id	sid	tid	token	lemma	pos
dem-11745	1	1	2016	2016	NUM
dem-11745	1	2	nicolaus	nicolaus	PROPN
dem-11745	1	3	copernicus	copernicus	PROPN
dem-11745	1	4	university	university	PROPN
dem-11745	1	5	.	.	PUNCT
dem-11745	2	1	all	all	DET
dem-11745	2	2	rights	right	NOUN
dem-11745	2	3	reserved	reserve	VERB
dem-11745	2	4	.	.	PUNCT
dem-11745	3	1	http://www.dem.umk.pl/dem	http://www.dem.umk.pl/dem	PROPN
dem-11745	4	1	d	d	PUNCT
dem-11745	4	2	y	y	PROPN
dem-11745	4	3	n	n	PROPN
dem-11745	4	4	a	a	PRON
dem-11745	4	5	m	m	VERB
dem-11745	5	1	i	i	NOUN
dem-11745	5	2	c	c	NOUN
dem-11745	5	3	e	e	NOUN
dem-11745	5	4	c	c	NOUN
dem-11745	5	5	o	o	X
dem-11745	6	1	n	n	INTJ
dem-11745	6	2	o	o	NOUN
dem-11745	6	3	m	m	VERB
dem-11745	7	1	e	e	NOUN
dem-11745	7	2	t	t	NOUN
dem-11745	7	3	r	r	NOUN
dem-11745	7	4	i	i	NOUN
dem-11745	7	5	c	c	NOUN
dem-11745	7	6	m	m	VERB
dem-11745	7	7	o	o	NOUN
dem-11745	7	8	d	d	X
dem-11745	7	9	e	e	X
dem-11745	7	10	l	l	NOUN
dem-11745	7	11	s	s	X
dem-11745	7	12	doi	doi	NOUN
dem-11745	7	13	:	:	PUNCT
dem-11745	7	14	http://dx.doi.org/10.12775/dem.2016.009	http://dx.doi.org/10.12775/dem.2016.009	X
dem-11745	7	15	vol	vol	NOUN
dem-11745	7	16	.	.	PUNCT
dem-11745	8	1	16	16	NUM
dem-11745	8	2	(	(	PUNCT
dem-11745	8	3	2016	2016	NUM
dem-11745	8	4	)	)	PUNCT
dem-11745	9	1	133−144	133−144	NUM
dem-11745	9	2	submitted	submit	VERB
dem-11745	9	3	november	november	PROPN
dem-11745	9	4	11	11	NUM
dem-11745	9	5	,	,	PUNCT
dem-11745	9	6	2016	2016	NUM
dem-11745	9	7	issn	issn	X
dem-11745	9	8	(	(	PUNCT
dem-11745	9	9	online	online	ADJ
dem-11745	9	10	)	)	PUNCT
dem-11745	9	11	2450	2450	NUM
dem-11745	9	12	-	-	SYM
dem-11745	9	13	7067	7067	NUM
dem-11745	9	14	accepted	accept	VERB
dem-11745	9	15	december	december	PROPN
dem-11745	9	16	20	20	NUM
dem-11745	9	17	,	,	PUNCT
dem-11745	9	18	2016	2016	NUM
dem-11745	9	19	issn	issn	PROPN
dem-11745	9	20	(	(	PUNCT
dem-11745	9	21	print	print	NOUN
dem-11745	9	22	)	)	PUNCT
dem-11745	9	23	1234	1234	NUM
dem-11745	9	24	-	-	SYM
dem-11745	9	25	3862	3862	NUM
dem-11745	9	26	beata	beata	NOUN
dem-11745	9	27	szetela	szetela	NOUN
dem-11745	9	28	,	,	PUNCT
dem-11745	9	29	grzegorz	grzegorz	NOUN
dem-11745	9	30	mentel	mentel	NOUN
dem-11745	9	31	,	,	PUNCT
dem-11745	9	32	stanisław	stanisław	VERB
dem-11745	9	33	gędek	gędek	NOUN
dem-11745	9	34	*	*	PUNCT
dem-11745	9	35	dependency	dependency	NOUN
dem-11745	9	36	analysis	analysis	NOUN
dem-11745	9	37	between	between	ADP
dem-11745	9	38	bitcoin	bitcoin	NOUN
dem-11745	9	39	and	and	CCONJ
dem-11745	9	40	selected	select	VERB
dem-11745	9	41	global	global	ADJ
dem-11745	9	42	currencies	currency	NOUN
dem-11745	9	43	a	a	DET
dem-11745	9	44	b	b	NOUN
dem-11745	9	45	s	s	ADP
dem-11745	9	46	t	t	PROPN
dem-11745	9	47	r	r	NOUN
dem-11745	9	48	a	a	DET
dem-11745	9	49	c	c	NOUN
dem-11745	9	50	t.	t.	NOUN
dem-11745	9	51	in	in	ADP
dem-11745	9	52	this	this	DET
dem-11745	9	53	research	research	NOUN
dem-11745	9	54	we	we	PRON
dem-11745	9	55	have	have	AUX
dem-11745	9	56	tried	try	VERB
dem-11745	9	57	to	to	PART
dem-11745	9	58	identify	identify	VERB
dem-11745	9	59	the	the	DET
dem-11745	9	60	relationship	relationship	NOUN
dem-11745	9	61	between	between	ADP
dem-11745	9	62	the	the	DET
dem-11745	9	63	exchange	exchange	NOUN
dem-11745	9	64	rate	rate	NOUN
dem-11745	9	65	for	for	ADP
dem-11745	9	66	bitcoin	bitcoin	NOUN
dem-11745	9	67	to	to	ADP
dem-11745	9	68	the	the	DET
dem-11745	9	69	leading	lead	VERB
dem-11745	9	70	currencies	currency	NOUN
dem-11745	9	71	such	such	ADJ
dem-11745	9	72	as	as	ADP
dem-11745	9	73	dollar	dollar	NOUN
dem-11745	9	74	,	,	PUNCT
dem-11745	9	75	euro	euro	NOUN
dem-11745	9	76	,	,	PUNCT
dem-11745	9	77	british	british	ADJ
dem-11745	9	78	pound	pound	NOUN
dem-11745	9	79	and	and	CCONJ
dem-11745	9	80	chinese	chinese	ADJ
dem-11745	9	81	yuan	yuan	PROPN
dem-11745	9	82	and	and	CCONJ
dem-11745	9	83	polish	polish	ADJ
dem-11745	9	84	zloty	zloty	NOUN
dem-11745	9	85	as	as	ADV
dem-11745	9	86	well	well	ADV
dem-11745	9	87	.	.	PUNCT
dem-11745	10	1	we	we	PRON
dem-11745	10	2	have	have	AUX
dem-11745	10	3	applied	apply	VERB
dem-11745	10	4	arma	arma	NOUN
dem-11745	10	5	and	and	CCONJ
dem-11745	10	6	garch	garch	NOUN
dem-11745	10	7	models	model	NOUN
dem-11745	10	8	to	to	AUX
dem-11745	10	9	model	model	NOUN
dem-11745	10	10	and	and	CCONJ
dem-11745	10	11	to	to	PART
dem-11745	10	12	analyze	analyze	VERB
dem-11745	10	13	the	the	DET
dem-11745	10	14	conditional	conditional	ADJ
dem-11745	10	15	mean	mean	NOUN
dem-11745	10	16	and	and	CCONJ
dem-11745	10	17	variance	variance	NOUN
dem-11745	10	18	.	.	PUNCT
dem-11745	11	1	the	the	DET
dem-11745	11	2	appliance	appliance	NOUN
dem-11745	11	3	of	of	ADP
dem-11745	11	4	garch	garch	NOUN
dem-11745	11	5	models	model	NOUN
dem-11745	11	6	have	have	AUX
dem-11745	11	7	identified	identify	VERB
dem-11745	11	8	some	some	DET
dem-11745	11	9	dependency	dependency	NOUN
dem-11745	11	10	in	in	ADP
dem-11745	11	11	explanation	explanation	NOUN
dem-11745	11	12	conditional	conditional	ADJ
dem-11745	11	13	variance	variance	NOUN
dem-11745	11	14	between	between	ADP
dem-11745	11	15	bitcoin	bitcoin	PROPN
dem-11745	11	16	and	and	CCONJ
dem-11745	11	17	us	us	PROPN
dem-11745	11	18	dollar	dollar	NOUN
dem-11745	11	19	,	,	PUNCT
dem-11745	11	20	euro	euro	NOUN
dem-11745	11	21	and	and	CCONJ
dem-11745	11	22	yuan	yuan	NOUN
dem-11745	11	23	,	,	PUNCT
dem-11745	11	24	while	while	SCONJ
dem-11745	11	25	arma	arma	NOUN
dem-11745	11	26	analysis	analysis	NOUN
dem-11745	11	27	have	have	AUX
dem-11745	11	28	shown	show	VERB
dem-11745	11	29	no	no	DET
dem-11745	11	30	relations	relation	NOUN
dem-11745	11	31	between	between	ADP
dem-11745	11	32	bitcoin	bitcoin	ADJ
dem-11745	11	33	and	and	CCONJ
dem-11745	11	34	other	other	ADJ
dem-11745	11	35	dependent	dependent	ADJ
dem-11745	11	36	variables	variable	NOUN
dem-11745	11	37	.	.	PUNCT
dem-11745	12	1	k	k	PROPN
dem-11745	12	2	e	e	PROPN
dem-11745	12	3	y	y	PROPN
dem-11745	12	4	w	w	NOUN
dem-11745	12	5	o	o	NOUN
dem-11745	12	6	r	r	NOUN
dem-11745	12	7	d	d	X
dem-11745	12	8	s	s	PROPN
dem-11745	12	9	:	:	PUNCT
dem-11745	12	10	arma	arma	ADJ
dem-11745	12	11	,	,	PUNCT
dem-11745	12	12	bitcoin	bitcoin	NOUN
dem-11745	12	13	,	,	PUNCT
dem-11745	12	14	dependency	dependency	NOUN
dem-11745	12	15	,	,	PUNCT
dem-11745	12	16	garch	garch	NOUN
dem-11745	12	17	,	,	PUNCT
dem-11745	12	18	variability	variability	NOUN
dem-11745	12	19	.	.	PUNCT
dem-11745	13	1	j	j	PROPN
dem-11745	13	2	e	e	NOUN
dem-11745	13	3	l	l	PROPN
dem-11745	13	4	classification	classification	NOUN
dem-11745	13	5	:	:	PUNCT
dem-11745	13	6	f31	f31	PROPN
dem-11745	13	7	;	;	PUNCT
dem-11745	13	8	c32	c32	NOUN
dem-11745	13	9	.	.	PUNCT
dem-11745	14	1	introduction	introduction	NOUN
dem-11745	14	2	progressive	progressive	ADJ
dem-11745	14	3	globalization	globalization	NOUN
dem-11745	14	4	and	and	CCONJ
dem-11745	14	5	dynamic	dynamic	ADJ
dem-11745	14	6	technological	technological	ADJ
dem-11745	14	7	development	development	NOUN
dem-11745	14	8	has	have	AUX
dem-11745	14	9	led	lead	VERB
dem-11745	14	10	to	to	ADP
dem-11745	14	11	inequalities	inequality	NOUN
dem-11745	14	12	in	in	ADP
dem-11745	14	13	sharing	sharing	NOUN
dem-11745	14	14	of	of	ADP
dem-11745	14	15	resources	resource	NOUN
dem-11745	14	16	and	and	CCONJ
dem-11745	14	17	increase	increase	NOUN
dem-11745	14	18	of	of	ADP
dem-11745	14	19	distrust	distrust	NOUN
dem-11745	14	20	to	to	ADP
dem-11745	14	21	governments	government	NOUN
dem-11745	14	22	,	,	PUNCT
dem-11745	14	23	banks	bank	NOUN
dem-11745	14	24	and	and	CCONJ
dem-11745	14	25	other	other	ADJ
dem-11745	14	26	state	state	NOUN
dem-11745	14	27	and	and	CCONJ
dem-11745	14	28	financial	financial	ADJ
dem-11745	14	29	institutions	institution	NOUN
dem-11745	14	30	.	.	PUNCT
dem-11745	15	1	people	people	NOUN
dem-11745	15	2	began	begin	VERB
dem-11745	15	3	to	to	PART
dem-11745	15	4	look	look	VERB
dem-11745	15	5	for	for	ADP
dem-11745	15	6	new	new	ADJ
dem-11745	15	7	alternatives	alternative	NOUN
dem-11745	15	8	that	that	PRON
dem-11745	15	9	would	would	AUX
dem-11745	15	10	respond	respond	VERB
dem-11745	15	11	to	to	ADP
dem-11745	15	12	the	the	DET
dem-11745	15	13	growing	grow	VERB
dem-11745	15	14	consumerism	consumerism	NOUN
dem-11745	15	15	and	and	CCONJ
dem-11745	15	16	surveillance	surveillance	NOUN
dem-11745	15	17	.	.	PUNCT
dem-11745	16	1	the	the	DET
dem-11745	16	2	creation	creation	NOUN
dem-11745	16	3	of	of	ADP
dem-11745	16	4	virtual	virtual	ADJ
dem-11745	16	5	currencies	currency	NOUN
dem-11745	16	6	(	(	PUNCT
dem-11745	16	7	vc	vc	NOUN
dem-11745	16	8	)	)	PUNCT
dem-11745	16	9	was	be	AUX
dem-11745	16	10	such	such	DET
dem-11745	16	11	an	an	DET
dem-11745	16	12	answer	answer	NOUN
dem-11745	16	13	.	.	PUNCT
dem-11745	17	1	vc	vc	AUX
dem-11745	17	2	’s	’s	PART
dem-11745	17	3	are	be	AUX
dem-11745	17	4	developing	develop	VERB
dem-11745	17	5	in	in	ADP
dem-11745	17	6	a	a	DET
dem-11745	17	7	dynamic	dynamic	ADJ
dem-11745	17	8	way	way	NOUN
dem-11745	17	9	and	and	CCONJ
dem-11745	17	10	are	be	AUX
dem-11745	17	11	gaining	gain	VERB
dem-11745	17	12	more	more	ADV
dem-11745	17	13	and	and	CCONJ
dem-11745	17	14	more	more	ADV
dem-11745	17	15	atten	atten	ADJ
dem-11745	17	16	*	*	PUNCT
dem-11745	17	17	correspondence	correspondence	NOUN
dem-11745	17	18	to	to	ADP
dem-11745	17	19	:	:	PUNCT
dem-11745	17	20	beata	beata	PROPN
dem-11745	17	21	szetela	szetela	PROPN
dem-11745	17	22	,	,	PUNCT
dem-11745	17	23	rzeszow	rzeszow	PROPN
dem-11745	17	24	technical	technical	PROPN
dem-11745	17	25	university	university	PROPN
dem-11745	17	26	,	,	PUNCT
dem-11745	17	27	faculty	faculty	NOUN
dem-11745	17	28	of	of	ADP
dem-11745	17	29	management	management	NOUN
dem-11745	17	30	,	,	PUNCT
dem-11745	17	31	al	al	PROPN
dem-11745	17	32	.	.	PROPN
dem-11745	17	33	powstańców	powstańców	PROPN
dem-11745	17	34	warszawy	warszawy	PROPN
dem-11745	17	35	8	8	NUM
dem-11745	17	36	,	,	PUNCT
dem-11745	17	37	35	35	NUM
dem-11745	17	38	-	-	SYM
dem-11745	17	39	959	959	NUM
dem-11745	17	40	rzeszów	rzeszów	NOUN
dem-11745	17	41	,	,	PUNCT
dem-11745	17	42	poland	poland	PROPN
dem-11745	17	43	,	,	PUNCT
dem-11745	17	44	e	e	NOUN
dem-11745	17	45	-	-	NOUN
dem-11745	17	46	mail	mail	NOUN
dem-11745	17	47	:	:	PUNCT
dem-11745	17	48	beata@prz.edu.pl	beata@prz.edu.pl	PROPN
dem-11745	17	49	;	;	PUNCT
dem-11745	17	50	grzegorz	grzegorz	NOUN
dem-11745	17	51	mentel	mentel	NOUN
dem-11745	17	52	,	,	PUNCT
dem-11745	17	53	rzeszow	rzeszow	PROPN
dem-11745	17	54	technical	technical	PROPN
dem-11745	17	55	university	university	PROPN
dem-11745	17	56	,	,	PUNCT
dem-11745	17	57	faculty	faculty	NOUN
dem-11745	17	58	of	of	ADP
dem-11745	17	59	management	management	NOUN
dem-11745	17	60	,	,	PUNCT
dem-11745	17	61	al	al	PROPN
dem-11745	17	62	.	.	PROPN
dem-11745	17	63	powstańców	powstańców	PROPN
dem-11745	17	64	warszawy	warszawy	PROPN
dem-11745	17	65	8	8	NUM
dem-11745	17	66	,	,	PUNCT
dem-11745	17	67	35	35	NUM
dem-11745	17	68	-	-	SYM
dem-11745	17	69	959	959	NUM
dem-11745	17	70	rzeszów	rzeszów	NOUN
dem-11745	17	71	,	,	PUNCT
dem-11745	17	72	poland	poland	PROPN
dem-11745	17	73	,	,	PUNCT
dem-11745	17	74	e	e	NOUN
dem-11745	17	75	-	-	NOUN
dem-11745	17	76	mail	mail	NOUN
dem-11745	17	77	:	:	PUNCT
dem-11745	17	78	gmentel@prz.edu.pl	gmentel@prz.edu.pl	NOUN
dem-11745	17	79	;	;	PUNCT
dem-11745	17	80	stanisław	stanisław	VERB
dem-11745	17	81	gędek	gędek	NOUN
dem-11745	17	82	,	,	PUNCT
dem-11745	17	83	rzeszow	rzeszow	PROPN
dem-11745	17	84	technical	technical	PROPN
dem-11745	17	85	university	university	PROPN
dem-11745	17	86	,	,	PUNCT
dem-11745	17	87	faculty	faculty	NOUN
dem-11745	17	88	of	of	ADP
dem-11745	17	89	management	management	NOUN
dem-11745	17	90	,	,	PUNCT
dem-11745	17	91	al	al	PROPN
dem-11745	17	92	.	.	PROPN
dem-11745	17	93	powstańców	powstańców	PROPN
dem-11745	17	94	warszawy	warszawy	PROPN
dem-11745	17	95	8	8	NUM
dem-11745	17	96	,	,	PUNCT
dem-11745	17	97	35	35	NUM
dem-11745	17	98	-	-	SYM
dem-11745	17	99	959	959	NUM
dem-11745	17	100	rzeszów	rzeszów	NOUN
dem-11745	17	101	,	,	PUNCT
dem-11745	17	102	poland	poland	PROPN
dem-11745	17	103	,	,	PUNCT
dem-11745	17	104	e	e	NOUN
dem-11745	17	105	-	-	NOUN
dem-11745	17	106	mail	mail	NOUN
dem-11745	17	107	:	:	PUNCT
dem-11745	17	108	gedeks@prz.edu.pl	gedeks@prz.edu.pl	PROPN
dem-11745	17	109	.	.	PUNCT
dem-11745	18	1	beata	beata	PROPN
dem-11745	18	2	szetela	szetela	PROPN
dem-11745	18	3	,	,	PUNCT
dem-11745	18	4	grzegorz	grzegorz	NOUN
dem-11745	18	5	mentel	mentel	NOUN
dem-11745	18	6	,	,	PUNCT
dem-11745	18	7	stanisław	stanisław	VERB
dem-11745	18	8	gędek	gędek	PROPN
dem-11745	18	9	dynamic	dynamic	ADJ
dem-11745	18	10	econometric	econometric	ADJ
dem-11745	18	11	models	model	NOUN
dem-11745	18	12	16	16	NUM
dem-11745	18	13	(	(	PUNCT
dem-11745	18	14	2016	2016	NUM
dem-11745	18	15	)	)	PUNCT
dem-11745	18	16	133–144	133–144	NUM
dem-11745	18	17	134	134	NUM
dem-11745	18	18	tion	tion	NOUN
dem-11745	18	19	.	.	PUNCT
dem-11745	19	1	the	the	DET
dem-11745	19	2	experts	expert	NOUN
dem-11745	19	3	from	from	ADP
dem-11745	19	4	pricewaterhousecoopers	pricewaterhousecooper	NOUN
dem-11745	19	5	in	in	ADP
dem-11745	19	6	their	their	PRON
dem-11745	19	7	report	report	NOUN
dem-11745	19	8	have	have	AUX
dem-11745	19	9	admitted	admit	VERB
dem-11745	19	10	,	,	PUNCT
dem-11745	19	11	that	that	SCONJ
dem-11745	19	12	vc	vc	PROPN
dem-11745	19	13	is	be	AUX
dem-11745	19	14	a	a	DET
dem-11745	19	15	beginning	beginning	NOUN
dem-11745	19	16	of	of	ADP
dem-11745	19	17	a	a	DET
dem-11745	19	18	new	new	ADJ
dem-11745	19	19	phase	phase	NOUN
dem-11745	19	20	of	of	ADP
dem-11745	19	21	technology	technology	NOUN
dem-11745	19	22	-	-	PUNCT
dem-11745	19	23	driven	drive	VERB
dem-11745	19	24	markets	market	NOUN
dem-11745	19	25	that	that	PRON
dem-11745	19	26	have	have	VERB
dem-11745	19	27	the	the	DET
dem-11745	19	28	potential	potential	NOUN
dem-11745	19	29	to	to	PART
dem-11745	19	30	disrupt	disrupt	VERB
dem-11745	19	31	conventional	conventional	ADJ
dem-11745	19	32	market	market	NOUN
dem-11745	19	33	strategies	strategy	NOUN
dem-11745	19	34	,	,	PUNCT
dem-11745	19	35	longstanding	longstanding	ADJ
dem-11745	19	36	business	business	NOUN
dem-11745	19	37	practices	practice	NOUN
dem-11745	19	38	,	,	PUNCT
dem-11745	19	39	and	and	CCONJ
dem-11745	19	40	established	establish	VERB
dem-11745	19	41	regulatory	regulatory	ADJ
dem-11745	19	42	perspectives	perspective	NOUN
dem-11745	19	43	—	—	PUNCT
dem-11745	19	44	all	all	ADV
dem-11745	19	45	to	to	ADP
dem-11745	19	46	the	the	DET
dem-11745	19	47	benefit	benefit	NOUN
dem-11745	19	48	of	of	ADP
dem-11745	19	49	consumers	consumer	NOUN
dem-11745	19	50	and	and	CCONJ
dem-11745	19	51	broader	broad	ADJ
dem-11745	19	52	macroeconomic	macroeconomic	ADJ
dem-11745	19	53	efficiency	efficiency	NOUN
dem-11745	19	54	.	.	PUNCT
dem-11745	20	1	[	[	X
dem-11745	20	2	vc	vc	X
dem-11745	20	3	]	]	X
dem-11745	20	4	carry	carry	VERB
dem-11745	20	5	groundbreaking	groundbreake	VERB
dem-11745	20	6	potential	potential	NOUN
dem-11745	20	7	to	to	PART
dem-11745	20	8	allow	allow	VERB
dem-11745	20	9	consumers	consumer	NOUN
dem-11745	20	10	access	access	VERB
dem-11745	20	11	to	to	ADP
dem-11745	20	12	a	a	DET
dem-11745	20	13	global	global	ADJ
dem-11745	20	14	payment	payment	NOUN
dem-11745	20	15	system	system	NOUN
dem-11745	20	16	—	—	PUNCT
dem-11745	20	17	anywhere	anywhere	ADV
dem-11745	20	18	,	,	PUNCT
dem-11745	20	19	anytime	anytime	NOUN
dem-11745	20	20	.	.	PUNCT
dem-11745	21	1	(	(	PUNCT
dem-11745	21	2	pwc	pwc	NOUN
dem-11745	21	3	,	,	PUNCT
dem-11745	21	4	2015	2015	NUM
dem-11745	21	5	)	)	PUNCT
dem-11745	21	6	.	.	PUNCT
dem-11745	22	1	following	follow	VERB
dem-11745	22	2	information	information	NOUN
dem-11745	22	3	available	available	ADJ
dem-11745	22	4	via	via	ADP
dem-11745	22	5	:	:	PUNCT
dem-11745	22	6	mapofcoins.com	mapofcoins.com	X
dem-11745	22	7	,	,	PUNCT
dem-11745	22	8	currently	currently	ADV
dem-11745	22	9	there	there	PRON
dem-11745	22	10	are	be	VERB
dem-11745	22	11	ca	ca	NOUN
dem-11745	22	12	.	.	PUNCT
dem-11745	23	1	600	600	NUM
dem-11745	23	2	different	different	ADJ
dem-11745	23	3	,	,	PUNCT
dem-11745	23	4	active	active	ADJ
dem-11745	23	5	virtual	virtual	ADJ
dem-11745	23	6	currencies	currency	NOUN
dem-11745	23	7	.	.	PUNCT
dem-11745	24	1	among	among	ADP
dem-11745	24	2	them	they	PRON
dem-11745	24	3	is	be	AUX
dem-11745	24	4	bitcoin	bitcoin	ADJ
dem-11745	24	5	–	–	PUNCT
dem-11745	24	6	one	one	NUM
dem-11745	24	7	of	of	ADP
dem-11745	24	8	the	the	DET
dem-11745	24	9	most	most	ADV
dem-11745	24	10	prominent	prominent	ADJ
dem-11745	24	11	examples	example	NOUN
dem-11745	24	12	,	,	PUNCT
dem-11745	24	13	with	with	ADP
dem-11745	24	14	the	the	DET
dem-11745	24	15	biggest	big	ADJ
dem-11745	24	16	capitalization	capitalization	NOUN
dem-11745	24	17	(	(	PUNCT
dem-11745	24	18	ca	ca	NOUN
dem-11745	24	19	.	.	PROPN
dem-11745	25	1	10	10	NUM
dem-11745	25	2	bn	bn	NUM
dem-11745	25	3	usd	usd	NOUN
dem-11745	25	4	)	)	PUNCT
dem-11745	25	5	.	.	PUNCT
dem-11745	26	1	it	it	PRON
dem-11745	26	2	is	be	AUX
dem-11745	26	3	the	the	DET
dem-11745	26	4	most	most	ADV
dem-11745	26	5	popular	popular	ADJ
dem-11745	26	6	and	and	CCONJ
dem-11745	26	7	most	most	ADV
dem-11745	26	8	widely	widely	ADV
dem-11745	26	9	recognized	recognize	VERB
dem-11745	26	10	vc	vc	NOUN
dem-11745	26	11	.	.	PUNCT
dem-11745	27	1	many	many	ADJ
dem-11745	27	2	global	global	ADJ
dem-11745	27	3	companies	company	NOUN
dem-11745	27	4	are	be	AUX
dem-11745	27	5	now	now	ADV
dem-11745	27	6	accepting	accept	VERB
dem-11745	27	7	payments	payment	NOUN
dem-11745	27	8	in	in	ADP
dem-11745	27	9	bitcoin	bitcoin	NOUN
dem-11745	27	10	,	,	PUNCT
dem-11745	27	11	e.g.	e.g.	ADV
dem-11745	27	12	wordpress.com	wordpress.com	PROPN
dem-11745	27	13	,	,	PUNCT
dem-11745	27	14	amazon	amazon	PROPN
dem-11745	27	15	,	,	PUNCT
dem-11745	27	16	victoria	victoria	PROPN
dem-11745	27	17	’s	’s	PART
dem-11745	27	18	secret	secret	ADJ
dem-11745	27	19	,	,	PUNCT
dem-11745	27	20	subway	subway	NOUN
dem-11745	27	21	,	,	PUNCT
dem-11745	27	22	bloomberg.com	bloomberg.com	X
dem-11745	27	23	,	,	PUNCT
dem-11745	27	24	sears	sears	PROPN
dem-11745	27	25	,	,	PUNCT
dem-11745	27	26	gap	gap	NOUN
dem-11745	27	27	,	,	PUNCT
dem-11745	27	28	apple	apple	NOUN
dem-11745	27	29	app	app	NOUN
dem-11745	27	30	store	store	NOUN
dem-11745	27	31	,	,	PUNCT
dem-11745	27	32	miscrosoft	miscrosoft	NOUN
dem-11745	27	33	,	,	PUNCT
dem-11745	27	34	dell	dell	NOUN
dem-11745	27	35	,	,	PUNCT
dem-11745	27	36	lot	lot	NOUN
dem-11745	27	37	polish	polish	PROPN
dem-11745	27	38	airlines	airline	NOUN
dem-11745	27	39	,	,	PUNCT
dem-11745	27	40	t	t	PROPN
dem-11745	27	41	-	-	PUNCT
dem-11745	27	42	mobile	mobile	NOUN
dem-11745	27	43	polska	polska	PROPN
dem-11745	27	44	,	,	PUNCT
dem-11745	27	45	profident	profident	NOUN
dem-11745	27	46	,	,	PUNCT
dem-11745	27	47	etc	etc	X
dem-11745	27	48	.	.	X
dem-11745	28	1	the	the	DET
dem-11745	28	2	father	father	PROPN
dem-11745	28	3	of	of	ADP
dem-11745	28	4	bitcoin	bitcoin	NOUN
dem-11745	28	5	is	be	AUX
dem-11745	28	6	considered	consider	VERB
dem-11745	28	7	satoshi	satoshi	NOUN
dem-11745	28	8	nakamoto	nakamoto	NOUN
dem-11745	28	9	,	,	PUNCT
dem-11745	28	10	who	who	PRON
dem-11745	28	11	in	in	ADP
dem-11745	28	12	2008	2008	NUM
dem-11745	28	13	published	publish	VERB
dem-11745	28	14	an	an	DET
dem-11745	28	15	article	article	NOUN
dem-11745	28	16	"	"	PUNCT
dem-11745	28	17	bitcoin	bitcoin	VERB
dem-11745	28	18	:	:	PUNCT
dem-11745	28	19	a	a	DET
dem-11745	28	20	peer	peer	NOUN
dem-11745	28	21	-	-	PUNCT
dem-11745	28	22	to	to	ADP
dem-11745	28	23	-	-	PUNCT
dem-11745	28	24	peer	peer	NOUN
dem-11745	28	25	electronic	electronic	ADJ
dem-11745	28	26	cash	cash	NOUN
dem-11745	28	27	system	system	NOUN
dem-11745	28	28	"	"	PUNCT
dem-11745	28	29	,	,	PUNCT
dem-11745	28	30	in	in	ADP
dem-11745	28	31	which	which	PRON
dem-11745	28	32	he	he	PRON
dem-11745	28	33	described	describe	VERB
dem-11745	28	34	the	the	DET
dem-11745	28	35	concept	concept	NOUN
dem-11745	28	36	of	of	ADP
dem-11745	28	37	virtual	virtual	ADJ
dem-11745	28	38	,	,	PUNCT
dem-11745	28	39	decentralized	decentralized	ADJ
dem-11745	28	40	and	and	CCONJ
dem-11745	28	41	independent	independent	ADJ
dem-11745	28	42	means	mean	NOUN
dem-11745	28	43	of	of	ADP
dem-11745	28	44	payment	payment	NOUN
dem-11745	28	45	.	.	PUNCT
dem-11745	29	1	he	he	PRON
dem-11745	29	2	has	have	AUX
dem-11745	29	3	based	base	VERB
dem-11745	29	4	his	his	PRON
dem-11745	29	5	solution	solution	NOUN
dem-11745	29	6	on	on	ADP
dem-11745	29	7	the	the	DET
dem-11745	29	8	information	information	NOUN
dem-11745	29	9	protocol	protocol	NOUN
dem-11745	29	10	(	(	PUNCT
dem-11745	29	11	block	block	NOUN
dem-11745	29	12	chain	chain	NOUN
dem-11745	29	13	)	)	PUNCT
dem-11745	29	14	,	,	PUNCT
dem-11745	29	15	which	which	PRON
dem-11745	29	16	aims	aim	VERB
dem-11745	29	17	to	to	PART
dem-11745	29	18	eliminate	eliminate	VERB
dem-11745	29	19	all	all	PRON
dem-11745	29	20	of	of	ADP
dem-11745	29	21	the	the	DET
dem-11745	29	22	transactions	transaction	NOUN
dem-11745	29	23	factors	factor	NOUN
dem-11745	29	24	,	,	PUNCT
dem-11745	29	25	which	which	PRON
dem-11745	29	26	are	be	AUX
dem-11745	29	27	based	base	VERB
dem-11745	29	28	on	on	ADP
dem-11745	29	29	trust	trust	NOUN
dem-11745	29	30	1	1	NUM
dem-11745	29	31	.	.	PUNCT
dem-11745	30	1	bitcoin	bitcoin	ADJ
dem-11745	30	2	supporters	supporter	NOUN
dem-11745	30	3	consider	consider	VERB
dem-11745	30	4	anonymity	anonymity	NOUN
dem-11745	30	5	as	as	ADP
dem-11745	30	6	its	its	PRON
dem-11745	30	7	major	major	ADJ
dem-11745	30	8	advantage	advantage	NOUN
dem-11745	30	9	,	,	PUNCT
dem-11745	30	10	as	as	ADV
dem-11745	30	11	well	well	ADV
dem-11745	30	12	as	as	ADP
dem-11745	30	13	its	its	PRON
dem-11745	30	14	broadest	broad	ADJ
dem-11745	30	15	sense	sense	NOUN
dem-11745	30	16	independence	independence	NOUN
dem-11745	30	17	.	.	PUNCT
dem-11745	31	1	therefore	therefore	ADV
dem-11745	31	2	in	in	ADP
dem-11745	31	3	this	this	DET
dem-11745	31	4	article	article	NOUN
dem-11745	31	5	we	we	PRON
dem-11745	31	6	have	have	AUX
dem-11745	31	7	used	use	VERB
dem-11745	31	8	autoregressive	autoregressive	ADJ
dem-11745	31	9	models	model	NOUN
dem-11745	31	10	,	,	PUNCT
dem-11745	31	11	such	such	ADJ
dem-11745	31	12	as	as	ADP
dem-11745	31	13	arma	arma	NOUN
dem-11745	31	14	and	and	CCONJ
dem-11745	31	15	garch	garch	NOUN
dem-11745	31	16	,	,	PUNCT
dem-11745	31	17	to	to	PART
dem-11745	31	18	model	model	VERB
dem-11745	31	19	and	and	CCONJ
dem-11745	31	20	to	to	PART
dem-11745	31	21	analyze	analyze	VERB
dem-11745	31	22	bitcoin	bitcoin	PROPN
dem-11745	31	23	’s	’s	PART
dem-11745	31	24	conditional	conditional	ADJ
dem-11745	31	25	mean	mean	NOUN
dem-11745	31	26	and	and	CCONJ
dem-11745	31	27	variance	variance	NOUN
dem-11745	31	28	in	in	ADP
dem-11745	31	29	relation	relation	NOUN
dem-11745	31	30	to	to	ADP
dem-11745	31	31	other	other	ADJ
dem-11745	31	32	world	world	NOUN
dem-11745	31	33	currencies	currency	NOUN
dem-11745	31	34	like	like	ADP
dem-11745	31	35	us	we	PRON
dem-11745	31	36	dollar	dollar	NOUN
dem-11745	31	37	(	(	PUNCT
dem-11745	31	38	usd	usd	NOUN
dem-11745	31	39	)	)	PUNCT
dem-11745	31	40	,	,	PUNCT
dem-11745	31	41	euro	euro	PROPN
dem-11745	31	42	(	(	PUNCT
dem-11745	31	43	eur	eur	PROPN
dem-11745	31	44	)	)	PUNCT
dem-11745	31	45	,	,	PUNCT
dem-11745	31	46	british	british	ADJ
dem-11745	31	47	pound	pound	NOUN
dem-11745	31	48	sterling	sterling	NOUN
dem-11745	31	49	(	(	PUNCT
dem-11745	31	50	gbp	gbp	NOUN
dem-11745	31	51	)	)	PUNCT
dem-11745	31	52	and	and	CCONJ
dem-11745	31	53	chinese	chinese	PROPN
dem-11745	31	54	yuan	yuan	PROPN
dem-11745	31	55	(	(	PUNCT
dem-11745	31	56	cny	cny	PROPN
dem-11745	31	57	)	)	PUNCT
dem-11745	31	58	.	.	PUNCT
dem-11745	32	1	the	the	DET
dem-11745	32	2	currencies	currency	NOUN
dem-11745	32	3	were	be	AUX
dem-11745	32	4	selected	select	VERB
dem-11745	32	5	based	base	VERB
dem-11745	32	6	on	on	ADP
dem-11745	32	7	the	the	DET
dem-11745	32	8	transaction	transaction	NOUN
dem-11745	32	9	volume	volume	NOUN
dem-11745	32	10	,	,	PUNCT
dem-11745	32	11	in	in	ADP
dem-11745	32	12	which	which	PRON
dem-11745	32	13	the	the	DET
dem-11745	32	14	most	most	ADJ
dem-11745	32	15	of	of	ADP
dem-11745	32	16	the	the	DET
dem-11745	32	17	transactions	transaction	NOUN
dem-11745	32	18	were	be	AUX
dem-11745	32	19	performed	perform	VERB
dem-11745	32	20	.	.	PUNCT
dem-11745	33	1	the	the	DET
dem-11745	33	2	results	result	NOUN
dem-11745	33	3	would	would	AUX
