Showing 1 - 10 of 1,197
Bitcoin in particular and so-called cryptocurrencies in general have shaken up the financial world and seem to be … indicate that, as of late, bitcoin has become increasingly interdependent with gold, and seems just as suitable to hedge … also with significant risks. This paper analyzes the connection between one such crypto, bitcoin, and other traditional …
Persistent link: https://www.econbiz.de/10012517614
-haven assets after Covid-19. To do that, we compare both hedge and safe-haven properties of gold, Bitcoin, and crude oil against G … show that the hedging effectiveness of gold, Bitcoin, and crude oil varies overtime before the Covid-19 pandemic …We propose a new Sharpe ratio index obtained from return and volatility spillover indices to individual assets from the …
Persistent link: https://www.econbiz.de/10012705552
contagion spillover volatility by focusing on a sample of major oil-exporting and oil-importing countries using daily data from …; during COVID-19; and during the Russian-Ukrainian war. Our results confirm the persistence of volatility for the series … volatility transmission between oil prices and exchange-rate markets. However, the COVID-19 pandemic and the Russian …
Persistent link: https://www.econbiz.de/10014494631
Central banks around the world are exploring and in some cases even piloting Central Bank Digital Currencies (CBDCs …
Persistent link: https://www.econbiz.de/10012256941
Countries restrict the overall extent of international travel and migration to balance the expected costs and benefits of mobility. Given the ever-present threat of new, future pandemics, how should permanent restrictions on mobility respond? A simple theoretical framework predicts that reduced...
Persistent link: https://www.econbiz.de/10012389000
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The …
Persistent link: https://www.econbiz.de/10012239442
This paper is an innovative attempt to empirically investigate the determinants of crude oil prices. The main objective is to distinguish between short- and long-term effects of some covariates on oil prices. The autoregressive distributed lag (ARDL) approach is applied to daily series spanning...
Persistent link: https://www.econbiz.de/10013429325
This research explores the persistent effect of the Neolithic Revolution on the evolution of life expectancy in the course of human history. It advances the hypothesis and establishes empirically that the onset of the Neolithic Revolution and the associated rise in infectious diseases triggered...
Persistent link: https://www.econbiz.de/10013170449
The Covid-19 pandemic has brought about massive declines in wellbeing around the world. This paper seeks to quantify …
Persistent link: https://www.econbiz.de/10012518090
This paper studies how wealth and health inequalities have interacted with the Covid-19 epidemic in a way that has … reinforced inequalities in income, savings, epidemic risk and even individual preventive behaviors. We present in more detail two … loosing their income because of contamination. Data on six countries confirm a disproportionate impact of the epidemic on the …
Persistent link: https://www.econbiz.de/10013273921