This study utilises a dataset of 58 state-level marijuana decriminalisation and legalisation bills and referenda in the United States in 2010-2022 to estimate the implications of illicit market use for the value of Bitcoin in an event studies framework. Decriminalisation is associated with a...

This paper examines equilibrium relationships and dynamic causality between economic growth, exports, and imports in Nepal using time-series data between 1965 and 2020. This research examines the impact of exports and imports on the economic growth of Nepal and documents empirical evidence in...

This paper examines the performance of a naïve equally weighted buy-and-hold portfolio and optimization-based commodity futures portfolios for various lookback and holding periods using data from January 1986 to December 2018. The application of Monte Carlo simulation-based mean-variance and...

This study uses pooled OLS to examine the effect of organizational capital on credit ratings using a large sample of US firm data from 1989 to 2017. The main finding reveals that firms with higher organizational capital receive higher credit ratings. This finding is robust to numerous robustness...