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- W3044481109 abstract "This paper investigates the causal relation between the performance of several cryptocurrencies and investor attention by employing Granger Causality tests and Vector Autoregression (VAR) models to examine such a relation. The findings show that interaction effects exist between returns and attention when I use Granger Causality tests, but when using VAR models, past cryptocurrency returns present a significant effect on future attention and weak reverse results. Thus, I hypothesize that if a cryptocurrency has higher past performance, then investors may pay more attention to it. After controlling the effect of economy-wide variables, I still find that past cryptocurrency returns significantly impact future attention." @default.
- W3044481109 created "2020-07-29" @default.
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- W3044481109 date "2021-05-01" @default.
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- W3044481109 title "Investor attention and cryptocurrency performance" @default.
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- W3044481109 doi "https://doi.org/10.1016/j.frl.2020.101702" @default.
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