id	sid	tid	token	lemma	pos
emaj-266	1	1	volume	volume	NOUN
emaj-266	1	2	7	7	NUM
emaj-266	1	3	no	no	DET
emaj-266	1	4	2	2	NUM
emaj-266	1	5	(	(	PUNCT
emaj-266	1	6	2018	2018	NUM
emaj-266	1	7	)	)	PUNCT
emaj-266	2	1	|	|	ADV
emaj-266	2	2	issn	issn	VERB
emaj-266	2	3	2158	2158	NUM
emaj-266	2	4	-	-	SYM
emaj-266	2	5	8708	8708	NUM
emaj-266	2	6	(	(	PUNCT
emaj-266	2	7	online	online	NOUN
emaj-266	2	8	)	)	PUNCT
emaj-266	2	9	|	|	ADV
emaj-266	2	10	doi	doi	X
emaj-266	2	11	10.5195	10.5195	NUM
emaj-266	2	12	/	/	SYM
emaj-266	2	13	emaj.2018.134	emaj.2018.134	PROPN
emaj-266	2	14	|	|	ADV
emaj-266	2	15	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-266	2	16	investigating	investigate	VERB
emaj-266	2	17	the	the	DET
emaj-266	2	18	market	market	NOUN
emaj-266	2	19	linkages	linkage	NOUN
emaj-266	2	20	between	between	ADP
emaj-266	2	21	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	2	22	and	and	CCONJ
emaj-266	2	23	conventional	conventional	ADJ
emaj-266	2	24	assets	asset	NOUN
emaj-266	2	25	melih	melih	PROPN
emaj-266	2	26	sefa	sefa	PROPN
emaj-266	2	27	yavuz	yavuz	PROPN
emaj-266	2	28	beykent	beykent	PROPN
emaj-266	2	29	university	university	PROPN
emaj-266	2	30	,	,	PUNCT
emaj-266	2	31	turkey	turkey	NOUN
emaj-266	3	1	|	|	ADV
emaj-266	3	2	e	e	NOUN
emaj-266	3	3	-	-	NOUN
emaj-266	3	4	mail	mail	NOUN
emaj-266	3	5	:	:	PUNCT
emaj-266	3	6	sefayavuz@beykent.edu.tr	sefayavuz@beykent.edu.tr	PROPN
emaj-266	3	7	gözde	gözde	PROPN
emaj-266	3	8	bozkurt	bozkurt	PROPN
emaj-266	3	9	beykent	beykent	PROPN
emaj-266	3	10	university	university	PROPN
emaj-266	3	11	,	,	PUNCT
emaj-266	3	12	turkey	turkey	NOUN
emaj-266	4	1	|	|	ADV
emaj-266	4	2	e	e	NOUN
emaj-266	4	3	-	-	NOUN
emaj-266	4	4	mail	mail	NOUN
emaj-266	4	5	:	:	PUNCT
emaj-266	4	6	gozdebozkurt@beykent.edu.tr	gozdebozkurt@beykent.edu.tr	PROPN
emaj-266	4	7	semra	semra	PROPN
emaj-266	4	8	boğa	boğa	PROPN
emaj-266	4	9	beykent	beykent	PROPN
emaj-266	4	10	university	university	PROPN
emaj-266	4	11	,	,	PUNCT
emaj-266	4	12	turkey	turkey	NOUN
emaj-266	5	1	|	|	ADV
emaj-266	5	2	e	e	NOUN
emaj-266	5	3	-	-	NOUN
emaj-266	5	4	mail	mail	NOUN
emaj-266	5	5	:	:	PUNCT
emaj-266	5	6	semraboga@beykent.edu.tr	semraboga@beykent.edu.tr	PROPN
emaj-266	5	7	abstract	abstract	ADJ
emaj-266	5	8	many	many	ADJ
emaj-266	5	9	investors	investor	NOUN
emaj-266	5	10	include	include	VERB
emaj-266	5	11	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	5	12	as	as	ADP
emaj-266	5	13	potential	potential	ADJ
emaj-266	5	14	investment	investment	NOUN
emaj-266	5	15	tools	tool	NOUN
emaj-266	5	16	in	in	ADP
emaj-266	5	17	their	their	PRON
emaj-266	5	18	portfolios	portfolio	NOUN
emaj-266	5	19	.	.	PUNCT
emaj-266	6	1	previous	previous	ADJ
emaj-266	6	2	studies	study	NOUN
emaj-266	6	3	have	have	AUX
emaj-266	6	4	mostly	mostly	ADV
emaj-266	6	5	analyzed	analyze	VERB
emaj-266	6	6	bitcoin	bitcoin	NOUN
emaj-266	6	7	regarding	regard	VERB
emaj-266	6	8	its	its	PRON
emaj-266	6	9	hedge	hedge	NOUN
emaj-266	6	10	and	and	CCONJ
emaj-266	6	11	safe	safe	ADJ
emaj-266	6	12	haven	haven	NOUN
emaj-266	6	13	features	feature	NOUN
emaj-266	6	14	.	.	PUNCT
emaj-266	7	1	although	although	SCONJ
emaj-266	7	2	the	the	DET
emaj-266	7	3	cryptocurrency	cryptocurrency	NOUN
emaj-266	7	4	market	market	NOUN
emaj-266	7	5	has	have	AUX
emaj-266	7	6	expanded	expand	VERB
emaj-266	7	7	far	far	ADV
emaj-266	7	8	beyond	beyond	ADP
emaj-266	7	9	bitcoin	bitcoin	NOUN
emaj-266	7	10	,	,	PUNCT
emaj-266	7	11	few	few	ADJ
emaj-266	7	12	studies	study	NOUN
emaj-266	7	13	have	have	AUX
emaj-266	7	14	examined	examine	VERB
emaj-266	7	15	the	the	DET
emaj-266	7	16	interaction	interaction	NOUN
emaj-266	7	17	among	among	ADP
emaj-266	7	18	all	all	DET
emaj-266	7	19	other	other	ADJ
emaj-266	7	20	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	7	21	and	and	CCONJ
emaj-266	7	22	conventional	conventional	ADJ
emaj-266	7	23	financial	financial	ADJ
emaj-266	7	24	assets	asset	NOUN
emaj-266	7	25	.	.	PUNCT
emaj-266	8	1	for	for	ADP
emaj-266	8	2	this	this	DET
emaj-266	8	3	purpose	purpose	NOUN
emaj-266	8	4	,	,	PUNCT
emaj-266	8	5	as	as	ADP
emaj-266	8	6	the	the	DET
emaj-266	8	7	dependent	dependent	ADJ
