADP
emaj-66	63	27	home	home	NOUN
emaj-66	63	28	currency	currency	NOUN
emaj-66	63	29	to	to	ADP
emaj-66	63	30	us	us	PROPN
emaj-66	63	31	dollar	dollar	NOUN
emaj-66	63	32	and	and	CCONJ
emaj-66	63	33	return	return	VERB
emaj-66	63	34	on	on	ADP
emaj-66	63	35	few	few	ADJ
emaj-66	63	36	government	government	NOUN
emaj-66	63	37	securities	security	NOUN
emaj-66	63	38	in	in	ADP
emaj-66	63	39	turkey	turkey	PROPN
emaj-66	63	40	.	.	PUNCT
emaj-66	64	1	the	the	DET
emaj-66	64	2	most	most	ADV
emaj-66	64	3	influential	influential	ADJ
emaj-66	64	4	factor	factor	NOUN
emaj-66	64	5	impacting	impact	VERB
emaj-66	64	6	the	the	DET
emaj-66	64	7	gold	gold	NOUN
emaj-66	64	8	prices	price	NOUN
emaj-66	64	9	in	in	ADP
emaj-66	64	10	turkey	turkey	NOUN
emaj-66	64	11	is	be	AUX
emaj-66	64	12	exchange	exchange	NOUN
emaj-66	64	13	value	value	NOUN
emaj-66	64	14	of	of	ADP
emaj-66	64	15	home	home	NOUN
emaj-66	64	16	currency	currency	NOUN
emaj-66	64	17	to	to	ADP
emaj-66	64	18	usd	usd	PROPN
emaj-66	64	19	.	.	PUNCT
emaj-66	65	1	however	however	ADV
emaj-66	65	2	,	,	PUNCT
emaj-66	65	3	the	the	DET
emaj-66	65	4	other	other	ADJ
emaj-66	65	5	factors	factor	NOUN
emaj-66	65	6	have	have	VERB
emaj-66	65	7	small	small	ADJ
emaj-66	65	8	but	but	CCONJ
emaj-66	65	9	statistically	statistically	ADV
emaj-66	65	10	significant	significant	ADJ
emaj-66	65	11	impact	impact	NOUN
emaj-66	65	12	.	.	PUNCT
emaj-66	66	1	he	he	PRON
emaj-66	66	2	commented	comment	VERB
emaj-66	66	3	that	that	SCONJ
emaj-66	66	4	gold	gold	NOUN
emaj-66	66	5	is	be	AUX
emaj-66	66	6	an	an	DET
emaj-66	66	7	important	important	ADJ
emaj-66	66	8	precious	precious	ADJ
emaj-66	66	9	metal	metal	NOUN
emaj-66	66	10	in	in	ADP
emaj-66	66	11	the	the	DET
emaj-66	66	12	economy	economy	NOUN
emaj-66	66	13	and	and	CCONJ
emaj-66	66	14	the	the	DET
emaj-66	66	15	recent	recent	ADJ
emaj-66	66	16	recession	recession	NOUN
emaj-66	66	17	has	have	AUX
emaj-66	66	18	increased	increase	VERB
emaj-66	66	19	its	its	PRON
emaj-66	66	20	investment	investment	NOUN
emaj-66	66	21	demand	demand	NOUN
emaj-66	66	22	.	.	PUNCT
emaj-66	67	1	therefore	therefore	ADV
emaj-66	67	2	,	,	PUNCT
emaj-66	67	3	the	the	DET
emaj-66	67	4	flow	flow	NOUN
emaj-66	67	5	of	of	ADP
emaj-66	67	6	funds	fund	NOUN
emaj-66	67	7	in	in	ADP
emaj-66	67	8	the	the	DET
emaj-66	67	9	financial	financial	ADJ
emaj-66	67	10	system	system	NOUN
emaj-66	67	11	has	have	AUX
emaj-66	67	12	been	be	AUX
emaj-66	67	13	impacted	impact	VERB
emaj-66	67	14	by	by	ADP
emaj-66	67	15	effects	effect	NOUN
emaj-66	67	16	of	of	ADP
emaj-66	67	17	gold	gold	NOUN
emaj-66	67	18	trading	trading	NOUN
emaj-66	67	19	as	as	SCONJ
emaj-66	67	20	the	the	DET
emaj-66	67	21	metal	metal	NOUN
emaj-66	67	22	has	have	AUX
emaj-66	67	23	emerged	emerge	VERB
emaj-66	67	24	as	as	ADP
emaj-66	67	25	an	an	DET
emaj-66	67	26	important	important	ADJ
emaj-66	67	27	alternative	alternative	ADJ
emaj-66	67	28	investment	investment	NOUN
emaj-66	67	29	tool	tool	NOUN
emaj-66	67	30	after	after	ADP
emaj-66	67	31	the	the	DET
emaj-66	67	32	recent	recent	ADJ
emaj-66	67	33	recession	recession	NOUN
emaj-66	67	34	.	.	PUNCT
emaj-66	68	1	in	in	ADP
emaj-66	68	2	another	another	DET
emaj-66	68	3	study	study	NOUN
emaj-66	68	4	,	,	PUNCT
emaj-66	68	5	(	(	PUNCT
emaj-66	68	6	kiohos	kiohos	PROPN
emaj-66	68	7	&	&	CCONJ
emaj-66	68	8	sariannidis	sariannidis	PROPN
emaj-66	68	9	,	,	PUNCT
emaj-66	68	10	2010	2010	NUM
emaj-66	68	11	)	)	PUNCT
emaj-66	68	12	tried	try	VERB
emaj-66	68	13	to	to	PART
emaj-66	68	14	comment	comment	VERB
emaj-66	68	15	on	on	ADP
emaj-66	68	16	the	the	DET
emaj-66	68	17	influence	influence	NOUN
emaj-66	68	18	of	of	ADP
emaj-66	68	19	energy	energy	NOUN
emaj-66	68	20	and	and	CCONJ
emaj-66	68	21	financial	financial	ADJ
emaj-66	68	22	markets	market	NOUN
emaj-66	68	23	on	on	ADP
emaj-66	68	24	the	the	DET
emaj-66	68	25	gold	gold	NOUN
emaj-66	68	26	market	market	NOUN
emaj-66	68	27	in	in	ADP
emaj-66	68	28	short	short	ADJ
emaj-66	68	29	run	run	NOUN
emaj-66	68	30	.	.	PUNCT
emaj-66	69	1	they	they	PRON
emaj-66	69	2	used	use	VERB
emaj-66	69	3	crude	crude	ADJ
emaj-66	69	4	oil	oil	NOUN
emaj-66	69	5	prices	price	NOUN
emaj-66	69	6	an	an	DET
emaj-66	69	7	indicator	indicator	NOUN
emaj-66	69	8	of	of	ADP
emaj-66	69	9	energy	energy	NOUN
emaj-66	69	10	market	market	NOUN
emaj-66	69	11	and	and	CCONJ
emaj-66	69	12	equity	equity	NOUN
emaj-66	69	13	,	,	PUNCT
emaj-66	69	14	currency	currency	NOUN
emaj-66	69	15	and	and	CCONJ
emaj-66	69	16	exchange	exchange	NOUN
emaj-66	69	17	rate	rate	NOUN
emaj-66	69	18	of	of	ADP
emaj-66	69	19	u.s	u.s	PROPN
emaj-66	69	20	.	.	PROPN
emaj-66	69	21	dollar	dollar	NOUN
emaj-66	69	22	to	to	ADP
emaj-66	69	23	yen	yen	NOUN
emaj-66	69	24	as	as	ADP
emaj-66	69	25	the	the	DET
emaj-66	69	26	indicator	indicator	NOUN
emaj-66	69	27	of	of	ADP
emaj-66	69	28	financial	financial	ADJ
emaj-66	69	29	markets	market	NOUN
emaj-66	69	30	.	.	PUNCT
emaj-66	70	1	in	in	ADP
emaj-66	70	2	their	their	PRON
emaj-66	70	3	study	study	NOUN
emaj-66	70	4	,	,	PUNCT
emaj-66	70	5	the	the	DET
emaj-66	70	6	two	two	NUM
emaj-66	70	7	used	use	VERB
emaj-66	70	8	a	a	DET
emaj-66	70	9	gjrgarch	gjrgarch	NOUN
emaj-66	70	10	model	model	NOUN
emaj-66	70	11	to	to	PART
emaj-66	70	12	study	study	VERB
emaj-66	70	13	these	these	DET
emaj-66	70	14	relationships	relationship	NOUN
emaj-66	70	15	for	for	ADP
emaj-66	70	16	daily	daily	ADJ
emaj-66	70	17	data	datum	NOUN
emaj-66	70	18	for	for	ADP
emaj-66	70	19	10	10	NUM
emaj-66	70	20	year	year	NOUN
emaj-66	70	21	period	period	NOUN
emaj-66	70	22	(	(	PUNCT
emaj-66	70	23	january	january	PROPN
emaj-66	70	24	1	1	NUM
emaj-66	70	25	,	,	PUNCT
emaj-66	70	26	1999	1999	NUM
emaj-66	70	27	to	to	ADP
emaj-66	70	28	august	august	PROPN
emaj-66	70	29	31	31	NUM
emaj-66	70	30	,	,	PUNCT
emaj-66	70	31	2009	2009	NUM
emaj-66	70	32	)	)	PUNCT
emaj-66	70	33	.	.	PUNCT
emaj-66	71	1	the	the	DET
emaj-66	71	2	study	study	NOUN
emaj-66	71	3	concluded	conclude	VERB
emaj-66	71	4	that	that	SCONJ
emaj-66	71	5	the	the	DET
emaj-66	71	6	exchange	exchange	NOUN
emaj-66	71	7	rate	rate	NOUN
emaj-66	71	8	of	of	ADP
emaj-66	71	9	u.s	u.s	PROPN
emaj-66	71	10	.	.	PROPN
emaj-66	71	11	dollar	dollar	NOUN
emaj-66	71	12	/	/	SYM
emaj-66	71	13	yen	yen	NOUN
emaj-66	71	14	has	have	VERB
emaj-66	71	15	the	the	DET
emaj-66	71	16	most	most	ADV
emaj-66	71	17	significant	significant	ADJ
emaj-66	71	18	impact	impact	NOUN
emaj-66	71	19	on	on	ADP
emaj-66	71	20	the	the	DET
emaj-66	71	21	gold	gold	NOUN
emaj-66	71	22	prices	price	NOUN
emaj-66	71	23	.	.	PUNCT
emaj-66	72	1	(	(	PUNCT
emaj-66	72	2	sjaastad	sjaastad	NOUN
emaj-66	72	3	,	,	PUNCT
emaj-66	72	4	2008	2008	NUM
emaj-66	72	5	)	)	PUNCT
emaj-66	72	6	used	use	VERB
emaj-66	72	7	the	the	DET
emaj-66	72	8	technique	technique	NOUN
emaj-66	72	9	of	of	ADP
emaj-66	72	10	forecasting	forecasting	NOUN
emaj-66	72	11	error	error	NOUN
emaj-66	72	12	data	datum	NOUN
emaj-66	72	13	to	to	PART
emaj-66	72	14	study	study	VERB
emaj-66	72	15	the	the	DET
emaj-66	72	16	relationship	relationship	NOUN
emaj-66	72	17	between	between	ADP
emaj-66	72	18	price	price	NOUN
emaj-66	72	19	of	of	ADP
emaj-66	72	20	gold	gold	NOUN
emaj-66	72	21	and	and	CCONJ
emaj-66	72	22	exchange	exchange	NOUN
emaj-66	72	23	rate	rate	NOUN
emaj-66	72	24	of	of	ADP
emaj-66	72	25	major	major	ADJ
emaj-66	72	26	currencies	currency	NOUN
emaj-66	72	27	.	.	PUNCT
emaj-66	73	1	the	the	DET
emaj-66	73	2	study	study	NOUN
emaj-66	73	3	was	be	AUX
emaj-66	73	4	both	both	CCONJ
emaj-66	73	5	empirical	empirical	ADJ
emaj-66	73	6	and	and	CCONJ
emaj-66	73	7	theoretical	theoretical	ADJ
emaj-66	73	8	in	in	ADP
emaj-66	73	9	nature	nature	NOUN
emaj-66	73	10	.	.	PUNCT
emaj-66	74	1	it	it	PRON
emaj-66	74	2	concluded	conclude	VERB
emaj-66	74	3	that	that	SCONJ
emaj-66	74	4	after	after	ADP
emaj-66	74	5	the	the	DET
emaj-66	74	6	cessation	cessation	NOUN
emaj-66	74	7	of	of	ADP
emaj-66	74	8	the	the	DET
emaj-66	74	9	bretton	bretton	PROPN
emaj-66	74	10	woods	wood	NOUN
emaj-66	74	11	system	system	NOUN
emaj-66	74	12	,	,	PUNCT
emaj-66	74	13	the	the	DET
emaj-66	74	14	evolution	evolution	NOUN
emaj-66	74	15	of	of	ADP
emaj-66	74	16	floating	float	VERB
emaj-66	74	17	exchange	exchange	NOUN
emaj-66	74	18	rates	rate	NOUN
emaj-66	74	19	for	for	ADP
emaj-66	74	20	various	various	ADJ
emaj-66	74	21	currencies	currency	NOUN
emaj-66	74	22	has	have	AUX
emaj-66	74	23	been	be	AUX
emaj-66	74	24	a	a	DET
emaj-66	74	25	strong	strong	ADJ
emaj-66	74	26	reason	reason	NOUN
emaj-66	74	27	behind	behind	ADP
emaj-66	74	28	instability	instability	NOUN
emaj-66	74	29	in	in	ADP
emaj-66	74	30	gold	gold	NOUN
emaj-66	74	31	prices	price	NOUN
emaj-66	74	32	.	.	PUNCT
emaj-66	75	1	the	the	DET
emaj-66	75	2	most	most	ADV
emaj-66	75	3	influential	influential	ADJ
emaj-66	75	4	currency	currency	NOUN
emaj-66	75	5	in	in	ADP
emaj-66	75	6	this	this	DET
emaj-66	75	7	respect	respect	NOUN
emaj-66	75	8	has	have	AUX
emaj-66	75	9	been	be	AUX
emaj-66	75	10	us	us	PROPN
emaj-66	75	11	dollar	dollar	NOUN
emaj-66	75	12	.	.	PUNCT
emaj-66	76	1	the	the	DET
emaj-66	76	2	appreciation	appreciation	NOUN
emaj-66	76	3	or	or	CCONJ
emaj-66	76	4	depreciation	depreciation	NOUN
emaj-66	76	5	of	of	ADP
emaj-66	76	6	us	we	PRON
emaj-66	76	7	dollar	dollar	NOUN
emaj-66	76	8	has	have	AUX
emaj-66	76	9	been	be	AUX
emaj-66	76	10	a	a	DET
emaj-66	76	11	very	very	ADV
emaj-66	76	12	important	important	ADJ
emaj-66	76	13	factor	factor	NOUN
emaj-66	76	14	in	in	ADP
emaj-66	76	15	determining	determine	VERB
emaj-66	76	16	the	the	DET
emaj-66	76	17	gold	gold	NOUN
emaj-66	76	18	prices	price	NOUN
emaj-66	76	19	.	.	PUNCT
emaj-66	77	1	(	(	PUNCT
emaj-66	77	2	tully	tully	PROPN
emaj-66	77	3	&	&	CCONJ
emaj-66	77	4	lucey	lucey	PROPN
emaj-66	77	5	,	,	PUNCT
emaj-66	77	6	2007	2007	NUM
emaj-66	77	7	)	)	PUNCT
emaj-66	77	8	investigated	investigate	VERB
emaj-66	77	9	the	the	DET
emaj-66	77	10	relationship	relationship	NOUN
emaj-66	77	11	between	between	ADP
emaj-66	77	12	gold	gold	NOUN
emaj-66	77	13	prices	price	NOUN
emaj-66	77	14	and	and	CCONJ
emaj-66	77	15	exchange	exchange	NOUN
emaj-66	77	16	rate	rate	NOUN
emaj-66	77	17	of	of	ADP
emaj-66	77	18	us	us	PROPN
emaj-66	77	19	dollar	dollar	NOUN
emaj-66	77	20	.	.	PUNCT
emaj-66	78	1	they	they	PRON
emaj-66	78	2	used	use	VERB
emaj-66	78	3	six	six	NUM
emaj-66	78	4	different	different	ADJ
emaj-66	78	5	models	model	NOUN
emaj-66	78	6	of	of	ADP
emaj-66	78	7	garch	garch	NOUN
emaj-66	78	8	family	family	NOUN
emaj-66	78	9	in	in	ADP
emaj-66	78	10	their	their	PRON
emaj-66	78	11	study	study	NOUN
emaj-66	78	12	.	.	PUNCT
emaj-66	79	1	their	their	PRON
emaj-66	79	2	analysis	analysis	NOUN
emaj-66	79	3	concludes	conclude	VERB
emaj-66	79	4	that	that	SCONJ
emaj-66	79	5	an	an	DET
emaj-66	79	6	apgarch	apgarch	NOUN
emaj-66	79	7	model	model	NOUN
emaj-66	79	8	is	be	AUX
emaj-66	79	9	best	well	ADV
emaj-66	79	10	fit	fit	ADJ
emaj-66	79	11	model	model	NOUN
emaj-66	79	12	for	for	ADP
emaj-66	79	13	the	the	DET
emaj-66	79	14	datasets	dataset	NOUN
emaj-66	79	15	used	use	VERB
emaj-66	79	16	in	in	ADP
emaj-66	79	17	the	the	DET
emaj-66	79	18	analysis	analysis	NOUN
emaj-66	79	19	which	which	PRON
emaj-66	79	20	included	include	VERB
emaj-66	79	21	data	datum	NOUN
emaj-66	79	22	for	for	ADP
emaj-66	79	23	various	various	ADJ
emaj-66	79	24	economic	economic	ADJ
emaj-66	79	25	variables	variable	NOUN
emaj-66	79	26	over	over	ADP
emaj-66	79	27	the	the	DET
emaj-66	79	28	1983–2003	1983–2003	NUM
emaj-66	79	29	period	period	NOUN
emaj-66	79	30	and	and	CCONJ
emaj-66	79	31	both	both	PRON
emaj-66	79	32	spot	spot	NOUN
emaj-66	79	33	and	and	CCONJ
emaj-66	79	34	average	average	ADJ
emaj-66	79	35	futures	future	NOUN
emaj-66	79	36	prices	price	NOUN
emaj-66	79	37	of	of	ADP
emaj-66	79	38	gold	gold	NOUN
emaj-66	79	39	.	.	PUNCT
emaj-66	80	1	the	the	DET
emaj-66	80	2	study	study	NOUN
emaj-66	80	3	provided	provide	VERB
emaj-66	80	4	a	a	DET
emaj-66	80	5	especial	especial	ADJ
emaj-66	80	6	reference	reference	NOUN
emaj-66	80	7	to	to	ADP
emaj-66	80	8	the	the	DET
emaj-66	80	9	equity	equity	NOUN
emaj-66	80	10	market	market	NOUN
emaj-66	80	11	crash	crash	NOUN
emaj-66	80	12	of	of	ADP
emaj-66	80	13	1987	1987	NUM
emaj-66	80	14	and	and	CCONJ
emaj-66	80	15	2001	2001	NUM
emaj-66	80	16	.	.	PUNCT
emaj-66	81	1	the	the	DET
emaj-66	81	2	study	study	NOUN
emaj-66	81	3	confirms	confirm	VERB
emaj-66	81	4	that	that	SCONJ
emaj-66	81	5	the	the	DET
emaj-66	81	6	though	though	SCONJ
emaj-66	81	7	few	few	ADJ
emaj-66	81	8	macro	macro	ADJ
emaj-66	81	9	economic	economic	ADJ
emaj-66	81	10	variables	variable	NOUN
emaj-66	81	11	have	have	VERB
emaj-66	81	12	a	a	DET
emaj-66	81	13	statistically	statistically	ADV
emaj-66	81	14	significant	significant	ADJ
emaj-66	81	15	impact	impact	NOUN
emaj-66	81	16	on	on	ADP
emaj-66	81	17	gold	gold	NOUN
emaj-66	81	18	prices	price	NOUN
emaj-66	81	19	,	,	PUNCT
emaj-66	81	20	the	the	DET
emaj-66	81	21	exchange	exchange	NOUN
emaj-66	81	22	rate	rate	NOUN
emaj-66	81	23	of	of	ADP
emaj-66	81	24	domestic	domestic	ADJ
emaj-66	81	25	currency	currency	NOUN
emaj-66	81	26	to	to	ADP
emaj-66	81	27	us	we	PRON
emaj-66	81	28	dollar	dollar	NOUN
emaj-66	81	29	is	be	AUX
emaj-66	81	30	the	the	DET
emaj-66	81	31	main	main	ADJ
emaj-66	81	32	and	and	CCONJ
emaj-66	81	33	important	important	ADJ
emaj-66	81	34	factor	factor	NOUN
emaj-66	81	35	which	which	PRON
emaj-66	81	36	has	have	VERB
emaj-66	81	37	a	a	DET
emaj-66	81	38	strong	strong	ADJ
emaj-66	81	39	impact	impact	NOUN
emaj-66	81	40	on	on	ADP
emaj-66	81	41	gold	gold	NOUN
emaj-66	81	42	prices	price	NOUN
emaj-66	81	43	.	.	PUNCT
emaj-66	82	1	in	in	ADP
emaj-66	82	2	another	another	DET
emaj-66	82	3	study	study	NOUN
emaj-66	82	4	,	,	PUNCT
emaj-66	82	5	(	(	PUNCT
emaj-66	82	6	capie	capie	NOUN
emaj-66	82	7	,	,	PUNCT
emaj-66	82	8	mills	mill	NOUN
emaj-66	82	9	,	,	PUNCT
emaj-66	82	10	&	&	CCONJ
emaj-66	82	11	wood	wood	PROPN
emaj-66	82	12	,	,	PUNCT
emaj-66	82	13	2004	2004	NUM
emaj-66	82	14	)	)	PUNCT
emaj-66	82	15	used	use	VERB
emaj-66	82	16	weekly	weekly	ADJ
emaj-66	82	17	data	datum	NOUN
emaj-66	82	18	for	for	ADP
emaj-66	82	19	last	last	ADJ
emaj-66	82	20	thirty	thirty	NUM
emaj-66	82	21	years	year	NOUN
emaj-66	82	22	for	for	ADP
emaj-66	82	23	spot	spot	NOUN
emaj-66	82	24	prices	price	NOUN
emaj-66	82	25	of	of	ADP
emaj-66	82	26	gold	gold	NOUN
emaj-66	82	27	,	,	PUNCT
emaj-66	82	28	exchange	exchange	NOUN
emaj-66	82	29	rate	rate	NOUN
emaj-66	82	30	of	of	ADP
emaj-66	82	31	great	great	ADJ
emaj-66	82	32	britain	britain	PROPN
emaj-66	82	33	pound	pound	NOUN
emaj-66	82	34	and	and	CCONJ
emaj-66	82	35	japanese	japanese	ADJ
emaj-66	82	36	yen	yen	NOUN
emaj-66	82	37	to	to	ADP
emaj-66	82	38	us	us	PROPN
emaj-66	82	39	dollar	dollar	NOUN
emaj-66	82	40	to	to	PART
emaj-66	82	41	understand	understand	VERB
emaj-66	82	42	up	up	ADP
emaj-66	82	43	to	to	ADP
emaj-66	82	44	what	what	DET
emaj-66	82	45	extent	extent	NOUN
emaj-66	82	46	gold	gold	NOUN
emaj-66	82	47	has	have	AUX
emaj-66	82	48	acted	act	VERB
emaj-66	82	49	as	as	ADP
emaj-66	82	50	a	a	DET
emaj-66	82	51	hedge	hedge	NOUN
emaj-66	82	52	against	against	ADP
emaj-66	82	53	exchange	exchange	NOUN
emaj-66	82	54	rate	rate	NOUN
emaj-66	82	55	adversities	adversity	NOUN
emaj-66	82	56	.	.	PUNCT
emaj-66	83	1	the	the	DET
emaj-66	83	2	study	study	NOUN
emaj-66	83	3	used	use	VERB
emaj-66	83	4	garch	garch	NOUN
emaj-66	83	5	model	model	NOUN
emaj-66	83	6	for	for	ADP
emaj-66	83	7	the	the	DET
emaj-66	83	8	analysis	analysis	NOUN
emaj-66	83	9	.	.	PUNCT
emaj-66	84	1	they	they	PRON
emaj-66	84	2	concluded	conclude	VERB
emaj-66	84	3	that	that	SCONJ
emaj-66	84	4	the	the	DET
emaj-66	84	5	volume	volume	NOUN
emaj-66	84	6	5	5	NUM
emaj-66	84	7	no	no	DET
emaj-66	84	8	1	1	NUM
emaj-66	84	9	(	(	PUNCT
emaj-66	84	10	2015	2015	NUM
emaj-66	84	11	)	)	PUNCT
emaj-66	84	12	|	|	ADV
emaj-66	84	13	issn	issn	VERB
emaj-66	84	14	2158	2158	NUM
emaj-66	84	15	-	-	SYM
emaj-66	84	16	8708	8708	NUM
emaj-66	84	17	(	(	PUNCT
emaj-66	84	18	online	online	NOUN
emaj-66	84	19	)	)	PUNCT
emaj-66	84	20	|	|	ADV
emaj-66	84	21	doi	doi	X
emaj-66	84	22	10.5195	10.5195	NUM
emaj-66	84	23	/	/	SYM
emaj-66	84	24	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	84	25	|	|	ADV
emaj-66	84	26	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	84	27	girish	girish	PROPN
emaj-66	84	28	karunakaran	karunakaran	PROPN
emaj-66	84	29	nair	nair	PROPN
emaj-66	84	30	,	,	PUNCT
emaj-66	84	31	nidhi	nidhi	PROPN
emaj-66	84	32	choudhary	choudhary	PROPN
emaj-66	84	33	,	,	PUNCT
emaj-66	84	34	harsh	harsh	PROPN
emaj-66	84	35	purohit	purohit	ADJ
emaj-66	84	36	emerging	emerge	VERB
emaj-66	84	37	markets	market	NOUN
emaj-66	84	38	journal	journal	NOUN
emaj-66	84	39	|	|	ADV
emaj-66	84	40	p	p	NOUN
emaj-66	84	41	a	a	DET
emaj-66	84	42	g	g	PROPN
emaj-66	84	43	e	e	PROPN
emaj-66	84	44	|19	|19	PROPN
emaj-66	84	45	relationship	relationship	NOUN
emaj-66	84	46	between	between	ADP
emaj-66	84	47	gold	gold	NOUN
emaj-66	84	48	and	and	CCONJ
emaj-66	84	49	exchange	exchange	NOUN
emaj-66	84	50	rates	rate	NOUN
emaj-66	84	51	of	of	ADP
emaj-66	84	52	the	the	DET
emaj-66	84	53	currencies	currency	NOUN
emaj-66	84	54	to	to	ADP
emaj-66	84	55	usd	usd	NOUN
emaj-66	84	56	is	be	AUX
emaj-66	84	57	inelastic	inelastic	ADJ
emaj-66	84	58	and	and	CCONJ
emaj-66	84	59	negative	negative	ADJ
emaj-66	84	60	.	.	PUNCT
emaj-66	85	1	but	but	CCONJ
emaj-66	85	2	the	the	DET
emaj-66	85	3	nature	nature	NOUN
emaj-66	85	4	and	and	CCONJ
emaj-66	85	5	the	the	DET
emaj-66	85	6	strength	strength	NOUN
emaj-66	85	7	of	of	ADP
emaj-66	85	8	this	this	DET
emaj-66	85	9	relationship	relationship	NOUN
emaj-66	85	10	has	have	AUX
emaj-66	85	11	shifted	shift	VERB
emaj-66	85	12	over	over	ADP
emaj-66	85	13	time	time	NOUN
emaj-66	85	14	.	.	PUNCT
emaj-66	86	1	the	the	DET
emaj-66	86	2	hedging	hedge	VERB
emaj-66	86	3	property	property	NOUN
emaj-66	86	4	of	of	ADP
emaj-66	86	5	yellow	yellow	ADJ
emaj-66	86	6	metal	metal	NOUN
emaj-66	86	7	is	be	AUX
emaj-66	86	8	highly	highly	ADV
emaj-66	86	9	dependent	dependent	ADJ
emaj-66	86	10	on	on	ADP
emaj-66	86	11	political	political	ADJ
emaj-66	86	12	events	event	NOUN
emaj-66	86	13	and	and	CCONJ
emaj-66	86	14	political	political	ADJ
emaj-66	86	15	uncertainty	uncertainty	NOUN
emaj-66	86	16	.	.	PUNCT
emaj-66	87	1	(	(	PUNCT
emaj-66	87	2	capie	capie	NOUN
emaj-66	87	3	,	,	PUNCT
emaj-66	87	4	mills	mill	NOUN
emaj-66	87	5	,	,	PUNCT
emaj-66	87	6	&	&	CCONJ
emaj-66	87	7	wood	wood	PROPN
emaj-66	87	8	,	,	PUNCT
emaj-66	87	9	2005	2005	NUM
emaj-66	87	10	)	)	PUNCT
emaj-66	87	11	in	in	ADP
emaj-66	87	12	their	their	PRON
emaj-66	87	13	study	study	NOUN
emaj-66	87	14	on	on	ADP
emaj-66	87	15	gold	gold	NOUN
emaj-66	87	16	as	as	ADP
emaj-66	87	17	a	a	DET
emaj-66	87	18	hedge	hedge	NOUN
emaj-66	87	19	against	against	ADP
emaj-66	87	20	the	the	DET
emaj-66	87	21	us	us	PROPN
emaj-66	87	22	dollar	dollar	NOUN
emaj-66	87	23	did	do	VERB
emaj-66	87	24	a	a	DET
emaj-66	87	25	detailed	detailed	ADJ
emaj-66	87	26	analysis	analysis	NOUN
