This paper investigates whether market quality, uncertainty, investor sentiment and attention, and macroeconomic news affect bitcoin price discovery in spot and futures markets. Over the period December 2017–March 2019, we find significant time variation in the contribution to price discovery...

This paper investigates whether religiosity affects liquidity for a broad sample of U.S. listed companies. Over the period 1997–2020, we find a negative and statistically significant relation between religiosity and the bid-ask spread. Further, we document that firms located in more religious...