Crypto-assets, Uncertainties, and Geopolitical Risks

被引:0
作者
Boungou, Whelsy [1 ]
Yatie, Alhonita [2 ]
机构
[1] Paris Sch Business, Paris, France
[2] IAE Bretagne Sud, Vannes, France
关键词
Geopolitical risks; Uncertainty; Crypto-asset; BITCOIN; GOLD;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Are crypto-assets resilient to rising uncertainties and geopolitical tensions? This article aims to examine the impact of economic uncertainties and geopolitical risks on crypto-assets performance. To do so, we mobilize data on the returns of 105 crypto-assets from January 2019 to December 2023.Our results highlight that uncertainties negatively and significantly affect the performance of crypto-assets. Moreover, crypto-asset returns are sensitive to geopolitical tensions (regardless of the threat or its execution). Overall, we provide unique evidence of the impact of uncertainties and geopolitical risks on crypto-asset market performance.
引用
收藏
页码:55 / 64
页数:10
相关论文
共 38 条
  • [1] Effect of Russia-Ukraine war sentiment on blockchain and FinTech stocks
    Abakah, Emmanuel Joel Aikins
    Adeabah, David
    Tiwari, Aviral Kumar
    Abdullah, Mohammad
    [J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2023, 90
  • [2] AHIR H., 2018, The world uncertainty index, DOI DOI 10.2139/SSRN.3275033
  • [3] Al-Khazali O, 2018, ECON BULL, V38, P373
  • [4] Al-Thaqeb S. A., Journal of Economic Asymmetries, V20, DOI [https://doi.org/10.1016/j.jeca.2019.e00133, DOI 10.1016/J.JECA.2019.E00133, 10.1016/j.jeca.2019.e00133]
  • [5] Cryptocurrencies and stock market indices. Are they related?
    Alberiko Gil-Alana, Luis
    Abakah, Emmanuel Joel Aikins
    Romero Rojo, Maria Fatima
    [J]. RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2020, 51
  • [6] Measuring Economic Policy Uncertainty
    Baker, Scott R.
    Bloom, Nicholas
    Davis, Steven J.
    [J]. QUARTERLY JOURNAL OF ECONOMICS, 2016, 131 (04) : 1593 - 1636
  • [7] Risk, uncertainty, and asset prices
    Bekaert, Geert
    Engstrom, Eric
    Xing, Yuhang
    [J]. JOURNAL OF FINANCIAL ECONOMICS, 2009, 91 (01) : 59 - 82
  • [8] Uncertainty, stock and commodity prices during the Ukraine-Russia war
    Boungou, Whelsy
    Yatie, Alhonita
    [J]. POLICY STUDIES, 2024, 45 (3-4) : 336 - 352
  • [9] The impact of the Ukraine-Russia war on world stock market returns
    Boungou, Whelsy
    Yatie, Alhonita
    [J]. ECONOMICS LETTERS, 2022, 215
  • [10] Modelling long memory volatility in the Bitcoin market: Evidence of persistence and structural breaks
    Bouri, Elie
    Gil-Alana, Luis A.
    Gupta, Rangan
    Roubaud, David
    [J]. INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2019, 24 (01) : 412 - 426