Cryptocurrencies, fiat money or gold standard: an empirical evidence from volatility structure analysis using news impact curve

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Cryptocurrencies, fiat money or gold standard: an empirical evidence from volatility structure analysis using news impact curve

This study investigates whether symmetric and asymmetric volatility effects are persisted in the daily return series of Bitcoin currency compared to the gold and fiat money system using GARCH family models. The symmetric analysis shows that the three monetary systems exhibit time-varying volatility...

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Bibliographic Details
Main Authors:	Othman, Anwar Hasan Abdullah, Syed Jaafar Alhabshi, Syed Musa, Haron, Razali
Format:	Article
Language:	English English
Published:	Inderscience Publishers 2019
Subjects:	HB71 Economics as a science HG201 Money
Online Access:	http://irep.iium.edu.my/72916/ http://irep.iium.edu.my/72916/1/72916_Cryptocurrencies%2C%20Fiat%20money%20or%20gold%20standard.pdf http://irep.iium.edu.my/72916/7/72916-Cryptocurrencies%2C%20fiat%20money%20or%20gold%20standard%20an%20empirical%20evidence%20from%20volatility%20structure%20analysis-scopus.pdf

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