Cryptocurrencies, fiat money or gold standard: an empirical evidence from volatility structure analysis using news impact curve
This study investigates whether symmetric and asymmetric volatility effects are persisted in the daily return series of Bitcoin currency compared to the gold and fiat money system using GARCH family models. The symmetric analysis shows that the three monetary systems exhibit time-varying volatility...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
| Published: |
Inderscience Publishers
2019
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/72916/ http://irep.iium.edu.my/72916/ http://irep.iium.edu.my/72916/ http://irep.iium.edu.my/72916/1/72916_Cryptocurrencies%2C%20Fiat%20money%20or%20gold%20standard.pdf http://irep.iium.edu.my/72916/7/72916-Cryptocurrencies%2C%20fiat%20money%20or%20gold%20standard%20an%20empirical%20evidence%20from%20volatility%20structure%20analysis-scopus.pdf |
Internet
http://irep.iium.edu.my/72916/http://irep.iium.edu.my/72916/
http://irep.iium.edu.my/72916/
http://irep.iium.edu.my/72916/1/72916_Cryptocurrencies%2C%20Fiat%20money%20or%20gold%20standard.pdf
http://irep.iium.edu.my/72916/7/72916-Cryptocurrencies%2C%20fiat%20money%20or%20gold%20standard%20an%20empirical%20evidence%20from%20volatility%20structure%20analysis-scopus.pdf