Showing 1 - 10 of 19
This paper explores the impact of Kodak’s announcements of ventures into the cryptocurrency and pharmaceutical industries on market sentiment and investor emotions. Evaluating social media data using novel sentiment analysis techniques, we find that emotions such as excitement, mania, anxiety,...
Persistent link: https://www.econbiz.de/10014352977
The paper considers the potential motives for Central Banks’ issuance of digital currencies (hereafter CBDC), where an important issue relates to the risk they might subsequently carry due to the potential misuse of CBDC and the distrust of nations acting outside of expected norms. Against...
Persistent link: https://www.econbiz.de/10014236702
At the beginning of the 2020 global COVID-2019 pandemic, Chinese financial markets acted as the epicentre of both physical and financial contagion. Our results indicate that a number of characteristics expected during a "flight to safety" were present during the period analysed. The volatility...
Persistent link: https://www.econbiz.de/10012838306
This paper examines the relationship between news coverage and Bitcoin returns. Previous studies have provided evidence to suggest that macroeconomic news affects stock returns, commodity prices, and interest rates. We construct a sentiment index based on news stories that follow the...
Persistent link: https://www.econbiz.de/10012839983
This paper examines the relationship between news coverage and Bitcoin returns. Previous studies have provided evidence to suggest that macroeconomic news affects stock returns, commodities and interest rates. We extend the approach developed by Birz and Lott [2011] to examine the hypothesis...
Persistent link: https://www.econbiz.de/10012924762
Eastman Kodak is an American technology company that produces imaging products. In 2018, it announced its intentions to enter the crytpocurrency market, raising concerns that it could be taking advantage of a potential cryptocurrency bubble for short-term gains. We analyse the relationships...
Persistent link: https://www.econbiz.de/10012924963
Blockchain technology appears to be ready to revolutionise a broad number of industries. However, the blockchain itself contains a number of inefficiencies and areas for improvement, namely: transaction fees and transaction speeds. Directed acyclic graphs (DAGs) address, and improve on these...
Persistent link: https://www.econbiz.de/10012888905
We provide, for the first time, a disaggregated input output table for Irish higher education. Using this we constructed type I and type II multipliers for gross output. We find that Irish higher education institutions have high, but explicable, Type II multipliers. Taking account of the...
Persistent link: https://www.econbiz.de/10013045828
We analyse, in the time and frequency domains, the relationships between three popular cryptocurrencies and a variety of other financial assets. We find evidence of the relative isolation of these assets from the financial and economic assets. Our results show that cryptocurrencies may offer...
Persistent link: https://www.econbiz.de/10012943562
We examine the response of a broad set of digital assets to US Federal Fund interest rate and quantitative easing announcements, specifically examining associated volatility spillover and feedback effects. We classify each digital asset into one of three categories: Currencies; Protocols; and...
Persistent link: https://www.econbiz.de/10012900613