ABSTRACT
This paper examines the relationship between investor fear in the cryptocurrency market and Bitcoin prices by considering the potential effects of the ongoing COVID-19 pandemic during the period of May 5, 2018 and December 10, 2020. The existence of structural changes in the time series for the full sample reveals a non-constant causality between fear sentiment and Bitcoin prices, which leads us to apply a bootstrap rolling window Granger causality test. Our results show that both negative and positive interactions between fear sentiment and Bitcoin prices occur during several subperiods. The nature of these interactions changes significantly before and during the pandemic. Thus, we contribute to the fast-growing literature on the financial effects of the COVID-19 global pandemic, as well as to the debate on whether to classify Bitcoin as a new asset, speculative investment, currency, or safe haven asset.
ABSTRACT
With the aim of providing further insights into the driving factors influencing behavioral intentions and expectations to use remote work after the Covid-19 lockdown, this study draws on an enhanced version of the technology acceptance model to analyze the determinants and moderating factors of remote work platform use. From an analysis of quantitative data collected from questionnaires and qualitative data from interviews with employees of Chinese firms in the service sector, we conclude that post-lockdown adoption of remote work is explained by three main variables: behavioral intention, behavioral expectation and facilitating conditions, but demographic characteristics and factors related to the specific features of remote work all nevertheless moderate the relationships in our model. In addition to gender, the generational gap and behavioral tendency should be taken into consideration to improve employee acceptance rates.