On average, a one cross-sectional standard-deviation increase in the salience theory value of a cryptocurrency reduces its next-week return by 0.41%. However, the salience effect is confined to the micro-cap segment of the market, and its size is moderated by limits to arbitrage....
On the other hand,blockchain professionalscan convey the actual value of blockchain technology to executives and business leaders only in simple terms. Theimportance of blockchainsimple explanation in such cases is more than you could imagine. For example, senior executives, leaders, and decision-ma...
Facebook has renamed itself to Meta, with the end goal of ushering in the next generation of the internet known as the “metaverse,” encompassing virtual reality (VR), augmented reality (AR), and digital infrastructure backed by decentralized technologies such as cryptocurrency and blockchain. Re...
If $30,000 in cash is taken from under your mattress and deposited into a bank, predict the impact on the money supply in the economy. Identify whether the following items are counted in M1 only, M2 only, both M1 and M2, or neither: A) ...
If only one cryptocurrency (e.g. Bitcoin) will be accepted and used globally (i.e. no central banks or federal banks exist), does it mean that no monetary policy can be applied to boost the economy? Explain. Assume commercial banks save no excess r...
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