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We document systematic differences in bitcoin prices across 11 different markets representing 26\% of global bitcoin trade volume. These differences must --- due to the identical nature of all bitcoin--- result from characteristics of markets themselves. We examine differences across the markets...
Persistent link: https://www.econbiz.de/10012972053
How to conduct macro-prudential regulation? How to coordinate monetary policy and macro-prudential policy? To address …
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paper establishes that good monetary policy can reduce instability. Regulation at worse destabilises the economy and at best …
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Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …
Persistent link: https://www.econbiz.de/10012135983
We document significant differences in Bitcoin prices across 11 different markets representing 26% of global Bitcoin trade volume. These differences must — due to the identical nature of all bitcoin — result from characteristics of markets themselves. We examine differences across the...
Persistent link: https://www.econbiz.de/10012950795
We document systematic differences in bitcoin prices across 11 different markets representing 26% of global bitcoin trade volume. These differences must — due to the identical nature of all bitcoin — result from characteristics of markets themselves. We examine differences across the markets...
Persistent link: https://www.econbiz.de/10012965853