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Are Bitcoin and Ethereum safe-havens for stocks during the COVID-19 pandemic?

Utilizing the WHO COVID-19 pandemic statement, we test Bitcoin and Ethereum as safe-havens for stocks. We find that the two largest cryptocurrencies are suitable as short-term safe-havens. The DCC and cDCC results show that their daily returns tend to correlate with S&P500 return negatively duri...

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Podrobná bibliografie
Vydáno v:Financ Res Lett
Hlavní autoři: Dwita Mariana, Christy, Ekaputra, Irwan Adi, Husodo, Zaäfri Ananto
Médium: Artigo
Jazyk:Inglês
Vydáno: Elsevier Inc. 2021
Témata:
On-line přístup:https://ncbi.nlm.nih.gov/pmc/articles/PMC7566681/
https://ncbi.nlm.nih.gov/pubmed/33100925
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.frl.2020.101798
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