dem-11745	33	4	give	give	VERB
dem-11745	33	5	us	we	PRON
dem-11745	33	6	an	an	DET
dem-11745	33	7	answer	answer	NOUN
dem-11745	33	8	,	,	PUNCT
dem-11745	33	9	whether	whether	SCONJ
dem-11745	33	10	bitcoin	bitcoin	NOUN
dem-11745	33	11	is	be	AUX
dem-11745	33	12	impervious	impervious	ADJ
dem-11745	33	13	to	to	ADP
dem-11745	33	14	external	external	ADJ
dem-11745	33	15	influences	influence	NOUN
dem-11745	33	16	.	.	PUNCT
dem-11745	34	1	such	such	DET
dem-11745	34	2	a	a	DET
dem-11745	34	3	feature	feature	NOUN
dem-11745	34	4	would	would	AUX
dem-11745	34	5	imply	imply	VERB
dem-11745	34	6	that	that	SCONJ
dem-11745	34	7	this	this	DET
dem-11745	34	8	vc	vc	NOUN
dem-11745	34	9	is	be	AUX
dem-11745	34	10	impossible	impossible	ADJ
dem-11745	34	11	to	to	PART
dem-11745	34	12	control	control	VERB
dem-11745	34	13	by	by	ADP
dem-11745	34	14	third	third	ADJ
dem-11745	34	15	party	party	NOUN
dem-11745	34	16	agents	agent	NOUN
dem-11745	34	17	,	,	PUNCT
dem-11745	34	18	hence	hence	ADV
dem-11745	34	19	can	can	AUX
dem-11745	34	20	be	be	AUX
dem-11745	34	21	seen	see	VERB
dem-11745	34	22	as	as	ADP
dem-11745	34	23	a	a	DET
dem-11745	34	24	fully	fully	ADV
dem-11745	34	25	independent	independent	ADJ
dem-11745	34	26	means	mean	NOUN
dem-11745	34	27	of	of	ADP
dem-11745	34	28	payment	payment	NOUN
dem-11745	34	29	.	.	PUNCT
dem-11745	35	1	1	1	X
dem-11745	35	2	.	.	X
dem-11745	35	3	literature	literature	NOUN
dem-11745	35	4	overview	overview	VERB
dem-11745	35	5	current	current	ADJ
dem-11745	35	6	achievements	achievement	NOUN
dem-11745	35	7	of	of	ADP
dem-11745	35	8	scientists	scientist	NOUN
dem-11745	35	9	related	relate	VERB
dem-11745	35	10	to	to	ADP
dem-11745	35	11	bitcoin	bitcoin	VERB
dem-11745	35	12	,	,	PUNCT
dem-11745	35	13	can	can	AUX
dem-11745	35	14	be	be	AUX
dem-11745	35	15	divided	divide	VERB
dem-11745	35	16	into	into	ADP
dem-11745	35	17	four	four	NUM
dem-11745	35	18	main	main	ADJ
dem-11745	35	19	streams	stream	NOUN
dem-11745	35	20	of	of	ADP
dem-11745	35	21	interest	interest	NOUN
dem-11745	35	22	.	.	PUNCT
dem-11745	36	1	considerations	consideration	NOUN
dem-11745	36	2	of	of	ADP
dem-11745	36	3	a	a	DET
dem-11745	36	4	general	general	ADJ
dem-11745	36	5	and	and	CCONJ
dem-11745	36	6	theoretical	theoretical	ADJ
dem-11745	36	7	form	form	NOUN
dem-11745	36	8	for	for	ADP
dem-11745	36	9	example	example	NOUN
dem-11745	36	10	:	:	PUNCT
dem-11745	36	11	(	(	PUNCT
dem-11745	36	12	dwyer	dwyer	PROPN
dem-11745	36	13	,	,	PUNCT
dem-11745	36	14	2015	2015	NUM
dem-11745	36	15	)	)	PUNCT
dem-11745	36	16	,	,	PUNCT
dem-11745	36	17	(	(	PUNCT
dem-11745	36	18	dopierała	dopierała	NOUN
dem-11745	36	19	and	and	CCONJ
dem-11745	36	20	borodo	borodo	NOUN
dem-11745	36	21	,	,	PUNCT
dem-11745	36	22	2014	2014	NUM
dem-11745	36	23	)	)	PUNCT
dem-11745	36	24	,	,	PUNCT
dem-11745	36	25	(	(	PUNCT
dem-11745	36	26	liu	liu	PROPN
dem-11745	36	27	et.al	et.al	PROPN
dem-11745	36	28	.	.	PROPN
dem-11745	36	29	,	,	PUNCT
dem-11745	36	30	2015	2015	NUM
dem-11745	36	31	)	)	PUNCT
dem-11745	36	32	,	,	PUNCT
dem-11745	36	33	(	(	PUNCT
dem-11745	36	34	jagwani	jagwani	PROPN
dem-11745	36	35	,	,	PUNCT
dem-11745	36	36	2015	2015	NUM
dem-11745	36	37	)	)	PUNCT
dem-11745	36	38	,	,	PUNCT
dem-11745	36	39	(	(	PUNCT
dem-11745	36	40	rogojanu	rogojanu	NOUN
dem-11745	36	41	and	and	CCONJ
dem-11745	36	42	badea	badea	NOUN
dem-11745	36	43	,	,	PUNCT
dem-11745	36	44	2015	2015	NUM
dem-11745	36	45	)	)	PUNCT
dem-11745	36	46	,	,	PUNCT
dem-11745	36	47	etc	etc	X
dem-11745	36	48	.	.	X
dem-11745	37	1	this	this	DET
dem-11745	37	2	group	group	NOUN
dem-11745	37	3	include	include	VERB
dem-11745	37	4	1	1	NUM
dem-11745	37	5	for	for	ADP
dem-11745	37	6	more	more	ADJ
dem-11745	37	7	information	information	NOUN
dem-11745	37	8	about	about	ADP
dem-11745	37	9	bitcoin	bitcoin	NOUN
dem-11745	38	1	and	and	CCONJ
dem-11745	38	2	it	it	PRON
dem-11745	38	3	’s	’	VERB
dem-11745	38	4	technical	technical	ADJ
dem-11745	38	5	details	detail	NOUN
dem-11745	38	6	of	of	ADP
dem-11745	38	7	creation	creation	NOUN
dem-11745	38	8	,	,	PUNCT
dem-11745	38	9	mining	mining	NOUN
dem-11745	38	10	and	and	CCONJ
dem-11745	38	11	functioning	functioning	NOUN
dem-11745	38	12	,	,	PUNCT
dem-11745	38	13	please	please	INTJ
dem-11745	38	14	refer	refer	VERB
dem-11745	38	15	to	to	ADP
dem-11745	38	16	(	(	PUNCT
dem-11745	38	17	nakamoto	nakamoto	NOUN
dem-11745	38	18	,	,	PUNCT
dem-11745	38	19	2008	2008	NUM
dem-11745	38	20	)	)	PUNCT
dem-11745	38	21	,	,	PUNCT
dem-11745	38	22	(	(	PUNCT
dem-11745	38	23	nowakowski	nowakowski	ADJ
dem-11745	38	24	,	,	PUNCT
dem-11745	38	25	2013	2013	NUM
dem-11745	38	26	)	)	PUNCT
dem-11745	38	27	and	and	CCONJ
dem-11745	38	28	(	(	PUNCT
dem-11745	38	29	nielsen	nielsen	PROPN
dem-11745	38	30	,	,	PUNCT
dem-11745	38	31	2013	2013	NUM
dem-11745	38	32	)	)	PUNCT
dem-11745	38	33	.	.	PUNCT
dem-11745	39	1	dependency	dependency	NOUN
dem-11745	39	2	analysis	analysis	NOUN
dem-11745	39	3	between	between	ADP
dem-11745	39	4	bitcoin	bitcoin	NOUN
dem-11745	39	5	and	and	CCONJ
dem-11745	39	6	selected	select	VERB
dem-11745	39	7	global	global	ADJ
dem-11745	39	8	currencies	currency	NOUN
dem-11745	39	9	dynamic	dynamic	ADJ
dem-11745	39	10	econometric	econometric	ADJ
dem-11745	39	11	models	model	NOUN
dem-11745	39	12	16	16	NUM
dem-11745	39	13	(	(	PUNCT
dem-11745	39	14	2016	2016	NUM
dem-11745	39	15	)	)	PUNCT
dem-11745	39	16	133–144	133–144	NUM
dem-11745	39	17	135	135	NUM
dem-11745	39	18	a	a	DET
dem-11745	39	19	number	number	NOUN
dem-11745	39	20	of	of	ADP
dem-11745	39	21	studies	study	NOUN
dem-11745	39	22	on	on	ADP
dem-11745	39	23	the	the	DET
dem-11745	39	24	classification	classification	NOUN
dem-11745	39	25	of	of	ADP
dem-11745	39	26	bitcoin	bitcoin	NOUN
dem-11745	39	27	as	as	ADP
dem-11745	39	28	a	a	DET
dem-11745	39	29	commodity	commodity	NOUN
dem-11745	39	30	or	or	CCONJ
dem-11745	39	31	a	a	DET
dem-11745	39	32	currency	currency	NOUN
dem-11745	39	33	.	.	PUNCT
dem-11745	40	1	the	the	DET
dem-11745	40	2	scientists	scientist	NOUN
dem-11745	40	3	in	in	ADP
dem-11745	40	4	their	their	PRON
dem-11745	40	5	work	work	NOUN
dem-11745	40	6	roll	roll	VERB
dem-11745	40	7	extensive	extensive	ADJ
dem-11745	40	8	discussion	discussion	NOUN
dem-11745	40	9	regarding	regard	VERB
dem-11745	40	10	the	the	DET
dem-11745	40	11	intrinsic	intrinsic	ADJ
dem-11745	40	12	value	value	NOUN
dem-11745	40	13	of	of	ADP
dem-11745	40	14	bitcoin	bitcoin	NOUN
dem-11745	40	15	,	,	PUNCT
dem-11745	40	16	the	the	DET
dem-11745	40	17	future	future	NOUN
dem-11745	40	18	and	and	CCONJ
dem-11745	40	19	the	the	DET
dem-11745	40	20	potential	potential	NOUN
dem-11745	40	21	it	it	PRON
dem-11745	40	22	can	can	AUX
dem-11745	40	23	bring	bring	VERB
dem-11745	40	24	.	.	PUNCT
dem-11745	41	1	the	the	DET
dem-11745	41	2	committee	committee	NOUN
dem-11745	41	3	for	for	ADP
dem-11745	41	4	payments	payment	NOUN
dem-11745	41	5	and	and	CCONJ
dem-11745	41	6	market	market	NOUN
dem-11745	41	7	infrastructure	infrastructure	NOUN
dem-11745	41	8	(	(	PUNCT
dem-11745	41	9	cpmi	cpmi	NOUN
dem-11745	41	10	)	)	PUNCT
dem-11745	41	11	acting	act	VERB
dem-11745	41	12	at	at	ADP
dem-11745	41	13	the	the	DET
dem-11745	41	14	bank	bank	NOUN
dem-11745	41	15	for	for	ADP
dem-11745	41	16	international	international	ADJ
dem-11745	41	17	settlements	settlement	NOUN
dem-11745	41	18	in	in	ADP
dem-11745	41	19	its	its	PRON
dem-11745	41	20	publication	publication	NOUN
dem-11745	41	21	"	"	PUNCT
dem-11745	41	22	virtual	virtual	ADJ
dem-11745	41	23	currency	currency	NOUN
dem-11745	41	24	”	"	PUNCT
dem-11745	41	25	(	(	PUNCT
dem-11745	41	26	cpmi	cpmi	NOUN
dem-11745	41	27	,	,	PUNCT
dem-11745	41	28	2015	2015	NUM
dem-11745	41	29	)	)	PUNCT
dem-11745	41	30	,	,	PUNCT
dem-11745	41	31	has	have	AUX
dem-11745	41	32	stated	state	VERB
dem-11745	41	33	,	,	PUNCT
dem-11745	41	34	that	that	SCONJ
dem-11745	41	35	bitcoin	bitcoin	NOUN
dem-11745	41	36	is	be	AUX
dem-11745	41	37	similar	similar	ADJ
dem-11745	41	38	in	in	ADP
dem-11745	41	39	its	its	PRON
dem-11745	41	40	concept	concept	NOUN
dem-11745	41	41	to	to	ADP
dem-11745	41	42	goods	good	NOUN
dem-11745	41	43	,	,	PUNCT
dem-11745	41	44	such	such	ADJ
dem-11745	41	45	as	as	ADP
dem-11745	41	46	gold	gold	NOUN
dem-11745	41	47	,	,	PUNCT
dem-11745	41	48	whose	whose	DET
dem-11745	41	49	price	price	NOUN
dem-11745	41	50	is	be	AUX
dem-11745	41	51	created	create	VERB
dem-11745	41	52	by	by	ADP
dem-11745	41	53	the	the	DET
dem-11745	41	54	power	power	NOUN
dem-11745	41	55	of	of	ADP
dem-11745	41	56	supply	supply	NOUN
dem-11745	41	57	and	and	CCONJ
dem-11745	41	58	demand	demand	NOUN
dem-11745	41	59	,	,	PUNCT
dem-11745	41	60	with	with	ADP
dem-11745	41	61	an	an	DET
dem-11745	41	62	except	except	SCONJ
dem-11745	41	63	that	that	SCONJ
dem-11745	41	64	it	it	PRON
dem-11745	41	65	has	have	AUX
dem-11745	41	66	no	no	DET
dem-11745	41	67	intrinsic	intrinsic	ADJ
dem-11745	41	68	value	value	NOUN
dem-11745	41	69	.	.	PUNCT
dem-11745	42	1	(	(	PUNCT
dem-11745	42	2	haubno	haubno	NOUN
dem-11745	42	3	-	-	PUNCT
dem-11745	42	4	dyhrberg	dyhrberg	NOUN
dem-11745	42	5	,	,	PUNCT
dem-11745	42	6	2016	2016	NUM
dem-11745	42	7	)	)	PUNCT
dem-11745	42	8	raises	raise	VERB
dem-11745	42	9	other	other	ADJ
dem-11745	42	10	similarities	similarity	NOUN
dem-11745	42	11	between	between	ADP
dem-11745	42	12	bitcoin	bitcoin	NOUN
dem-11745	42	13	and	and	CCONJ
dem-11745	42	14	gold	gold	NOUN
dem-11745	42	15	,	,	PUNCT
dem-11745	42	16	e.g.	e.g.	ADV
dem-11745	42	17	limited	limit	VERB
dem-11745	42	18	amount	amount	NOUN
dem-11745	42	19	and	and	CCONJ
dem-11745	42	20	a	a	DET
dem-11745	42	21	similar	similar	ADJ
dem-11745	42	22	way	way	NOUN
dem-11745	42	23	of	of	ADP
dem-11745	42	24	its	its	PRON
dem-11745	42	25	extraction	extraction	NOUN
dem-11745	42	26	(	(	PUNCT
dem-11745	42	27	"	"	PUNCT
dem-11745	42	28	mining	mining	NOUN
dem-11745	42	29	"	"	PUNCT
dem-11745	42	30	)	)	PUNCT
dem-11745	42	31	.	.	PUNCT
dem-11745	43	1	other	other	ADJ
dem-11745	43	2	similarities	similarity	NOUN
dem-11745	43	3	lists	list	NOUN
dem-11745	43	4	(	(	PUNCT
dem-11745	43	5	weber	weber	PROPN
dem-11745	43	6	,	,	PUNCT
dem-11745	43	7	2016	2016	NUM
dem-11745	43	8	)	)	PUNCT
dem-11745	43	9	,	,	PUNCT
dem-11745	43	10	who	who	PRON
dem-11745	43	11	points	point	VERB
dem-11745	43	12	out	out	ADP
dem-11745	43	13	that	that	SCONJ
dem-11745	43	14	both	both	CCONJ
dem-11745	43	15	gold	gold	NOUN
dem-11745	43	16	and	and	CCONJ
dem-11745	43	17	bitcoin	bitcoin	NOUN
dem-11745	43	18	supply	supply	NOUN
dem-11745	43	19	is	be	AUX
dem-11745	43	20	not	not	PART
dem-11745	43	21	controlled	control	VERB
dem-11745	43	22	by	by	ADP
dem-11745	43	23	any	any	DET
dem-11745	43	24	state	state	NOUN
dem-11745	43	25	or	or	CCONJ
dem-11745	43	26	institution	institution	NOUN
dem-11745	43	27	,	,	PUNCT
dem-11745	43	28	and	and	CCONJ
dem-11745	43	29	both	both	DET
dem-11745	43	30	products	product	NOUN
dem-11745	43	31	have	have	VERB
dem-11745	43	32	the	the	DET
dem-11745	43	33	same	same	ADJ
dem-11745	43	34	means	mean	NOUN
dem-11745	43	35	of	of	ADP
dem-11745	43	36	exchange	exchange	NOUN
dem-11745	43	37	.	.	PUNCT
dem-11745	44	1	the	the	DET
dem-11745	44	2	second	second	ADJ
dem-11745	44	3	group	group	NOUN
dem-11745	44	4	of	of	ADP
dem-11745	44	5	papers	paper	NOUN
dem-11745	44	6	,	,	PUNCT
dem-11745	44	7	for	for	ADP
dem-11745	44	8	example	example	NOUN
dem-11745	44	9	:	:	PUNCT
dem-11745	44	10	(	(	PUNCT
dem-11745	44	11	badev	badev	NOUN
dem-11745	44	12	and	and	CCONJ
dem-11745	44	13	chen	chen	PROPN
dem-11745	44	14	,	,	PUNCT
dem-11745	44	15	2014	2014	NUM
dem-11745	44	16	)	)	PUNCT
dem-11745	44	17	,	,	PUNCT
dem-11745	44	18	(	(	PUNCT
dem-11745	44	19	taha	taha	NOUN
dem-11745	44	20	,	,	PUNCT
dem-11745	44	21	2015	2015	NUM
dem-11745	44	22	)	)	PUNCT
dem-11745	44	23	,	,	PUNCT
dem-11745	44	24	(	(	PUNCT
dem-11745	44	25	luther	luther	PROPN
dem-11745	44	26	and	and	CCONJ
dem-11745	44	27	olson	olson	NOUN
dem-11745	44	28	,	,	PUNCT
dem-11745	44	29	2015	2015	NUM
dem-11745	44	30	)	)	PUNCT
dem-11745	44	31	,	,	PUNCT
dem-11745	44	32	(	(	PUNCT
dem-11745	44	33	campbell	campbell	PROPN
dem-11745	44	34	,	,	PUNCT
dem-11745	44	35	2014	2014	NUM
dem-11745	44	36	)	)	PUNCT
dem-11745	44	37	(	(	PUNCT
dem-11745	44	38	tasca	tasca	NOUN
dem-11745	44	39	and	and	CCONJ
dem-11745	44	40	de	de	X
dem-11745	44	41	roure	roure	NOUN
dem-11745	44	42	,	,	PUNCT
dem-11745	44	43	2014	2014	NUM
dem-11745	44	44	)	)	PUNCT
dem-11745	44	45	,	,	PUNCT
dem-11745	44	46	(	(	PUNCT
dem-11745	44	47	karama	karama	PROPN
dem-11745	44	48	et.al	et.al	PROPN
dem-11745	44	49	.	.	PROPN
dem-11745	44	50	,	,	PUNCT
dem-11745	44	51	2015	2015	NUM
dem-11745	44	52	)	)	PUNCT
dem-11745	44	53	and	and	CCONJ
dem-11745	44	54	others	other	NOUN
dem-11745	44	55	,	,	PUNCT
dem-11745	44	56	is	be	AUX
dem-11745	44	57	focusing	focus	VERB
dem-11745	44	58	mainly	mainly	ADV
dem-11745	44	59	on	on	ADP
dem-11745	44	60	issues	issue	NOUN
dem-11745	44	61	relating	relate	VERB
dem-11745	44	62	to	to	ADP
dem-11745	44	63	acquisition	acquisition	NOUN
dem-11745	44	64	(	(	PUNCT
dem-11745	44	65	mining	mining	NOUN
dem-11745	44	66	)	)	PUNCT
dem-11745	44	67	,	,	PUNCT
dem-11745	44	68	trade	trade	NOUN
dem-11745	44	69	and	and	CCONJ
dem-11745	44	70	broadly	broadly	ADV
dem-11745	44	71	understood	understand	VERB
dem-11745	44	72	security	security	NOUN
dem-11745	44	73	.	.	PUNCT
dem-11745	45	1	articles	article	NOUN
dem-11745	45	2	concerning	concern	VERB
dem-11745	45	3	regulatory	regulatory	ADJ
dem-11745	45	4	and	and	CCONJ
dem-11745	45	5	tax	tax	NOUN
dem-11745	45	6	issues	issue	NOUN
dem-11745	45	7	are	be	AUX
dem-11745	45	8	covered	cover	VERB
dem-11745	45	9	by	by	ADP
dem-11745	45	10	the	the	DET
dem-11745	45	11	third	third	ADJ
dem-11745	45	12	group	group	NOUN
dem-11745	45	13	,	,	PUNCT
dem-11745	45	14	for	for	ADP
dem-11745	45	15	example	example	NOUN
dem-11745	45	16	.	.	PUNCT
dem-11745	46	1	(	(	PUNCT
dem-11745	46	2	mandjee	mandjee	NOUN
dem-11745	46	3	,	,	PUNCT
dem-11745	46	4	2014	2014	NUM
dem-11745	46	5	)	)	PUNCT
dem-11745	46	6	,	,	PUNCT
dem-11745	46	7	(	(	PUNCT
dem-11745	46	8	bryans	bryan	NOUN
dem-11745	46	9	,	,	PUNCT
dem-11745	46	10	2014	2014	NUM
dem-11745	46	11	)	)	PUNCT
dem-11745	46	12	,	,	PUNCT
dem-11745	46	13	(	(	PUNCT
dem-11745	46	14	plassaras	plassaras	PROPN
dem-11745	46	15	,	,	PUNCT
dem-11745	46	16	2013	2013	NUM
dem-11745	46	17	)	)	PUNCT
dem-11745	46	18	,	,	PUNCT
dem-11745	46	19	etc	etc	X
dem-11745	46	20	.	.	X
dem-11745	47	1	this	this	DET
dem-11745	47	2	group	group	NOUN
dem-11745	47	3	also	also	ADV
dem-11745	47	4	include	include	VERB
dem-11745	47	5	the	the	DET
dem-11745	47	6	various	various	ADJ
dem-11745	47	7	types	type	NOUN
dem-11745	47	8	of	of	ADP
dem-11745	47	9	reports	report	NOUN
dem-11745	47	10	and	and	CCONJ
dem-11745	47	11	publications	publication	NOUN
dem-11745	47	12	of	of	ADP
dem-11745	47	13	banks	bank	NOUN
dem-11745	47	14	,	,	PUNCT
dem-11745	47	15	financial	financial	ADJ
dem-11745	47	16	institutions	institution	NOUN
dem-11745	47	17	and	and	CCONJ
dem-11745	47	18	governments	government	NOUN
dem-11745	47	19	on	on	ADP
dem-11745	47	20	bitcoin	bitcoin	ADJ
dem-11745	47	21	,	,	PUNCT
dem-11745	47	22	i.e.	i.e.	X
dem-11745	47	23	european	european	ADJ
dem-11745	47	24	central	central	PROPN
dem-11745	47	25	bank	bank	PROPN
dem-11745	47	26	(	(	PUNCT
dem-11745	47	27	ecb	ecb	NOUN
dem-11745	47	28	,	,	PUNCT
dem-11745	47	29	2012	2012	NUM
dem-11745	47	30	)	)	PUNCT
dem-11745	47	31	,	,	PUNCT
dem-11745	47	32	(	(	PUNCT
dem-11745	47	33	ecb	ecb	NOUN
dem-11745	47	34	,	,	PUNCT
dem-11745	47	35	2015	2015	NUM
dem-11745	47	36	)	)	PUNCT
dem-11745	47	37	,	,	PUNCT
dem-11745	47	38	(	(	PUNCT
dem-11745	47	39	draghi	draghi	X
dem-11745	47	40	,	,	PUNCT
dem-11745	47	41	2015	2015	NUM
dem-11745	47	42	)	)	PUNCT
dem-11745	47	43	;	;	PUNCT
dem-11745	47	44	congressional	congressional	ADJ
dem-11745	47	45	research	research	NOUN
dem-11745	47	46	service	service	NOUN
dem-11745	47	47	acting	act	VERB
dem-11745	47	48	on	on	ADP
dem-11745	47	49	the	the	DET
dem-11745	47	50	needs	need	NOUN
dem-11745	47	51	of	of	ADP
dem-11745	47	52	the	the	DET
dem-11745	47	53	us	us	PROPN
dem-11745	47	54	congress	congress	PROPN
dem-11745	47	55	(	(	PUNCT
dem-11745	47	56	murphy	murphy	PROPN
dem-11745	47	57	et.al	et.al	PROPN
dem-11745	47	58	.	.	PUNCT
dem-11745	47	59	2015	2015	NUM
dem-11745	47	60	)	)	PUNCT
dem-11745	47	61	,	,	PUNCT
dem-11745	47	62	(	(	PUNCT
dem-11745	47	63	congress	congress	PROPN
dem-11745	47	64	,	,	PUNCT
dem-11745	47	65	2014	2014	NUM
dem-11745	47	66	)	)	PUNCT
dem-11745	47	67	;	;	PUNCT
dem-11745	47	68	canadian	canadian	ADJ
dem-11745	47	69	central	central	PROPN
dem-11745	47	70	bank	bank	PROPN
dem-11745	47	71	(	(	PUNCT
dem-11745	47	72	gans	gan	NOUN
dem-11745	47	73	and	and	CCONJ
dem-11745	47	74	halaburda	halaburda	NOUN
dem-11745	47	75	,	,	PUNCT
dem-11745	47	76	2013	2013	NUM
dem-11745	47	77	)	)	PUNCT
dem-11745	47	78	,	,	PUNCT
dem-11745	47	79	(	(	PUNCT
dem-11745	47	80	boc	boc	NOUN
dem-11745	47	81	,	,	PUNCT
dem-11745	47	82	2014	2014	NUM
dem-11745	47	83	)	)	PUNCT
dem-11745	47	84	,	,	PUNCT
dem-11745	47	85	(	(	PUNCT
dem-11745	47	86	chiu	chiu	PROPN
dem-11745	47	87	and	and	CCONJ
dem-11745	47	88	wong	wong	PROPN
dem-11745	47	89	,	,	PUNCT
dem-11745	47	90	2015	2015	NUM
dem-11745	47	91	)	)	PUNCT
dem-11745	47	92	,	,	PUNCT
dem-11745	47	93	and	and	CCONJ
dem-11745	47	94	others	other	NOUN
dem-11745	47	95	.	.	PUNCT
dem-11745	48	1	the	the	DET
dem-11745	48	2	last	last	ADJ
dem-11745	48	3	group	group	NOUN
dem-11745	48	4	focuses	focus	VERB
dem-11745	48	5	on	on	ADP
dem-11745	48	6	the	the	DET
dem-11745	48	7	application	application	NOUN
dem-11745	48	8	of	of	ADP
dem-11745	48	9	quantitative	quantitative	ADJ
dem-11745	48	10	methods	method	NOUN
dem-11745	48	11	in	in	ADP
dem-11745	48	12	the	the	DET
dem-11745	48	13	study	study	NOUN
dem-11745	48	14	of	of	ADP
dem-11745	48	15	bitcoin	bitcoin	NOUN
dem-11745	48	16	,	,	PUNCT
dem-11745	48	17	for	for	ADP
dem-11745	48	18	example	example	NOUN
dem-11745	48	19	:	:	PUNCT
dem-11745	48	20	(	(	PUNCT
dem-11745	48	21	brandvold	brandvold	PROPN
dem-11745	48	22	et.al	et.al	PROPN
dem-11745	48	23	.	.	PROPN
dem-11745	48	24	,	,	PUNCT
dem-11745	48	25	2015	2015	NUM
dem-11745	48	26	)	)	PUNCT
dem-11745	48	27	using	use	VERB
dem-11745	48	28	the	the	DET
dem-11745	48	29	price	price	NOUN
dem-11745	48	30	discovering	discover	VERB
dem-11745	48	31	process	process	NOUN
dem-11745	48	32	studied	study	VERB
dem-11745	48	33	which	which	PRON
dem-11745	48	34	of	of	ADP
dem-11745	48	35	the	the	DET
dem-11745	48	36	bitcoin	bitcoin	NOUN
dem-11745	48	37	’s	’s	PART
dem-11745	48	38	trading	trading	NOUN
dem-11745	48	39	platforms	platform	NOUN
dem-11745	48	40	has	have	VERB
dem-11745	48	41	the	the	DET
dem-11745	48	42	most	most	ADJ
dem-11745	48	43	impact	impact	NOUN
dem-11745	48	44	on	on	ADP
dem-11745	48	45	the	the	DET
dem-11745	48	46	bitcoin	bitcoin	NOUN
dem-11745	48	47	’s	’s	PART
dem-11745	48	48	price	price	NOUN
dem-11745	48	49	and	and	CCONJ
dem-11745	48	50	which	which	DET
dem-11745	48	51	one	one	PRON
dem-11745	48	52	is	be	AUX
dem-11745	48	53	following	follow	VERB
dem-11745	48	54	the	the	DET
dem-11745	48	55	general	general	ADJ
dem-11745	48	56	trend	trend	NOUN
dem-11745	48	57	.	.	PUNCT
dem-11745	49	1	the	the	DET
dem-11745	49	2	authors	author	NOUN
dem-11745	49	3	found	find	VERB
dem-11745	49	4	that	that	SCONJ
dem-11745	49	5	mtgox	mtgox	PROPN
dem-11745	49	6	and	and	CCONJ
dem-11745	49	7	btce	btce	PROPN
dem-11745	49	8	are	be	AUX
dem-11745	49	9	undisputed	undisputed	ADJ
dem-11745	49	10	animators	animator	NOUN
dem-11745	49	11	of	of	ADP
dem-11745	49	12	the	the	DET
dem-11745	49	13	bitcoin	bitcoin	NOUN
dem-11745	49	14	’s	’s	PART
dem-11745	49	15	prices	price	NOUN
dem-11745	49	16	.	.	PUNCT
dem-11745	50	1	(	(	PUNCT
dem-11745	50	2	haubno	haubno	NOUN
dem-11745	50	3	-	-	PUNCT
dem-11745	50	4	dyhrberg	dyhrberg	NOUN
dem-11745	50	5	,	,	PUNCT
dem-11745	50	6	2016a	2016a	NUM
dem-11745	50	7	)	)	PUNCT
dem-11745	50	8	and	and	CCONJ
dem-11745	50	9	(	(	PUNCT
dem-11745	50	10	haubno	haubno	NOUN
dem-11745	50	11	-	-	PUNCT
dem-11745	50	12	dyhrberg	dyhrberg	NOUN
dem-11745	50	13	,	,	PUNCT
dem-11745	50	14	2016b	2016b	NUM
dem-11745	50	15	)	)	PUNCT
dem-11745	50	16	have	have	AUX
dem-11745	50	17	used	use	VERB
dem-11745	50	18	garch	garch	NOUN
dem-11745	50	19	to	to	PART
dem-11745	50	20	prove	prove	VERB
dem-11745	50	21	that	that	SCONJ
dem-11745	50	22	bitcoin	bitcoin	NOUN
dem-11745	50	23	bears	bear	NOUN
dem-11745	50	24	similarities	similarity	NOUN
dem-11745	50	25	to	to	ADP
dem-11745	50	26	both	both	CCONJ
dem-11745	50	27	the	the	DET
dem-11745	50	28	us	us	PROPN
dem-11745	50	29	dollar	dollar	NOUN
dem-11745	50	30	and	and	CCONJ
dem-11745	50	31	gold	gold	NOUN
dem-11745	50	32	,	,	PUNCT
dem-11745	50	33	and	and	CCONJ
dem-11745	50	34	that	that	SCONJ
dem-11745	50	35	it	it	PRON
dem-11745	50	36	can	can	AUX
dem-11745	50	37	serve	serve	VERB
dem-11745	50	38	as	as	ADP
dem-11745	50	39	an	an	DET
dem-11745	50	40	instrument	instrument	NOUN
dem-11745	50	41	to	to	PART
dem-11745	50	42	minimize	minimize	VERB
dem-11745	50	43	the	the	DET
dem-11745	50	44	risk	risk	NOUN
dem-11745	50	45	by	by	ADP
dem-11745	50	46	people	people	NOUN
dem-11745	50	47	characterized	characterize	VERB
dem-11745	50	48	by	by	ADP
dem-11745	50	49	a	a	DET
dem-11745	50	50	strong	strong	ADJ
dem-11745	50	51	risk	risk	NOUN
dem-11745	50	52	aversion	aversion	NOUN
dem-11745	50	53	.	.	PUNCT
dem-11745	51	1	(	(	PUNCT
dem-11745	51	2	cheah	cheah	NOUN
dem-11745	51	3	and	and	CCONJ
dem-11745	51	4	fry	fry	NOUN
dem-11745	51	5	,	,	PUNCT
dem-11745	51	6	2015	2015	NUM
dem-11745	51	7	)	)	PUNCT
dem-11745	51	8	showed	show	VERB
dem-11745	51	9	that	that	SCONJ
dem-11745	51	10	bitcoin	bitcoin	NOUN
dem-11745	51	11	like	like	ADP
dem-11745	51	12	other	other	ADJ
dem-11745	51	13	cryptocurrency	cryptocurrency	NOUN
dem-11745	51	14	tend	tend	VERB
dem-11745	51	15	to	to	PART
dem-11745	51	16	generate	generate	VERB
dem-11745	51	17	bubbles	bubble	NOUN
dem-11745	51	18	,	,	PUNCT
dem-11745	51	19	and	and	CCONJ
dem-11745	51	20	they	they	PRON
dem-11745	51	21	do	do	AUX
dem-11745	51	22	not	not	PART
dem-11745	51	23	have	have	VERB
dem-11745	51	24	fundamental	fundamental	ADJ
dem-11745	51	25	value	value	NOUN
dem-11745	51	26	.	.	PUNCT
dem-11745	52	1	(	(	PUNCT
dem-11745	52	2	gronwald	gronwald	NOUN
dem-11745	52	3	,	,	PUNCT
dem-11745	52	4	2015	2015	NUM
dem-11745	52	5	)	)	PUNCT
dem-11745	52	6	using	use	VERB
dem-11745	52	7	a	a	DET
dem-11745	52	8	generalized	generalized	ADJ
dem-11745	52	9	model	model	NOUN
dem-11745	52	10	of	of	ADP
dem-11745	52	11	autoregressive	autoregressive	ADJ
dem-11745	52	12	conditional	conditional	ADJ
dem-11745	52	13	heteroscedasticity	heteroscedasticity	NOUN
dem-11745	52	14	said	say	VERB
dem-11745	52	15	that	that	SCONJ
dem-11745	52	16	the	the	DET
dem-11745	52	17	fluctuations	fluctuation	NOUN
dem-11745	52	18	in	in	ADP
dem-11745	52	19	bitcoin	bitcoin	NOUN
dem-11745	52	20	are	be	AUX
dem-11745	52	21	characterized	characterize	VERB
dem-11745	52	22	by	by	ADP
dem-11745	52	23	sudden	sudden	ADJ
dem-11745	52	24	surges	surge	NOUN
dem-11745	52	25	and	and	CCONJ
dem-11745	52	26	extremes	extreme	NOUN
dem-11745	52	27	pricing	pricing	NOUN
dem-11745	52	28	,	,	PUNCT
dem-11745	52	29	which	which	PRON
dem-11745	52	30	is	be	AUX
dem-11745	52	31	characteristic	characteristic	ADJ
dem-11745	52	32	for	for	ADP
dem-11745	52	33	immature	immature	ADJ
dem-11745	52	34	markets	market	NOUN
dem-11745	52	35	.	.	PUNCT
dem-11745	53	1	(	(	PUNCT
dem-11745	53	2	szetela	szetela	PROPN
dem-11745	53	3	,	,	PUNCT
dem-11745	53	4	2016	2016	NUM
dem-11745	53	5	)	)	PUNCT
dem-11745	53	6	has	have	AUX
dem-11745	53	7	investigated	investigate	VERB
dem-11745	53	8	bitcoin	bitcoin	ADJ
dem-11745	53	9	and	and	CCONJ
dem-11745	53	10	dollar	dollar	NOUN
dem-11745	53	11	price	price	NOUN
dem-11745	53	12	variability	variability	NOUN
dem-11745	53	13	using	use	VERB
dem-11745	53	14	control	control	NOUN
dem-11745	53	15	charts	chart	NOUN
dem-11745	53	16	.	.	PUNCT
dem-11745	54	1	she	she	PRON
dem-11745	54	2	has	have	AUX
dem-11745	54	3	confirmed	confirm	VERB
dem-11745	54	4	that	that	SCONJ
dem-11745	54	5	price	price	NOUN
dem-11745	54	6	variability	variability	NOUN
dem-11745	54	7	is	be	AUX
dem-11745	54	8	strongly	strongly	ADV
dem-11745	54	9	influenced	influence	VERB
dem-11745	54	10	by	by	ADP