emaj-266	8	8	variable	variable	NOUN
emaj-266	8	9	,	,	PUNCT
emaj-266	8	10	we	we	PRON
emaj-266	8	11	included	include	VERB
emaj-266	8	12	the	the	DET
emaj-266	8	13	cryptocurrency	cryptocurrency	NOUN
emaj-266	8	14	index	index	NOUN
emaj-266	8	15	to	to	PART
emaj-266	8	16	represent	represent	VERB
emaj-266	8	17	the	the	DET
emaj-266	8	18	cryptocurrency	cryptocurrency	NOUN
emaj-266	8	19	market	market	NOUN
emaj-266	8	20	,	,	PUNCT
emaj-266	8	21	whereas	whereas	SCONJ
emaj-266	8	22	international	international	ADJ
emaj-266	8	23	stocks	stock	NOUN
emaj-266	8	24	,	,	PUNCT
emaj-266	8	25	bonds	bond	NOUN
emaj-266	8	26	,	,	PUNCT
emaj-266	8	27	united	united	PROPN
emaj-266	8	28	states	states	PROPN
emaj-266	8	29	(	(	PUNCT
emaj-266	8	30	us	us	PROPN
emaj-266	8	31	)	)	PUNCT
emaj-266	8	32	dollars	dollar	NOUN
emaj-266	8	33	,	,	PUNCT
emaj-266	8	34	gold	gold	NOUN
emaj-266	8	35	,	,	PUNCT
emaj-266	8	36	and	and	CCONJ
emaj-266	8	37	commodities	commodity	NOUN
emaj-266	8	38	as	as	ADP
emaj-266	8	39	independent	independent	ADJ
emaj-266	8	40	variables	variable	NOUN
emaj-266	8	41	in	in	ADP
emaj-266	8	42	the	the	DET
emaj-266	8	43	analysis	analysis	NOUN
emaj-266	8	44	.	.	PUNCT
emaj-266	9	1	the	the	DET
emaj-266	9	2	interactions	interaction	NOUN
emaj-266	9	3	among	among	ADP
emaj-266	9	4	the	the	DET
emaj-266	9	5	variables	variable	NOUN
emaj-266	9	6	were	be	AUX
emaj-266	9	7	analyzed	analyze	VERB
emaj-266	9	8	using	use	VERB
emaj-266	9	9	the	the	DET
emaj-266	9	10	granger	granger	PROPN
emaj-266	9	11	causality	causality	NOUN
emaj-266	9	12	tests	test	NOUN
emaj-266	9	13	.	.	PUNCT
emaj-266	10	1	the	the	DET
emaj-266	10	2	analysis	analysis	NOUN
emaj-266	10	3	results	result	NOUN
emaj-266	10	4	revealed	reveal	VERB
emaj-266	10	5	a	a	DET
emaj-266	10	6	two	two	NUM
emaj-266	10	7	-	-	PUNCT
emaj-266	10	8	way	way	NOUN
emaj-266	10	9	causality	causality	NOUN
emaj-266	10	10	relationship	relationship	NOUN
emaj-266	10	11	between	between	ADP
emaj-266	10	12	the	the	DET
emaj-266	10	13	cryptocurrency	cryptocurrency	NOUN
emaj-266	10	14	market	market	NOUN
emaj-266	10	15	and	and	CCONJ
emaj-266	10	16	the	the	DET
emaj-266	10	17	bond	bond	NOUN
emaj-266	10	18	markets	market	NOUN
emaj-266	10	19	,	,	PUNCT
emaj-266	10	20	indicating	indicate	VERB
emaj-266	10	21	that	that	SCONJ
emaj-266	10	22	the	the	DET
emaj-266	10	23	cryptocurrency	cryptocurrency	NOUN
emaj-266	10	24	index	index	NOUN
emaj-266	10	25	can	can	AUX
emaj-266	10	26	be	be	AUX
emaj-266	10	27	used	use	VERB
emaj-266	10	28	to	to	PART
emaj-266	10	29	predict	predict	VERB
emaj-266	10	30	bond	bond	NOUN
emaj-266	10	31	prices	price	NOUN
emaj-266	10	32	and	and	CCONJ
emaj-266	10	33	vice	vice	NOUN
emaj-266	10	34	versa	versa	ADV
emaj-266	10	35	.	.	PUNCT
emaj-266	11	1	keywords	keyword	NOUN
emaj-266	11	2	:	:	PUNCT
emaj-266	11	3	cryptocurrency	cryptocurrency	NOUN
emaj-266	11	4	,	,	PUNCT
emaj-266	11	5	conventional	conventional	ADJ
emaj-266	11	6	assets	asset	NOUN
emaj-266	11	7	,	,	PUNCT
emaj-266	11	8	market	market	NOUN
emaj-266	11	9	linkages	linkage	NOUN
emaj-266	11	10	,	,	PUNCT
emaj-266	11	11	granger	granger	PROPN
emaj-266	11	12	causality	causality	PROPN
emaj-266	11	13	new	new	ADJ
emaj-266	11	14	articles	article	NOUN
emaj-266	11	15	in	in	ADP
emaj-266	11	16	this	this	DET
emaj-266	11	17	journal	journal	NOUN
emaj-266	11	18	are	be	AUX
emaj-266	11	19	licensed	license	VERB
emaj-266	11	20	under	under	ADP
emaj-266	11	21	a	a	DET
emaj-266	11	22	creative	creative	ADJ
emaj-266	11	23	commons	common	NOUN
emaj-266	11	24	attribution	attribution	NOUN
emaj-266	11	25	3.0	3.0	NUM
emaj-266	11	26	united	unite	VERB
emaj-266	11	27	states	states	PROPN
emaj-266	11	28	license	license	NOUN
emaj-266	11	29	.	.	PUNCT
emaj-266	12	1	this	this	DET
emaj-266	12	2	journal	journal	NOUN
emaj-266	12	3	is	be	AUX
emaj-266	12	4	published	publish	VERB
emaj-266	12	5	by	by	ADP
emaj-266	12	6	the	the	DET
emaj-266	12	7	university	university	NOUN
emaj-266	12	8	library	library	NOUN
emaj-266	12	9	system	system	NOUN
emaj-266	12	10	of	of	ADP
emaj-266	12	11	the	the	DET
emaj-266	12	12	university	university	PROPN
emaj-266	12	13	of	of	ADP
emaj-266	12	14	pittsburgh	pittsburgh	PROPN
