Showing 1 - 10 of 26,687
We investigate the performance of funds that specialise in cryptocurrency markets. In doing so, we contribute to a growing literature that aims to understand the role of digital assets as an investment. Methodologically, we implement a novel panel bootstrap approach that samples jointly the...
Persistent link: https://www.econbiz.de/10012838990
While the many commonalities shared by Bitcoin and gold raise a question of whether Bitcoin is a safe-haven like gold …, relevant empirical evidence to date is mixed. Unlike existing empirical studies, we derive a simple estimable model of Bitcoin … dynamic effects of macro factors, including income, inflation, and interest rates on Bitcoin prices at a weekly frequency …
Persistent link: https://www.econbiz.de/10012839350
This paper examines the volatility interconnection between the main cryptocurrencies and traditional currencies during the period of February 2014-September 2018 using both a framework proposed by Diebold and Yilmaz (2014) and the modified approach of Antonakakis and Gabauer (2017). Our results...
Persistent link: https://www.econbiz.de/10012865339
introduction of the blockchain concept by the founder of Bitcoin in 2008. An important element of these public ledger platforms is …
Persistent link: https://www.econbiz.de/10013055525
The interest in decentralized financial markets and cryptoassets is growing steadily, with by now an operationalized asset volume and assets under management (AUM) accounting towards a monetary equivalent of several billion USD. With growing public and investment interest, an intense academic...
Persistent link: https://www.econbiz.de/10013211868
This study assesses how effective governance institutions and de jure financial openness influence the attitude of policy makers in pursuing further financial development by allowing the use of cryptocurrency. In other words, we examine the relationships between a) de jure openness to...
Persistent link: https://www.econbiz.de/10012031049
In the inverted yield curve environment, whether the sixteen SDGs set up by the United Nations could be realized by 2030 sparks interesting considerations. Meanwhile, as the Reserve Bank of New Zealand is considering the potential issuance of the CBDC, the boost to SDG 8 - decent work and...
Persistent link: https://www.econbiz.de/10014350207
Persistent link: https://www.econbiz.de/10012108532
The first global cryptocurrency benchmarking study presents a systematic and comprehensive picture of a rapidly evolving industry, illustrating how cryptocurrencies are being used, stored, transacted and mined. The study gathered non-public data from more than 100 cryptocurrency companies and...
Persistent link: https://www.econbiz.de/10012956785
The first global blockchain benchmarking study presents a systematic and comprehensive picture of a rapidly evolving industry, examining how blockchain and distributed ledger technology (DLT) are being used in the public sector and enterprise. The study analysed non-publicly available data...
Persistent link: https://www.econbiz.de/10012901027