Announcement Effect of COVID-19 on Cryptocurrencies

Nuruddeen Usman and Kodili Nwanneka Nduka ()
Additional contact information
Kodili Nwanneka Nduka: Monetary Policy Department, Central Bank of Nigeria, Nigeria

Asian Economics Letters, 2022, vol. 3, issue Early View, 1-4

Abstract: This study uses a fractional integration method to evaluate the efficiency of cryptocurrencies before and after the period COVID-19 had been announced as being a pandemic. Evidence of long memory is confirmed across all subsamples. Additionally, we find a greater degree of persistence during the COVID-19 pandemic period than in the pre-pandemic period.

Keywords: covid-19; fractional integration; Cryptocurrencies (search for similar items in EconPapers)
JEL-codes: E41 G14 I10 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://a-e-l.scholasticahq.com/api/v1/articles/29 ... cryptocurrencies.pdf (application/pdf)

Related works:
Journal Article: Announcement Effect of COVID-19 on Cryptocurrencies (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ayb:jrnael:61

Access Statistics for this article

Asian Economics Letters is currently edited by Chun-Ping Chang (Shih Chien University, Taiwan) and Professor Chien-Chiang Lee (Nanchang University, China)

More articles in Asian Economics Letters from Asia-Pacific Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Asia-Pacific Applied Economics Association ().