dem-11745	54	11	price	price	NOUN
dem-11745	54	12	jumps	jump	NOUN
dem-11745	54	13	on	on	ADP
dem-11745	54	14	the	the	DET
dem-11745	54	15	one	one	NUM
dem-11745	54	16	hand	hand	NOUN
dem-11745	54	17	,	,	PUNCT
dem-11745	54	18	but	but	CCONJ
dem-11745	54	19	on	on	ADP
dem-11745	54	20	the	the	DET
dem-11745	54	21	other	other	ADJ
dem-11745	54	22	hand	hand	NOUN
dem-11745	54	23	bitcoin	bitcoin	PROPN
dem-11745	54	24	’s	’s	PART
dem-11745	54	25	beata	beata	PROPN
dem-11745	54	26	szetela	szetela	PROPN
dem-11745	54	27	,	,	PUNCT
dem-11745	54	28	grzegorz	grzegorz	NOUN
dem-11745	54	29	mentel	mentel	NOUN
dem-11745	54	30	,	,	PUNCT
dem-11745	54	31	stanisław	stanisław	VERB
dem-11745	54	32	gędek	gędek	PROPN
dem-11745	54	33	dynamic	dynamic	ADJ
dem-11745	54	34	econometric	econometric	ADJ
dem-11745	54	35	models	model	NOUN
dem-11745	54	36	16	16	NUM
dem-11745	54	37	(	(	PUNCT
dem-11745	54	38	2016	2016	NUM
dem-11745	54	39	)	)	PUNCT
dem-11745	54	40	133–144	133–144	NUM
dem-11745	54	41	136	136	NUM
dem-11745	54	42	price	price	NOUN
dem-11745	54	43	variability	variability	NOUN
dem-11745	54	44	is	be	AUX
dem-11745	54	45	tending	tend	VERB
dem-11745	54	46	to	to	PART
dem-11745	54	47	decrease	decrease	VERB
dem-11745	54	48	.	.	PUNCT
dem-11745	55	1	(	(	PUNCT
dem-11745	55	2	macdonell	macdonell	INTJ
dem-11745	55	3	,	,	PUNCT
dem-11745	55	4	2014	2014	NUM
dem-11745	55	5	)	)	PUNCT
dem-11745	55	6	using	use	VERB
dem-11745	55	7	arma	arma	NOUN
dem-11745	55	8	model	model	NOUN
dem-11745	55	9	and	and	CCONJ
dem-11745	55	10	lppl	lppl	NOUN
dem-11745	55	11	showed	show	VERB
dem-11745	55	12	that	that	SCONJ
dem-11745	55	13	the	the	DET
dem-11745	55	14	price	price	NOUN
dem-11745	55	15	of	of	ADP
dem-11745	55	16	bitcoin	bitcoin	NOUN
dem-11745	55	17	depends	depend	VERB
dem-11745	55	18	on	on	ADP
dem-11745	55	19	the	the	DET
dem-11745	55	20	cboe	cboe	PROPN
dem-11745	55	21	volatility	volatility	NOUN
dem-11745	55	22	index	index	NOUN
dem-11745	55	23	,	,	PUNCT
dem-11745	55	24	which	which	PRON
dem-11745	55	25	indicates	indicate	VERB
dem-11745	55	26	the	the	DET
dem-11745	55	27	great	great	ADJ
dem-11745	55	28	potential	potential	NOUN
dem-11745	55	29	of	of	ADP
dem-11745	55	30	this	this	DET
dem-11745	55	31	speculative	speculative	ADJ
dem-11745	55	32	currency	currency	NOUN
dem-11745	55	33	.	.	PUNCT
dem-11745	56	1	(	(	PUNCT
dem-11745	56	2	vockathaler	vockathaler	ADJ
dem-11745	56	3	,	,	PUNCT
dem-11745	56	4	2015	2015	NUM
dem-11745	56	5	)	)	PUNCT
dem-11745	56	6	confirmed	confirm	VERB
dem-11745	56	7	that	that	SCONJ
dem-11745	56	8	fluctuations	fluctuation	NOUN
dem-11745	56	9	in	in	ADP
dem-11745	56	10	the	the	DET
dem-11745	56	11	price	price	NOUN
dem-11745	56	12	of	of	ADP
dem-11745	56	13	bitcoin	bitcoin	NOUN
dem-11745	56	14	are	be	AUX
dem-11745	56	15	positively	positively	ADV
dem-11745	56	16	correlated	correlate	VERB
dem-11745	56	17	with	with	ADP
dem-11745	56	18	the	the	DET
dem-11745	56	19	amount	amount	NOUN
dem-11745	56	20	of	of	ADP
dem-11745	56	21	users	user	NOUN
dem-11745	56	22	btc	btc	VERB
dem-11745	56	23	and	and	CCONJ
dem-11745	56	24	determined	determine	VERB
dem-11745	56	25	by	by	ADP
dem-11745	56	26	the	the	DET
dem-11745	56	27	endogenous	endogenous	ADJ
dem-11745	56	28	shocks	shock	NOUN
dem-11745	56	29	of	of	ADP
dem-11745	56	30	unknown	unknown	ADJ
dem-11745	56	31	source	source	NOUN
dem-11745	56	32	,	,	PUNCT
dem-11745	56	33	origin	origin	NOUN
dem-11745	56	34	and	and	CCONJ
dem-11745	56	35	are	be	AUX
dem-11745	56	36	not	not	PART
dem-11745	56	37	generated	generate	VERB
dem-11745	56	38	by	by	ADP
dem-11745	56	39	the	the	DET
dem-11745	56	40	impact	impact	NOUN
dem-11745	56	41	of	of	ADP
dem-11745	56	42	specific	specific	ADJ
dem-11745	56	43	variables	variable	NOUN
dem-11745	56	44	,	,	PUNCT
dem-11745	56	45	such	such	ADJ
dem-11745	56	46	as	as	ADP
dem-11745	56	47	indexes	index	NOUN
dem-11745	56	48	s&p	s&p	PROPN
dem-11745	56	49	500	500	NUM
dem-11745	56	50	,	,	PUNCT
dem-11745	56	51	gold	gold	NOUN
dem-11745	56	52	rate	rate	NOUN
dem-11745	56	53	against	against	ADP
dem-11745	56	54	the	the	DET
dem-11745	56	55	us	us	PROPN
dem-11745	56	56	dollar	dollar	NOUN
dem-11745	56	57	(	(	PUNCT
dem-11745	56	58	xau	xau	X
dem-11745	56	59	)	)	PUNCT
dem-11745	56	60	and	and	CCONJ
dem-11745	56	61	the	the	DET
dem-11745	56	62	shanghai	shanghai	PROPN
dem-11745	56	63	stock	stock	PROPN
dem-11745	56	64	exchange	exchange	PROPN
dem-11745	56	65	index	index	NOUN
dem-11745	56	66	(	(	PUNCT
dem-11745	56	67	sse	sse	NOUN
dem-11745	56	68	)	)	PUNCT
dem-11745	56	69	.	.	PUNCT
dem-11745	57	1	according	accord	VERB
dem-11745	57	2	to	to	ADP
dem-11745	57	3	(	(	PUNCT
dem-11745	57	4	chu	chu	PROPN
dem-11745	57	5	et.al	et.al	PROPN
dem-11745	57	6	.	.	PROPN
dem-11745	57	7	,	,	PUNCT
dem-11745	57	8	2015	2015	NUM
dem-11745	57	9	)	)	PUNCT
dem-11745	57	10	bitcoin	bitcoin	PROPN
dem-11745	57	11	’s	’s	PART
dem-11745	57	12	price	price	NOUN
dem-11745	57	13	fluctuations	fluctuation	NOUN
dem-11745	57	14	are	be	AUX
dem-11745	57	15	best	well	ADV
dem-11745	57	16	characterized	characterize	VERB
dem-11745	57	17	by	by	ADP
dem-11745	57	18	generalized	generalized	ADJ
dem-11745	57	19	hyperbolic	hyperbolic	ADJ
dem-11745	57	20	distribution	distribution	NOUN
dem-11745	57	21	.	.	PUNCT
dem-11745	58	1	(	(	PUNCT
dem-11745	58	2	bouoiyour	bouoiyour	NOUN
dem-11745	58	3	and	and	CCONJ
dem-11745	58	4	selmi	selmi	ADJ
dem-11745	58	5	,	,	PUNCT
dem-11745	58	6	2015	2015	NUM
dem-11745	58	7	)	)	PUNCT
dem-11745	58	8	is	be	AUX
dem-11745	58	9	their	their	PRON
dem-11745	58	10	current	current	ADJ
dem-11745	58	11	research	research	NOUN
dem-11745	58	12	investigated	investigate	VERB
dem-11745	58	13	the	the	DET
dem-11745	58	14	variability	variability	NOUN
dem-11745	58	15	of	of	ADP
dem-11745	58	16	bitcoin	bitcoin	NOUN
dem-11745	58	17	against	against	ADP
dem-11745	58	18	the	the	DET
dem-11745	58	19	dollar	dollar	NOUN
dem-11745	58	20	in	in	ADP
dem-11745	58	21	the	the	DET
dem-11745	58	22	period	period	NOUN
dem-11745	58	23	before	before	ADV
dem-11745	58	24	and	and	CCONJ
dem-11745	58	25	after	after	ADP
dem-11745	58	26	the	the	DET
dem-11745	58	27	year	year	NOUN
dem-11745	58	28	2015	2015	NUM
dem-11745	58	29	.	.	PUNCT
dem-11745	59	1	they	they	PRON
dem-11745	59	2	have	have	AUX
dem-11745	59	3	found	find	VERB
dem-11745	59	4	that	that	SCONJ
dem-11745	59	5	despite	despite	SCONJ
dem-11745	59	6	the	the	DET
dem-11745	59	7	fact	fact	NOUN
dem-11745	59	8	that	that	SCONJ
dem-11745	59	9	the	the	DET
dem-11745	59	10	volatility	volatility	NOUN
dem-11745	59	11	of	of	ADP
dem-11745	59	12	bitcoin	bitcoin	NOUN
dem-11745	59	13	in	in	ADP
dem-11745	59	14	2015	2015	NUM
dem-11745	59	15	significantly	significantly	ADV
dem-11745	59	16	decreased	decrease	VERB
dem-11745	59	17	compared	compare	VERB
dem-11745	59	18	with	with	ADP
dem-11745	59	19	the	the	DET
dem-11745	59	20	preceding	precede	VERB
dem-11745	59	21	period	period	NOUN
dem-11745	59	22	,	,	PUNCT
dem-11745	59	23	still	still	ADV
dem-11745	59	24	it	it	PRON
dem-11745	59	25	can	can	AUX
dem-11745	59	26	not	not	PART
dem-11745	59	27	be	be	AUX
dem-11745	59	28	said	say	VERB
dem-11745	59	29	that	that	SCONJ
dem-11745	59	30	the	the	DET
dem-11745	59	31	bitcoin	bitcoin	NOUN
dem-11745	59	32	can	can	AUX
dem-11745	59	33	be	be	AUX
dem-11745	59	34	regarded	regard	VERB
dem-11745	59	35	as	as	ADP
dem-11745	59	36	mature	mature	ADJ
dem-11745	59	37	currency	currency	NOUN
dem-11745	59	38	.	.	PUNCT
dem-11745	60	1	3	3	X
dem-11745	60	2	.	.	X
dem-11745	60	3	methodology	methodology	NOUN
dem-11745	60	4	to	to	PART
dem-11745	60	5	analyze	analyze	VERB
dem-11745	60	6	the	the	DET
dem-11745	60	7	relationship	relationship	NOUN
dem-11745	60	8	between	between	ADP
dem-11745	60	9	given	give	VERB
dem-11745	60	10	time	time	NOUN
dem-11745	60	11	series	series	NOUN
dem-11745	60	12	,	,	PUNCT
dem-11745	60	13	we	we	PRON
dem-11745	60	14	have	have	AUX
dem-11745	60	15	used	use	VERB
dem-11745	60	16	vectorautoregressive	vectorautoregressive	ADJ
dem-11745	60	17	models	model	NOUN
dem-11745	60	18	formulated	formulate	VERB
dem-11745	60	19	by	by	ADP
dem-11745	60	20	sims	sim	NOUN
dem-11745	60	21	in	in	ADP
dem-11745	60	22	1980.the	1980.the	DET
dem-11745	60	23	analysis	analysis	NOUN
dem-11745	60	24	of	of	ADP
dem-11745	60	25	the	the	DET
dem-11745	60	26	relationship	relationship	NOUN
dem-11745	60	27	between	between	ADP
dem-11745	60	28	time	time	NOUN
dem-11745	60	29	series	series	NOUN
dem-11745	60	30	is	be	AUX
dem-11745	60	31	complex	complex	ADJ
dem-11745	60	32	and	and	CCONJ
dem-11745	60	33	complicated	complicated	ADJ
dem-11745	60	34	.	.	PUNCT
dem-11745	61	1	often	often	ADV
dem-11745	61	2	,	,	PUNCT
dem-11745	61	3	the	the	DET
dem-11745	61	4	dependent	dependent	ADJ
dem-11745	61	5	variables	variable	NOUN
dem-11745	61	6	are	be	AUX
dem-11745	61	7	modeled	model	VERB
dem-11745	61	8	not	not	PART
dem-11745	61	9	only	only	ADV
dem-11745	61	10	by	by	ADP
dem-11745	61	11	a	a	DET
dem-11745	61	12	set	set	NOUN
dem-11745	61	13	of	of	ADP
dem-11745	61	14	explanatory	explanatory	ADJ
dem-11745	61	15	variables	variable	NOUN
dem-11745	61	16	,	,	PUNCT
dem-11745	61	17	but	but	CCONJ
dem-11745	61	18	may	may	AUX
dem-11745	61	19	also	also	ADV
dem-11745	61	20	depend	depend	VERB
dem-11745	61	21	on	on	ADP
dem-11745	61	22	their	their	PRON
dem-11745	61	23	own	own	ADJ
dem-11745	61	24	historical	historical	ADJ
dem-11745	61	25	observations	observation	NOUN
dem-11745	61	26	and/or	and/or	CCONJ
dem-11745	61	27	historical	historical	ADJ
dem-11745	61	28	values	value	NOUN
dem-11745	61	29	of	of	ADP
dem-11745	61	30	the	the	DET
dem-11745	61	31	independent	independent	ADJ
dem-11745	61	32	variables	variable	NOUN
dem-11745	61	33	.	.	PUNCT
dem-11745	62	1	vector	vector	ADJ
dem-11745	62	2	-	-	ADJ
dem-11745	62	3	autoregressive	autoregressive	ADJ
dem-11745	62	4	models	model	NOUN
dem-11745	62	5	(	(	PUNCT
dem-11745	62	6	var	var	NOUN
dem-11745	62	7	)	)	PUNCT
dem-11745	62	8	allow	allow	VERB
dem-11745	62	9	for	for	ADP
dem-11745	62	10	simultaneous	simultaneous	ADJ
dem-11745	62	11	analysis	analysis	NOUN
dem-11745	62	12	of	of	ADP
dem-11745	62	13	this	this	DET
dem-11745	62	14	type	type	NOUN
dem-11745	62	15	of	of	ADP
dem-11745	62	16	relationship	relationship	NOUN
dem-11745	62	17	.	.	PUNCT
dem-11745	63	1	an	an	DET
dem-11745	63	2	important	important	ADJ
dem-11745	63	3	advantage	advantage	NOUN
dem-11745	63	4	of	of	ADP
dem-11745	63	5	these	these	DET
dem-11745	63	6	models	model	NOUN
dem-11745	63	7	is	be	AUX
dem-11745	63	8	the	the	DET
dem-11745	63	9	lack	lack	NOUN
dem-11745	63	10	of	of	ADP
dem-11745	63	11	restrictions	restriction	NOUN
dem-11745	63	12	concerning	concern	VERB
dem-11745	63	13	the	the	DET
dem-11745	63	14	division	division	NOUN
dem-11745	63	15	of	of	ADP
dem-11745	63	16	variables	variable	NOUN
dem-11745	63	17	into	into	ADP
dem-11745	63	18	endogenous	endogenous	ADJ
dem-11745	63	19	and	and	CCONJ
dem-11745	63	20	exogenous	exogenous	ADJ
dem-11745	63	21	.	.	PUNCT
dem-11745	64	1	this	this	DET
dem-11745	64	2	model	model	NOUN
dem-11745	64	3	also	also	ADV
dem-11745	64	4	allows	allow	VERB
dem-11745	64	5	to	to	PART
dem-11745	64	6	analyze	analyze	VERB
dem-11745	64	7	the	the	DET
dem-11745	64	8	bidirectional	bidirectional	ADJ
dem-11745	64	9	relation	relation	NOUN
dem-11745	64	10	,	,	PUNCT
dem-11745	64	11	that	that	PRON
dem-11745	64	12	is	be	AUX
dem-11745	64	13	when	when	SCONJ
dem-11745	64	14	two	two	NUM
dem-11745	64	15	variables	variable	NOUN
dem-11745	64	16	interact	interact	VERB
dem-11745	64	17	with	with	ADP
dem-11745	64	18	each	each	DET
dem-11745	64	19	other	other	ADJ
dem-11745	64	20	.	.	PUNCT
dem-11745	65	1	this	this	DET
dem-11745	65	2	property	property	NOUN
dem-11745	65	3	is	be	AUX
dem-11745	65	4	used	use	VERB
dem-11745	65	5	e.g.	e.g.	ADV
dem-11745	65	6	(	(	PUNCT
dem-11745	65	7	matuszewska	matuszewska	NOUN
dem-11745	65	8	and	and	CCONJ
dem-11745	65	9	witkowska	witkowska	NOUN
dem-11745	65	10	,	,	PUNCT
dem-11745	65	11	2006	2006	NUM
dem-11745	65	12	)	)	PUNCT
dem-11745	65	13	to	to	PART
dem-11745	65	14	examine	examine	VERB
dem-11745	65	15	the	the	DET
dem-11745	65	16	interdependence	interdependence	NOUN
dem-11745	65	17	between	between	ADP
dem-11745	65	18	the	the	DET
dem-11745	65	19	exchange	exchange	NOUN
dem-11745	65	20	rate	rate	NOUN
dem-11745	65	21	eur	eur	PROPN
dem-11745	65	22	/	/	SYM
dem-11745	65	23	usd	usd	NOUN
dem-11745	65	24	and	and	CCONJ
dem-11745	65	25	selected	select	VERB
dem-11745	65	26	eight	eight	NUM
dem-11745	65	27	independent	independent	ADJ
dem-11745	65	28	variables	variable	NOUN
dem-11745	65	29	.	.	PUNCT
dem-11745	66	1	var	var	NOUN
dem-11745	66	2	method	method	NOUN
dem-11745	66	3	is	be	AUX
dem-11745	66	4	based	base	VERB
dem-11745	66	5	on	on	ADP
dem-11745	66	6	arma	arma	NOUN
dem-11745	66	7	and	and	CCONJ
dem-11745	66	8	garch	garch	NOUN
dem-11745	66	9	models	model	NOUN
dem-11745	66	10	with	with	ADP
dem-11745	66	11	all	all	DET
dem-11745	66	12	their	their	PRON
dem-11745	66	13	generalizations	generalization	NOUN
dem-11745	66	14	and	and	CCONJ
dem-11745	66	15	modifications	modification	NOUN
dem-11745	66	16	.	.	PUNCT
dem-11745	67	1	it	it	PRON
dem-11745	67	2	is	be	AUX
dem-11745	67	3	often	often	ADV
dem-11745	67	4	use	use	VERB
dem-11745	67	5	to	to	PART
dem-11745	67	6	model	model	NOUN
dem-11745	67	7	rates	rate	NOUN
dem-11745	67	8	of	of	ADP
dem-11745	67	9	return	return	NOUN
dem-11745	67	10	on	on	ADP
dem-11745	67	11	various	various	ADJ
dem-11745	67	12	types	type	NOUN
dem-11745	67	13	of	of	ADP
dem-11745	67	14	assets	asset	NOUN
dem-11745	67	15	.	.	PUNCT
dem-11745	68	1	arma	arma	PROPN
dem-11745	68	2	allows	allow	VERB
dem-11745	68	3	the	the	DET
dem-11745	68	4	modeling	modeling	NOUN
dem-11745	68	5	of	of	ADP
dem-11745	68	6	conditional	conditional	ADJ
dem-11745	68	7	mean	mean	NOUN
dem-11745	68	8	,	,	PUNCT
dem-11745	68	9	while	while	SCONJ
dem-11745	68	10	the	the	DET
dem-11745	68	11	garch	garch	NOUN
dem-11745	68	12	–	–	PUNCT
dem-11745	68	13	conditional	conditional	ADJ
dem-11745	68	14	variance	variance	NOUN
dem-11745	68	15	.	.	PUNCT
dem-11745	69	1	in	in	ADP
dem-11745	69	2	the	the	DET
dem-11745	69	3	literature	literature	NOUN
dem-11745	69	4	,	,	PUNCT
dem-11745	69	5	the	the	DET
dem-11745	69	6	combination	combination	NOUN
dem-11745	69	7	of	of	ADP
dem-11745	69	8	these	these	DET
dem-11745	69	9	two	two	NUM
dem-11745	69	10	models	model	NOUN
dem-11745	69	11	to	to	PART
dem-11745	69	12	analyze	analyze	VERB
dem-11745	69	13	the	the	DET
dem-11745	69	14	exchange	exchange	NOUN
dem-11745	69	15	rates	rate	NOUN
dem-11745	69	16	applied	apply	VERB
dem-11745	69	17	,	,	PUNCT
dem-11745	69	18	among	among	ADP
dem-11745	69	19	others	other	NOUN
dem-11745	69	20	,	,	PUNCT
dem-11745	69	21	(	(	PUNCT
dem-11745	69	22	nakatsuma	nakatsuma	NOUN
dem-11745	69	23	and	and	CCONJ
dem-11745	69	24	tsurumi	tsurumi	NOUN
dem-11745	69	25	,	,	PUNCT
dem-11745	69	26	1999	1999	NUM
dem-11745	69	27	)	)	PUNCT
dem-11745	69	28	(	(	PUNCT
dem-11745	69	29	quaicoe	quaicoe	PROPN
dem-11745	69	30	et.al	et.al	PROPN
dem-11745	69	31	.	.	PROPN
dem-11745	69	32	,	,	PUNCT
dem-11745	69	33	2015	2015	NUM
dem-11745	69	34	)	)	PUNCT
dem-11745	69	35	,	,	PUNCT
dem-11745	69	36	(	(	PUNCT
dem-11745	69	37	marreh	marreh	PROPN
dem-11745	69	38	et.al	et.al	PROPN
dem-11745	69	39	.	.	PROPN
dem-11745	69	40	,	,	PUNCT
dem-11745	69	41	2014	2014	NUM
dem-11745	69	42	)	)	PUNCT
dem-11745	69	43	,	,	PUNCT
dem-11745	69	44	(	(	PUNCT
dem-11745	69	45	doman	doman	NOUN
dem-11745	69	46	and	and	CCONJ
dem-11745	69	47	doman	doman	NOUN
dem-11745	69	48	,	,	PUNCT
dem-11745	69	49	2014	2014	NUM
dem-11745	69	50	)	)	PUNCT
dem-11745	69	51	,	,	PUNCT
dem-11745	69	52	etc	etc	X
dem-11745	69	53	.	.	X
dem-11745	69	54	arma	arma	PROPN
dem-11745	69	55	(	(	PUNCT
dem-11745	69	56	p	p	X
dem-11745	69	57	,	,	PUNCT
dem-11745	69	58	q	q	NOUN
dem-11745	69	59	)	)	PUNCT
dem-11745	69	60	process	process	NOUN
dem-11745	69	61	is	be	AUX
dem-11745	69	62	a	a	DET
dem-11745	69	63	combination	combination	NOUN
dem-11745	69	64	of	of	ADP
dem-11745	69	65	two	two	NUM
dem-11745	69	66	types	type	NOUN
dem-11745	69	67	of	of	ADP
dem-11745	69	68	processes	process	NOUN
dem-11745	69	69	,	,	PUNCT
dem-11745	69	70	ie	ie	X
dem-11745	69	71	.	.	PUNCT
dem-11745	70	1	an	an	DET
dem-11745	70	2	autoregressive	autoregressive	ADJ
dem-11745	70	3	of	of	ADP
dem-11745	70	4	order	order	NOUN
dem-11745	70	5	p	p	X
dem-11745	70	6	–	–	PUNCT
dem-11745	70	7	ar	ar	NOUN
dem-11745	70	8	(	(	PUNCT
dem-11745	70	9	p	p	NOUN
dem-11745	70	10	)	)	PUNCT
dem-11745	70	11	and	and	CCONJ
dem-11745	70	12	the	the	DET
dem-11745	70	13	moving	move	VERB
dem-11745	70	14	average	average	NOUN
dem-11745	70	15	of	of	ADP
dem-11745	70	16	order	order	NOUN
dem-11745	70	17	q	q	X
dem-11745	70	18	–	–	PUNCT
dem-11745	70	19	ma	ma	PROPN
dem-11745	70	20	(	(	PUNCT
dem-11745	70	21	q	q	NOUN
dem-11745	70	22	)	)	PUNCT
dem-11745	70	23	.	.	PUNCT
dem-11745	71	1	dependency	dependency	NOUN
dem-11745	71	2	analysis	analysis	NOUN
dem-11745	71	3	between	between	ADP
dem-11745	71	4	bitcoin	bitcoin	NOUN
dem-11745	71	5	and	and	CCONJ
dem-11745	71	6	selected	select	VERB
dem-11745	71	7	global	global	ADJ
dem-11745	71	8	currencies	currency	NOUN
dem-11745	71	9	dynamic	dynamic	ADJ
dem-11745	71	10	econometric	econometric	ADJ
dem-11745	71	11	models	model	NOUN
dem-11745	71	12	16	16	NUM
dem-11745	71	13	(	(	PUNCT
dem-11745	71	14	2016	2016	NUM
dem-11745	71	15	)	)	PUNCT
dem-11745	71	16	133–144	133–144	NUM
dem-11745	71	17	137	137	NUM
dem-11745	71	18	following	follow	VERB
dem-11745	71	19	(	(	PUNCT
dem-11745	71	20	montgomery	montgomery	PROPN
dem-11745	71	21	et.al	et.al	PROPN
dem-11745	71	22	.	.	PROPN
dem-11745	71	23	,	,	PUNCT
dem-11745	71	24	2008	2008	NUM
dem-11745	71	25	)	)	PUNCT
dem-11745	71	26	,	,	PUNCT
dem-11745	71	27	the	the	DET
dem-11745	71	28	autoregressive	autoregressive	ADJ
dem-11745	71	29	process	process	NOUN
dem-11745	71	30	of	of	ADP
dem-11745	71	31	an	an	DET
dem-11745	71	32	order	order	NOUN
dem-11745	71	33	p	p	NOUN
dem-11745	71	34	,	,	PUNCT
dem-11745	71	35	can	can	AUX
dem-11745	71	36	be	be	AUX
dem-11745	71	37	written	write	VERB
dem-11745	71	38	the	the	DET
dem-11745	71	39	formula	formula	NOUN
dem-11745	71	40	:	:	PUNCT
dem-11745	71	41	,	,	PUNCT
dem-11745	71	42	(	(	PUNCT
dem-11745	71	43	1	1	X
dem-11745	71	44	)	)	PUNCT
dem-11745	71	45	where	where	SCONJ
dem-11745	71	46	:	:	PUNCT
dem-11745	71	47	is	be	AUX
dem-11745	71	48	a	a	DET
dem-11745	71	49	white	white	ADJ
dem-11745	71	50	noise	noise	NOUN
dem-11745	71	51	;	;	PUNCT
dem-11745	71	52	–	–	PUNCT
dem-11745	71	53	parameters	parameter	NOUN
dem-11745	71	54	.	.	PUNCT
dem-11745	72	1	the	the	DET
dem-11745	72	2	realization	realization	NOUN
dem-11745	72	3	of	of	ADP
dem-11745	72	4	a	a	DET
dem-11745	72	5	process	process	NOUN
dem-11745	72	6	at	at	ADP
dem-11745	72	7	time	time	NOUN
dem-11745	72	8	t	t	PROPN
dem-11745	72	9	depends	depend	VERB
dem-11745	72	10	on	on	ADP
dem-11745	72	11	p	p	PROPN
dem-11745	72	12	prior	prior	ADJ
dem-11745	72	13	observations	observation	NOUN
dem-11745	72	14	and	and	CCONJ
dem-11745	72	15	the	the	DET
dem-11745	72	16	white	white	ADJ
dem-11745	72	17	noise	noise	NOUN
dem-11745	72	18	at	at	ADP
dem-11745	72	19	point	point	NOUN
dem-11745	72	20	t.	t.	PROPN
dem-11745	72	21	if	if	SCONJ
dem-11745	72	22	however	however	ADV
dem-11745	72	23	the	the	DET
dem-11745	72	24	realization	realization	NOUN
dem-11745	72	25	of	of	ADP
dem-11745	72	26	a	a	DET
dem-11745	72	27	process	process	NOUN
dem-11745	72	28	at	at	ADP
dem-11745	72	29	time	time	NOUN
dem-11745	72	30	t	t	PROPN
dem-11745	72	31	depends	depend	VERB
dem-11745	72	32	on	on	ADP
dem-11745	72	33	q	q	PUNCT
dem-11745	72	34	previous	previous	ADJ
dem-11745	72	35	random	random	ADJ
dem-11745	72	36	terms	term	NOUN
dem-11745	72	37	,	,	PUNCT
dem-11745	72	38	then	then	ADV
dem-11745	72	39	such	such	DET
dem-11745	72	40	a	a	DET
dem-11745	72	41	process	process	NOUN
dem-11745	72	42	is	be	AUX
dem-11745	72	43	a	a	DET
dem-11745	72	44	moving	move	VERB
dem-11745	72	45	average	average	NOUN
dem-11745	72	46	of	of	ADP
dem-11745	72	47	order	order	NOUN
dem-11745	72	48	q	q	PUNCT
dem-11745	72	49	(	(	PUNCT
dem-11745	72	50	pesaran	pesaran	VERB
dem-11745	72	51	,	,	PUNCT
dem-11745	72	52	2015	2015	NUM
dem-11745	72	53	)	)	PUNCT
dem-11745	72	54	.	.	PUNCT
dem-11745	73	1	such	such	ADJ
dem-11745	73	2	dependency	dependency	NOUN
dem-11745	73	3	has	have	VERB
dem-11745	73	4	the	the	DET
dem-11745	73	5	form	form	NOUN
dem-11745	73	6	:	:	PUNCT
dem-11745	73	7	,	,	PUNCT
dem-11745	73	8	(	(	PUNCT
dem-11745	73	9	2	2	X
dem-11745	73	10	)	)	PUNCT
dem-11745	73	11	where	where	SCONJ
dem-11745	73	12	:	:	PUNCT
dem-11745	73	13	is	be	AUX
dem-11745	73	14	a	a	DET
dem-11745	73	15	white	white	ADJ
dem-11745	73	16	noise	noise	NOUN
dem-11745	73	17	;	;	PUNCT
dem-11745	73	18	–	–	PUNCT
dem-11745	73	19	parameters	parameter	NOUN
dem-11745	73	20	.	.	PUNCT
dem-11745	74	1	the	the	DET
dem-11745	74	2	arma	arma	PROPN
dem-11745	74	3	model	model	NOUN
dem-11745	74	4	is	be	AUX
dem-11745	74	5	a	a	DET
dem-11745	74	6	combination	combination	NOUN
dem-11745	74	7	of	of	ADP
dem-11745	74	8	the	the	DET
dem-11745	74	9	autoregressive	autoregressive	ADJ
dem-11745	74	10	process	process	NOUN
dem-11745	74	11	of	of	ADP
dem-11745	74	12	order	order	NOUN
dem-11745	74	13	p	p	NOUN
dem-11745	74	14	and	and	CCONJ
dem-11745	74	15	a	a	DET
dem-11745	74	16	moving	move	VERB
dem-11745	74	17	average	average	ADJ
dem-11745	74	18	process	process	NOUN
dem-11745	74	19	of	of	ADP
dem-11745	74	20	order	order	NOUN
dem-11745	74	21	and	and	CCONJ
dem-11745	74	22	can	can	AUX
dem-11745	74	23	be	be	AUX
dem-11745	74	24	written	write	VERB
dem-11745	74	25	in	in	ADP
dem-11745	74	26	the	the	DET
dem-11745	74	27	following	follow	VERB
dem-11745	74	28	form	form	NOUN
dem-11745	74	29	:	:	PUNCT
dem-11745	74	30	,	,	PUNCT
dem-11745	74	31	(	(	PUNCT
dem-11745	74	32	3	3	X
dem-11745	74	33	)	)	PUNCT
dem-11745	74	34	the	the	DET
dem-11745	74	35	arch	arch	ADJ
dem-11745	74	36	models	model	NOUN
dem-11745	74	37	(	(	PUNCT
dem-11745	74	38	auto	auto	NOUN
dem-11745	74	39	regressive	regressive	ADJ
dem-11745	74	40	conditional	conditional	ADJ
dem-11745	74	41	heteroskedasticity	heteroskedasticity	NOUN
dem-11745	74	42	)	)	PUNCT
dem-11745	74	43	were	be	AUX
dem-11745	74	44	introduced	introduce	VERB
dem-11745	74	45	to	to	ADP
dem-11745	74	46	the	the	DET
dem-11745	74	47	literature	literature	NOUN
dem-11745	74	48	by	by	ADP
dem-11745	74	49	eagle	eagle	PROPN
dem-11745	74	50	in	in	ADP
dem-11745	74	51	1982	1982	NUM
dem-11745	74	52	.	.	PUNCT
dem-11745	75	1	they	they	PRON
dem-11745	75	2	are	be	AUX
dem-11745	75	3	based	base	VERB
dem-11745	75	4	on	on	ADP
dem-11745	75	5	the	the	DET
dem-11745	75	6	assumption	assumption	NOUN
dem-11745	75	7	that	that	DET
dem-11745	75	8	variance	variance	NOUN
dem-11745	75	9	of	of	ADP
dem-11745	75	10	the	the	DET
dem-11745	75	11	process	process	NOUN
dem-11745	75	12	residuals	residual	NOUN
dem-11745	75	13	is	be	AUX
dem-11745	75	14	not	not	PART
dem-11745	75	15	constant	constant	ADJ
dem-11745	75	16	over	over	ADP
dem-11745	75	17	time	time	NOUN
dem-11745	75	18	.	.	PUNCT
dem-11745	76	1	(	(	PUNCT
dem-11745	76	2	mandelbrot	mandelbrot	PROPN
dem-11745	76	3	,	,	PUNCT
dem-11745	76	4	1963	1963	NUM
dem-11745	76	5	)	)	PUNCT
dem-11745	76	6	has	have	AUX
dem-11745	76	7	proven	prove	VERB
dem-11745	76	8	,	,	PUNCT
dem-11745	76	9	that	that	SCONJ
dem-11745	76	10	in	in	ADP
dem-11745	76	11	particular	particular	ADJ
dem-11745	76	12	the	the	DET
dem-11745	76	13	financial	financial	ADJ
dem-11745	76	14	data	datum	NOUN
dem-11745	76	15	are	be	AUX
dem-11745	76	16	affected	affect	VERB
dem-11745	76	17	by	by	ADP
dem-11745	76	18	the	the	DET
dem-11745	76	19	presence	presence	NOUN
dem-11745	76	20	of	of	ADP
dem-11745	76	21	outliers	outlier	NOUN
dem-11745	76	22	and	and	CCONJ
dem-11745	76	23	volatility	volatility	NOUN
dem-11745	76	24	clustering	clustering	NOUN
dem-11745	76	25	,	,	PUNCT
dem-11745	76	26	which	which	PRON
dem-11745	76	27	impacts	impact	VERB
dem-11745	76	28	the	the	DET
dem-11745	76	29	distortion	distortion	NOUN
dem-11745	76	30	of	of	ADP
dem-11745	76	31	the	the	DET
dem-11745	76	32	distribution	distribution	NOUN
dem-11745	76	33	of	of	ADP
dem-11745	76	34	the	the	DET
dem-11745	76	35	exanimated	exanimate	VERB
dem-11745	76	36	variables	variable	NOUN
dem-11745	76	37	.	.	PUNCT
dem-11745	77	1	arch	arch	ADJ
