AI's jagged frontier helps and harms knowledge workers
Explore how GPT-4 access improved consulting output quality and speed on some tasks while reducing correctness on others in a field experiment.
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Research review notes
Automation, new tasks, and the labor share
Explore how task-based automation displaces labor, why new tasks stabilize the labor share, and the risks of so-so AI and excessive automation.
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Crypto-carbon connectedness across market states and horizons
Explore how state- and horizon-dependent volatility spillovers reshape crypto-carbon risk and limit universal safe-haven claims.
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Integrating Bitcoin Mining with Renewable Energy: A Hedging Strategy for Electricity Price Volatility
Full article summary: Bastian-Pinto, C.L., Araujo, F.V.d.S., Brandão, L.E., Gomes, L.L., 2021. Hedging renewable energy investments with Bitcoin mining. Renewable and Sustainable Energy Reviews 138, 110520.
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Virtual Currency, Tangible Return: Portfolio Diversification with Bitcoin
Full article summary: Brière, M., Oosterlinck, K., Szafarz, A., 2015. Virtual currency, tangible return: portfolio diversification with bitcoin. Journal of Asset Management 16, 365-373.
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On the hedge and safe haven properties of Bitcoin: is it really more than a diversifier?
Full article summary: Bouri, E., Molnár, P., Azzi, G., Roubaud, D., Hagfors, L.I., 2017. On the hedge and safe haven properties of Bitcoin: is it really more than a diversifier? Finance Research Letters 20, 192-198.
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The influence of Bitcoin on portfolio diversification and design
Full article summary: Akhtaruzzaman, M., Sensoy, A., Corbet, S., 2020. The influence of Bitcoin on portfolio diversification and design. Finance Research Letters 37, 101344.
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Subjective models of the macroeconomy: evidence from experts and representative samples
Full article summary: Andre, P., Pizzinelli, C., Roth, C., Wohlfart, J., 2022. Subjective models of the macroeconomy: evidence from experts and representative samples. The Review of Economic Studies 89, 2958-2991.
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Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto
Full article summary: Thompson, D.H., Ohlendorf, J.D., Reeves, H.S., Masterman, J.O., 2023. Operation Choke Point 2.0: the Federal Bank regulators come for crypto. Cooper & Kirk, Washington, D.C.
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The rise and fall of the dollar (or when did the dollar replace sterling as the leading reserve currency?)
Full article summary: Eichengreen, B., Flandreau, M., 2009. The rise and fall of the dollar (or when did the dollar replace sterling as the leading reserve currency?) European Review of Economic History 13, 377-411.
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On the value of virtual currencies
Full article summary: Bolt, W., Van Oordt, M.R.C., 2020. On the value of virtual currencies. Journal of Money, Credit and Banking 52, 835-862.
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Take Bitcoin into your portfolio: a novel ensemble portfolio optimization framework for broad commodity assets
Full article summary: Li, Y., Jiang, S., Wei, Y., Wang, S., 2021. Take Bitcoin into your portfolio: a novel ensemble portfolio optimization framework for broad commodity assets. Financial Innovation 7, 63.
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