Demand elasticities of Bitcoin and Ethereum

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Jalan, A., Matkovskyy, R. and Urquhart, A. ORCID: https://orcid.org/0000-0001-8834-4243 (2022) Demand elasticities of Bitcoin and Ethereum. Economics Letters, 220. 110877. ISSN 0165-1765 doi: 10.1016/j.econlet.2022.110877

Abstract/Summary

In this paper we analyze dynamic demand elasticity for Bitcoin and Ethereum in terms of price, transaction fees, and energy usage. We find that while both BTC and ETH have significantly positive price elasticities, transaction fee elasticity is negative and positive for BTC and ETH respectively, indicating differences in potential uses for these cryptocurrencies.

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Item Type Article
URI https://reading-pure-test.eprints-hosting.org/id/eprint/107334
Identification Number/DOI 10.1016/j.econlet.2022.110877
Refereed Yes
Divisions Central Services
Henley Business School > Finance and Accounting
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