dem-11745	77	2	models	model	NOUN
dem-11745	77	3	assume	assume	VERB
dem-11745	77	4	that	that	SCONJ
dem-11745	77	5	the	the	DET
dem-11745	77	6	conditional	conditional	ADJ
dem-11745	77	7	variance	variance	NOUN
dem-11745	77	8	of	of	ADP
dem-11745	77	9	the	the	DET
dem-11745	77	10	error	error	NOUN
dem-11745	77	11	term	term	NOUN
dem-11745	77	12	at	at	ADP
dem-11745	77	13	point	point	NOUN
dem-11745	77	14	t	t	PROPN
dem-11745	77	15	is	be	AUX
dem-11745	77	16	dependent	dependent	ADJ
dem-11745	77	17	on	on	ADP
dem-11745	77	18	the	the	DET
dem-11745	77	19	p	p	NOUN
dem-11745	77	20	previous	previous	ADJ
dem-11745	77	21	error	error	NOUN
dem-11745	77	22	terms	term	NOUN
dem-11745	77	23	:	:	PUNCT
dem-11745	77	24	,	,	PUNCT
dem-11745	77	25	(	(	PUNCT
dem-11745	77	26	4	4	X
dem-11745	77	27	)	)	PUNCT
dem-11745	77	28	where	where	SCONJ
dem-11745	77	29	–	–	PUNCT
dem-11745	77	30	variance	variance	NOUN
dem-11745	77	31	,	,	PUNCT
dem-11745	77	32	–	–	PUNCT
dem-11745	77	33	error	error	NOUN
dem-11745	77	34	term	term	NOUN
dem-11745	77	35	,	,	PUNCT
dem-11745	77	36	–	–	PUNCT
dem-11745	77	37	parameters	parameter	NOUN
dem-11745	77	38	,	,	PUNCT
dem-11745	77	39	–	–	PUNCT
dem-11745	77	40	constant	constant	ADJ
dem-11745	77	41	.	.	PUNCT
dem-11745	78	1	the	the	DET
dem-11745	78	2	generalization	generalization	NOUN
dem-11745	78	3	of	of	ADP
dem-11745	78	4	the	the	DET
dem-11745	78	5	arch	arch	ADJ
dem-11745	78	6	model	model	NOUN
dem-11745	78	7	,	,	PUNCT
dem-11745	78	8	a	a	DET
dem-11745	78	9	garch	garch	NOUN
dem-11745	78	10	models	model	NOUN
dem-11745	78	11	2	2	NUM
dem-11745	78	12	,	,	PUNCT
dem-11745	78	13	was	be	AUX
dem-11745	78	14	introduced	introduce	VERB
dem-11745	78	15	in	in	ADP
dem-11745	78	16	1986	1986	NUM
dem-11745	78	17	by	by	ADP
dem-11745	78	18	boleslev	boleslev	NOUN
dem-11745	78	19	,	,	PUNCT
dem-11745	78	20	and	and	CCONJ
dem-11745	78	21	has	have	VERB
dem-11745	78	22	a	a	DET
dem-11745	78	23	form	form	NOUN
dem-11745	78	24	:	:	PUNCT
dem-11745	78	25	,	,	PUNCT
dem-11745	78	26	(	(	PUNCT
dem-11745	78	27	5	5	NUM
dem-11745	78	28	)	)	PUNCT
dem-11745	78	29	where	where	SCONJ
dem-11745	78	30	:	:	PUNCT
dem-11745	78	31	is	be	AUX
dem-11745	78	32	a	a	DET
dem-11745	78	33	white	white	ADJ
dem-11745	78	34	noise	noise	NOUN
dem-11745	78	35	;	;	PUNCT
dem-11745	78	36	–	–	PUNCT
dem-11745	78	37	variance	variance	NOUN
dem-11745	78	38	at	at	ADP
dem-11745	78	39	time	time	NOUN
dem-11745	78	40	t	t	PROPN
dem-11745	78	41	;	;	PUNCT
dem-11745	78	42	,	,	PUNCT
dem-11745	78	43	–	–	PUNCT
dem-11745	78	44	parameters	parameter	NOUN
dem-11745	78	45	.	.	PUNCT
dem-11745	79	1	2	2	NUM
dem-11745	79	2	for	for	ADP
dem-11745	79	3	further	further	ADJ
dem-11745	79	4	details	detail	NOUN
dem-11745	79	5	considered	consider	VERB
dem-11745	79	6	applied	applied	ADJ
dem-11745	79	7	models	model	NOUN
dem-11745	79	8	please	please	INTJ
dem-11745	79	9	refer	refer	VERB
dem-11745	79	10	to	to	ADP
dem-11745	79	11	hamilton	hamilton	PROPN
dem-11745	79	12	(	(	PUNCT
dem-11745	79	13	1994	1994	NUM
dem-11745	79	14	)	)	PUNCT
dem-11745	79	15	,	,	PUNCT
dem-11745	79	16	montgomery	montgomery	PROPN
dem-11745	79	17	et.al	et.al	PROPN
dem-11745	79	18	.	.	PUNCT
dem-11745	80	1	(	(	PUNCT
dem-11745	80	2	2008	2008	NUM
dem-11745	80	3	)	)	PUNCT
dem-11745	80	4	and	and	CCONJ
dem-11745	80	5	alberg	alberg	PROPN
dem-11745	80	6	et.al	et.al	PROPN
dem-11745	80	7	.	.	PUNCT
dem-11745	81	1	(	(	PUNCT
dem-11745	81	2	2008	2008	NUM
dem-11745	81	3	)	)	PUNCT
dem-11745	81	4	.	.	PUNCT
dem-11745	82	1	beata	beata	PROPN
dem-11745	82	2	szetela	szetela	PROPN
dem-11745	82	3	,	,	PUNCT
dem-11745	82	4	grzegorz	grzegorz	NOUN
dem-11745	82	5	mentel	mentel	NOUN
dem-11745	82	6	,	,	PUNCT
dem-11745	82	7	stanisław	stanisław	VERB
dem-11745	82	8	gędek	gędek	PROPN
dem-11745	82	9	dynamic	dynamic	ADJ
dem-11745	82	10	econometric	econometric	ADJ
dem-11745	82	11	models	model	NOUN
dem-11745	82	12	16	16	NUM
dem-11745	82	13	(	(	PUNCT
dem-11745	82	14	2016	2016	NUM
dem-11745	82	15	)	)	PUNCT
dem-11745	82	16	133–144	133–144	NUM
dem-11745	82	17	138	138	NUM
dem-11745	82	18	vector	vector	NOUN
dem-11745	82	19	autoregressive	autoregressive	ADJ
dem-11745	82	20	models	model	NOUN
dem-11745	82	21	can	can	AUX
dem-11745	82	22	be	be	AUX
dem-11745	82	23	applied	apply	VERB
dem-11745	82	24	to	to	ADP
dem-11745	82	25	stationary	stationary	ADJ
dem-11745	82	26	time	time	NOUN
dem-11745	82	27	series	series	PROPN
dem-11745	82	28	.	.	PUNCT
dem-11745	83	1	a	a	DET
dem-11745	83	2	time	time	NOUN
dem-11745	83	3	series	series	NOUN
dem-11745	83	4	is	be	AUX
dem-11745	83	5	assumed	assume	VERB
dem-11745	83	6	to	to	PART
dem-11745	83	7	be	be	AUX
dem-11745	83	8	strict	strict	ADJ
dem-11745	83	9	stationarity	stationarity	NOUN
dem-11745	83	10	,	,	PUNCT
dem-11745	83	11	if	if	SCONJ
dem-11745	83	12	the	the	DET
dem-11745	83	13	probability	probability	NOUN
dem-11745	83	14	distribution	distribution	NOUN
dem-11745	83	15	function	function	NOUN
dem-11745	83	16	remains	remain	VERB
dem-11745	83	17	unchanged	unchanged	ADJ
dem-11745	83	18	at	at	ADP
dem-11745	83	19	each	each	DET
dem-11745	83	20	point	point	NOUN
dem-11745	83	21	of	of	ADP
dem-11745	83	22	time	time	NOUN
dem-11745	83	23	,	,	PUNCT
dem-11745	83	24	(	(	PUNCT
dem-11745	83	25	markellos	markellos	PROPN
dem-11745	83	26	&	&	CCONJ
dem-11745	83	27	mills	mill	NOUN
dem-11745	83	28	,	,	PUNCT
dem-11745	83	29	2008	2008	NUM
dem-11745	83	30	):	):	PUNCT
dem-11745	83	31	(	(	PUNCT
dem-11745	83	32	6	6	X
dem-11745	83	33	)	)	PUNCT
dem-11745	83	34	the	the	DET
dem-11745	83	35	process	process	NOUN
dem-11745	83	36	can	can	AUX
dem-11745	83	37	be	be	AUX
dem-11745	83	38	described	describe	VERB
dem-11745	83	39	as	as	ADP
dem-11745	83	40	stationary	stationary	ADJ
dem-11745	83	41	in	in	ADP
dem-11745	83	42	a	a	DET
dem-11745	83	43	broader	broad	ADJ
dem-11745	83	44	sense	sense	NOUN
dem-11745	83	45	,	,	PUNCT
dem-11745	83	46	if	if	SCONJ
dem-11745	83	47	it	it	PRON
dem-11745	83	48	has	have	VERB
dem-11745	83	49	a	a	DET
dem-11745	83	50	constant	constant	ADJ
dem-11745	83	51	mean	mean	NOUN
dem-11745	83	52	and	and	CCONJ
dem-11745	83	53	variance	variance	NOUN
dem-11745	83	54	,	,	PUNCT
dem-11745	83	55	and	and	CCONJ
dem-11745	83	56	covariance	covariance	NOUN
dem-11745	83	57	of	of	ADP
dem-11745	83	58	the	the	DET
dem-11745	83	59	observation	observation	NOUN
dem-11745	83	60	depends	depend	VERB
dem-11745	83	61	solely	solely	ADV
dem-11745	83	62	on	on	ADP
dem-11745	83	63	the	the	DET
dem-11745	83	64	distance	distance	NOUN
dem-11745	83	65	between	between	ADP
dem-11745	83	66	them	they	PRON
dem-11745	83	67	.	.	PUNCT
dem-11745	84	1	formally	formally	ADV
dem-11745	84	2	this	this	DET
dem-11745	84	3	conditions	condition	NOUN
dem-11745	84	4	are	be	AUX
dem-11745	84	5	described	describe	VERB
dem-11745	84	6	as	as	SCONJ
dem-11745	84	7	follows	follow	VERB
dem-11745	84	8	:	:	PUNCT
dem-11745	84	9	(	(	PUNCT
dem-11745	84	10	7	7	NUM
dem-11745	84	11	)	)	PUNCT
dem-11745	84	12	(	(	PUNCT
dem-11745	84	13	8)	8)	NUM
dem-11745	84	14	(	(	PUNCT
dem-11745	84	15	9	9	NUM
dem-11745	84	16	)	)	PUNCT
dem-11745	84	17	in	in	ADP
dem-11745	84	18	order	order	NOUN
dem-11745	84	19	to	to	PART
dem-11745	84	20	investigate	investigate	VERB
dem-11745	84	21	,	,	PUNCT
dem-11745	84	22	whether	whether	SCONJ
dem-11745	84	23	a	a	DET
dem-11745	84	24	considered	consider	VERB
dem-11745	84	25	time	time	NOUN
dem-11745	84	26	series	series	PROPN
dem-11745	84	27	follows	follow	VERB
dem-11745	84	28	a	a	DET
dem-11745	84	29	stationary	stationary	ADJ
dem-11745	84	30	process	process	NOUN
dem-11745	84	31	,	,	PUNCT
dem-11745	84	32	a	a	DET
dem-11745	84	33	dickey	dickey	PROPN
dem-11745	84	34	fuller	full	ADJ
dem-11745	84	35	test	test	NOUN
dem-11745	84	36	is	be	AUX
dem-11745	84	37	applied	apply	VERB
dem-11745	84	38	,	,	PUNCT
dem-11745	84	39	which	which	PRON
dem-11745	84	40	verifies	verify	VERB
dem-11745	84	41	a	a	DET
dem-11745	84	42	presence	presence	NOUN
dem-11745	84	43	of	of	ADP
dem-11745	84	44	a	a	DET
dem-11745	84	45	unit	unit	NOUN
dem-11745	84	46	root	root	NOUN
dem-11745	84	47	under	under	ADP
dem-11745	84	48	the	the	DET
dem-11745	84	49	null	null	ADJ
dem-11745	84	50	hypothesis	hypothesis	NOUN
dem-11745	84	51	(	(	PUNCT
dem-11745	84	52	)	)	PUNCT
dem-11745	84	53	versus	versus	ADP
dem-11745	84	54	an	an	DET
dem-11745	84	55	alternative	alternative	ADJ
dem-11745	84	56	hypothesis	hypothesis	NOUN
dem-11745	84	57	,	,	PUNCT
dem-11745	84	58	which	which	PRON
dem-11745	84	59	assumes	assume	VERB
dem-11745	84	60	process	process	NOUN
dem-11745	84	61	stationarity	stationarity	NOUN
dem-11745	84	62	(	(	PUNCT
dem-11745	84	63	.	.	PUNCT
dem-11745	85	1	4	4	X
dem-11745	85	2	.	.	X
dem-11745	85	3	empirical	empirical	ADJ
dem-11745	85	4	results	result	NOUN
dem-11745	85	5	in	in	ADP
dem-11745	85	6	our	our	PRON
dem-11745	85	7	research	research	NOUN
dem-11745	85	8	we	we	PRON
dem-11745	85	9	have	have	AUX
dem-11745	85	10	taken	take	VERB
dem-11745	85	11	into	into	ADP
dem-11745	85	12	the	the	DET
dem-11745	85	13	consideration	consideration	NOUN
dem-11745	85	14	daily	daily	ADJ
dem-11745	85	15	logarithmic	logarithmic	ADJ
dem-11745	85	16	rate	rate	NOUN
dem-11745	85	17	of	of	ADP
dem-11745	85	18	return	return	NOUN
dem-11745	85	19	for	for	ADP
dem-11745	85	20	bitcoin	bitcoin	NOUN
dem-11745	85	21	to	to	ADP
dem-11745	85	22	polish	polish	VERB
dem-11745	85	23	zloty	zloty	NOUN
dem-11745	85	24	(	(	PUNCT
dem-11745	85	25	rbtc	rbtc	PROPN
dem-11745	85	26	/	/	SYM
dem-11745	85	27	pln	pln	PROPN
dem-11745	85	28	)	)	PUNCT
dem-11745	85	29	and	and	CCONJ
dem-11745	85	30	compared	compare	VERB
dem-11745	85	31	it	it	PRON
dem-11745	85	32	with	with	ADP
dem-11745	85	33	the	the	DET
dem-11745	85	34	logarithmic	logarithmic	ADJ
dem-11745	85	35	rate	rate	NOUN
dem-11745	85	36	of	of	ADP
dem-11745	85	37	return	return	NOUN
dem-11745	85	38	for	for	ADP
dem-11745	85	39	euro	euro	NOUN
dem-11745	85	40	to	to	ADP
dem-11745	85	41	zloty	zloty	NOUN
dem-11745	85	42	(	(	PUNCT
dem-11745	85	43	reur	reur	PROPN
dem-11745	85	44	/	/	SYM
dem-11745	85	45	pln	pln	PROPN
dem-11745	85	46	)	)	PUNCT
dem-11745	85	47	,	,	PUNCT
dem-11745	85	48	us	us	PROPN
dem-11745	85	49	dollar	dollar	VERB
dem-11745	85	50	to	to	ADP
dem-11745	85	51	zloty	zloty	NOUN
dem-11745	85	52	(	(	PUNCT
dem-11745	85	53	rusd	rusd	NOUN
dem-11745	85	54	/	/	SYM
dem-11745	85	55	pln	pln	PROPN
dem-11745	85	56	)	)	PUNCT
dem-11745	85	57	,	,	PUNCT
dem-11745	85	58	british	british	ADJ
dem-11745	85	59	pound	pound	NOUN
dem-11745	85	60	to	to	ADP
dem-11745	85	61	zloty	zloty	NOUN
dem-11745	85	62	(	(	PUNCT
dem-11745	85	63	rgbp	rgbp	NOUN
dem-11745	85	64	/	/	SYM
dem-11745	85	65	pln	pln	PROPN
dem-11745	85	66	)	)	PUNCT
dem-11745	85	67	and	and	CCONJ
dem-11745	85	68	chinese	chinese	PROPN
dem-11745	85	69	yuan	yuan	PROPN
dem-11745	85	70	to	to	PART
dem-11745	85	71	zloty	zloty	X
dem-11745	85	72	(	(	PUNCT
dem-11745	85	73	rcny	rcny	PROPN
dem-11745	85	74	/	/	SYM
dem-11745	85	75	pln	pln	PROPN
dem-11745	85	76	)	)	PUNCT
dem-11745	85	77	.	.	PUNCT
dem-11745	86	1	the	the	DET
dem-11745	86	2	mentioned	mention	VERB
dem-11745	86	3	currencies	currency	NOUN
dem-11745	86	4	were	be	AUX
dem-11745	86	5	chosen	choose	VERB
dem-11745	86	6	based	base	VERB
dem-11745	86	7	on	on	ADP
dem-11745	86	8	the	the	DET
dem-11745	86	9	volume	volume	NOUN
dem-11745	86	10	of	of	ADP
dem-11745	86	11	transactions	transaction	NOUN
dem-11745	86	12	performed	perform	VERB
dem-11745	86	13	on	on	ADP
dem-11745	86	14	bitcoin	bitcoin	ADJ
dem-11745	86	15	3	3	NUM
dem-11745	86	16	.	.	PUNCT
dem-11745	87	1	we	we	PRON
dem-11745	87	2	analyzed	analyze	VERB
dem-11745	87	3	the	the	DET
dem-11745	87	4	period	period	NOUN
dem-11745	87	5	from	from	ADP
dem-11745	87	6	january	january	PROPN
dem-11745	87	7	2014	2014	NUM
dem-11745	87	8	to	to	ADP
dem-11745	87	9	june	june	PROPN
dem-11745	87	10	2016	2016	NUM
dem-11745	87	11	.	.	PUNCT
dem-11745	88	1	the	the	DET
dem-11745	88	2	data	datum	NOUN
dem-11745	88	3	were	be	AUX
dem-11745	88	4	collected	collect	VERB
dem-11745	88	5	from	from	ADP
dem-11745	88	6	www.quandl.com	www.quandl.com	NUM
dem-11745	88	7	and	and	CCONJ
dem-11745	88	8	contained	contain	VERB
dem-11745	88	9	in	in	ADP
dem-11745	88	10	total	total	ADJ
dem-11745	88	11	641	641	NUM
dem-11745	88	12	full	full	ADJ
dem-11745	88	13	observations	observation	NOUN
dem-11745	88	14	.	.	PUNCT
dem-11745	89	1	the	the	DET
dem-11745	89	2	assumption	assumption	NOUN
dem-11745	89	3	of	of	ADP
dem-11745	89	4	stationarity	stationarity	NOUN
dem-11745	89	5	was	be	AUX
dem-11745	89	6	verified	verify	VERB
dem-11745	89	7	by	by	ADP
dem-11745	89	8	the	the	DET
dem-11745	89	9	dickey	dickey	PROPN
dem-11745	89	10	fuller	full	ADJ
dem-11745	89	11	unit	unit	NOUN
dem-11745	89	12	root	root	PROPN
dem-11745	89	13	test	test	NOUN
dem-11745	89	14	(	(	PUNCT
dem-11745	89	15	df	df	PROPN
dem-11745	89	16	)	)	PUNCT
dem-11745	89	17	.	.	PUNCT
dem-11745	90	1	the	the	DET
dem-11745	90	2	test	test	NOUN
dem-11745	90	3	results	result	NOUN
dem-11745	90	4	presented	present	VERB
dem-11745	90	5	in	in	ADP
dem-11745	90	6	table	table	NOUN
dem-11745	90	7	1	1	NUM
dem-11745	90	8	,	,	PUNCT
dem-11745	90	9	show	show	VERB
dem-11745	90	10	that	that	SCONJ
dem-11745	90	11	in	in	ADP
dem-11745	90	12	all	all	DET
dem-11745	90	13	cases	case	NOUN
dem-11745	90	14	the	the	DET
dem-11745	90	15	df	df	PROPN
dem-11745	90	16	test	test	NOUN
dem-11745	90	17	was	be	AUX
dem-11745	90	18	able	able	ADJ
dem-11745	90	19	to	to	PART
dem-11745	90	20	reject	reject	VERB
dem-11745	90	21	the	the	DET
dem-11745	90	22	null	null	ADJ
dem-11745	90	23	hypothesis	hypothesis	NOUN
dem-11745	90	24	of	of	ADP
dem-11745	90	25	appearance	appearance	NOUN
dem-11745	90	26	of	of	ADP
dem-11745	90	27	a	a	DET
dem-11745	90	28	unit	unit	NOUN
dem-11745	90	29	root	root	NOUN
dem-11745	90	30	,	,	PUNCT
dem-11745	90	31	proving	prove	VERB
dem-11745	90	32	stationarity	stationarity	NOUN
dem-11745	90	33	for	for	ADP
dem-11745	90	34	all	all	PRON
dem-11745	90	35	of	of	ADP
dem-11745	90	36	included	include	VERB
dem-11745	90	37	variables	variable	NOUN
dem-11745	90	38	.	.	PUNCT
dem-11745	91	1	3	3	NUM
dem-11745	91	2	following	follow	VERB
dem-11745	91	3	information	information	NOUN
dem-11745	91	4	available	available	ADJ
dem-11745	91	5	via	via	ADP
dem-11745	91	6	:	:	PUNCT
dem-11745	91	7	bitcoinity.org	bitcoinity.org	PROPN
dem-11745	91	8	,	,	PUNCT
dem-11745	91	9	the	the	DET
dem-11745	91	10	majority	majority	NOUN
dem-11745	91	11	of	of	ADP
dem-11745	91	12	transactions	transaction	NOUN
dem-11745	91	13	in	in	ADP
dem-11745	91	14	terms	term	NOUN
dem-11745	91	15	of	of	ADP
dem-11745	91	16	volume	volume	NOUN
dem-11745	91	17	was	be	AUX
dem-11745	91	18	performed	perform	VERB
dem-11745	91	19	in	in	ADP
dem-11745	91	20	yuan	yuan	NOUN
dem-11745	91	21	,	,	PUNCT
dem-11745	91	22	which	which	PRON
dem-11745	91	23	accounted	account	VERB
dem-11745	91	24	for	for	ADP
dem-11745	91	25	approx	approx	PROPN
dem-11745	91	26	.	.	PUNCT
dem-11745	92	1	84	84	NUM
dem-11745	92	2	%	%	NOUN
dem-11745	92	3	of	of	ADP
dem-11745	92	4	all	all	DET
dem-11745	92	5	transactions	transaction	NOUN
dem-11745	92	6	.	.	PUNCT
dem-11745	93	1	the	the	DET
dem-11745	93	2	us	us	PROPN
dem-11745	93	3	dollar	dollar	NOUN
dem-11745	93	4	covered	cover	VERB
dem-11745	93	5	approximately	approximately	ADV
dem-11745	93	6	13	13	NUM
dem-11745	93	7	%	%	NOUN
dem-11745	93	8	of	of	ADP
dem-11745	93	9	all	all	DET
dem-11745	93	10	transactions	transaction	NOUN
dem-11745	93	11	performed	perform	VERB
dem-11745	93	12	on	on	ADP
dem-11745	93	13	bitcoin	bitcoin	NOUN
dem-11745	93	14	,	,	PUNCT
dem-11745	93	15	euro	euro	NOUN
dem-11745	93	16	ca	ca	NOUN
dem-11745	93	17	.	.	PUNCT
dem-11745	94	1	1	1	NUM
dem-11745	94	2	%	%	NOUN
dem-11745	94	3	,	,	PUNCT
dem-11745	94	4	british	british	ADJ
dem-11745	94	5	pound	pound	PROPN
dem-11745	94	6	ca	ca	NOUN
dem-11745	94	7	.	.	PUNCT
dem-11745	95	1	0.3	0.3	NUM
dem-11745	95	2	%	%	NOUN
dem-11745	95	3	and	and	CCONJ
dem-11745	95	4	polish	polish	ADJ
dem-11745	95	5	zloty	zloty	NOUN
dem-11745	95	6	ca	ca	NOUN
dem-11745	95	7	.	.	PUNCT
dem-11745	95	8	0.2	0.2	NUM
dem-11745	95	9	%	%	NOUN
dem-11745	95	10	.	.	PUNCT
dem-11745	96	1	dependency	dependency	NOUN
dem-11745	96	2	analysis	analysis	NOUN
dem-11745	96	3	between	between	ADP
dem-11745	96	4	bitcoin	bitcoin	NOUN
dem-11745	96	5	and	and	CCONJ
dem-11745	96	6	selected	select	VERB
dem-11745	96	7	global	global	ADJ
dem-11745	96	8	currencies	currency	NOUN
dem-11745	96	9	dynamic	dynamic	ADJ
dem-11745	96	10	econometric	econometric	ADJ
dem-11745	96	11	models	model	NOUN
dem-11745	96	12	16	16	NUM
dem-11745	96	13	(	(	PUNCT
dem-11745	96	14	2016	2016	NUM
dem-11745	96	15	)	)	PUNCT
dem-11745	96	16	133–144	133–144	NUM
dem-11745	96	17	139	139	NUM
dem-11745	96	18	table	table	NOUN
dem-11745	96	19	1	1	NUM
dem-11745	96	20	.	.	X
dem-11745	97	1	testing	testing	NOUN
dem-11745	97	2	for	for	ADP
dem-11745	97	3	the	the	DET
dem-11745	97	4	unit	unit	NOUN
dem-11745	97	5	roots	root	NOUN
dem-11745	97	6	and	and	CCONJ
dem-11745	97	7	stationarity	stationarity	NOUN
dem-11745	97	8	results	result	NOUN
dem-11745	97	9	for	for	ADP
dem-11745	97	10	the	the	DET
dem-11745	97	11	logarithmic	logarithmic	ADJ
dem-11745	97	12	rate	rate	NOUN
dem-11745	97	13	of	of	ADP
dem-11745	97	14	return	return	NOUN
dem-11745	97	15	for	for	ADP
dem-11745	97	16	bitcoin	bitcoin	NOUN
dem-11745	97	17	to	to	ADP
dem-11745	97	18	zloty	zloty	NOUN
dem-11745	97	19	(	(	PUNCT
dem-11745	97	20	rbtc	rbtc	PROPN
dem-11745	97	21	/	/	SYM
dem-11745	97	22	pln	pln	PROPN
dem-11745	97	23	)	)	PUNCT
dem-11745	97	24	,	,	PUNCT
dem-11745	97	25	euro	euro	VERB
dem-11745	97	26	to	to	ADP
dem-11745	97	27	zloty	zloty	NOUN
dem-11745	97	28	(	(	PUNCT
dem-11745	97	29	reur	reur	PROPN
dem-11745	97	30	/	/	SYM
dem-11745	97	31	pln	pln	PROPN
dem-11745	97	32	)	)	PUNCT
dem-11745	97	33	,	,	PUNCT
dem-11745	97	34	dollar	dollar	NOUN
dem-11745	97	35	to	to	ADP
dem-11745	97	36	zloty	zloty	NOUN
dem-11745	97	37	(	(	PUNCT
dem-11745	97	38	rusd	rusd	NOUN
dem-11745	97	39	/	/	SYM
dem-11745	97	40	pln	pln	PROPN
dem-11745	97	41	)	)	PUNCT
dem-11745	97	42	,	,	PUNCT
dem-11745	97	43	pound	pound	NOUN
dem-11745	97	44	to	to	ADP
dem-11745	97	45	zloty	zloty	NOUN
dem-11745	97	46	(	(	PUNCT
dem-11745	97	47	rgbp	rgbp	NOUN
dem-11745	97	48	/	/	SYM
dem-11745	97	49	pln	pln	PROPN
dem-11745	97	50	)	)	PUNCT
dem-11745	97	51	,	,	PUNCT
dem-11745	97	52	daily	daily	ADJ
dem-11745	97	53	observations	observation	NOUN
dem-11745	97	54	from	from	ADP
dem-11745	97	55	the	the	DET
dem-11745	97	56	period	period	NOUN
dem-11745	97	57	jan	jan	PROPN
dem-11745	97	58	.	.	PROPN
dem-11745	97	59	2014	2014	NUM
dem-11745	97	60	–	–	PUNCT
dem-11745	97	61	june	june	PROPN
dem-11745	97	62	,	,	PUNCT
dem-11745	97	63	2016	2016	NUM
dem-11745	97	64	dickey	dickey	PROPN
dem-11745	97	65	-	-	PUNCT
dem-11745	97	66	fuller	full	ADJ
dem-11745	97	67	unit	unit	NOUN
dem-11745	97	68	root	root	NOUN
dem-11745	97	69	tests	test	VERB
dem-11745	97	70	variable	variable	ADJ
dem-11745	97	71	zero	zero	NUM
dem-11745	97	72	mean	mean	VERB
dem-11745	97	73	p	p	NOUN
dem-11745	97	74	-	-	PUNCT
dem-11745	97	75	value	value	NOUN
dem-11745	97	76	single	single	ADJ
dem-11745	97	77	mean	mean	NOUN
dem-11745	97	78	p	p	ADJ
dem-11745	97	79	-	-	PUNCT
dem-11745	97	80	value	value	NOUN
dem-11745	97	81	trend	trend	NOUN
dem-11745	97	82	p	p	NOUN
dem-11745	97	83	-	-	PUNCT
dem-11745	97	84	value	value	NOUN
dem-11745	97	85	rbtc	rbtc	NOUN
dem-11745	97	86	/	/	SYM
dem-11745	97	87	pln	pln	PROPN
dem-11745	97	88	–	–	PUNCT
dem-11745	97	89	17.54	17.54	NUM
dem-11745	97	90	<	<	X
dem-11745	97	91	.0001	.0001	X
dem-11745	97	92	–	–	PUNCT
dem-11745	97	93	17.53	17.53	NUM
dem-11745	97	94	<	<	X
dem-11745	97	95	.0001	.0001	X
dem-11745	97	96	–	–	PUNCT
dem-11745	97	97	17.74	17.74	NUM
dem-11745	97	98	<	<	NOUN
dem-11745	97	99	.0001	.0001	X
dem-11745	97	100	reur	reur	PROPN
dem-11745	97	101	/	/	SYM
dem-11745	97	102	pln	pln	PROPN
dem-11745	97	103	–	–	PUNCT
dem-11745	97	104	16.68	16.68	NUM
dem-11745	97	105	<	<	X
dem-11745	97	106	.0001	.0001	X
dem-11745	97	107	–	–	PUNCT
dem-11745	97	108	16.68	16.68	NUM
dem-11745	97	109	<	<	X
dem-11745	97	110	.0001	.0001	X
dem-11745	97	111	–	–	PUNCT
dem-11745	97	112	16.68	16.68	NUM
dem-11745	97	113	<	<	X
dem-11745	97	114	.0001	.0001	X
dem-11745	97	115	rusd	rusd	PROPN
dem-11745	97	116	/	/	SYM
dem-11745	97	117	pln	pln	PROPN
dem-11745	97	118	–	–	PUNCT
dem-11745	97	119	16.25	16.25	NUM
dem-11745	97	120	<	<	X
dem-11745	97	121	.0001	.0001	X
dem-11745	97	122	–	–	PUNCT
dem-11745	97	123	16.32	16.32	NUM
dem-11745	97	124	<	<	X
dem-11745	97	125	.0001	.0001	X
dem-11745	97	126	–	–	PUNCT
dem-11745	97	127	16.32	16.32	NUM
dem-11745	97	128	<	<	NOUN
dem-11745	97	129	.0001	.0001	PROPN
dem-11745	97	130	rgbp	rgbp	NOUN
dem-11745	97	131	/	/	SYM
dem-11745	97	132	pln	pln	PROPN
dem-11745	97	133	–	–	PUNCT
dem-11745	97	134	15.73	15.73	NUM
dem-11745	97	135	<	<	X
dem-11745	97	136	.0001	.0001	X
dem-11745	97	137	–	–	PUNCT
dem-11745	97	138	15.75	15.75	NUM
dem-11745	97	139	<	<	X
dem-11745	97	140	.0001	.0001	X
dem-11745	97	141	–	–	PUNCT
dem-11745	97	142	15.75	15.75	NUM
dem-11745	97	143	<	<	X
dem-11745	97	144	.0001	.0001	X
dem-11745	97	145	rcny	rcny	PROPN
dem-11745	97	146	/	/	SYM
dem-11745	97	147	pln	pln	PROPN
dem-11745	97	148	–	–	PUNCT
dem-11745	97	149	16.42	16.42	NUM
dem-11745	97	150	<	<	X
dem-11745	97	151	.0001	.0001	X
dem-11745	97	152	–	–	PUNCT
dem-11745	97	153	16.44	16.44	NUM
dem-11745	97	154	<	<	X
dem-11745	97	155	.0001	.0001	X
dem-11745	97	156	–	–	PUNCT
dem-11745	97	157	16.44	16.44	NUM
dem-11745	97	158	<	<	X
dem-11745	97	159	.0001	.0001	X
dem-11745	97	160	note	note	NOUN
dem-11745	97	161	:	:	PUNCT
dem-11745	97	162	adf	adf	NOUN
dem-11745	97	163	computes	compute	VERB
dem-11745	97	164	a	a	DET
dem-11745	97	165	test	test	NOUN
dem-11745	97	166	statistic	statistic	NOUN
dem-11745	97	167	for	for	ADP
dem-11745	97	168	the	the	DET
dem-11745	97	169	time	time	NOUN
dem-11745	97	170	series	series	NOUN
dem-11745	97	171	with	with	ADP
dem-11745	97	172	a	a	DET
dem-11745	97	173	zero	zero	NUM
dem-11745	97	174	mean	mean	NOUN
dem-11745	97	175	,	,	PUNCT
dem-11745	97	176	a	a	DET
dem-11745	97	177	single	single	ADJ
dem-11745	97	178	mean	mean	NOUN
dem-11745	97	179	,	,	PUNCT
dem-11745	97	180	which	which	PRON
dem-11745	97	181	includes	include	VERB
dem-11745	97	182	a	a	DET
dem-11745	97	183	constant	constant	ADJ
dem-11745	97	184	term	term	NOUN
dem-11745	97	185	and	and	CCONJ
dem-11745	97	186	a	a	DET
dem-11745	97	187	trend	trend	NOUN
dem-11745	97	188	,	,	PUNCT
dem-11745	97	189	which	which	PRON
dem-11745	97	190	includes	include	VERB
dem-11745	97	191	constant	constant	ADJ
dem-11745	97	192	and	and	CCONJ
dem-11745	97	193	a	a	DET
dem-11745	97	194	deterministic	deterministic	ADJ
dem-11745	97	195	trend	trend	NOUN
dem-11745	97	196	.	.	PUNCT
dem-11745	98	1	for	for	ADP
dem-11745	98	2	the	the	DET
dem-11745	98	3	adopted	adopt	VERB
dem-11745	98	4	order	order	NOUN
dem-11745	98	5	of	of	ADP
dem-11745	98	6	the	the	DET
dem-11745	98	7	model	model	NOUN
dem-11745	98	8	p	p	PROPN
dem-11745	98	9	and	and	CCONJ
dem-11745	98	10	q	q	NOUN
dem-11745	98	11	,	,	PUNCT
dem-11745	98	12	selected	select	VERB
dem-11745	98	13	by	by	ADP
dem-11745	98	14	the	the	DET
dem-11745	98	15	smallest	small	ADJ
dem-11745	98	16	value	value	NOUN
dem-11745	98	17	of	of	ADP
dem-11745	98	18	corrected	correct	VERB
dem-11745	98	19	akaike	akaike	ADJ
dem-11745	98	20	inrofmation	inrofmation	NOUN
dem-11745	98	21	criterion	criterion	NOUN
dem-11745	98	22	,	,	PUNCT
dem-11745	98	23	arma	arma	PROPN
dem-11745	98	24	model	model	NOUN
dem-11745	98	25	parameters	parameter	NOUN
dem-11745	98	26	were	be	AUX
dem-11745	98	27	estimated	estimate	VERB
dem-11745	98	28	and	and	CCONJ
dem-11745	98	29	the	the	DET
dem-11745	98	30	results	result	NOUN
dem-11745	98	31	are	be	AUX
dem-11745	98	32	presented	present	VERB
dem-11745	98	33	in	in	ADP
dem-11745	98	34	table	table	NOUN
dem-11745	98	35	2	2	NUM
dem-11745	98	36	.	.	PUNCT
dem-11745	99	1	none	none	NOUN
dem-11745	99	2	of	of	ADP
dem-11745	99	3	the	the	DET
dem-11745	99	4	lagged	lag	VERB
dem-11745	99	5	dependent	dependent	ADJ
dem-11745	99	6	variables	variable	NOUN
dem-11745	99	7	were	be	AUX
dem-11745	99	8	statistically	statistically	ADV
dem-11745	99	9	significant	significant	ADJ
dem-11745	99	10	in	in	ADP
dem-11745	99	11	explaining	explain	VERB
