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Global Encyclopedia of Public Administration, Public Policy, and Governance pp 1–9Cite as

Exploring the Nexus Between Inflation Expectations, LIBOR, and Coinbase Index

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Synonyms

Coinbase Index; Inflation expectations; LIBOR; Long-run effects; Short-run effects

Definitions

Coinbase Index (CBI): This index tracks the performance of the digital assets listed by Coinbase, which is weighted by the market capitalization.

One-month London Interbank Offered Rate (LIBOR): The London Interbank Offered Rate is the average interest rate at which the large banks borrow money from other banks in the London market. It is also used as a proxy for the short-term interest rate.

Five-year inflation expectations (FYIE): Measures the expected inflation for the 5-year period that starts from today.

Introduction

A number of international financial institutions, particularly the European Central Bank (2012), have emphasized that investment in cryptocurrencies is sustainable as it does not stimulate financial instability. Some of the common reasons why cryptocurrencies do not stimulate financial instability are as follows (Corbet et al. 2018): (1) lack of connection to the...

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Author information

Authors and Affiliations

  1. The University of the South Pacific, Suva, Fiji Islands

    Suwastika Naidu, Arvind Patel, Anand Chand & Atishwar Pandaram

Authors
  1. Suwastika Naidu
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  2. Arvind Patel
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  3. Anand Chand
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  4. Atishwar Pandaram
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Corresponding authors

Correspondence to Suwastika Naidu or Arvind Patel .

Editor information

Editors and Affiliations

  1. Florida Atlantic University, Boca Raton, FL, USA

    Ali Farazmand

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Naidu, S., Patel, A., Chand, A., Pandaram, A. (2020). Exploring the Nexus Between Inflation Expectations, LIBOR, and Coinbase Index. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_4018-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_4018-1

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  • Accepted:

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-31816-5

  • Online ISBN: 978-3-319-31816-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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