& Baur, D. G. (2015), ‘The financial economics of gold—A survey’, International Review of Financial Analysis, 41, 186-205. SSGA, Gold as a Strategic Asset Class, March 2023. BIS, What share for gold? On the interaction of gold and foreign exchange reserve returns, November 2020. See Panfili, F., Daini, F., Potente, F., & Reale, G. (2015). L’oro come ‘safe haven asset’?
But the impressive performance of productivity also appears to support the view that the step-up in the pace of structural productivity growth that occurred in the latter part of the 1990s has not, as yet, faltered. Indeed, the high growth of productivity during the past year merely extends recent experience.