A note on the Bitcoin and Fed Funds rate

This study examines the potential influence of the Federal Reserve policy on Bitcoin price dynamics. The empirical investigation is based on methodologies to quantify the influence of the Fed Funds rate on Bitcoin through linear, nonlinear, and spillover effects. It covers a set of six representativ...

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Detalles Bibliográficos
Autor principal: Aboura, Sofiane
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8854487/
https://www.ncbi.nlm.nih.gov/pubmed/35194305
http://dx.doi.org/10.1007/s00181-022-02207-7
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author Aboura, Sofiane
author_facet Aboura, Sofiane
author_sort Aboura, Sofiane
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description This study examines the potential influence of the Federal Reserve policy on Bitcoin price dynamics. The empirical investigation is based on methodologies to quantify the influence of the Fed Funds rate on Bitcoin through linear, nonlinear, and spillover effects. It covers a set of six representative assets, including Bitcoin, Fed Funds rate, S&P 500, 10-year US Treasury Bond, USD/EUR, and Gold from January 2015 to February 2021. Evidence is provided that Fed Funds rates have nonlinear effects and temporarily strong spillover effects on Bitcoins.
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spelling pubmed-88544872022-02-18 A note on the Bitcoin and Fed Funds rate Aboura, Sofiane Empir Econ Article This study examines the potential influence of the Federal Reserve policy on Bitcoin price dynamics. The empirical investigation is based on methodologies to quantify the influence of the Fed Funds rate on Bitcoin through linear, nonlinear, and spillover effects. It covers a set of six representative assets, including Bitcoin, Fed Funds rate, S&P 500, 10-year US Treasury Bond, USD/EUR, and Gold from January 2015 to February 2021. Evidence is provided that Fed Funds rates have nonlinear effects and temporarily strong spillover effects on Bitcoins. Springer Berlin Heidelberg 2022-02-18 2022 /pmc/articles/PMC8854487/ /pubmed/35194305 http://dx.doi.org/10.1007/s00181-022-02207-7 Text en © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2022 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Aboura, Sofiane
A note on the Bitcoin and Fed Funds rate
title A note on the Bitcoin and Fed Funds rate
title_full A note on the Bitcoin and Fed Funds rate
title_fullStr A note on the Bitcoin and Fed Funds rate
title_full_unstemmed A note on the Bitcoin and Fed Funds rate
title_short A note on the Bitcoin and Fed Funds rate
title_sort note on the bitcoin and fed funds rate
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8854487/
https://www.ncbi.nlm.nih.gov/pubmed/35194305
http://dx.doi.org/10.1007/s00181-022-02207-7
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