| bibtype |
J -
Journal Article
|
| ARLID |
0561397 |
| utime |
20230324085956.0 |
| mtime |
20220921235959.9 |
| SCOPUS |
85102304459 |
| WOS |
000720832100041 |
| DOI |
10.1016/j.frl.2021.101991 |
| title
(primary) (eng) |
Tethered, or Untethered? On the interplay between stablecoins and major cryptoassets |
| specification |
| page_count |
5 s. |
| media_type |
P |
|
| serial |
| ARLID |
cav_un_epca*0361997 |
| ISSN |
1544-6123 |
| title
|
Finance Research Letters |
| volume_id |
43 |
| publisher |
|
|
| keyword |
Crypto currencies |
| keyword |
Crypto assets |
| keyword |
Bitcoin |
| keyword |
Stablecoins |
| keyword |
Tether |
| keyword |
Spillovers |
| author
(primary) |
| ARLID |
cav_un_auth*0256902 |
| name1 |
Krištoufek |
| name2 |
Ladislav |
| institution |
UTIA-B |
| full_dept (cz) |
Ekonometrie |
| full_dept (eng) |
Department of Econometrics |
| department (cz) |
E |
| department (eng) |
E |
| full_dept |
Department of Econometrics |
| country |
CZ |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| source |
|
| source |
|
| cas_special |
| project |
| project_id |
GA20-17295S |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0397556 |
|
| abstract
(eng) |
Stablecoins and their leader Tether have been one of the controversial topics of cryptomarkets and their role in price rallies of the past few years has been questioned repeatedly. Using the generalized vector autoregressive framework and directed spillovers based on the forecast error variance decompositions, we find no evidence of stablecoins boosting the prices of other cryp- toassets. On the contrary, the increased stablecoins issuances come in reaction to the other cryptoassets price changes, which suggests they rather reflect increasing demand in investing into the cryptomarkets that gets materialized in demand for the “digital fiat”. |
| result_subspec |
WOS |
| RIV |
AH |
| FORD0 |
50000 |
| FORD1 |
50200 |
| FORD2 |
50201 |
| reportyear |
2023 |
| num_of_auth |
1 |
| inst_support |
RVO:67985556 |
| permalink |
https://hdl.handle.net/11104/0334060 |
| confidential |
S |
| article_num |
101991 |
| mrcbC86 |
1* Article Business Finance |
| mrcbC91 |
C |
| mrcbT16-e |
BUSINESSFINANCE |
| mrcbT16-j |
1.26 |
| mrcbT16-s |
2.007 |
| mrcbT16-D |
Q2 |
| mrcbT16-E |
Q1 |
| arlyear |
2021 |
| mrcbU14 |
85102304459 SCOPUS |
| mrcbU24 |
PUBMED |
| mrcbU34 |
000720832100041 WOS |
| mrcbU63 |
cav_un_epca*0361997 Finance Research Letters 1544-6123 1544-6131 Roč. 43 č. 1 2021 Elsevier PRINT |
|