{"id":"https://openalex.org/W4281824856","doi":"https://doi.org/10.3390/axioms11060259","title":"Volatility Co-Movement between Bitcoin and Stablecoins: BEKK\u2013GARCH and Copula\u2013DCC\u2013GARCH Approaches","display_name":"Volatility Co-Movement between Bitcoin and Stablecoins: BEKK\u2013GARCH and Copula\u2013DCC\u2013GARCH Approaches","publication_year":2022,"publication_date":"2022-05-29","ids":{"openalex":"https://openalex.org/W4281824856","doi":"https://doi.org/10.3390/axioms11060259"},"language":"en","primary_location":{"id":"doi:10.3390/axioms11060259","is_oa":true,"landing_page_url":"https://doi.org/10.3390/axioms11060259","pdf_url":null,"source":{"id":"https://openalex.org/S4210173132","display_name":"Axioms","issn_l":"2075-1680","issn":["2075-1680"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Axioms","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://doi.org/10.3390/axioms11060259","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064586671","display_name":"Kuo\u2010Shing Chen","orcid":"https://orcid.org/0000-0002-6701-3960"},"institutions":[{"id":"https://openalex.org/I192703390","display_name":"Ming Chuan University","ror":"https://ror.org/02pgvzy25","country_code":"TW","type":"education","lineage":["https://openalex.org/I192703390"]}],"countries":["TW"],"is_corresponding":true,"raw_author_name":"Kuo-Shing Chen","raw_affiliation_strings":["Department of Accounting, Ming Chuan University, 250 Zhong Shan N. Rd., Sec. 5, Taipei 111, Taiwan"],"affiliations":[{"raw_affiliation_string":"Department of Accounting, Ming Chuan University, 250 Zhong Shan N. Rd., Sec. 5, Taipei 111, Taiwan","institution_ids":["https://openalex.org/I192703390"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5073322000","display_name":"Shen\u2010Ho Chang","orcid":"https://orcid.org/0000-0002-0446-6591"},"institutions":[{"id":"https://openalex.org/I4880106","display_name":"Feng Chia University","ror":"https://ror.org/05vhczg54","country_code":"TW","type":"education","lineage":["https://openalex.org/I4880106"]}],"countries":["TW"],"is_corresponding":false,"raw_author_name":"Shen-Ho Chang","raw_affiliation_strings":["Department of Accounting, Feng Chia University, Taichung City 407102, Taiwan"],"affiliations":[{"raw_affiliation_string":"Department of Accounting, Feng Chia University, Taichung City 407102, Taiwan","institution_ids":["https://openalex.org/I4880106"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5064586671"],"corresponding_institution_ids":["https://openalex.org/I192703390"],"apc_list":{"value":1400,"currency":"CHF","value_usd":1515},"apc_paid":{"value":1400,"currency":"CHF","value_usd":1515},"fwci":4.0274,"has_fulltext":true,"cited_by_count":15,"citation_normalized_percentile":{"value":0.94214373,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":99},"biblio":{"volume":"11","issue":"6","first_page":"259","last_page":"259"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9977999925613403,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cryptocurrency","display_name":"Cryptocurrency","score":0.7617509365081787},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.7284714579582214},{"id":"https://openalex.org/keywords/autoregressive-conditional-heteroskedasticity","display_name":"Autoregressive conditional heteroskedasticity","score":0.6578694581985474},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5968398451805115},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.5444018840789795},{"id":"https://openalex.org/keywords/copula","display_name":"Copula (linguistics)","score":0.5251502990722656},{"id":"https://openalex.org/keywords/social-connectedness","display_name":"Social connectedness","score":0.5036026835441589},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3311408758163452},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.16040557622909546}],"concepts":[{"id":"https://openalex.org/C180706569","wikidata":"https://www.wikidata.org/wiki/Q13479982","display_name":"Cryptocurrency","level":2,"score":0.7617509365081787},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.7284714579582214},{"id":"https://openalex.org/C23922673","wikidata":"https://www.wikidata.org/wiki/Q180752","display_name":"Autoregressive conditional heteroskedasticity","level":3,"score":0.6578694581985474},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5968398451805115},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5444018840789795},{"id":"https://openalex.org/C17618745","wikidata":"https://www.wikidata.org/wiki/Q207509","display_name":"Copula (linguistics)","level":2,"score":0.5251502990722656},{"id":"https://openalex.org/C201943243","wikidata":"https://www.wikidata.org/wiki/Q7551008","display_name":"Social