Currency substitution in the shadow economy: International panel evidence using local Bitcoin trade volume
Sign Up to like & getrecommendations! Published in 2021 at "Economics Letters"
DOI: 10.1016/j.econlet.2021.109926
Abstract: Abstract While mainstream adoption of cryptocurrency as a replacement for traditional fiat money has yet to be realized, anecdotal evidence suggests that such substitution is more pervasive in the shadow economy. I test this hypothesis… read more here.
Keywords: shadow; evidence; trade volume; bitcoin trade ... See more keywords
An analysis of the impact of China’s macroeconomic performance on its trade partners: Evidence based on the GVAR model
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DOI: 10.1371/journal.pone.0275859
Abstract: Economic strategies and planning are critical to a country’s growth and development. China, like many other countries, is seeking the most cost-effective trade deals. Using the Global Vector Auto Regression (GVAR) model, this study examined… read more here.
Keywords: shock; china macroeconomic; trade volume; trade ... See more keywords