dem-11745	99	12	dependency	dependency	NOUN
dem-11745	99	13	between	between	ADP
dem-11745	99	14	bitcoin	bitcoin	ADJ
dem-11745	99	15	and	and	CCONJ
dem-11745	99	16	other	other	ADJ
dem-11745	99	17	currencies	currency	NOUN
dem-11745	99	18	.	.	PUNCT
dem-11745	100	1	the	the	DET
dem-11745	100	2	p	p	NOUN
dem-11745	100	3	-	-	PUNCT
dem-11745	100	4	values	value	NOUN
dem-11745	100	5	are	be	AUX
dem-11745	100	6	clearly	clearly	ADV
dem-11745	100	7	above	above	ADP
dem-11745	100	8	the	the	DET
dem-11745	100	9	5	5	NUM
dem-11745	100	10	%	%	NOUN
dem-11745	100	11	significance	significance	NOUN
dem-11745	100	12	level	level	NOUN
dem-11745	100	13	.	.	PUNCT
dem-11745	101	1	the	the	DET
dem-11745	101	2	results	result	NOUN
dem-11745	101	3	indicate	indicate	VERB
dem-11745	101	4	,	,	PUNCT
dem-11745	101	5	that	that	SCONJ
dem-11745	101	6	no	no	DET
dem-11745	101	7	dependency	dependency	NOUN
dem-11745	101	8	exists	exist	VERB
dem-11745	101	9	between	between	ADP
dem-11745	101	10	logarithmic	logarithmic	ADJ
dem-11745	101	11	rate	rate	NOUN
dem-11745	101	12	of	of	ADP
dem-11745	101	13	return	return	NOUN
dem-11745	101	14	of	of	ADP
dem-11745	101	15	bitcoin	bitcoin	NOUN
dem-11745	101	16	to	to	ADP
dem-11745	101	17	zloty	zloty	NOUN
dem-11745	101	18	and	and	CCONJ
dem-11745	101	19	all	all	DET
dem-11745	101	20	other	other	ADJ
dem-11745	101	21	exchange	exchange	NOUN
dem-11745	101	22	rates	rate	NOUN
dem-11745	101	23	in	in	ADP
dem-11745	101	24	modeling	model	VERB
dem-11745	101	25	conditional	conditional	ADJ
dem-11745	101	26	mean	mean	NOUN
dem-11745	101	27	.	.	PUNCT
dem-11745	102	1	table	table	NOUN
dem-11745	102	2	2	2	NUM
dem-11745	102	3	.	.	X
dem-11745	102	4	results	result	NOUN
dem-11745	102	5	for	for	ADP
dem-11745	102	6	the	the	DET
dem-11745	102	7	significance	significance	NOUN
dem-11745	102	8	test	test	NOUN
dem-11745	102	9	for	for	ADP
dem-11745	102	10	the	the	DET
dem-11745	102	11	estimated	estimate	VERB
dem-11745	102	12	arma(1,0	arma(1,0	PROPN
dem-11745	102	13	)	)	PUNCT
dem-11745	102	14	model	model	NOUN
dem-11745	102	15	for	for	ADP
dem-11745	102	16	the	the	DET
dem-11745	102	17	btc	btc	PROPN
dem-11745	102	18	/	/	SYM
dem-11745	102	19	pln	pln	PROPN
dem-11745	102	20	as	as	ADP
dem-11745	102	21	an	an	DET
dem-11745	102	22	dependent	dependent	ADJ
dem-11745	102	23	variable	variable	ADJ
dem-11745	102	24	arma	arma	PROPN
dem-11745	102	25	rusd	rusd	PROPN
dem-11745	102	26	/	/	SYM
dem-11745	102	27	pln	pln	PROPN
dem-11745	102	28	reur	reur	PROPN
dem-11745	102	29	/	/	SYM
dem-11745	102	30	pln	pln	PROPN
dem-11745	102	31	rgbp	rgbp	PROPN
dem-11745	102	32	/	/	SYM
dem-11745	102	33	pln	pln	PROPN
dem-11745	102	34	rcny	rcny	PROPN
dem-11745	102	35	/	/	SYM
dem-11745	102	36	pln	pln	PROPN
dem-11745	102	37	const	const	PROPN
dem-11745	102	38	0.01410	0.01410	NUM
dem-11745	103	1	0.02764	0.02764	NUM
dem-11745	103	2	0.01374	0.01374	NUM
dem-11745	103	3	0.02496	0.02496	NUM
dem-11745	103	4	btc	btc	PROPN
dem-11745	103	5	/	/	SYM
dem-11745	103	6	pln	pln	PROPN
dem-11745	103	7	(	(	PUNCT
dem-11745	103	8	t–1	t–1	PROPN
dem-11745	103	9	)	)	PUNCT
dem-11745	103	10	0.04343	0.04343	NUM
dem-11745	103	11	0.04758	0.04758	NUM
dem-11745	103	12	0.04593	0.04593	NUM
dem-11745	103	13	0.04629	0.04629	NUM
dem-11745	103	14	rx	rx	NOUN
dem-11745	103	15	/	/	SYM
dem-11745	103	16	pln	pln	PROPN
dem-11745	103	17	(	(	PUNCT
dem-11745	103	18	t–1	t–1	PROPN
dem-11745	103	19	)	)	PUNCT
dem-11745	103	20	0.19033	0.19033	NUM
dem-11745	103	21	–	–	PUNCT
dem-11745	103	22	0.50527	0.50527	NUM
dem-11745	103	23	0.42876	0.42876	NUM
dem-11745	103	24	–	–	PUNCT
dem-11745	103	25	0.09269	0.09269	NUM
dem-11745	103	26	p	p	NOUN
dem-11745	103	27	rusd	rusd	PROPN
dem-11745	103	28	/	/	SYM
dem-11745	103	29	pln	pln	PROPN
dem-11745	103	30	reur	reur	PROPN
dem-11745	103	31	/	/	SYM
dem-11745	103	32	pln	pln	PROPN
dem-11745	103	33	rgbp	rgbp	PROPN
dem-11745	103	34	/	/	SYM
dem-11745	103	35	pln	pln	PROPN
dem-11745	103	36	rcny	rcny	PROPN
dem-11745	103	37	/	/	SYM
dem-11745	103	38	pln	pln	PROPN
dem-11745	103	39	const	const	PROPN
dem-11745	103	40	0.9321	0.9321	NUM
dem-11745	103	41	0.8671	0.8671	NUM
dem-11745	103	42	0.9337	0.9337	NUM
dem-11745	103	43	0.8800	0.8800	NUM
dem-11745	103	44	btc	btc	PROPN
dem-11745	103	45	/	/	SYM
dem-11745	103	46	pln	pln	PROPN
dem-11745	103	47	(	(	PUNCT
dem-11745	103	48	t–1	t–1	PROPN
dem-11745	103	49	)	)	PUNCT
dem-11745	104	1	0.04015	0.04015	NUM
dem-11745	105	1	0.2360	0.2360	NUM
dem-11745	105	2	0.2516	0.2516	NUM
dem-11745	105	3	0.2502	0.2502	NUM
dem-11745	105	4	rx	rx	PROPN
dem-11745	105	5	/	/	SYM
dem-11745	105	6	pln	pln	PROPN
dem-11745	105	7	(	(	PUNCT
dem-11745	105	8	t–1	t–1	NOUN
dem-11745	105	9	)	)	PUNCT
dem-11745	105	10	0.26859	0.26859	NUM
dem-11745	105	11	0.2721	0.2721	NUM
dem-11745	105	12	0.1531	0.1531	NUM
dem-11745	105	13	0.7314	0.7314	NUM
dem-11745	105	14	std.err	std.err	NOUN
dem-11745	105	15	.	.	PUNCT
dem-11745	106	1	rusd	rusd	PROPN
dem-11745	106	2	/	/	SYM
dem-11745	106	3	pln	pln	PROPN
dem-11745	106	4	reur	reur	PROPN
dem-11745	106	5	/	/	SYM
dem-11745	106	6	pln	pln	PROPN
dem-11745	106	7	rgbp	rgbp	PROPN
dem-11745	106	8	/	/	SYM
dem-11745	106	9	pln	pln	PROPN
dem-11745	106	10	rcny	rcny	PROPN
dem-11745	106	11	/	/	SYM
dem-11745	106	12	pln	pln	PROPN
dem-11745	106	13	const	const	PROPN
dem-11745	106	14	0.16549	0.16549	PROPN
dem-11745	106	15	0.16506	0.16506	NUM
dem-11745	106	16	0.16499	0.16499	NUM
dem-11745	106	17	0.16532	0.16532	NUM
dem-11745	106	18	btc	btc	PROPN
dem-11745	106	19	/	/	SYM
dem-11745	106	20	pln	pln	PROPN
dem-11745	106	21	(	(	PUNCT
dem-11745	106	22	t–1	t–1	NOUN
dem-11745	106	23	)	)	PUNCT
dem-11745	106	24	0.2798	0.2798	NUM
dem-11745	106	25	0.04011	0.04011	NUM
dem-11745	106	26	0.04003	0.04003	NUM
dem-11745	106	27	0.04022	0.04022	NUM
dem-11745	106	28	rx	rx	NOUN
dem-11745	106	29	/	/	SYM
dem-11745	106	30	pln	pln	PROPN
dem-11745	106	31	(	(	PUNCT
dem-11745	106	32	t–1	t–1	PROPN
dem-11745	106	33	)	)	PUNCT
dem-11745	106	34	0.4788	0.4788	NUM
dem-11745	106	35	0.45963	0.45963	NUM
dem-11745	106	36	0.29974	0.29974	NUM
dem-11745	106	37	0.26988	0.26988	NUM
dem-11745	106	38	note	note	NOUN
dem-11745	106	39	:	:	PUNCT
dem-11745	106	40	btc	btc	PROPN
dem-11745	106	41	/	/	SYM
dem-11745	106	42	pln(t–1	pln(t–1	PROPN
dem-11745	106	43	)	)	PUNCT
dem-11745	106	44	is	be	AUX
dem-11745	106	45	a	a	DET
dem-11745	106	46	lagged	lag	VERB
dem-11745	106	47	by	by	ADP
dem-11745	106	48	one	one	NUM
dem-11745	106	49	period	period	NOUN
dem-11745	106	50	btc	btc	PROPN
dem-11745	106	51	/	/	SYM
dem-11745	106	52	pln	pln	PROPN
dem-11745	106	53	,	,	PUNCT
dem-11745	106	54	rx	rx	ADJ
dem-11745	106	55	/	/	SYM
dem-11745	106	56	pln(t–1	pln(t–1	PROPN
dem-11745	106	57	)	)	PUNCT
dem-11745	106	58	–	–	PUNCT
dem-11745	106	59	lagged	lag	VERB
dem-11745	106	60	by	by	ADP
dem-11745	106	61	one	one	NUM
dem-11745	106	62	period	period	NOUN
dem-11745	106	63	independent	independent	ADJ
dem-11745	106	64	variable	variable	NOUN
dem-11745	106	65	,	,	PUNCT
dem-11745	106	66	i.e.	i.e.	X
dem-11745	106	67	rusd	rusd	PROPN
dem-11745	106	68	/	/	SYM
dem-11745	106	69	pln	pln	PROPN
dem-11745	106	70	,	,	PUNCT
dem-11745	106	71	reur	reur	PROPN
dem-11745	106	72	/	/	SYM
dem-11745	106	73	pln	pln	PROPN
dem-11745	106	74	,	,	PUNCT
dem-11745	106	75	rgbp	rgbp	NOUN
dem-11745	106	76	/	/	SYM
dem-11745	106	77	pln	pln	PROPN
dem-11745	106	78	,	,	PUNCT
dem-11745	106	79	rcny	rcny	PROPN
dem-11745	106	80	/	/	SYM
dem-11745	106	81	pln	pln	PROPN
dem-11745	106	82	.	.	PUNCT
dem-11745	107	1	we	we	PRON
dem-11745	107	2	have	have	AUX
dem-11745	107	3	applied	apply	VERB
dem-11745	107	4	the	the	DET
dem-11745	107	5	lagrange	lagrange	NOUN
dem-11745	107	6	multiplier	multipli	ADJ
dem-11745	107	7	test	test	NOUN
dem-11745	107	8	to	to	PART
dem-11745	107	9	detect	detect	VERB
dem-11745	107	10	the	the	DET
dem-11745	107	11	arch	arch	ADJ
dem-11745	107	12	effects	effect	NOUN
dem-11745	107	13	in	in	ADP
dem-11745	107	14	residuals	residual	NOUN
dem-11745	107	15	.	.	PUNCT
dem-11745	108	1	the	the	DET
dem-11745	108	2	highly	highly	ADV
dem-11745	108	3	significant	significant	ADJ
dem-11745	108	4	p	p	NOUN
dem-11745	108	5	-	-	PUNCT
dem-11745	108	6	value	value	NOUN
dem-11745	108	7	(	(	PUNCT
dem-11745	108	8	<	<	NOUN
dem-11745	108	9	.0001	.0001	NOUN
dem-11745	108	10	)	)	PUNCT
dem-11745	108	11	points	point	NOUN
dem-11745	108	12	at	at	ADP
dem-11745	108	13	rejection	rejection	NOUN
dem-11745	108	14	of	of	ADP
dem-11745	108	15	the	the	DET
dem-11745	108	16	null	null	ADJ
dem-11745	108	17	hypothesis	hypothesis	NOUN
dem-11745	108	18	,	,	PUNCT
dem-11745	108	19	what	what	PRON
dem-11745	108	20	indicates	indicate	VERB
dem-11745	108	21	the	the	DET
dem-11745	108	22	existence	existence	NOUN
dem-11745	108	23	of	of	ADP
dem-11745	108	24	autocorrelation	autocorrelation	NOUN
dem-11745	108	25	in	in	ADP
dem-11745	108	26	residuals	residual	NOUN
dem-11745	108	27	.	.	PUNCT
dem-11745	109	1	to	to	PART
dem-11745	109	2	model	model	VERB
dem-11745	109	3	the	the	DET
dem-11745	109	4	conditional	conditional	ADJ
dem-11745	109	5	variance	variance	NOUN
dem-11745	109	6	,	,	PUNCT
dem-11745	109	7	we	we	PRON
dem-11745	109	8	have	have	AUX
dem-11745	109	9	estimated	estimate	VERB
dem-11745	109	10	forty	forty	NUM
dem-11745	109	11	different	different	ADJ
dem-11745	109	12	beata	beata	NOUN
dem-11745	109	13	szetela	szetela	NOUN
dem-11745	109	14	,	,	PUNCT
dem-11745	109	15	grzegorz	grzegorz	NOUN
dem-11745	109	16	mentel	mentel	NOUN
dem-11745	109	17	,	,	PUNCT
dem-11745	109	18	stanisław	stanisław	VERB
dem-11745	109	19	gędek	gędek	PROPN
dem-11745	109	20	dynamic	dynamic	ADJ
dem-11745	109	21	econometric	econometric	ADJ
dem-11745	109	22	models	model	NOUN
dem-11745	109	23	16	16	NUM
dem-11745	109	24	(	(	PUNCT
dem-11745	109	25	2016	2016	NUM
dem-11745	109	26	)	)	PUNCT
dem-11745	109	27	133–144	133–144	NUM
dem-11745	109	28	140	140	NUM
dem-11745	109	29	garch	garch	NOUN
dem-11745	109	30	models	model	NOUN
dem-11745	109	31	.	.	PUNCT
dem-11745	110	1	based	base	VERB
dem-11745	110	2	on	on	ADP
dem-11745	110	3	the	the	DET
dem-11745	110	4	smallest	small	ADJ
dem-11745	110	5	value	value	NOUN
dem-11745	110	6	of	of	ADP
dem-11745	110	7	the	the	DET
dem-11745	110	8	information	information	NOUN
dem-11745	110	9	criterion	criterion	NOUN
dem-11745	110	10	,	,	PUNCT
dem-11745	110	11	we	we	PRON
dem-11745	110	12	have	have	AUX
dem-11745	110	13	chosen	choose	VERB
dem-11745	110	14	an	an	DET
dem-11745	110	15	exponential	exponential	ADJ
dem-11745	110	16	garch(1,1	garch(1,1	NOUN
dem-11745	110	17	)	)	PUNCT
dem-11745	110	18	,	,	PUNCT
dem-11745	110	19	as	as	ADP
dem-11745	110	20	a	a	DET
dem-11745	110	21	model	model	NOUN
dem-11745	110	22	best	well	ADV
dem-11745	110	23	fitted	fit	VERB
dem-11745	110	24	to	to	ADP
dem-11745	110	25	the	the	DET
dem-11745	110	26	data	datum	NOUN
dem-11745	110	27	.	.	PUNCT
dem-11745	111	1	the	the	DET
dem-11745	111	2	results	result	NOUN
dem-11745	111	3	of	of	ADP
dem-11745	111	4	a	a	DET
dem-11745	111	5	significance	significance	NOUN
dem-11745	111	6	test	test	NOUN
dem-11745	111	7	,	,	PUNCT
dem-11745	111	8	presented	present	VERB
dem-11745	111	9	in	in	ADP
dem-11745	111	10	table	table	NOUN
dem-11745	111	11	3	3	NUM
dem-11745	111	12	show	show	NOUN
dem-11745	111	13	,	,	PUNCT
dem-11745	111	14	that	that	SCONJ
dem-11745	111	15	all	all	DET
dem-11745	111	16	egarch	egarch	NOUN
dem-11745	111	17	parameters	parameter	NOUN
dem-11745	111	18	are	be	AUX
dem-11745	111	19	statistically	statistically	ADV
dem-11745	111	20	significant	significant	ADJ
dem-11745	111	21	.	.	PUNCT
dem-11745	112	1	moreover	moreover	ADV
dem-11745	112	2	btc	btc	PROPN
dem-11745	112	3	/	/	SYM
dem-11745	112	4	pln	pln	PROPN
dem-11745	112	5	logarithmic	logarithmic	PROPN
dem-11745	112	6	exchange	exchange	PROPN
dem-11745	112	7	rate	rate	NOUN
dem-11745	112	8	is	be	AUX
dem-11745	112	9	influenced	influence	VERB
dem-11745	112	10	by	by	ADP
dem-11745	112	11	logarithmic	logarithmic	ADJ
dem-11745	112	12	exchange	exchange	NOUN
dem-11745	112	13	rate	rate	NOUN
dem-11745	112	14	of	of	ADP
dem-11745	112	15	usd	usd	PROPN
dem-11745	112	16	/	/	SYM
dem-11745	112	17	pln	pln	PROPN
dem-11745	112	18	,	,	PUNCT
dem-11745	112	19	eur	eur	PROPN
dem-11745	112	20	/	/	SYM
dem-11745	112	21	pln	pln	PROPN
dem-11745	112	22	and	and	CCONJ
dem-11745	112	23	cny	cny	PROPN
dem-11745	112	24	/	/	SYM
dem-11745	112	25	pln	pln	PROPN
dem-11745	112	26	.	.	PROPN
dem-11745	112	27	table	table	PROPN
dem-11745	112	28	3	3	NUM
dem-11745	112	29	.	.	PUNCT
dem-11745	112	30	results	result	NOUN
dem-11745	112	31	for	for	ADP
dem-11745	112	32	the	the	DET
dem-11745	112	33	significance	significance	NOUN
dem-11745	112	34	test	test	NOUN
dem-11745	112	35	for	for	ADP
dem-11745	112	36	the	the	DET
dem-11745	112	37	estimated	estimate	VERB
dem-11745	112	38	egarch(1,1	egarch(1,1	NOUN
dem-11745	112	39	)	)	PUNCT
dem-11745	112	40	model	model	NOUN
dem-11745	112	41	for	for	ADP
dem-11745	112	42	the	the	DET
dem-11745	112	43	btc	btc	PROPN
dem-11745	112	44	/	/	SYM
dem-11745	112	45	pln	pln	PROPN
dem-11745	112	46	as	as	ADP
dem-11745	112	47	an	an	DET
dem-11745	112	48	dependent	dependent	ADJ
dem-11745	112	49	variable	variable	ADJ
dem-11745	112	50	egarch	egarch	NOUN
dem-11745	112	51	rusd	rusd	PROPN
dem-11745	112	52	/	/	SYM
dem-11745	112	53	pln	pln	PROPN
dem-11745	112	54	reur	reur	PROPN
dem-11745	112	55	/	/	SYM
dem-11745	112	56	pln	pln	PROPN
dem-11745	112	57	rgbp	rgbp	PROPN
dem-11745	112	58	/	/	SYM
dem-11745	112	59	pln	pln	PROPN
dem-11745	112	60	rcny	rcny	PROPN
dem-11745	112	61	/	/	SYM
dem-11745	112	62	pln	pln	PROPN
dem-11745	112	63	rx	rx	PROPN
dem-11745	112	64	/	/	SYM
dem-11745	112	65	pln	pln	PROPN
dem-11745	112	66	0.4053	0.4053	NUM
dem-11745	112	67	0.9990	0.9990	NUM
dem-11745	112	68	–	–	PUNCT
dem-11745	112	69	0.1348	0.1348	NUM
dem-11745	112	70	0.3742	0.3742	NUM
dem-11745	112	71	earch0	earch0	NOUN
dem-11745	113	1	0.2423	0.2423	NUM
dem-11745	113	2	0.2472	0.2472	NUM
dem-11745	113	3	0.2528	0.2528	NUM
dem-11745	113	4	0.2477	0.2477	NUM
dem-11745	113	5	earch1	earch1	NOUN
dem-11745	113	6	0.2958	0.2958	NUM
dem-11745	113	7	0.2994	0.2994	NUM
dem-11745	113	8	0.3057	0.3057	NUM
dem-11745	113	9	0.2952	0.2952	NUM
dem-11745	113	10	egarch1	egarch1	NOUN
dem-11745	113	11	0.9245	0.9245	NUM
dem-11745	113	12	0.9225	0.9225	NUM
dem-11745	113	13	0.9208	0.9208	NUM
dem-11745	113	14	0.9224	0.9224	NUM
dem-11745	113	15	theta	theta	NOUN
dem-11745	113	16	–	–	PUNCT
dem-11745	113	17	0.0668	0.0668	NUM
dem-11745	113	18	–	–	PUNCT
dem-11745	113	19	0.0609	0.0609	NUM
dem-11745	113	20	–	–	PUNCT
dem-11745	113	21	0.0563	0.0563	NUM
dem-11745	113	22	–	–	PUNCT
dem-11745	113	23	0.0633	0.0633	NUM
dem-11745	113	24	restrict	restrict	NOUN
dem-11745	113	25	–	–	PUNCT
dem-11745	113	26	10.1788	10.1788	NUM
dem-11745	113	27	1.2521	1.2521	NUM
dem-11745	113	28	–	–	PUNCT
dem-11745	113	29	9.7345	9.7345	NUM
dem-11745	113	30	p	p	NOUN
dem-11745	113	31	rusd	rusd	PROPN
dem-11745	113	32	/	/	SYM
dem-11745	113	33	pln	pln	PROPN
dem-11745	113	34	reur	reur	PROPN
dem-11745	113	35	/	/	SYM
dem-11745	113	36	pln	pln	PROPN
dem-11745	113	37	rgbp	rgbp	PROPN
dem-11745	113	38	/	/	SYM
dem-11745	113	39	pln	pln	PROPN
dem-11745	113	40	rcny	rcny	PROPN
dem-11745	113	41	/	/	SYM
dem-11745	113	42	pln	pln	PROPN
dem-11745	113	43	rx	rx	PROPN
dem-11745	113	44	/	/	SYM
dem-11745	113	45	pln	pln	NOUN
dem-11745	113	46	0.0406	0.0406	NUM
dem-11745	113	47	0.0026	0.0026	NUM
dem-11745	113	48	0.5392	0.5392	NUM
dem-11745	113	49	0.0746	0.0746	NUM
dem-11745	113	50	earch0	earch0	NOUN
dem-11745	113	51	<	<	X
dem-11745	113	52	.0001	.0001	X
dem-11745	113	53	<	<	X
dem-11745	113	54	.0001	.0001	X
dem-11745	113	55	<	<	X
dem-11745	113	56	.0001	.0001	X
dem-11745	113	57	<	<	X
dem-11745	113	58	.0001	.0001	X
dem-11745	113	59	earch1	earch1	NOUN
dem-11745	114	1	<	<	X
dem-11745	114	2	.0001	.0001	X
dem-11745	114	3	<	<	X
dem-11745	114	4	.0001	.0001	X
dem-11745	114	5	<	<	X
dem-11745	114	6	.0001	.0001	X
dem-11745	114	7	<	<	X
dem-11745	114	8	.0001	.0001	X
dem-11745	114	9	egarch1	egarch1	X
dem-11745	114	10	<	<	X
dem-11745	114	11	.0001	.0001	X
dem-11745	114	12	<	<	X
dem-11745	114	13	.0001	.0001	X
dem-11745	114	14	<	<	X
dem-11745	114	15	.0001	.0001	X
dem-11745	114	16	<	<	X
dem-11745	114	17	.0001	.0001	X
dem-11745	114	18	theta	theta	NOUN
dem-11745	114	19	0.2145	0.2145	NUM
dem-11745	114	20	0.2570	0.2570	NUM
dem-11745	114	21	0.3068	0.3068	NUM
dem-11745	114	22	<	<	X
dem-11745	114	23	.0001	.0001	PUNCT
dem-11745	114	24	restrict	restrict	VERB
dem-11745	114	25	0.0210	0.0210	NUM
dem-11745	114	26	0.7469	0.7469	NUM
dem-11745	114	27	0.0301	0.0301	NUM
dem-11745	114	28	note	note	NOUN
dem-11745	114	29	:	:	PUNCT
dem-11745	114	30	rx	rx	VERB
dem-11745	114	31	/	/	SYM
dem-11745	114	32	pln	pln	NOUN
dem-11745	114	33	–	–	PUNCT
dem-11745	114	34	independent	independent	ADJ
dem-11745	114	35	variable	variable	NOUN
dem-11745	114	36	,	,	PUNCT
dem-11745	114	37	i.e.	i.e.	X
dem-11745	114	38	rusd	rusd	PROPN
dem-11745	114	39	/	/	SYM
dem-11745	114	40	pln	pln	PROPN
dem-11745	114	41	,	,	PUNCT
dem-11745	114	42	reur	reur	PROPN
dem-11745	114	43	/	/	SYM
dem-11745	114	44	pln	pln	PROPN
dem-11745	114	45	,	,	PUNCT
dem-11745	114	46	rgbp	rgbp	NOUN
dem-11745	114	47	/	/	SYM
dem-11745	114	48	pln	pln	PROPN
dem-11745	114	49	,	,	PUNCT
dem-11745	114	50	rcny	rcny	PROPN
dem-11745	114	51	/	/	SYM
dem-11745	114	52	pln	pln	PROPN
dem-11745	114	53	.	.	PUNCT
dem-11745	114	54	to	to	PART
dem-11745	114	55	confirm	confirm	VERB
dem-11745	114	56	the	the	DET
dem-11745	114	57	quality	quality	NOUN
dem-11745	114	58	of	of	ADP
dem-11745	114	59	the	the	DET
dem-11745	114	60	model	model	NOUN
dem-11745	114	61	fit	fit	NOUN
dem-11745	114	62	we	we	PRON
dem-11745	114	63	performed	perform	VERB
dem-11745	114	64	the	the	DET
dem-11745	114	65	bds	bds	NOUN
dem-11745	114	66	test	test	NOUN
dem-11745	114	67	(	(	PUNCT
dem-11745	114	68	table	table	NOUN
dem-11745	114	69	4	4	NUM
dem-11745	114	70	)	)	PUNCT
dem-11745	114	71	and	and	CCONJ
dem-11745	114	72	stability	stability	NOUN
dem-11745	114	73	of	of	ADP
dem-11745	114	74	the	the	DET
dem-11745	114	75	parameters	parameter	NOUN
dem-11745	114	76	were	be	AUX
dem-11745	114	77	verified	verify	VERB
dem-11745	114	78	by	by	ADP
dem-11745	114	79	the	the	DET
dem-11745	114	80	chow	chow	PROPN
dem-11745	114	81	test	test	NOUN
dem-11745	114	82	(	(	PUNCT
dem-11745	114	83	table	table	NOUN
dem-11745	114	84	5	5	NUM
dem-11745	114	85	)	)	PUNCT
dem-11745	114	86	.	.	PUNCT
dem-11745	115	1	table	table	NOUN
dem-11745	115	2	4	4	NUM
dem-11745	115	3	.	.	PUNCT
dem-11745	115	4	results	result	NOUN
dem-11745	115	5	for	for	ADP
dem-11745	115	6	the	the	DET
dem-11745	115	7	bds	bds	NOUN
dem-11745	115	8	test	test	NOUN
dem-11745	115	9	for	for	ADP
dem-11745	115	10	the	the	DET
dem-11745	115	11	estimated	estimate	VERB
dem-11745	115	12	egarch(1,1	egarch(1,1	NOUN
dem-11745	115	13	)	)	PUNCT
dem-11745	115	14	model	model	NOUN
dem-11745	115	15	for	for	ADP
dem-11745	115	16	the	the	DET
dem-11745	115	17	btc	btc	PROPN
dem-11745	115	18	/	/	SYM
dem-11745	115	19	pln	pln	PROPN
dem-11745	115	20	as	as	ADP
dem-11745	115	21	an	an	DET
dem-11745	115	22	dependent	dependent	ADJ
dem-11745	115	23	variable	variable	ADJ
dem-11745	115	24	bds	bds	NOUN
dem-11745	115	25	test	test	NOUN
dem-11745	115	26	eur	eur	PROPN
dem-11745	115	27	/	/	SYM
dem-11745	115	28	pln	pln	PROPN
dem-11745	115	29	usd	usd	PROPN
dem-11745	115	30	/	/	SYM
dem-11745	115	31	pln	pln	PROPN
dem-11745	115	32	gbp	gbp	PROPN
dem-11745	115	33	/	/	SYM
dem-11745	115	34	pln	pln	PROPN
dem-11745	115	35	cny	cny	PROPN
dem-11745	115	36	/	/	SYM
dem-11745	115	37	pln	pln	PROPN
dem-11745	115	38	dimension	dimension	PROPN
dem-11745	115	39	bds	bds	NOUN
dem-11745	115	40	pr	pr	X
dem-11745	115	41	>	>	X
dem-11745	115	42	|bds|	|bds|	ADJ
dem-11745	115	43	bds	bds	NOUN
dem-11745	115	44	pr	pr	X
dem-11745	115	45	>	>	X
dem-11745	115	46	|bds|	|bds|	ADJ
dem-11745	115	47	bds	bds	NOUN
dem-11745	115	48	pr	pr	X
dem-11745	115	49	>	>	X
dem-11745	115	50	|bds|	|bds|	ADJ
dem-11745	115	51	bds	bds	NOUN
dem-11745	115	52	pr	pr	X
dem-11745	115	53	>	>	X
dem-11745	116	1	|bds|	|bds|	ADJ
dem-11745	116	2	2	2	NUM
dem-11745	116	3	0.7035	0.7035	NUM
dem-11745	116	4	0.4817	0.4817	NUM
dem-11745	116	5	0.7654	0.7654	NUM
dem-11745	116	6	0.4440	0.4440	NUM
dem-11745	116	7	0.6031	0.6031	NUM
dem-11745	116	8	0.5465	0.5465	NUM
dem-11745	116	9	0.8044	0.8044	NUM
dem-11745	116	10	0.4211	0.4211	NUM
dem-11745	116	11	3	3	NUM
dem-11745	116	12	0.3521	0.3521	NUM
dem-11745	116	13	0.7247	0.7247	NUM
dem-11745	116	14	0.4092	0.4092	NUM
dem-11745	116	15	0.6824	0.6824	NUM
dem-11745	116	16	0.2908	0.2908	NUM
dem-11745	116	17	0.7712	0.7712	NUM
dem-11745	116	18	0.4463	0.4463	NUM
dem-11745	116	19	0.6554	0.6554	NUM
dem-11745	116	20	4	4	NUM
dem-11745	116	21	0.4129	0.4129	NUM
dem-11745	116	22	0.6797	0.6797	NUM
dem-11745	116	23	0.5354	0.5354	NUM
dem-11745	116	24	0.5924	0.5924	NUM
dem-11745	116	25	0.3920	0.3920	NUM
dem-11745	116	26	0.6951	0.6951	NUM
dem-11745	116	27	0.5691	0.5691	NUM
dem-11745	116	28	0.5693	0.5693	NUM
dem-11745	116	29	5	5	NUM
dem-11745	116	30	0.5807	0.5807	NUM
dem-11745	116	31	0.5614	0.5614	NUM
dem-11745	116	32	0.7242	0.7242	NUM
dem-11745	117	1	0.4690	0.4690	NUM
dem-11745	117	2	0.5796	0.5796	NUM
dem-11745	117	3	0.5622	0.5622	NUM
dem-11745	117	4	0.7769	0.7769	NUM
dem-11745	117	5	0.4372	0.4372	NUM
dem-11745	117	6	6	6	NUM
dem-11745	117	7	0.7871	0.7871	NUM
dem-11745	117	8	0.4312	0.4312	NUM
dem-11745	117	9	0.9528	0.9528	NUM
dem-11745	117	10	0.3407	0.3407	NUM
dem-11745	117	11	0.7898	0.7898	NUM
dem-11745	117	12	0.4297	0.4297	NUM
dem-11745	117	13	1.0111	1.0111	NUM
dem-11745	117	14	0.3120	0.3120	NUM
dem-11745	117	15	7	7	NUM
dem-11745	117	16	0.9275	0.9275	NUM
dem-11745	117	17	0.3537	0.3537	NUM
dem-11745	117	18	1.0873	1.0873	NUM
dem-11745	117	19	0.2769	0.2769	NUM
dem-11745	117	20	0.9216	0.9216	NUM
dem-11745	117	21	0.3568	0.3568	NUM
dem-11745	117	22	1.1630	1.1630	NUM
dem-11745	117	23	0.2448	0.2448	NUM
dem-11745	117	24	8	8	NUM
dem-11745	117	25	0.9925	0.9925	NUM
dem-11745	117	26	0.3210	0.3210	NUM
dem-11745	117	27	1.1470	1.1470	NUM
dem-11745	117	28	0.2514	0.2514	NUM
dem-11745	117	29	0.9824	0.9824	NUM
dem-11745	117	30	0.3259	0.3259	NUM
dem-11745	117	31	1.2311	1.2311	NUM
dem-11745	117	32	0.2183	0.2183	NUM
dem-11745	117	33	9	9	NUM
dem-11745	117	34	0.9798	0.9798	NUM
dem-11745	117	35	0.3272	0.3272	NUM
dem-11745	117	36	1.1308	1.1308	NUM
dem-11745	117	37	0.2582	0.2582	NUM
dem-11745	118	1	0.9781	0.9781	NUM
dem-11745	118	2	0.3280	0.3280	NUM
dem-11745	118	3	1.2127	1.2127	NUM
dem-11745	118	4	0.2252	0.2252	NUM
dem-11745	118	5	10	10	NUM
dem-11745	118	6	0.8498	0.8498	NUM
dem-11745	118	7	0.3954	0.3954	NUM
dem-11745	118	8	0.9882	0.9882	NUM
dem-11745	118	9	0.3231	0.3231	NUM
dem-11745	118	10	0.8494	0.8494	NUM
dem-11745	118	11	0.3956	0.3956	NUM
dem-11745	118	12	1.0701	1.0701	NUM
dem-11745	118	13	0.2846	0.2846	NUM
dem-11745	118	14	note	note	NOUN
dem-11745	118	15	:	:	PUNCT
dem-11745	118	16	test	test	NOUN
dem-11745	118	17	prints	print	NOUN
dem-11745	118	18	the	the	DET
dem-11745	118	19	results	result	NOUN
dem-11745	118	20	for	for	ADP
dem-11745	118	21	the	the	DET
dem-11745	118	22	correlation	correlation	NOUN
dem-11745	118	23	between	between	ADP
dem-11745	118	24	residuals	residual	NOUN
dem-11745	118	25	up	up	ADP
dem-11745	118	26	to	to	PART
dem-11745	118	27	10	10	NUM
dem-11745	118	28	lags	lag	NOUN
dem-11745	118	29	.	.	PUNCT
dem-11745	119	1	dependency	dependency	NOUN
dem-11745	119	2	analysis	analysis	NOUN
dem-11745	119	3	between	between	ADP
dem-11745	119	4	bitcoin	bitcoin	NOUN
dem-11745	119	5	and	and	CCONJ
dem-11745	119	6	selected	select	VERB
dem-11745	119	7	global	global	ADJ
dem-11745	119	8	currencies	currency	NOUN
dem-11745	119	9	dynamic	dynamic	ADJ
dem-11745	119	10	econometric	econometric	ADJ
dem-11745	119	11	models	model	NOUN
dem-11745	119	12	16	16	NUM
dem-11745	119	13	(	(	PUNCT
dem-11745	119	14	2016	2016	NUM
dem-11745	119	15	)	)	PUNCT
dem-11745	119	16	133–144	133–144	NUM
dem-11745	119	17	141	141	NUM
dem-11745	119	18	the	the	DET
dem-11745	119	19	results	result	NOUN
dem-11745	119	20	of	of	ADP
dem-11745	119	21	bds	bds	NOUN
dem-11745	119	22	test	test	NOUN
dem-11745	119	23	indicate	indicate	VERB
dem-11745	119	24	,	,	PUNCT
dem-11745	119	25	that	that	SCONJ
dem-11745	119	26	there	there	PRON
dem-11745	119	27	exists	exist	VERB