emaj-266	12	15	as	as	ADP
emaj-266	12	16	part	part	NOUN
emaj-266	12	17	of	of	ADP
emaj-266	12	18	its	its	PRON
emaj-266	12	19	d	d	NOUN
emaj-266	12	20	-	-	PUNCT
emaj-266	12	21	scribe	scribe	VERB
emaj-266	12	22	digital	digital	ADJ
emaj-266	12	23	publishing	publishing	NOUN
emaj-266	12	24	program	program	NOUN
emaj-266	12	25	,	,	PUNCT
emaj-266	12	26	and	and	CCONJ
emaj-266	12	27	is	be	AUX
emaj-266	12	28	cosponsored	cosponsor	VERB
emaj-266	12	29	by	by	ADP
emaj-266	12	30	the	the	DET
emaj-266	12	31	university	university	PROPN
emaj-266	12	32	of	of	ADP
emaj-266	12	33	pittsburgh	pittsburgh	PROPN
emaj-266	12	34	press	press	NOUN
emaj-266	12	35	.	.	PUNCT
emaj-266	13	1	volume	volume	NOUN
emaj-266	13	2	12	12	NUM
emaj-266	13	3	no	no	DET
emaj-266	13	4	2	2	NUM
emaj-266	13	5	(	(	PUNCT
emaj-266	13	6	2022	2022	NUM
emaj-266	13	7	)	)	PUNCT
emaj-266	13	8	|	|	ADV
emaj-266	13	9	issn	issn	VERB
emaj-266	13	10	2158	2158	NUM
emaj-266	13	11	-	-	SYM
emaj-266	13	12	8708	8708	NUM
emaj-266	13	13	(	(	PUNCT
emaj-266	13	14	online	online	NOUN
emaj-266	13	15	)	)	PUNCT
emaj-266	13	16	|	|	ADV
emaj-266	13	17	doi	doi	X
emaj-266	13	18	10.5195	10.5195	NUM
emaj-266	13	19	/	/	SYM
emaj-266	13	20	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	13	21	|	|	ADV
emaj-266	13	22	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-266	13	23	|	|	ADV
emaj-266	13	24	http://www.library.pitt.edu/	http://www.library.pitt.edu/	PROPN
emaj-266	13	25	http://www.pitt.edu/	http://www.pitt.edu/	NOUN
emaj-266	13	26	http://www.library.pitt.edu/articles/digpubtype/index.html	http://www.library.pitt.edu/articles/digpubtype/index.html	X
emaj-266	13	27	http://www.upress.pitt.edu/upressindex.aspx	http://www.upress.pitt.edu/upressindex.aspx	NUM
emaj-266	13	28	http://creativecommons.org/licenses/by/3.0/us/	http://creativecommons.org/licenses/by/3.0/us/	NOUN
emaj-266	13	29	volume	volume	NOUN
emaj-266	13	30	12	12	NUM
emaj-266	13	31	no	no	DET
emaj-266	13	32	2	2	NUM
emaj-266	13	33	(	(	PUNCT
emaj-266	13	34	2022	2022	NUM
emaj-266	13	35	)	)	PUNCT
emaj-266	13	36	|	|	ADV
emaj-266	13	37	issn	issn	VERB
emaj-266	13	38	2158	2158	NUM
emaj-266	13	39	-	-	SYM
emaj-266	13	40	8708	8708	NUM
emaj-266	13	41	(	(	PUNCT
emaj-266	13	42	online	online	NOUN
emaj-266	13	43	)	)	PUNCT
emaj-266	13	44	|	|	ADV
emaj-266	13	45	doi	doi	X
emaj-266	13	46	10.5195	10.5195	NUM
emaj-266	13	47	/	/	SYM
emaj-266	13	48	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	13	49	|	|	ADV
emaj-266	13	50	http://emaj.pitt.edu	http://emaj.pitt.edu	PROPN
emaj-266	13	51	melih	melih	PROPN
emaj-266	13	52	sefa	sefa	PROPN
emaj-266	13	53	yavuz	yavuz	PROPN
emaj-266	13	54	,	,	PUNCT
emaj-266	13	55	gözde	gözde	PROPN
emaj-266	13	56	bozkurt	bozkurt	PROPN
emaj-266	13	57	,	,	PUNCT
emaj-266	13	58	semra	semra	NOUN
emaj-266	13	59	boğa	boğa	PROPN
emaj-266	13	60	page	page	NOUN
emaj-266	13	61	|37|	|37|	NOUN
emaj-266	13	62	emerging	emerge	VERB
emaj-266	13	63	markets	market	NOUN
emaj-266	13	64	journal	journal	NOUN
emaj-266	13	65	investigating	investigate	VERB
emaj-266	13	66	the	the	DET
emaj-266	13	67	market	market	NOUN
emaj-266	13	68	linkages	linkage	NOUN
emaj-266	13	69	between	between	ADP
emaj-266	13	70	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	13	71	and	and	CCONJ
emaj-266	13	72	conventional	conventional	ADJ
emaj-266	13	73	assets	asset	NOUN
emaj-266	13	74	melih	melih	PROPN
emaj-266	13	75	sefa	sefa	NOUN
emaj-266	13	76	yavuz	yavuz	PROPN
emaj-266	13	77	gözde	gözde	PROPN
emaj-266	13	78	bozkurt	bozkurt	PROPN
emaj-266	13	79	semra	semra	PROPN
emaj-266	13	80	boğa	boğa	PROPN
emaj-266	13	81	i.	i.	PROPN
emaj-266	13	82	introduction	introduction	NOUN
emaj-266	13	83	contrary	contrary	ADV
emaj-266	13	84	to	to	ADP
emaj-266	13	85	the	the	DET
emaj-266	13	86	2008	2008	NUM
emaj-266	13	87	crisis	crisis	NOUN
emaj-266	13	88	,	,	PUNCT
emaj-266	13	89	the	the	DET
emaj-266	13	90	effects	effect	NOUN
emaj-266	13	91	of	of	ADP
emaj-266	13	92	the	the	DET
emaj-266	13	93	article	article	NOUN
emaj-266	13	94	titled	title	VERB
emaj-266	13	95	"	"	PUNCT
emaj-266	13	96	bitcoin	bitcoin	NOUN
emaj-266	13	97	:	:	PUNCT
