Lead behaviour in Bitcoin markets

Gespeichert in:

Veröffentlicht in:	Risks 8(2020), 1/4 vom: März, Seite 1-14
Personen und Körperschaften:	Chen, Ying (VerfasserIn), Giudici, Paolo (VerfasserIn), Hadji Misheva, Branka (VerfasserIn), Trimborn, Simon (VerfasserIn)
Titel:	Lead behaviour in Bitcoin markets/ Ying Chen, Paolo Giudici, Branka Hadji Misheva and Simon Trimborn
Format:	E-Book-Kapitel
Sprache:	Englisch
veröffentlicht:	2020
Gesamtaufnahme:	: Risks, 8(2020), 1/4 vom: März, Seite 1-14 , volume:8
Schlagwörter:	Aufsatz in Zeitschrift
Quelle:	Verbunddaten SWB Lizenzfreie Online-Ressourcen

Details
Zusammenfassung:	We aim to understand the dynamics of Bitcoin blockchain trading volumes and, specifically, how different trading groups, in different geographic areas, interact with each other. To achieve this aim, we propose an extended Vector Autoregressive model, aimed at explaining the evolution of trading volumes, both in time and in space. The extension is based on network models, which improve pure autoregressive models, introducing a contemporaneous contagion component that describes contagion effects between trading volumes. Our empirical findings show that transactions activities in bitcoins is dominated by groups of network participants in Europe and in the United States, consistent with the expectation that market interactions primarily take place in developed economies.
ISSN:	2227-9091
DOI:	10.3390/risks8010004
Zugang:	Open Access