dem-11745	119	28	no	no	DET
dem-11745	119	29	serial	serial	ADJ
dem-11745	119	30	non	non	ADJ
dem-11745	119	31	-	-	ADJ
dem-11745	119	32	linear	linear	ADJ
dem-11745	119	33	relationship	relationship	NOUN
dem-11745	119	34	between	between	ADP
dem-11745	119	35	residual	residual	ADJ
dem-11745	119	36	values	value	NOUN
dem-11745	119	37	,	,	PUNCT
dem-11745	119	38	therefore	therefore	ADV
dem-11745	119	39	it	it	PRON
dem-11745	119	40	is	be	AUX
dem-11745	119	41	assumed	assume	VERB
dem-11745	119	42	that	that	SCONJ
dem-11745	119	43	all	all	DET
dem-11745	119	44	linear	linear	ADJ
dem-11745	119	45	relationships	relationship	NOUN
dem-11745	119	46	have	have	AUX
dem-11745	119	47	previously	previously	ADV
dem-11745	119	48	been	be	AUX
dem-11745	119	49	removed	remove	VERB
dem-11745	119	50	from	from	ADP
dem-11745	119	51	the	the	DET
dem-11745	119	52	model	model	NOUN
dem-11745	119	53	,	,	PUNCT
dem-11745	119	54	what	what	PRON
dem-11745	119	55	points	point	VERB
dem-11745	119	56	at	at	ADP
dem-11745	119	57	good	good	ADJ
dem-11745	119	58	model	model	NOUN
dem-11745	119	59	fit	fit	NOUN
dem-11745	119	60	(	(	PUNCT
dem-11745	119	61	brabazon	brabazon	NOUN
dem-11745	119	62	and	and	CCONJ
dem-11745	119	63	o’neill	o’neill	PROPN
dem-11745	119	64	,	,	PUNCT
dem-11745	119	65	2008	2008	NUM
dem-11745	119	66	)	)	PUNCT
dem-11745	119	67	.	.	PUNCT
dem-11745	120	1	the	the	DET
dem-11745	120	2	results	result	NOUN
dem-11745	120	3	of	of	ADP
dem-11745	120	4	the	the	DET
dem-11745	120	5	chow	chow	PROPN
dem-11745	120	6	test	test	NOUN
dem-11745	120	7	show	show	VERB
dem-11745	120	8	that	that	SCONJ
dem-11745	120	9	at	at	ADP
dem-11745	120	10	the	the	DET
dem-11745	120	11	5	5	NUM
dem-11745	120	12	%	%	NOUN
dem-11745	120	13	significance	significance	NOUN
dem-11745	120	14	level	level	NOUN
dem-11745	120	15	the	the	DET
dem-11745	120	16	test	test	NOUN
dem-11745	120	17	has	have	AUX
dem-11745	120	18	failed	fail	VERB
dem-11745	120	19	to	to	PART
dem-11745	120	20	reject	reject	VERB
dem-11745	120	21	the	the	DET
dem-11745	120	22	null	null	ADJ
dem-11745	120	23	hypothesis	hypothesis	NOUN
dem-11745	120	24	,	,	PUNCT
dem-11745	120	25	which	which	PRON
dem-11745	120	26	assumes	assume	VERB
dem-11745	120	27	that	that	SCONJ
dem-11745	120	28	the	the	DET
dem-11745	120	29	structural	structural	ADJ
dem-11745	120	30	parameters	parameter	NOUN
dem-11745	120	31	of	of	ADP
dem-11745	120	32	the	the	DET
dem-11745	120	33	estimated	estimate	VERB
dem-11745	120	34	model	model	NOUN
dem-11745	120	35	are	be	AUX
dem-11745	120	36	stable	stable	ADJ
dem-11745	120	37	over	over	ADP
dem-11745	120	38	time	time	NOUN
dem-11745	120	39	which	which	PRON
dem-11745	120	40	provides	provide	VERB
dem-11745	120	41	a	a	DET
dem-11745	120	42	good	good	ADJ
dem-11745	120	43	fit	fit	NOUN
dem-11745	120	44	to	to	ADP
dem-11745	120	45	the	the	DET
dem-11745	120	46	data	datum	NOUN
dem-11745	120	47	model	model	NOUN
dem-11745	120	48	.	.	PUNCT
dem-11745	121	1	table	table	NOUN
dem-11745	121	2	5	5	NUM
dem-11745	121	3	.	.	PUNCT
dem-11745	122	1	results	result	NOUN
dem-11745	122	2	of	of	ADP
dem-11745	122	3	the	the	DET
dem-11745	122	4	chow	chow	PROPN
dem-11745	122	5	testing	test	VERB
dem-11745	122	6	the	the	DET
dem-11745	122	7	structural	structural	ADJ
dem-11745	122	8	stability	stability	NOUN
dem-11745	122	9	of	of	ADP
dem-11745	122	10	the	the	DET
dem-11745	122	11	parameters	parameter	NOUN
dem-11745	122	12	chow	chow	PROPN
dem-11745	122	13	test	test	NOUN
dem-11745	122	14	variable	variable	NOUN
dem-11745	122	15	f	f	PROPN
dem-11745	122	16	value	value	NOUN
dem-11745	122	17	pr	pr	X
dem-11745	122	18	>	>	X
dem-11745	122	19	f	f	PROPN
dem-11745	122	20	reur	reur	PROPN
dem-11745	122	21	/	/	SYM
dem-11745	122	22	pln	pln	PROPN
dem-11745	122	23	1.20	1.20	NUM
dem-11745	122	24	0.2733	0.2733	NUM
dem-11745	122	25	rusd	rusd	PROPN
dem-11745	122	26	/	/	SYM
dem-11745	122	27	pln	pln	PROPN
dem-11745	122	28	0.37	0.37	NUM
dem-11745	122	29	0.5415	0.5415	NUM
dem-11745	122	30	rgbp	rgbp	NOUN
dem-11745	122	31	/	/	SYM
dem-11745	122	32	pln	pln	PROPN
dem-11745	122	33	0.51	0.51	NUM
dem-11745	122	34	0.4765	0.4765	NUM
dem-11745	122	35	rcny	rcny	PROPN
dem-11745	122	36	/	/	SYM
dem-11745	122	37	pln	pln	PROPN
dem-11745	122	38	0.18	0.18	NUM
dem-11745	122	39	0.6714	0.6714	NUM
dem-11745	122	40	the	the	DET
dem-11745	122	41	above	above	ADV
dem-11745	122	42	generated	generate	VERB
dem-11745	122	43	results	result	NOUN
dem-11745	122	44	lead	lead	VERB
dem-11745	122	45	to	to	ADP
dem-11745	122	46	the	the	DET
dem-11745	122	47	conclusion	conclusion	NOUN
dem-11745	122	48	that	that	SCONJ
dem-11745	122	49	in	in	ADP
dem-11745	122	50	terms	term	NOUN
dem-11745	122	51	of	of	ADP
dem-11745	122	52	conditional	conditional	ADJ
dem-11745	122	53	mean	mean	ADJ
dem-11745	122	54	bitcoin	bitcoin	NOUN
dem-11745	122	55	to	to	ADP
dem-11745	122	56	polish	polish	ADJ
dem-11745	122	57	zloty	zloty	NOUN
dem-11745	122	58	may	may	AUX
dem-11745	122	59	be	be	AUX
dem-11745	122	60	consider	consider	VERB
dem-11745	122	61	as	as	ADP
dem-11745	122	62	independent	independent	ADJ
dem-11745	122	63	from	from	ADP
dem-11745	122	64	the	the	DET
dem-11745	122	65	impact	impact	NOUN
dem-11745	122	66	of	of	ADP
dem-11745	122	67	dollar	dollar	NOUN
dem-11745	122	68	,	,	PUNCT
dem-11745	122	69	euro	euro	NOUN
dem-11745	122	70	,	,	PUNCT
dem-11745	122	71	pound	pound	NOUN
dem-11745	122	72	and	and	CCONJ
dem-11745	122	73	yuan	yuan	NOUN
dem-11745	122	74	.	.	PUNCT
dem-11745	123	1	in	in	ADP
dem-11745	123	2	term	term	NOUN
dem-11745	123	3	of	of	ADP
dem-11745	123	4	conditional	conditional	ADJ
dem-11745	123	5	variance	variance	NOUN
dem-11745	123	6	bitcoin	bitcoin	NOUN
dem-11745	123	7	seems	seem	VERB
dem-11745	123	8	to	to	PART
dem-11745	123	9	be	be	AUX
dem-11745	123	10	dependent	dependent	ADJ
dem-11745	123	11	from	from	ADP
dem-11745	123	12	usd	usd	NOUN
dem-11745	123	13	,	,	PUNCT
dem-11745	123	14	eur	eur	NOUN
dem-11745	123	15	and	and	CCONJ
dem-11745	123	16	cny	cny	NOUN
dem-11745	123	17	,	,	PUNCT
dem-11745	123	18	therefore	therefore	ADV
dem-11745	123	19	it	it	PRON
dem-11745	123	20	can	can	AUX
dem-11745	123	21	not	not	PART
dem-11745	123	22	be	be	AUX
dem-11745	123	23	said	say	VERB
dem-11745	123	24	,	,	PUNCT
dem-11745	123	25	that	that	SCONJ
dem-11745	123	26	bitcoin	bitcoin	NOUN
dem-11745	123	27	is	be	AUX
dem-11745	123	28	fully	fully	ADV
dem-11745	123	29	independent	independent	ADJ
dem-11745	123	30	currencies	currency	NOUN
dem-11745	123	31	.	.	PUNCT
dem-11745	124	1	conclusions	conclusion	NOUN
dem-11745	124	2	one	one	NUM
dem-11745	124	3	of	of	ADP
dem-11745	124	4	the	the	DET
dem-11745	124	5	most	most	ADV
dem-11745	124	6	important	important	ADJ
dem-11745	124	7	question	question	NOUN
dem-11745	124	8	which	which	PRON
dem-11745	124	9	appear	appear	VERB
dem-11745	124	10	regarding	regard	VERB
dem-11745	124	11	bitcoin	bitcoin	NOUN
dem-11745	124	12	is	be	AUX
dem-11745	124	13	its	its	PRON
dem-11745	124	14	independency	independency	NOUN
dem-11745	124	15	.	.	PUNCT
dem-11745	125	1	this	this	PRON
dem-11745	125	2	is	be	AUX
dem-11745	125	3	one	one	NUM
dem-11745	125	4	of	of	ADP
dem-11745	125	5	its	its	PRON
dem-11745	125	6	the	the	DET
dem-11745	125	7	main	main	ADJ
dem-11745	125	8	advantages	advantage	NOUN
dem-11745	125	9	,	,	PUNCT
dem-11745	125	10	which	which	PRON
dem-11745	125	11	is	be	AUX
dem-11745	125	12	underlined	underline	VERB
dem-11745	125	13	strongly	strongly	ADV
dem-11745	125	14	by	by	ADP
dem-11745	125	15	its	its	PRON
dem-11745	125	16	supporters	supporter	NOUN
dem-11745	125	17	.	.	PUNCT
dem-11745	126	1	our	our	PRON
dem-11745	126	2	research	research	NOUN
dem-11745	126	3	has	have	AUX
dem-11745	126	4	focused	focus	VERB
dem-11745	126	5	on	on	ADP
dem-11745	126	6	the	the	DET
dem-11745	126	7	analysis	analysis	NOUN
dem-11745	126	8	of	of	ADP
dem-11745	126	9	certain	certain	ADJ
dem-11745	126	10	relationships	relationship	NOUN
dem-11745	126	11	between	between	ADP
dem-11745	126	12	bitcoin	bitcoin	PROPN
dem-11745	126	13	expressed	express	VERB
dem-11745	126	14	in	in	ADP
dem-11745	126	15	polish	polish	ADJ
dem-11745	126	16	zloty	zloty	NOUN
dem-11745	126	17	and	and	CCONJ
dem-11745	126	18	selected	select	VERB
dem-11745	126	19	global	global	ADJ
dem-11745	126	20	currencies	currency	NOUN
dem-11745	126	21	.	.	PUNCT
dem-11745	127	1	in	in	ADP
dem-11745	127	2	terms	term	NOUN
dem-11745	127	3	of	of	ADP
dem-11745	127	4	conditional	conditional	ADJ
dem-11745	127	5	mean	mean	NOUN
dem-11745	127	6	,	,	PUNCT
dem-11745	127	7	modelled	model	VERB
dem-11745	127	8	by	by	ADP
dem-11745	127	9	arma	arma	NOUN
dem-11745	127	10	process	process	NOUN
dem-11745	127	11	,	,	PUNCT
dem-11745	127	12	we	we	PRON
dem-11745	127	13	can	can	AUX
dem-11745	127	14	say	say	VERB
dem-11745	127	15	that	that	SCONJ
dem-11745	127	16	bitcoin	bitcoin	NOUN
dem-11745	127	17	is	be	AUX
dem-11745	127	18	independent	independent	ADJ
dem-11745	127	19	from	from	ADP
dem-11745	127	20	the	the	DET
dem-11745	127	21	influence	influence	NOUN
dem-11745	127	22	of	of	ADP
dem-11745	127	23	all	all	PRON
dem-11745	127	24	of	of	ADP
dem-11745	127	25	analyzed	analyze	VERB
dem-11745	127	26	currencies	currency	NOUN
dem-11745	127	27	.	.	PUNCT
dem-11745	128	1	however	however	ADV
dem-11745	128	2	bitcoin	bitcoin	PROPN
dem-11745	128	3	’s	’s	PART
dem-11745	128	4	conditional	conditional	ADJ
dem-11745	128	5	variance	variance	NOUN
dem-11745	128	6	,	,	PUNCT
dem-11745	128	7	modelled	model	VERB
dem-11745	128	8	by	by	ADP
dem-11745	128	9	garch	garch	NOUN
dem-11745	128	10	process	process	NOUN
dem-11745	128	11	,	,	PUNCT
dem-11745	128	12	is	be	AUX
dem-11745	128	13	influenced	influence	VERB
dem-11745	128	14	by	by	ADP
dem-11745	128	15	the	the	DET
dem-11745	128	16	logarithmic	logarithmic	ADJ
dem-11745	128	17	rate	rate	NOUN
dem-11745	128	18	of	of	ADP
dem-11745	128	19	return	return	NOUN
dem-11745	128	20	of	of	ADP
dem-11745	128	21	eur	eur	ADJ
dem-11745	128	22	,	,	PUNCT
dem-11745	128	23	usd	usd	NOUN
dem-11745	128	24	and	and	CCONJ
dem-11745	128	25	cny	cny	NOUN
dem-11745	128	26	to	to	AUX
dem-11745	128	27	pln	pln	PROPN
dem-11745	128	28	and	and	CCONJ
dem-11745	128	29	is	be	AUX
dem-11745	128	30	independent	independent	ADJ
dem-11745	128	31	from	from	ADP
dem-11745	128	32	gbp	gbp	PROPN
dem-11745	128	33	/	/	SYM
dem-11745	128	34	pln	pln	PROPN
dem-11745	128	35	.	.	PUNCT
dem-11745	129	1	additionally	additionally	ADV
dem-11745	129	2	we	we	PRON
dem-11745	129	3	have	have	AUX
dem-11745	129	4	indicated	indicate	VERB
dem-11745	129	5	exponential	exponential	ADJ
dem-11745	129	6	garch	garch	NOUN
dem-11745	129	7	,	,	PUNCT
dem-11745	129	8	as	as	ADP
dem-11745	129	9	the	the	DET
dem-11745	129	10	most	most	ADV
dem-11745	129	11	suitable	suitable	ADJ
dem-11745	129	12	to	to	ADP
dem-11745	129	13	model	model	NOUN
dem-11745	129	14	bitcoin	bitcoin	PROPN
dem-11745	129	15	’s	’s	PART
dem-11745	129	16	conditional	conditional	ADJ
dem-11745	129	17	variance	variance	NOUN
dem-11745	129	18	.	.	PUNCT
dem-11745	130	1	the	the	DET
dem-11745	130	2	results	result	NOUN
dem-11745	130	3	show	show	VERB
dem-11745	130	4	that	that	SCONJ
dem-11745	130	5	btc	btc	PROPN
dem-11745	130	6	/	/	SYM
dem-11745	130	7	pln	pln	PROPN
dem-11745	130	8	is	be	AUX
dem-11745	130	9	not	not	PART
dem-11745	130	10	fully	fully	ADV
dem-11745	130	11	independent	independent	ADJ
dem-11745	130	12	from	from	ADP
dem-11745	130	13	the	the	DET
dem-11745	130	14	external	external	ADJ
dem-11745	130	15	influences	influence	NOUN
dem-11745	130	16	vc	vc	NOUN
dem-11745	130	17	,	,	PUNCT
dem-11745	130	18	thus	thus	ADV
dem-11745	130	19	it	it	PRON
dem-11745	130	20	can	can	AUX
dem-11745	130	21	be	be	AUX
dem-11745	130	22	control	control	NOUN
dem-11745	130	23	by	by	ADP
dem-11745	130	24	third	third	ADJ
dem-11745	130	25	party	party	NOUN
dem-11745	130	26	agents	agent	NOUN
dem-11745	130	27	.	.	PUNCT
dem-11745	131	1	such	such	ADJ
dem-11745	131	2	feature	feature	NOUN
dem-11745	131	3	can	can	AUX
dem-11745	131	4	be	be	AUX
dem-11745	131	5	used	use	VERB
dem-11745	131	6	,	,	PUNCT
dem-11745	131	7	for	for	ADP
dem-11745	131	8	example	example	NOUN
dem-11745	131	9	,	,	PUNCT
dem-11745	131	10	by	by	ADP
dem-11745	131	11	speculators	speculator	NOUN
dem-11745	131	12	to	to	PART
dem-11745	131	13	achieve	achieve	VERB
dem-11745	131	14	abnormal	abnormal	ADJ
dem-11745	131	15	gains	gain	NOUN
dem-11745	131	16	.	.	PUNCT
dem-11745	132	1	beata	beata	PROPN
dem-11745	132	2	szetela	szetela	PROPN
dem-11745	132	3	,	,	PUNCT
dem-11745	132	4	grzegorz	grzegorz	NOUN
dem-11745	132	5	mentel	mentel	NOUN
dem-11745	132	6	,	,	PUNCT
dem-11745	132	7	stanisław	stanisław	VERB
dem-11745	132	8	gędek	gędek	PROPN
dem-11745	132	9	dynamic	dynamic	ADJ
dem-11745	132	10	econometric	econometric	ADJ
dem-11745	132	11	models	model	NOUN
dem-11745	132	12	16	16	NUM
dem-11745	132	13	(	(	PUNCT
dem-11745	132	14	2016	2016	NUM
dem-11745	132	15	)	)	PUNCT
dem-11745	132	16	133–144	133–144	NUM
dem-11745	132	17	142	142	NUM
dem-11745	132	18	references	reference	NOUN
dem-11745	132	19	alberg	alberg	PROPN
dem-11745	132	20	,	,	PUNCT
dem-11745	132	21	d.	d.	PROPN
dem-11745	132	22	,	,	PUNCT
dem-11745	132	23	shalit	shalit	PROPN
dem-11745	132	24	,	,	PUNCT
dem-11745	132	25	h.	h.	PROPN
dem-11745	132	26	,	,	PUNCT
dem-11745	132	27	yosef	yosef	PROPN
dem-11745	132	28	,	,	PUNCT
dem-11745	132	29	r.	r.	PROPN
dem-11745	132	30	(	(	PUNCT
dem-11745	132	31	2008	2008	NUM
dem-11745	132	32	)	)	PUNCT
dem-11745	132	33	,	,	PUNCT
dem-11745	132	34	estimating	estimate	VERB
dem-11745	132	35	stock	stock	NOUN
dem-11745	132	36	market	market	NOUN
dem-11745	132	37	volatility	volatility	NOUN
dem-11745	132	38	using	use	VERB
dem-11745	132	39	asymmetric	asymmetric	ADJ
dem-11745	132	40	garch	garch	NOUN
dem-11745	132	41	models	model	NOUN
dem-11745	132	42	,	,	PUNCT
dem-11745	132	43	applied	apply	VERB
dem-11745	132	44	financial	financial	ADJ
dem-11745	132	45	economics	economic	NOUN
dem-11745	132	46	,	,	PUNCT
dem-11745	132	47	18	18	NUM
dem-11745	132	48	,	,	PUNCT
dem-11745	132	49	1201–1208	1201–1208	NUM
dem-11745	132	50	,	,	PUNCT
dem-11745	132	51	doi	doi	NOUN
dem-11745	132	52	:	:	PUNCT
dem-11745	132	53	http://dx.doi.org/10.1080/09603100701604225	http://dx.doi.org/10.1080/09603100701604225	PROPN
dem-11745	132	54	.	.	PUNCT
dem-11745	133	1	badev	badev	PROPN
dem-11745	133	2	,	,	PUNCT
dem-11745	133	3	a.	a.	PROPN
dem-11745	133	4	,	,	PUNCT
dem-11745	133	5	chen	chen	PROPN
dem-11745	133	6	,	,	PUNCT
dem-11745	133	7	m.	m.	NOUN
dem-11745	133	8	(	(	PUNCT
dem-11745	133	9	2014	2014	NUM
dem-11745	133	10	)	)	PUNCT
dem-11745	133	11	,	,	PUNCT
dem-11745	133	12	bitcoin	bitcoin	PROPN
dem-11745	133	13	:	:	PUNCT
dem-11745	133	14	technical	technical	ADJ
dem-11745	133	15	background	background	NOUN
dem-11745	133	16	and	and	CCONJ
dem-11745	133	17	data	datum	NOUN
dem-11745	133	18	analysis	analysis	NOUN
dem-11745	133	19	,	,	PUNCT
dem-11745	133	20	finance	finance	NOUN
dem-11745	133	21	and	and	CCONJ
dem-11745	133	22	economics	economic	NOUN
dem-11745	133	23	discussion	discussion	NOUN
dem-11745	133	24	series	series	PROPN
dem-11745	133	25	2014–104	2014–104	PROPN
dem-11745	133	26	,	,	PUNCT
dem-11745	133	27	board	board	NOUN
dem-11745	133	28	of	of	ADP
dem-11745	133	29	governors	governor	NOUN
dem-11745	133	30	of	of	ADP
dem-11745	133	31	the	the	DET
dem-11745	133	32	federal	federal	PROPN
dem-11745	133	33	reserve	reserve	PROPN
dem-11745	133	34	system	system	NOUN
dem-11745	133	35	(	(	PUNCT
dem-11745	133	36	u.s	u.s	PROPN
dem-11745	133	37	.	.	PROPN
dem-11745	133	38	)	)	PUNCT
dem-11745	133	39	.	.	PUNCT
dem-11745	134	1	bank	bank	PROPN
dem-11745	134	2	of	of	ADP
dem-11745	134	3	canada	canada	PROPN
dem-11745	134	4	(	(	PUNCT
dem-11745	134	5	2014	2014	NUM
dem-11745	134	6	)	)	PUNCT
dem-11745	134	7	,	,	PUNCT
dem-11745	134	8	decentralized	decentralize	VERB
dem-11745	134	9	e	e	NOUN
dem-11745	134	10	-	-	NOUN
dem-11745	134	11	money	money	NOUN
dem-11745	134	12	(	(	PUNCT
dem-11745	134	13	bitcoin	bitcoin	NOUN
dem-11745	134	14	)	)	PUNCT
dem-11745	134	15	,	,	PUNCT
dem-11745	134	16	backgrounders	backgrounder	NOUN
dem-11745	134	17	,	,	PUNCT
dem-11745	134	18	http://www.bankofcanada.ca/wp-content/uploads/2014/04/decentralize-e-money.pdf	http://www.bankofcanada.ca/wp-content/uploads/2014/04/decentralize-e-money.pdf	PROPN
dem-11745	134	19	.	.	PUNCT
dem-11745	135	1	bouoiyour	bouoiyour	PROPN
dem-11745	135	2	,	,	PUNCT
dem-11745	135	3	j.	j.	PROPN
dem-11745	135	4	,	,	PUNCT
dem-11745	135	5	selmi	selmi	PROPN
dem-11745	135	6	,	,	PUNCT
dem-11745	135	7	r.	r.	PROPN
dem-11745	135	8	(	(	PUNCT
dem-11745	135	9	2015	2015	NUM
dem-11745	135	10	)	)	PUNCT
dem-11745	135	11	,	,	PUNCT
dem-11745	135	12	bitcoin	bitcoin	NOUN
dem-11745	135	13	price	price	NOUN
dem-11745	135	14	:	:	PUNCT
dem-11745	135	15	is	be	AUX
dem-11745	135	16	it	it	PRON
dem-11745	135	17	really	really	ADV
dem-11745	135	18	that	that	SCONJ
dem-11745	135	19	new	new	ADJ
dem-11745	135	20	round	round	NOUN
dem-11745	135	21	of	of	ADP
dem-11745	135	22	volatility	volatility	NOUN
dem-11745	135	23	can	can	AUX
dem-11745	135	24	be	be	AUX
dem-11745	135	25	on	on	ADP
dem-11745	135	26	way	way	NOUN
dem-11745	135	27	?	?	PUNCT
dem-11745	135	28	,	,	PUNCT
dem-11745	135	29	mpra	mpra	PROPN
dem-11745	135	30	paper	paper	PROPN
dem-11745	135	31	65580	65580	NUM
dem-11745	135	32	,	,	PUNCT
dem-11745	135	33	university	university	NOUN
dem-11745	135	34	library	library	NOUN
dem-11745	135	35	of	of	ADP
dem-11745	135	36	munich	munich	PROPN
dem-11745	135	37	,	,	PUNCT
dem-11745	135	38	germany	germany	PROPN
dem-11745	135	39	.	.	PROPN
dem-11745	136	1	brandvold	brandvold	PROPN
dem-11745	136	2	,	,	PUNCT
dem-11745	136	3	m.	m.	NOUN
dem-11745	136	4	,	,	PUNCT
dem-11745	136	5	molnár	molnár	PROPN
dem-11745	136	6	,	,	PUNCT
dem-11745	136	7	p.	p.	NOUN
dem-11745	136	8	,	,	PUNCT
dem-11745	136	9	vagstad	vagstad	NOUN
dem-11745	136	10	,	,	PUNCT
dem-11745	136	11	k.	k.	PROPN
dem-11745	136	12	,	,	PUNCT
dem-11745	136	13	valstad	valstad	PROPN
dem-11745	136	14	,	,	PUNCT
dem-11745	136	15	o.	o.	PROPN
dem-11745	136	16	(	(	PUNCT
dem-11745	136	17	2015	2015	NUM
dem-11745	136	18	)	)	PUNCT
dem-11745	136	19	,	,	PUNCT
dem-11745	136	20	price	price	NOUN
dem-11745	136	21	discovery	discovery	NOUN
dem-11745	136	22	on	on	ADP
dem-11745	136	23	bitcoin	bitcoin	NOUN
dem-11745	136	24	exchanges	exchange	NOUN
dem-11745	136	25	,	,	PUNCT
dem-11745	136	26	journal	journal	NOUN
dem-11745	136	27	of	of	ADP
dem-11745	136	28	international	international	ADJ
dem-11745	136	29	financial	financial	ADJ
dem-11745	136	30	markets	market	NOUN
dem-11745	136	31	,	,	PUNCT
dem-11745	136	32	institutions	institution	NOUN
dem-11745	136	33	&	&	CCONJ
dem-11745	136	34	money	money	NOUN
dem-11745	136	35	,	,	PUNCT
dem-11745	136	36	36	36	NUM
dem-11745	136	37	,	,	PUNCT
dem-11745	136	38	18–35	18–35	NUM
dem-11745	136	39	,	,	PUNCT
dem-11745	136	40	doi	doi	NOUN
dem-11745	136	41	:	:	PUNCT
dem-11745	136	42	http://dx.doi.org/10.1016/j.intfin.2015.02.010	http://dx.doi.org/10.1016/j.intfin.2015.02.010	PROPN
dem-11745	136	43	.	.	PROPN
dem-11745	136	44	brabazon	brabazon	PROPN
dem-11745	136	45	,	,	PUNCT
dem-11745	136	46	a.	a.	PROPN
dem-11745	136	47	,	,	PUNCT
dem-11745	136	48	o’neill	o’neill	PROPN
dem-11745	136	49	,	,	PUNCT
dem-11745	136	50	m.	m.	NOUN
dem-11745	136	51	(	(	PUNCT
dem-11745	136	52	2008	2008	NUM
dem-11745	136	53	)	)	PUNCT
dem-11745	136	54	,	,	PUNCT
dem-11745	136	55	natural	natural	ADJ
dem-11745	136	56	computing	computing	NOUN
dem-11745	136	57	in	in	ADP
dem-11745	136	58	computational	computational	ADJ
dem-11745	136	59	finance	finance	NOUN
dem-11745	136	60	,	,	PUNCT
dem-11745	136	61	springer	springer	NOUN
dem-11745	136	62	,	,	PUNCT
dem-11745	136	63	doi	doi	NOUN
dem-11745	136	64	:	:	PUNCT
dem-11745	136	65	http://dx.doi.org/10.1007/978-3-540-77477-8	http://dx.doi.org/10.1007/978-3-540-77477-8	NUM
dem-11745	136	66	.	.	PUNCT
dem-11745	137	1	bryans	bryans	PROPN
dem-11745	137	2	,	,	PUNCT
dem-11745	137	3	d.	d.	PROPN
dem-11745	137	4	(	(	PUNCT
dem-11745	137	5	2014	2014	NUM
dem-11745	137	6	)	)	PUNCT
dem-11745	137	7	,	,	PUNCT
dem-11745	137	8	bitcoin	bitcoin	NOUN
dem-11745	137	9	and	and	CCONJ
dem-11745	137	10	money	money	NOUN
dem-11745	137	11	laundering	laundering	NOUN
dem-11745	137	12	:	:	PUNCT
dem-11745	137	13	mining	mine	VERB
dem-11745	137	14	for	for	ADP
dem-11745	137	15	an	an	DET
dem-11745	137	16	effective	effective	ADJ
dem-11745	137	17	solution	solution	NOUN
dem-11745	137	18	,	,	PUNCT
dem-11745	137	19	indiana	indiana	PROPN
dem-11745	137	20	law	law	PROPN
dem-11745	137	21	journal	journal	PROPN
dem-11745	137	22	,	,	PUNCT
dem-11745	137	23	89	89	NUM
dem-11745	137	24	,	,	PUNCT
dem-11745	137	25	441	441	NUM
dem-11745	137	26	,	,	PUNCT
dem-11745	137	27	https://ssrn.com/abstract=2317990	https://ssrn.com/abstract=2317990	NOUN
dem-11745	137	28	.	.	PUNCT
dem-11745	137	29	campbell	campbell	PROPN
dem-11745	137	30	,	,	PUNCT
dem-11745	137	31	h.	h.	PROPN
dem-11745	137	32	r.	r.	PROPN
dem-11745	137	33	(	(	PUNCT
dem-11745	137	34	2014	2014	NUM
dem-11745	137	35	)	)	PUNCT
dem-11745	137	36	,	,	PUNCT
dem-11745	137	37	bitcoin	bitcoin	NOUN
dem-11745	137	38	myths	myth	NOUN
dem-11745	137	39	and	and	CCONJ
dem-11745	137	40	facts	fact	NOUN
dem-11745	137	41	,	,	PUNCT
dem-11745	137	42	https://ssrn.com/abstract=2479670	https://ssrn.com/abstract=2479670	PROPN
dem-11745	137	43	.	.	PROPN
dem-11745	137	44	cheah	cheah	PROPN
dem-11745	137	45	,	,	PUNCT
dem-11745	137	46	e.-t	e.-t	PROPN
dem-11745	137	47	.	.	PUNCT
dem-11745	137	48	,	,	PUNCT
dem-11745	137	49	fry	fry	PROPN
dem-11745	137	50	,	,	PUNCT
dem-11745	137	51	j.	j.	PROPN
dem-11745	137	52	(	(	PUNCT
dem-11745	137	53	2015	2015	NUM
dem-11745	137	54	)	)	PUNCT
dem-11745	137	55	,	,	PUNCT
dem-11745	137	56	speculative	speculative	ADJ
dem-11745	137	57	bubbles	bubble	NOUN
dem-11745	137	58	in	in	ADP
dem-11745	137	59	bitcoin	bitcoin	ADJ
dem-11745	137	60	markets	market	NOUN
dem-11745	137	61	?	?	PUNCT
dem-11745	138	1	an	an	DET
dem-11745	138	2	empirical	empirical	ADJ
dem-11745	138	3	investigation	investigation	NOUN
dem-11745	138	4	into	into	ADP
dem-11745	138	5	the	the	DET
dem-11745	138	6	fundamental	fundamental	ADJ
dem-11745	138	7	value	value	NOUN
dem-11745	138	8	of	of	ADP
dem-11745	138	9	bitcoin	bitcoin	NOUN
dem-11745	138	10	.	.	PUNCT
dem-11745	139	1	economics	economic	NOUN
dem-11745	139	2	letters	letter	NOUN
dem-11745	139	3	,	,	PUNCT
dem-11745	139	4	130	130	NUM
dem-11745	139	5	,	,	PUNCT
dem-11745	139	6	32–36	32–36	NUM
dem-11745	139	7	,	,	PUNCT
dem-11745	139	8	doi	doi	NOUN
dem-11745	139	9	:	:	PUNCT
dem-11745	139	10	http://dx.doi.org/10.1016/j.econlet.2015.02.029	http://dx.doi.org/10.1016/j.econlet.2015.02.029	PROPN
dem-11745	139	11	.	.	PUNCT
dem-11745	140	1	chiu	chiu	PROPN
dem-11745	140	2	,	,	PUNCT
dem-11745	140	3	j.	j.	PROPN
dem-11745	140	4	,	,	PUNCT
dem-11745	140	5	wong	wong	PROPN
dem-11745	140	6	,	,	PUNCT
dem-11745	140	7	t.-n	t.-n	PROPN
dem-11745	140	8	.	.	PUNCT
dem-11745	140	9	(	(	PUNCT
dem-11745	140	10	2015	2015	NUM
dem-11745	140	11	)	)	PUNCT
dem-11745	140	12	,	,	PUNCT
dem-11745	140	13	on	on	ADP
dem-11745	140	14	the	the	DET
dem-11745	140	15	essentiality	essentiality	NOUN
dem-11745	140	16	of	of	ADP
dem-11745	140	17	e	e	NOUN
dem-11745	140	18	-	-	NOUN
dem-11745	140	19	money	money	NOUN
dem-11745	140	20	,	,	PUNCT
dem-11745	140	21	staff	staff	NOUN
dem-11745	140	22	working	working	NOUN
dem-11745	140	23	papers	paper	NOUN
dem-11745	140	24	,	,	PUNCT
dem-11745	140	25	bank	bank	PROPN
dem-11745	140	26	of	of	ADP
dem-11745	140	27	canada	canada	PROPN
dem-11745	140	28	,	,	PUNCT
dem-11745	140	29	15–43	15–43	NUM
dem-11745	140	30	,	,	PUNCT
dem-11745	140	31	http://www.bankofcanada.ca/wp-content/uploads/2015/11/wp201543.pdf	http://www.bankofcanada.ca/wp-content/uploads/2015/11/wp201543.pdf	PROPN
dem-11745	140	32	.	.	PROPN
dem-11745	140	33	chu	chu	PROPN
dem-11745	140	34	,	,	PUNCT
dem-11745	140	35	j.	j.	PROPN
dem-11745	140	36	,	,	PUNCT
dem-11745	140	37	nadarajah	nadarajah	PROPN
dem-11745	140	38	,	,	PUNCT
dem-11745	140	39	s.	s.	PROPN
dem-11745	140	40	,	,	PUNCT
dem-11745	140	41	chan	chan	PROPN
dem-11745	140	42	,	,	PUNCT
dem-11745	140	43	s.	s.	PROPN
dem-11745	140	44	(	(	PUNCT
dem-11745	140	45	2015	2015	NUM
dem-11745	140	46	)	)	PUNCT
dem-11745	140	47	,	,	PUNCT
dem-11745	140	48	statistical	statistical	ADJ