emaj-266	13	98	a	a	DET
emaj-266	13	99	peer	peer	NOUN
emaj-266	13	100	-	-	PUNCT
emaj-266	13	101	to	to	ADP
emaj-266	13	102	-	-	PUNCT
emaj-266	13	103	peer	peer	NOUN
emaj-266	13	104	electronic	electronic	ADJ
emaj-266	13	105	cash	cash	NOUN
emaj-266	13	106	system	system	NOUN
emaj-266	13	107	,	,	PUNCT
emaj-266	13	108	"	"	PUNCT
emaj-266	13	109	which	which	PRON
emaj-266	13	110	was	be	AUX
emaj-266	13	111	published	publish	VERB
emaj-266	13	112	during	during	ADP
emaj-266	13	113	the	the	DET
emaj-266	13	114	2008	2008	NUM
emaj-266	13	115	global	global	ADJ
emaj-266	13	116	financial	financial	ADJ
emaj-266	13	117	crisis	crisis	NOUN
emaj-266	13	118	,	,	PUNCT
emaj-266	13	119	continue	continue	VERB
emaj-266	13	120	(	(	PUNCT
emaj-266	13	121	nakamoto	nakamoto	NOUN
emaj-266	13	122	,	,	PUNCT
emaj-266	13	123	2008	2008	NUM
emaj-266	13	124	)	)	PUNCT
emaj-266	13	125	.	.	PUNCT
emaj-266	14	1	since	since	SCONJ
emaj-266	14	2	its	its	PRON
emaj-266	14	3	first	first	ADJ
emaj-266	14	4	appearance	appearance	NOUN
emaj-266	14	5	in	in	ADP
emaj-266	14	6	january	january	PROPN
emaj-266	14	7	2009	2009	NUM
emaj-266	14	8	,	,	PUNCT
emaj-266	14	9	the	the	DET
emaj-266	14	10	debate	debate	NOUN
emaj-266	14	11	whether	whether	SCONJ
emaj-266	14	12	bitcoin	bitcoin	NOUN
emaj-266	14	13	is	be	AUX
emaj-266	14	14	the	the	DET
emaj-266	14	15	currency	currency	NOUN
emaj-266	14	16	of	of	ADP
emaj-266	14	17	the	the	DET
emaj-266	14	18	future	future	NOUN
emaj-266	14	19	,	,	PUNCT
emaj-266	14	20	a	a	DET
emaj-266	14	21	new	new	ADJ
emaj-266	14	22	investment	investment	NOUN
emaj-266	14	23	tool	tool	NOUN
emaj-266	14	24	,	,	PUNCT
emaj-266	14	25	or	or	CCONJ
emaj-266	14	26	a	a	DET
emaj-266	14	27	fraud	fraud	NOUN
emaj-266	14	28	product	product	NOUN
emaj-266	14	29	continues	continue	VERB
emaj-266	14	30	.	.	PUNCT
emaj-266	15	1	created	create	VERB
emaj-266	15	2	by	by	ADP
emaj-266	15	3	a	a	DET
emaj-266	15	4	person	person	NOUN
emaj-266	15	5	or	or	CCONJ
emaj-266	15	6	group	group	NOUN
emaj-266	15	7	named	name	VERB
emaj-266	15	8	using	use	VERB
emaj-266	15	9	the	the	DET
emaj-266	15	10	pseudonym	pseudonym	NOUN
emaj-266	15	11	"	"	PUNCT
emaj-266	15	12	satoshi	satoshi	PROPN
emaj-266	15	13	nakamoto	nakamoto	NOUN
emaj-266	15	14	"	"	PUNCT
emaj-266	15	15	and	and	CCONJ
emaj-266	15	16	based	base	VERB
emaj-266	15	17	on	on	ADP
emaj-266	15	18	blockchain	blockchain	PROPN
emaj-266	15	19	technology	technology	PROPN
emaj-266	15	20	,	,	PUNCT
emaj-266	15	21	bitcoin	bitcoin	PROPN
emaj-266	15	22	takes	take	VERB
emaj-266	15	23	its	its	PRON
emaj-266	15	24	power	power	NOUN
emaj-266	15	25	from	from	ADP
emaj-266	15	26	the	the	DET
emaj-266	15	27	decentralized	decentralized	ADJ
emaj-266	15	28	structure	structure	NOUN
emaj-266	15	29	.	.	PUNCT
emaj-266	16	1	since	since	SCONJ
emaj-266	16	2	its	its	PRON
emaj-266	16	3	launch	launch	NOUN
emaj-266	16	4	in	in	ADP
emaj-266	16	5	2009	2009	NUM
emaj-266	16	6	,	,	PUNCT
emaj-266	16	7	the	the	DET
emaj-266	16	8	value	value	NOUN
emaj-266	16	9	of	of	ADP
emaj-266	16	10	bitcoin	bitcoin	NOUN
emaj-266	16	11	has	have	AUX
emaj-266	16	12	grown	grow	VERB
emaj-266	16	13	to	to	ADP
emaj-266	16	14	over	over	ADP
emaj-266	16	15	$	$	SYM
emaj-266	16	16	750	750	NUM
emaj-266	16	17	billion	billion	NUM
emaj-266	16	18	(	(	PUNCT
emaj-266	16	19	coinmarketcap	coinmarketcap	NOUN
emaj-266	16	20	,	,	PUNCT
emaj-266	16	21	2022	2022	NUM
emaj-266	16	22	)	)	PUNCT
emaj-266	16	23	.	.	PUNCT
emaj-266	17	1	although	although	SCONJ
emaj-266	17	2	bitcoin	bitcoin	NOUN
emaj-266	17	3	initially	initially	ADV
emaj-266	17	4	emerged	emerge	VERB
emaj-266	17	5	as	as	ADP
emaj-266	17	6	a	a	DET
emaj-266	17	7	medium	medium	NOUN
emaj-266	17	8	of	of	ADP
emaj-266	17	9	exchange	exchange	NOUN
emaj-266	17	10	and	and	CCONJ
emaj-266	17	11	an	an	DET
emaj-266	17	12	alternative	alternative	NOUN
emaj-266	17	13	to	to	ADP
emaj-266	17	14	cash	cash	NOUN
emaj-266	17	15	payments	payment	NOUN
emaj-266	17	16	,	,	PUNCT
emaj-266	17	17	it	it	PRON
emaj-266	17	18	has	have	AUX
emaj-266	17	19	taken	take	VERB
emaj-266	17	20	different	different	ADJ
emaj-266	17	21	forms	form	NOUN
emaj-266	17	22	over	over	ADP
emaj-266	17	23	time	time	NOUN
