All Outputs (4)

Socially responsible investment and market performance: the case of energy and resource companies. (2019)
Journal Article
BRZESZCZYŃSKI, J., GHIMIRE, B., JAMASB, T. and MCINTOSH, G. 2019. Socially responsible investment and market performance: the case of energy and resource companies. Energy journal [online], 40(5), pages 17-72. Available from: https://doi.org/10.5547/01956574.40.5.jbrz

Do financial markets reward the energy and resource companies for adopting socially responsible practices? In this study, we investigate the stock market performance of major international energy and resource firms, classified within the socially res... Read More about Socially responsible investment and market performance: the case of energy and resource companies..

Taming the blockchain beast? Regulatory implications for the cryptocurrency market. (2019)
Journal Article
SHANAEV, S., SHARMA, S., GHIMIRE, B. and SHURAEVA, A. 2020. Taming the blockchain beast? Regulatory implications for the cryptocurrency market. Research in international business and finance [online], 51, article number 101080. Available from: https://doi.org/10.1016/j.ribaf.2019.101080

This paper uses a unique dataset of 120 regulatory events from five classes to test the relevance of the regulatory framework for cryptocurrency value. Time-series market-wide estimates and panel estimates for 300 individual coins and tokens show sta... Read More about Taming the blockchain beast? Regulatory implications for the cryptocurrency market..

The marginal cost of mining, Metcalfe's law and cryptocurrency value formation: causal inferences from the instrumental variable approach. [Working paper] (2019)
Preprint / Working Paper
SHANAEV, S., SHARMA, S., SHURAEVA, A. and GHIMIRE, B. 2019. The marginal cost of mining, Metcalfe's law and cryptocurrency value formation: causal inferences from the instrumental variable approach. [Working paper]. SSRN [online]. Available from: https://doi.org/10.2139/ssrn.3432431

This paper is the first to rigorously test commonly cited simplistic theories of cryptocurrency pricing, namely, cost-based model and Metcalfe's law, using causal inferences from the instrumental variables approach on block-level data for six proof-o... Read More about The marginal cost of mining, Metcalfe's law and cryptocurrency value formation: causal inferences from the instrumental variable approach. [Working paper].

Taming the blockchain beast? Regulatory implications for the cryptocurrency market. [Working paper] (2019)
Preprint / Working Paper
SHANAEV, S., SHARMA, S., SHURAEVA, A. and GHIMIRE, B. 2019. Taming the blockchain beast? Regulatory implications for the cryptocurrency market. [Working paper]. SSRN [online]. Available from: https://doi.org/10.2139/ssrn.3397939

This paper uses a unique dataset of 120 regulatory events from five classes to test the relevance of the regulatory framework for cryptocurrency value. Time-series market-wide estimates and panel estimates for 300 individual coins and tokens show sta... Read More about Taming the blockchain beast? Regulatory implications for the cryptocurrency market. [Working paper].