dem-11745	140	49	analysis	analysis	NOUN
dem-11745	140	50	of	of	ADP
dem-11745	140	51	the	the	DET
dem-11745	140	52	exchange	exchange	NOUN
dem-11745	140	53	rate	rate	NOUN
dem-11745	140	54	of	of	ADP
dem-11745	140	55	bitcoin	bitcoin	NOUN
dem-11745	140	56	,	,	PUNCT
dem-11745	140	57	plos	plos	PROPN
dem-11745	140	58	one	one	NUM
dem-11745	140	59	,	,	PUNCT
dem-11745	140	60	10(7	10(7	NUM
dem-11745	140	61	)	)	PUNCT
dem-11745	140	62	,	,	PUNCT
dem-11745	140	63	doi	doi	PROPN
dem-11745	140	64	:	:	PUNCT
dem-11745	140	65	http://dx.doi.org/10.1371/journal.pone.0133678	http://dx.doi.org/10.1371/journal.pone.0133678	PROPN
dem-11745	140	66	.	.	PUNCT
dem-11745	141	1	law	law	NOUN
dem-11745	141	2	library	library	NOUN
dem-11745	141	3	of	of	ADP
dem-11745	141	4	congress	congress	PROPN
dem-11745	141	5	(	(	PUNCT
dem-11745	141	6	2014	2014	NUM
dem-11745	141	7	)	)	PUNCT
dem-11745	141	8	,	,	PUNCT
dem-11745	141	9	regulation	regulation	NOUN
dem-11745	141	10	of	of	ADP
dem-11745	141	11	bitcoin	bitcoin	NOUN
dem-11745	141	12	in	in	ADP
dem-11745	141	13	selected	select	VERB
dem-11745	141	14	jurisdictions	jurisdiction	NOUN
dem-11745	141	15	.	.	PUNCT
dem-11745	142	1	global	global	ADJ
dem-11745	142	2	legal	legal	ADJ
dem-11745	142	3	research	research	NOUN
dem-11745	142	4	directorate	directorate	ADJ
dem-11745	142	5	staff	staff	NOUN
dem-11745	142	6	.	.	PUNCT
dem-11745	143	1	cpmi	cpmi	NOUN
dem-11745	143	2	(	(	PUNCT
dem-11745	143	3	2015	2015	NUM
dem-11745	143	4	)	)	PUNCT
dem-11745	143	5	,	,	PUNCT
dem-11745	143	6	digital	digital	ADJ
dem-11745	143	7	currencies	currency	NOUN
dem-11745	143	8	.	.	PUNCT
dem-11745	144	1	bank	bank	NOUN
dem-11745	144	2	for	for	ADP
dem-11745	144	3	international	international	ADJ
dem-11745	144	4	settlements	settlement	NOUN
dem-11745	144	5	,	,	PUNCT
dem-11745	144	6	http://www.bis.org/cpmi/publ/d137.pdf	http://www.bis.org/cpmi/publ/d137.pdf	PROPN
dem-11745	144	7	.	.	PUNCT
dem-11745	145	1	doman	doman	PROPN
dem-11745	145	2	,	,	PUNCT
dem-11745	145	3	m.	m.	NOUN
dem-11745	145	4	,	,	PUNCT
dem-11745	145	5	doman	doman	PROPN
dem-11745	145	6	,	,	PUNCT
dem-11745	145	7	r.	r.	PROPN
dem-11745	145	8	(	(	PUNCT
dem-11745	145	9	2014	2014	NUM
dem-11745	145	10	)	)	PUNCT
dem-11745	145	11	,	,	PUNCT
dem-11745	145	12	dynamic	dynamic	ADJ
dem-11745	145	13	linkages	linkage	NOUN
dem-11745	145	14	in	in	ADP
dem-11745	145	15	the	the	DET
dem-11745	145	16	pairs	pair	NOUN
dem-11745	145	17	(	(	PUNCT
dem-11745	145	18	gbp	gbp	NOUN
dem-11745	145	19	/	/	SYM
dem-11745	145	20	eur	eur	ADJ
dem-11745	145	21	,	,	PUNCT
dem-11745	145	22	usd	usd	NOUN
dem-11745	145	23	/	/	SYM
dem-11745	145	24	eur	eur	NOUN
dem-11745	145	25	)	)	PUNCT
dem-11745	145	26	and	and	CCONJ
dem-11745	145	27	(	(	PUNCT
dem-11745	145	28	gbp	gbp	NOUN
dem-11745	145	29	/	/	SYM
dem-11745	145	30	usd	usd	NOUN
dem-11745	145	31	,	,	PUNCT
dem-11745	145	32	eur	eur	ADJ
dem-11745	145	33	/	/	SYM
dem-11745	145	34	usd	usd	NOUN
dem-11745	145	35	):	):	PUNCT
dem-11745	145	36	how	how	SCONJ
dem-11745	145	37	do	do	AUX
dem-11745	145	38	they	they	PRON
dem-11745	145	39	change	change	VERB
dem-11745	145	40	during	during	ADP
dem-11745	145	41	a	a	DET
dem-11745	145	42	day	day	NOUN
dem-11745	145	43	?	?	PUNCT
dem-11745	145	44	,	,	PUNCT
dem-11745	145	45	central	central	ADJ
dem-11745	145	46	european	european	ADJ
dem-11745	145	47	journal	journal	NOUN
dem-11745	145	48	of	of	ADP
dem-11745	145	49	economic	economic	ADJ
dem-11745	145	50	modelling	modelling	NOUN
dem-11745	145	51	and	and	CCONJ
dem-11745	145	52	econometrics	econometric	NOUN
dem-11745	145	53	,	,	PUNCT
dem-11745	145	54	6(1	6(1	NUM
dem-11745	145	55	)	)	PUNCT
dem-11745	145	56	,	,	PUNCT
dem-11745	145	57	33–56	33–56	NUM
dem-11745	145	58	.	.	PUNCT
dem-11745	146	1	dopierała	dopierała	NOUN
dem-11745	146	2	,	,	PUNCT
dem-11745	146	3	ł	ł	PROPN
dem-11745	146	4	.	.	PROPN
dem-11745	146	5	,	,	PUNCT
dem-11745	146	6	borodo	borodo	NOUN
dem-11745	146	7	,	,	PUNCT
dem-11745	146	8	a.	a.	NOUN
dem-11745	146	9	(	(	PUNCT
dem-11745	146	10	2014	2014	NUM
dem-11745	146	11	)	)	PUNCT
dem-11745	146	12	,	,	PUNCT
dem-11745	146	13	znaczenie	znaczenie	PROPN
dem-11745	146	14	waluty	waluty	PROPN
dem-11745	146	15	kryptograficznej	kryptograficznej	PROPN
dem-11745	146	16	bitcoin	bitcoin	PROPN
dem-11745	146	17	jako	jako	PROPN
dem-11745	146	18	środka	środka	PROPN
dem-11745	146	19	wymiany	wymiany	PROPN
dem-11745	146	20	(	(	PUNCT
dem-11745	146	21	the	the	DET
dem-11745	146	22	importance	importance	NOUN
dem-11745	146	23	of	of	ADP
dem-11745	146	24	cryptographic	cryptographic	ADJ
dem-11745	146	25	currency	currency	NOUN
dem-11745	146	26	bitcoin	bitcoin	NOUN
dem-11745	146	27	as	as	ADP
dem-11745	146	28	a	a	DET
dem-11745	146	29	medium	medium	NOUN
dem-11745	146	30	of	of	ADP
dem-11745	146	31	exchange	exchange	NOUN
dem-11745	146	32	)	)	PUNCT
dem-11745	146	33	,	,	PUNCT
dem-11745	146	34	contemporary	contemporary	ADJ
dem-11745	146	35	economy	economy	NOUN
dem-11745	146	36	electronic	electronic	ADJ
dem-11745	146	37	scientific	scientific	ADJ
dem-11745	146	38	journal	journal	NOUN
dem-11745	146	39	,	,	PUNCT
dem-11745	146	40	5(2	5(2	NUM
dem-11745	146	41	)	)	PUNCT
dem-11745	146	42	,	,	PUNCT
dem-11745	146	43	1–12	1–12	PROPN
dem-11745	146	44	.	.	PUNCT
dem-11745	147	1	draghi	draghi	PROPN
dem-11745	147	2	,	,	PUNCT
dem-11745	147	3	m.	m.	NOUN
dem-11745	147	4	(	(	PUNCT
dem-11745	147	5	2015	2015	NUM
dem-11745	147	6	)	)	PUNCT
dem-11745	147	7	,	,	PUNCT
dem-11745	147	8	letter	letter	NOUN
dem-11745	147	9	from	from	ADP
dem-11745	147	10	the	the	DET
dem-11745	147	11	president	president	NOUN
dem-11745	147	12	of	of	ADP
dem-11745	147	13	the	the	DET
dem-11745	147	14	ecb	ecb	PROPN
dem-11745	147	15	to	to	ADP
dem-11745	147	16	mrs	mrs	PROPN
dem-11745	147	17	.	.	PROPN
dem-11745	147	18	eva	eva	PROPN
dem-11745	147	19	kaili	kaili	PROPN
dem-11745	147	20	concerning	concern	VERB
dem-11745	147	21	the	the	DET
dem-11745	147	22	schemes	scheme	NOUN
dem-11745	147	23	of	of	ADP
dem-11745	147	24	virtual	virtual	ADJ
dem-11745	147	25	currency	currency	NOUN
dem-11745	147	26	(	(	PUNCT
dem-11745	147	27	vcs	vcs	PROPN
dem-11745	147	28	)	)	PUNCT
dem-11745	147	29	,	,	PUNCT
dem-11745	147	30	eurpean	eurpean	ADJ
dem-11745	147	31	central	central	PROPN
dem-11745	147	32	bank	bank	PROPN
dem-11745	147	33	,	,	PUNCT
dem-11745	147	34	http://www.ecb.europa.eu/pub/pdf/other/150421letter_buonanno_3.en.pdf	http://www.ecb.europa.eu/pub/pdf/other/150421letter_buonanno_3.en.pdf	PROPN
dem-11745	147	35	.	.	PUNCT
dem-11745	147	36	dwyer	dwyer	PROPN
dem-11745	147	37	,	,	PUNCT
dem-11745	147	38	g.	g.	PROPN
dem-11745	147	39	(	(	PUNCT
dem-11745	147	40	2015	2015	NUM
dem-11745	147	41	)	)	PUNCT
dem-11745	147	42	,	,	PUNCT
dem-11745	147	43	the	the	DET
dem-11745	147	44	economics	economic	NOUN
dem-11745	147	45	of	of	ADP
dem-11745	147	46	bitcoin	bitcoin	ADJ
dem-11745	147	47	and	and	CCONJ
dem-11745	147	48	similar	similar	ADJ
dem-11745	147	49	private	private	ADJ
dem-11745	147	50	digital	digital	ADJ
dem-11745	147	51	currencies	currency	NOUN
dem-11745	147	52	,	,	PUNCT
dem-11745	147	53	journal	journal	NOUN
dem-11745	147	54	of	of	ADP
dem-11745	147	55	financial	financial	ADJ
dem-11745	147	56	stability	stability	NOUN
dem-11745	147	57	,	,	PUNCT
dem-11745	147	58	17	17	NUM
dem-11745	147	59	,	,	PUNCT
dem-11745	147	60	81–91	81–91	NUM
dem-11745	147	61	,	,	PUNCT
dem-11745	147	62	doi	doi	NOUN
dem-11745	147	63	:	:	PUNCT
dem-11745	147	64	http://dx.doi.org/10.1016/j.jfs.2014.11.006	http://dx.doi.org/10.1016/j.jfs.2014.11.006	PROPN
dem-11745	147	65	.	.	PUNCT
dem-11745	148	1	ecb	ecb	PROPN
dem-11745	148	2	(	(	PUNCT
dem-11745	148	3	2012	2012	NUM
dem-11745	148	4	)	)	PUNCT
dem-11745	148	5	,	,	PUNCT
dem-11745	148	6	virtual	virtual	ADJ
dem-11745	148	7	currency	currency	NOUN
dem-11745	148	8	schemes	scheme	NOUN
dem-11745	148	9	,	,	PUNCT
dem-11745	148	10	frankfur	frankfur	NOUN
dem-11745	148	11	am	be	AUX
dem-11745	148	12	main	main	ADJ
dem-11745	148	13	:	:	PUNCT
dem-11745	148	14	european	european	ADJ
dem-11745	148	15	central	central	PROPN
dem-11745	148	16	bank	bank	PROPN
dem-11745	148	17	,	,	PUNCT
dem-11745	148	18	https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf	https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf	NOUN
dem-11745	148	19	.	.	PUNCT
dem-11745	149	1	ecb	ecb	PROPN
dem-11745	149	2	(	(	PUNCT
dem-11745	149	3	2015	2015	NUM
dem-11745	149	4	)	)	PUNCT
dem-11745	149	5	,	,	PUNCT
dem-11745	149	6	virtual	virtual	ADJ
dem-11745	149	7	currency	currency	NOUN
dem-11745	149	8	schemes	scheme	NOUN
dem-11745	149	9	–	–	PUNCT
dem-11745	149	10	a	a	DET
dem-11745	149	11	further	further	ADJ
dem-11745	149	12	analysis	analysis	NOUN
dem-11745	149	13	,	,	PUNCT
dem-11745	149	14	frankfurt	frankfurt	PROPN
dem-11745	149	15	am	be	AUX
dem-11745	149	16	main	main	ADJ
dem-11745	149	17	:	:	PUNCT
dem-11745	149	18	european	european	ADJ
dem-11745	149	19	central	central	PROPN
dem-11745	149	20	bank	bank	PROPN
dem-11745	149	21	,	,	PUNCT
dem-11745	149	22	https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf	https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf	PROPN
dem-11745	149	23	,	,	PUNCT
dem-11745	149	24	doi	doi	NOUN
dem-11745	149	25	:	:	PUNCT
dem-11745	149	26	http://dx.doi.org/10.2866/662172	http://dx.doi.org/10.2866/662172	PROPN
dem-11745	149	27	.	.	PUNCT
dem-11745	150	1	dependency	dependency	NOUN
dem-11745	150	2	analysis	analysis	NOUN
dem-11745	150	3	between	between	ADP
dem-11745	150	4	bitcoin	bitcoin	NOUN
dem-11745	150	5	and	and	CCONJ
dem-11745	150	6	selected	select	VERB
dem-11745	150	7	global	global	ADJ
dem-11745	150	8	currencies	currency	NOUN
dem-11745	150	9	dynamic	dynamic	ADJ
dem-11745	150	10	econometric	econometric	ADJ
dem-11745	150	11	models	model	NOUN
dem-11745	150	12	16	16	NUM
dem-11745	150	13	(	(	PUNCT
dem-11745	150	14	2016	2016	NUM
dem-11745	150	15	)	)	PUNCT
dem-11745	150	16	133–144	133–144	NUM
dem-11745	150	17	143	143	NUM
dem-11745	150	18	gans	gan	NOUN
dem-11745	150	19	,	,	PUNCT
dem-11745	150	20	j.	j.	PROPN
dem-11745	150	21	s.	s.	PROPN
dem-11745	150	22	,	,	PUNCT
dem-11745	150	23	halaburda	halaburda	PROPN
dem-11745	150	24	,	,	PUNCT
dem-11745	150	25	h.	h.	PROPN
dem-11745	150	26	(	(	PUNCT
dem-11745	150	27	2013	2013	NUM
dem-11745	150	28	)	)	PUNCT
dem-11745	150	29	,	,	PUNCT
dem-11745	150	30	some	some	DET
dem-11745	150	31	economics	economic	NOUN
dem-11745	150	32	of	of	ADP
dem-11745	150	33	private	private	ADJ
dem-11745	150	34	digital	digital	ADJ
dem-11745	150	35	currency	currency	NOUN
dem-11745	150	36	,	,	PUNCT
dem-11745	150	37	bank	bank	PROPN
dem-11745	150	38	of	of	ADP
dem-11745	150	39	canada	canada	PROPN
dem-11745	150	40	working	working	PROPN
dem-11745	150	41	paper	paper	NOUN
dem-11745	150	42	,	,	PUNCT
dem-11745	150	43	38	38	NUM
dem-11745	150	44	,	,	PUNCT
dem-11745	150	45	http://www.bankofcanada.ca/wp-content/uploads/2013/11/wp2013-38.pdf	http://www.bankofcanada.ca/wp-content/uploads/2013/11/wp2013-38.pdf	PROPN
dem-11745	150	46	.	.	PUNCT
dem-11745	151	1	gronwald	gronwald	PROPN
dem-11745	151	2	,	,	PUNCT
dem-11745	151	3	m.	m.	NOUN
dem-11745	151	4	(	(	PUNCT
dem-11745	151	5	2015	2015	NUM
dem-11745	151	6	)	)	PUNCT
dem-11745	151	7	,	,	PUNCT
dem-11745	151	8	the	the	DET
dem-11745	151	9	economics	economic	NOUN
dem-11745	151	10	of	of	ADP
dem-11745	151	11	bitcoins	bitcoin	NOUN
dem-11745	151	12	–	–	PUNCT
dem-11745	151	13	market	market	NOUN
dem-11745	151	14	characteristics	characteristic	NOUN
dem-11745	151	15	and	and	CCONJ
dem-11745	151	16	price	price	NOUN
dem-11745	151	17	jumps	jump	NOUN
dem-11745	151	18	,	,	PUNCT
dem-11745	151	19	cesifo	cesifo	PROPN
dem-11745	151	20	area	area	NOUN
dem-11745	151	21	conference	conference	NOUN
dem-11745	151	22	on	on	ADP
dem-11745	151	23	macro	macro	NOUN
dem-11745	151	24	,	,	PUNCT
dem-11745	151	25	money	money	NOUN
dem-11745	151	26	and	and	CCONJ
dem-11745	151	27	international	international	ADJ
dem-11745	151	28	finance	finance	NOUN
dem-11745	151	29	,	,	PUNCT
dem-11745	151	30	5121	5121	NUM
dem-11745	151	31	.	.	PUNCT
dem-11745	152	1	hamilton	hamilton	PROPN
dem-11745	152	2	,	,	PUNCT
dem-11745	152	3	j.	j.	PROPN
dem-11745	152	4	d.	d.	PROPN
dem-11745	152	5	(	(	PUNCT
dem-11745	152	6	1994	1994	NUM
dem-11745	152	7	)	)	PUNCT
dem-11745	152	8	,	,	PUNCT
dem-11745	152	9	time	time	NOUN
dem-11745	152	10	series	series	PROPN
dem-11745	152	11	analysis	analysis	PROPN
dem-11745	152	12	,	,	PUNCT
dem-11745	152	13	princeton	princeton	PROPN
dem-11745	152	14	,	,	PUNCT
dem-11745	152	15	princeton	princeton	PROPN
dem-11745	152	16	university	university	PROPN
dem-11745	152	17	press	press	NOUN
dem-11745	152	18	.	.	PUNCT
dem-11745	153	1	haubno	haubno	NOUN
dem-11745	153	2	-	-	PUNCT
dem-11745	153	3	dyhrberg	dyhrberg	PROPN
dem-11745	153	4	,	,	PUNCT
dem-11745	153	5	a.	a.	NOUN
dem-11745	153	6	(	(	PUNCT
dem-11745	153	7	2016a	2016a	NUM
dem-11745	153	8	)	)	PUNCT
dem-11745	153	9	,	,	PUNCT
dem-11745	153	10	bitcoin	bitcoin	NOUN
dem-11745	153	11	,	,	PUNCT
dem-11745	153	12	gold	gold	NOUN
dem-11745	153	13	and	and	CCONJ
dem-11745	153	14	the	the	DET
dem-11745	153	15	dollar	dollar	NOUN
dem-11745	153	16	–	–	PUNCT
dem-11745	153	17	a	a	DET
dem-11745	153	18	garch	garch	NOUN
dem-11745	153	19	volatility	volatility	NOUN
dem-11745	153	20	analysis	analysis	NOUN
dem-11745	153	21	,	,	PUNCT
dem-11745	153	22	finance	finance	NOUN
dem-11745	153	23	research	research	NOUN
dem-11745	153	24	letters	letter	NOUN
dem-11745	153	25	,	,	PUNCT
dem-11745	153	26	16	16	NUM
dem-11745	153	27	,	,	PUNCT
dem-11745	153	28	85–92	85–92	NUM
dem-11745	153	29	,	,	PUNCT
dem-11745	153	30	doi	doi	NOUN
dem-11745	153	31	:	:	PUNCT
dem-11745	153	32	http://dx.doi.org/10.1016/j.frl.2015.10.008	http://dx.doi.org/10.1016/j.frl.2015.10.008	PROPN
dem-11745	153	33	.	.	PUNCT
dem-11745	154	1	haubno	haubno	NOUN
dem-11745	154	2	-	-	PUNCT
dem-11745	154	3	dyhrberg	dyhrberg	PROPN
dem-11745	154	4	,	,	PUNCT
dem-11745	154	5	a.	a.	NOUN
dem-11745	154	6	(	(	PUNCT
dem-11745	154	7	2016b	2016b	NUM
dem-11745	154	8	)	)	PUNCT
dem-11745	154	9	,	,	PUNCT
dem-11745	154	10	hedging	hedge	VERB
dem-11745	154	11	capabilities	capability	NOUN
dem-11745	154	12	of	of	ADP
dem-11745	154	13	bitcoin	bitcoin	NOUN
dem-11745	154	14	.	.	PUNCT
dem-11745	155	1	is	be	AUX
dem-11745	155	2	it	it	PRON
dem-11745	155	3	the	the	DET
dem-11745	155	4	virtual	virtual	ADJ
dem-11745	155	5	gold	gold	NOUN
dem-11745	155	6	?	?	PUNCT
dem-11745	156	1	finance	finance	NOUN
dem-11745	156	2	research	research	NOUN
dem-11745	156	3	letters	letter	NOUN
dem-11745	156	4	,	,	PUNCT
dem-11745	156	5	16	16	NUM
dem-11745	156	6	,	,	PUNCT
dem-11745	156	7	139–144	139–144	NUM
dem-11745	156	8	,	,	PUNCT
dem-11745	156	9	doi	doi	NOUN
dem-11745	156	10	:	:	PUNCT
dem-11745	156	11	http://dx.doi.org/10.1016/j.frl.2015.10.025	http://dx.doi.org/10.1016/j.frl.2015.10.025	PROPN
dem-11745	156	12	.	.	PUNCT
dem-11745	157	1	jagwani	jagwani	PROPN
dem-11745	157	2	,	,	PUNCT
dem-11745	157	3	b.	b.	PROPN
dem-11745	157	4	(	(	PUNCT
dem-11745	157	5	2015	2015	NUM
dem-11745	157	6	)	)	PUNCT
dem-11745	158	1	,	,	PUNCT
dem-11745	158	2	bitcoins	bitcoin	NOUN
dem-11745	158	3	demystified	demystify	VERB
dem-11745	158	4	.	.	PUNCT
dem-11745	159	1	international	international	ADJ
dem-11745	159	2	journal	journal	PROPN
dem-11745	159	3	of	of	ADP
dem-11745	159	4	marketing	marketing	NOUN
dem-11745	159	5	,	,	PUNCT
dem-11745	159	6	financial	financial	ADJ
dem-11745	159	7	services	service	NOUN
dem-11745	159	8	&	&	CCONJ
dem-11745	159	9	management	management	NOUN
dem-11745	159	10	research	research	NOUN
dem-11745	159	11	,	,	PUNCT
dem-11745	159	12	4(4	4(4	NUM
dem-11745	159	13	)	)	PUNCT
dem-11745	159	14	,	,	PUNCT
dem-11745	159	15	29–35	29–35	NUM
dem-11745	159	16	.	.	PUNCT
dem-11745	159	17	karame	karame	PROPN
dem-11745	159	18	,	,	PUNCT
dem-11745	159	19	g.	g.	PROPN
dem-11745	159	20	o.	o.	PROPN
dem-11745	159	21	,	,	PUNCT
dem-11745	159	22	androulaki	androulaki	NOUN
dem-11745	159	23	,	,	PUNCT
dem-11745	159	24	e.	e.	PROPN
dem-11745	159	25	,	,	PUNCT
dem-11745	159	26	roeschlin	roeschlin	PROPN
dem-11745	159	27	,	,	PUNCT
dem-11745	159	28	m.	m.	NOUN
dem-11745	159	29	,	,	PUNCT
dem-11745	159	30	gervais	gervais	PROPN
dem-11745	159	31	,	,	PUNCT
dem-11745	159	32	a.	a.	NOUN
dem-11745	159	33	,	,	PUNCT
dem-11745	159	34	čapkun	čapkun	PROPN
dem-11745	159	35	,	,	PUNCT
dem-11745	159	36	s.	s.	PROPN
dem-11745	159	37	(	(	PUNCT
dem-11745	159	38	2015	2015	NUM
dem-11745	159	39	)	)	PUNCT
dem-11745	159	40	,	,	PUNCT
dem-11745	159	41	misbehavior	misbehavior	NOUN
dem-11745	159	42	in	in	ADP
dem-11745	159	43	bitcoin	bitcoin	NOUN
dem-11745	159	44	:	:	PUNCT
dem-11745	159	45	a	a	DET
dem-11745	159	46	study	study	NOUN
dem-11745	159	47	of	of	ADP
dem-11745	159	48	double	double	ADJ
dem-11745	159	49	-	-	PUNCT
dem-11745	159	50	spending	spending	NOUN
dem-11745	159	51	and	and	CCONJ
dem-11745	159	52	accountability	accountability	NOUN
dem-11745	159	53	,	,	PUNCT
dem-11745	159	54	acm	acm	NOUN
dem-11745	159	55	transactions	transaction	NOUN
dem-11745	159	56	on	on	ADP
dem-11745	159	57	information	information	NOUN
dem-11745	159	58	and	and	CCONJ
dem-11745	159	59	system	system	NOUN
dem-11745	159	60	security	security	NOUN
dem-11745	159	61	,	,	PUNCT
dem-11745	159	62	18(1	18(1	NUM
dem-11745	159	63	)	)	PUNCT
dem-11745	159	64	,	,	PUNCT
dem-11745	159	65	doi	doi	NOUN
dem-11745	159	66	:	:	PUNCT
dem-11745	159	67	http://dx.doi.org/10.1145/2732196	http://dx.doi.org/10.1145/2732196	NOUN
dem-11745	159	68	.	.	PUNCT
dem-11745	160	1	liu	liu	PROPN
dem-11745	160	2	,	,	PUNCT
dem-11745	160	3	j.	j.	PROPN
dem-11745	160	4	,	,	PUNCT
dem-11745	160	5	kauffman	kauffman	PROPN
dem-11745	160	6	,	,	PUNCT
dem-11745	160	7	r.	r.	PROPN
dem-11745	160	8	,	,	PUNCT
dem-11745	160	9	ma	ma	PROPN
dem-11745	160	10	,	,	PUNCT
dem-11745	160	11	d.	d.	PROPN
dem-11745	160	12	(	(	PUNCT
dem-11745	160	13	2015	2015	NUM
dem-11745	160	14	)	)	PUNCT
dem-11745	160	15	,	,	PUNCT
dem-11745	160	16	competition	competition	NOUN
dem-11745	160	17	,	,	PUNCT
dem-11745	160	18	cooperation	cooperation	NOUN
dem-11745	160	19	,	,	PUNCT
dem-11745	160	20	and	and	CCONJ
dem-11745	160	21	regulation	regulation	NOUN
dem-11745	160	22	:	:	PUNCT
dem-11745	160	23	understanding	understand	VERB
dem-11745	160	24	the	the	DET
dem-11745	160	25	evolution	evolution	NOUN
dem-11745	160	26	of	of	ADP
dem-11745	160	27	the	the	DET
dem-11745	160	28	mobile	mobile	ADJ
dem-11745	160	29	payments	payment	NOUN
dem-11745	160	30	technology	technology	NOUN
dem-11745	160	31	ecosystem	ecosystem	NOUN
dem-11745	160	32	,	,	PUNCT
dem-11745	160	33	journal	journal	NOUN
dem-11745	160	34	electronic	electronic	PROPN
dem-11745	160	35	commerce	commerce	PROPN
dem-11745	160	36	research	research	NOUN
dem-11745	160	37	and	and	CCONJ
dem-11745	160	38	applications	application	NOUN
dem-11745	160	39	,	,	PUNCT
dem-11745	160	40	14(5	14(5	NUM
dem-11745	160	41	)	)	PUNCT
dem-11745	160	42	,	,	PUNCT
dem-11745	160	43	372–391	372–391	NUM
dem-11745	160	44	,	,	PUNCT
dem-11745	160	45	doi	doi	NOUN
dem-11745	160	46	:	:	PUNCT
dem-11745	160	47	http://dx.doi.org/10.1016/j.elerap.2015.03.003	http://dx.doi.org/10.1016/j.elerap.2015.03.003	PROPN
dem-11745	160	48	.	.	PUNCT
dem-11745	160	49	luther	luther	PROPN
dem-11745	160	50	,	,	PUNCT
dem-11745	160	51	w.	w.	PROPN
dem-11745	160	52	j.	j.	PROPN
dem-11745	160	53	,	,	PUNCT
dem-11745	160	54	olson	olson	PROPN
dem-11745	160	55	,	,	PUNCT
dem-11745	160	56	j.	j.	PROPN
dem-11745	160	57	(	(	PUNCT
dem-11745	160	58	2015	2015	NUM
dem-11745	160	59	)	)	PUNCT
dem-11745	160	60	,	,	PUNCT
dem-11745	160	61	bitcoin	bitcoin	PROPN
dem-11745	160	62	is	be	AUX
dem-11745	160	63	memory	memory	NOUN
dem-11745	160	64	,	,	PUNCT
dem-11745	160	65	journal	journal	NOUN
dem-11745	160	66	of	of	ADP
dem-11745	160	67	prices	price	NOUN
dem-11745	160	68	&	&	CCONJ
dem-11745	160	69	markets	market	NOUN
dem-11745	160	70	,	,	PUNCT
dem-11745	160	71	3(3	3(3	NUM
dem-11745	160	72	)	)	PUNCT
dem-11745	160	73	,	,	PUNCT
dem-11745	160	74	22–33	22–33	NUM
dem-11745	160	75	,	,	PUNCT
dem-11745	160	76	doi	doi	NOUN
dem-11745	160	77	:	:	PUNCT
dem-11745	160	78	http://dx.doi.org/10.2139/ssrn.2275730	http://dx.doi.org/10.2139/ssrn.2275730	NOUN
dem-11745	160	79	.	.	X
dem-11745	161	1	macdonell	macdonell	PROPN
dem-11745	161	2	,	,	PUNCT
dem-11745	161	3	a.	a.	NOUN
dem-11745	161	4	(	(	PUNCT
dem-11745	161	5	2014	2014	NUM
dem-11745	161	6	,	,	PUNCT
dem-11745	161	7	4	4	NUM
dem-11745	161	8	1	1	NUM
dem-11745	161	9	)	)	PUNCT
dem-11745	161	10	,	,	PUNCT
dem-11745	161	11	popping	pop	VERB
dem-11745	161	12	the	the	DET
dem-11745	161	13	bitcoin	bitcoin	ADJ
dem-11745	161	14	bubble	bubble	NOUN
dem-11745	161	15	:	:	PUNCT
dem-11745	161	16	an	an	DET
dem-11745	161	17	application	application	NOUN
dem-11745	161	18	of	of	ADP
dem-11745	161	19	log	log	NOUN
dem-11745	161	20	-	-	PUNCT
dem-11745	161	21	periodic	periodic	NOUN
dem-11745	161	22	power	power	NOUN
dem-11745	161	23	law	law	NOUN
dem-11745	161	24	modeling	modeling	NOUN
dem-11745	161	25	to	to	ADP
dem-11745	161	26	digital	digital	ADJ
dem-11745	161	27	currency	currency	NOUN
dem-11745	161	28	,	,	PUNCT
dem-11745	161	29	university	university	PROPN
dem-11745	161	30	of	of	ADP
dem-11745	161	31	notre	notre	PROPN
dem-11745	161	32	dame	dame	PROPN
dem-11745	161	33	working	working	NOUN
dem-11745	161	34	paper	paper	NOUN
dem-11745	161	35	.	.	PUNCT
dem-11745	162	1	mandelbrot	mandelbrot	PROPN
dem-11745	162	2	,	,	PUNCT
dem-11745	162	3	b.	b.	PROPN
dem-11745	162	4	(	(	PUNCT
dem-11745	162	5	1963	1963	NUM
dem-11745	162	6	)	)	PUNCT
dem-11745	162	7	,	,	PUNCT
dem-11745	162	8	the	the	DET
dem-11745	162	9	variation	variation	NOUN
dem-11745	162	10	of	of	ADP
dem-11745	162	11	certain	certain	ADJ
dem-11745	162	12	speculative	speculative	ADJ
dem-11745	162	13	prices	price	NOUN
dem-11745	162	14	,	,	PUNCT
dem-11745	162	15	the	the	DET
dem-11745	162	16	journal	journal	NOUN
dem-11745	162	17	of	of	ADP
dem-11745	162	18	business	business	NOUN
dem-11745	162	19	,	,	PUNCT
dem-11745	162	20	36(4	36(4	NUM
dem-11745	162	21	)	)	PUNCT
dem-11745	162	22	,	,	PUNCT
dem-11745	162	23	394–419	394–419	NUM
dem-11745	162	24	.	.	PUNCT
dem-11745	162	25	mandjee	mandjee	NOUN
dem-11745	162	26	,	,	PUNCT
dem-11745	162	27	t.	t.	PROPN
dem-11745	162	28	(	(	PUNCT
dem-11745	162	29	2014	2014	NUM
dem-11745	162	30	)	)	PUNCT
dem-11745	162	31	,	,	PUNCT
dem-11745	162	32	bitcoin	bitcoin	PROPN
dem-11745	162	33	,	,	PUNCT
dem-11745	162	34	its	its	PRON
dem-11745	162	35	legal	legal	ADJ
dem-11745	162	36	classification	classification	NOUN
dem-11745	162	37	and	and	CCONJ
dem-11745	162	38	its	its	PRON
dem-11745	162	39	regulatory	regulatory	ADJ
dem-11745	162	40	framework	framework	NOUN
dem-11745	162	41	,	,	PUNCT
dem-11745	162	42	journal	journal	NOUN
dem-11745	162	43	of	of	ADP
dem-11745	162	44	business	business	PROPN
dem-11745	162	45	&	&	CCONJ
dem-11745	162	46	securities	securities	PROPN
dem-11745	162	47	law	law	NOUN
dem-11745	162	48	,	,	PUNCT
dem-11745	162	49	15(2	15(2	NUM
dem-11745	162	50	)	)	PUNCT
dem-11745	162	51	,	,	PUNCT
dem-11745	162	52	http://digitalcommons.law.msu.edu/jbsl/vol15/iss2/4	http://digitalcommons.law.msu.edu/jbsl/vol15/iss2/4	PROPN
dem-11745	162	53	.	.	PUNCT
dem-11745	163	1	marreh	marreh	PROPN
dem-11745	163	2	,	,	PUNCT
dem-11745	163	3	s.	s.	PROPN
dem-11745	163	4	,	,	PUNCT
dem-11745	163	5	olubusoye	olubusoye	PROPN
dem-11745	163	6	,	,	PUNCT
dem-11745	163	7	o.	o.	PROPN
dem-11745	163	8	,	,	PUNCT
dem-11745	163	9	kihoro	kihoro	PROPN
dem-11745	163	10	,	,	PUNCT
dem-11745	163	11	j.	j.	PROPN
dem-11745	163	12	(	(	PUNCT
dem-11745	163	13	2014	2014	NUM
dem-11745	163	14	)	)	PUNCT
dem-11745	163	15	,	,	PUNCT
dem-11745	163	16	modeling	model	VERB
dem-11745	163	17	volatility	volatility	NOUN
dem-11745	163	18	in	in	ADP
dem-11745	163	19	the	the	DET
dem-11745	163	20	gambian	gambian	ADJ
dem-11745	163	21	exchange	exchange	NOUN
dem-11745	163	22	rates	rate	NOUN
dem-11745	163	23	:	:	PUNCT
dem-11745	163	24	an	an	DET
dem-11745	163	25	arma	arma	ADJ
dem-11745	163	26	-	-	PUNCT
dem-11745	163	27	garch	garch	NOUN
dem-11745	163	28	approach	approach	NOUN
dem-11745	163	29	,	,	PUNCT
dem-11745	163	30	international	international	ADJ
dem-11745	163	31	journal	journal	NOUN
dem-11745	163	32	of	of	ADP
dem-11745	163	33	economics	economic	NOUN
dem-11745	163	34	and	and	CCONJ
dem-11745	163	35	finance	finance	NOUN