emaj-66	87	27	about	about	ADP
emaj-66	87	28	if	if	SCONJ
emaj-66	87	29	gold	gold	NOUN
emaj-66	87	30	is	be	AUX
emaj-66	87	31	a	a	DET
emaj-66	87	32	perfect	perfect	ADJ
emaj-66	87	33	hedge	hedge	NOUN
emaj-66	87	34	against	against	ADP
emaj-66	87	35	us	us	PROPN
emaj-66	87	36	dollar	dollar	NOUN
emaj-66	87	37	.	.	PUNCT
emaj-66	88	1	they	they	PRON
emaj-66	88	2	collected	collect	VERB
emaj-66	88	3	abundant	abundant	ADJ
emaj-66	88	4	data	datum	NOUN
emaj-66	88	5	for	for	ADP
emaj-66	88	6	spot	spot	NOUN
emaj-66	88	7	prices	price	NOUN
emaj-66	88	8	of	of	ADP
emaj-66	88	9	gold	gold	NOUN
emaj-66	88	10	and	and	CCONJ
emaj-66	88	11	the	the	DET
emaj-66	88	12	exchange	exchange	NOUN
emaj-66	88	13	values	value	NOUN
emaj-66	88	14	of	of	ADP
emaj-66	88	15	currencies	currency	NOUN
emaj-66	88	16	from	from	ADP
emaj-66	88	17	the	the	DET
emaj-66	88	18	london	london	PROPN
emaj-66	88	19	markets	market	NOUN
emaj-66	88	20	.	.	PUNCT
emaj-66	89	1	they	they	PRON
emaj-66	89	2	ensured	ensure	VERB
emaj-66	89	3	that	that	SCONJ
emaj-66	89	4	exchange	exchange	NOUN
emaj-66	89	5	rate	rate	NOUN
emaj-66	89	6	and	and	CCONJ
emaj-66	89	7	gold	gold	NOUN
emaj-66	89	8	price	price	NOUN
emaj-66	89	9	data	datum	NOUN
emaj-66	89	10	were	be	AUX
emaj-66	89	11	of	of	ADP
emaj-66	89	12	same	same	ADJ
emaj-66	89	13	day	day	NOUN
emaj-66	89	14	.	.	PUNCT
emaj-66	90	1	they	they	PRON
emaj-66	90	2	checked	check	VERB
emaj-66	90	3	the	the	DET
emaj-66	90	4	relationship	relationship	NOUN
emaj-66	90	5	of	of	ADP
emaj-66	90	6	gold	gold	NOUN
emaj-66	90	7	with	with	ADP
emaj-66	90	8	various	various	ADJ
emaj-66	90	9	currencies	currency	NOUN
emaj-66	90	10	not	not	PART
emaj-66	90	11	only	only	ADV
emaj-66	90	12	for	for	ADP
emaj-66	90	13	the	the	DET
emaj-66	90	14	entire	entire	ADJ
emaj-66	90	15	period	period	NOUN
emaj-66	90	16	but	but	CCONJ
emaj-66	90	17	also	also	ADV
emaj-66	90	18	for	for	ADP
emaj-66	90	19	various	various	ADJ
emaj-66	90	20	sub	sub	NOUN
emaj-66	90	21	periods	period	NOUN
emaj-66	90	22	.	.	PUNCT
emaj-66	91	1	the	the	DET
emaj-66	91	2	study	study	NOUN
emaj-66	91	3	concluded	conclude	VERB
emaj-66	91	4	that	that	SCONJ
emaj-66	91	5	gold	gold	NOUN
emaj-66	91	6	is	be	AUX
emaj-66	91	7	a	a	DET
emaj-66	91	8	good	good	ADJ
emaj-66	91	9	hedge	hedge	NOUN
emaj-66	91	10	against	against	ADP
emaj-66	91	11	adverse	adverse	ADJ
emaj-66	91	12	exchange	exchange	NOUN
emaj-66	91	13	value	value	NOUN
emaj-66	91	14	of	of	ADP
emaj-66	91	15	us	us	PROPN
emaj-66	91	16	dollar	dollar	NOUN
emaj-66	91	17	to	to	ADP
emaj-66	91	18	home	home	NOUN
emaj-66	91	19	currency	currency	NOUN
emaj-66	91	20	.	.	PUNCT
emaj-66	92	1	the	the	DET
emaj-66	92	2	study	study	NOUN
emaj-66	92	3	provided	provide	VERB
emaj-66	92	4	for	for	ADP
emaj-66	92	5	various	various	ADJ
emaj-66	92	6	statistical	statistical	ADJ
emaj-66	92	7	evidences	evidence	NOUN
emaj-66	92	8	for	for	ADP
emaj-66	92	9	their	their	PRON
emaj-66	92	10	claims	claim	NOUN
emaj-66	92	11	.	.	PUNCT
emaj-66	93	1	in	in	ADP
emaj-66	93	2	another	another	DET
emaj-66	93	3	study	study	NOUN
emaj-66	93	4	(	(	PUNCT
emaj-66	93	5	sinton	sinton	PROPN
emaj-66	93	6	,	,	PUNCT
emaj-66	93	7	2014	2014	NUM
emaj-66	93	8	)	)	PUNCT
emaj-66	93	9	,	,	PUNCT
emaj-66	93	10	examined	examine	VERB
emaj-66	93	11	the	the	DET
emaj-66	93	12	long	long	ADJ
emaj-66	93	13	term	term	NOUN
emaj-66	93	14	association	association	NOUN
emaj-66	93	15	and	and	CCONJ
emaj-66	93	16	causality	causality	NOUN
emaj-66	93	17	between	between	ADP
emaj-66	93	18	gold	gold	NOUN
emaj-66	93	19	prices	price	NOUN
emaj-66	93	20	,	,	PUNCT
emaj-66	93	21	stock	stock	NOUN
emaj-66	93	22	indices	index	NOUN
emaj-66	93	23	and	and	CCONJ
emaj-66	93	24	u.s	u.s	PROPN
emaj-66	93	25	dollar	dollar	PROPN
emaj-66	93	26	exchange	exchange	NOUN
emaj-66	93	27	rate	rate	NOUN
emaj-66	93	28	in	in	ADP
emaj-66	93	29	jakarta	jakarta	PROPN
emaj-66	93	30	.	.	PUNCT
emaj-66	94	1	the	the	DET
emaj-66	94	2	study	study	NOUN
emaj-66	94	3	used	use	VERB
emaj-66	94	4	the	the	DET
emaj-66	94	5	johansen	johansen	PROPN
emaj-66	94	6	co	co	NOUN
emaj-66	94	7	-	-	NOUN
emaj-66	94	8	integration	integration	NOUN
emaj-66	94	9	analysis	analysis	NOUN
emaj-66	94	10	for	for	ADP
emaj-66	94	11	the	the	DET
emaj-66	94	12	study	study	NOUN
emaj-66	94	13	and	and	CCONJ
emaj-66	94	14	it	it	PRON
emaj-66	94	15	concluded	conclude	VERB
emaj-66	94	16	that	that	SCONJ
emaj-66	94	17	there	there	PRON
emaj-66	94	18	exists	exist	VERB
emaj-66	94	19	no	no	DET
emaj-66	94	20	long	long	ADJ
emaj-66	94	21	term	term	NOUN
emaj-66	94	22	association	association	NOUN
emaj-66	94	23	between	between	ADP
emaj-66	94	24	the	the	DET
emaj-66	94	25	variables	variable	NOUN
emaj-66	94	26	under	under	ADP
emaj-66	94	27	study	study	NOUN
emaj-66	94	28	.	.	PUNCT
emaj-66	95	1	in	in	ADP
emaj-66	95	2	another	another	DET
emaj-66	95	3	study	study	NOUN
emaj-66	95	4	in	in	ADP
emaj-66	95	5	indian	indian	ADJ
emaj-66	95	6	context	context	NOUN
emaj-66	95	7	,	,	PUNCT
emaj-66	95	8	(	(	PUNCT
emaj-66	95	9	bhunia	bhunia	NOUN
emaj-66	95	10	,	,	PUNCT
emaj-66	95	11	2013	2013	NUM
emaj-66	95	12	)	)	PUNCT
emaj-66	95	13	investigated	investigate	VERB
emaj-66	95	14	the	the	DET
emaj-66	95	15	long	long	ADJ
emaj-66	95	16	term	term	NOUN
emaj-66	95	17	association	association	NOUN
emaj-66	95	18	between	between	ADP
emaj-66	95	19	crude	crude	ADJ
emaj-66	95	20	oil	oil	NOUN
emaj-66	95	21	prices	price	NOUN
emaj-66	95	22	,	,	PUNCT
emaj-66	95	23	gold	gold	NOUN
emaj-66	95	24	prices	price	NOUN
emaj-66	95	25	,	,	PUNCT
emaj-66	95	26	us	us	PROPN
emaj-66	95	27	dollar	dollar	NOUN
emaj-66	95	28	exchange	exchange	NOUN
emaj-66	95	29	rate	rate	NOUN
emaj-66	95	30	and	and	CCONJ
emaj-66	95	31	stock	stock	NOUN
emaj-66	95	32	price	price	NOUN
emaj-66	95	33	indices	index	NOUN
emaj-66	95	34	in	in	ADP
emaj-66	95	35	india	india	PROPN
emaj-66	95	36	.	.	PUNCT
emaj-66	96	1	the	the	DET
emaj-66	96	2	study	study	NOUN
emaj-66	96	3	also	also	ADV
emaj-66	96	4	used	use	VERB
emaj-66	96	5	johansen	johansen	PROPN
emaj-66	96	6	cointegration	cointegration	PROPN
emaj-66	96	7	and	and	CCONJ
emaj-66	96	8	granger	granger	PROPN
emaj-66	96	9	causality	causality	PROPN
emaj-66	96	10	test	test	NOUN
emaj-66	96	11	and	and	CCONJ
emaj-66	96	12	indicated	indicate	VERB
emaj-66	96	13	that	that	SCONJ
emaj-66	96	14	there	there	PRON
emaj-66	96	15	exists	exist	VERB
emaj-66	96	16	a	a	DET
emaj-66	96	17	long	long	ADJ
emaj-66	96	18	term	term	NOUN
emaj-66	96	19	association	association	NOUN
emaj-66	96	20	between	between	ADP
emaj-66	96	21	the	the	DET
emaj-66	96	22	variables	variable	NOUN
emaj-66	96	23	under	under	ADP
emaj-66	96	24	study	study	NOUN
emaj-66	96	25	.	.	PUNCT
emaj-66	97	1	the	the	DET
emaj-66	97	2	study	study	NOUN
emaj-66	97	3	further	far	ADV
emaj-66	97	4	stated	state	VERB
emaj-66	97	5	that	that	SCONJ
emaj-66	97	6	there	there	PRON
emaj-66	97	7	is	be	VERB
emaj-66	97	8	a	a	DET
emaj-66	97	9	bi	bi	ADJ
emaj-66	97	10	directional	directional	ADJ
emaj-66	97	11	relationship	relationship	NOUN
emaj-66	97	12	among	among	ADP
emaj-66	97	13	the	the	DET
emaj-66	97	14	variable	variable	NOUN
emaj-66	97	15	under	under	ADP
emaj-66	97	16	study	study	NOUN
emaj-66	97	17	.	.	PUNCT
emaj-66	98	1	however	however	ADV
emaj-66	98	2	,	,	PUNCT
emaj-66	98	3	the	the	DET
emaj-66	98	4	study	study	NOUN
emaj-66	98	5	has	have	AUX
emaj-66	98	6	not	not	PART
emaj-66	98	7	segregated	segregate	VERB
emaj-66	98	8	the	the	DET
emaj-66	98	9	duration	duration	NOUN
emaj-66	98	10	of	of	ADP
emaj-66	98	11	the	the	DET
emaj-66	98	12	global	global	ADJ
emaj-66	98	13	financial	financial	ADJ
emaj-66	98	14	crisis	crisis	NOUN
emaj-66	98	15	and	and	CCONJ
emaj-66	98	16	included	include	VERB
emaj-66	98	17	the	the	DET
emaj-66	98	18	data	datum	NOUN
emaj-66	98	19	since	since	SCONJ
emaj-66	98	20	january	january	PROPN
emaj-66	98	21	1991	1991	NUM
emaj-66	98	22	to	to	ADP
emaj-66	98	23	october	october	PROPN
emaj-66	98	24	2012	2012	NUM
emaj-66	98	25	at	at	ADP
emaj-66	98	26	a	a	DET
emaj-66	98	27	streach	streach	NOUN
emaj-66	98	28	.	.	PUNCT
emaj-66	99	1	on	on	ADP
emaj-66	99	2	similar	similar	ADJ
emaj-66	99	3	lines	line	NOUN
emaj-66	99	4	,	,	PUNCT
emaj-66	99	5	(	(	PUNCT
emaj-66	99	6	arezki	arezki	ADJ
emaj-66	99	7	,	,	PUNCT
emaj-66	99	8	dumitrescu	dumitrescu	NOUN
emaj-66	99	9	,	,	PUNCT
emaj-66	99	10	freytag	freytag	NOUN
emaj-66	99	11	,	,	PUNCT
emaj-66	99	12	&	&	CCONJ
emaj-66	99	13	quintyn	quintyn	PROPN
emaj-66	99	14	,	,	PUNCT
emaj-66	99	15	2012	2012	NUM
emaj-66	99	16	)	)	PUNCT
emaj-66	99	17	used	use	VERB
emaj-66	99	18	the	the	DET
emaj-66	99	19	johansen	johansen	PROPN
emaj-66	99	20	cointegration	cointegration	NOUN
emaj-66	99	21	and	and	CCONJ
emaj-66	99	22	granger	granger	PROPN
emaj-66	99	23	causality	causality	PROPN
emaj-66	99	24	test	test	NOUN
emaj-66	99	25	to	to	PART
emaj-66	99	26	find	find	VERB
emaj-66	99	27	the	the	DET
emaj-66	99	28	flow	flow	NOUN
emaj-66	99	29	of	of	ADP
emaj-66	99	30	causality	causality	NOUN
emaj-66	99	31	of	of	ADP
emaj-66	99	32	movement	movement	NOUN
emaj-66	99	33	in	in	ADP
emaj-66	99	34	gold	gold	NOUN
emaj-66	99	35	prices	price	NOUN
emaj-66	99	36	and	and	CCONJ
emaj-66	99	37	foreign	foreign	ADJ
emaj-66	99	38	exchange	exchange	NOUN
emaj-66	99	39	rate	rate	NOUN
emaj-66	99	40	in	in	ADP
emaj-66	99	41	case	case	NOUN
emaj-66	99	42	of	of	ADP
emaj-66	99	43	prior	prior	ADJ
emaj-66	99	44	and	and	CCONJ
emaj-66	99	45	post	post	VERB
emaj-66	99	46	capital	capital	NOUN
emaj-66	99	47	account	account	NOUN
emaj-66	99	48	liberalization	liberalization	NOUN
emaj-66	99	49	in	in	ADP
emaj-66	99	50	south	south	PROPN
emaj-66	99	51	africa	africa	PROPN
emaj-66	99	52	.	.	PUNCT
emaj-66	100	1	the	the	DET
emaj-66	100	2	findings	finding	NOUN
emaj-66	100	3	of	of	ADP
emaj-66	100	4	the	the	DET
emaj-66	100	5	study	study	NOUN
emaj-66	100	6	indicated	indicate	VERB
emaj-66	100	7	that	that	SCONJ
emaj-66	100	8	the	the	DET
emaj-66	100	9	direction	direction	NOUN
emaj-66	100	10	of	of	ADP
emaj-66	100	11	causality	causality	NOUN
emaj-66	100	12	was	be	AUX
emaj-66	100	13	from	from	ADP
emaj-66	100	14	exchange	exchange	NOUN
emaj-66	100	15	value	value	NOUN
emaj-66	100	16	of	of	ADP
emaj-66	100	17	rand	rand	NOUN
emaj-66	100	18	to	to	ADP
emaj-66	100	19	gold	gold	NOUN
emaj-66	100	20	prices	price	NOUN
emaj-66	100	21	in	in	ADP
emaj-66	100	22	pre	pre	ADJ
emaj-66	100	23	libralization	libralization	NOUN
emaj-66	100	24	phase	phase	NOUN
emaj-66	100	25	.	.	PUNCT
emaj-66	101	1	however	however	ADV
emaj-66	101	2	,	,	PUNCT
emaj-66	101	3	the	the	DET
emaj-66	101	4	flow	flow	NOUN
emaj-66	101	5	of	of	ADP
emaj-66	101	6	causality	causality	NOUN
emaj-66	101	7	has	have	AUX
emaj-66	101	8	revered	revere	VERB
emaj-66	101	9	in	in	ADP
emaj-66	101	10	post	post	NOUN
emaj-66	101	11	libralization	libralization	NOUN
emaj-66	101	12	phase	phase	NOUN
emaj-66	101	13	.	.	PUNCT
emaj-66	102	1	iv	iv	X
emaj-66	102	2	.	.	PUNCT
emaj-66	102	3	objective	objective	NOUN
emaj-66	102	4	of	of	ADP
emaj-66	102	5	the	the	DET
emaj-66	102	6	study	study	NOUN
emaj-66	102	7	keeping	keeping	NOUN
emaj-66	102	8	in	in	ADP
emaj-66	102	9	mind	mind	NOUN
emaj-66	102	10	the	the	DET
emaj-66	102	11	review	review	NOUN
emaj-66	102	12	of	of	ADP
emaj-66	102	13	existing	exist	VERB
emaj-66	102	14	literature	literature	NOUN
emaj-66	102	15	,	,	PUNCT
emaj-66	102	16	the	the	DET
emaj-66	102	17	objective	objective	NOUN
emaj-66	102	18	of	of	ADP
emaj-66	102	19	the	the	DET
emaj-66	102	20	current	current	ADJ
emaj-66	102	21	study	study	NOUN
emaj-66	102	22	will	will	AUX
emaj-66	102	23	be	be	AUX
emaj-66	102	24	to	to	PART
emaj-66	102	25	understand	understand	VERB
emaj-66	102	26	the	the	DET
emaj-66	102	27	long	long	ADJ
emaj-66	102	28	term	term	NOUN
emaj-66	102	29	association	association	NOUN
emaj-66	102	30	and	and	CCONJ
emaj-66	102	31	the	the	DET
emaj-66	102	32	lead	lead	NOUN
emaj-66	102	33	lag	lag	NOUN
emaj-66	102	34	relationship	relationship	NOUN
emaj-66	102	35	between	between	ADP
emaj-66	102	36	the	the	DET
emaj-66	102	37	gold	gold	NOUN
emaj-66	102	38	prices	price	NOUN
emaj-66	102	39	and	and	CCONJ
emaj-66	102	40	exchange	exchange	NOUN
emaj-66	102	41	rate	rate	NOUN
emaj-66	102	42	of	of	ADP
emaj-66	102	43	us	us	PROPN
emaj-66	102	44	dollar	dollar	NOUN
emaj-66	102	45	in	in	ADP
emaj-66	102	46	indian	indian	ADJ
emaj-66	102	47	economy	economy	NOUN
emaj-66	102	48	in	in	ADP
emaj-66	102	49	three	three	NUM
emaj-66	102	50	phases	phase	NOUN
emaj-66	102	51	:	:	PUNCT
emaj-66	102	52	pre	pre	VERB
emaj-66	102	53	global	global	ADJ
emaj-66	102	54	financial	financial	ADJ
emaj-66	102	55	crisis	crisis	NOUN
emaj-66	102	56	,	,	PUNCT
emaj-66	102	57	during	during	ADP
emaj-66	102	58	global	global	ADJ
emaj-66	102	59	financial	financial	ADJ
emaj-66	102	60	crisis	crisis	NOUN
emaj-66	102	61	and	and	CCONJ
emaj-66	102	62	post	post	VERB
emaj-66	102	63	the	the	DET
emaj-66	102	64	financial	financial	ADJ
emaj-66	102	65	crisis	crisis	NOUN
emaj-66	102	66	.	.	PUNCT
emaj-66	103	1	if	if	SCONJ
emaj-66	103	2	the	the	DET
emaj-66	103	3	study	study	NOUN
emaj-66	103	4	is	be	AUX
emaj-66	103	5	able	able	ADJ
emaj-66	103	6	to	to	PART
emaj-66	103	7	statistically	statistically	ADV
emaj-66	103	8	prove	prove	VERB
emaj-66	103	9	the	the	DET
emaj-66	103	10	long	long	ADJ
emaj-66	103	11	term	term	NOUN
emaj-66	103	12	relationship	relationship	NOUN
emaj-66	103	13	between	between	ADP
emaj-66	103	14	the	the	DET
emaj-66	103	15	variables	variable	NOUN
emaj-66	103	16	under	under	ADP
emaj-66	103	17	study	study	NOUN
emaj-66	103	18	during	during	ADP
emaj-66	103	19	any	any	PRON
emaj-66	103	20	of	of	ADP
emaj-66	103	21	the	the	DET
emaj-66	103	22	three	three	NUM
emaj-66	103	23	phases	phase	NOUN
emaj-66	103	24	,	,	PUNCT
emaj-66	103	25	then	then	ADV
emaj-66	103	26	the	the	DET
emaj-66	103	27	study	study	NOUN
emaj-66	103	28	will	will	AUX
emaj-66	103	29	extend	extend	VERB
emaj-66	103	30	its	its	PRON
emaj-66	103	31	scope	scope	NOUN
emaj-66	103	32	to	to	PART
emaj-66	103	33	find	find	VERB
emaj-66	103	34	the	the	DET
emaj-66	103	35	lead	lead	NOUN
emaj-66	103	36	lag	lag	NOUN
emaj-66	103	37	relationship	relationship	NOUN
emaj-66	103	38	between	between	ADP
emaj-66	103	39	the	the	DET
emaj-66	103	40	two	two	NUM
emaj-66	103	41	variables	variable	NOUN
emaj-66	103	42	under	under	ADP
emaj-66	103	43	study	study	NOUN
emaj-66	103	44	.	.	PUNCT
emaj-66	104	1	v.	v.	ADP
emaj-66	104	2	data	datum	NOUN
emaj-66	104	3	collected	collect	VERB
emaj-66	104	4	the	the	DET
emaj-66	104	5	data	datum	NOUN
emaj-66	104	6	uses	use	VERB
emaj-66	104	7	spot	spot	NOUN
emaj-66	104	8	prices	price	NOUN
emaj-66	104	9	of	of	ADP
emaj-66	104	10	gold	gold	NOUN
emaj-66	104	11	which	which	PRON
emaj-66	104	12	are	be	AUX
emaj-66	104	13	collected	collect	VERB
emaj-66	104	14	from	from	ADP
emaj-66	104	15	the	the	DET
emaj-66	104	16	official	official	ADJ
emaj-66	104	17	website	website	NOUN
emaj-66	104	18	of	of	ADP
emaj-66	104	19	multi	multi	ADJ
emaj-66	104	20	commodity	commodity	NOUN
emaj-66	104	21	exchange	exchange	NOUN
emaj-66	104	22	limited	limit	VERB
emaj-66	104	23	(	(	PUNCT
emaj-66	104	24	mcx	mcx	PROPN
emaj-66	104	25	)	)	PUNCT
emaj-66	104	26	which	which	PRON
emaj-66	104	27	is	be	AUX
emaj-66	104	28	a	a	DET
emaj-66	104	29	leading	lead	VERB
emaj-66	104	30	commodity	commodity	NOUN
emaj-66	104	31	exchange	exchange	NOUN
emaj-66	104	32	for	for	ADP
emaj-66	104	33	metal	metal	NOUN
emaj-66	104	34	trade	trade	NOUN
emaj-66	104	35	in	in	ADP
emaj-66	104	36	india	india	PROPN
emaj-66	104	37	.	.	PUNCT
emaj-66	105	1	the	the	DET
emaj-66	105	2	second	second	ADJ
emaj-66	105	3	variable	variable	NOUN
emaj-66	105	4	used	use	VERB
emaj-66	105	5	is	be	AUX
emaj-66	105	6	the	the	DET
emaj-66	105	7	inrus	inrus	NOUN
emaj-66	105	8	dollar	dollar	NOUN
emaj-66	105	9	exchange	exchange	NOUN
emaj-66	105	10	rate	rate	NOUN
emaj-66	105	11	.	.	PUNCT
emaj-66	106	1	the	the	DET
emaj-66	106	2	exchange	exchange	NOUN
emaj-66	106	3	rate	rate	NOUN
emaj-66	106	4	data	datum	NOUN
emaj-66	106	5	is	be	AUX
emaj-66	106	6	collected	collect	VERB
emaj-66	106	7	from	from	ADP
emaj-66	106	8	the	the	DET
emaj-66	106	9	official	official	ADJ
emaj-66	106	10	website	website	NOUN
emaj-66	106	11	of	of	ADP
emaj-66	106	12	international	international	ADJ
emaj-66	106	13	monetary	monetary	ADJ
emaj-66	106	14	fund	fund	NOUN
emaj-66	106	15	(	(	PUNCT
emaj-66	106	16	imf	imf	PROPN
emaj-66	106	17	)	)	PUNCT
emaj-66	106	18	.	.	PUNCT
emaj-66	107	1	the	the	DET
emaj-66	107	2	period	period	NOUN
emaj-66	107	3	of	of	ADP
emaj-66	107	4	study	study	NOUN
emaj-66	107	5	is	be	AUX
emaj-66	107	6	divided	divide	VERB
emaj-66	107	7	in	in	ADP
emaj-66	107	8	three	three	NUM
emaj-66	107	9	phases	phase	NOUN
emaj-66	107	10	:	:	PUNCT
emaj-66	107	11	pre	pre	VERB
emaj-66	107	12	financial	financial	ADJ
emaj-66	107	13	crisis	crisis	NOUN
emaj-66	107	14	period	period	NOUN
emaj-66	107	15	1	1	NUM
emaj-66	107	16	january	january	PROPN
emaj-66	107	17	,	,	PUNCT
emaj-66	107	18	2005	2005	NUM
emaj-66	107	19	30	30	NUM
emaj-66	107	20	november	november	PROPN
emaj-66	107	21	,	,	PUNCT
emaj-66	107	22	2007	2007	NUM
emaj-66	107	23	during	during	ADP
emaj-66	107	24	financial	financial	ADJ
emaj-66	107	25	crisis	crisis	NOUN
emaj-66	107	26	period	period	NOUN
emaj-66	107	27	1	1	NUM
emaj-66	107	28	december	december	PROPN
emaj-66	107	29	,	,	PUNCT
emaj-66	107	30	2007	2007	NUM
emaj-66	107	31	–	–	PUNCT
emaj-66	107	32	30	30	NUM
emaj-66	107	33	june	june	NOUN
emaj-66	107	34	,	,	PUNCT
emaj-66	107	35	2009	2009	NUM
emaj-66	107	36	post	post	NOUN
emaj-66	107	37	financial	financial	ADJ
emaj-66	107	38	crisis	crisis	NOUN
emaj-66	107	39	period	period	NOUN
emaj-66	107	40	1	1	NUM
emaj-66	107	41	july	july	PROPN
emaj-66	107	42	,	,	PUNCT
emaj-66	107	43	2009	2009	NUM
emaj-66	107	44	–	–	PUNCT
emaj-66	107	45	31	31	NUM
emaj-66	107	46	december	december	PROPN
emaj-66	107	47	,	,	PUNCT
emaj-66	107	48	2013	2013	NUM
emaj-66	107	49	the	the	DET
emaj-66	107	50	period	period	NOUN
emaj-66	107	51	of	of	ADP
emaj-66	107	52	the	the	DET
emaj-66	107	53	study	study	NOUN
emaj-66	107	54	has	have	AUX
emaj-66	107	55	been	be	AUX
emaj-66	107	56	defined	define	VERB
emaj-66	107	57	after	after	ADP
emaj-66	107	58	the	the	DET
emaj-66	107	59	study	study	NOUN
emaj-66	107	60	of	of	ADP
emaj-66	107	61	course	course	NOUN
emaj-66	107	62	of	of	ADP
emaj-66	107	63	event	event	NOUN
emaj-66	107	64	for	for	ADP
emaj-66	107	65	global	global	ADJ
emaj-66	107	66	financial	financial	ADJ
emaj-66	107	67	crisis	crisis	NOUN
emaj-66	107	68	.	.	PUNCT
emaj-66	108	1	(	(	PUNCT
emaj-66	108	2	the	the	DET
emaj-66	108	3	economist	economist	NOUN
emaj-66	108	4	,	,	PUNCT
emaj-66	108	5	2013	2013	NUM
emaj-66	108	6	)	)	PUNCT
emaj-66	108	7	(	(	PUNCT
emaj-66	108	8	shah	shah	NOUN
emaj-66	108	9	,	,	PUNCT
emaj-66	108	10	2013	2013	NUM
emaj-66	108	11	)	)	PUNCT
emaj-66	108	12	(	(	PUNCT
emaj-66	108	13	elliot	elliot	NOUN
emaj-66	108	14	,	,	PUNCT
emaj-66	108	15	2011	2011	NUM
emaj-66	108	16	)	)	PUNCT
emaj-66	108	17	vi	vi	PROPN
emaj-66	108	18	.	.	NOUN
