The Relationship Between USD/EUR Official Exchange Rates And Implied Exchange Rates From The Bitcoin Market

We examine the long- and short-run relationships between USD/EUR official rates and implicit exchange rates, through Bitcoin as a currency vehicle, over the period from March 07, 2016 to November 22, 2019. The results show that the two exchange rates are cointegrated and that the cointegrating vecto...

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Bibliographic Details
Main Author: Sebastião, Helder (author)
Other Authors: Godinho, Pedro (author)
Format: other
Language:eng
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/10316/88711
Country:Portugal
Oai:oai:estudogeral.sib.uc.pt:10316/88711