Results 61 to 70 of about 1,033 (198)
Enjeux et promesses des stablecoins décentralisés
International audienceCet article propose une analyse économique des stablecoins mettant en évidence les liens avec la finance traditionnelle. Même s'il existe des stablecoins dont l'arrimage est garanti par un tiers de confiance, cet article se ...
Choukroun, Sébastien +2 more
core
ABSTRACT ‘Bottom‐up nationalism’—the belief that the nation is of the people, by the people and for the people—can serve as a powerful collective action frame for mass mobilization. We study the evolution of Tunisian dinar banknote iconography as an indicator of the institutionalization of bottom‐up nationalism before and after the Jasmine Revolution ...
Jacques E. C. Hymans, Chloe Bernadaux
wiley +1 more source
Los objetivos y los instrumentos de la política económica han experimentado cambios a lo largo del tiempo, especialmente en períodos de crisis. La crisis financiera global iniciada en 2008 puso de manifiesto la importancia de la estabilidad financiera ...
Antonio Calvo Bernardino +1 more
doaj
Markov Determinantal Point Process for Dynamic Random Sets
ABSTRACT The Law of Determinantal Point Process (LDPP) is a flexible parametric family of distributions over random sets defined on a finite state space, or equivalently over multivariate binary variables. The aim of this paper is to introduce Markov processes of random sets within the LDPP framework. We show that, when the pairwise distribution of two
Christian Gouriéroux, Yang Lu
wiley +1 more source
Schweizer Kryptoregulierung: Gesetzgeberischer Handlungsbedarf im Zivil- und Aufsichtsrecht
Die rechtliche Einordnung von Kryptowerten ist in der Schweiz noch nicht abgeschlossen. Damit die Schweiz für den Markt rund um Kryptowerte attraktiv bleibt, sind zum einen die zivilrechtlichen Voraussetzungen für deren rechtssichere Voll- oder ...
Mirjam Eggen
doaj +1 more source
Formation of Money Supply, Taking into Account the Role of Virtual Assets [PDF]
The introduction of such tools as Initial Coin Offerings (ICO), Decentralized Finance (DeFi) platforms and smart contracts creates new opportunities for raising capital.
Serhii Zashchypas
doaj +1 more source
ABSTRACT Perpetual futures are contracts without expiration date in which the anchoring of the futures price to the spot price is ensured by periodic funding payments from long to short. We derive explicit expressions for the no‐arbitrage price of various perpetual contracts, including linear, inverse, and quantos futures in both discrete and ...
Damien Ackerer +2 more
wiley +1 more source
How Tether Depegging Affects Cryptocurrency Returns
ABSTRACT This paper examines the relationship between Tether depegging events and the returns of ten major cryptocurrencies from November 2017 to November 2024. We distinguish between upward and downward deviations from the Tether peg, identifying these events as threshold exceedances based on historical prices, using both constant parameter and ...
Sean Foley +2 more
wiley +1 more source
Are the stabilities of stablecoins connected?
This study analyzes the interconnection of the stability of prominent stablecoins including Tether (USDT), USD Coin (USDC), Paxos Standard (PAX), TrueUSD (TUSD) and DAI from 23/11/2019 to 1/04/2021.
Thai Nguyen (18034234) +4 more
core
When the Tail Wags the Dog: A Time‐Varying FCVAR Analysis of Bitcoin Market
ABSTRACT This paper examines how the relationship between Bitcoin spot and futures markets has evolved using a time‐varying Fractionally Cointegrated Vector Autoregressive (FCVAR) model. We are the first to apply this methodology dynamically to cryptocurrency markets, allowing us to simultaneously analyze long‐run equilibrium, pricing patterns, market ...
Filippo di Pietro +2 more
wiley +1 more source

