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Bitcoin has been reported by empirical studies as mostly isolated or uncorrelated with conventional financial assets, thereby expounding its safe haven potentials in both normal and crisis periods. However, instead of the assumptions, the COVID-19 outbreak presents a maiden real global market...
Persistent link: https://www.econbiz.de/10012822768
The bear markets associated with the ongoing COVID-19 crisis present a test case to examine the traditionally expounded safe haven capabilities of gold and other precious metals, as well as the growing claims that bitcoin is the new “virtual gold” of our time. New evidence from our paper...
Persistent link: https://www.econbiz.de/10012823655
For over a decade of practicing inflation targeting (IT) strategy, inflation has remained high and persistent while economic growth momentum has boosted in Ghana. This paper investigates the relative macroeconomic benefits of the IT strategy in Ghana based on business cycle fluctuations and...
Persistent link: https://www.econbiz.de/10014093032
Despite the momentous rise in ICT diffusion, and financial development in sub-Saharan Africa (SSA), their plausible joint effect on inclusive growth have not been explored, leaving a lacuna in the literature. This study, therefore, examines the direct and indirect effects of ICT diffusion on...
Persistent link: https://www.econbiz.de/10013295047
This study investigates how issues around insecurity and corruption may affect citizen/investor mood during political elections, the impact this may have on the chances of an incumbent (opposition) candidate getting re-elected (elected), and how markets perceive the actual election outcomes. To...
Persistent link: https://www.econbiz.de/10013404571