emaj-66	108	19	methodology	methodology	NOUN
emaj-66	108	20	the	the	DET
emaj-66	108	21	study	study	NOUN
emaj-66	108	22	will	will	AUX
emaj-66	108	23	use	use	VERB
emaj-66	108	24	the	the	DET
emaj-66	108	25	concept	concept	NOUN
emaj-66	108	26	of	of	ADP
emaj-66	108	27	co	co	NOUN
emaj-66	108	28	integration	integration	NOUN
emaj-66	108	29	to	to	PART
emaj-66	108	30	check	check	VERB
emaj-66	108	31	the	the	DET
emaj-66	108	32	long	long	ADJ
emaj-66	108	33	term	term	NOUN
emaj-66	108	34	association	association	NOUN
emaj-66	108	35	between	between	ADP
emaj-66	108	36	the	the	DET
emaj-66	108	37	variables	variable	NOUN
emaj-66	108	38	under	under	ADP
emaj-66	108	39	study	study	NOUN
emaj-66	108	40	.	.	PUNCT
emaj-66	109	1	the	the	DET
emaj-66	109	2	theory	theory	NOUN
emaj-66	109	3	of	of	ADP
emaj-66	109	4	co	co	NOUN
emaj-66	109	5	-	-	NOUN
emaj-66	109	6	integration	integration	NOUN
emaj-66	109	7	analysis	analysis	NOUN
emaj-66	109	8	states	state	VERB
emaj-66	109	9	that	that	SCONJ
emaj-66	109	10	there	there	PRON
emaj-66	109	11	may	may	AUX
emaj-66	109	12	be	be	AUX
emaj-66	109	13	co	co	ADJ
emaj-66	109	14	-	-	NOUN
emaj-66	109	15	integration	integration	NOUN
emaj-66	109	16	relationship	relationship	NOUN
emaj-66	109	17	between	between	ADP
emaj-66	109	18	the	the	DET
emaj-66	109	19	variables	variable	NOUN
emaj-66	109	20	involved	involve	VERB
emaj-66	109	21	if	if	SCONJ
emaj-66	109	22	they	they	PRON
emaj-66	109	23	are	be	AUX
emaj-66	109	24	integrated	integrate	VERB
emaj-66	109	25	of	of	ADP
emaj-66	109	26	the	the	DET
emaj-66	109	27	same	same	ADJ
emaj-66	109	28	order	order	NOUN
emaj-66	109	29	.	.	PUNCT
emaj-66	110	1	more	more	ADV
emaj-66	110	2	generally	generally	ADV
emaj-66	110	3	and	and	CCONJ
emaj-66	110	4	are	be	AUX
emaj-66	110	5	said	say	VERB
emaj-66	110	6	to	to	PART
emaj-66	110	7	be	be	AUX
emaj-66	110	8	co	co	VERB
emaj-66	110	9	-	-	VERB
emaj-66	110	10	integrated	integrate	VERB
emaj-66	110	11	of	of	ADP
emaj-66	110	12	order	order	NOUN
emaj-66	110	13	ci	ci	NOUN
emaj-66	110	14	(	(	PUNCT
emaj-66	110	15	d	d	PROPN
emaj-66	110	16	,	,	PUNCT
emaj-66	110	17	p	p	NOUN
emaj-66	110	18	)	)	PUNCT
emaj-66	110	19	if	if	SCONJ
emaj-66	110	20	and	and	CCONJ
emaj-66	110	21	are	be	AUX
emaj-66	110	22	both	both	PRON
emaj-66	110	23	integrated	integrate	VERB
emaj-66	110	24	of	of	ADP
emaj-66	110	25	order	order	NOUN
emaj-66	110	26	d	d	NOUN
emaj-66	110	27	;	;	PUNCT
emaj-66	110	28	but	but	CCONJ
emaj-66	110	29	there	there	PRON
emaj-66	110	30	exist	exist	VERB
emaj-66	110	31	a	a	DET
emaj-66	110	32	α	α	NOUN
emaj-66	110	33	such	such	ADJ
emaj-66	110	34	that	that	PRON
emaj-66	110	35	is	be	AUX
emaj-66	110	36	integrated	integrate	VERB
emaj-66	110	37	of	of	ADP
emaj-66	110	38	order	order	NOUN
emaj-66	110	39	d	d	PROPN
emaj-66	110	40	p.	p.	NOUN
emaj-66	110	41	in	in	ADP
emaj-66	110	42	other	other	ADJ
emaj-66	110	43	words	word	NOUN
emaj-66	110	44	,	,	PUNCT
emaj-66	110	45	the	the	DET
emaj-66	110	46	non	non	ADJ
emaj-66	110	47	stationary	stationary	ADJ
emaj-66	110	48	time	time	NOUN
emaj-66	110	49	series	series	PROPN
emaj-66	110	50	are	be	AUX
emaj-66	110	51	co	co	AUX
emaj-66	110	52	integrated	integrate	VERB
emaj-66	110	53	if	if	SCONJ
emaj-66	110	54	there	there	PRON
emaj-66	110	55	is	be	VERB
emaj-66	110	56	a	a	DET
emaj-66	110	57	linear	linear	ADJ
emaj-66	110	58	combination	combination	NOUN
emaj-66	110	59	of	of	ADP
emaj-66	110	60	that	that	PRON
emaj-66	110	61	is	be	AUX
emaj-66	110	62	stationary	stationary	ADJ
emaj-66	110	63	.	.	PUNCT
emaj-66	111	1	the	the	DET
emaj-66	111	2	proposed	propose	VERB
emaj-66	111	3	study	study	NOUN
emaj-66	111	4	uses	use	VERB
emaj-66	111	5	the	the	DET
emaj-66	111	6	johansen	johansen	PROPN
emaj-66	111	7	co	co	PROPN
emaj-66	111	8	integration	integration	PROPN
emaj-66	111	9	test	test	NOUN
emaj-66	111	10	(	(	PUNCT
emaj-66	111	11	johansen	johansen	PROPN
emaj-66	111	12	,	,	PUNCT
emaj-66	111	13	1988	1988	NUM
emaj-66	111	14	)	)	PUNCT
emaj-66	111	15	based	base	VERB
emaj-66	111	16	on	on	ADP
emaj-66	111	17	vector	vector	NOUN
emaj-66	111	18	auto	auto	NOUN
emaj-66	111	19	regression	regression	NOUN
emaj-66	111	20	(	(	PUNCT
emaj-66	111	21	var	var	NOUN
emaj-66	111	22	)	)	PUNCT
emaj-66	111	23	to	to	PART
emaj-66	111	24	study	study	VERB
emaj-66	111	25	the	the	DET
emaj-66	111	26	long	long	ADJ
emaj-66	111	27	term	term	NOUN
emaj-66	111	28	association	association	NOUN
emaj-66	111	29	between	between	ADP
emaj-66	111	30	the	the	DET
emaj-66	111	31	two	two	NUM
emaj-66	111	32	variables	variable	NOUN
emaj-66	111	33	.	.	PUNCT
emaj-66	112	1	the	the	DET
emaj-66	112	2	johansen	johansen	PROPN
emaj-66	112	3	co	co	PROPN
emaj-66	112	4	-	-	NOUN
emaj-66	112	5	integration	integration	NOUN
emaj-66	112	6	test	test	NOUN
emaj-66	112	7	is	be	AUX
emaj-66	112	8	based	base	VERB
emaj-66	112	9	on	on	ADP
emaj-66	112	10	a	a	DET
emaj-66	112	11	var	var	NOUN
emaj-66	112	12	approach	approach	NOUN
emaj-66	112	13	to	to	ADP
emaj-66	112	14	co	co	NOUN
emaj-66	112	15	-	-	NOUN
emaj-66	112	16	integration	integration	NOUN
emaj-66	112	17	where	where	SCONJ
emaj-66	112	18	it	it	PRON
emaj-66	112	19	is	be	AUX
emaj-66	112	20	possible	possible	ADJ
emaj-66	112	21	to	to	PART
emaj-66	112	22	include	include	VERB
emaj-66	112	23	the	the	DET
emaj-66	112	24	endogenous	endogenous	ADJ
emaj-66	112	25	and	and	CCONJ
emaj-66	112	26	exogenous	exogenous	ADJ
emaj-66	112	27	variables	variable	NOUN
emaj-66	112	28	.	.	PUNCT
emaj-66	113	1	the	the	DET
emaj-66	113	2	test	test	NOUN
emaj-66	113	3	relies	rely	VERB
emaj-66	113	4	on	on	ADP
emaj-66	113	5	the	the	DET
emaj-66	113	6	relationship	relationship	NOUN
emaj-66	113	7	between	between	ADP
emaj-66	113	8	rank	rank	NOUN
emaj-66	113	9	of	of	ADP
emaj-66	113	10	a	a	DET
emaj-66	113	11	matrix	matrix	NOUN
emaj-66	113	12	and	and	CCONJ
emaj-66	113	13	its	its	PRON
emaj-66	113	14	eigen	eigen	PROPN
emaj-66	113	15	values	value	NOUN
emaj-66	113	16	or	or	CCONJ
emaj-66	113	17	characteristic	characteristic	ADJ
emaj-66	113	18	roots	root	NOUN
emaj-66	113	19	.	.	PUNCT
emaj-66	114	1	volume	volume	NOUN
emaj-66	114	2	5	5	NUM
emaj-66	114	3	no	no	DET
emaj-66	114	4	1	1	NUM
emaj-66	114	5	(	(	PUNCT
emaj-66	114	6	2015	2015	NUM
emaj-66	114	7	)	)	PUNCT
emaj-66	114	8	|	|	ADV
emaj-66	114	9	issn	issn	VERB
emaj-66	114	10	2158	2158	NUM
emaj-66	114	11	-	-	SYM
emaj-66	114	12	8708	8708	NUM
emaj-66	114	13	(	(	PUNCT
emaj-66	114	14	online	online	NOUN
emaj-66	114	15	)	)	PUNCT
emaj-66	114	16	|	|	ADV
emaj-66	114	17	doi	doi	X
emaj-66	114	18	10.5195	10.5195	NUM
emaj-66	114	19	/	/	SYM
emaj-66	114	20	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	115	1	|	|	ADV
emaj-66	115	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	115	3	the	the	DET
emaj-66	115	4	relationship	relationship	NOUN
emaj-66	115	5	between	between	ADP
emaj-66	115	6	gold	gold	NOUN
emaj-66	115	7	prices	price	NOUN
emaj-66	115	8	and	and	CCONJ
emaj-66	115	9	exchange	exchange	NOUN
emaj-66	115	10	value	value	NOUN
emaj-66	115	11	of	of	ADP
emaj-66	115	12	us	us	PROPN
emaj-66	115	13	dollar	dollar	NOUN
emaj-66	115	14	in	in	ADP
emaj-66	115	15	india	india	PROPN
emaj-66	115	16	page	page	NOUN
emaj-66	115	17	|20|	|20|	NOUN
emaj-66	115	18	emerging	emerge	VERB
emaj-66	115	19	markets	market	NOUN
emaj-66	115	20	journal	journal	NOUN
emaj-66	115	21	let	let	VERB
emaj-66	115	22	,	,	PUNCT
emaj-66	115	23	where	where	SCONJ
emaj-66	115	24	,	,	PUNCT
emaj-66	115	25	g	g	PROPN
emaj-66	115	26	x	x	SYM
emaj-66	115	27	1	1	NUM
emaj-66	115	28	vectors	vector	NOUN
emaj-66	115	29	is	be	AUX
emaj-66	115	30	a	a	DET
emaj-66	115	31	g	g	NOUN
emaj-66	115	32	x	x	SYM
emaj-66	115	33	g	g	NOUN
emaj-66	115	34	matrix	matrix	NOUN
emaj-66	115	35	of	of	ADP
emaj-66	115	36	parameters	parameter	NOUN
emaj-66	116	1	i	i	PRON
emaj-66	116	2	=	=	PUNCT
emaj-66	116	3	is	be	AUX
emaj-66	116	4	a	a	DET
emaj-66	116	5	g	g	NOUN
emaj-66	116	6	x	x	SYM
emaj-66	116	7	g	g	NOUN
emaj-66	116	8	identity	identity	NOUN
emaj-66	116	9	matrix	matrix	NOUN
emaj-66	116	10	the	the	DET
emaj-66	116	11	rank	rank	NOUN
emaj-66	116	12	of	of	ADP
emaj-66	116	13	π	π	PROPN
emaj-66	116	14	equals	equal	VERB
emaj-66	116	15	the	the	DET
emaj-66	116	16	number	number	NOUN
emaj-66	116	17	of	of	ADP
emaj-66	116	18	co	co	ADJ
emaj-66	116	19	-	-	ADJ
emaj-66	116	20	integrating	integrating	ADJ
emaj-66	116	21	vectors	vector	NOUN
emaj-66	116	22	.	.	PUNCT
emaj-66	117	1	if	if	SCONJ
emaj-66	117	2	π	π	PROPN
emaj-66	117	3	consists	consist	VERB
emaj-66	117	4	of	of	ADP
emaj-66	117	5	all	all	DET
emaj-66	117	6	zeros	zero	NOUN
emaj-66	117	7	,	,	PUNCT
emaj-66	117	8	the	the	DET
emaj-66	117	9	rank	rank	NOUN
emaj-66	117	10	of	of	ADP
emaj-66	117	11	the	the	DET
emaj-66	117	12	matrix	matrix	NOUN
emaj-66	117	13	equals	equal	VERB
emaj-66	117	14	zero	zero	NUM
emaj-66	117	15	,	,	PUNCT
emaj-66	117	16	all	all	PRON
emaj-66	117	17	of	of	ADP
emaj-66	117	18	the	the	DET
emaj-66	117	19	xs	xs	PROPN
emaj-66	117	20	are	be	AUX
emaj-66	117	21	unit	unit	NOUN
emaj-66	117	22	root	root	NOUN
emaj-66	117	23	processes	process	NOUN
emaj-66	117	24	,	,	PUNCT
emaj-66	117	25	implying	imply	VERB
emaj-66	117	26	the	the	DET
emaj-66	117	27	variables	variable	NOUN
emaj-66	117	28	are	be	AUX
emaj-66	117	29	not	not	PART
emaj-66	117	30	co	co	ADJ
emaj-66	117	31	-	-	VERB
emaj-66	117	32	integrated	integrated	ADJ
emaj-66	117	33	(	(	PUNCT
emaj-66	117	34	johansen	johansen	PROPN
emaj-66	117	35	,	,	PUNCT
emaj-66	117	36	1988	1988	NUM
emaj-66	117	37	)	)	PUNCT
emaj-66	117	38	.	.	PUNCT
emaj-66	118	1	the	the	DET
emaj-66	118	2	precondition	precondition	NOUN
emaj-66	118	3	of	of	ADP
emaj-66	118	4	co	co	NOUN
emaj-66	118	5	-	-	NOUN
emaj-66	118	6	integration	integration	NOUN
emaj-66	118	7	test	test	NOUN
emaj-66	118	8	is	be	AUX
emaj-66	118	9	that	that	SCONJ
emaj-66	118	10	time	time	NOUN
emaj-66	118	11	series	series	PROPN
emaj-66	118	12	need	need	VERB
emaj-66	118	13	to	to	PART
emaj-66	118	14	be	be	AUX
emaj-66	118	15	integrated	integrate	VERB
emaj-66	118	16	of	of	ADP
emaj-66	118	17	same	same	ADJ
emaj-66	118	18	order	order	NOUN
emaj-66	118	19	.	.	PUNCT
emaj-66	119	1	this	this	PRON
emaj-66	119	2	means	mean	VERB
emaj-66	119	3	that	that	SCONJ
emaj-66	119	4	the	the	DET
emaj-66	119	5	series	series	NOUN
emaj-66	119	6	need	need	VERB
emaj-66	119	7	to	to	PART
emaj-66	119	8	be	be	AUX
emaj-66	119	9	stationary	stationary	ADJ
emaj-66	119	10	at	at	ADP
emaj-66	119	11	the	the	DET
emaj-66	119	12	same	same	ADJ
emaj-66	119	13	lag	lag	NOUN
emaj-66	119	14	value	value	NOUN
emaj-66	119	15	.	.	PUNCT
emaj-66	120	1	so	so	ADV
emaj-66	120	2	,	,	PUNCT
emaj-66	120	3	to	to	PART
emaj-66	120	4	find	find	VERB
emaj-66	120	5	the	the	DET
emaj-66	120	6	stationary	stationary	NOUN
emaj-66	120	7	of	of	ADP
emaj-66	120	8	series	series	NOUN
emaj-66	120	9	and	and	CCONJ
emaj-66	120	10	we	we	PRON
emaj-66	120	11	first	first	ADV
emaj-66	120	12	carried	carry	VERB
emaj-66	120	13	out	out	ADP
emaj-66	120	14	the	the	DET
emaj-66	120	15	unit	unit	NOUN
emaj-66	120	16	root	root	NOUN
emaj-66	120	17	test	test	NOUN
emaj-66	120	18	on	on	ADP
emaj-66	120	19	time	time	NOUN
emaj-66	120	20	series	series	NOUN
emaj-66	120	21	of	of	ADP
emaj-66	120	22	logarithmic	logarithmic	ADJ
emaj-66	120	23	price	price	NOUN
emaj-66	120	24	of	of	ADP
emaj-66	120	25	exchange	exchange	NOUN
emaj-66	120	26	rates	rate	NOUN
emaj-66	120	27	.	.	PUNCT
emaj-66	121	1	a	a	DET
emaj-66	121	2	stationary	stationary	ADJ
emaj-66	121	3	time	time	NOUN
emaj-66	121	4	series	series	NOUN
emaj-66	121	5	will	will	AUX
emaj-66	121	6	have	have	VERB
emaj-66	121	7	constant	constant	ADJ
emaj-66	121	8	statistical	statistical	ADJ
emaj-66	121	9	properties	property	NOUN
emaj-66	121	10	.	.	PUNCT
emaj-66	122	1	in	in	ADP
emaj-66	122	2	other	other	ADJ
emaj-66	122	3	words	word	NOUN
emaj-66	122	4	,	,	PUNCT
emaj-66	122	5	the	the	DET
emaj-66	122	6	statistical	statistical	ADJ
emaj-66	122	7	properties	property	NOUN
emaj-66	122	8	such	such	ADJ
emaj-66	122	9	as	as	ADP
emaj-66	122	10	mean	mean	ADJ
emaj-66	122	11	,	,	PUNCT
emaj-66	122	12	variance	variance	NOUN
emaj-66	122	13	,	,	PUNCT
emaj-66	122	14	autocorrelation	autocorrelation	NOUN
emaj-66	122	15	,	,	PUNCT
emaj-66	122	16	etc	etc	X
emaj-66	122	17	.	.	X
emaj-66	122	18	of	of	ADP
emaj-66	122	19	a	a	DET
emaj-66	122	20	time	time	NOUN
emaj-66	122	21	are	be	AUX
emaj-66	122	22	all	all	ADV
emaj-66	122	23	constant	constant	ADJ
emaj-66	122	24	over	over	ADP
emaj-66	122	25	time	time	NOUN
emaj-66	122	26	for	for	ADP
emaj-66	122	27	a	a	DET
emaj-66	122	28	stationary	stationary	ADJ
emaj-66	122	29	series	series	NOUN
emaj-66	122	30	.	.	PUNCT
emaj-66	123	1	such	such	DET
emaj-66	123	2	a	a	DET
emaj-66	123	3	series	series	NOUN
emaj-66	123	4	is	be	AUX
emaj-66	123	5	relatively	relatively	ADV
emaj-66	123	6	easy	easy	ADJ
emaj-66	123	7	to	to	PART
emaj-66	123	8	predict	predict	VERB
emaj-66	123	9	and	and	CCONJ
emaj-66	123	10	analyze	analyze	VERB
emaj-66	123	11	.	.	PUNCT
emaj-66	124	1	to	to	PART
emaj-66	124	2	achieve	achieve	VERB
emaj-66	124	3	staionarity	staionarity	NOUN
emaj-66	124	4	,	,	PUNCT
emaj-66	124	5	if	if	SCONJ
emaj-66	124	6	a	a	DET
emaj-66	124	7	stochastic	stochastic	ADJ
emaj-66	124	8	process	process	NOUN
emaj-66	124	9	needs	need	VERB
emaj-66	124	10	to	to	PART
emaj-66	124	11	be	be	AUX
emaj-66	124	12	differenced	difference	VERB
emaj-66	124	13	i	i	PRON
emaj-66	124	14	times	time	NOUN
emaj-66	124	15	,	,	PUNCT
emaj-66	124	16	the	the	DET
emaj-66	124	17	process	process	NOUN
emaj-66	124	18	is	be	AUX
emaj-66	124	19	said	say	VERB
emaj-66	124	20	to	to	PART
emaj-66	124	21	be	be	AUX
emaj-66	124	22	integrated	integrate	VERB
emaj-66	124	23	of	of	ADP
emaj-66	124	24	order	order	NOUN
emaj-66	124	25	i	i	PRON
emaj-66	124	26	,	,	PUNCT
emaj-66	124	27	and	and	CCONJ
emaj-66	124	28	is	be	AUX
emaj-66	124	29	abbreviated	abbreviate	VERB
emaj-66	124	30	as	as	ADP
emaj-66	124	31	(	(	PUNCT
emaj-66	124	32	i	i	NOUN
emaj-66	124	33	)	)	PUNCT
emaj-66	124	34	.	.	PUNCT
emaj-66	125	1	the	the	DET
emaj-66	125	2	statistical	statistical	ADJ
emaj-66	125	3	properties	property	NOUN
emaj-66	125	4	will	will	AUX
emaj-66	125	5	be	be	AUX
emaj-66	125	6	useful	useful	ADJ
emaj-66	125	7	for	for	ADP
emaj-66	125	8	future	future	ADJ
emaj-66	125	9	study	study	NOUN
emaj-66	125	10	only	only	ADV
emaj-66	125	11	if	if	SCONJ
emaj-66	125	12	series	series	NOUN
emaj-66	125	13	is	be	AUX
emaj-66	125	14	stationary	stationary	ADJ
emaj-66	125	15	.	.	PUNCT
emaj-66	126	1	for	for	ADP
emaj-66	126	2	example	example	NOUN
emaj-66	126	3	,	,	PUNCT
emaj-66	126	4	for	for	ADP
emaj-66	126	5	a	a	DET
emaj-66	126	6	non	non	ADJ
emaj-66	126	7	stationary	stationary	NOUN
emaj-66	126	8	increasing	increase	VERB
emaj-66	126	9	or	or	CCONJ
emaj-66	126	10	decreasing	decrease	VERB
emaj-66	126	11	series	series	NOUN
emaj-66	126	12	,	,	PUNCT
emaj-66	126	13	the	the	DET
emaj-66	126	14	sample	sample	NOUN
emaj-66	126	15	mean	mean	VERB
emaj-66	126	16	or	or	CCONJ
emaj-66	126	17	any	any	DET
emaj-66	126	18	statistical	statistical	ADJ
emaj-66	126	19	measure	measure	NOUN
emaj-66	126	20	will	will	AUX
emaj-66	126	21	be	be	AUX
emaj-66	126	22	either	either	CCONJ
emaj-66	126	23	underestimated	underestimate	VERB
emaj-66	126	24	or	or	CCONJ
emaj-66	126	25	overestimated	overestimate	VERB
emaj-66	126	26	.	.	PUNCT
emaj-66	127	1	this	this	PRON
emaj-66	127	2	will	will	AUX
emaj-66	127	3	mean	mean	VERB
emaj-66	127	4	the	the	DET
emaj-66	127	5	models	model	NOUN
emaj-66	127	6	proposed	propose	VERB
emaj-66	127	7	on	on	ADP
emaj-66	127	8	the	the	DET
emaj-66	127	9	statistical	statistical	ADJ
emaj-66	127	10	measure	measure	NOUN
emaj-66	127	11	will	will	AUX
emaj-66	127	12	be	be	AUX
emaj-66	127	13	inefficient	inefficient	ADJ
emaj-66	127	14	.	.	PUNCT
emaj-66	128	1	hence	hence	ADV
emaj-66	128	2	,	,	PUNCT
emaj-66	128	3	it	it	PRON
emaj-66	128	4	is	be	AUX
emaj-66	128	5	required	require	VERB
emaj-66	128	6	to	to	PART
emaj-66	128	7	make	make	VERB
emaj-66	128	8	the	the	DET
emaj-66	128	9	data	datum	NOUN
emaj-66	128	10	stationary	stationary	ADV
emaj-66	128	11	before	before	SCONJ
emaj-66	128	12	we	we	PRON
emaj-66	128	13	proceed	proceed	VERB
emaj-66	128	14	with	with	ADP
emaj-66	128	15	the	the	DET
emaj-66	128	16	test	test	NOUN
emaj-66	128	17	.	.	PUNCT
emaj-66	129	1	the	the	DET
emaj-66	129	2	most	most	ADV
emaj-66	129	3	commonly	commonly	ADV
emaj-66	129	4	used	use	VERB
emaj-66	129	5	methods	method	NOUN
emaj-66	129	6	of	of	ADP
emaj-66	129	7	unit	unit	NOUN
emaj-66	129	8	root	root	NOUN
emaj-66	129	9	test	test	NOUN
emaj-66	129	10	is	be	AUX
emaj-66	129	11	augmented	augment	VERB
emaj-66	129	12	dickey	dickey	PROPN
emaj-66	129	13	fuller	full	ADJ
emaj-66	129	14	test	test	NOUN
emaj-66	129	15	.	.	PUNCT
emaj-66	130	1	the	the	DET
emaj-66	130	2	adf	adf	PROPN
emaj-66	130	3	test	test	NOUN
emaj-66	130	4	relies	rely	VERB
emaj-66	130	5	on	on	ADP
emaj-66	130	6	a	a	DET
emaj-66	130	7	parametric	parametric	ADJ
emaj-66	130	8	transformation	transformation	NOUN
emaj-66	130	9	of	of	ADP
emaj-66	130	10	the	the	DET
emaj-66	130	11	model	model	NOUN
emaj-66	130	12	that	that	PRON
emaj-66	130	13	eliminates	eliminate	VERB
emaj-66	130	14	the	the	DET
emaj-66	130	15	serial	serial	ADJ
emaj-66	130	16	correlation	correlation	NOUN
emaj-66	130	17	in	in	ADP
emaj-66	130	18	the	the	DET
emaj-66	130	19	error	error	NOUN
emaj-66	130	20	term	term	NOUN
emaj-66	130	21	.	.	PUNCT
emaj-66	131	1	this	this	DET
emaj-66	131	2	test	test	NOUN
emaj-66	131	3	is	be	AUX
emaj-66	131	4	conducted	conduct	VERB
emaj-66	131	5	by	by	ADP
emaj-66	131	6	“	"	PUNCT
emaj-66	131	7	augmenting	augment	VERB
emaj-66	131	8	”	"	PUNCT
emaj-66	131	9	the	the	DET
emaj-66	131	10	preceding	precede	VERB
emaj-66	131	11	three	three	NUM
emaj-66	131	12	equations	equation	NOUN
emaj-66	131	13	by	by	ADP
emaj-66	131	14	adding	add	VERB
emaj-66	131	15	the	the	DET
emaj-66	131	16	lagged	lag	VERB
emaj-66	131	17	values	value	NOUN
emaj-66	131	18	of	of	ADP
emaj-66	131	19	the	the	DET
emaj-66	131	20	dependent	dependent	ADJ
emaj-66	131	21	variable	variable	NOUN
emaj-66	131	22	.	.	PUNCT
emaj-66	132	1	the	the	DET
emaj-66	132	2	augmented	augment	VERB
emaj-66	132	3	dickey	dickey	PROPN
emaj-66	132	4	fuller	full	ADJ
emaj-66	132	5	test	test	NOUN
emaj-66	132	6	(	(	PUNCT
emaj-66	132	7	adf	adf	NOUN
emaj-66	132	8	test	test	NOUN
emaj-66	132	9	)	)	PUNCT
emaj-66	132	10	was	be	AUX
emaj-66	132	11	proposed	propose	VERB
emaj-66	132	12	by	by	ADP
emaj-66	132	13	(	(	PUNCT
emaj-66	132	14	dickey	dickey	PROPN
emaj-66	132	15	&	&	CCONJ
emaj-66	132	16	fuller	full	ADJ
emaj-66	132	17	,	,	PUNCT
emaj-66	132	18	1979	1979	NUM
emaj-66	132	19	)	)	PUNCT
emaj-66	132	20	.	.	PUNCT
emaj-66	133	1	the	the	DET
emaj-66	133	2	test	test	NOUN
emaj-66	133	3	indicated	indicate	VERB
emaj-66	133	4	that	that	SCONJ
emaj-66	133	5	under	under	ADP
emaj-66	133	6	the	the	DET
emaj-66	133	7	null	null	ADJ
emaj-66	133	8	hypothesis	hypothesis	NOUN
emaj-66	133	9	of	of	ADP
emaj-66	133	10	unit	unit	NOUN
emaj-66	133	11	root	root	NOUN
emaj-66	133	12	(	(	PUNCT
emaj-66	133	13	non	non	X
