This paper examines the Kolb amp; Rodrigues (1987) 'Friday the 13th' Anomaly using a consistent international dataset, the FT_Actuaries indices. It is found that the mean return on Friday the 13th is significantly greater than that of all other Friday's and that this result stems from a source...

This paper looks at the relationships between the structure, conduct, and performance of the main Irish depository credit institutions in the years 1988-1993 inclusive. Uniquely among papers on the Irish system, it allows for a direct comparison among three main contenders as a theory. These are...

Annual electricity consumption for cryptocurrency mining is growing yearly, driven by the increasing difficulty in mining. Total carbon production from mining now likely exceeds that generated by the entire nation of Portugal. This is a feature, not a bug, in cryptocurrencies. This paper...

This paper identifies several stylised facts relating to the volatility and price discovery process from eight cryptocurrencies utilising an empirical analysis of intra-day trading data to uncover four main results. First, cryptocurrencies exhibit weekend-volatility effects while intra-day...

Gold's role as a safe haven asset has been intensively studied in recent years. This paper extends the precious metals literature and examines the safe haven properties of four precious metals (gold, silver, platinum and palladium) against US stock and bond declines. We also examine how these...

This is the first paper to examine the microstructure of the Irish Stock Market empirically and is motivated by the adoption, on June 7th of Xetra the modern pan European auction trading system. Prior to this the exchange utilized an antiquated floor based system. This change was an important...

We investigate which of the two main centers of gold trading — the London spot market and the New York futures market — plays a more important role in setting the price of gold. Using intraday data during a 17-year period we find that although both markets contribute to price discovery, the...

What is the relationship between gold prices and inflation? The answer does not only depend on the studied time window, but also on the definition of inflation. We work with forty years of data and apply a Johansen test of cointegration to the price of gold and inflation indices in the United...

In addition to a myriad of industrial uses, precious metals continue to play an important role in the global financial system; they are increasingly popular as an investment and form part of a well-diversified portfolio in addition to acting as central bank reserves. Understanding how...