Results 121 to 130 of about 44,135 (267)
Covid-19 impact on cryptocurrencies: evidence from a wavelet-based Hurst exponent [PDF]
, 2020 María Belén Arouxét +3 more
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State‐Dependent Relationship Between Cryptocurrency Returns and Credit Spreads
European Financial Management, EarlyView.ABSTRACT This study investigates how overconfident cryptocurrency traders influence the connection between returns and risk premia, proxied by option‐adjusted credit spreads. Using daily data from January 2021 to February 2025, we uncover asymmetry and state dependence: returns decline when spreads widen, particularly during crashes, yet they do not ...
Geul Lee, Doojin Ryu
wiley +1 more source
Price Discovery in Bitcoin ETF Market
Financial Review, EarlyView.ABSTRACT In this study, we explore price discovery across the following three Bitcoin markets: spot, futures, and exchange‐traded funds (ETFs). Employing the fractionally cointegrated vector autoregressive (FCVAR) model, we estimate price discovery in each market using minute‐level price data from October 19, 2021, the launch date of the first US ...
Kiana Kia +4 more
wiley +1 more source
Factors Influencing Adoption of Cryptocurrency-Based Transaction from an Islamic Perspective [PDF]
, 2020 Al-hussaini Abulfathi Ibrahim Saleh Al-hussaini +3 more
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An Economic Analysis of Difficulty Adjustment Algorithms in Proof‐of‐Work Blockchain Systems
International Economic Review, EarlyView.ABSTRACT We study the stability of cryptocurrency systems through difficulty adjustment. Bitcoin's difficulty adjustment algorithm (DAA) exhibits instability when the reward elasticity of the hash rate is high, implying that a sharp price reduction could disrupt the current Bitcoin system.
Shunya Noda +2 more
wiley +1 more source
Cryptocurrency Bubbles and Costly Mining
International Economic Review, EarlyView.ABSTRACT This paper develops a model of a cryptocurrency by incorporating mining into the otherwise standard search‐theoretic monetary framework. As usual, multiple equilibria exist. To obtain a sharp prediction on whether a cryptocurrency' s value will last in the future, I propose a notion of equilibrium refinement based on the feature that mining ...
Kohei Iwasaki
wiley +1 more source
Inference via the Skewness‐Kurtosis Set
International Statistical Review, EarlyView.Summary Kurtosis minus squared skewness is bounded from below by 1, but for unimodal distributions, this parameter is bounded by 189/125. In some applications, it is natural to compare distributions by comparing their kurtosis‐minus‐squared‐skewness parameters. The asymptotic behavior of the empirical version of this parameter is studied here for i.i.d.
Chris A. J. Klaassen, Bert van Es
wiley +1 more source
Compassionate Digital Innovation: A Pluralistic Perspective and Research Agenda
Information Systems Journal, EarlyView.ABSTRACT Digital innovation offers significant societal, economic and environmental benefits but is also a source of profound harms. Prior information systems (IS) research has often overlooked the ethical tensions involved, framing harms as ‘unintended consequences’ rather than symptoms of deeper systemic problems.
Raffaele F. Ciriello +5 more
wiley +1 more source
System analysis of the world cryptocurrency market
Вісник Харківського національного університету імені В.Н. Каразіна: Серія Економіка, 2018 The main focus of this article is the analysis of the global cryptocurrency market as an integrated system of cryptocurrencies and infrastructures that ensure their functioning.
T. V. Merkulova, J. M. Masliy
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AN ASSESSMENT OF THE ADOPTION OF CRYPTOCURRENCY AS A MODE OF PAYMENT BY SMES IN KIAMBU COUNTY, KENYA
, 2020 A. Mutiso, Brian Maguru
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