Pandemics and cryptocoins

Salisu, Afees A.; Ogbonna, Ahamuefula E.; Oloko, Tirimisiyu F.

dc.contributor.author	Salisu, Afees A.
dc.contributor.author	Ogbonna, Ahamuefula E.
dc.contributor.author	Oloko, Tirimisiyu F.
dc.date.accessioned	2024-05-15T09:54:12Z
dc.date.available	2024-05-15T09:54:12Z
dc.date.issued	2023-06
dc.description.abstract	This study examines the effect of pandemic-induced uncertainty on cryptocoins (Bitcoin, Ethereum and Ripple). It employs the Westerlund and Narayan (2012, 2015) predictive model to examine the predictability of pandemic-induced uncertainty and our model’s forecast performance. We examine the role of asymmetry in uncertainty and the sensitivity of our results to the recently-developed Salisu and Akanni (2020) Global Fear Index. Cryptocoins act as a hedge against uncertainty due to pandemics, albeit with reduced hedging effectiveness in the COVID 19 period. Accounting for asymmetry improves predictability and model forecast performance. Our results may be sensitive to the choice of measure of pandemic-	en_US
dc.description.department	Economics	en_US
dc.description.sdg	SDG-08:Decent work and economic growth	en_US
dc.description.uri	http://www.elsevier.com/locate/iimb	en_US
dc.identifier.citation	Salisu, A.A., Ogbonna, A.E. & Oloko, T.F. 2023, 'Pandemics and cryptocoins', IIMB Management Review, vol. 35, no. 2, pp. 164-175, doi: 10.1016/j.iimb.2023.06.002.	en_US
dc.identifier.issn	0970-3896 (print)
dc.identifier.other	10.1016/j.iimb.2023.06.002
dc.identifier.uri	http://hdl.handle.net/2263/95981
dc.language.iso	en	en_US
dc.publisher	Elsevier	en_US
dc.rights	© 2023 Published by Elsevier Ltd on behalf of Indian Institute of Management Bangalore. This is an open access article under the CC BY-NC-ND license.	en_US
dc.subject	Cryptocoins	en_US
dc.subject	Distributed lag model	en_US
dc.subject	Pandemic	en_US
dc.subject	Uncertainty	en_US
dc.subject	COVID-19 pandemic	en_US
dc.subject	Coronavirus disease 2019 (COVID-19)	en_US
dc.subject	SDG-08: Decent work and economic growth	en_US
dc.title	Pandemics and cryptocoins	en_US
dc.type	Article	en_US