emaj-266	17	24	.	.	PUNCT
emaj-266	18	1	although	although	SCONJ
emaj-266	18	2	this	this	DET
emaj-266	18	3	development	development	NOUN
emaj-266	18	4	has	have	AUX
emaj-266	18	5	not	not	PART
emaj-266	18	6	become	become	VERB
emaj-266	18	7	widespread	widespread	ADJ
emaj-266	18	8	globally	globally	ADV
emaj-266	18	9	,	,	PUNCT
emaj-266	18	10	many	many	ADJ
emaj-266	18	11	countries	country	NOUN
emaj-266	18	12	and	and	CCONJ
emaj-266	18	13	companies	company	NOUN
emaj-266	18	14	accept	accept	VERB
emaj-266	18	15	bitcoin	bitcoin	NOUN
emaj-266	18	16	as	as	ADP
emaj-266	18	17	a	a	DET
emaj-266	18	18	payment	payment	NOUN
emaj-266	18	19	method	method	NOUN
emaj-266	18	20	that	that	PRON
emaj-266	18	21	can	can	AUX
emaj-266	18	22	be	be	AUX
emaj-266	18	23	used	use	VERB
emaj-266	18	24	to	to	PART
emaj-266	18	25	purchase	purchase	VERB
emaj-266	18	26	goods	good	NOUN
emaj-266	18	27	and	and	CCONJ
emaj-266	18	28	services	service	NOUN
emaj-266	18	29	.	.	PUNCT
emaj-266	19	1	as	as	ADP
emaj-266	19	2	of	of	ADP
emaj-266	19	3	december	december	PROPN
emaj-266	19	4	2017	2017	NUM
emaj-266	19	5	,	,	PUNCT
emaj-266	19	6	the	the	DET
emaj-266	19	7	chicago	chicago	PROPN
emaj-266	19	8	mercantile	mercantile	PROPN
emaj-266	19	9	exchange	exchange	PROPN
emaj-266	19	10	(	(	PUNCT
emaj-266	19	11	cme	cme	PROPN
emaj-266	19	12	)	)	PUNCT
emaj-266	19	13	and	and	CCONJ
emaj-266	19	14	the	the	DET
emaj-266	19	15	chicago	chicago	PROPN
emaj-266	19	16	options	option	NOUN
emaj-266	19	17	exchange	exchange	PROPN
emaj-266	19	18	(	(	PUNCT
emaj-266	19	19	cboe	cboe	PROPN
emaj-266	19	20	)	)	PUNCT
emaj-266	19	21	started	start	VERB
emaj-266	19	22	to	to	PART
emaj-266	19	23	carry	carry	VERB
emaj-266	19	24	out	out	ADP
emaj-266	19	25	futures	future	NOUN
emaj-266	19	26	transactions	transaction	NOUN
emaj-266	19	27	with	with	ADP
emaj-266	19	28	bitcoin	bitcoin	NOUN
emaj-266	19	29	and	and	CCONJ
emaj-266	19	30	the	the	DET
emaj-266	19	31	bitcoin	bitcoin	ADJ
emaj-266	19	32	mutual	mutual	ADJ
emaj-266	19	33	fund	fund	NOUN
emaj-266	19	34	was	be	AUX
emaj-266	19	35	created	create	VERB
emaj-266	19	36	in	in	ADP
emaj-266	19	37	the	the	DET
emaj-266	19	38	new	new	PROPN
emaj-266	19	39	york	york	PROPN
emaj-266	19	40	stock	stock	PROPN
emaj-266	19	41	exchange	exchange	PROPN
emaj-266	19	42	(	(	PUNCT
emaj-266	19	43	nyse	nyse	PROPN
emaj-266	19	44	)	)	PUNCT
emaj-266	19	45	market	market	NOUN
emaj-266	19	46	which	which	PRON
emaj-266	19	47	paved	pave	VERB
emaj-266	19	48	the	the	DET
emaj-266	19	49	way	way	NOUN
emaj-266	19	50	for	for	SCONJ
emaj-266	19	51	it	it	PRON
emaj-266	19	52	to	to	PART
emaj-266	19	53	be	be	AUX
emaj-266	19	54	accepted	accept	VERB
emaj-266	19	55	as	as	ADP
emaj-266	19	56	an	an	DET
emaj-266	19	57	investment	investment	NOUN
emaj-266	19	58	tool	tool	NOUN
emaj-266	19	59	as	as	ADV
emaj-266	19	60	well	well	ADV
emaj-266	19	61	.	.	PUNCT
emaj-266	20	1	even	even	ADV
emaj-266	20	2	though	though	SCONJ
emaj-266	20	3	the	the	DET
emaj-266	20	4	country	country	NOUN
emaj-266	20	5	's	's	PART
emaj-266	20	6	economic	economic	ADJ
emaj-266	20	7	share	share	NOUN
emaj-266	20	8	in	in	ADP
emaj-266	20	9	the	the	DET
emaj-266	20	10	world	world	NOUN
emaj-266	20	11	is	be	AUX
emaj-266	20	12	small	small	ADJ
emaj-266	20	13	,	,	PUNCT
emaj-266	20	14	el	el	PROPN
emaj-266	20	15	salvador	salvador	PROPN
emaj-266	20	16	's	's	PART
emaj-266	20	17	acceptance	acceptance	NOUN
emaj-266	20	18	of	of	ADP
emaj-266	20	19	bitcoin	bitcoin	NOUN
emaj-266	20	20	as	as	ADP
emaj-266	20	21	a	a	DET
emaj-266	20	22	legal	legal	ADJ
emaj-266	20	23	payment	payment	NOUN
emaj-266	20	24	method	method	NOUN
emaj-266	20	25	as	as	ADP
emaj-266	20	26	of	of	ADP
emaj-266	20	27	september	september	PROPN
emaj-266	20	28	2021	2021	NUM
emaj-266	20	29	has	have	AUX
emaj-266	20	30	also	also	ADV
emaj-266	20	31	contributed	contribute	VERB
emaj-266	20	32	to	to	ADP
emaj-266	20	33	the	the	DET
emaj-266	20	34	perception	perception	NOUN
emaj-266	20	35	that	that	SCONJ
emaj-266	20	36	bitcoin	bitcoin	NOUN
emaj-266	20	37	could	could	AUX
emaj-266	20	38	be	be	AUX
emaj-266	20	39	an	an	DET
emaj-266	20	40	alternative	alternative	NOUN
emaj-266	20	41	to	to	ADP
