Showing 1 - 10 of 49
This paper provides a systematic review of the empirical literature on the major topics that have been associated with the market for cryptocurrencies since their development as a financial asset in 2009. Despite astonishing price appreciation in recent years, cryptocurrencies have been...
Persistent link: https://www.econbiz.de/10012924511
Using a sample of Irish Buy-to-let residential property investors, we provide a breakdown of their characteristics. We confirm some issues suspected in popular discourse and find new evidence. We provide evidence on the determinants of the decision to sell or not amongst a sample of Irish...
Persistent link: https://www.econbiz.de/10013074800
Corruption in finance is a relatively new topic which is gathering researcher's attention because of the increase in frauds and alike activities in the financial sector. The main aim of this article is to aid researchers to understand the overall trends, shifts and structure of corruption in...
Persistent link: https://www.econbiz.de/10014517069
In this study, we examine the multiple direct foreign-listing by analyzing characteristics of listing firms as well as hosting and home countries. Our results show that listing premium increases over time, but this premium diminishes as the firm lists in additional foreign markets. Multiple...
Persistent link: https://www.econbiz.de/10010665568
Recent research has identified the presence of behavioral influences on traders in predominantly professionally traded markets such as oil, gold, and foreign exchange. Previous research had largely confined behavioral-based investigations to equity markets due to an assumption that noise traders...
Persistent link: https://www.econbiz.de/10011097629
We offer the first examination of whether the gold forward rate is an unbiased predictor of the future gold spot rate. We find strong evidence that it is not, particularly at longer maturities. Building on Aggarwal and Zong's (2008) approach to allow for investor risk aversion, we then examine...
Persistent link: https://www.econbiz.de/10011097630
This paper analyzes the existence of flight-to-quality from stocks to bonds and contagion between the two asset classes. Flight-to-quality is present if correlations between stocks and bonds strongly decrease in falling stock markets since this constitutes a movement of the asset classes in...
Persistent link: https://www.econbiz.de/10005121281
An important puzzle in international finance is the failure of the forward exchange rate to be a rational forecast of the future spot rate. It has often been suggested that this puzzle may be resolved by using better statistical procedures that correct for both non-stationarity and nonnormality...
Persistent link: https://www.econbiz.de/10005157532
The high volatility of the blockchain markets has driven the attention of investors and market participants to concentrate on the diversification avenues of NFTs, DeFis, and Cryptos. We examined the extreme risk transmission of block-chain markets using the quantile connectedness technique at...
Persistent link: https://www.econbiz.de/10014351709
We investigate whether there exists a relationship between eight proxy variables for investor mood (based on the weather, biorhythms, and beliefs) and daily Irish stock returns over the period 1988 to 2001. Our study is motivated by recent research which argues that people's decisions are...
Persistent link: https://www.econbiz.de/10012767624