| Autor: |
Barbu Teodora Cristina, Boitan Iustina Alina, Cepoi Cosmin-Octavian |
| Jazyk: |
angličtina |
| Rok vydání: |
2022 |
| Předmět: |
|
| Zdroj: |
Economics and Business Review, Vol 8, Iss 2, Pp 29-49 (2022) |
| Druh dokumentu: |
article |
| ISSN: |
2450-0097 |
| DOI: |
10.18559/ebr.2022.2.3 |
| Popis: |
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 diversifier features for stock and bond markets. Both cryptocurrencies fulfil a diversifier 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 financial market determinants weakens. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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