Twitter matters for metaverse stocks amid economic uncertainty

被引：18

作者：

Aysan, Ahmet Faruk ^{[1
]}

Batten, Jonathan A. ^{[2
]}

Gozgor, Giray ^{[3
,5
]}

Khalfaoui, Rabeh ^{[4
]}

Nanaeva, Zhamal ^{[1
]}

机构：

[1] Hamad Bin Khalifa Univ, Doha, Qatar

[2] RMIT Univ, Royal Melbourne Inst Technol, Sch Business & Law, Melbourne, Australia

[3] Univ Bradford, Sch Management, Bradford, England

[4] Univ Lorraine, ICN Business Sch, CEREFIGE, Nancy, France

[5] Lebanese Amer Univ, Adnan Kassar Sch Business, Beirut, Lebanon

来源：

FINANCE RESEARCH LETTERS | 2023年 / 56卷

关键词：

Metaverse stocks; Wavelet local multiple correlation; Crude oil volatility; Gold volatility; Twitter-based economic uncertainty index; BITCOIN RETURNS; PREDICT;

D O I：

10.1016/j.frl.2023.104116

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The study examines the relationship between economic uncertainty, as measured by the Twitterbased economic uncertainty index (TEU), and Metaverse stocks across different time-frequency domains. By employing Wavelet Local Multiple Correlation analysis, we identify a substantial and statistically significant correlation between TEU and the Metaverse stock market across all time horizons examined. The positive correlation is confirmed when two alternative measures of economic uncertainty: crude oil and gold volatility, are included. The results highlight the importance of considering real-world economic uncertainty in decision-making processes involving virtual reality environments.

引用

页数：7

共 23 条

[1] Twitter-Based uncertainty and cryptocurrency returns [J].