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Cryptocurrencies: Stylized facts on a new investible instrument
dc.contributor.authorHu, Albert S.
dc.contributor.authorParlour, Christine A.
dc.contributor.authorRajan, Uday
dc.date.accessioned2020-01-13T15:09:40Z
dc.date.availableWITHHELD_12_MONTHS
dc.date.available2020-01-13T15:09:40Z
dc.date.issued2019-12
dc.identifier.citationHu, Albert S.; Parlour, Christine A.; Rajan, Uday (2019). "Cryptocurrencies: Stylized facts on a new investible instrument." Financial Management 48(4): 1049-1068.
dc.identifier.issn0046-3892
dc.identifier.issn1755-053X
dc.identifier.urihttps://hdl.handle.net/2027.42/152774
dc.description.abstractWe present stylized facts on the asset pricing properties of cryptocurrencies: summary statistics on cryptocurrency return properties and measures of common variation for secondary market returns on 222 digital coins. In our sample, secondary market returns of all other currencies are strongly correlated with Bitcoin returns. We also provide some investment characteristics of a sample of 64 initial coin offerings.
dc.publisherAmerican Bar Association
dc.publisherWiley Periodicals, Inc.
dc.titleCryptocurrencies: Stylized facts on a new investible instrument
dc.typeArticle
dc.rights.robotsIndexNoFollow
dc.subject.hlbsecondlevelFinance
dc.subject.hlbsecondlevelManagement
dc.subject.hlbtoplevelBusiness and Economics
dc.description.peerreviewedPeer Reviewed
dc.description.bitstreamurlhttps://deepblue.lib.umich.edu/bitstream/2027.42/152774/1/fima12300.pdf
dc.description.bitstreamurlhttps://deepblue.lib.umich.edu/bitstream/2027.42/152774/2/fima12300_am.pdf
dc.identifier.doi10.1111/fima.12300
dc.identifier.sourceFinancial Management
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dc.owningcollnameInterdisciplinary and Peer-Reviewed


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