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Bitcoin, as the first decentralized cryptocurrency, pioneers the cryptocurrency markets, both in terms of market … capitalization and scientific interest. In this paper, we performed a comprehensive bibliometric study of the Bitcoin … main research areas, types of published documents, most important platforms and sources of Bitcoin publications, highly …
Persistent link: https://www.econbiz.de/10013201111
investment, but allow for harmful bubbles. Aggressive fiscal policy can prevent bubbles. …
Persistent link: https://www.econbiz.de/10011942787
After more than a decade of existence, crypto-currencies may now be considered an important class of assets presenting … comprehensive statistical analysis of the six most important crypto-currencies from the period 2015-2020. Using daily data we (1 … crypto-coins' price trajectories do not contain speculative bubbles and that they move together maintaining the long run …
Persistent link: https://www.econbiz.de/10012611443
can describe the explosive increase in the number of traded cryptocurrencies and the cryptocurrency market in general. In … number of traded cryptocurrencies and (2) in terms of increasing market capitalization for a given number of traded … cryptocurrencies. By analyzing weekly snapshot data of all traded cryptocurrencies from January 4, 2009, to June 14, 2020, we find …
Persistent link: https://www.econbiz.de/10012602890
bubbles are awed due to an insufficient consideration of the fundamental value of cryptocurrencies. As even fiat money is said … to exhibit features of bubbles, the same applies to cryptocurrencies. Thus, any empirical investigation into either the … presence of cryptocurrency bubbles or the fundamental value of cryptocurrencies is needless. Second, the paper conducts a short …
Persistent link: https://www.econbiz.de/10012052849
, cryptocurrencies have been increasingly utilised for international transactions, and it is possible that the use of these … cryptocurrencies might expand in the future. This paper therefore examines the potential role of digital currency balances as part of …
Persistent link: https://www.econbiz.de/10011559200
The paper explores the precarious balance between modernizing monetary systems by means of digital currencies (either issued by the central bank itself or independently) and safeguarding financial stability as also ensured by tangible payment (and saving) instruments like paper money. Which...
Persistent link: https://www.econbiz.de/10012036860
The paper explores the precarious balance between modernizing monetary systems by means of digital currencies (either issued by the central bank itself or independently) and safeguarding financial stability as also ensured by tangible payment (and saving) instruments like paper money. Which...
Persistent link: https://www.econbiz.de/10012140701
This paper proposes a method for estimating the joint distribution of two or more variables when only their marginal distributions and the distribution of their aggregates are observed. Nonparametric identification is achieved by modelling dependence using a latent commonfactor structure....
Persistent link: https://www.econbiz.de/10012014484
We provide an analysis of cash trends in Canada before and during the COVID-19 pandemic. Focusing on the pandemic period, we explore the implications on demand for, use of and access to cash. We find that cash demand has been strong pre-pandemic and increased sharply during the pandemic. While...
Persistent link: https://www.econbiz.de/10014541742