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The recent 50% drop in the price of the flagship cryptocurrency Bitcoin reinforces the persistent anxiety among cryptocurrency investors. Can alternative assets hedge Bitcoin risk? This study investigates the ability of equities, commodities, bonds, currencies, and VIX futures to hedge Bitcoin....
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This paper develops a recursive model of voter turnout and voting outcomes at the U.S. county level to investigate the socioeconomic determinants of recent U.S. presidential elections. It exploits cross-section variations across U.S. counties and investigates the key determinants of the 2016...
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