Ajmi, Hechem; Arfaoui, Nadia - In: Journal of Financial Economic Policy 13 (2020) 1, pp. 94-115
Purpose: This paper aims to investigate the effect of the political risk on Bitcoin return and volatility during the 2016 US pre-election and post-election periods. Design/methodology/approach: A daily composite political risk index is calculated by using the principal component analysis and...