This paper investigates digital financial bubbles amidst the COVID-19 pandemic. Using a
sample of 9 DeFi tokens, 3 NFTs, Bitcoin, and Ethereum, we detect several bubbles …

The 2020 COVID-19 pandemic led to a large number of studies in household finance, using
new high-frequency data in close to real time. In this article, we survey household behavior …

We study the stock market effects of the arrival of the three rounds of “stimulus checks” to US
taxpayers and the single round of direct payments to Hong Kong citizens. The first two …

Using repeated large-scale surveys of US households, we study the cryptocurrency
investment decisions and motives of households relative to other financial assets …

With the rise in popularity of Non-Fungible Tokens (NFTs), the demand for NFT coins has
also surged. NFT coins are cryptocurrencies that facilitate NFT ecosystems by supporting …

Utilizing a measure of the Bitcoin network's daily electricity load, we document a significant
volatility effect of Bitcoin mining activity in three prominent electricity markets in the US The …

The salience theory of choice under risk shows that investor behavior drives cross-sectional
cryptocurrency returns. Investors place too much weight on salient payouts, causing …

This paper uses transaction-level data across millions of accounts to identify cryptocurrency
investors and evaluate how fluctuations in individual crypto wealth affect household …

Purpose Our analysis is targeted at researchers in the fields of economics and finance, and
we place emphasis on the incremental contributions of each paper, key research questions …

Abstract Decentralized Finance (DeFi) is changing the world of finance with innovative
solutions and groundbreaking innovations such as the Automatic Market Maker, Flash …