Blockchain

Andrés Azqueta-Gavaldón, Marina Diakonova, Corinna Ghirelli and Javier J. Pérez “Diverging signals from economic uncertainty measures: Uncovering coherence through news narratives”
BANCO DE ESPAÑA, Working paper n° 2641

Posted in: Articolo

Apr 29 2026
Abstract: The proliferation of economic uncertainty indicators —ranging from text-based indices like the Economic Policy Uncertainty (EPU) index to market-based measures such as the VIX and the ECB’s Country-Level Index of Financial Stress (CLIFS)— has enriched the analytical toolkit of economists and policymakers. Yet these ...more »

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Forecasting Bitcoin price movements using multivariate Hawkes processes and limit order book data

Posted in: Articolo

Apr 17 2026
Authors: Davide Raffaelli, Raffaele Giuseppe Cestari, Daniele Marazzina, Simone Formentin Forecasting short-term returns of Bitcoin is a key challenge in high-frequency trading, due to the cryptocurrency’s extreme volatility, market microstructure complexity, and non-stationary behavior. Limit Order Book (LOB) data offer a rich source of high-resolution information that can improve ...more »

Helmut Elsinger, Helmut Stix and Martin Summer, “Consumer preferences for a digital euro: insights from a discrete choice experiment in Austria”
Bank for International Settlements, Working paper n° 1302

Posted in: Articolo

Gen 29 2026
Abstract: This paper examines consumers’ intended adoption of a digital euro in Austria using a discrete choice experiment. We estimate a mixed logit model to quantify the role of key attributes such as privacy, offline functionality, security against financial loss, monetary incentives, and payment form ...more »

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Kenechukwu Anadu, Patrick McCabe, JP Perez-Sangimino, and Nathan Swem, “A Framework for Understanding the Vulnerabilities of New Money-Like Products”
Federal Reserve Board, Washington, D.C., Working paper n° 2026-002

Posted in: Articolo

Gen 29 2026
Abstract: New money-like products, such as tokenized money market funds (MMFs), money market exchange-traded funds (MMETFs), and stablecoins, could be transformative for finance. These products may offer significant benefits, but like other money-like assets, they also have certain vulnerabilities. We introduce a framework to analyze ...more »

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