- Tytuł:
- Are cryptocurrencies safe havens during the COVID-19 pandemic? A threshold regression perspective with pandemic-related benchmarks
- Autorzy:
-
Barbu, Teodora Cristina
Boitan, Iustina Alina
Cepoi, Cosmin-Octavian - Powiązania:
- https://bibliotekanauki.pl/articles/2058076.pdf
- Data publikacji:
- 2022-07-11
- Wydawca:
- Uniwersytet Ekonomiczny w Poznaniu
- Tematy:
-
Bitcoin
Ether
COVID-19
stock market index
sustainable indices
bond yield
threshold regression - Opis:
- The paper employs a threshold regression framework conditioned by two COVID-19 related proxies, to investigate whether Bitcoin and Ether exhibit short-term safe haven or diversiefir features for stock and bond markets. Both cryptocurrencies fulfil a diversiefir role for the responsible investments represented by sustainable stock market indices, a safe haven role for major bond markets and a mixed role for a selection of representative stock market indices. Furthermore, in times characterized by an increasing number of COVID-19 daily cases or deaths the statistical relationship between both cryptocurrencies and the main nfiancial market determinants weakens.
- Źródło:
-
Economics and Business Review; 2022, 8, 2; 29-49
2392-1641 - Pojawia się w:
- Economics and Business Review
- Dostawca treści:
- Biblioteka Nauki
Artykuł