From: Cryptocurrency competition: empirical testing of Hayek’s vision of private monies
Boom periods | E-G | Bust periods | E-G | Stagnation | E-G | Whole period |
---|---|---|---|---|---|---|
1 | \(-1.82\) | 2 | \(-2.91\) | 3 | \(-2.26\) | |
4 | \(-2.28\) | 5 | \(-2.77\) | |||
6 | \(-2.39\) | 7 | \(-2.74\) | |||
8 | \(-2.08\) | 9 | \(-2.69\) | |||
Average | \(-2.14\) | \(-2.78\) | \(-2.26\) | \(-3.44\)** |