emaj-66	133	14	stationary	stationary	NOUN
emaj-66	133	15	of	of	ADP
emaj-66	133	16	data	datum	NOUN
emaj-66	133	17	)	)	PUNCT
emaj-66	133	18	,	,	PUNCT
emaj-66	133	19	the	the	DET
emaj-66	133	20	calculated	calculated	ADJ
emaj-66	133	21	statistics	statistic	NOUN
emaj-66	133	22	(	(	PUNCT
emaj-66	133	23	)	)	PUNCT
emaj-66	133	24	does	do	AUX
emaj-66	133	25	not	not	PART
emaj-66	133	26	follow	follow	VERB
emaj-66	133	27	the	the	DET
emaj-66	133	28	student	student	NOUN
emaj-66	133	29	’s	’s	PART
emaj-66	133	30	t	t	NOUN
emaj-66	133	31	distribution	distribution	NOUN
emaj-66	133	32	.	.	PUNCT
emaj-66	134	1	the	the	DET
emaj-66	134	2	statistics	statistic	NOUN
emaj-66	134	3	is	be	AUX
emaj-66	134	4	calculated	calculate	VERB
emaj-66	134	5	from	from	ADP
emaj-66	134	6	the	the	DET
emaj-66	134	7	following	follow	VERB
emaj-66	134	8	equation	equation	NOUN
emaj-66	134	9	:	:	PUNCT
emaj-66	134	10	and	and	CCONJ
emaj-66	134	11	,	,	PUNCT
emaj-66	134	12	where	where	SCONJ
emaj-66	134	13	,	,	PUNCT
emaj-66	134	14	is	be	AUX
emaj-66	134	15	the	the	DET
emaj-66	134	16	estimate	estimate	NOUN
emaj-66	134	17	of	of	ADP
emaj-66	134	18	,	,	PUNCT
emaj-66	134	19	and	and	CCONJ
emaj-66	134	20	is	be	AUX
emaj-66	134	21	the	the	DET
emaj-66	134	22	coefficient	coefficient	NOUN
emaj-66	134	23	standard	standard	ADJ
emaj-66	134	24	error	error	NOUN
emaj-66	134	25	.	.	PUNCT
emaj-66	135	1	we	we	PRON
emaj-66	135	2	further	far	ADV
emaj-66	135	3	use	use	VERB
emaj-66	135	4	tstatistics	tstatistic	NOUN
emaj-66	135	5	to	to	PART
emaj-66	135	6	know	know	VERB
emaj-66	135	7	if	if	SCONJ
emaj-66	135	8	our	our	PRON
emaj-66	135	9	results	result	NOUN
emaj-66	135	10	are	be	AUX
emaj-66	135	11	significant	significant	ADJ
emaj-66	135	12	or	or	CCONJ
emaj-66	135	13	not	not	PART
emaj-66	135	14	at	at	ADP
emaj-66	135	15	various	various	ADJ
emaj-66	135	16	levels	level	NOUN
emaj-66	135	17	.	.	PUNCT
emaj-66	136	1	the	the	DET
emaj-66	136	2	model	model	NOUN
emaj-66	136	3	uses	use	VERB
emaj-66	136	4	various	various	ADJ
emaj-66	136	5	lag	lag	NOUN
emaj-66	136	6	levels	level	NOUN
emaj-66	136	7	till	till	SCONJ
emaj-66	136	8	the	the	DET
emaj-66	136	9	error	error	NOUN
emaj-66	136	10	component	component	NOUN
emaj-66	136	11	is	be	AUX
emaj-66	136	12	uncorrelated	uncorrelate	VERB
emaj-66	136	13	.	.	PUNCT
emaj-66	137	1	the	the	DET
emaj-66	137	2	lead	lead	NOUN
emaj-66	137	3	lag	lag	NOUN
emaj-66	137	4	relationship	relationship	NOUN
emaj-66	137	5	between	between	ADP
emaj-66	137	6	the	the	DET
emaj-66	137	7	spot	spot	NOUN
emaj-66	137	8	and	and	CCONJ
emaj-66	137	9	future	future	ADJ
emaj-66	137	10	market	market	NOUN
emaj-66	137	11	will	will	AUX
emaj-66	137	12	be	be	AUX
emaj-66	137	13	treated	treat	VERB
emaj-66	137	14	with	with	ADP
emaj-66	137	15	the	the	DET
emaj-66	137	16	help	help	NOUN
emaj-66	137	17	of	of	ADP
emaj-66	137	18	granger	granger	PROPN
emaj-66	137	19	causality	causality	PROPN
emaj-66	137	20	test	test	NOUN
emaj-66	137	21	(	(	PUNCT
emaj-66	137	22	granger	granger	NOUN
emaj-66	137	23	,	,	PUNCT
emaj-66	137	24	1969	1969	NUM
emaj-66	137	25	)	)	PUNCT
emaj-66	137	26	.	.	PUNCT
emaj-66	138	1	it	it	PRON
emaj-66	138	2	is	be	AUX
emaj-66	138	3	to	to	PART
emaj-66	138	4	be	be	AUX
emaj-66	138	5	noted	note	VERB
emaj-66	138	6	that	that	SCONJ
emaj-66	138	7	although	although	SCONJ
emaj-66	138	8	regression	regression	NOUN
emaj-66	138	9	analysis	analysis	NOUN
emaj-66	138	10	deals	deal	NOUN
emaj-66	138	11	with	with	ADP
emaj-66	138	12	the	the	DET
emaj-66	138	13	dependence	dependence	NOUN
emaj-66	138	14	of	of	ADP
emaj-66	138	15	one	one	NUM
emaj-66	138	16	variable	variable	NOUN
emaj-66	138	17	on	on	ADP
emaj-66	138	18	the	the	DET
emaj-66	138	19	other	other	ADJ
emaj-66	138	20	but	but	CCONJ
emaj-66	138	21	it	it	PRON
emaj-66	138	22	does	do	AUX
emaj-66	138	23	not	not	PART
emaj-66	138	24	provide	provide	VERB
emaj-66	138	25	any	any	DET
emaj-66	138	26	evidence	evidence	NOUN
emaj-66	138	27	that	that	SCONJ
emaj-66	138	28	if	if	SCONJ
emaj-66	138	29	there	there	PRON
emaj-66	138	30	is	be	VERB
emaj-66	138	31	any	any	DET
emaj-66	138	32	causal	causal	ADJ
emaj-66	138	33	relationship	relationship	NOUN
emaj-66	138	34	between	between	ADP
emaj-66	138	35	the	the	DET
emaj-66	138	36	variables	variable	NOUN
emaj-66	138	37	under	under	ADP
emaj-66	138	38	study	study	NOUN
emaj-66	138	39	.	.	PUNCT
emaj-66	139	1	in	in	ADP
emaj-66	139	2	other	other	ADJ
emaj-66	139	3	words	word	NOUN
emaj-66	139	4	,	,	PUNCT
emaj-66	139	5	we	we	PRON
emaj-66	139	6	fail	fail	VERB
emaj-66	139	7	to	to	PART
emaj-66	139	8	know	know	VERB
emaj-66	139	9	if	if	SCONJ
emaj-66	139	10	any	any	DET
emaj-66	139	11	variable	variable	NOUN
emaj-66	139	12	is	be	AUX
emaj-66	139	13	causing	cause	VERB
emaj-66	139	14	the	the	DET
emaj-66	139	15	other	other	ADJ
emaj-66	139	16	variable	variable	NOUN
emaj-66	139	17	or	or	CCONJ
emaj-66	139	18	both	both	PRON
emaj-66	139	19	of	of	ADP
emaj-66	139	20	the	the	DET
emaj-66	139	21	variables	variable	NOUN
emaj-66	139	22	under	under	ADP
emaj-66	139	23	study	study	NOUN
emaj-66	139	24	are	be	AUX
emaj-66	139	25	causing	cause	VERB
emaj-66	139	26	each	each	DET
emaj-66	139	27	other	other	ADJ
emaj-66	139	28	.	.	PUNCT
emaj-66	140	1	hence	hence	ADV
emaj-66	140	2	,	,	PUNCT
emaj-66	140	3	the	the	DET
emaj-66	140	4	granger	granger	PROPN
emaj-66	140	5	causality	causality	PROPN
emaj-66	140	6	test	test	NOUN
emaj-66	140	7	is	be	AUX
emaj-66	140	8	a	a	DET
emaj-66	140	9	step	step	NOUN
emaj-66	140	10	ahead	ahead	ADV
emaj-66	140	11	after	after	ADP
emaj-66	140	12	the	the	DET
emaj-66	140	13	regression	regression	NOUN
emaj-66	140	14	analysis	analysis	NOUN
emaj-66	140	15	where	where	SCONJ
emaj-66	140	16	one	one	PRON
emaj-66	140	17	can	can	AUX
emaj-66	140	18	judge	judge	VERB
emaj-66	140	19	the	the	DET
emaj-66	140	20	cause	cause	NOUN
emaj-66	140	21	and	and	CCONJ
emaj-66	140	22	effect	effect	VERB
emaj-66	140	23	relationship	relationship	NOUN
emaj-66	140	24	between	between	ADP
emaj-66	140	25	two	two	NUM
emaj-66	140	26	variables	variable	NOUN
emaj-66	140	27	under	under	ADP
emaj-66	140	28	study	study	NOUN
emaj-66	140	29	.	.	PUNCT
emaj-66	141	1	the	the	DET
emaj-66	141	2	test	test	NOUN
emaj-66	141	3	would	would	AUX
emaj-66	141	4	use	use	VERB
emaj-66	141	5	the	the	DET
emaj-66	141	6	following	follow	VERB
emaj-66	141	7	pair	pair	NOUN
emaj-66	141	8	of	of	ADP
emaj-66	141	9	regression	regression	NOUN
emaj-66	141	10	equations	equation	NOUN
emaj-66	141	11	:	:	PUNCT
emaj-66	141	12	where	where	SCONJ
emaj-66	141	13	,	,	PUNCT
emaj-66	141	14	s	s	NOUN
emaj-66	141	15	=	=	NOUN
emaj-66	141	16	spot	spot	NOUN
emaj-66	141	17	index	index	NOUN
emaj-66	141	18	f=	f=	PROPN
emaj-66	141	19	futures	future	NOUN
emaj-66	141	20	index	index	NOUN
emaj-66	141	21	the	the	DET
emaj-66	141	22	significance	significance	NOUN
emaj-66	141	23	of	of	ADP
emaj-66	141	24	results	result	NOUN
emaj-66	141	25	is	be	AUX
emaj-66	141	26	tested	test	VERB
emaj-66	141	27	with	with	ADP
emaj-66	141	28	the	the	DET
emaj-66	141	29	help	help	NOUN
emaj-66	141	30	of	of	ADP
emaj-66	141	31	ftest	ftest	NOUN
emaj-66	141	32	.	.	PUNCT
emaj-66	142	1	f	f	X
emaj-66	142	2	-	-	PUNCT
emaj-66	142	3	test	test	NOUN
emaj-66	142	4	is	be	AUX
emaj-66	142	5	any	any	DET
emaj-66	142	6	statistical	statistical	ADJ
emaj-66	142	7	test	test	NOUN
emaj-66	142	8	in	in	ADP
emaj-66	142	9	which	which	PRON
emaj-66	142	10	the	the	DET
emaj-66	142	11	test	test	NOUN
emaj-66	142	12	statistic	statistic	NOUN
emaj-66	142	13	has	have	VERB
emaj-66	142	14	an	an	DET
emaj-66	142	15	f	f	NOUN
emaj-66	142	16	-	-	PUNCT
emaj-66	142	17	distribution	distribution	NOUN
emaj-66	142	18	under	under	ADP
emaj-66	142	19	the	the	DET
emaj-66	142	20	null	null	ADJ
emaj-66	142	21	hypothesis	hypothesis	NOUN
emaj-66	142	22	.	.	PUNCT
emaj-66	143	1	it	it	PRON
emaj-66	143	2	is	be	AUX
emaj-66	143	3	most	most	ADV
emaj-66	143	4	often	often	ADV
emaj-66	143	5	used	use	VERB
emaj-66	143	6	when	when	SCONJ
emaj-66	143	7	comparing	compare	VERB
emaj-66	143	8	statistical	statistical	ADJ
emaj-66	143	9	models	model	NOUN
emaj-66	143	10	that	that	PRON
emaj-66	143	11	have	have	AUX
emaj-66	143	12	been	be	AUX
emaj-66	143	13	fitted	fit	VERB
emaj-66	143	14	to	to	ADP
emaj-66	143	15	a	a	DET
emaj-66	143	16	data	data	NOUN
emaj-66	143	17	set	set	VERB
emaj-66	143	18	,	,	PUNCT
emaj-66	143	19	in	in	ADP
emaj-66	143	20	order	order	NOUN
emaj-66	143	21	to	to	PART
emaj-66	143	22	identify	identify	VERB
emaj-66	143	23	the	the	DET
emaj-66	143	24	model	model	NOUN
emaj-66	143	25	that	that	PRON
emaj-66	143	26	best	well	ADV
emaj-66	143	27	fits	fit	VERB
emaj-66	143	28	the	the	DET
emaj-66	143	29	population	population	NOUN
emaj-66	143	30	from	from	ADP
emaj-66	143	31	which	which	PRON
emaj-66	143	32	the	the	DET
emaj-66	143	33	data	datum	NOUN
emaj-66	143	34	were	be	AUX
emaj-66	143	35	sampled	sample	VERB
emaj-66	143	36	.	.	PUNCT
emaj-66	144	1	volume	volume	NOUN
emaj-66	144	2	5	5	NUM
emaj-66	144	3	no	no	DET
emaj-66	144	4	1	1	NUM
emaj-66	144	5	(	(	PUNCT
emaj-66	144	6	2015	2015	NUM
emaj-66	144	7	)	)	PUNCT
emaj-66	144	8	|	|	ADV
emaj-66	144	9	issn	issn	VERB
emaj-66	144	10	2158	2158	NUM
emaj-66	144	11	-	-	SYM
emaj-66	144	12	8708	8708	NUM
emaj-66	144	13	(	(	PUNCT
emaj-66	144	14	online	online	NOUN
emaj-66	144	15	)	)	PUNCT
emaj-66	144	16	|	|	ADV
emaj-66	144	17	doi	doi	X
emaj-66	144	18	10.5195	10.5195	NUM
emaj-66	144	19	/	/	SYM
emaj-66	144	20	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	145	1	|	|	ADV
emaj-66	145	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	145	3	girish	girish	PROPN
emaj-66	145	4	karunakaran	karunakaran	PROPN
emaj-66	145	5	nair	nair	PROPN
emaj-66	145	6	,	,	PUNCT
emaj-66	145	7	nidhi	nidhi	PROPN
emaj-66	145	8	choudhary	choudhary	PROPN
emaj-66	145	9	,	,	PUNCT
emaj-66	145	10	harsh	harsh	PROPN
emaj-66	145	11	purohit	purohit	ADJ
emaj-66	145	12	emerging	emerge	VERB
emaj-66	145	13	markets	market	NOUN
emaj-66	145	14	journal	journal	NOUN
emaj-66	145	15	|	|	ADV
emaj-66	145	16	p	p	NOUN
emaj-66	145	17	a	a	DET
emaj-66	145	18	g	g	NOUN
emaj-66	145	19	e	e	NOUN
emaj-66	145	20	|21	|21	NOUN
emaj-66	145	21	vii	vii	PROPN
emaj-66	145	22	.	.	PROPN
emaj-66	145	23	findings	finding	VERB
emaj-66	145	24	the	the	DET
emaj-66	145	25	analysis	analysis	NOUN
emaj-66	145	26	begins	begin	VERB
emaj-66	145	27	with	with	ADP
emaj-66	145	28	the	the	DET
emaj-66	145	29	graphical	graphical	ADJ
emaj-66	145	30	representation	representation	NOUN
emaj-66	145	31	of	of	ADP
emaj-66	145	32	the	the	DET
emaj-66	145	33	data	datum	NOUN
emaj-66	145	34	in	in	ADP
emaj-66	145	35	the	the	DET
emaj-66	145	36	pre	pre	NOUN
emaj-66	145	37	,	,	PUNCT
emaj-66	145	38	during	during	ADP
emaj-66	145	39	and	and	CCONJ
emaj-66	145	40	post	post	VERB
emaj-66	145	41	recessionary	recessionary	ADJ
emaj-66	145	42	phase	phase	NOUN
emaj-66	145	43	as	as	SCONJ
emaj-66	145	44	depicted	depict	VERB
emaj-66	145	45	in	in	ADP
emaj-66	145	46	figure	figure	NOUN
emaj-66	145	47	1	1	NUM
emaj-66	145	48	,	,	PUNCT
emaj-66	145	49	2	2	NUM
emaj-66	145	50	and	and	CCONJ
emaj-66	145	51	3	3	NUM
emaj-66	145	52	.	.	PUNCT
emaj-66	146	1	the	the	DET
emaj-66	146	2	graphs	graph	NOUN
emaj-66	146	3	indicate	indicate	VERB
emaj-66	146	4	that	that	SCONJ
emaj-66	146	5	the	the	DET
emaj-66	146	6	relationship	relationship	NOUN
emaj-66	146	7	between	between	ADP
emaj-66	146	8	two	two	NUM
emaj-66	146	9	variables	variable	NOUN
emaj-66	146	10	under	under	ADP
emaj-66	146	11	study	study	NOUN
emaj-66	146	12	has	have	AUX
emaj-66	146	13	been	be	AUX
emaj-66	146	14	dynamic	dynamic	ADJ
emaj-66	146	15	and	and	CCONJ
emaj-66	146	16	inconsistent	inconsistent	ADJ
emaj-66	146	17	in	in	ADP
emaj-66	146	18	nature	nature	NOUN
emaj-66	146	19	.	.	PUNCT
emaj-66	147	1	fig	fig	NOUN
emaj-66	147	2	.	.	PUNCT
emaj-66	148	1	1	1	NUM
emaj-66	149	1	the	the	DET
emaj-66	149	2	exchange	exchange	NOUN
emaj-66	149	3	rate	rate	NOUN
emaj-66	149	4	of	of	ADP
emaj-66	149	5	us	us	PROPN
emaj-66	149	6	dollar	dollar	NOUN
emaj-66	149	7	to	to	ADP
emaj-66	149	8	inr	inr	PROPN
emaj-66	149	9	and	and	CCONJ
emaj-66	149	10	gold	gold	NOUN
emaj-66	149	11	prices	price	NOUN
emaj-66	149	12	jan	jan	PROPN
emaj-66	149	13	,	,	PUNCT
emaj-66	149	14	2005	2005	NUM
emaj-66	149	15	nov	nov	PROPN
emaj-66	149	16	,	,	PUNCT
emaj-66	149	17	2007	2007	NUM
emaj-66	149	18	fig	fig	NOUN
emaj-66	149	19	.	.	PUNCT
emaj-66	149	20	2	2	NUM
emaj-66	149	21	the	the	DET
emaj-66	149	22	exchange	exchange	NOUN
emaj-66	149	23	rate	rate	NOUN
emaj-66	149	24	of	of	ADP
emaj-66	149	25	us	us	PROPN
emaj-66	149	26	dollar	dollar	NOUN
emaj-66	149	27	to	to	ADP
emaj-66	149	28	inr	inr	PROPN
emaj-66	149	29	and	and	CCONJ
emaj-66	149	30	gold	gold	NOUN
emaj-66	149	31	prices	price	NOUN
emaj-66	149	32	dec	dec	PROPN
emaj-66	149	33	,	,	PUNCT
emaj-66	149	34	2007	2007	NUM
emaj-66	149	35	–	–	PUNCT
emaj-66	149	36	june	june	PROPN
emaj-66	149	37	,	,	PUNCT
emaj-66	149	38	2009	2009	NUM
emaj-66	149	39	fig	fig	NOUN
emaj-66	149	40	.	.	PUNCT
emaj-66	149	41	2	2	NUM
emaj-66	149	42	the	the	DET
emaj-66	149	43	exchange	exchange	NOUN
emaj-66	149	44	rate	rate	NOUN
emaj-66	149	45	of	of	ADP
emaj-66	149	46	us	us	PROPN
emaj-66	149	47	dollar	dollar	NOUN
emaj-66	149	48	to	to	ADP
emaj-66	149	49	inr	inr	PROPN
emaj-66	149	50	and	and	CCONJ
emaj-66	149	51	gold	gold	NOUN
emaj-66	149	52	prices	price	NOUN
emaj-66	149	53	july	july	PROPN
emaj-66	149	54	,	,	PUNCT
emaj-66	149	55	2009	2009	NUM
emaj-66	149	56	–	–	PUNCT
emaj-66	149	57	dec	dec	PROPN
emaj-66	149	58	,	,	PUNCT
emaj-66	149	59	2013	2013	NUM
emaj-66	149	60	proceeding	proceeding	NOUN
emaj-66	149	61	with	with	ADP
emaj-66	149	62	the	the	DET
emaj-66	149	63	study	study	NOUN
emaj-66	149	64	,	,	PUNCT
emaj-66	149	65	the	the	DET
emaj-66	149	66	series	series	NOUN
emaj-66	149	67	were	be	AUX
emaj-66	149	68	made	make	VERB
emaj-66	149	69	stationary	stationary	ADJ
emaj-66	149	70	using	use	VERB
emaj-66	149	71	the	the	DET
emaj-66	149	72	augmented	augment	VERB
emaj-66	149	73	dickey	dickey	PROPN
emaj-66	149	74	–	–	PUNCT
emaj-66	149	75	fuller	full	ADJ
emaj-66	149	76	test	test	NOUN
emaj-66	149	77	.	.	PUNCT
emaj-66	150	1	the	the	DET
emaj-66	150	2	augmented	augment	VERB
emaj-66	150	3	dickey	dickey	PROPN
emaj-66	150	4	–	–	PUNCT
emaj-66	150	5	fuller	full	ADJ
emaj-66	150	6	test	test	NOUN
emaj-66	150	7	(	(	PUNCT
emaj-66	150	8	adf	adf	NOUN
emaj-66	150	9	)	)	PUNCT
emaj-66	150	10	is	be	AUX
emaj-66	150	11	a	a	DET
emaj-66	150	12	test	test	NOUN
emaj-66	150	13	for	for	ADP
emaj-66	150	14	a	a	DET
emaj-66	150	15	unit	unit	NOUN
emaj-66	150	16	root	root	NOUN
emaj-66	150	17	in	in	ADP
emaj-66	150	18	a	a	DET
emaj-66	150	19	time	time	NOUN
emaj-66	150	20	series	series	NOUN
emaj-66	150	21	sample	sample	NOUN
emaj-66	150	22	.	.	PUNCT
emaj-66	151	1	it	it	PRON
emaj-66	151	2	is	be	AUX
emaj-66	151	3	an	an	DET
emaj-66	151	4	augmented	augment	VERB
emaj-66	151	5	version	version	NOUN
emaj-66	151	6	of	of	ADP
emaj-66	151	7	the	the	DET
emaj-66	151	8	dickey	dickey	PROPN
emaj-66	151	9	–	–	PUNCT
emaj-66	151	10	fuller	full	ADJ
emaj-66	151	11	test	test	NOUN
emaj-66	151	12	for	for	ADP
emaj-66	151	13	a	a	DET
emaj-66	151	14	larger	large	ADJ
emaj-66	151	15	and	and	CCONJ
emaj-66	151	16	more	more	ADV
emaj-66	151	17	complicated	complicated	ADJ
emaj-66	151	18	set	set	NOUN
emaj-66	151	19	of	of	ADP
emaj-66	151	20	time	time	NOUN
emaj-66	151	21	series	series	NOUN
emaj-66	151	22	models	model	NOUN
emaj-66	151	23	.	.	PUNCT
emaj-66	152	1	the	the	DET
emaj-66	152	2	null	null	ADJ
emaj-66	152	3	hypothesis	hypothesis	NOUN
emaj-66	152	4	under	under	ADP
emaj-66	152	5	the	the	DET
emaj-66	152	6	test	test	NOUN
emaj-66	152	7	was	be	AUX
emaj-66	152	8	that	that	SCONJ
emaj-66	152	9	the	the	DET
emaj-66	152	10	series	series	NOUN
emaj-66	152	11	under	under	ADP
emaj-66	152	12	consideration	consideration	NOUN
emaj-66	152	13	has	have	VERB
emaj-66	152	14	a	a	DET
emaj-66	152	15	unit	unit	NOUN
emaj-66	152	16	root	root	NOUN
emaj-66	152	17	and	and	CCONJ
emaj-66	152	18	is	be	AUX
emaj-66	152	19	not	not	PART
emaj-66	152	20	stationary	stationary	ADJ
emaj-66	152	21	.	.	PUNCT
emaj-66	153	1	the	the	DET
emaj-66	153	2	adf	adf	PROPN
emaj-66	153	3	test	test	NOUN
emaj-66	153	4	was	be	AUX
emaj-66	153	5	first	first	ADV
emaj-66	153	6	conducted	conduct	VERB
emaj-66	153	7	on	on	ADP
emaj-66	153	8	the	the	DET
emaj-66	153	9	data	datum	NOUN
emaj-66	153	10	set	set	VERB
emaj-66	153	11	at	at	ADP
emaj-66	153	12	level	level	NOUN
emaj-66	153	13	and	and	CCONJ
emaj-66	153	14	the	the	DET
emaj-66	153	15	following	following	ADJ
emaj-66	153	16	results	result	NOUN
emaj-66	153	17	were	be	AUX
emaj-66	153	18	derived	derive	VERB
emaj-66	153	19	:	:	PUNCT
emaj-66	153	20	table	table	NOUN
emaj-66	153	21	1	1	NUM
emaj-66	153	22	:	:	PUNCT
emaj-66	153	23	the	the	DET
emaj-66	153	24	results	result	NOUN
emaj-66	153	25	of	of	ADP
emaj-66	153	26	adf	adf	NOUN
emaj-66	153	27	test	test	NOUN
emaj-66	153	28	on	on	ADP
emaj-66	153	29	gold	gold	NOUN
emaj-66	153	30	prices	price	NOUN
emaj-66	153	31	(	(	PUNCT
emaj-66	153	32	at	at	ADP
emaj-66	153	33	level	level	NOUN
emaj-66	153	34	)	)	PUNCT
emaj-66	153	35	at	at	ADP
emaj-66	153	36	level	level	NOUN
emaj-66	153	37	jan	jan	PROPN
emaj-66	153	38	,	,	PUNCT
emaj-66	153	39	05	05	NUM
emaj-66	153	40	nov	nov	PROPN
emaj-66	153	41	,	,	PUNCT
emaj-66	153	42	07	07	NUM
emaj-66	153	43	at	at	ADP
emaj-66	153	44	level	level	NOUN
emaj-66	153	45	dec	dec	PROPN
emaj-66	153	46	,	,	PUNCT
emaj-66	153	47	07	07	NUM
emaj-66	153	48	june,09	june,09	NOUN
emaj-66	153	49	at	at	ADP
emaj-66	153	50	level	level	NOUN
emaj-66	153	51	july	july	PROPN
emaj-66	153	52	,	,	PUNCT
emaj-66	153	53	09	09	NUM
emaj-66	153	54	dec	dec	PROPN
emaj-66	153	55	,	,	PUNCT
emaj-66	153	56	13	13	NUM
emaj-66	153	57	tstati	tstati	NOUN
emaj-66	153	58	stic	stic	ADJ
emaj-66	153	59	prob	prob	NOUN
emaj-66	153	60	.	.	PUNCT
emaj-66	154	1	*	*	PUNCT
emaj-66	154	2	tstati	tstati	PROPN
emaj-66	154	3	stic	stic	ADJ
emaj-66	154	4	prob	prob	NOUN
emaj-66	154	5	.	.	PUNCT
emaj-66	155	1	*	*	PUNCT
emaj-66	155	2	tstati	tstati	PROPN
emaj-66	155	3	stic	stic	ADJ
emaj-66	155	4	prob	prob	PROPN
emaj-66	155	5	.	.	PUNCT
emaj-66	155	6	*	*	PUNCT
emaj-66	155	7	augmented	augment	VERB
emaj-66	155	8	dickey	dickey	PROPN
emaj-66	155	9	-	-	PUNCT
emaj-66	155	10	fuller	full	ADJ
emaj-66	155	11	test	test	NOUN
emaj-66	155	12	statistic	statistic	NOUN
emaj-66	155	13	0.24	0.24	NUM
emaj-66	155	14	8395	8395	NUM
emaj-66	155	15	0.97	0.97	NUM
emaj-66	155	16	54	54	NUM
emaj-66	155	17	1.07	1.07	NUM
emaj-66	155	18	085	085	NUM
emaj-66	155	19	0.72	0.72	NUM
emaj-66	155	20	83	83	NUM
emaj-66	155	21	1.53	1.53	NUM
emaj-66	155	22	83	83	NUM
emaj-66	155	23	0.5139	0.5139	NUM
emaj-66	155	24	test	test	NOUN
emaj-66	155	25	critical	critical	ADJ
emaj-66	155	26	values	value	NOUN
emaj-66	155	27	:	:	PUNCT
emaj-66	155	28	3.43	3.43	NUM
emaj-66	155	29	858	858	NUM
emaj-66	155	30	3.44	3.44	NUM
emaj-66	155	31	69	69	NUM
emaj-66	155	32	3.43	3.43	NUM
emaj-66	155	33	59	59	NUM
emaj-66	155	34	3.43	3.43	NUM
