Template-Type: ReDIF-Article 1.0 
Author-Name: Javed Bin Kamal
Author-Name:  Mark Wohar
Author-Name:  Khaled Bin Kamal
Author-Email:  javed@ewubd.edu
Author-Workplace-Name:  East West University, Dhaka, Bangladesh
Title: On the Potential Hedging Instruments Against Central Bank Digital Currency Uncertainty and Attention Indices
Abstract:  We study dynamic conditional correlations of Central Bank Digital Currency (CBDC) uncertainty and attention indices with US dollar futures, 1-year US government bond, and gold futures. We find that USD futures hedges CBDC uncertainty, while the US bond hedges the CBDC uncertainty index subsequent to 2019. Interestingly, gold does not hedge CBDC uncertainty. The CBDC attention index exerts a negative effect on the other assets. These results are important for portfolio management.
Classification-JEL:  E58 ,G12
Keywords:  Central bank digital currency uncertainty and attention indices, US dollar futures, Gold, 1-year US government bond
Journal:  Asian Economics Letters
Pages: 1-7
Volume: 5
Issue: 2
Year:  2024
DOI:  2024/06/28
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/70301-on-the-potential-hedging-instruments-against-central-bank-digital-currency-uncertainty-and-attention-indices.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:96