Blockchain market and eco-friendly financial assets: Dynamic price correlation, connectedness and spillovers with portfolio implications

• Published in: International review of economics & finance Vol. 87; pp. 218 - 243
• Main Authors: Abakah, Emmanuel Joel Aikins, Wali Ullah, GM, Adekoya, Oluwasegun B., Osei Bonsu, Christiana, Abdullah, Mohammad
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.09.2023
• Subjects: Cryptocurrency; DeFi; NFTs; Quantile VAR dependence; Wavelets correlation; Wavelets correlation; NFTs; C32; DeFi; C58; G10; G12; Cryptocurrency; Quantile VAR dependence

Since the emergence of blockchain technology, several digital assets such as cryptocurrencies, DeFi, and NFTs have gained considerable attention from investors and policymakers. However, the blockchain market has significant negative ramifications for the environment that may transmit shocks towards...