What is it about?
We analyse which assets are so-called "safe-haven" for investors in Venezuela during the crisis. The results based on daily data from 01.05.2014-31.07.2018 show that that gold is a better safe-haven than oil for Venezuelan investors, while Bitcoin can be considered a weak safe-haven. This provides hints for investors acting in difficult economic conditions. The results show potential application of bitcoin as a store of value or even means of payments in in Venezuelan (or in other countries affected by the crisis).
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This page is a summary of: Looking for a safe-haven in a crisis-driven Venezuela, Transforming Government People Process and Policy, April 2020, Emerald,
DOI: 10.1108/tg-01-2020-0009.
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