{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,10]],"date-time":"2026-01-10T18:53:44Z","timestamp":1768071224274,"version":"3.49.0"},"reference-count":0,"publisher":"Editura Universitatii Alexandru Ioan Cuza din Iasi","issue":"2","license":[{"start":{"date-parts":[[2018,1,1]],"date-time":"2018-01-01T00:00:00Z","timestamp":1514764800000},"content-version":"unspecified","delay-in-days":0,"URL":"http:\/\/creativecommons.org\/licenses\/by-nc-nd\/4.0"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["SAEB"],"published-print":{"date-parts":[[2018]]},"abstract":"<jats:p>This paper investigates the information transmission between the most important cryptocurrencies -Bitcoin, Litecoin,  Ripple,  Ethereum  and  Bitcoin  Cash.  We  use  a  VAR  modelling  approach,  upon  which  the Geweke\u2019s feedback measures and generalized impulse response functions are computed. This methodology allows  us  to  fully  characterize  the  direction,  intensity  and  persistence  of  information  flows  between cryptocurrencies.  At the  availabledata  granularity,  most  of  information  transmission  is contemporaneous, that is, it occurs within a day. However, it seems that there are some lagged feedback effects, mainly from other cryptocurrencies to Bitcoin. The generalized impulse-response functions confirm that there is a strong contemporaneous correlation and that there is not much evidence of lagged effects. The exception appears to be related to the overreaction of Bitcoin returns to contemporaneous shocks<\/jats:p>","DOI":"10.2478\/saeb-2018-0013","type":"journal-article","created":{"date-parts":[[2018,7,3]],"date-time":"2018-07-03T02:35:11Z","timestamp":1530585311000},"page":"97-117","source":"Crossref","is-referenced-by-count":36,"title":["Information Transmission Between Cryptocurrencies: Does Bitcoin Rule the Cryptocurrency World?"],"prefix":"10.47743","volume":"65","author":[{"name":"Centre  for  Business  and  Economics  Research  (CeBER),  Grupo  de  Estudos  Monet\u00e1rios  e  Financeiros  (GEMF), Faculty of Economics, University of Coimbra, Portugal","sequence":"first","affiliation":[]},{"given":"Pedro","family":"Ba\u00e7\u00e3o","sequence":"first","affiliation":[]},{"given":"Ant\u00f3nio Portugal","family":"Duarte","sequence":"additional","affiliation":[]},{"name":"Centre  for  Business  and  EconomicsResearch  (CeBER),  Grupo  de  Estudos  Monet\u00e1rios  e  Financeiros  (GEMF), Faculty of Economics, University of Coimbra, Portugal","sequence":"additional","affiliation":[]},{"given":"Helder","family":"Sebasti\u00e3o","sequence":"additional","affiliation":[]},{"name":"Centre  for  Business  and  Economics Research  (CeBER),  Grupo  de  Estudos  Monet\u00e1rios  e  Financeiros  (GEMF), Faculty of Economics, University of Coimbra, Portugal","sequence":"additional","affiliation":[]},{"given":"Srdjan","family":"Redzepagic","sequence":"additional","affiliation":[]},{"name":"University  Nice  Sophia  Antipolis,  Universit\u00e9  C\u00f4te  d\u2019Azur,  CNRS,  GREDEG,  France","sequence":"additional","affiliation":[]}],"member":"27629","published-online":{"date-parts":[[2018]]},"container-title":["Scientific Annals of Economics and Business"],"original-title":[],"link":[{"URL":"http:\/\/content.sciendo.com\/view\/journals\/saeb\/65\/2\/article-p97.xml","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/saeb.feaa.uaic.ro\/index.php\/saeb\/article\/view\/1090\/121","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2023,12,14]],"date-time":"2023-12-14T17:47:56Z","timestamp":1702576076000},"score":1,"resource":{"primary":{"URL":"https:\/\/saeb.feaa.uaic.ro\/index.php\/saeb\/article\/view\/1090"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2018]]},"references-count":0,"journal-issue":{"issue":"2","published-online":{"date-parts":[[2018]]},"published-print":{"date-parts":[[2018]]}},"URL":"https:\/\/doi.org\/10.2478\/saeb-2018-0013","relation":{},"ISSN":["2501-1960","2501-3165"],"issn-type":[{"value":"2501-1960","type":"print"},{"value":"2501-3165","type":"electronic"}],"subject":[],"published":{"date-parts":[[2018]]}}}