论文标题
加密货币是否变得越来越互连？
Are cryptocurrencies becoming more interconnected?
论文作者
论文摘要
本文研究了2015年8月至2020年7月的加密货币之间的动态市场联系，并发现回报和波动的市场联系大大增加。我们使用不同的方法来检查市场联系的不同方面。讨论了财务和监管含义。
This paper studies the dynamic market linkages among cryptocurrencies during August 2015 - July 2020 and finds a substantial increase in market linkages for both returns and volatilities. We use different methodologies to check the different aspects of market linkages. Financial and regulatory implications are discussed.
