Matches in SemOpenAlex for { <https://semopenalex.org/work/W4225580801> ?p ?o ?g. }
- W4225580801 endingPage "425" @default.
- W4225580801 startingPage "387" @default.
- W4225580801 abstract "Using the NARDL model for the period of pandemic COVID19, we examined the asymmetric relationship between six crypto-currencies (Bitcoin, Litecoin, Bitcoin gold, Dash, Maker, and Ehereum) and seven stock market prices (S&P500, CAC40, DAX30, NIKKEI, FTSE, FTSEMIB, and SPTSX) accounting for the effects of Gold and WTI prices. In the long run, our results revealed, in most cases, a positive asymmetric relationship between digital and financial assets, suggesting a weak safe haven role for crypto-currencies. The oil price (WTI) was also found to act as a diversifier. However, for, the results revealed, in most cases, a negative asymmetric relationship between the yellow metal and the different stock prices, suggesting that gold can act as a good hedging instrument or a safe haven against stock prices in the long run. On the other hand, in the short run, the results indicate that only Bitcoin, Litecoin, and Maker have an asymmetric effect on the chosen stock prices but the effect is positive in most cases. Moreover, gold can act as a hedge/safe-haven asset in the short run. Finally, while examining the dynamic response of stock prices to the negative and positive shocks of crypto-currencies, we concluded that the majority of stock prices respond more to the negative shocks of crypto-currencies than to the positive ones." @default.
- W4225580801 created "2022-05-05" @default.
- W4225580801 creator A5046208163 @default.
- W4225580801 creator A5051001905 @default.
- W4225580801 creator A5066492494 @default.
- W4225580801 date "2022-04-08" @default.
- W4225580801 modified "2023-10-05" @default.
- W4225580801 title "Testing for asymmetric non-linear short- and long-run relationships between crypto-currencies and stock markets" @default.
- W4225580801 cites W1030534343 @default.
- W4225580801 cites W1798106456 @default.
- W4225580801 cites W1814314483 @default.
- W4225580801 cites W1939526929 @default.
- W4225580801 cites W1965635191 @default.
- W4225580801 cites W1966268097 @default.
- W4225580801 cites W1966910378 @default.
- W4225580801 cites W1986033851 @default.
- W4225580801 cites W1994045802 @default.
- W4225580801 cites W2012615794 @default.
- W4225580801 cites W2039734130 @default.
- W4225580801 cites W2041854950 @default.
- W4225580801 cites W2042442456 @default.
- W4225580801 cites W2079081798 @default.
- W4225580801 cites W2080238377 @default.
- W4225580801 cites W2080369131 @default.
- W4225580801 cites W2105204712 @default.
- W4225580801 cites W2124428761 @default.
- W4225580801 cites W2162656107 @default.
- W4225580801 cites W2163852727 @default.
- W4225580801 cites W2166548502 @default.
- W4225580801 cites W2219334288 @default.
- W4225580801 cites W2301459175 @default.
- W4225580801 cites W2478698880 @default.
- W4225580801 cites W2523675164 @default.
- W4225580801 cites W2523759904 @default.
- W4225580801 cites W2525810371 @default.
- W4225580801 cites W2526568049 @default.
- W4225580801 cites W2567400984 @default.
- W4225580801 cites W2570822076 @default.
- W4225580801 cites W2601386739 @default.
- W4225580801 cites W2613948579 @default.
- W4225580801 cites W2622082560 @default.
- W4225580801 cites W2633618984 @default.
- W4225580801 cites W2694190980 @default.
- W4225580801 cites W2715336514 @default.
- W4225580801 cites W2732971366 @default.
- W4225580801 cites W2736872974 @default.
- W4225580801 cites W2740288336 @default.
- W4225580801 cites W2755889129 @default.
- W4225580801 cites W2771030840 @default.
- W4225580801 cites W2771814524 @default.
- W4225580801 cites W2783933003 @default.
- W4225580801 cites W2785402060 @default.
- W4225580801 cites W2788755980 @default.
- W4225580801 cites W2791494679 @default.
- W4225580801 cites W2791501975 @default.
- W4225580801 cites W2793906868 @default.
- W4225580801 cites W2802608535 @default.
- W4225580801 cites W2888832810 @default.
- W4225580801 cites W2889898831 @default.
- W4225580801 cites W2889910355 @default.
- W4225580801 cites W2890217642 @default.
- W4225580801 cites W2896197579 @default.
- W4225580801 cites W2897624602 @default.
- W4225580801 cites W2898042373 @default.
- W4225580801 cites W2900717462 @default.
- W4225580801 cites W2907239239 @default.
- W4225580801 cites W2910161434 @default.
- W4225580801 cites W2914036798 @default.
- W4225580801 cites W2914157958 @default.
- W4225580801 cites W2921367865 @default.
- W4225580801 cites W2946519925 @default.
- W4225580801 cites W2947521848 @default.
- W4225580801 cites W2962690444 @default.
- W4225580801 cites W2963138373 @default.
- W4225580801 cites W2966684487 @default.
- W4225580801 cites W2971544019 @default.
- W4225580801 cites W2983833293 @default.
- W4225580801 cites W3007374507 @default.
- W4225580801 cites W3015769695 @default.
- W4225580801 cites W3016616255 @default.
- W4225580801 cites W3016752284 @default.
- W4225580801 cites W3024675304 @default.
- W4225580801 cites W3026117698 @default.
- W4225580801 cites W3026661449 @default.
- W4225580801 cites W3045932248 @default.
- W4225580801 cites W3084123789 @default.
- W4225580801 cites W3090177343 @default.
- W4225580801 cites W3118020406 @default.
- W4225580801 cites W3120784010 @default.
- W4225580801 cites W3121940608 @default.
- W4225580801 cites W3122186884 @default.
- W4225580801 cites W3122309686 @default.
- W4225580801 cites W3122493854 @default.
- W4225580801 cites W3123068586 @default.
- W4225580801 cites W3123513234 @default.
- W4225580801 cites W3123598957 @default.
- W4225580801 cites W3124188637 @default.
- W4225580801 cites W3125157582 @default.