dem-11745	163	36	,	,	PUNCT
dem-11745	163	37	6(10	6(10	NUM
dem-11745	163	38	)	)	PUNCT
dem-11745	163	39	,	,	PUNCT
dem-11745	163	40	118–128	118–128	NUM
dem-11745	163	41	,	,	PUNCT
dem-11745	163	42	doi	doi	NOUN
dem-11745	163	43	:	:	PUNCT
dem-11745	163	44	http://dx.doi.org/10.5539/ijef.v6n10p118	http://dx.doi.org/10.5539/ijef.v6n10p118	PROPN
dem-11745	163	45	.	.	PUNCT
dem-11745	164	1	matuszewska	matuszewska	PROPN
dem-11745	164	2	,	,	PUNCT
dem-11745	164	3	a.	a.	NOUN
dem-11745	164	4	,	,	PUNCT
dem-11745	164	5	witkowska	witkowska	PROPN
dem-11745	164	6	,	,	PUNCT
dem-11745	164	7	d.	d.	PROPN
dem-11745	164	8	(	(	PUNCT
dem-11745	164	9	2006	2006	NUM
dem-11745	164	10	)	)	PUNCT
dem-11745	164	11	,	,	PUNCT
dem-11745	164	12	analiza	analiza	NOUN
dem-11745	164	13	zmian	zmian	NOUN
dem-11745	164	14	kursu	kursu	PROPN
dem-11745	164	15	euro	euro	PROPN
dem-11745	164	16	/	/	SYM
dem-11745	164	17	dolar	dolar	ADJ
dem-11745	164	18	:	:	PUNCT
dem-11745	164	19	model	model	NOUN
dem-11745	164	20	var	var	NOUN
dem-11745	165	1	i	i	PRON
dem-11745	165	2	perceptron	perceptron	PROPN
dem-11745	165	3	wielowarstwowy	wielowarstwowy	PROPN
dem-11745	165	4	(	(	PUNCT
dem-11745	165	5	analysis	analysis	NOUN
dem-11745	165	6	of	of	ADP
dem-11745	165	7	change	change	NOUN
dem-11745	165	8	rate	rate	NOUN
dem-11745	165	9	euro	euro	PROPN
dem-11745	165	10	/	/	SYM
dem-11745	165	11	dollar	dollar	NOUN
dem-11745	165	12	:	:	PUNCT
dem-11745	165	13	var	var	NOUN
dem-11745	165	14	model	model	NOUN
dem-11745	165	15	and	and	CCONJ
dem-11745	165	16	multilayer	multilayer	ADJ
dem-11745	165	17	perceptron	perceptron	PROPN
dem-11745	165	18	)	)	PUNCT
dem-11745	165	19	,	,	PUNCT
dem-11745	165	20	zeszyty	zeszyty	VERB
dem-11745	165	21	naukowe	naukowe	NOUN
dem-11745	165	22	szkoły	szkoły	NOUN
dem-11745	165	23	głównej	głównej	NOUN
dem-11745	165	24	gospodarstwa	gospodarstwa	PROPN
dem-11745	165	25	wiejskiego	wiejskiego	PROPN
dem-11745	165	26	w	w	PROPN
dem-11745	165	27	warszawie	warszawie	PROPN
dem-11745	165	28	.	.	PUNCT
dem-11745	166	1	ekonomika	ekonomika	INTJ
dem-11745	167	1	i	i	PRON
dem-11745	167	2	organizacja	organizacja	ADJ
dem-11745	167	3	gospodarki	gospodarki	NOUN
dem-11745	167	4	żywnościowej	żywnościowej	NOUN
dem-11745	167	5	(	(	PUNCT
dem-11745	167	6	annals	annal	NOUN
dem-11745	167	7	of	of	ADP
dem-11745	167	8	warsaw	warsaw	PROPN
dem-11745	167	9	agricultural	agricultural	PROPN
dem-11745	167	10	university	university	PROPN
dem-11745	167	11	sggw	sggw	NOUN
dem-11745	167	12	-	-	PUNCT
dem-11745	167	13	ar	ar	NOUN
dem-11745	167	14	.	.	PROPN
dem-11745	167	15	economics	economic	NOUN
dem-11745	167	16	and	and	CCONJ
dem-11745	167	17	organization	organization	NOUN
dem-11745	167	18	of	of	ADP
dem-11745	167	19	food	food	NOUN
dem-11745	167	20	economy	economy	NOUN
dem-11745	167	21	.	.	PUNCT
dem-11745	167	22	)	)	PUNCT
dem-11745	167	23	,	,	PUNCT
dem-11745	168	1	241–250	241–250	NUM
dem-11745	168	2	.	.	PUNCT
dem-11745	168	3	mills	mill	NOUN
dem-11745	168	4	,	,	PUNCT
dem-11745	168	5	t.	t.	PROPN
dem-11745	168	6	c.	c.	PROPN
dem-11745	168	7	,	,	PUNCT
dem-11745	168	8	markellos	markello	NOUN
dem-11745	168	9	,	,	PUNCT
dem-11745	168	10	r.	r.	PROPN
dem-11745	168	11	n.	n.	PROPN
dem-11745	168	12	(	(	PUNCT
dem-11745	168	13	2008	2008	NUM
dem-11745	168	14	)	)	PUNCT
dem-11745	168	15	,	,	PUNCT
dem-11745	168	16	the	the	DET
dem-11745	168	17	econometric	econometric	ADJ
dem-11745	168	18	modelling	modelling	NOUN
dem-11745	168	19	of	of	ADP
dem-11745	168	20	financial	financial	ADJ
dem-11745	168	21	time	time	NOUN
dem-11745	168	22	series	series	PROPN
dem-11745	168	23	(	(	PUNCT
dem-11745	168	24	third	third	PROPN
dem-11745	168	25	edition	edition	NOUN
dem-11745	168	26	)	)	PUNCT
dem-11745	168	27	,	,	PUNCT
dem-11745	168	28	cambridge	cambridge	PROPN
dem-11745	168	29	university	university	PROPN
dem-11745	168	30	press	press	NOUN
dem-11745	168	31	.	.	PUNCT
dem-11745	169	1	montgomery	montgomery	PROPN
dem-11745	169	2	,	,	PUNCT
dem-11745	169	3	d.	d.	PROPN
dem-11745	169	4	,	,	PUNCT
dem-11745	169	5	jennings	jennings	PROPN
dem-11745	169	6	,	,	PUNCT
dem-11745	169	7	c.	c.	PROPN
dem-11745	169	8	,	,	PUNCT
dem-11745	169	9	kulahci	kulahci	NOUN
dem-11745	169	10	,	,	PUNCT
dem-11745	169	11	m.	m.	NOUN
dem-11745	169	12	(	(	PUNCT
dem-11745	169	13	2008	2008	NUM
dem-11745	169	14	)	)	PUNCT
dem-11745	169	15	,	,	PUNCT
dem-11745	169	16	introduction	introduction	NOUN
dem-11745	169	17	to	to	ADP
dem-11745	169	18	time	time	NOUN
dem-11745	169	19	series	series	NOUN
dem-11745	169	20	analysis	analysis	NOUN
dem-11745	169	21	and	and	CCONJ
dem-11745	169	22	forecasting	forecasting	NOUN
dem-11745	169	23	,	,	PUNCT
dem-11745	169	24	john	john	PROPN
dem-11745	169	25	wiley	wiley	PROPN
dem-11745	169	26	&	&	CCONJ
dem-11745	169	27	sons	sons	PROPN
dem-11745	169	28	.	.	PUNCT
dem-11745	169	29	inc	inc	PROPN
dem-11745	169	30	.	.	PROPN
dem-11745	169	31	murphy	murphy	PROPN
dem-11745	169	32	,	,	PUNCT
dem-11745	169	33	e.	e.	PROPN
dem-11745	169	34	v.	v.	PROPN
dem-11745	169	35	,	,	PUNCT
dem-11745	169	36	murphy	murphy	PROPN
dem-11745	169	37	,	,	PUNCT
dem-11745	169	38	m.	m.	NOUN
dem-11745	169	39	,	,	PUNCT
dem-11745	169	40	seitzinger	seitzinger	NOUN
dem-11745	169	41	,	,	PUNCT
dem-11745	169	42	m.	m.	NOUN
dem-11745	169	43	(	(	PUNCT
dem-11745	169	44	2015	2015	NUM
dem-11745	169	45	)	)	PUNCT
dem-11745	169	46	,	,	PUNCT
dem-11745	169	47	bitcoin	bitcoin	NOUN
dem-11745	169	48	:	:	PUNCT
dem-11745	169	49	questions	question	NOUN
dem-11745	169	50	,	,	PUNCT
dem-11745	169	51	answers	answer	NOUN
dem-11745	169	52	,	,	PUNCT
dem-11745	169	53	and	and	CCONJ
dem-11745	169	54	analysis	analysis	NOUN
dem-11745	169	55	of	of	ADP
dem-11745	169	56	legal	legal	ADJ
dem-11745	169	57	issues	issue	NOUN
dem-11745	169	58	.	.	PUNCT
dem-11745	170	1	congressional	congressional	ADJ
dem-11745	170	2	research	research	NOUN
dem-11745	170	3	service	service	NOUN
dem-11745	170	4	,	,	PUNCT
dem-11745	170	5	https://www.fas.org/sgp/crs/misc/r43339.pdf	https://www.fas.org/sgp/crs/misc/r43339.pdf	PROPN
dem-11745	170	6	.	.	PROPN
dem-11745	170	7	nakatsuma	nakatsuma	PROPN
dem-11745	170	8	,	,	PUNCT
dem-11745	170	9	t.	t.	PROPN
dem-11745	170	10	,	,	PUNCT
dem-11745	170	11	tsurumi	tsurumi	PROPN
dem-11745	170	12	,	,	PUNCT
dem-11745	170	13	h.	h.	PROPN
dem-11745	170	14	(	(	PUNCT
dem-11745	170	15	1999	1999	NUM
dem-11745	170	16	)	)	PUNCT
dem-11745	170	17	,	,	PUNCT
dem-11745	170	18	bayesian	bayesian	NOUN
dem-11745	170	19	estimation	estimation	NOUN
dem-11745	170	20	of	of	ADP
dem-11745	170	21	arma	arma	ADJ
dem-11745	170	22	-	-	PUNCT
dem-11745	170	23	garch	garch	NOUN
dem-11745	170	24	model	model	NOUN
dem-11745	170	25	of	of	ADP
dem-11745	170	26	weekly	weekly	ADJ
dem-11745	170	27	foreign	foreign	ADJ
dem-11745	170	28	exchange	exchange	NOUN
dem-11745	170	29	rates	rate	NOUN
dem-11745	170	30	,	,	PUNCT
dem-11745	170	31	asia	asia	PROPN
dem-11745	170	32	-	-	PUNCT
dem-11745	170	33	pacific	pacific	ADJ
dem-11745	170	34	financial	financial	ADJ
dem-11745	170	35	markets	market	NOUN
dem-11745	170	36	,	,	PUNCT
dem-11745	170	37	6(1	6(1	NUM
dem-11745	170	38	)	)	PUNCT
dem-11745	170	39	,	,	PUNCT
dem-11745	170	40	71–84	71–84	NOUN
dem-11745	170	41	,	,	PUNCT
dem-11745	170	42	doi	doi	NOUN
dem-11745	170	43	:	:	PUNCT
dem-11745	170	44	http://dx.doi.org/10.1023/a:1010058509622	http://dx.doi.org/10.1023/a:1010058509622	PROPN
dem-11745	170	45	.	.	PUNCT
dem-11745	171	1	beata	beata	PROPN
dem-11745	171	2	szetela	szetela	PROPN
dem-11745	171	3	,	,	PUNCT
dem-11745	171	4	grzegorz	grzegorz	NOUN
dem-11745	171	5	mentel	mentel	NOUN
dem-11745	171	6	,	,	PUNCT
dem-11745	171	7	stanisław	stanisław	VERB
dem-11745	171	8	gędek	gędek	PROPN
dem-11745	171	9	dynamic	dynamic	ADJ
dem-11745	171	10	econometric	econometric	ADJ
dem-11745	171	11	models	model	NOUN
dem-11745	171	12	16	16	NUM
dem-11745	171	13	(	(	PUNCT
dem-11745	171	14	2016	2016	NUM
dem-11745	171	15	)	)	PUNCT
dem-11745	171	16	133–144	133–144	NUM
dem-11745	171	17	144	144	NUM
dem-11745	171	18	pesaran	pesaran	NOUN
dem-11745	171	19	,	,	PUNCT
dem-11745	171	20	m.	m.	NOUN
dem-11745	171	21	h.	h.	PROPN
dem-11745	171	22	(	(	PUNCT
dem-11745	171	23	2015	2015	NUM
dem-11745	171	24	)	)	PUNCT
dem-11745	171	25	,	,	PUNCT
dem-11745	171	26	time	time	NOUN
dem-11745	171	27	series	series	PROPN
dem-11745	171	28	and	and	CCONJ
dem-11745	171	29	panel	panel	NOUN
dem-11745	171	30	data	datum	NOUN
dem-11745	171	31	econometrics	econometric	NOUN
dem-11745	171	32	,	,	PUNCT
dem-11745	171	33	1st	1st	ADJ
dem-11745	171	34	edition	edition	NOUN
dem-11745	171	35	,	,	PUNCT
dem-11745	171	36	oxford	oxford	PROPN
dem-11745	171	37	university	university	PROPN
dem-11745	171	38	press	press	NOUN
dem-11745	171	39	.	.	PUNCT
dem-11745	172	1	plassaras	plassaras	PROPN
dem-11745	172	2	,	,	PUNCT
dem-11745	172	3	n.	n.	PROPN
dem-11745	172	4	a.	a.	PROPN
dem-11745	172	5	(	(	PUNCT
dem-11745	172	6	2013	2013	NUM
dem-11745	172	7	)	)	PUNCT
dem-11745	172	8	,	,	PUNCT
dem-11745	172	9	regulating	regulate	VERB
dem-11745	172	10	digital	digital	ADJ
dem-11745	172	11	currencies	currency	NOUN
dem-11745	172	12	:	:	PUNCT
dem-11745	172	13	bringing	bring	VERB
dem-11745	172	14	bitcoin	bitcoin	NOUN
dem-11745	172	15	within	within	ADP
dem-11745	172	16	the	the	DET
dem-11745	172	17	reach	reach	NOUN
dem-11745	172	18	of	of	ADP
dem-11745	172	19	imf	imf	PROPN
dem-11745	172	20	,	,	PUNCT
dem-11745	172	21	chicago	chicago	PROPN
dem-11745	172	22	journal	journal	PROPN
dem-11745	172	23	of	of	ADP
dem-11745	172	24	international	international	ADJ
dem-11745	172	25	law	law	NOUN
dem-11745	172	26	,	,	PUNCT
dem-11745	172	27	14	14	NUM
dem-11745	172	28	,	,	PUNCT
dem-11745	172	29	377–408	377–408	NUM
dem-11745	172	30	,	,	PUNCT
dem-11745	172	31	http://chicagounbound.uchicago.edu/cjil/vol14/iss1/12	http://chicagounbound.uchicago.edu/cjil/vol14/iss1/12	PROPN
dem-11745	172	32	.	.	PUNCT
dem-11745	173	1	pricewaterhousecoopers	pricewaterhousecoopers	PROPN
dem-11745	173	2	(	(	PUNCT
dem-11745	173	3	2015	2015	NUM
dem-11745	173	4	)	)	PUNCT
dem-11745	173	5	,	,	PUNCT
dem-11745	173	6	money	money	NOUN
dem-11745	173	7	is	be	AUX
dem-11745	173	8	no	no	DET
dem-11745	173	9	object	object	NOUN
dem-11745	173	10	:	:	PUNCT
dem-11745	173	11	understanding	understand	VERB
dem-11745	173	12	the	the	DET
dem-11745	173	13	evolving	evolve	VERB
dem-11745	173	14	cryptocurrency	cryptocurrency	NOUN
dem-11745	173	15	market	market	NOUN
dem-11745	173	16	,	,	PUNCT
dem-11745	173	17	http://www.pwc.com/us/en/financial-services/publications/	http://www.pwc.com/us/en/financial-services/publications/	ADJ
dem-11745	173	18	assets	asset	NOUN
dem-11745	173	19	/	/	SYM
dem-11745	173	20	pwc	pwc	NOUN
dem-11745	173	21	-	-	PUNCT
dem-11745	173	22	cryptocurrency	cryptocurrency	NOUN
dem-11745	173	23	-	-	PUNCT
dem-11745	173	24	evolution.pdf	evolution.pdf	NOUN
dem-11745	173	25	.	.	X
dem-11745	173	26	quaicoe	quaicoe	PROPN
dem-11745	173	27	,	,	PUNCT
dem-11745	173	28	m.	m.	NOUN
dem-11745	173	29	,	,	PUNCT
dem-11745	173	30	twenefour	twenefour	NOUN
dem-11745	173	31	,	,	PUNCT
dem-11745	173	32	f.	f.	PROPN
dem-11745	173	33	,	,	PUNCT
dem-11745	173	34	baah	baah	PROPN
dem-11745	173	35	,	,	PUNCT
dem-11745	173	36	e.	e.	PROPN
dem-11745	173	37	,	,	PUNCT
dem-11745	173	38	nortey	nortey	PROPN
dem-11745	173	39	,	,	PUNCT
dem-11745	173	40	e.	e.	PROPN
dem-11745	173	41	(	(	PUNCT
dem-11745	173	42	2015	2015	NUM
dem-11745	173	43	)	)	PUNCT
dem-11745	173	44	,	,	PUNCT
dem-11745	173	45	modeling	model	VERB
dem-11745	173	46	variations	variation	NOUN
dem-11745	173	47	in	in	ADP
dem-11745	173	48	the	the	DET
dem-11745	173	49	cedi	cedi	NOUN
dem-11745	173	50	/	/	SYM
dem-11745	173	51	dollar	dollar	NOUN
dem-11745	173	52	exchange	exchange	NOUN
dem-11745	173	53	rate	rate	NOUN
dem-11745	173	54	in	in	ADP
dem-11745	173	55	ghana	ghana	PROPN
dem-11745	173	56	:	:	PUNCT
dem-11745	173	57	an	an	DET
dem-11745	173	58	autoregressive	autoregressive	ADJ
dem-11745	173	59	conditional	conditional	ADJ
dem-11745	173	60	heteroscedastic	heteroscedastic	ADJ
dem-11745	173	61	(	(	PUNCT
dem-11745	173	62	arch	arch	ADJ
dem-11745	173	63	)	)	PUNCT
dem-11745	173	64	models	model	NOUN
dem-11745	173	65	,	,	PUNCT
dem-11745	173	66	springerplus	springerplus	PROPN
dem-11745	173	67	,	,	PUNCT
dem-11745	173	68	4(329	4(329	PROPN
dem-11745	173	69	)	)	PUNCT
dem-11745	173	70	,	,	PUNCT
dem-11745	173	71	doi	doi	NOUN
dem-11745	173	72	:	:	PUNCT
dem-11745	173	73	http://dx.doi.org/10.1186/s40064-015-1118-0	http://dx.doi.org/10.1186/s40064-015-1118-0	NUM
dem-11745	173	74	.	.	PUNCT
dem-11745	173	75	rogojanu	rogojanu	PROPN
dem-11745	173	76	,	,	PUNCT
dem-11745	173	77	a.	a.	NOUN
dem-11745	173	78	,	,	PUNCT
dem-11745	173	79	badea	badea	NOUN
dem-11745	173	80	,	,	PUNCT
dem-11745	173	81	l.	l.	PROPN
dem-11745	173	82	(	(	PUNCT
dem-11745	173	83	2015	2015	NUM
dem-11745	173	84	)	)	PUNCT
dem-11745	173	85	,	,	PUNCT
dem-11745	173	86	the	the	DET
dem-11745	173	87	issue	issue	NOUN
dem-11745	173	88	of	of	ADP
dem-11745	173	89	“	"	PUNCT
dem-11745	173	90	true	true	ADJ
dem-11745	173	91	”	"	PUNCT
dem-11745	173	92	money	money	NOUN
dem-11745	173	93	in	in	ADP
dem-11745	173	94	front	front	NOUN
dem-11745	173	95	of	of	ADP
dem-11745	173	96	the	the	DET
dem-11745	173	97	bitcoin	bitcoin	NOUN
dem-11745	173	98	's	's	PART
dem-11745	173	99	offensive	offensive	ADJ
dem-11745	173	100	,	,	PUNCT
dem-11745	173	101	theoretical	theoretical	ADJ
dem-11745	173	102	and	and	CCONJ
dem-11745	173	103	applied	applied	ADJ
dem-11745	173	104	economics	economic	NOUN
dem-11745	173	105	,	,	PUNCT
dem-11745	173	106	22(2	22(2	NUM
dem-11745	173	107	)	)	PUNCT
dem-11745	173	108	,	,	PUNCT
dem-11745	173	109	77–90	77–90	NUM
dem-11745	173	110	.	.	PUNCT
dem-11745	174	1	szetela	szetela	PROPN
dem-11745	174	2	,	,	PUNCT
dem-11745	174	3	b.	b.	PROPN
dem-11745	174	4	(	(	PUNCT
dem-11745	174	5	2016	2016	NUM
dem-11745	174	6	)	)	PUNCT
dem-11745	174	7	,	,	PUNCT
dem-11745	174	8	the	the	DET
dem-11745	174	9	use	use	NOUN
dem-11745	174	10	of	of	ADP
dem-11745	174	11	control	control	NOUN
dem-11745	174	12	charts	chart	NOUN
dem-11745	174	13	in	in	ADP
dem-11745	174	14	the	the	DET
dem-11745	174	15	study	study	NOUN
dem-11745	174	16	of	of	ADP
dem-11745	174	17	bitcoin	bitcoin	NOUN
dem-11745	174	18	's	's	PART
dem-11745	174	19	price	price	NOUN
dem-11745	174	20	variability	variability	NOUN
dem-11745	174	21	,	,	PUNCT
dem-11745	174	22	kounis	kounis	PROPN
dem-11745	174	23	l.d	l.d	PROPN
dem-11745	174	24	.	.	PUNCT
dem-11745	175	1	(	(	PUNCT
dem-11745	175	2	ed	ed	NOUN
dem-11745	175	3	.	.	PUNCT
dem-11745	175	4	)	)	PUNCT
dem-11745	176	1	quality	quality	NOUN
dem-11745	176	2	control	control	NOUN
dem-11745	176	3	and	and	CCONJ
dem-11745	176	4	assurance	assurance	NOUN
dem-11745	176	5	–	–	PUNCT
dem-11745	176	6	an	an	DET
dem-11745	176	7	ancient	ancient	ADJ
dem-11745	176	8	greek	greek	ADJ
dem-11745	176	9	term	term	NOUN
dem-11745	176	10	re	re	NOUN
dem-11745	176	11	-	-	VERB
dem-11745	176	12	mastered	mastered	ADJ
dem-11745	176	13	,	,	PUNCT
dem-11745	176	14	intech	intech	PROPN
dem-11745	176	15	.	.	PUNCT
dem-11745	176	16	taha	taha	PROPN
dem-11745	176	17	,	,	PUNCT
dem-11745	176	18	a.	a.	PROPN
dem-11745	176	19	s.	s.	PROPN
dem-11745	176	20	(	(	PUNCT
dem-11745	176	21	2015	2015	NUM
dem-11745	176	22	)	)	PUNCT
dem-11745	176	23	,	,	PUNCT
dem-11745	176	24	bitcoin	bitcoin	NOUN
dem-11745	176	25	:	:	PUNCT
dem-11745	176	26	perils	peril	NOUN
dem-11745	176	27	of	of	ADP
dem-11745	176	28	an	an	DET
dem-11745	176	29	unregulated	unregulated	ADJ
dem-11745	176	30	global	global	ADJ
dem-11745	176	31	p2p	p2p	NOUN
dem-11745	176	32	currency	currency	NOUN
dem-11745	176	33	(	(	PUNCT
dem-11745	176	34	transcript	transcript	NOUN
dem-11745	176	35	of	of	ADP
dem-11745	176	36	discussion	discussion	NOUN
dem-11745	176	37	)	)	PUNCT
dem-11745	176	38	,	,	PUNCT
dem-11745	176	39	security	security	NOUN
dem-11745	176	40	protocols	protocol	NOUN
dem-11745	176	41	xxiii	xxiii	PROPN
dem-11745	176	42	.	.	PUNCT
dem-11745	176	43	9379	9379	NUM
dem-11745	176	44	,	,	PUNCT
dem-11745	176	45	294–306	294–306	NUM
dem-11745	176	46	,	,	PUNCT
dem-11745	176	47	doi	doi	NOUN
dem-11745	176	48	:	:	PUNCT
dem-11745	176	49	http://dx.doi.org/10.1007/978-3-319-26096-9_30	http://dx.doi.org/10.1007/978-3-319-26096-9_30	PROPN
dem-11745	176	50	.	.	PUNCT
dem-11745	177	1	tasca	tasca	PROPN
dem-11745	177	2	,	,	PUNCT
dem-11745	177	3	p.	p.	NOUN
dem-11745	177	4	,	,	PUNCT
dem-11745	177	5	de	de	X
dem-11745	177	6	roure	roure	NOUN
dem-11745	177	7	,	,	PUNCT
dem-11745	177	8	c.	c.	PROPN
dem-11745	177	9	(	(	PUNCT
dem-11745	177	10	2014	2014	NUM
dem-11745	177	11	)	)	PUNCT
dem-11745	177	12	,	,	PUNCT
dem-11745	177	13	bitcoin	bitcoin	PROPN
dem-11745	177	14	and	and	CCONJ
dem-11745	177	15	the	the	DET
dem-11745	177	16	ppp	ppp	NOUN
dem-11745	177	17	puzzle	puzzle	NOUN
dem-11745	177	18	,	,	PUNCT
dem-11745	177	19	doi	doi	NOUN
dem-11745	177	20	:	:	PUNCT
dem-11745	177	21	http://dx.doi.org/10.2139/ssrn.2461588	http://dx.doi.org/10.2139/ssrn.2461588	X
dem-11745	177	22	.	.	X
dem-11745	177	23	vockathaler	vockathaler	PROPN
dem-11745	177	24	,	,	PUNCT
dem-11745	177	25	b.	b.	PROPN
dem-11745	177	26	(	(	PUNCT
dem-11745	177	27	2015	2015	NUM
dem-11745	177	28	)	)	PUNCT
dem-11745	177	29	,	,	PUNCT
dem-11745	177	30	the	the	DET
dem-11745	177	31	bitcoin	bitcoin	ADJ
dem-11745	177	32	boom	boom	NOUN
dem-11745	177	33	:	:	PUNCT
dem-11745	177	34	an	an	DET
dem-11745	177	35	in	in	ADP
dem-11745	177	36	depth	depth	NOUN
dem-11745	177	37	analysis	analysis	NOUN
dem-11745	177	38	of	of	ADP
dem-11745	177	39	the	the	DET
dem-11745	177	40	price	price	NOUN
dem-11745	177	41	of	of	ADP
dem-11745	177	42	bitcoins	bitcoin	NOUN
dem-11745	177	43	,	,	PUNCT
dem-11745	177	44	major	major	ADJ
dem-11745	177	45	research	research	NOUN
dem-11745	177	46	paper	paper	NOUN
dem-11745	177	47	university	university	PROPN
dem-11745	177	48	of	of	ADP
dem-11745	177	49	ottawa	ottawa	PROPN
dem-11745	177	50	,	,	PUNCT
dem-11745	177	51	https://www.ruor.uottawa.ca/bitstream/	https://www.ruor.uottawa.ca/bitstream/	PROPN
dem-11745	177	52	10393/32888/1	10393/32888/1	NUM
dem-11745	177	53	/	/	SYM
dem-11745	177	54	vockathaler_brian_2015_researchpaper.pdf	vockathaler_brian_2015_researchpaper.pdf	NOUN
dem-11745	177	55	.	.	PUNCT
dem-11745	178	1	weber	weber	PROPN
dem-11745	178	2	,	,	PUNCT
dem-11745	178	3	w.	w.	PROPN
dem-11745	178	4	e.	e.	PROPN
dem-11745	178	5	(	(	PUNCT
dem-11745	178	6	2016	2016	NUM
dem-11745	178	7	)	)	PUNCT
dem-11745	178	8	,	,	PUNCT
dem-11745	178	9	a	a	DET
dem-11745	178	10	bitcoin	bitcoin	ADJ
dem-11745	178	11	standard	standard	NOUN
dem-11745	178	12	:	:	PUNCT
dem-11745	178	13	lessons	lesson	NOUN
dem-11745	178	14	from	from	ADP
dem-11745	178	15	the	the	DET
dem-11745	178	16	gold	gold	NOUN
dem-11745	178	17	standard	standard	NOUN
dem-11745	178	18	,	,	PUNCT
dem-11745	178	19	bank	bank	PROPN
dem-11745	178	20	of	of	ADP
dem-11745	178	21	canada	canada	PROPN
dem-11745	179	1	staff	staff	PROPN
dem-11745	179	2	working	working	NOUN
dem-11745	179	3	paper	paper	NOUN
dem-11745	179	4	,	,	PUNCT
dem-11745	179	5	2016–14	2016–14	NUM
dem-11745	179	6	,	,	PUNCT
dem-11745	179	7	http://www.bankofcanada.ca/wp-content/uploads/	http://www.bankofcanada.ca/wp-content/uploads/	PROPN
dem-11745	179	8	2016/03	2016/03	NUM
dem-11745	179	9	/	/	SYM
dem-11745	179	10	swp2016	swp2016	PROPN
dem-11745	179	11	-	-	PUNCT
dem-11745	179	12	14.pdf	14.pdf	PROPN
dem-11745	179	13	.	.	PUNCT
dem-11745	179	14	analiza	analiza	PROPN
dem-11745	179	15	zależności	zależności	PROPN
dem-11745	179	16	pomiędzy	pomiędzy	PROPN
dem-11745	179	17	bitcoinem	bitcoinem	PROPN
dem-11745	179	18	a	a	DET
dem-11745	179	19	wybranymi	wybranymi	NOUN
dem-11745	179	20	walutami	walutami	NOUN
dem-11745	180	1	z	z	NOUN
dem-11745	180	2	a	a	DET
dem-11745	180	3	r	r	NOUN
dem-11745	180	4	y	y	PROPN
dem-11745	180	5	s	s	PROPN
dem-11745	180	6	t	t	NOUN
dem-11745	180	7	r	r	NOUN
dem-11745	180	8	e	e	PROPN
dem-11745	180	9	ś	ś	PROPN
dem-11745	180	10	c	c	PROPN
dem-11745	180	11	i.	i.	PROPN
dem-11745	180	12	w	w	PROPN
dem-11745	180	13	badaniach	badaniach	PROPN
dem-11745	180	14	staraliśmy	staraliśmy	PROPN
dem-11745	180	15	się	się	PROPN
dem-11745	180	16	przeanalizować	przeanalizować	VERB
dem-11745	180	17	i	i	PRON
dem-11745	180	18	określić	określić	ADJ
dem-11745	180	19	zależność	zależność	NOUN
dem-11745	180	20	pomiędzy	pomiędzy	VERB
dem-11745	180	21	kursem	kursem	PROPN
dem-11745	180	22	bitcoina	bitcoina	PROPN
dem-11745	180	23	do	do	VERB
dem-11745	180	24	polskiego	polskiego	PROPN
dem-11745	180	25	złotego	złotego	PROPN
dem-11745	180	26	,	,	PUNCT
dem-11745	180	27	a	a	DET
dem-11745	180	28	innymi	innymi	NOUN
dem-11745	180	29	czołowymi	czołowymi	VERB
dem-11745	180	30	walutami	walutami	NOUN
dem-11745	180	31	,	,	PUNCT
dem-11745	180	32	takimi	takimi	PROPN
dem-11745	180	33	jak	jak	PROPN
dem-11745	180	34	dolar	dolar	PROPN
dem-11745	180	35	,	,	PUNCT
dem-11745	180	36	euro	euro	ADJ
dem-11745	180	37	,	,	PUNCT
dem-11745	180	38	funt	funt	ADJ
dem-11745	180	39	brytyjski	brytyjski	NOUN
dem-11745	181	1	i	i	PRON
dem-11745	181	2	chiński	chiński	PROPN
dem-11745	181	3	yuan	yuan	PROPN
dem-11745	181	4	.	.	PUNCT
dem-11745	182	1	waluty	waluty	PROPN
dem-11745	182	2	zostały	zostały	PROPN
dem-11745	182	3	wybrane	wybrane	PROPN
dem-11745	182	4	w	w	PROPN
dem-11745	182	5	oparciu	oparciu	PROPN
dem-11745	182	6	o	o	X
dem-11745	182	7	wielkość	wielkość	NOUN
dem-11745	182	8	wolumenu	wolumenu	NOUN
dem-11745	182	9	transakcji	transakcji	ADV
dem-11745	182	10	do	do	VERB
dem-11745	182	11	bitcoina	bitcoina	NOUN
dem-11745	182	12	.	.	PUNCT
dem-11745	183	1	zastosowaliśmy	zastosowaliśmy	PROPN
dem-11745	183	2	modele	modele	PROPN
dem-11745	183	3	arma	arma	PROPN
dem-11745	183	4	do	do	AUX
dem-11745	183	5	modelowania	modelowania	PROPN
dem-11745	183	6	warunkowej	warunkowej	PROPN
dem-11745	183	7	średniej	średniej	PROPN
dem-11745	183	8	oraz	oraz	PROPN
dem-11745	183	9	modele	modele	PROPN
dem-11745	183	10	garch	garch	PROPN
dem-11745	183	11	do	do	VERB
dem-11745	183	12	analizy	analizy	PROPN
dem-11745	183	13	warunkowej	warunkowej	PROPN
dem-11745	183	14	wariancji	wariancji	PROPN
dem-11745	183	15	.	.	PUNCT
dem-11745	184	1	wyniki	wyniki	PROPN
dem-11745	184	2	nie	nie	PROPN
dem-11745	184	3	wykazały	wykazały	PROPN
dem-11745	184	4	związku	związku	NOUN
dem-11745	184	5	pomiędzy	pomiędzy	PROPN
dem-11745	184	6	logarytmiczną	logarytmiczną	PROPN
dem-11745	184	7	stopą	stopą	PROPN
dem-11745	184	8	zwrotu	zwrotu	PROPN
dem-11745	184	9	z	z	PROPN
dem-11745	184	10	bitcoina	bitcoina	PROPN
dem-11745	184	11	do	do	VERB
dem-11745	184	12	złotówki	złotówki	NOUN
dem-11745	184	13	,	,	PUNCT
dem-11745	184	14	a	a	DET
dem-11745	184	15	pozostałymi	pozostałymi	ADJ
dem-11745	184	16	kursami	kursami	NOUN
dem-11745	184	17	walut	walut	PROPN
dem-11745	184	18	w	w	PROPN
dem-11745	184	19	zakresie	zakresie	PROPN
dem-11745	184	20	warunkowej	warunkowej	AUX
dem-11745	184	21	średniej	średniej	PROPN
dem-11745	184	22	.	.	PUNCT
dem-11745	185	1	natomiast	natomiast	PROPN
dem-11745	185	2	zastosowanie	zastosowanie	PROPN
dem-11745	185	3	modeli	modeli	PROPN
dem-11745	185	4	gach	gach	PROPN
dem-11745	185	5	wykazało	wykazało	AUX
dem-11745	185	6	pewną	pewną	ADJ
dem-11745	185	7	zależność	zależność	PROPN
dem-11745	185	8	pomiędzy	pomiędzy	VERB
dem-11745	185	9	bitcoinem	bitcoinem	PROPN
dem-11745	185	10	a	a	DET
dem-11745	185	11	innymi	innymi	NOUN
dem-11745	185	12	walutami	walutami	NOUN
dem-11745	185	13	,	,	PUNCT
dem-11745	185	14	w	w	PROPN
dem-11745	185	15	kontekście	kontekście	PROPN
dem-11745	185	16	modelowania	modelowania	PROPN
dem-11745	185	17	warunkowej	warunkowej	PROPN
dem-11745	185	18	wariancji	wariancji	PROPN
dem-11745	185	19	.	.	PUNCT
dem-11745	186	1	s	s	PART
dem-11745	187	1	ł	ł	PROPN
dem-11745	187	2	o	o	X
dem-11745	187	3	w	w	NOUN
dem-11745	187	4	a	a	DET
dem-11745	187	5	k	k	X
dem-11745	187	6	l	l	NOUN
dem-11745	187	7	u	u	NOUN
dem-11745	188	1	c	c	NOUN
dem-11745	188	2	z	z	NOUN
dem-11745	188	3	o	o	X
dem-11745	188	4	w	w	PROPN
dem-11745	188	5	e	e	NOUN
dem-11745	188	6	:	:	PUNCT
dem-11745	188	7	arma	arma	ADJ
dem-11745	188	8	,	,	PUNCT
dem-11745	188	9	bitcoin	bitcoin	ADJ
dem-11745	188	10	,	,	PUNCT
dem-11745	188	11	garch	garch	NOUN
dem-11745	188	12	,	,	PUNCT
dem-11745	188	13	var	var	NOUN
dem-11745	188	14	,	,	PUNCT
dem-11745	188	15	zależność	zależność	NOUN
dem-11745	188	16	.	.	PUNCT