connectedness","level":2,"score":0.5036026835441589},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3311408758163452},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.16040557622909546},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.3390/axioms11060259","is_oa":true,"landing_page_url":"https://doi.org/10.3390/axioms11060259","pdf_url":null,"source":{"id":"https://openalex.org/S4210173132","display_name":"Axioms","issn_l":"2075-1680","issn":["2075-1680"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Axioms","raw_type":"journal-article"},{"id":"pmh:oai:mdpi.com:/2075-1680/11/6/259/","is_oa":true,"landing_page_url":"https://dx.doi.org/10.3390/axioms11060259","pdf_url":"https://www.mdpi.com/2075-1680/11/6/259/pdf?version=1653812082","source":{"id":"https://openalex.org/S4306400947","display_name":"MDPI (MDPI AG)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I4210097602","host_organization_name":"Multidisciplinary Digital Publishing Institute (Switzerland)","host_organization_lineage":["https://openalex.org/I4210097602"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Axioms; Volume 11; Issue 6; Pages: 259","raw_type":"Text"},{"id":"pmh:oai:doaj.org/article:a1664a175a8549838f2635603e110e57","is_oa":true,"landing_page_url":"https://doaj.org/article/a1664a175a8549838f2635603e110e57","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Axioms, Vol 11, Iss 6, p 259 (2022)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.3390/axioms11060259","is_oa":true,"landing_page_url":"https://doi.org/10.3390/axioms11060259","pdf_url":null,"source":{"id":"https://openalex.org/S4210173132","display_name":"Axioms","issn_l":"2075-1680","issn":["2075-1680"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Axioms","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W1591782788","https://openalex.org/W1727659491","https://openalex.org/W1970694313","https://openalex.org/W1977480757","https://openalex.org/W2049079152","https://openalex.org/W2086242486","https://openalex.org/W2090242784","https://openalex.org/W2092340563","https://openalex.org/W2133636296","https://openalex.org/W2141952883","https://openalex.org/W2155187653","https://openalex.org/W2305344809","https://openalex.org/W2477640894","https://openalex.org/W2800220982","https://openalex.org/W2804947882","https://openalex.org/W2895641385","https://openalex.org/W2908187187","https://openalex.org/W2922466487","https://openalex.org/W2941675756","https://openalex.org/W2969443233","https://openalex.org/W3022003403","https://openalex.org/W3022332714","https://openalex.org/W3023073341","https://openalex.org/W3124772058","https://openalex.org/W3131034604","https://openalex.org/W3134054698","https://openalex.org/W3137413556","https://openalex.org/W3173646233","https://openalex.org/W3200616364","https://openalex.org/W3207003259","https://openalex.org/W4226150181","https://openalex.org/W4240274194"],"related_works":["https://openalex.org/W4366411693","https://openalex.org/W3211641817","https://openalex.org/W3164717803","https://openalex.org/W4389915954","https://openalex.org/W3123387860","https://openalex.org/W4291291739","https://openalex.org/W4394826704","https://openalex.org/W1530463171","https://openalex.org/W4386802740","https://openalex.org/W1986811129"],"abstract_inverted_index":{"This":[0,68],"paper":[1],"aims":[2],"to":[3,21,35,86,147],"investigate":[4],"and":[5,8,25,39,45,57,97,133],"measure":[6,31],"Bitcoin":[7,44,56,102,129,132,142],"the":[9,22,41,46,53,63,82,91,98,104,117,122,134],"five":[10,36],"largest":[11,135],"stablecoin":[12,58,105,136],"market":[13,59,79],"volatilities":[14],"by":[15,128],"incorporating":[16],"various":[17,118],"range-based":[18],"volatility":[19,33,60,92,100],"estimators":[20],"BEKK-":[23],"GARCH":[24],"Copula-DCC-GARCH":[26],"models.":[27],"Specifically,":[28],"we":[29,108],"further":[30],"Bitcoins\u2019":[32],"related":[34],"major":[37,95],"stablecoins":[38,123,149],"examine":[40],"connectedness":[42,54],"between":[43,55],"stablecoins.":[47],"Our":[48],"empirical":[49],"findings":[50],"document":[51],"that":[52,110,124],"behaviors":[61],"exhibits":[62],"presence":[64],"of":[65,71,94,101,121,152],"stable":[66],"interconnection.":[67],"study":[69],"is":[70,76,112],"particular":[72],"importance":[73],"since":[74],"it":[75],"crucial":[77],"for":[78,116],"participation":[80],"in":[81,150],"ongoing":[83],"crypto":[84],"assets":[85],"be":[87,145],"informed":[88],"about":[89],"both":[90],"patterns":[93],"cryptocurrencies":[96],"relative":[99],"against":[103],"markets.":[106],"Eventually,":[107],"find":[109],"there":[111],"no":[113],"systematic":[114],"evidence":[115],"parity":[119],"deviations":[120],"are":[125],"profoundly":[126],"impacted":[127],"volatility.":[130],"Thus,":[131],"Tether":[137],"could":[138],"stabilize":[139],"together.":[140],"However,":[141],"shall":[143],"not":[144],"generalized":[146],"other":[148],"terms":[151],"stability":[153],"results.":[154]},"counts_by_year":[{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3}],"updated_date":"2026-03-11T14:59:36.786465","created_date":"2025-10-10T00:00:00"}
