| bibtype |
J -
Journal Article
|
| ARLID |
0561400 |
| utime |
20230324090325.5 |
| mtime |
20220921235959.9 |
| SCOPUS |
85128287939 |
| WOS |
000782985200001 |
| DOI |
10.1186/s40854-022-00343-8 |
| title
(primary) (eng) |
On the role of stablecoins in cryptoasset pricing dynamics |
| specification |
| page_count |
26 s. |
| media_type |
E |
|
| serial |
| ARLID |
cav_un_epca*0525779 |
| ISSN |
Financial Innovation |
| title
|
Financial Innovation |
| volume_id |
8 |
| publisher |
|
|
| keyword |
Cryptocurrencies |
| keyword |
Cryptoassets |
| keyword |
Bitcoin |
| keyword |
Stablecoins |
| keyword |
Tether |
| 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) |
We examine the interactions between stablecoins, Bitcoin, and a basket of altcoins to uncover whether stablecoins represent the investors’ demand for trading and investing into cryptoassets or rather play a role as boosting mechanisms during cryptomarkets price rallies. Using a set of instruments covering the standard cointegration framework as well as quantile-specific and non-linear causality tests, we argue that stablecoins mostly reflect an increasing demand for investing in cryptoassets rather than serve as a boosting mechanism for periods of extreme appreciation. We further discuss some specificities of 2017, even though the dynamic patterns remain very similar to the general behavior. Overall, we do not find support for claims about stablecoins being bubble boosters in the cryptoassets ecosystem. |
| 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/11104/0334650 |
| confidential |
S |
| article_num |
37 |
| mrcbC86 |
n.a. Article Business Finance|Social Sciences Mathematical Methods |
| mrcbC91 |
C |
| mrcbT16-e |
BUSINESSFINANCE|SOCIALSCIENCESMATHEMATICALMETHODS |
| mrcbT16-j |
0.963 |
| mrcbT16-s |
1.171 |
| mrcbT16-D |
Q3 |
| mrcbT16-E |
Q2 |
| arlyear |
2022 |
| mrcbU14 |
85128287939 SCOPUS |
| mrcbU24 |
PUBMED |
| mrcbU34 |
000782985200001 WOS |
| mrcbU63 |
cav_un_epca*0525779 Financial Innovation 2199-4730 Roč. 8 č. 1 2022 Springer |
|