emaj-66	155	35	59	59	NUM
emaj-66	155	36	2.86	2.86	NUM
emaj-66	155	37	506	506	NUM
emaj-66	155	38	2.86	2.86	NUM
emaj-66	155	39	87	87	NUM
emaj-66	155	40	2.86	2.86	NUM
emaj-66	155	41	39	39	NUM
emaj-66	155	42	2.86	2.86	NUM
emaj-66	155	43	39	39	NUM
emaj-66	155	44	2.56	2.56	NUM
emaj-66	155	45	87	87	NUM
emaj-66	155	46	2.57	2.57	NUM
emaj-66	155	47	06	06	NUM
emaj-66	155	48	2.56	2.56	NUM
emaj-66	155	49	80	80	NUM
emaj-66	155	50	2.56	2.56	NUM
emaj-66	155	51	80	80	NUM
emaj-66	155	52	34	34	NUM
emaj-66	155	53	36	36	NUM
emaj-66	155	54	38	38	NUM
emaj-66	155	55	40	40	NUM
emaj-66	155	56	42	42	NUM
emaj-66	155	57	44	44	NUM
emaj-66	155	58	46	46	NUM
emaj-66	155	59	48	48	NUM
emaj-66	155	60	0	0	NUM
emaj-66	155	61	2000	2000	NUM
emaj-66	155	62	4000	4000	NUM
emaj-66	155	63	6000	6000	NUM
emaj-66	155	64	8000	8000	NUM
emaj-66	155	65	10000	10000	NUM
emaj-66	155	66	12000	12000	NUM
emaj-66	155	67	ja	ja	NOUN
emaj-66	155	68	n	n	CCONJ
emaj-66	155	69	2	2	NUM
emaj-66	155	70	9	9	NUM
emaj-66	155	71	2	2	NUM
emaj-66	155	72	0	0	NUM
emaj-66	155	73	0	0	NUM
emaj-66	155	74	5	5	NUM
emaj-66	155	75	ju	ju	NOUN
emaj-66	155	76	n	n	ADV
emaj-66	155	77	2	2	NUM
emaj-66	155	78	1	1	NUM
emaj-66	155	79	2	2	NUM
emaj-66	155	80	0	0	NUM
emaj-66	155	81	0	0	NUM
emaj-66	155	82	5	5	NUM
emaj-66	155	83	a	a	DET
emaj-66	155	84	u	u	NOUN
emaj-66	155	85	g	g	NOUN
emaj-66	155	86	1	1	NUM
emaj-66	155	87	9	9	NUM
emaj-66	155	88	2	2	NUM
emaj-66	155	89	0	0	NUM
emaj-66	155	90	0	0	NUM
emaj-66	155	91	5	5	NUM
emaj-66	155	92	o	o	NOUN
emaj-66	155	93	ct	ct	NUM
emaj-66	155	94	2	2	NUM
emaj-66	155	95	1	1	NUM
emaj-66	155	96	2	2	NUM
emaj-66	155	97	0	0	NUM
emaj-66	155	98	0	0	NUM
emaj-66	155	99	5	5	NUM
emaj-66	155	100	d	d	SYM
emaj-66	155	101	ec	ec	PROPN
emaj-66	155	102	2	2	NUM
emaj-66	155	103	1	1	NUM
emaj-66	155	104	2	2	NUM
emaj-66	155	105	0	0	NUM
emaj-66	155	106	0	0	NUM
emaj-66	155	107	5	5	NUM
emaj-66	155	108	m	m	PROPN
emaj-66	155	109	ar	ar	NOUN
emaj-66	155	110	1	1	NUM
emaj-66	155	111	2	2	NUM
emaj-66	155	112	0	0	NUM
emaj-66	155	113	0	0	NUM
emaj-66	155	114	6	6	NUM
emaj-66	155	115	m	m	NOUN
emaj-66	155	116	ay	ay	NOUN
emaj-66	155	117	2	2	NUM
emaj-66	155	118	2	2	NUM
emaj-66	155	119	0	0	NUM
emaj-66	155	120	0	0	NUM
emaj-66	155	121	6	6	NUM
emaj-66	155	122	ju	ju	NOUN
emaj-66	155	123	l	l	NOUN
emaj-66	155	124	1	1	NUM
emaj-66	155	125	2	2	NUM
emaj-66	155	126	0	0	NUM
emaj-66	155	127	0	0	NUM
emaj-66	155	128	6	6	NUM
emaj-66	155	129	a	a	DET
emaj-66	155	130	u	u	NOUN
emaj-66	155	131	g	g	PROPN
emaj-66	155	132	3	3	NUM
emaj-66	155	133	0	0	NUM
emaj-66	155	134	2	2	NUM
emaj-66	155	135	0	0	NUM
emaj-66	155	136	0	0	NUM
emaj-66	155	137	6	6	NUM
emaj-66	155	138	o	o	NOUN
emaj-66	155	139	ct	ct	NUM
emaj-66	155	140	2	2	NUM
emaj-66	155	141	7	7	NUM
emaj-66	155	142	2	2	NUM
emaj-66	155	143	0	0	NUM
emaj-66	155	144	0	0	NUM
emaj-66	155	145	6	6	NUM
emaj-66	155	146	d	d	SYM
emaj-66	155	147	ec	ec	PROPN
emaj-66	155	148	2	2	NUM
emaj-66	155	149	3	3	NUM
emaj-66	155	150	2	2	NUM
emaj-66	155	151	0	0	NUM
emaj-66	155	152	0	0	NUM
emaj-66	155	153	6	6	NUM
emaj-66	155	154	f	f	SYM
emaj-66	155	155	eb	eb	PROPN
emaj-66	155	156	2	2	NUM
emaj-66	155	157	1	1	NUM
emaj-66	155	158	2	2	NUM
emaj-66	155	159	0	0	NUM
emaj-66	155	160	0	0	NUM
emaj-66	155	161	7	7	NUM
emaj-66	155	162	a	a	DET
emaj-66	155	163	p	p	NOUN
emaj-66	155	164	r	r	NOUN
emaj-66	155	165	2	2	NUM
emaj-66	155	166	1	1	NUM
emaj-66	155	167	2	2	NUM
emaj-66	155	168	0	0	NUM
emaj-66	155	169	0	0	NUM
emaj-66	155	170	7	7	NUM
emaj-66	155	171	ju	ju	NOUN
emaj-66	155	172	n	n	ADV
emaj-66	155	173	1	1	NUM
emaj-66	155	174	9	9	NUM
emaj-66	155	175	2	2	NUM
emaj-66	155	176	0	0	NUM
emaj-66	155	177	0	0	NUM
emaj-66	155	178	7	7	NUM
emaj-66	155	179	a	a	DET
emaj-66	155	180	u	u	NOUN
emaj-66	155	181	g	g	PROPN
emaj-66	155	182	1	1	NUM
emaj-66	155	183	7	7	NUM
emaj-66	155	184	2	2	NUM
emaj-66	155	185	0	0	NUM
emaj-66	155	186	0	0	NUM
emaj-66	155	187	7	7	NUM
emaj-66	155	188	o	o	NOUN
emaj-66	155	189	ct	ct	NUM
emaj-66	155	190	1	1	NUM
emaj-66	155	191	6	6	NUM
emaj-66	155	192	2	2	NUM
emaj-66	155	193	0	0	NUM
emaj-66	155	194	0	0	NUM
emaj-66	155	195	7	7	NUM
emaj-66	155	196	gold	gold	NOUN
emaj-66	155	197	price	price	NOUN
emaj-66	155	198	0	0	NUM
emaj-66	155	199	10	10	NUM
emaj-66	155	200	20	20	NUM
emaj-66	155	201	30	30	NUM
emaj-66	155	202	40	40	NUM
emaj-66	155	203	50	50	NUM
emaj-66	155	204	60	60	NUM
emaj-66	155	205	0	0	NUM
emaj-66	155	206	2000	2000	NUM
emaj-66	155	207	4000	4000	NUM
emaj-66	155	208	6000	6000	NUM
emaj-66	155	209	8000	8000	NUM
emaj-66	155	210	10000	10000	NUM
emaj-66	155	211	12000	12000	NUM
emaj-66	155	212	14000	14000	NUM
emaj-66	155	213	16000	16000	NUM
emaj-66	155	214	18000	18000	NUM
emaj-66	155	215	d	d	SYM
emaj-66	155	216	ec	ec	PROPN
emaj-66	155	217	1	1	NUM
emaj-66	155	218	2	2	NUM
emaj-66	155	219	0	0	NUM
emaj-66	155	220	0	0	NUM
emaj-66	155	221	7	7	NUM
emaj-66	155	222	ja	ja	PROPN
emaj-66	155	223	n	n	CCONJ
emaj-66	155	224	5	5	NUM
emaj-66	155	225	2	2	NUM
emaj-66	155	226	0	0	NUM
emaj-66	155	227	0	0	NUM
emaj-66	155	228	8	8	NUM
emaj-66	155	229	f	f	SYM
emaj-66	155	230	eb	eb	PROPN
emaj-66	155	231	5	5	NUM
emaj-66	155	232	2	2	NUM
emaj-66	155	233	0	0	NUM
emaj-66	155	234	0	0	NUM
emaj-66	155	235	8	8	NUM
emaj-66	155	236	m	m	PROPN
emaj-66	155	237	ar	ar	NOUN
emaj-66	155	238	5	5	NUM
emaj-66	155	239	2	2	NUM
emaj-66	155	240	0	0	NUM
emaj-66	155	241	0	0	NUM
emaj-66	155	242	8	8	NUM
emaj-66	155	243	a	a	DET
emaj-66	155	244	p	p	NOUN
emaj-66	155	245	r	r	NOUN
emaj-66	155	246	7	7	NUM
emaj-66	155	247	2	2	NUM
emaj-66	155	248	0	0	NUM
emaj-66	155	249	0	0	NUM
emaj-66	155	250	8	8	NUM
emaj-66	155	251	m	m	NOUN
emaj-66	155	252	ay	ay	NOUN
emaj-66	155	253	1	1	NUM
emaj-66	155	254	6	6	NUM
emaj-66	155	255	2	2	NUM
emaj-66	155	256	0	0	NUM
emaj-66	155	257	0	0	NUM
emaj-66	155	258	8	8	NUM
emaj-66	155	259	ju	ju	NOUN
emaj-66	155	260	n	n	ADV
emaj-66	155	261	2	2	NUM
emaj-66	155	262	3	3	NUM
emaj-66	155	263	2	2	NUM
emaj-66	155	264	0	0	NUM
emaj-66	155	265	0	0	NUM
emaj-66	155	266	8	8	NUM
emaj-66	155	267	ju	ju	NOUN
emaj-66	155	268	l	l	NOUN
emaj-66	155	269	2	2	NUM
emaj-66	155	270	8	8	NUM
emaj-66	155	271	2	2	NUM
emaj-66	155	272	0	0	NUM
emaj-66	155	273	0	0	NUM
emaj-66	155	274	8	8	NUM
emaj-66	155	275	s	s	NOUN
emaj-66	155	276	ep	ep	NOUN
emaj-66	155	277	4	4	NUM
emaj-66	155	278	2	2	NUM
emaj-66	155	279	0	0	NUM
emaj-66	155	280	0	0	NUM
emaj-66	155	281	8	8	NUM
emaj-66	155	282	o	o	NOUN
emaj-66	155	283	ct	ct	NUM
emaj-66	155	284	1	1	NUM
emaj-66	155	285	4	4	NUM
emaj-66	155	286	2	2	NUM
emaj-66	155	287	0	0	NUM
emaj-66	155	288	0	0	NUM
emaj-66	155	289	8	8	NUM
emaj-66	155	290	n	n	NUM
emaj-66	155	291	o	o	NOUN
emaj-66	155	292	v	v	NUM
emaj-66	155	293	2	2	NUM
emaj-66	155	294	4	4	NUM
emaj-66	155	295	2	2	NUM
emaj-66	155	296	0	0	NUM
emaj-66	155	297	0	0	NUM
emaj-66	155	298	8	8	NUM
emaj-66	155	299	ja	ja	NOUN
emaj-66	155	300	n	n	CCONJ
emaj-66	155	301	1	1	NUM
emaj-66	155	302	2	2	NUM
emaj-66	155	303	0	0	NUM
emaj-66	155	304	0	0	NUM
emaj-66	155	305	9	9	NUM
emaj-66	155	306	f	f	SYM
emaj-66	155	307	eb	eb	PROPN
emaj-66	155	308	9	9	NUM
emaj-66	155	309	2	2	NUM
emaj-66	155	310	0	0	NUM
emaj-66	155	311	0	0	NUM
emaj-66	155	312	9	9	NUM
emaj-66	155	313	m	m	NOUN
emaj-66	155	314	ar	ar	NOUN
emaj-66	155	315	2	2	NUM
emaj-66	155	316	0	0	NUM
emaj-66	155	317	2	2	NUM
emaj-66	155	318	0	0	NUM
emaj-66	155	319	0	0	NUM
emaj-66	155	320	9	9	NUM
emaj-66	155	321	m	m	NOUN
emaj-66	155	322	ay	ay	NOUN
emaj-66	155	323	6	6	NUM
emaj-66	155	324	2	2	NUM
emaj-66	155	325	0	0	NUM
emaj-66	155	326	0	0	NUM
emaj-66	155	327	9	9	NUM
emaj-66	155	328	ju	ju	NOUN
emaj-66	155	329	n	n	ADV
emaj-66	155	330	1	1	NUM
emaj-66	155	331	0	0	NUM
emaj-66	155	332	2	2	NUM
emaj-66	155	333	0	0	NUM
emaj-66	155	334	0	0	NUM
emaj-66	155	335	9	9	NUM
emaj-66	155	336	gold	gold	NOUN
emaj-66	155	337	price	price	NOUN
emaj-66	155	338	0	0	NUM
emaj-66	155	339	10	10	NUM
emaj-66	155	340	20	20	NUM
emaj-66	155	341	30	30	NUM
emaj-66	155	342	40	40	NUM
emaj-66	155	343	50	50	NUM
emaj-66	155	344	60	60	NUM
emaj-66	155	345	70	70	NUM
emaj-66	155	346	80	80	NUM
emaj-66	155	347	0	0	NUM
emaj-66	155	348	5000	5000	NUM
emaj-66	155	349	10000	10000	NUM
emaj-66	155	350	15000	15000	NUM
emaj-66	155	351	20000	20000	NUM
emaj-66	155	352	25000	25000	NUM
emaj-66	155	353	30000	30000	NUM
emaj-66	155	354	35000	35000	NUM
emaj-66	155	355	ju	ju	NOUN
emaj-66	155	356	l	l	NOUN
emaj-66	155	357	1	1	NUM
emaj-66	155	358	2	2	NUM
emaj-66	155	359	0	0	NUM
emaj-66	155	360	0	0	NUM
emaj-66	155	361	9	9	NUM
emaj-66	155	362	o	o	NOUN
emaj-66	155	363	ct	ct	NUM
emaj-66	155	364	1	1	NUM
emaj-66	155	365	5	5	NUM
emaj-66	155	366	2	2	NUM
emaj-66	155	367	0	0	NUM
emaj-66	155	368	0	0	NUM
emaj-66	155	369	9	9	NUM
emaj-66	155	370	ja	ja	PROPN
emaj-66	155	371	n	n	CCONJ
emaj-66	155	372	2	2	NUM
emaj-66	155	373	8	8	NUM
emaj-66	155	374	2	2	NUM
emaj-66	155	375	0	0	NUM
emaj-66	155	376	1	1	NUM
emaj-66	155	377	0	0	NUM
emaj-66	155	378	m	m	VERB
emaj-66	155	379	ay	ay	NOUN
emaj-66	155	380	1	1	NUM
emaj-66	155	381	7	7	NUM
emaj-66	155	382	2	2	NUM
emaj-66	155	383	0	0	NUM
emaj-66	155	384	1	1	NUM
emaj-66	155	385	0	0	NUM
emaj-66	155	386	a	a	DET
emaj-66	155	387	u	u	NOUN
emaj-66	155	388	g	g	PROPN
emaj-66	155	389	2	2	NUM
emaj-66	155	390	5	5	NUM
emaj-66	155	391	2	2	NUM
emaj-66	155	392	0	0	NUM
emaj-66	155	393	1	1	NUM
emaj-66	155	394	0	0	NUM
emaj-66	155	395	d	d	PRON
emaj-66	155	396	ec	ec	PROPN
emaj-66	155	397	7	7	NUM
emaj-66	155	398	2	2	NUM
emaj-66	155	399	0	0	NUM
emaj-66	155	400	1	1	NUM
emaj-66	155	401	0	0	NUM
emaj-66	155	402	m	m	NOUN
emaj-66	155	403	ar	ar	PROPN
emaj-66	155	404	2	2	NUM
emaj-66	155	405	1	1	NUM
emaj-66	155	406	2	2	NUM
emaj-66	155	407	0	0	NUM
emaj-66	155	408	1	1	NUM
emaj-66	155	409	1	1	NUM
emaj-66	155	410	ju	ju	NOUN
emaj-66	155	411	l	l	NOUN
emaj-66	155	412	5	5	NUM
emaj-66	155	413	2	2	NUM
emaj-66	155	414	0	0	NUM
emaj-66	155	415	1	1	NUM
emaj-66	155	416	1	1	NUM
emaj-66	155	417	o	o	NOUN
emaj-66	155	418	ct	ct	NUM
emaj-66	155	419	1	1	NUM
emaj-66	155	420	9	9	NUM
emaj-66	155	421	2	2	NUM
emaj-66	155	422	0	0	NUM
emaj-66	155	423	1	1	NUM
emaj-66	155	424	1	1	NUM
emaj-66	155	425	f	f	SYM
emaj-66	155	426	eb	eb	PROPN
emaj-66	155	427	2	2	NUM
emaj-66	155	428	2	2	NUM
emaj-66	155	429	0	0	NUM
emaj-66	155	430	1	1	NUM
emaj-66	155	431	2	2	NUM
emaj-66	155	432	m	m	NOUN
emaj-66	155	433	ay	ay	NOUN
emaj-66	155	434	2	2	NUM
emaj-66	155	435	2	2	NUM
emaj-66	155	436	2	2	NUM
emaj-66	155	437	0	0	NUM
emaj-66	155	438	1	1	NUM
emaj-66	155	439	2	2	NUM
emaj-66	155	440	a	a	DET
emaj-66	155	441	u	u	NOUN
emaj-66	155	442	g	g	PROPN
emaj-66	155	443	3	3	NUM
emaj-66	155	444	0	0	NUM
emaj-66	155	445	2	2	NUM
emaj-66	155	446	0	0	NUM
emaj-66	155	447	1	1	NUM
emaj-66	155	448	2	2	NUM
emaj-66	155	449	d	d	SYM
emaj-66	155	450	ec	ec	PROPN
emaj-66	155	451	1	1	NUM
emaj-66	155	452	7	7	NUM
emaj-66	155	453	2	2	NUM
emaj-66	155	454	0	0	NUM
emaj-66	155	455	1	1	NUM
emaj-66	155	456	2	2	NUM
emaj-66	155	457	m	m	NOUN
emaj-66	155	458	ar	ar	NOUN
emaj-66	155	459	3	3	NUM
emaj-66	155	460	0	0	NUM
emaj-66	155	461	2	2	NUM
emaj-66	155	462	0	0	NUM
emaj-66	155	463	1	1	NUM
emaj-66	155	464	3	3	NUM
emaj-66	155	465	ju	ju	NOUN
emaj-66	155	466	n	n	ADV
emaj-66	155	467	2	2	NUM
emaj-66	155	468	5	5	NUM
emaj-66	155	469	2	2	NUM
emaj-66	155	470	0	0	NUM
emaj-66	155	471	1	1	NUM
emaj-66	155	472	3	3	NUM
emaj-66	155	473	s	s	PART
emaj-66	155	474	ep	ep	NOUN
emaj-66	155	475	1	1	NUM
emaj-66	155	476	8	8	NUM
emaj-66	155	477	2	2	NUM
emaj-66	155	478	0	0	NUM
emaj-66	155	479	1	1	NUM
emaj-66	155	480	3	3	NUM
emaj-66	155	481	gold	gold	NOUN
emaj-66	155	482	price	price	NOUN
emaj-66	155	483	volume	volume	NOUN
emaj-66	155	484	5	5	NUM
emaj-66	155	485	no	no	DET
emaj-66	155	486	1	1	NUM
emaj-66	155	487	(	(	PUNCT
emaj-66	155	488	2015	2015	NUM
emaj-66	155	489	)	)	PUNCT
emaj-66	155	490	|	|	ADV
emaj-66	155	491	issn	issn	VERB
emaj-66	155	492	2158	2158	NUM
emaj-66	155	493	-	-	SYM
emaj-66	155	494	8708	8708	NUM
emaj-66	155	495	(	(	PUNCT
emaj-66	155	496	online	online	NOUN
emaj-66	155	497	)	)	PUNCT
emaj-66	155	498	|	|	ADV
emaj-66	155	499	doi	doi	X
emaj-66	155	500	10.5195	10.5195	NUM
emaj-66	155	501	/	/	SYM
emaj-66	155	502	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	155	503	|	|	ADV
emaj-66	155	504	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	155	505	the	the	DET
emaj-66	155	506	relationship	relationship	NOUN
emaj-66	155	507	between	between	ADP
emaj-66	155	508	gold	gold	NOUN
emaj-66	155	509	prices	price	NOUN
emaj-66	155	510	and	and	CCONJ
emaj-66	155	511	exchange	exchange	NOUN
emaj-66	155	512	value	value	NOUN
emaj-66	155	513	of	of	ADP
emaj-66	155	514	us	us	PROPN
emaj-66	155	515	dollar	dollar	NOUN
emaj-66	155	516	in	in	ADP
emaj-66	155	517	india	india	PROPN
emaj-66	155	518	page	page	NOUN
emaj-66	155	519	|22|	|22|	VERB
emaj-66	155	520	emerging	emerge	VERB
emaj-66	155	521	markets	market	NOUN
emaj-66	155	522	journal	journal	NOUN
emaj-66	155	523	table	table	NOUN
emaj-66	155	524	2	2	NUM
emaj-66	155	525	:	:	PUNCT
emaj-66	155	526	the	the	DET
emaj-66	155	527	results	result	NOUN
emaj-66	155	528	of	of	ADP
emaj-66	155	529	adf	adf	NOUN
emaj-66	155	530	test	test	NOUN
emaj-66	155	531	on	on	ADP
emaj-66	155	532	gold	gold	NOUN
emaj-66	155	533	prices	price	NOUN
emaj-66	155	534	(	(	PUNCT
emaj-66	155	535	at	at	ADP
emaj-66	155	536	first	first	ADJ
emaj-66	155	537	difference	difference	NOUN
emaj-66	155	538	)	)	PUNCT
emaj-66	155	539	at	at	ADP
emaj-66	155	540	first	first	ADJ
emaj-66	155	541	difference	difference	NOUN
emaj-66	155	542	jan	jan	PROPN
emaj-66	155	543	,	,	PUNCT
emaj-66	155	544	05	05	NUM
emaj-66	155	545	nov	nov	PROPN
emaj-66	155	546	,	,	PUNCT
emaj-66	155	547	07	07	NUM
emaj-66	155	548	at	at	ADP
emaj-66	155	549	first	first	ADJ
emaj-66	155	550	difference	difference	NOUN
emaj-66	155	551	dec	dec	PROPN
emaj-66	155	552	,	,	PUNCT
emaj-66	155	553	07	07	NUM
emaj-66	155	554	june,09	june,09	NOUN
emaj-66	155	555	at	at	ADP
emaj-66	155	556	first	first	ADJ
emaj-66	155	557	difference	difference	NOUN
emaj-66	155	558	july	july	PROPN
emaj-66	155	559	,	,	PUNCT
emaj-66	155	560	09	09	NUM
emaj-66	155	561	dec	dec	PROPN
emaj-66	155	562	,	,	PUNCT
emaj-66	155	563	13	13	NUM
emaj-66	155	564	tstati	tstati	NOUN
emaj-66	155	565	stic	stic	ADJ
emaj-66	155	566	prob	prob	NOUN
emaj-66	155	567	.	.	PUNCT
emaj-66	156	1	*	*	PUNCT
emaj-66	156	2	tstati	tstati	PROPN
emaj-66	156	3	stic	stic	ADJ
emaj-66	156	4	prob	prob	NOUN
emaj-66	156	5	.	.	PUNCT
emaj-66	157	1	*	*	PUNCT
emaj-66	157	2	tstati	tstati	PROPN
emaj-66	157	3	stic	stic	ADJ
emaj-66	157	4	prob	prob	PROPN
emaj-66	157	5	.	.	PUNCT
emaj-66	157	6	*	*	PUNCT
emaj-66	157	7	augmented	augment	VERB
emaj-66	157	8	dickey	dickey	PROPN
emaj-66	157	9	-	-	PUNCT
emaj-66	157	10	fuller	full	ADJ
emaj-66	157	11	test	test	NOUN
emaj-66	157	12	statistic	statistic	NOUN
emaj-66	157	13	28.5	28.5	NUM
emaj-66	157	14	17	17	NUM
emaj-66	157	15	0	0	NUM
emaj-66	157	16	19.1	19.1	NUM
emaj-66	157	17	094	094	NUM
emaj-66	157	18	0	0	NUM
emaj-66	157	19	33.6	33.6	NUM
emaj-66	157	20	66	66	NUM
emaj-66	157	21	0	0	NUM
emaj-66	157	22	test	test	NOUN
emaj-66	157	23	critical	critical	ADJ
emaj-66	157	24	values	value	NOUN
emaj-66	157	25	:	:	PUNCT
emaj-66	157	26	3.43	3.43	NUM
emaj-66	157	27	861	861	NUM
emaj-66	157	28	3.44	3.44	NUM
emaj-66	157	29	69	69	NUM
emaj-66	157	30	3.43	3.43	NUM
emaj-66	157	31	59	59	NUM
emaj-66	157	32	2.86	2.86	NUM
emaj-66	157	33	507	507	NUM
emaj-66	157	34	2.86	2.86	NUM
emaj-66	157	35	87	87	NUM
emaj-66	157	36	2.86	2.86	NUM
emaj-66	157	37	39	39	NUM
emaj-66	157	38	2.56	2.56	NUM
emaj-66	157	39	871	871	NUM
emaj-66	157	40	2.57	2.57	NUM
emaj-66	157	41	06	06	NUM
emaj-66	157	42	2.56	2.56	NUM
emaj-66	157	43	80	80	NUM
emaj-66	157	44	table	table	NOUN
emaj-66	157	45	1	1	NUM
emaj-66	157	46	:	:	PUNCT
emaj-66	157	47	the	the	DET
emaj-66	157	48	results	result	NOUN
emaj-66	157	49	of	of	ADP
emaj-66	157	50	adf	adf	NOUN
emaj-66	157	51	test	test	NOUN
emaj-66	157	52	on	on	ADP
emaj-66	157	53	usd	usd	NOUN
emaj-66	157	54	exchange	exchange	NOUN
emaj-66	157	55	rate	rate	NOUN
emaj-66	157	56	(	(	PUNCT
emaj-66	157	57	at	at	ADP
emaj-66	157	58	level	level	NOUN
emaj-66	157	59	)	)	PUNCT
emaj-66	157	60	at	at	ADP
emaj-66	157	61	level	level	NOUN
emaj-66	157	62	jan	jan	PROPN
emaj-66	157	63	,	,	PUNCT
emaj-66	157	64	05	05	NUM
emaj-66	157	65	nov	nov	PROPN
emaj-66	157	66	,	,	PUNCT
emaj-66	157	67	07	07	NUM
emaj-66	157	68	at	at	ADP
emaj-66	157	69	level	level	NOUN
emaj-66	157	70	dec	dec	PROPN
emaj-66	157	71	,	,	PUNCT
emaj-66	157	72	07	07	NUM
emaj-66	157	73	june,09	june,09	NOUN
emaj-66	157	74	at	at	ADP
emaj-66	157	75	level	level	NOUN
emaj-66	157	76	july	july	PROPN
emaj-66	157	77	,	,	PUNCT
emaj-66	157	78	09	09	NUM
emaj-66	157	79	dec	dec	PROPN
emaj-66	157	80	,	,	PUNCT
emaj-66	157	81	13	13	NUM
emaj-66	157	82	tstati	tstati	NOUN
emaj-66	157	83	stic	stic	ADJ
emaj-66	157	84	prob	prob	NOUN
emaj-66	157	85	.	.	PUNCT
emaj-66	158	1	*	*	PUNCT
emaj-66	158	2	tstati	tstati	PROPN
emaj-66	158	3	stic	stic	ADJ
emaj-66	158	4	prob	prob	NOUN
emaj-66	158	5	.	.	PUNCT
emaj-66	159	1	*	*	PUNCT
emaj-66	159	2	tstati	tstati	PROPN
emaj-66	159	3	stic	stic	ADJ
emaj-66	159	4	prob	prob	PROPN
emaj-66	159	5	.	.	PUNCT
emaj-66	159	6	*	*	PUNCT
emaj-66	159	7	augmented	augment	VERB
emaj-66	159	8	dickey	dickey	PROPN
emaj-66	159	9	-	-	PUNCT
emaj-66	159	10	fuller	full	ADJ
emaj-66	159	11	test	test	NOUN
emaj-66	159	12	statistic	statistic	NOUN
emaj-66	159	13	0.24	0.24	NUM
emaj-66	159	14	8395	8395	NUM
emaj-66	159	15	0.97	0.97	NUM
emaj-66	159	16	54	54	NUM
emaj-66	159	17	1.07	1.07	NUM
emaj-66	159	18	085	085	NUM
emaj-66	159	19	0.72	0.72	NUM
emaj-66	159	20	83	83	NUM
emaj-66	159	21	0.14	0.14	NUM
emaj-66	159	22	11	11	NUM
emaj-66	159	23	0.943	0.943	NUM
emaj-66	159	24	test	test	NOUN
emaj-66	159	25	criti	criti	NOUN
emaj-66	159	26	cal	cal	X
emaj-66	159	27	valu	valu	PROPN
emaj-66	159	28	es	es	NOUN
emaj-66	159	29	:	:	PUNCT
emaj-66	159	30	3.4385	3.4385	NUM
emaj-66	159	31	8	8	NUM
emaj-66	159	32	3.44	3.44	NUM
emaj-66	159	33	69	69	NUM
emaj-66	159	34	3.43	3.43	NUM
emaj-66	159	35	59	59	NUM
emaj-66	159	36	2.8650	2.8650	NUM
emaj-66	159	37	6	6	NUM
emaj-66	159	38	2.86	2.86	NUM
emaj-66	159	39	87	87	NUM
emaj-66	159	40	2.86	2.86	NUM
emaj-66	159	41	39	39	NUM
emaj-66	159	42	-2.5687	-2.5687	NOUN
emaj-66	159	43	2.57	2.57	NUM
emaj-66	159	44	06	06	NUM
emaj-66	159	45	2.56	2.56	NUM
emaj-66	159	46	80	80	NUM
emaj-66	159	47	table	table	NOUN
emaj-66	159	48	2	2	NUM
emaj-66	159	49	:	:	PUNCT
emaj-66	159	50	the	the	DET
emaj-66	159	51	results	result	NOUN
emaj-66	159	52	of	of	ADP
emaj-66	159	53	adf	adf	NOUN
emaj-66	159	54	test	test	NOUN
emaj-66	159	55	on	on	ADP
emaj-66	159	56	usd	usd	NOUN
emaj-66	159	57	exchange	exchange	NOUN
emaj-66	159	58	rate	rate	NOUN
emaj-66	159	59	(	(	PUNCT
emaj-66	159	60	at	at	ADP
emaj-66	159	61	first	first	ADJ
emaj-66	159	62	difference	difference	NOUN
emaj-66	159	63	)	)	PUNCT
emaj-66	159	64	at	at	ADP
emaj-66	159	65	first	first	ADJ
emaj-66	159	66	difference	difference	NOUN
emaj-66	159	67	jan	jan	PROPN
emaj-66	159	68	,	,	PUNCT