emaj-266	20	42	fiat	fiat	ADJ
emaj-266	20	43	currencies	currency	NOUN
emaj-266	20	44	.	.	PUNCT
emaj-266	21	1	parallel	parallel	ADJ
emaj-266	21	2	to	to	ADP
emaj-266	21	3	these	these	DET
emaj-266	21	4	developments	development	NOUN
emaj-266	21	5	,	,	PUNCT
emaj-266	21	6	the	the	DET
emaj-266	21	7	number	number	NOUN
emaj-266	21	8	of	of	ADP
emaj-266	21	9	studies	study	NOUN
emaj-266	21	10	examining	examine	VERB
emaj-266	21	11	the	the	DET
emaj-266	21	12	bitcoin	bitcoin	ADJ
emaj-266	21	13	economy	economy	NOUN
emaj-266	21	14	and	and	CCONJ
emaj-266	21	15	its	its	PRON
emaj-266	21	16	pricing	pricing	NOUN
emaj-266	21	17	dynamics	dynamic	NOUN
emaj-266	21	18	(	(	PUNCT
emaj-266	21	19	branvold	branvold	PROPN
emaj-266	21	20	et	et	PROPN
emaj-266	21	21	al	al	PROPN
emaj-266	21	22	.	.	PROPN
emaj-266	21	23	,	,	PUNCT
emaj-266	21	24	2015	2015	NUM
emaj-266	21	25	;	;	PUNCT
emaj-266	21	26	cheah	cheah	PROPN
emaj-266	21	27	and	and	CCONJ
emaj-266	21	28	fry	fry	NOUN
emaj-266	21	29	,	,	PUNCT
emaj-266	21	30	2015	2015	NUM
emaj-266	21	31	;	;	PUNCT
emaj-266	21	32	ciaian	ciaian	NOUN
emaj-266	21	33	et	et	PROPN
emaj-266	21	34	al	al	PROPN
emaj-266	21	35	.	.	PROPN
emaj-266	21	36	,	,	PUNCT
emaj-266	21	37	2016	2016	NUM
emaj-266	21	38	;	;	PUNCT
emaj-266	21	39	balcılar	balcılar	ADJ
emaj-266	21	40	et	et	PROPN
emaj-266	21	41	al	al	PROPN
emaj-266	21	42	.	.	PROPN
emaj-266	21	43	,	,	PUNCT
emaj-266	21	44	2017	2017	NUM
emaj-266	21	45	;	;	PUNCT
emaj-266	21	46	urquhart	urquhart	PROPN
emaj-266	21	47	,	,	PUNCT
emaj-266	21	48	2017	2017	NUM
emaj-266	21	49	)	)	PUNCT
emaj-266	21	50	,	,	PUNCT
emaj-266	21	51	hedging	hedging	NOUN
emaj-266	21	52	capability	capability	NOUN
emaj-266	21	53	(	(	PUNCT
emaj-266	21	54	dyhrberg	dyhrberg	NOUN
emaj-266	21	55	,	,	PUNCT
emaj-266	21	56	2016	2016	NUM
emaj-266	21	57	;	;	PUNCT
emaj-266	21	58	briere	briere	PROPN
emaj-266	21	59	et	et	PROPN
emaj-266	21	60	al	al	PROPN
emaj-266	21	61	.	.	PROPN
emaj-266	21	62	,	,	PUNCT
emaj-266	21	63	2015	2015	NUM
emaj-266	21	64	;	;	PUNCT
emaj-266	21	65	bouri	bouri	PROPN
emaj-266	21	66	et	et	PROPN
emaj-266	21	67	al	al	PROPN
emaj-266	21	68	.	.	PROPN
emaj-266	21	69	,	,	PUNCT
emaj-266	21	70	2017	2017	NUM
emaj-266	21	71	)	)	PUNCT
emaj-266	21	72	,	,	PUNCT
emaj-266	21	73	volatility	volatility	NOUN
emaj-266	21	74	factors	factor	NOUN
emaj-266	21	75	(	(	PUNCT
emaj-266	21	76	bouri	bouri	X
emaj-266	21	77	et	et	PROPN
emaj-266	21	78	al	al	PROPN
emaj-266	21	79	.	.	PROPN
emaj-266	21	80	,	,	PUNCT
emaj-266	21	81	2018	2018	NUM
emaj-266	21	82	;	;	PUNCT
emaj-266	21	83	katsiampa	katsiampa	NOUN
emaj-266	21	84	,	,	PUNCT
emaj-266	21	85	2017	2017	NUM
emaj-266	21	86	)	)	PUNCT
emaj-266	21	87	,	,	PUNCT
emaj-266	21	88	and	and	CCONJ
emaj-266	21	89	contamination	contamination	NOUN
emaj-266	21	90	risks	risk	NOUN
emaj-266	21	91	(	(	PUNCT
emaj-266	21	92	huynh	huynh	PROPN
emaj-266	21	93	,	,	PUNCT
emaj-266	21	94	2019	2019	NUM
emaj-266	21	95	)	)	PUNCT
emaj-266	21	96	has	have	AUX
emaj-266	21	97	emerged	emerge	VERB
emaj-266	21	98	rapidly	rapidly	ADV
emaj-266	21	99	.	.	PUNCT
emaj-266	22	1	the	the	DET
emaj-266	22	2	emphasis	emphasis	NOUN
emaj-266	22	3	on	on	ADP
emaj-266	22	4	bitcoin	bitcoin	NOUN
emaj-266	22	5	in	in	ADP
emaj-266	22	6	institutional	institutional	ADJ
emaj-266	22	7	regulations	regulation	NOUN
emaj-266	22	8	and	and	CCONJ
emaj-266	22	9	academic	academic	ADJ
emaj-266	22	10	research	research	NOUN
emaj-266	22	11	is	be	AUX
emaj-266	22	12	primarily	primarily	ADV
emaj-266	22	13	due	due	ADJ
emaj-266	22	14	to	to	PART
emaj-266	22	15	bitcoin	bitcoin	VERB
emaj-266	22	16	being	be	AUX
emaj-266	22	17	the	the	DET
emaj-266	22	18	pioneer	pioneer	NOUN
emaj-266	22	19	of	of	ADP
emaj-266	22	20	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	22	21	and	and	CCONJ
emaj-266	22	22	having	have	VERB
emaj-266	22	23	the	the	DET
emaj-266	22	24	highest	high	ADJ
emaj-266	22	25	market	market	NOUN
emaj-266	22	26	capitalization	capitalization	NOUN
emaj-266	22	27	value	value	NOUN
emaj-266	22	28	.	.	PUNCT
emaj-266	23	1	however	however	ADV
emaj-266	23	2	,	,	PUNCT
emaj-266	23	3	bitcoin	bitcoin	PROPN
emaj-266	23	4	does	do	AUX
