On the transaction cost of Bitcoin

By Thomas S. Kim. 2017

150 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Information Systems

View Paper: https://www.semanticscholar.org/paper/90e2774478d7e4a037526f8b0172d4e0e2ec37a5

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In Economics and Econometrics

In Information Systems

Citations in the corpus

Cryptocurrencies as a financial asset: A systematic analysis (2019, background): “…exchanges Brandvold et al. 2015 Price Price Discovery Price discovery model 5-min bitcoincharts None >20,000 81 On the transaction cost of Bitcoin Kim 2017 Price Price dynamics Bid-Ask Spread Analysis Daily quandl.com Currency >250 82 A first econometric analysis of the CRIX family Chen et al.…”
Portfolio diversification across cryptocurrencies (2019, background): “…a lot of academic research has been conducted on Bitcoin, such as market efficiency (Urquhart, 2016; Nadarajah and Chu, 2017; Bariviera, 2017; Vidal-Tomás and Ibañez, 2018), price volatility (Dyhrberg, 2016; Katsiampa, 2017), price clustering (Urquhart, 2017), and transaction cost (Kim, 2017).”
The economic value of Bitcoin: A portfolio analysis of currencies, gold, oil and stocks (2019, unknown): “This is a fair conjecture following the findings of Kim (2017) who estimates that the trading costs of Bitcoin 17 are somewhat less than the trading costs of other financial assets.10 The wealth Wt+1 evolves as follows: Wt+1 = Wt ( 1 + rportfoliot+1 )( 1− c N ∑ i=1 (|wi,t+1 − wi,t+”
Regime changes in Bitcoin GARCH volatility dynamics (2019, unknown): “Despite its anonymity and reduction in transaction costs (see Kim, 2017), Glaser et al. (2014) and Baek and Elbeck (2015) show that Bitcoin is mostly used for speculative purposes, causing extreme volatility and bubbles (see also Dyhrberg, 2016; Cheah and Fry, 2015; Hafner, 2018).”