emaj-66	159	69	05	05	NUM
emaj-66	159	70	nov	nov	PROPN
emaj-66	159	71	,	,	PUNCT
emaj-66	159	72	07	07	NUM
emaj-66	159	73	at	at	ADP
emaj-66	159	74	first	first	ADJ
emaj-66	159	75	difference	difference	NOUN
emaj-66	159	76	dec	dec	PROPN
emaj-66	159	77	,	,	PUNCT
emaj-66	159	78	07	07	NUM
emaj-66	159	79	june,09	june,09	NOUN
emaj-66	159	80	at	at	ADP
emaj-66	159	81	first	first	ADJ
emaj-66	159	82	difference	difference	NOUN
emaj-66	159	83	july	july	PROPN
emaj-66	159	84	,	,	PUNCT
emaj-66	159	85	09	09	NUM
emaj-66	159	86	dec	dec	PROPN
emaj-66	159	87	,	,	PUNCT
emaj-66	159	88	13	13	NUM
emaj-66	159	89	tstati	tstati	NOUN
emaj-66	159	90	stic	stic	ADJ
emaj-66	159	91	prob	prob	NOUN
emaj-66	159	92	.	.	PUNCT
emaj-66	160	1	*	*	PUNCT
emaj-66	160	2	tstati	tstati	PROPN
emaj-66	160	3	stic	stic	ADJ
emaj-66	160	4	prob	prob	NOUN
emaj-66	160	5	.	.	PUNCT
emaj-66	161	1	*	*	PUNCT
emaj-66	161	2	tstati	tstati	PROPN
emaj-66	161	3	stic	stic	ADJ
emaj-66	161	4	prob	prob	PROPN
emaj-66	161	5	.	.	PUNCT
emaj-66	161	6	*	*	PUNCT
emaj-66	161	7	augmented	augment	VERB
emaj-66	161	8	dickey	dickey	PROPN
emaj-66	161	9	-	-	PUNCT
emaj-66	161	10	fuller	full	ADJ
emaj-66	161	11	test	test	NOUN
emaj-66	161	12	statistic	statistic	NOUN
emaj-66	161	13	29.2	29.2	NUM
emaj-66	161	14	206	206	NUM
emaj-66	161	15	0	0	NUM
emaj-66	161	16	19.3	19.3	NUM
emaj-66	161	17	025	025	NUM
emaj-66	161	18	0	0	NUM
emaj-66	161	19	30.0	30.0	NUM
emaj-66	161	20	78	78	NUM
emaj-66	161	21	0	0	NUM
emaj-66	161	22	test	test	NOUN
emaj-66	161	23	criti	criti	NOUN
emaj-66	161	24	cal	cal	X
emaj-66	161	25	valu	valu	PROPN
emaj-66	161	26	es	es	NOUN
emaj-66	161	27	:	:	PUNCT
emaj-66	161	28	3.4385	3.4385	NUM
emaj-66	161	29	9	9	NUM
emaj-66	161	30	3.44	3.44	NUM
emaj-66	161	31	69	69	NUM
emaj-66	161	32	3.43	3.43	NUM
emaj-66	161	33	59	59	NUM
emaj-66	161	34	2.8650	2.8650	NUM
emaj-66	161	35	7	7	NUM
emaj-66	161	36	2.86	2.86	NUM
emaj-66	161	37	87	87	NUM
emaj-66	161	38	2.86	2.86	NUM
emaj-66	161	39	39	39	NUM
emaj-66	161	40	-2.5687	-2.5687	NOUN
emaj-66	161	41	2.57	2.57	NUM
emaj-66	161	42	06	06	NUM
emaj-66	161	43	2.56	2.56	NUM
emaj-66	161	44	80	80	NUM
emaj-66	161	45	since	since	SCONJ
emaj-66	161	46	the	the	DET
emaj-66	161	47	calculated	calculated	ADJ
emaj-66	161	48	tstatistics	tstatistic	NOUN
emaj-66	161	49	is	be	AUX
emaj-66	161	50	less	less	ADJ
emaj-66	161	51	than	than	ADP
emaj-66	161	52	the	the	DET
emaj-66	161	53	critical	critical	ADJ
emaj-66	161	54	value	value	NOUN
emaj-66	161	55	at	at	ADP
emaj-66	161	56	various	various	ADJ
emaj-66	161	57	test	test	NOUN
emaj-66	161	58	critical	critical	ADJ
emaj-66	161	59	levels	level	NOUN
emaj-66	161	60	for	for	ADP
emaj-66	161	61	both	both	CCONJ
emaj-66	161	62	the	the	DET
emaj-66	161	63	series	series	NOUN
emaj-66	161	64	,	,	PUNCT
emaj-66	161	65	we	we	PRON
emaj-66	161	66	have	have	VERB
emaj-66	161	67	to	to	PART
emaj-66	161	68	accept	accept	VERB
emaj-66	161	69	the	the	DET
emaj-66	161	70	null	null	ADJ
emaj-66	161	71	hypothesis	hypothesis	NOUN
emaj-66	161	72	that	that	SCONJ
emaj-66	161	73	the	the	DET
emaj-66	161	74	future	future	NOUN
emaj-66	161	75	and	and	CCONJ
emaj-66	161	76	the	the	DET
emaj-66	161	77	spot	spot	NOUN
emaj-66	161	78	prices	price	NOUN
emaj-66	161	79	have	have	VERB
emaj-66	161	80	a	a	DET
emaj-66	161	81	unit	unit	NOUN
emaj-66	161	82	root	root	NOUN
emaj-66	161	83	and	and	CCONJ
emaj-66	161	84	the	the	DET
emaj-66	161	85	series	series	NOUN
emaj-66	161	86	are	be	AUX
emaj-66	161	87	not	not	PART
emaj-66	161	88	stationary	stationary	ADJ
emaj-66	161	89	.	.	PUNCT
emaj-66	162	1	correspondingly	correspondingly	ADV
emaj-66	162	2	,	,	PUNCT
emaj-66	162	3	the	the	DET
emaj-66	162	4	adf	adf	PROPN
emaj-66	162	5	test	test	NOUN
emaj-66	162	6	was	be	AUX
emaj-66	162	7	conducted	conduct	VERB
emaj-66	162	8	at	at	ADP
emaj-66	162	9	the	the	DET
emaj-66	162	10	first	first	ADJ
emaj-66	162	11	level	level	NOUN
emaj-66	162	12	difference	difference	NOUN
emaj-66	162	13	and	and	CCONJ
emaj-66	162	14	the	the	DET
emaj-66	162	15	results	result	NOUN
emaj-66	162	16	derived	derive	VERB
emaj-66	162	17	indicated	indicate	VERB
emaj-66	162	18	that	that	SCONJ
emaj-66	162	19	since	since	SCONJ
emaj-66	162	20	the	the	DET
emaj-66	162	21	absolute	absolute	ADJ
emaj-66	162	22	tstatistics	tstatistic	NOUN
emaj-66	162	23	is	be	AUX
emaj-66	162	24	more	more	ADJ
emaj-66	162	25	than	than	ADP
emaj-66	162	26	the	the	DET
emaj-66	162	27	critical	critical	ADJ
emaj-66	162	28	value	value	NOUN
emaj-66	162	29	,	,	PUNCT
emaj-66	162	30	we	we	PRON
emaj-66	162	31	reject	reject	VERB
emaj-66	162	32	the	the	DET
emaj-66	162	33	null	null	ADJ
emaj-66	162	34	hypothesis	hypothesis	NOUN
emaj-66	162	35	meaning	mean	VERB
emaj-66	162	36	that	that	SCONJ
emaj-66	162	37	the	the	DET
emaj-66	162	38	data	data	NOUN
emaj-66	162	39	is	be	AUX
emaj-66	162	40	stationary	stationary	ADJ
emaj-66	162	41	at	at	ADP
emaj-66	162	42	first	first	ADJ
emaj-66	162	43	difference	difference	NOUN
emaj-66	162	44	.	.	PUNCT
emaj-66	163	1	therefore	therefore	ADV
emaj-66	163	2	,	,	PUNCT
emaj-66	163	3	since	since	SCONJ
emaj-66	163	4	the	the	DET
emaj-66	163	5	data	data	NOUN
emaj-66	163	6	is	be	AUX
emaj-66	163	7	integrated	integrate	VERB
emaj-66	163	8	of	of	ADP
emaj-66	163	9	the	the	DET
emaj-66	163	10	same	same	ADJ
emaj-66	163	11	order	order	NOUN
emaj-66	163	12	and	and	CCONJ
emaj-66	163	13	we	we	PRON
emaj-66	163	14	can	can	AUX
emaj-66	163	15	apply	apply	VERB
emaj-66	163	16	the	the	DET
emaj-66	163	17	johansen	johansen	PROPN
emaj-66	163	18	cointegration	cointegration	PROPN
emaj-66	163	19	test	test	NOUN
emaj-66	163	20	.	.	PUNCT
emaj-66	164	1	volume	volume	NOUN
emaj-66	164	2	5	5	NUM
emaj-66	164	3	no	no	DET
emaj-66	164	4	1	1	NUM
emaj-66	164	5	(	(	PUNCT
emaj-66	164	6	2015	2015	NUM
emaj-66	164	7	)	)	PUNCT
emaj-66	164	8	|	|	ADV
emaj-66	164	9	issn	issn	VERB
emaj-66	164	10	2158	2158	NUM
emaj-66	164	11	-	-	SYM
emaj-66	164	12	8708	8708	NUM
emaj-66	164	13	(	(	PUNCT
emaj-66	164	14	online	online	NOUN
emaj-66	164	15	)	)	PUNCT
emaj-66	164	16	|	|	ADV
emaj-66	164	17	doi	doi	X
emaj-66	164	18	10.5195	10.5195	NUM
emaj-66	164	19	/	/	SYM
emaj-66	164	20	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	165	1	|	|	ADV
emaj-66	165	2	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	165	3	girish	girish	PROPN
emaj-66	165	4	karunakaran	karunakaran	PROPN
emaj-66	165	5	nair	nair	PROPN
emaj-66	165	6	,	,	PUNCT
emaj-66	165	7	nidhi	nidhi	PROPN
emaj-66	165	8	choudhary	choudhary	PROPN
emaj-66	165	9	,	,	PUNCT
emaj-66	165	10	harsh	harsh	PROPN
emaj-66	165	11	purohit	purohit	ADJ
emaj-66	165	12	emerging	emerge	VERB
emaj-66	165	13	markets	market	NOUN
emaj-66	165	14	journal	journal	NOUN
emaj-66	165	15	|	|	ADV
emaj-66	165	16	p	p	NOUN
emaj-66	165	17	a	a	DET
emaj-66	165	18	g	g	NOUN
emaj-66	165	19	e	e	NOUN
emaj-66	165	20	|23	|23	NOUN
emaj-66	165	21	table	table	NOUN
emaj-66	165	22	3	3	NUM
emaj-66	165	23	:	:	PUNCT
emaj-66	165	24	the	the	DET
emaj-66	165	25	results	result	NOUN
emaj-66	165	26	of	of	ADP
emaj-66	165	27	johansen	johansen	PROPN
emaj-66	165	28	co	co	PROPN
emaj-66	165	29	-	-	NOUN
emaj-66	165	30	integration	integration	NOUN
emaj-66	165	31	test	test	NOUN
emaj-66	165	32	between	between	ADP
emaj-66	165	33	gold	gold	ADJ
emaj-66	165	34	usd	usd	NOUN
emaj-66	165	35	exchange	exchange	NOUN
emaj-66	165	36	rate	rate	NOUN
emaj-66	165	37	pre	pre	X
emaj-66	165	38	recession	recession	NOUN
emaj-66	165	39	unrestricted	unrestricted	ADJ
emaj-66	165	40	co	co	NOUN
emaj-66	165	41	-	-	NOUN
emaj-66	165	42	integration	integration	NOUN
emaj-66	165	43	rank	rank	NOUN
emaj-66	165	44	test	test	NOUN
emaj-66	165	45	(	(	PUNCT
emaj-66	165	46	trace	trace	NOUN
emaj-66	165	47	)	)	PUNCT
emaj-66	165	48	hypothesized	hypothesize	VERB
emaj-66	165	49	trace	trace	NOUN
emaj-66	165	50	0.05	0.05	NUM
emaj-66	165	51	no	no	NOUN
emaj-66	165	52	.	.	PUNCT
emaj-66	165	53	of	of	ADP
emaj-66	165	54	ce(s	ce(s	ADV
emaj-66	165	55	)	)	PUNCT
emaj-66	165	56	eigen	eigen	PROPN
emaj-66	165	57	value	value	NOUN
emaj-66	165	58	statistic	statistic	NOUN
emaj-66	165	59	critical	critical	ADJ
emaj-66	165	60	value	value	NOUN
emaj-66	165	61	prob	prob	NOUN
emaj-66	165	62	.	.	PUNCT
emaj-66	166	1	*	*	PUNCT
emaj-66	167	1	*	*	PUNCT
emaj-66	167	2	none	none	NOUN
emaj-66	167	3	0.004582	0.004582	NUM
emaj-66	167	4	32.9323	32.9323	NUM
emaj-66	167	5	15.49471	15.49471	NUM
emaj-66	167	6	0	0	NUM
emaj-66	167	7	at	at	ADP
emaj-66	167	8	most	most	ADJ
emaj-66	167	9	1	1	NUM
emaj-66	167	10	0.000521	0.000521	NUM
emaj-66	167	11	0.400548	0.400548	NUM
emaj-66	167	12	3.841466	3.841466	NUM
emaj-66	167	13	0.5268	0.5268	NUM
emaj-66	167	14	unrestricted	unrestricted	ADJ
emaj-66	167	15	co	co	NOUN
emaj-66	167	16	-	-	NOUN
emaj-66	167	17	integration	integration	NOUN
emaj-66	167	18	rank	rank	NOUN
emaj-66	167	19	test	test	NOUN
emaj-66	167	20	(	(	PUNCT
emaj-66	167	21	maximum	maximum	ADJ
emaj-66	167	22	eigen	eigen	PROPN
emaj-66	167	23	value	value	NOUN
emaj-66	167	24	)	)	PUNCT
emaj-66	167	25	hypothesized	hypothesize	VERB
emaj-66	167	26	maxeigen	maxeigen	PROPN
emaj-66	167	27	0.05	0.05	NUM
emaj-66	167	28	no	no	NOUN
emaj-66	167	29	.	.	PUNCT
emaj-66	167	30	of	of	ADP
emaj-66	167	31	ce(s	ce(s	ADV
emaj-66	167	32	)	)	PUNCT
emaj-66	167	33	eigen	eigen	PROPN
emaj-66	167	34	value	value	NOUN
emaj-66	167	35	statistic	statistic	NOUN
emaj-66	167	36	critical	critical	ADJ
emaj-66	167	37	value	value	NOUN
emaj-66	167	38	prob	prob	NOUN
emaj-66	167	39	.	.	PUNCT
emaj-66	168	1	*	*	PUNCT
emaj-66	169	1	*	*	PUNCT
emaj-66	169	2	none	none	NOUN
emaj-66	169	3	0.004582	0.004582	NUM
emaj-66	169	4	3.531749	3.531749	NUM
emaj-66	169	5	14.2646	14.2646	NUM
emaj-66	169	6	0.0012	0.0012	NUM
emaj-66	169	7	at	at	ADP
emaj-66	169	8	most	most	ADJ
emaj-66	169	9	1	1	NUM
emaj-66	169	10	0.000521	0.000521	NUM
emaj-66	169	11	0.400548	0.400548	NUM
emaj-66	169	12	3.841466	3.841466	NUM
emaj-66	169	13	0.5268	0.5268	NUM
emaj-66	169	14	during	during	ADP
emaj-66	169	15	recession	recession	NOUN
emaj-66	169	16	unrestricted	unrestricted	ADJ
emaj-66	169	17	co	co	NOUN
emaj-66	169	18	-	-	NOUN
emaj-66	169	19	integration	integration	NOUN
emaj-66	169	20	rank	rank	NOUN
emaj-66	169	21	test	test	NOUN
emaj-66	169	22	(	(	PUNCT
emaj-66	169	23	trace	trace	NOUN
emaj-66	169	24	)	)	PUNCT
emaj-66	169	25	hypothesized	hypothesize	VERB
emaj-66	169	26	trace	trace	NOUN
emaj-66	169	27	0.05	0.05	NUM
emaj-66	169	28	no	no	NOUN
emaj-66	169	29	.	.	PUNCT
emaj-66	169	30	of	of	ADP
emaj-66	169	31	ce(s	ce(s	ADV
emaj-66	169	32	)	)	PUNCT
emaj-66	169	33	eigen	eigen	PROPN
emaj-66	169	34	value	value	NOUN
emaj-66	169	35	statistic	statistic	NOUN
emaj-66	169	36	critical	critical	ADJ
emaj-66	169	37	value	value	NOUN
emaj-66	169	38	prob	prob	NOUN
emaj-66	169	39	.	.	PUNCT
emaj-66	170	1	*	*	PUNCT
emaj-66	171	1	*	*	PUNCT
emaj-66	171	2	none	none	NOUN
emaj-66	171	3	0.017699	0.017699	NUM
emaj-66	171	4	8.37506	8.37506	NUM
emaj-66	171	5	15.49471	15.49471	NUM
emaj-66	171	6	0.0017	0.0017	NUM
emaj-66	171	7	at	at	ADP
emaj-66	171	8	most	most	ADJ
emaj-66	171	9	1	1	NUM
emaj-66	171	10	0.003889	0.003889	NUM
emaj-66	171	11	1.500057	1.500057	NUM
emaj-66	171	12	3.841466	3.841466	NUM
emaj-66	171	13	0.2207	0.2207	NUM
emaj-66	171	14	unrestricted	unrestricted	ADJ
emaj-66	171	15	co	co	NOUN
emaj-66	171	16	-	-	NOUN
emaj-66	171	17	integration	integration	NOUN
emaj-66	171	18	rank	rank	NOUN
emaj-66	171	19	test	test	NOUN
emaj-66	171	20	(	(	PUNCT
emaj-66	171	21	maximum	maximum	ADJ
emaj-66	171	22	eigen	eigen	PROPN
emaj-66	171	23	value	value	NOUN
emaj-66	171	24	)	)	PUNCT
emaj-66	171	25	hypothesized	hypothesize	VERB
emaj-66	171	26	maxeigen	maxeigen	PROPN
emaj-66	171	27	0.05	0.05	NUM
emaj-66	171	28	no	no	NOUN
emaj-66	171	29	.	.	PUNCT
emaj-66	172	1	of	of	ADP
emaj-66	172	2	ce(s	ce(s	ADV
emaj-66	172	3	)	)	PUNCT
emaj-66	172	4	eigen	eigen	PROPN
emaj-66	172	5	value	value	NOUN
emaj-66	172	6	statistic	statistic	NOUN
emaj-66	172	7	critical	critical	ADJ
emaj-66	172	8	value	value	NOUN
emaj-66	172	9	prob	prob	NOUN
emaj-66	172	10	.	.	PUNCT
emaj-66	173	1	*	*	PUNCT
emaj-66	174	1	*	*	PUNCT
emaj-66	174	2	none	none	NOUN
emaj-66	174	3	0.017699	0.017699	NUM
emaj-66	174	4	6.875003	6.875003	NUM
emaj-66	174	5	14.2646	14.2646	NUM
emaj-66	174	6	0.0201	0.0201	NUM
emaj-66	174	7	at	at	ADP
emaj-66	174	8	most	most	ADJ
emaj-66	174	9	1	1	NUM
emaj-66	174	10	0.003889	0.003889	NUM
emaj-66	174	11	1.500057	1.500057	NUM
emaj-66	174	12	3.841466	3.841466	NUM
emaj-66	174	13	0.2207	0.2207	NUM
emaj-66	174	14	post	post	NOUN
emaj-66	174	15	recession	recession	NOUN
emaj-66	174	16	unrestricted	unrestricted	ADJ
emaj-66	174	17	co	co	NOUN
emaj-66	174	18	-	-	NOUN
emaj-66	174	19	integration	integration	NOUN
emaj-66	174	20	rank	rank	NOUN
emaj-66	174	21	test	test	NOUN
emaj-66	174	22	(	(	PUNCT
emaj-66	174	23	trace	trace	NOUN
emaj-66	174	24	)	)	PUNCT
emaj-66	174	25	hypothesized	hypothesize	VERB
emaj-66	174	26	trace	trace	NOUN
emaj-66	174	27	0.05	0.05	NUM
emaj-66	174	28	no	no	NOUN
emaj-66	174	29	.	.	PUNCT
emaj-66	174	30	of	of	ADP
emaj-66	174	31	ce(s	ce(s	ADV
emaj-66	174	32	)	)	PUNCT
emaj-66	174	33	eigen	eigen	PROPN
emaj-66	174	34	value	value	NOUN
emaj-66	174	35	statistic	statistic	NOUN
emaj-66	174	36	critical	critical	ADJ
emaj-66	174	37	value	value	NOUN
emaj-66	174	38	prob	prob	NOUN
emaj-66	174	39	.	.	PUNCT
emaj-66	175	1	*	*	PUNCT
emaj-66	176	1	*	*	PUNCT
emaj-66	176	2	none	none	NOUN
emaj-66	176	3	0.005756	0.005756	NUM
emaj-66	176	4	7.56101	7.56101	NUM
emaj-66	176	5	15.49471	15.49471	NUM
emaj-66	176	6	0.0178	0.0178	NUM
emaj-66	176	7	at	at	ADP
emaj-66	176	8	most	most	ADJ
emaj-66	176	9	1	1	NUM
emaj-66	176	10	0.001008	0.001008	NUM
emaj-66	176	11	1.124482	1.124482	NUM
emaj-66	176	12	3.841466	3.841466	NUM
emaj-66	176	13	0.289	0.289	NUM
emaj-66	176	14	unrestricted	unrestricted	ADJ
emaj-66	176	15	co	co	NOUN
emaj-66	176	16	-	-	NOUN
emaj-66	176	17	integration	integration	NOUN
emaj-66	176	18	rank	rank	NOUN
emaj-66	176	19	test	test	NOUN
emaj-66	176	20	(	(	PUNCT
emaj-66	176	21	maximum	maximum	ADJ
emaj-66	176	22	eigen	eigen	PROPN
emaj-66	176	23	value	value	NOUN
emaj-66	176	24	)	)	PUNCT
emaj-66	176	25	hypothesized	hypothesize	VERB
emaj-66	176	26	maxeigen	maxeigen	PROPN
emaj-66	176	27	0.05	0.05	NUM
emaj-66	176	28	no	no	NOUN
emaj-66	176	29	.	.	PUNCT
emaj-66	176	30	of	of	ADP
emaj-66	176	31	ce(s	ce(s	ADV
emaj-66	176	32	)	)	PUNCT
emaj-66	176	33	eigen	eigen	PROPN
emaj-66	176	34	value	value	NOUN
emaj-66	176	35	statistic	statistic	NOUN
emaj-66	176	36	critical	critical	ADJ
emaj-66	176	37	value	value	NOUN
emaj-66	176	38	prob	prob	NOUN
emaj-66	176	39	.	.	PUNCT
emaj-66	177	1	*	*	PUNCT
emaj-66	178	1	*	*	PUNCT
emaj-66	178	2	none	none	NOUN
emaj-66	178	3	0.005756	0.005756	NUM
emaj-66	178	4	6.436527	6.436527	NUM
emaj-66	178	5	14.2646	14.2646	NUM
emaj-66	178	6	0.0035	0.0035	NUM
emaj-66	178	7	at	at	ADP
emaj-66	178	8	most	most	ADJ
emaj-66	178	9	1	1	NUM
emaj-66	178	10	0.001008	0.001008	NUM
emaj-66	178	11	1.124482	1.124482	NUM
emaj-66	178	12	3.841466	3.841466	NUM
emaj-66	178	13	0.289	0.289	NUM
emaj-66	178	14	in	in	ADP
emaj-66	178	15	all	all	DET
emaj-66	178	16	the	the	DET
emaj-66	178	17	three	three	NUM
emaj-66	178	18	cases	case	NOUN
emaj-66	178	19	,	,	PUNCT
emaj-66	178	20	the	the	DET
emaj-66	178	21	johansen	johansen	PROPN
emaj-66	178	22	cointegration	cointegration	PROPN
emaj-66	178	23	test	test	NOUN
emaj-66	178	24	is	be	AUX
emaj-66	178	25	conducted	conduct	VERB
emaj-66	178	26	with	with	ADP
emaj-66	178	27	two	two	NUM
emaj-66	178	28	hypotheses	hypothesis	NOUN
emaj-66	178	29	.	.	PUNCT
emaj-66	179	1	the	the	DET
emaj-66	179	2	first	first	ADJ
emaj-66	179	3	one	one	NOUN
emaj-66	179	4	says	say	VERB
emaj-66	179	5	that	that	SCONJ
emaj-66	179	6	there	there	PRON
emaj-66	179	7	is	be	VERB
emaj-66	179	8	no	no	DET
emaj-66	179	9	co	co	NOUN
emaj-66	179	10	–	–	NOUN
emaj-66	179	11	integration	integration	NOUN
emaj-66	179	12	between	between	ADP
emaj-66	179	13	the	the	DET
emaj-66	179	14	variables	variable	NOUN
emaj-66	179	15	under	under	ADP
emaj-66	179	16	study	study	NOUN
emaj-66	179	17	.	.	PUNCT
emaj-66	180	1	the	the	DET
emaj-66	180	2	next	next	ADJ
emaj-66	180	3	hypothesis	hypothesis	NOUN
emaj-66	180	4	stays	stay	VERB
emaj-66	180	5	that	that	SCONJ
emaj-66	180	6	there	there	PRON
emaj-66	180	7	is	be	VERB
emaj-66	180	8	co	co	NOUN
emaj-66	180	9	-	-	NOUN
emaj-66	180	10	integration	integration	NOUN
emaj-66	180	11	in	in	ADP
emaj-66	180	12	at	at	ADP
emaj-66	180	13	most	most	ADV
emaj-66	180	14	one	one	NUM
emaj-66	180	15	case	case	NOUN
emaj-66	180	16	.	.	PUNCT
emaj-66	181	1	the	the	DET
emaj-66	181	2	hypothesis	hypothesis	NOUN
emaj-66	181	3	is	be	AUX
emaj-66	181	4	accepted	accept	VERB
emaj-66	181	5	since	since	SCONJ
emaj-66	181	6	the	the	DET
emaj-66	181	7	corresponding	correspond	VERB
emaj-66	181	8	p	p	NOUN
emaj-66	181	9	value	value	NOUN
emaj-66	181	10	is	be	AUX
emaj-66	181	11	more	more	ADJ
emaj-66	181	12	than	than	ADP
emaj-66	181	13	5	5	NUM
emaj-66	181	14	%	%	NOUN
emaj-66	181	15	.	.	PUNCT
emaj-66	182	1	the	the	DET
emaj-66	182	2	eigen	eigen	PROPN
emaj-66	182	3	values	value	NOUN
emaj-66	182	4	in	in	ADP
emaj-66	182	5	this	this	DET
emaj-66	182	6	case	case	NOUN
emaj-66	182	7	also	also	ADV
emaj-66	182	8	give	give	VERB
emaj-66	182	9	the	the	DET
emaj-66	182	10	same	same	ADJ
emaj-66	182	11	result	result	NOUN
emaj-66	182	12	.	.	PUNCT
emaj-66	183	1	therefore	therefore	ADV
emaj-66	183	2	,	,	PUNCT
emaj-66	183	3	it	it	PRON
emaj-66	183	4	can	can	AUX
emaj-66	183	5	be	be	AUX
emaj-66	183	6	concluded	conclude	VERB
emaj-66	183	7	that	that	SCONJ
emaj-66	183	8	the	the	DET
emaj-66	183	9	two	two	NUM
emaj-66	183	10	variables	variable	NOUN
emaj-66	183	11	under	under	ADP
emaj-66	183	12	study	study	NOUN
emaj-66	183	13	have	have	VERB
emaj-66	183	14	long	long	ADV
emaj-66	183	15	run	run	NOUN
emaj-66	183	16	relationship	relationship	NOUN
emaj-66	183	17	.	.	PUNCT
emaj-66	184	1	since	since	SCONJ
emaj-66	184	2	the	the	DET
emaj-66	184	3	two	two	NUM
emaj-66	184	4	variables	variable	NOUN
emaj-66	184	5	have	have	VERB
emaj-66	184	6	long	long	ADV
emaj-66	184	7	run	run	NOUN
emaj-66	184	8	relationship	relationship	NOUN
emaj-66	184	9	,	,	PUNCT
emaj-66	184	10	the	the	DET
emaj-66	184	11	granger	granger	PROPN
emaj-66	184	12	causality	causality	PROPN
emaj-66	184	13	test	test	NOUN
emaj-66	184	14	was	be	AUX
emaj-66	184	15	conducted	conduct	VERB
emaj-66	184	16	to	to	PART
emaj-66	184	17	check	check	VERB
emaj-66	184	18	the	the	DET
emaj-66	184	19	lead	lead	NOUN
emaj-66	184	20	lag	lag	NOUN
emaj-66	184	21	relation	relation	NOUN
emaj-66	184	22	between	between	ADP
emaj-66	184	23	them	they	PRON
emaj-66	184	24	.	.	PUNCT
emaj-66	185	1	since	since	SCONJ
emaj-66	185	2	the	the	DET
emaj-66	185	3	data	data	NOUN
emaj-66	185	4	series	series	NOUN
emaj-66	185	5	becomes	become	VERB
emaj-66	185	6	stationary	stationary	ADJ
emaj-66	185	7	at	at	ADP
emaj-66	185	8	first	first	ADJ
emaj-66	185	9	difference	difference	NOUN
emaj-66	185	10	,	,	PUNCT