emaj-266	23	5	not	not	PART
emaj-266	23	6	reflect	reflect	VERB
emaj-266	23	7	the	the	DET
emaj-266	23	8	entire	entire	ADJ
emaj-266	23	9	crypto	crypto	NOUN
emaj-266	23	10	universe	universe	NOUN
emaj-266	23	11	.	.	PUNCT
emaj-266	24	1	today	today	NOUN
emaj-266	24	2	the	the	DET
emaj-266	24	3	number	number	NOUN
emaj-266	24	4	of	of	ADP
emaj-266	24	5	crypto	crypto	NOUN
emaj-266	24	6	assets	asset	NOUN
emaj-266	24	7	(	(	PUNCT
emaj-266	24	8	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	24	9	and	and	CCONJ
emaj-266	24	10	tokens	token	NOUN
emaj-266	24	11	)	)	PUNCT
emaj-266	24	12	has	have	AUX
emaj-266	24	13	reached	reach	VERB
emaj-266	24	14	over	over	ADP
emaj-266	24	15	nineteen	nineteen	NUM
emaj-266	24	16	thousand	thousand	NUM
emaj-266	24	17	,	,	PUNCT
emaj-266	24	18	and	and	CCONJ
emaj-266	24	19	the	the	DET
emaj-266	24	20	market	market	NOUN
emaj-266	24	21	value	value	NOUN
emaj-266	24	22	of	of	ADP
emaj-266	24	23	these	these	DET
emaj-266	24	24	assets	asset	NOUN
emaj-266	24	25	has	have	AUX
emaj-266	24	26	exceeded	exceed	VERB
emaj-266	24	27	1.5	1.5	NUM
emaj-266	24	28	trillion	trillion	NUM
emaj-266	24	29	dollars	dollar	NOUN
emaj-266	24	30	(	(	PUNCT
emaj-266	24	31	coinmarketcap	coinmarketcap	NOUN
emaj-266	24	32	,	,	PUNCT
emaj-266	24	33	2022	2022	NUM
emaj-266	24	34	)	)	PUNCT
emaj-266	24	35	.	.	PUNCT
emaj-266	25	1	on	on	ADP
emaj-266	25	2	the	the	DET
emaj-266	25	3	other	other	ADJ
emaj-266	25	4	hand	hand	NOUN
emaj-266	25	5	,	,	PUNCT
emaj-266	25	6	bitcoin	bitcoin	NOUN
emaj-266	25	7	makes	make	VERB
emaj-266	25	8	up	up	ADP
emaj-266	25	9	only	only	ADV
emaj-266	25	10	42	42	NUM
emaj-266	25	11	%	%	NOUN
emaj-266	25	12	of	of	ADP
emaj-266	25	13	the	the	DET
emaj-266	25	14	crypto	crypto	NOUN
emaj-266	25	15	market	market	NOUN
emaj-266	25	16	.	.	PUNCT
emaj-266	26	1	existing	exist	VERB
emaj-266	26	2	literature	literature	NOUN
emaj-266	26	3	mainly	mainly	ADV
emaj-266	26	4	focuses	focus	VERB
emaj-266	26	5	on	on	ADP
emaj-266	26	6	bitcoin	bitcoin	NOUN
emaj-266	26	7	,	,	PUNCT
emaj-266	26	8	and	and	CCONJ
emaj-266	26	9	studies	study	NOUN
emaj-266	26	10	have	have	AUX
emaj-266	26	11	been	be	AUX
emaj-266	26	12	shaped	shape	VERB
emaj-266	26	13	in	in	ADP
emaj-266	26	14	this	this	DET
emaj-266	26	15	direction	direction	NOUN
emaj-266	26	16	.	.	PUNCT
emaj-266	27	1	although	although	SCONJ
emaj-266	27	2	some	some	DET
emaj-266	27	3	studies	study	NOUN
emaj-266	27	4	in	in	ADP
emaj-266	27	5	the	the	DET
emaj-266	27	6	literature	literature	NOUN
emaj-266	27	7	have	have	AUX
emaj-266	27	8	addressed	address	VERB
emaj-266	27	9	different	different	ADJ
emaj-266	27	10	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	27	11	other	other	ADJ
emaj-266	27	12	than	than	ADP
emaj-266	27	13	bitcoin	bitcoin	NOUN
emaj-266	27	14	,	,	PUNCT
emaj-266	27	15	the	the	DET
emaj-266	27	16	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	27	17	included	include	VERB
emaj-266	27	18	in	in	ADP
emaj-266	27	19	the	the	DET
emaj-266	27	20	studies	study	NOUN
emaj-266	27	21	are	be	AUX
emaj-266	27	22	limited	limit	VERB
emaj-266	27	23	to	to	ADP
emaj-266	27	24	popular	popular	ADJ
emaj-266	27	25	crypto	crypto	NOUN
emaj-266	27	26	-	-	NOUN
emaj-266	27	27	assets	asset	NOUN
emaj-266	27	28	such	such	ADJ
emaj-266	27	29	as	as	ADP
emaj-266	27	30	ethereum	ethereum	NOUN
emaj-266	27	31	,	,	PUNCT
emaj-266	27	32	litecoin	litecoin	NOUN
emaj-266	27	33	,	,	PUNCT
emaj-266	27	34	ripple	ripple	ADJ
emaj-266	27	35	,	,	PUNCT
emaj-266	27	36	and	and	CCONJ
emaj-266	27	37	stellar	stellar	ADJ
emaj-266	27	38	(	(	PUNCT
emaj-266	27	39	corbet	corbet	PROPN
emaj-266	27	40	et	et	PROPN
emaj-266	27	41	al	al	PROPN
emaj-266	27	42	.	.	PROPN
emaj-266	27	43	,	,	PUNCT
emaj-266	27	44	2018a	2018a	NUM
emaj-266	27	45	,	,	PUNCT
emaj-266	27	46	2018b	2018b	NUM
emaj-266	27	47	;	;	PUNCT
emaj-266	27	48	bouri	bouri	PROPN
emaj-266	27	49	et	et	PROPN
emaj-266	27	50	al	al	PROPN
emaj-266	27	51	.	.	PROPN
emaj-266	27	52	,	,	PUNCT
emaj-266	27	53	2019	2019	NUM
emaj-266	27	54	;	;	PUNCT
emaj-266	27	55	liu	liu	PROPN
emaj-266	27	56	and	and	CCONJ
emaj-266	27	57	tsyvinski	tsyvinski	ADJ
emaj-266	27	58	,	,	PUNCT
emaj-266	27	59	2021	2021	NUM
