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This paper investigates whether Bitcoin acts as a diversifier, hedge or safe haven tool for investors in major … South Korea, but only as a diversifier for investors in developed countries and for commodities. Moreover, Bitcoin acts as a … investments. Furthermore, it distinguishes the benefits of Bitcoin as a diversifier, hedge and safe haven to investors in the …
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panel of large cryptocurrencies in addition to Bitcoin. Our results provide insights that are not apparent in previous …
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bond markets, and investigate the role of gold as a hedge and safe haven asset from an ex-ante point of view. The results … show that gold is not expected to serve as hedge and safe haven for the bond and stock markets, but it is so realized ex …-post. Further, we find that gold is neither expected to be an inflation hedge nor is it realized. …
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This paper aims to find the effectiveness of Cryptocurrency on well-formed portfolio with assets like Commodities …
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Bitcoin, and other cryptocurrencies. We find that increases in investor attention are associated with higher returns, more …
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We utilize a unique data from the recent wave of Survey of Consumer Finance 2019 to analyze the portfolio choice of a new and raising asset class: cryptocurrency. Namely, who owns crypto and why? We first analyze how key households’ demographic (age, gender, race, etc.) and household’s...
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