emaj-66	185	11	the	the	DET
emaj-66	185	12	test	test	NOUN
emaj-66	185	13	uses	use	VERB
emaj-66	185	14	the	the	DET
emaj-66	185	15	first	first	ADJ
emaj-66	185	16	difference	difference	NOUN
emaj-66	185	17	of	of	ADP
emaj-66	185	18	the	the	DET
emaj-66	185	19	original	original	ADJ
emaj-66	185	20	series	series	NOUN
emaj-66	185	21	.	.	PUNCT
emaj-66	186	1	the	the	DET
emaj-66	186	2	test	test	NOUN
emaj-66	186	3	is	be	AUX
emaj-66	186	4	conducted	conduct	VERB
emaj-66	186	5	at	at	ADP
emaj-66	186	6	lag	lag	NOUN
emaj-66	186	7	which	which	PRON
emaj-66	186	8	showed	show	VERB
emaj-66	186	9	the	the	DET
emaj-66	186	10	minimum	minimum	ADJ
emaj-66	186	11	akaike	akaike	ADJ
emaj-66	186	12	information	information	NOUN
emaj-66	186	13	criterion	criterion	NOUN
emaj-66	186	14	(	(	PUNCT
emaj-66	186	15	aic	aic	PROPN
emaj-66	186	16	)	)	PUNCT
emaj-66	186	17	.	.	PUNCT
emaj-66	187	1	the	the	DET
emaj-66	187	2	minimum	minimum	ADJ
emaj-66	187	3	value	value	NOUN
emaj-66	187	4	of	of	ADP
emaj-66	187	5	aic	aic	PROPN
emaj-66	187	6	helps	help	VERB
emaj-66	187	7	us	we	PRON
emaj-66	187	8	to	to	PART
emaj-66	187	9	know	know	VERB
emaj-66	187	10	that	that	PRON
emaj-66	187	11	optimum	optimum	ADJ
emaj-66	187	12	lag	lag	NOUN
emaj-66	187	13	is	be	AUX
emaj-66	187	14	selected	select	VERB
emaj-66	187	15	while	while	SCONJ
emaj-66	187	16	conducting	conduct	VERB
emaj-66	187	17	the	the	DET
emaj-66	187	18	granger	granger	PROPN
emaj-66	187	19	causality	causality	PROPN
emaj-66	187	20	test	test	NOUN
emaj-66	187	21	.	.	PUNCT
emaj-66	188	1	the	the	DET
emaj-66	188	2	selection	selection	NOUN
emaj-66	188	3	of	of	ADP
emaj-66	188	4	inappropriate	inappropriate	ADJ
emaj-66	188	5	lag	lag	NOUN
emaj-66	188	6	can	can	AUX
emaj-66	188	7	lead	lead	VERB
emaj-66	188	8	to	to	ADP
emaj-66	188	9	skewed	skewed	ADJ
emaj-66	188	10	result	result	NOUN
emaj-66	188	11	which	which	PRON
emaj-66	188	12	in	in	ADP
emaj-66	188	13	turn	turn	NOUN
emaj-66	188	14	can	can	AUX
emaj-66	188	15	define	define	VERB
emaj-66	188	16	in	in	ADP
emaj-66	188	17	appropriate	appropriate	ADJ
emaj-66	188	18	lead	lead	NOUN
emaj-66	188	19	lag	lag	NOUN
emaj-66	188	20	relationship	relationship	NOUN
emaj-66	188	21	among	among	ADP
emaj-66	188	22	variables	variable	NOUN
emaj-66	188	23	under	under	ADP
emaj-66	188	24	study	study	NOUN
emaj-66	188	25	.	.	PUNCT
emaj-66	189	1	the	the	DET
emaj-66	189	2	test	test	NOUN
emaj-66	189	3	showed	show	VERB
emaj-66	189	4	the	the	DET
emaj-66	189	5	following	follow	VERB
emaj-66	189	6	results	result	NOUN
emaj-66	189	7	:	:	PUNCT
emaj-66	189	8	table	table	NOUN
emaj-66	189	9	4	4	NUM
emaj-66	189	10	:	:	PUNCT
emaj-66	189	11	the	the	DET
emaj-66	189	12	result	result	NOUN
emaj-66	189	13	of	of	ADP
emaj-66	189	14	pair	pair	NOUN
emaj-66	189	15	wise	wise	ADJ
emaj-66	189	16	granger	granger	PROPN
emaj-66	189	17	causality	causality	NOUN
emaj-66	189	18	tests	test	NOUN
emaj-66	189	19	between	between	ADP
emaj-66	189	20	gold	gold	ADJ
emaj-66	189	21	usd	usd	NOUN
emaj-66	189	22	exchange	exchange	NOUN
emaj-66	189	23	rate	rate	NOUN
emaj-66	189	24	fstatistic	fstatistic	ADJ
emaj-66	189	25	prob	prob	NOUN
emaj-66	189	26	.	.	PUNCT
emaj-66	190	1	decisio	decisio	PROPN
emaj-66	190	2	n	n	CCONJ
emaj-66	190	3	pre	pre	VERB
emaj-66	190	4	recession	recession	NOUN
emaj-66	190	5	null	null	ADJ
emaj-66	190	6	hypothesis	hypothesis	NOUN
emaj-66	190	7	:	:	PUNCT
emaj-66	190	8	usd1	usd1	PROPN
emaj-66	190	9	does	do	AUX
emaj-66	190	10	not	not	PART
emaj-66	190	11	granger	granger	NOUN
emaj-66	190	12	cause	cause	VERB
emaj-66	190	13	gold1	gold1	VERB
emaj-66	190	14	0.4602	0.4602	NUM
emaj-66	190	15	0.005	0.005	NUM
emaj-66	190	16	rejecte	rejecte	NOUN
emaj-66	190	17	d	d	NOUN
emaj-66	190	18	gold1	gold1	NOUN
emaj-66	190	19	does	do	AUX
emaj-66	190	20	not	not	PART
emaj-66	190	21	granger	granger	AUX
emaj-66	190	22	cause	cause	VERB
emaj-66	190	23	usd1	usd1	PROPN
emaj-66	190	24	1.01568	1.01568	NUM
emaj-66	190	25	0.008	0.008	NUM
emaj-66	190	26	3	3	NUM
emaj-66	190	27	rejecte	rejecte	NOUN
emaj-66	190	28	d	d	NOUN
emaj-66	190	29	during	during	ADP
emaj-66	190	30	recession	recession	NOUN
emaj-66	190	31	null	null	ADJ
emaj-66	190	32	hypothesis	hypothesis	NOUN
emaj-66	190	33	:	:	PUNCT
emaj-66	190	34	usd1	usd1	PROPN
emaj-66	190	35	does	do	AUX
emaj-66	190	36	not	not	PART
emaj-66	190	37	granger	granger	PROPN
emaj-66	190	38	cause	cause	VERB
emaj-66	190	39	gold1	gold1	VERB
emaj-66	190	40	1.20899	1.20899	NUM
emaj-66	190	41	0.306	0.306	NUM
emaj-66	190	42	5	5	NUM
emaj-66	190	43	accept	accept	VERB
emaj-66	190	44	ed	ed	NOUN
emaj-66	190	45	gold1	gold1	PROPN
emaj-66	190	46	does	do	AUX
emaj-66	190	47	not	not	PART
emaj-66	190	48	granger	granger	AUX
emaj-66	190	49	cause	cause	VERB
emaj-66	190	50	usd1	usd1	PROPN
emaj-66	190	51	1.63732	1.63732	NUM
emaj-66	190	52	0.164	0.164	NUM
emaj-66	190	53	2	2	NUM
emaj-66	190	54	accept	accept	VERB
emaj-66	190	55	ed	ed	NOUN
emaj-66	190	56	post	post	NOUN
emaj-66	190	57	recession	recession	NOUN
emaj-66	190	58	null	null	ADJ
emaj-66	190	59	hypothesis	hypothesis	NOUN
emaj-66	190	60	:	:	PUNCT
emaj-66	190	61	usd1	usd1	PROPN
emaj-66	190	62	does	do	AUX
emaj-66	190	63	not	not	PART
emaj-66	190	64	granger	granger	PROPN
emaj-66	190	65	cause	cause	VERB
emaj-66	190	66	gold1	gold1	VERB
emaj-66	190	67	5.74535	5.74535	NUM
emaj-66	190	68	0.000	0.000	NUM
emaj-66	190	69	1	1	NUM
emaj-66	190	70	rejecte	rejecte	NOUN
emaj-66	190	71	d	d	NOUN
emaj-66	190	72	gold1	gold1	NOUN
emaj-66	190	73	does	do	AUX
emaj-66	190	74	not	not	PART
emaj-66	190	75	granger	granger	AUX
emaj-66	190	76	cause	cause	VERB
emaj-66	190	77	usd1	usd1	PROPN
emaj-66	190	78	2.05963	2.05963	NUM
emaj-66	190	79	0.084	0.084	NUM
emaj-66	190	80	accept	accept	VERB
emaj-66	190	81	ed	ed	NOUN
emaj-66	190	82	the	the	DET
emaj-66	190	83	results	result	NOUN
emaj-66	190	84	and	and	CCONJ
emaj-66	190	85	decision	decision	NOUN
emaj-66	190	86	of	of	ADP
emaj-66	190	87	granger	granger	PROPN
emaj-66	190	88	causality	causality	PROPN
emaj-66	190	89	test	test	NOUN
emaj-66	190	90	are	be	AUX
emaj-66	190	91	given	give	VERB
emaj-66	190	92	in	in	ADP
emaj-66	190	93	table	table	NOUN
emaj-66	190	94	4	4	NUM
emaj-66	190	95	.	.	PUNCT
emaj-66	191	1	the	the	DET
emaj-66	191	2	null	null	ADJ
emaj-66	191	3	hypotheses	hypothesis	NOUN
emaj-66	191	4	are	be	AUX
emaj-66	191	5	rejected	reject	VERB
emaj-66	191	6	in	in	ADP
emaj-66	191	7	case	case	NOUN
emaj-66	191	8	the	the	DET
emaj-66	191	9	p	p	ADJ
emaj-66	191	10	values	value	NOUN
emaj-66	191	11	are	be	AUX
emaj-66	191	12	less	less	ADJ
emaj-66	191	13	than	than	ADP
emaj-66	191	14	0.05	0.05	NUM
emaj-66	191	15	.	.	PUNCT
emaj-66	192	1	on	on	ADP
emaj-66	192	2	the	the	DET
emaj-66	192	3	other	other	ADJ
emaj-66	192	4	hand	hand	NOUN
emaj-66	192	5	,	,	PUNCT
emaj-66	192	6	in	in	ADP
emaj-66	192	7	case	case	NOUN
emaj-66	192	8	the	the	DET
emaj-66	192	9	p	p	ADJ
emaj-66	192	10	values	value	NOUN
emaj-66	192	11	are	be	AUX
emaj-66	192	12	more	more	ADJ
emaj-66	192	13	than	than	ADP
emaj-66	192	14	0.05	0.05	NUM
emaj-66	192	15	,	,	PUNCT
emaj-66	192	16	the	the	DET
emaj-66	192	17	null	null	ADJ
emaj-66	192	18	hypothesis	hypothesis	NOUN
emaj-66	192	19	is	be	AUX
emaj-66	192	20	accepted	accept	VERB
emaj-66	192	21	.	.	PUNCT
emaj-66	193	1	as	as	ADP
emaj-66	193	2	a	a	DET
emaj-66	193	3	result	result	NOUN
emaj-66	193	4	,	,	PUNCT
emaj-66	193	5	the	the	DET
emaj-66	193	6	test	test	NOUN
emaj-66	193	7	indicates	indicate	VERB
emaj-66	193	8	that	that	SCONJ
emaj-66	193	9	there	there	PRON
emaj-66	193	10	exists	exist	VERB
emaj-66	193	11	bidirectional	bidirectional	ADJ
emaj-66	193	12	volume	volume	NOUN
emaj-66	193	13	5	5	NUM
emaj-66	193	14	no	no	DET
emaj-66	193	15	1	1	NUM
emaj-66	193	16	(	(	PUNCT
emaj-66	193	17	2015	2015	NUM
emaj-66	193	18	)	)	PUNCT
emaj-66	193	19	|	|	ADV
emaj-66	193	20	issn	issn	VERB
emaj-66	193	21	2158	2158	NUM
emaj-66	193	22	-	-	SYM
emaj-66	193	23	8708	8708	NUM
emaj-66	193	24	(	(	PUNCT
emaj-66	193	25	online	online	NOUN
emaj-66	193	26	)	)	PUNCT
emaj-66	193	27	|	|	ADV
emaj-66	193	28	doi	doi	X
emaj-66	193	29	10.5195	10.5195	NUM
emaj-66	193	30	/	/	SYM
emaj-66	193	31	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	193	32	|	|	ADV
emaj-66	193	33	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	193	34	the	the	DET
emaj-66	193	35	relationship	relationship	NOUN
emaj-66	193	36	between	between	ADP
emaj-66	193	37	gold	gold	NOUN
emaj-66	193	38	prices	price	NOUN
emaj-66	193	39	and	and	CCONJ
emaj-66	193	40	exchange	exchange	NOUN
emaj-66	193	41	value	value	NOUN
emaj-66	193	42	of	of	ADP
emaj-66	193	43	us	us	PROPN
emaj-66	193	44	dollar	dollar	NOUN
emaj-66	193	45	in	in	ADP
emaj-66	193	46	india	india	PROPN
emaj-66	193	47	page	page	NOUN
emaj-66	193	48	|24|	|24|	ADJ
emaj-66	193	49	emerging	emerge	VERB
emaj-66	193	50	markets	market	NOUN
emaj-66	193	51	journal	journal	NOUN
emaj-66	193	52	causality	causality	NOUN
emaj-66	193	53	between	between	ADP
emaj-66	193	54	exchange	exchange	NOUN
emaj-66	193	55	rate	rate	NOUN
emaj-66	193	56	of	of	ADP
emaj-66	193	57	usd	usd	NOUN
emaj-66	193	58	and	and	CCONJ
emaj-66	193	59	gold	gold	NOUN
emaj-66	193	60	prices	price	NOUN
emaj-66	193	61	in	in	ADP
emaj-66	193	62	india	india	PROPN
emaj-66	193	63	before	before	ADP
emaj-66	193	64	the	the	DET
emaj-66	193	65	recession	recession	NOUN
emaj-66	193	66	.	.	PUNCT
emaj-66	194	1	however	however	ADV
emaj-66	194	2	,	,	PUNCT
emaj-66	194	3	this	this	DET
emaj-66	194	4	bidirectional	bidirectional	ADJ
emaj-66	194	5	relationship	relationship	NOUN
emaj-66	194	6	is	be	AUX
emaj-66	194	7	disturbed	disturb	VERB
emaj-66	194	8	and	and	CCONJ
emaj-66	194	9	there	there	PRON
emaj-66	194	10	exists	exist	VERB
emaj-66	194	11	no	no	DET
emaj-66	194	12	lead	lead	NOUN
emaj-66	194	13	lag	lag	NOUN
emaj-66	194	14	causality	causality	NOUN
emaj-66	194	15	between	between	ADP
emaj-66	194	16	the	the	DET
emaj-66	194	17	variables	variable	NOUN
emaj-66	194	18	during	during	ADP
emaj-66	194	19	the	the	DET
emaj-66	194	20	period	period	NOUN
emaj-66	194	21	of	of	ADP
emaj-66	194	22	global	global	ADJ
emaj-66	194	23	recession	recession	NOUN
emaj-66	194	24	.	.	PUNCT
emaj-66	195	1	however	however	ADV
emaj-66	195	2	,	,	PUNCT
emaj-66	195	3	post	post	VERB
emaj-66	195	4	recession	recession	NOUN
emaj-66	195	5	;	;	PUNCT
emaj-66	195	6	the	the	DET
emaj-66	195	7	causality	causality	NOUN
emaj-66	195	8	flows	flow	VERB
emaj-66	195	9	from	from	ADP
emaj-66	195	10	exchange	exchange	NOUN
emaj-66	195	11	value	value	NOUN
emaj-66	195	12	of	of	ADP
emaj-66	195	13	usd	usd	NOUN
emaj-66	195	14	to	to	ADP
emaj-66	195	15	gold	gold	NOUN
emaj-66	195	16	prices	price	NOUN
emaj-66	195	17	in	in	ADP
emaj-66	195	18	india	india	PROPN
emaj-66	195	19	.	.	PUNCT
emaj-66	196	1	viii	viii	PROPN
emaj-66	196	2	.	.	PUNCT
emaj-66	197	1	conclusion	conclusion	NOUN
emaj-66	197	2	the	the	DET
emaj-66	197	3	study	study	NOUN
emaj-66	197	4	concludes	conclude	VERB
emaj-66	197	5	that	that	SCONJ
emaj-66	197	6	the	the	DET
emaj-66	197	7	relationship	relationship	NOUN
emaj-66	197	8	between	between	ADP
emaj-66	197	9	gold	gold	NOUN
emaj-66	197	10	prices	price	NOUN
emaj-66	197	11	and	and	CCONJ
emaj-66	197	12	usd	usd	NOUN
emaj-66	197	13	exchange	exchange	NOUN
emaj-66	197	14	rate	rate	NOUN
emaj-66	197	15	has	have	AUX
emaj-66	197	16	been	be	AUX
emaj-66	197	17	impacted	impact	VERB
emaj-66	197	18	by	by	ADP
emaj-66	197	19	recession	recession	NOUN
emaj-66	197	20	in	in	ADP
emaj-66	197	21	india	india	PROPN
emaj-66	197	22	.	.	PUNCT
emaj-66	198	1	the	the	DET
emaj-66	198	2	two	two	NUM
emaj-66	198	3	variables	variable	NOUN
emaj-66	198	4	under	under	ADP
emaj-66	198	5	study	study	NOUN
emaj-66	198	6	shared	share	VERB
emaj-66	198	7	bidirectional	bidirectional	ADJ
emaj-66	198	8	causality	causality	NOUN
emaj-66	198	9	(	(	PUNCT
emaj-66	198	10	bhunia	bhunia	NOUN
emaj-66	198	11	,	,	PUNCT
emaj-66	198	12	2013	2013	NUM
emaj-66	198	13	)	)	PUNCT
emaj-66	198	14	before	before	ADP
emaj-66	198	15	recession	recession	NOUN
emaj-66	198	16	which	which	PRON
emaj-66	198	17	was	be	AUX
emaj-66	198	18	lost	lose	VERB
emaj-66	198	19	during	during	ADP
emaj-66	198	20	the	the	DET
emaj-66	198	21	global	global	ADJ
emaj-66	198	22	financial	financial	ADJ
emaj-66	198	23	turmoil	turmoil	NOUN
emaj-66	198	24	in	in	ADP
emaj-66	198	25	2007	2007	NUM
emaj-66	198	26	–	–	PUNCT
emaj-66	198	27	2008	2008	NUM
emaj-66	198	28	.	.	PUNCT
emaj-66	199	1	the	the	DET
emaj-66	199	2	indian	indian	ADJ
emaj-66	199	3	economy	economy	NOUN
emaj-66	199	4	faced	face	VERB
emaj-66	199	5	the	the	DET
emaj-66	199	6	problem	problem	NOUN
emaj-66	199	7	of	of	ADP
emaj-66	199	8	usd	usd	NOUN
emaj-66	199	9	appreciation	appreciation	NOUN
emaj-66	199	10	post	post	NOUN
emaj-66	199	11	recession	recession	NOUN
emaj-66	199	12	due	due	ADP
emaj-66	199	13	to	to	ADP
emaj-66	199	14	stressful	stressful	ADJ
emaj-66	199	15	global	global	ADJ
emaj-66	199	16	macroeconomic	macroeconomic	ADJ
emaj-66	199	17	scenario	scenario	NOUN
emaj-66	199	18	(	(	PUNCT
emaj-66	199	19	mccauley	mccauley	PROPN
emaj-66	199	20	&	&	CCONJ
emaj-66	199	21	mcguire	mcguire	PROPN
emaj-66	199	22	,	,	PUNCT
emaj-66	199	23	2009	2009	NUM
emaj-66	199	24	)	)	PUNCT
emaj-66	199	25	(	(	PUNCT
emaj-66	199	26	quéré	quéré	PROPN
emaj-66	199	27	,	,	PUNCT
emaj-66	199	28	béreau	béreau	PROPN
emaj-66	199	29	,	,	PUNCT
emaj-66	199	30	&	&	CCONJ
emaj-66	199	31	mignon	mignon	NOUN
emaj-66	199	32	,	,	PUNCT
emaj-66	199	33	2009	2009	NUM
emaj-66	199	34	)	)	PUNCT
emaj-66	199	35	.	.	PUNCT
emaj-66	200	1	as	as	ADP
emaj-66	200	2	a	a	DET
emaj-66	200	3	result	result	NOUN
emaj-66	200	4	,	,	PUNCT
emaj-66	200	5	the	the	DET
emaj-66	200	6	gold	gold	NOUN
emaj-66	200	7	prices	price	NOUN
emaj-66	200	8	also	also	ADV
emaj-66	200	9	sky	sky	NOUN
emaj-66	200	10	rocketed	rocket	VERB
emaj-66	200	11	.	.	PUNCT
emaj-66	201	1	this	this	DET
emaj-66	201	2	direction	direction	NOUN
emaj-66	201	3	of	of	ADP
emaj-66	201	4	causality	causality	NOUN
emaj-66	201	5	in	in	ADP
emaj-66	201	6	the	the	DET
emaj-66	201	7	prices	price	NOUN
emaj-66	201	8	is	be	AUX
emaj-66	201	9	well	well	ADV
emaj-66	201	10	evident	evident	ADJ
emaj-66	201	11	from	from	ADP
emaj-66	201	12	the	the	DET
emaj-66	201	13	result	result	NOUN
emaj-66	201	14	of	of	ADP
emaj-66	201	15	granger	granger	PROPN
emaj-66	201	16	causality	causality	PROPN
emaj-66	201	17	test	test	NOUN
emaj-66	201	18	summarized	summarize	VERB
emaj-66	201	19	in	in	ADP
emaj-66	201	20	table	table	NOUN
emaj-66	201	21	4	4	NUM
emaj-66	201	22	.	.	PUNCT
emaj-66	202	1	the	the	DET
emaj-66	202	2	study	study	NOUN
emaj-66	202	3	hence	hence	ADV
emaj-66	202	4	concludes	conclude	VERB
emaj-66	202	5	that	that	SCONJ
emaj-66	202	6	exchange	exchange	NOUN
emaj-66	202	7	value	value	NOUN
emaj-66	202	8	of	of	ADP
emaj-66	202	9	us	us	PROPN
emaj-66	202	10	dollar	dollar	NOUN
emaj-66	202	11	is	be	AUX
emaj-66	202	12	an	an	DET
emaj-66	202	13	important	important	ADJ
emaj-66	202	14	factor	factor	NOUN
emaj-66	202	15	in	in	ADP
emaj-66	202	16	fluctuations	fluctuation	NOUN
emaj-66	202	17	in	in	ADP
emaj-66	202	18	gold	gold	NOUN
emaj-66	202	19	prices	price	NOUN
emaj-66	202	20	in	in	ADP
emaj-66	202	21	india	india	PROPN
emaj-66	202	22	like	like	ADP
emaj-66	202	23	in	in	ADP
emaj-66	202	24	case	case	NOUN
emaj-66	202	25	of	of	ADP
emaj-66	202	26	south	south	PROPN
emaj-66	202	27	africa	africa	PROPN
emaj-66	202	28	as	as	SCONJ
emaj-66	202	29	concluded	conclude	VERB
emaj-66	202	30	by	by	ADP
emaj-66	202	31	(	(	PUNCT
emaj-66	202	32	arezki	arezki	PROPN
emaj-66	202	33	,	,	PUNCT
emaj-66	202	34	dumitrescu	dumitrescu	NOUN
emaj-66	202	35	,	,	PUNCT
emaj-66	202	36	freytag	freytag	NOUN
emaj-66	202	37	,	,	PUNCT
emaj-66	202	38	&	&	CCONJ
emaj-66	202	39	quintyn	quintyn	PROPN
emaj-66	202	40	,	,	PUNCT
emaj-66	202	41	2012	2012	NUM
emaj-66	202	42	)	)	PUNCT
emaj-66	202	43	.	.	PUNCT
emaj-66	203	1	even	even	ADV
emaj-66	203	2	though	though	SCONJ
emaj-66	203	3	this	this	DET
emaj-66	203	4	relationship	relationship	NOUN
emaj-66	203	5	has	have	AUX
emaj-66	203	6	changed	change	VERB
emaj-66	203	7	with	with	ADP
emaj-66	203	8	the	the	DET
emaj-66	203	9	occurrence	occurrence	NOUN
emaj-66	203	10	of	of	ADP
emaj-66	203	11	global	global	ADJ
emaj-66	203	12	recession	recession	NOUN
emaj-66	203	13	,	,	PUNCT
emaj-66	203	14	the	the	DET
emaj-66	203	15	exchange	exchange	NOUN
emaj-66	203	16	value	value	NOUN
emaj-66	203	17	of	of	ADP
emaj-66	203	18	usd	usd	NOUN
emaj-66	203	19	should	should	AUX
emaj-66	203	20	be	be	AUX
emaj-66	203	21	taken	take	VERB
emaj-66	203	22	into	into	ADP
emaj-66	203	23	consideration	consideration	NOUN
emaj-66	203	24	while	while	SCONJ
emaj-66	203	25	taking	take	VERB
emaj-66	203	26	any	any	DET
emaj-66	203	27	investment	investment	NOUN
emaj-66	203	28	decision	decision	NOUN
emaj-66	203	29	in	in	ADP
emaj-66	203	30	the	the	DET
emaj-66	203	31	metal	metal	NOUN
emaj-66	203	32	(	(	PUNCT
emaj-66	203	33	tully	tully	PROPN
emaj-66	203	34	&	&	CCONJ
emaj-66	203	35	lucey	lucey	PROPN
emaj-66	203	36	,	,	PUNCT
emaj-66	203	37	2007	2007	NUM
emaj-66	203	38	)	)	PUNCT
emaj-66	203	39	bibliography	bibliography	NOUN
emaj-66	203	40	apak	apak	PROPN
emaj-66	203	41	,	,	PUNCT
emaj-66	203	42	s.	s.	PROPN
emaj-66	203	43	,	,	PUNCT
emaj-66	203	44	akman	akman	NOUN
emaj-66	203	45	,	,	PUNCT
emaj-66	203	46	v.	v.	PROPN
emaj-66	203	47	,	,	PUNCT
emaj-66	203	48	çankaya	çankaya	PROPN
emaj-66	203	49	,	,	PUNCT
emaj-66	203	50	s.	s.	PROPN
emaj-66	203	51	,	,	PUNCT
emaj-66	203	52	&	&	CCONJ
emaj-66	203	53	sönmezer	sönmezer	PROPN
emaj-66	203	54	,	,	PUNCT
emaj-66	203	55	s.	s.	PROPN
emaj-66	203	56	(	(	PUNCT
emaj-66	203	57	2012	2012	NUM
emaj-66	203	58	)	)	PUNCT
emaj-66	203	59	.	.	PUNCT
emaj-66	204	1	the	the	DET
emaj-66	204	2	case	case	NOUN
emaj-66	204	3	for	for	ADP
emaj-66	204	4	gold	gold	NOUN
emaj-66	204	5	revisited	revisit	VERB
emaj-66	204	6	:	:	PUNCT
emaj-66	204	7	a	a	DET
emaj-66	204	8	safe	safe	ADJ
emaj-66	204	9	heaven	heaven	NOUN
emaj-66	204	10	or	or	CCONJ
emaj-66	204	11	a	a	DET
emaj-66	204	12	hedge	hedge	NOUN
emaj-66	204	13	?	?	PUNCT
emaj-66	205	1	emerging	emerge	VERB
emaj-66	205	2	markets	market	NOUN
emaj-66	205	3	journal	journal	NOUN
emaj-66	205	4	,	,	PUNCT
emaj-66	205	5	2	2	NUM
emaj-66	205	6	,	,	PUNCT
emaj-66	205	7	1	1	NUM
emaj-66	205	8	-	-	SYM
emaj-66	205	9	8	8	NUM
emaj-66	205	10	.	.	PUNCT
emaj-66	206	1	arezki	arezki	PROPN
emaj-66	206	2	,	,	PUNCT
emaj-66	206	3	r.	r.	PROPN
emaj-66	206	4	,	,	PUNCT
emaj-66	206	5	dumitrescu	dumitrescu	PROPN
emaj-66	206	6	,	,	PUNCT
emaj-66	206	7	e.	e.	PROPN
emaj-66	206	8	,	,	PUNCT
emaj-66	206	9	freytag	freytag	NOUN
emaj-66	206	10	,	,	PUNCT
emaj-66	206	11	a.	a.	NOUN
emaj-66	206	12	,	,	PUNCT
emaj-66	206	13	&	&	CCONJ
emaj-66	206	14	quintyn	quintyn	PROPN
emaj-66	206	15	,	,	PUNCT
emaj-66	206	16	m.	m.	NOUN
emaj-66	206	17	(	(	PUNCT
emaj-66	206	18	2012	2012	NUM
emaj-66	206	19	)	)	PUNCT
emaj-66	206	20	.	.	PUNCT
emaj-66	207	1	commodity	commodity	NOUN
emaj-66	207	2	prices	price	NOUN
emaj-66	207	3	and	and	CCONJ
emaj-66	207	4	exchange	exchange	NOUN
