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PRODID:-//AMSE//Event Calendar//FR
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UID:event-9512@www.amse-aixmarseille.fr
DTSTAMP:20260404T091720Z
CREATED:20260404T091720Z
LAST-MODIFIED:20260404T091720Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:French-Japanese webinar - Takamitsu Kurita
DTSTART:20221118T090000Z
DTEND:20221118T100000Z
DESCRIPTION:The rapid expansion of the global cryptocurrency market raises 
 the question of whether there are stable relationships between the prices o
 f representative cryptocurrencies and economic indicators capturing expecta
 tions of future monetary policy. In this paper multivariate time-series ana
 lysis reveal a single but significant cointegrating relationship between cr
 yptocurrencies and the term spread. This evidence reveals direct policy imp
 lications for the implementation of monetary policy allowing for the growin
 g influence of digital assets. While the cointegrating linkage plays a crit
 ical role in modelling cryptocurrencies in sample\, it contributes little t
 o forecasting them out of sample\, thus indicating potential efficiency in 
 the digital currency market.\\n\\nContact: Gilles Dufrénot: gilles.dufreno
 t[at]sciencespo-aix.frKiyotaka Sato: sato[at]ynu.ac.jp\n\nPlus d'informati
 ons: https://www.amse-aixmarseille.fr/en/events/takamitsu-kurita-0
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/takamitsu-kurita-0
CONTACT:Gilles Dufrénot: gilles.dufrenot[at]sciencespo-aix.frKiyotaka Sato
 :&nbsp\;sato[at]ynu.ac.jp
TRANSP:OPAQUE
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