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- W2913312697 abstract "Abstract Cryptocurrencies have recently attracted numerous interests from investors as potential investable assets. However, research on their responses to macroeconomic policies remains insufficient. This study examines the asymmetric impacts of monetary policies on cryptocurrency returns during monetary tightening versus monetary easing regimes. Interestingly, we find significant responses of four major cryptocurrencies including Bitcoin to Chinese tightening monetary policies; however, U.S. monetary policies do not significantly affect cryptocurrency returns." @default.
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- W2913312697 date "2019-04-01" @default.
- W2913312697 modified "2023-10-02" @default.
- W2913312697 title "Asymmetric monetary policy effects on cryptocurrency markets" @default.
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- W2913312697 doi "https://doi.org/10.1016/j.ribaf.2019.01.011" @default.
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