emaj-66	207	5	rate	rate	NOUN
emaj-66	207	6	volatility	volatility	NOUN
emaj-66	207	7	:	:	PUNCT
emaj-66	207	8	lessons	lesson	NOUN
emaj-66	207	9	from	from	ADP
emaj-66	207	10	south	south	PROPN
emaj-66	207	11	africa	africa	PROPN
emaj-66	207	12	’s	’s	PART
emaj-66	207	13	capital	capital	PROPN
emaj-66	207	14	account	account	PROPN
emaj-66	207	15	liberalization	liberalization	NOUN
emaj-66	207	16	.	.	PUNCT
emaj-66	208	1	imf	imf	PROPN
emaj-66	208	2	working	working	PROPN
emaj-66	208	3	paper	paper	NOUN
emaj-66	208	4	,	,	PUNCT
emaj-66	208	5	wp/12/168	wp/12/168	PROPN
emaj-66	208	6	,	,	PUNCT
emaj-66	208	7	1	1	NUM
emaj-66	208	8	-	-	SYM
emaj-66	208	9	19	19	NUM
emaj-66	208	10	.	.	PUNCT
emaj-66	208	11	bhunia	bhunia	NOUN
emaj-66	208	12	,	,	PUNCT
emaj-66	208	13	a.	a.	NOUN
emaj-66	208	14	(	(	PUNCT
emaj-66	208	15	2013	2013	NUM
emaj-66	208	16	)	)	PUNCT
emaj-66	208	17	.	.	PUNCT
emaj-66	209	1	cointegration	cointegration	NOUN
emaj-66	209	2	and	and	CCONJ
emaj-66	209	3	causal	causal	ADJ
emaj-66	209	4	relationship	relationship	NOUN
emaj-66	209	5	among	among	ADP
emaj-66	209	6	crude	crude	ADJ
emaj-66	209	7	price	price	NOUN
emaj-66	209	8	,	,	PUNCT
emaj-66	209	9	domestic	domestic	ADJ
emaj-66	209	10	gold	gold	NOUN
emaj-66	209	11	price	price	NOUN
emaj-66	209	12	and	and	CCONJ
emaj-66	209	13	financial	financial	ADJ
emaj-66	209	14	variablesan	variablesan	ADJ
emaj-66	209	15	evidence	evidence	NOUN
emaj-66	209	16	of	of	ADP
emaj-66	209	17	bse	bse	NOUN
emaj-66	209	18	and	and	CCONJ
emaj-66	209	19	nse	nse	PROPN
emaj-66	209	20	.	.	PUNCT
emaj-66	209	21	journal	journal	PROPN
emaj-66	209	22	of	of	ADP
emaj-66	209	23	contemporary	contemporary	ADJ
emaj-66	209	24	issues	issue	NOUN
emaj-66	209	25	in	in	ADP
emaj-66	209	26	business	business	NOUN
emaj-66	209	27	research	research	NOUN
emaj-66	209	28	,	,	PUNCT
emaj-66	209	29	2	2	NUM
emaj-66	209	30	(	(	PUNCT
emaj-66	209	31	1	1	NUM
emaj-66	209	32	)	)	PUNCT
emaj-66	209	33	,	,	PUNCT
emaj-66	209	34	1	1	NUM
emaj-66	209	35	-	-	SYM
emaj-66	209	36	10	10	NUM
emaj-66	209	37	.	.	PUNCT
emaj-66	210	1	capie	capie	NOUN
emaj-66	210	2	,	,	PUNCT
emaj-66	210	3	f.	f.	PROPN
emaj-66	210	4	,	,	PUNCT
emaj-66	210	5	mills	mill	NOUN
emaj-66	210	6	,	,	PUNCT
emaj-66	210	7	t.	t.	PROPN
emaj-66	210	8	c.	c.	PROPN
emaj-66	210	9	,	,	PUNCT
emaj-66	210	10	&	&	CCONJ
emaj-66	210	11	wood	wood	PROPN
emaj-66	210	12	,	,	PUNCT
emaj-66	210	13	g.	g.	PROPN
emaj-66	210	14	(	(	PUNCT
emaj-66	210	15	2005	2005	NUM
emaj-66	210	16	)	)	PUNCT
emaj-66	210	17	.	.	PUNCT
emaj-66	211	1	gold	gold	NOUN
emaj-66	211	2	as	as	ADP
emaj-66	211	3	a	a	DET
emaj-66	211	4	hedge	hedge	NOUN
emaj-66	211	5	against	against	ADP
emaj-66	211	6	the	the	DET
emaj-66	211	7	dollar	dollar	NOUN
emaj-66	211	8	.	.	PUNCT
emaj-66	212	1	international	international	ADJ
emaj-66	212	2	financial	financial	ADJ
emaj-66	212	3	markets	market	NOUN
emaj-66	212	4	,	,	PUNCT
emaj-66	212	5	institutions	institution	NOUN
emaj-66	212	6	and	and	CCONJ
emaj-66	212	7	money	money	NOUN
emaj-66	212	8	,	,	PUNCT
emaj-66	212	9	15	15	NUM
emaj-66	212	10	,	,	PUNCT
emaj-66	212	11	343–352	343–352	NUM
emaj-66	212	12	.	.	PUNCT
emaj-66	212	13	capie	capie	NOUN
emaj-66	212	14	,	,	PUNCT
emaj-66	212	15	f.	f.	PROPN
emaj-66	212	16	,	,	PUNCT
emaj-66	212	17	mills	mill	NOUN
emaj-66	212	18	,	,	PUNCT
emaj-66	212	19	t.	t.	PROPN
emaj-66	212	20	c.	c.	PROPN
emaj-66	212	21	,	,	PUNCT
emaj-66	212	22	&	&	CCONJ
emaj-66	212	23	wood	wood	PROPN
emaj-66	212	24	,	,	PUNCT
emaj-66	212	25	g.	g.	PROPN
emaj-66	212	26	(	(	PUNCT
emaj-66	212	27	2004	2004	NUM
emaj-66	212	28	)	)	PUNCT
emaj-66	212	29	.	.	PUNCT
emaj-66	213	1	gold	gold	NOUN
emaj-66	213	2	as	as	ADP
emaj-66	213	3	a	a	DET
emaj-66	213	4	hedge	hedge	NOUN
emaj-66	213	5	against	against	ADP
emaj-66	213	6	the	the	DET
emaj-66	213	7	us	us	PROPN
emaj-66	213	8	dollar	dollar	NOUN
emaj-66	213	9	.	.	PUNCT
emaj-66	214	1	world	world	PROPN
emaj-66	214	2	gold	gold	PROPN
emaj-66	214	3	council	council	PROPN
emaj-66	214	4	,	,	PUNCT
emaj-66	214	5	research	research	NOUN
emaj-66	214	6	study	study	NOUN
emaj-66	214	7	no	no	DET
emaj-66	214	8	30	30	NUM
emaj-66	214	9	.	.	PUNCT
emaj-66	215	1	dickey	dickey	PROPN
emaj-66	215	2	,	,	PUNCT
emaj-66	215	3	d.	d.	PROPN
emaj-66	215	4	a.	a.	PROPN
emaj-66	215	5	,	,	PUNCT
emaj-66	215	6	&	&	CCONJ
emaj-66	215	7	fuller	full	ADJ
emaj-66	215	8	,	,	PUNCT
emaj-66	215	9	w.	w.	PROPN
emaj-66	215	10	a.	a.	PROPN
emaj-66	215	11	(	(	PUNCT
emaj-66	215	12	1979	1979	NUM
emaj-66	215	13	)	)	PUNCT
emaj-66	215	14	.	.	PUNCT
emaj-66	216	1	distribution	distribution	NOUN
emaj-66	216	2	of	of	ADP
emaj-66	216	3	the	the	DET
emaj-66	216	4	estimators	estimator	NOUN
emaj-66	216	5	for	for	ADP
emaj-66	216	6	autoregressive	autoregressive	ADJ
emaj-66	216	7	time	time	NOUN
emaj-66	216	8	series	series	NOUN
emaj-66	216	9	with	with	ADP
emaj-66	216	10	a	a	DET
emaj-66	216	11	unit	unit	NOUN
emaj-66	216	12	root	root	NOUN
emaj-66	216	13	.	.	PUNCT
emaj-66	217	1	journal	journal	NOUN
emaj-66	217	2	of	of	ADP
emaj-66	217	3	the	the	DET
emaj-66	217	4	american	american	PROPN
emaj-66	217	5	statistical	statistical	ADJ
emaj-66	217	6	association	association	NOUN
emaj-66	217	7	,	,	PUNCT
emaj-66	217	8	74	74	NUM
emaj-66	217	9	,	,	PUNCT
emaj-66	217	10	427	427	NUM
emaj-66	217	11	-	-	SYM
emaj-66	217	12	431	431	NUM
emaj-66	217	13	.	.	PUNCT
emaj-66	218	1	elliot	elliot	PROPN
emaj-66	218	2	,	,	PUNCT
emaj-66	218	3	l.	l.	PROPN
emaj-66	218	4	(	(	PUNCT
emaj-66	218	5	2011	2011	NUM
emaj-66	218	6	,	,	PUNCT
emaj-66	218	7	august	august	PROPN
emaj-66	218	8	11	11	NUM
emaj-66	218	9	)	)	PUNCT
emaj-66	218	10	.	.	PUNCT
emaj-66	219	1	global	global	ADJ
emaj-66	219	2	financial	financial	ADJ
emaj-66	219	3	crisis	crisis	NOUN
emaj-66	219	4	:	:	PUNCT
emaj-66	219	5	five	five	NUM
emaj-66	219	6	key	key	ADJ
emaj-66	219	7	stages	stage	NOUN
emaj-66	219	8	2007	2007	NUM
emaj-66	219	9	-	-	SYM
emaj-66	219	10	2011	2011	NUM
emaj-66	219	11	.	.	PUNCT
emaj-66	220	1	retrieved	retrieve	VERB
emaj-66	220	2	october	october	PROPN
emaj-66	220	3	31	31	NUM
emaj-66	220	4	,	,	PUNCT
emaj-66	220	5	2013	2013	NUM
emaj-66	220	6	,	,	PUNCT
emaj-66	220	7	from	from	ADP
emaj-66	220	8	http://www.theguardian.com	http://www.theguardian.com	PROPN
emaj-66	220	9	:	:	PUNCT
emaj-66	220	10	http://www.theguardian.com/business/2	http://www.theguardian.com/business/2	PROPN
emaj-66	220	11	011	011	NUM
emaj-66	220	12	/	/	SYM
emaj-66	220	13	aug/07	aug/07	PROPN
emaj-66	220	14	/	/	SYM
emaj-66	220	15	global	global	ADJ
emaj-66	220	16	-	-	PUNCT
emaj-66	220	17	financial	financial	ADJ
emaj-66	220	18	-	-	PUNCT
emaj-66	220	19	crisis	crisis	NOUN
emaj-66	220	20	-	-	PUNCT
emaj-66	220	21	keystages	keystage	NOUN
emaj-66	220	22	volume	volume	NOUN
emaj-66	220	23	5	5	NUM
emaj-66	220	24	no	no	DET
emaj-66	220	25	1	1	NUM
emaj-66	220	26	(	(	PUNCT
emaj-66	220	27	2015	2015	NUM
emaj-66	220	28	)	)	PUNCT
emaj-66	220	29	|	|	ADV
emaj-66	220	30	issn	issn	VERB
emaj-66	220	31	2158	2158	NUM
emaj-66	220	32	-	-	SYM
emaj-66	220	33	8708	8708	NUM
emaj-66	220	34	(	(	PUNCT
emaj-66	220	35	online	online	NOUN
emaj-66	220	36	)	)	PUNCT
emaj-66	220	37	|	|	ADV
emaj-66	220	38	doi	doi	X
emaj-66	220	39	10.5195	10.5195	NUM
emaj-66	220	40	/	/	SYM
emaj-66	220	41	emaj.2015.66	emaj.2015.66	NOUN
emaj-66	220	42	|	|	ADV
emaj-66	220	43	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-66	220	44	girish	girish	PROPN
emaj-66	220	45	karunakaran	karunakaran	PROPN
emaj-66	220	46	nair	nair	PROPN
emaj-66	220	47	,	,	PUNCT
emaj-66	220	48	nidhi	nidhi	PROPN
emaj-66	220	49	choudhary	choudhary	PROPN
emaj-66	220	50	,	,	PUNCT
emaj-66	220	51	harsh	harsh	PROPN
emaj-66	220	52	purohit	purohit	ADJ
emaj-66	220	53	emerging	emerge	VERB
emaj-66	220	54	markets	market	NOUN
emaj-66	220	55	journal	journal	NOUN
emaj-66	221	1	|	|	ADV
emaj-66	221	2	p	p	NOUN
emaj-66	221	3	a	a	DET
emaj-66	221	4	g	g	NOUN
emaj-66	221	5	e	e	PROPN
emaj-66	221	6	|25	|25	PROPN
emaj-66	221	7	granger	granger	PROPN
emaj-66	221	8	,	,	PUNCT
emaj-66	221	9	c.	c.	PROPN
emaj-66	221	10	(	(	PUNCT
emaj-66	221	11	1969	1969	NUM
emaj-66	221	12	)	)	PUNCT
emaj-66	221	13	.	.	PUNCT
emaj-66	222	1	investigating	investigate	VERB
emaj-66	222	2	causal	causal	ADJ
emaj-66	222	3	relations	relation	NOUN
emaj-66	222	4	by	by	ADP
emaj-66	222	5	econometric	econometric	ADJ
emaj-66	222	6	models	model	NOUN
emaj-66	222	7	and	and	CCONJ
emaj-66	222	8	cross	cross	ADJ
emaj-66	222	9	-	-	ADJ
emaj-66	222	10	spectral	spectral	ADJ
emaj-66	222	11	methods	method	NOUN
emaj-66	222	12	.	.	PUNCT
emaj-66	223	1	econometrica	econometrica	PROPN
emaj-66	223	2	,	,	PUNCT
emaj-66	223	3	37	37	NUM
emaj-66	223	4	,	,	PUNCT
emaj-66	223	5	424	424	NUM
emaj-66	223	6	-	-	SYM
emaj-66	223	7	438	438	NUM
emaj-66	223	8	.	.	PUNCT
emaj-66	224	1	johansen	johansen	PROPN
emaj-66	224	2	,	,	PUNCT
emaj-66	224	3	s.	s.	PROPN
emaj-66	224	4	(	(	PUNCT
emaj-66	224	5	1988	1988	NUM
emaj-66	224	6	)	)	PUNCT
emaj-66	224	7	.	.	PUNCT
emaj-66	225	1	statistical	statistical	ADJ
emaj-66	225	2	analysis	analysis	NOUN
emaj-66	225	3	of	of	ADP
emaj-66	225	4	cointegration	cointegration	NOUN
emaj-66	225	5	vectors	vector	NOUN
emaj-66	225	6	.	.	PUNCT
emaj-66	226	1	journal	journal	NOUN
emaj-66	226	2	of	of	ADP
emaj-66	226	3	economic	economic	ADJ
emaj-66	226	4	dynamics	dynamic	NOUN
emaj-66	226	5	and	and	CCONJ
emaj-66	226	6	control	control	NOUN
emaj-66	226	7	,	,	PUNCT
emaj-66	226	8	12	12	NUM
emaj-66	226	9	,	,	PUNCT
emaj-66	226	10	231	231	NUM
emaj-66	226	11	-	-	SYM
emaj-66	226	12	254	254	NUM
emaj-66	226	13	.	.	PUNCT
emaj-66	227	1	kiohos	kiohos	PROPN
emaj-66	227	2	,	,	PUNCT
emaj-66	227	3	a.	a.	PROPN
emaj-66	227	4	,	,	PUNCT
emaj-66	227	5	&	&	CCONJ
emaj-66	227	6	sariannidis	sariannidis	PROPN
emaj-66	227	7	,	,	PUNCT
emaj-66	227	8	n.	n.	NOUN
emaj-66	227	9	(	(	PUNCT
emaj-66	227	10	2010	2010	NUM
emaj-66	227	11	)	)	PUNCT
emaj-66	227	12	.	.	PUNCT
emaj-66	228	1	determinants	determinant	NOUN
emaj-66	228	2	of	of	ADP
emaj-66	228	3	the	the	DET
emaj-66	228	4	asymmetric	asymmetric	ADJ
emaj-66	228	5	gold	gold	NOUN
emaj-66	228	6	market	market	NOUN
emaj-66	228	7	.	.	PUNCT
emaj-66	229	1	investment	investment	NOUN
emaj-66	229	2	management	management	NOUN
emaj-66	229	3	and	and	CCONJ
emaj-66	229	4	financial	financial	ADJ
emaj-66	229	5	innovations	innovation	NOUN
emaj-66	229	6	,	,	PUNCT
emaj-66	229	7	7	7	NUM
emaj-66	229	8	(	(	PUNCT
emaj-66	229	9	4	4	NUM
emaj-66	229	10	)	)	PUNCT
emaj-66	229	11	,	,	PUNCT
emaj-66	229	12	26	26	NUM
emaj-66	229	13	-	-	SYM
emaj-66	229	14	33	33	NUM
emaj-66	229	15	.	.	PUNCT
emaj-66	229	16	mccauley	mccauley	PROPN
emaj-66	229	17	,	,	PUNCT
emaj-66	229	18	r.	r.	PROPN
emaj-66	229	19	n.	n.	PROPN
emaj-66	229	20	,	,	PUNCT
emaj-66	229	21	&	&	CCONJ
emaj-66	229	22	mcguire	mcguire	PROPN
emaj-66	229	23	,	,	PUNCT
emaj-66	229	24	p.	p.	NOUN
emaj-66	229	25	(	(	PUNCT
emaj-66	229	26	2009	2009	NUM
emaj-66	229	27	)	)	PUNCT
emaj-66	229	28	.	.	PUNCT
emaj-66	230	1	dollar	dollar	NOUN
emaj-66	230	2	appreciation	appreciation	NOUN
emaj-66	230	3	in	in	ADP
emaj-66	230	4	2008	2008	NUM
emaj-66	230	5	:	:	PUNCT
emaj-66	230	6	safe	safe	ADJ
emaj-66	230	7	haven	haven	NOUN
emaj-66	230	8	,	,	PUNCT
emaj-66	230	9	carry	carry	VERB
emaj-66	230	10	trades	trade	NOUN
emaj-66	230	11	,	,	PUNCT
emaj-66	230	12	dollar	dollar	NOUN
emaj-66	230	13	shortage	shortage	NOUN
emaj-66	230	14	and	and	CCONJ
emaj-66	230	15	overhedging	overhedging	NOUN
emaj-66	230	16	.	.	PUNCT
emaj-66	231	1	bis	bis	PROPN
emaj-66	231	2	quarterly	quarterly	ADJ
emaj-66	231	3	review	review	NOUN
emaj-66	231	4	,	,	PUNCT
emaj-66	231	5	85	85	NUM
emaj-66	231	6	-	-	SYM
emaj-66	231	7	93	93	NUM
emaj-66	231	8	.	.	PUNCT
emaj-66	232	1	pwc	pwc	PROPN
emaj-66	232	2	.	.	PUNCT
emaj-66	233	1	(	(	PUNCT
emaj-66	233	2	2013	2013	NUM
emaj-66	233	3	)	)	PUNCT
emaj-66	233	4	.	.	PUNCT
emaj-66	234	1	the	the	DET
emaj-66	234	2	direct	direct	ADJ
emaj-66	234	3	economic	economic	ADJ
emaj-66	234	4	impact	impact	NOUN
emaj-66	234	5	of	of	ADP
emaj-66	234	6	gold	gold	NOUN
emaj-66	234	7	.	.	PUNCT
emaj-66	235	1	world	world	PROPN
emaj-66	235	2	gold	gold	PROPN
emaj-66	235	3	council	council	PROPN
emaj-66	235	4	.	.	PUNCT
emaj-66	236	1	quéré	quéré	PROPN
emaj-66	236	2	,	,	PUNCT
emaj-66	236	3	a.	a.	PROPN
emaj-66	236	4	b.	b.	PROPN
emaj-66	236	5	,	,	PUNCT
emaj-66	236	6	béreau	béreau	PROPN
emaj-66	236	7	,	,	PUNCT
emaj-66	236	8	s.	s.	PROPN
emaj-66	236	9	,	,	PUNCT
emaj-66	236	10	&	&	CCONJ
emaj-66	236	11	mignon	mignon	NOUN
emaj-66	236	12	,	,	PUNCT
emaj-66	236	13	v.	v.	PROPN
emaj-66	236	14	(	(	PUNCT
emaj-66	236	15	2009	2009	NUM
emaj-66	236	16	)	)	PUNCT
emaj-66	236	17	.	.	PUNCT
emaj-66	237	1	the	the	DET
emaj-66	237	2	dollar	dollar	NOUN
emaj-66	237	3	in	in	ADP
emaj-66	237	4	the	the	DET
emaj-66	237	5	turmoil	turmoil	NOUN
emaj-66	237	6	.	.	PUNCT
emaj-66	238	1	journal	journal	PROPN
emaj-66	238	2	of	of	ADP
emaj-66	238	3	the	the	DET
emaj-66	238	4	japanese	japanese	ADJ
emaj-66	238	5	and	and	CCONJ
emaj-66	238	6	international	international	ADJ
emaj-66	238	7	economies	economy	NOUN
emaj-66	238	8	,	,	PUNCT
emaj-66	238	9	23	23	NUM
emaj-66	238	10	(	(	PUNCT
emaj-66	238	11	4	4	NUM
emaj-66	238	12	)	)	PUNCT
emaj-66	238	13	,	,	PUNCT
emaj-66	238	14	427	427	NUM
emaj-66	238	15	-	-	SYM
emaj-66	238	16	436	436	NUM
emaj-66	238	17	.	.	PUNCT
emaj-66	239	1	shah	shah	NOUN
emaj-66	239	2	,	,	PUNCT
emaj-66	239	3	a.	a.	NOUN
emaj-66	239	4	(	(	PUNCT
emaj-66	239	5	2013	2013	NUM
emaj-66	239	6	,	,	PUNCT
emaj-66	239	7	march	march	PROPN
emaj-66	239	8	24	24	NUM
emaj-66	239	9	)	)	PUNCT
emaj-66	239	10	.	.	PUNCT
emaj-66	240	1	global	global	ADJ
emaj-66	240	2	financial	financial	ADJ
emaj-66	240	3	crisis	crisis	NOUN
emaj-66	240	4	.	.	PUNCT
emaj-66	241	1	retrieved	retrieve	VERB
emaj-66	241	2	october	october	PROPN
emaj-66	241	3	20	20	NUM
emaj-66	241	4	,	,	PUNCT
emaj-66	241	5	2013	2013	NUM
emaj-66	241	6	,	,	PUNCT
emaj-66	241	7	from	from	ADP
emaj-66	241	8	http://www.globalissues.org	http://www.globalissues.org	PROPN
emaj-66	241	9	:	:	PUNCT
emaj-66	241	10	http://www.globalissues.org/article/768	http://www.globalissues.org/article/768	NUM
emaj-66	241	11	/global	/global	ADJ
emaj-66	241	12	-	-	ADJ
emaj-66	241	13	financial	financial	ADJ
emaj-66	241	14	-	-	PUNCT
emaj-66	241	15	crisis	crisis	NOUN
emaj-66	241	16	sinton	sinton	PROPN
emaj-66	241	17	,	,	PUNCT
emaj-66	241	18	j.	j.	PROPN
emaj-66	241	19	(	(	PUNCT
emaj-66	241	20	2014	2014	NUM
emaj-66	241	21	)	)	PUNCT
emaj-66	241	22	.	.	PUNCT
emaj-66	242	1	an	an	DET
emaj-66	242	2	empirical	empirical	ADJ
emaj-66	242	3	investigation	investigation	NOUN
emaj-66	242	4	of	of	ADP
emaj-66	242	5	the	the	DET
emaj-66	242	6	causal	causal	ADJ
emaj-66	242	7	relationship	relationship	NOUN
emaj-66	242	8	between	between	ADP
emaj-66	242	9	gold	gold	NOUN
emaj-66	242	10	price	price	NOUN
emaj-66	242	11	,	,	PUNCT
emaj-66	242	12	exchange	exchange	NOUN
emaj-66	242	13	rate	rate	NOUN
emaj-66	242	14	changes	change	NOUN
emaj-66	242	15	and	and	CCONJ
emaj-66	242	16	jakarta	jakarta	PROPN
emaj-66	242	17	composite	composite	PROPN
emaj-66	242	18	index	index	NOUN
emaj-66	242	19	.	.	PUNCT
emaj-66	243	1	proceedings	proceeding	NOUN
emaj-66	243	2	of	of	ADP
emaj-66	243	3	world	world	NOUN
emaj-66	243	4	business	business	NOUN
emaj-66	243	5	and	and	CCONJ
emaj-66	243	6	social	social	ADJ
emaj-66	243	7	science	science	NOUN
emaj-66	243	8	research	research	NOUN
emaj-66	243	9	conference	conference	NOUN
emaj-66	243	10	,	,	PUNCT
emaj-66	243	11	(	(	PUNCT
emaj-66	243	12	pp	pp	ADJ
emaj-66	243	13	.	.	PUNCT
emaj-66	244	1	1	1	NUM
emaj-66	244	2	-	-	SYM
emaj-66	244	3	10	10	NUM
emaj-66	244	4	)	)	PUNCT
emaj-66	244	5	.	.	PUNCT
emaj-66	245	1	paris	paris	PROPN
emaj-66	245	2	.	.	PUNCT
emaj-66	246	1	sjaastad	sjaastad	PROPN
emaj-66	246	2	,	,	PUNCT
emaj-66	246	3	l.	l.	PROPN
emaj-66	246	4	a.	a.	PROPN
emaj-66	246	5	(	(	PUNCT
emaj-66	246	6	2008	2008	NUM
emaj-66	246	7	)	)	PUNCT
emaj-66	246	8	.	.	PUNCT
emaj-66	247	1	the	the	DET
emaj-66	247	2	price	price	NOUN
emaj-66	247	3	of	of	ADP
emaj-66	247	4	gold	gold	NOUN
emaj-66	247	5	and	and	CCONJ
emaj-66	247	6	the	the	DET
emaj-66	247	7	exchange	exchange	NOUN
emaj-66	247	8	rates	rate	NOUN
emaj-66	247	9	:	:	PUNCT
emaj-66	247	10	once	once	ADV
emaj-66	247	11	again	again	ADV
emaj-66	247	12	.	.	PUNCT
emaj-66	248	1	resources	resource	NOUN
emaj-66	248	2	policy	policy	NOUN
emaj-66	248	3	,	,	PUNCT
emaj-66	248	4	33	33	NUM
emaj-66	248	5	(	(	PUNCT
emaj-66	248	6	2	2	NUM
emaj-66	248	7	)	)	PUNCT
emaj-66	248	8	,	,	PUNCT
emaj-66	248	9	118–124	118–124	NUM
emaj-66	248	10	.	.	PUNCT
emaj-66	249	1	the	the	DET
emaj-66	249	2	economist	economist	NOUN
emaj-66	249	3	.	.	PUNCT
emaj-66	250	1	(	(	PUNCT
emaj-66	250	2	2013	2013	NUM
emaj-66	250	3	,	,	PUNCT
emaj-66	250	4	september	september	PROPN
emaj-66	250	5	7	7	NUM
emaj-66	250	6	)	)	PUNCT
emaj-66	250	7	.	.	PUNCT
emaj-66	251	1	the	the	DET
emaj-66	251	2	origins	origin	NOUN
emaj-66	251	3	of	of	ADP
emaj-66	251	4	the	the	DET
emaj-66	251	5	financial	financial	ADJ
emaj-66	251	6	crisis	crisis	NOUN
emaj-66	251	7	:	:	PUNCT
emaj-66	251	8	crash	crash	NOUN
emaj-66	251	9	course	course	NOUN
emaj-66	251	10	.	.	PUNCT
emaj-66	252	1	retrieved	retrieve	VERB
emaj-66	252	2	october	october	PROPN
emaj-66	252	3	1	1	NUM
emaj-66	252	4	,	,	PUNCT
emaj-66	252	5	2013	2013	NUM
emaj-66	252	6	,	,	PUNCT
emaj-66	252	7	from	from	ADP
emaj-66	252	8	http://www.economist.com	http://www.economist.com	NOUN
emaj-66	252	9	:	:	PUNCT
emaj-66	252	10	http://www.economist.com/news/schoo	http://www.economist.com/news/schoo	VERB
emaj-66	252	11	lsbrief/21584534	lsbrief/21584534	NOUN
emaj-66	252	12	-	-	PUNCT
emaj-66	252	13	effects	effect	NOUN
emaj-66	252	14	-	-	PUNCT
emaj-66	252	15	financialcrisis	financialcrisis	NOUN
emaj-66	252	16	-	-	PUNCT
emaj-66	252	17	are	be	AUX
emaj-66	252	18	-	-	PUNCT
emaj-66	252	19	still	still	ADV
emaj-66	252	20	-	-	PUNCT
emaj-66	252	21	being	being	AUX
emaj-66	252	22	-	-	PUNCT
emaj-66	252	23	felt	feel	VERB
emaj-66	252	24	-	-	PUNCT
emaj-66	252	25	five	five	NUM
emaj-66	252	26	-	-	PUNCT
emaj-66	252	27	yearsarticle	yearsarticle	NOUN
emaj-66	252	28	tully	tully	PROPN
emaj-66	252	29	,	,	PUNCT
emaj-66	252	30	e.	e.	PROPN
emaj-66	252	31	,	,	PUNCT
emaj-66	252	32	&	&	CCONJ
emaj-66	252	33	lucey	lucey	PROPN
emaj-66	252	34	,	,	PUNCT
emaj-66	252	35	b.	b.	PROPN
emaj-66	252	36	m.	m.	PROPN
emaj-66	252	37	(	(	PUNCT
emaj-66	252	38	2007	2007	NUM
emaj-66	252	39	)	)	PUNCT
emaj-66	252	40	.	.	PUNCT
emaj-66	253	1	a	a	DET
emaj-66	253	2	power	power	NOUN
emaj-66	253	3	garch	garch	NOUN
emaj-66	253	4	examination	examination	NOUN
emaj-66	253	5	of	of	ADP
emaj-66	253	6	the	the	DET
emaj-66	253	7	gold	gold	NOUN
emaj-66	253	8	market	market	NOUN
emaj-66	253	9	.	.	PUNCT
emaj-66	254	1	international	international	ADJ
emaj-66	254	2	business	business	NOUN
emaj-66	254	3	and	and	CCONJ
emaj-66	254	4	finance	finance	NOUN
emaj-66	254	5	,	,	PUNCT
emaj-66	254	6	21	21	NUM
emaj-66	254	7	,	,	PUNCT
emaj-66	254	8	316325	316325	NUM
emaj-66	254	9	.	.	PUNCT