Bitcoin: an alternative currency to pay for goods and services or a useful investment tool? [PDF]
Research background: Bitcoin is defined as digital money in a peer-to-peer decentralized payment network, an amalgam hybrid between fiat and commodity currency without a real value.
Rowland Zuzana +2 more
doaj +1 more source
The Analysis of the Relationship between Stock Returns and Inflation: A Consequence of Real Shocks or Money Illusion? [PDF]
Studie se zabýva analýzou empiricky sledovaneho negativniho vztahu mezi výnosnosti akciových trhů a mirou inflace. Tento poznatek je totiž v rozporu se standardnim pohledem na akcie jako instrument zajisťujici majetek proti růstu cen. Prace se snaži shrnout zakladni teoreticka vysvětleni tohoto vztahu a na empirických datech replikuje pro připad ...
openaire +1 more source
Paper profits or real money? Trading costs and stock market anomalies in country ETFs
Are the quantitative equity strategies for country selection robust to implementation costs? To answer this question, we conduct a comprehensive examination of the country-level strategies so far. We review, classify, and replicate 120 equity anomalies within a sample of 42 country equity indices for the years 1996–2017.
Adam Zaremba, Laura Andreu
openaire +2 more sources
Money Demand and its Keynesian and Postkeynesian Concepts – case of the Czech Republic
Money exogeneity, stable money demand and its interest rates elasticity is basic condition of central banks’ monetary policy implementation and efficiency.
Svatopluk Kapounek
doaj +1 more source
Macroeconomic Determinants of the Stock Market Index and Policy Implications: The Case of a Central European Country [PDF]
This paper examines the relationship between Hungary’s stock market index and relevant macroeconomic variables. The GARCH model is applied in empirical work.
Yu HSING
doaj
Does the stock of money have any causal significance?
Recent developments in macroeconomics, and economic policy in general, have produced a "new consensus" economy-wide model, in which the stock of money does not play any causal role.
Philip Arestis, Malcolm Sawyer
doaj +1 more source
Assessing the asymmetric effects of capital and money markets on economic growth in China
This study examines the effects of capital and money market predictors on economic growth in China using non-linear autoregressive distributed lags and dynamic multiplier methods. Applying asymmetric techniques is based on the hypothesized linear effects
Mohammad Naim Azimi
doaj +1 more source
Financial Integration between Iran, OPEC and the Shanghai Organization [PDF]
This article investigates the financial convergence between Iran, OPEC & the Shanghai Organization trade groups, of which Iran is a member. The analysis covers the period of 2005 to 2017.In order to examine the convergence dynamics of these financial ...
Saghar Nikpour +3 more
doaj +1 more source
Hemp Cultivation and Crop Diversification: Implications for Ecosystem Services in Kentucky
ABSTRACT This study examines the ecosystem benefits of expanding hemp cultivation by assessing its impact on crop diversity. Using scenario‐based simulations and fixed‐effect panel regressions with county‐level data in Kentucky, we find that increased hemp acreage tends to enhance crop diversity, improving water quality and bird diversity.
Yunsun Park +4 more
wiley +1 more source
Does stock market development promote economic growth? A bounds testing analysis for Bangladesh
The aim of this paper is to investigate the linkage between stock market development and real economic growth in Bangladesh using time series data from 1981 to 2017 employing Autoregressive Distributed Lag (ARDL) bounds testing cointegration procedure ...
Md. Abu Hasan
doaj +1 more source