emaj-266	27	60	)	)	PUNCT
emaj-266	27	61	.	.	PUNCT
emaj-266	28	1	therefore	therefore	ADV
emaj-266	28	2	,	,	PUNCT
emaj-266	28	3	it	it	PRON
emaj-266	28	4	is	be	AUX
emaj-266	28	5	crucial	crucial	ADJ
emaj-266	28	6	to	to	PART
emaj-266	28	7	examine	examine	VERB
emaj-266	28	8	the	the	DET
emaj-266	28	9	interaction	interaction	NOUN
emaj-266	28	10	of	of	ADP
emaj-266	28	11	the	the	DET
emaj-266	28	12	crypto	crypto	ADJ
emaj-266	28	13	-	-	ADJ
emaj-266	28	14	asset	asset	ADJ
emaj-266	28	15	market	market	NOUN
emaj-266	28	16	with	with	ADP
emaj-266	28	17	conventional	conventional	ADJ
emaj-266	28	18	financial	financial	ADJ
emaj-266	28	19	assets	asset	NOUN
emaj-266	28	20	,	,	PUNCT
emaj-266	28	21	which	which	PRON
emaj-266	28	22	has	have	AUX
emaj-266	28	23	reached	reach	VERB
emaj-266	28	24	such	such	DET
emaj-266	28	25	a	a	DET
emaj-266	28	26	significant	significant	ADJ
emaj-266	28	27	market	market	NOUN
emaj-266	28	28	value	value	NOUN
emaj-266	28	29	,	,	PUNCT
emaj-266	28	30	when	when	SCONJ
emaj-266	28	31	the	the	DET
emaj-266	28	32	studies	study	NOUN
emaj-266	28	33	on	on	ADP
emaj-266	28	34	bitcoin	bitcoin	NOUN
emaj-266	28	35	,	,	PUNCT
emaj-266	28	36	especially	especially	ADV
emaj-266	28	37	in	in	ADP
emaj-266	28	38	the	the	DET
emaj-266	28	39	post-2019	post-2019	ADJ
emaj-266	28	40	period	period	NOUN
emaj-266	28	41	,	,	PUNCT
emaj-266	28	42	are	be	AUX
emaj-266	28	43	examined	examine	VERB
emaj-266	28	44	,	,	PUNCT
emaj-266	28	45	it	it	PRON
emaj-266	28	46	is	be	AUX
emaj-266	28	47	seen	see	VERB
emaj-266	28	48	that	that	SCONJ
emaj-266	28	49	these	these	DET
emaj-266	28	50	studies	study	NOUN
emaj-266	28	51	mainly	mainly	ADV
emaj-266	28	52	focus	focus	VERB
emaj-266	28	53	on	on	ADP
emaj-266	28	54	volatility	volatility	NOUN
emaj-266	28	55	.	.	PUNCT
emaj-266	29	1	as	as	SCONJ
emaj-266	29	2	crypto	crypto	NOUN
emaj-266	29	3	assets	asset	NOUN
emaj-266	29	4	started	start	VERB
emaj-266	29	5	to	to	PART
emaj-266	29	6	be	be	AUX
emaj-266	29	7	traded	trade	VERB
emaj-266	29	8	in	in	ADP
emaj-266	29	9	mutual	mutual	ADJ
emaj-266	29	10	funds	fund	NOUN
emaj-266	29	11	in	in	ADP
emaj-266	29	12	2017	2017	NUM
emaj-266	29	13	,	,	PUNCT
emaj-266	29	14	the	the	DET
emaj-266	29	15	interest	interest	NOUN
emaj-266	29	16	in	in	ADP
emaj-266	29	17	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	29	18	increased	increase	VERB
emaj-266	29	19	globally	globally	ADV
emaj-266	29	20	,	,	PUNCT
emaj-266	29	21	prompting	prompt	VERB
emaj-266	29	22	investors	investor	NOUN
emaj-266	29	23	to	to	PART
emaj-266	29	24	invest	invest	VERB
emaj-266	29	25	in	in	ADP
emaj-266	29	26	these	these	DET
emaj-266	29	27	new	new	ADJ
emaj-266	29	28	financial	financial	ADJ
emaj-266	29	29	assets	asset	NOUN
emaj-266	29	30	.	.	PUNCT
emaj-266	30	1	however	however	ADV
emaj-266	30	2	,	,	PUNCT
emaj-266	30	3	the	the	DET
emaj-266	30	4	hacking	hacking	NOUN
emaj-266	30	5	of	of	ADP
emaj-266	30	6	coincheck	coincheck	NOUN
emaj-266	30	7	and	and	CCONJ
emaj-266	30	8	the	the	DET
emaj-266	30	9	massive	massive	ADJ
emaj-266	30	10	attack	attack	NOUN
emaj-266	30	11	on	on	ADP
emaj-266	30	12	coinrail	coinrail	NOUN
emaj-266	30	13	caused	cause	VERB
emaj-266	30	14	the	the	DET
emaj-266	30	15	price	price	NOUN
emaj-266	30	16	increase	increase	NOUN
emaj-266	30	17	in	in	ADP
emaj-266	30	18	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	30	19	to	to	AUX
emaj-266	30	20	no	no	ADV
emaj-266	30	21	longer	long	ADV
emaj-266	30	22	be	be	AUX
emaj-266	30	23	sustained	sustain	VERB
emaj-266	30	24	,	,	PUNCT
emaj-266	30	25	resulting	result	VERB
emaj-266	30	26	in	in	ADP
emaj-266	30	27	severe	severe	ADJ
emaj-266	30	28	losses	loss	NOUN
emaj-266	30	29	in	in	ADP
emaj-266	30	30	the	the	DET
emaj-266	30	31	crypto	crypto	NOUN
emaj-266	30	32	market	market	NOUN
emaj-266	30	33	in	in	ADP
emaj-266	30	34	2018	2018	NUM
emaj-266	30	35	.	.	PUNCT
emaj-266	31	1	then	then	ADV
emaj-266	31	2	,	,	PUNCT
emaj-266	31	3	in	in	ADP
emaj-266	31	4	mid-2020	mid-2020	NOUN
emaj-266	31	5	,	,	PUNCT
emaj-266	31	6	there	there	PRON
emaj-266	31	7	was	be	VERB
emaj-266	31	8	another	another	DET
emaj-266	31	9	rise	rise	NOUN
emaj-266	31	10	in	in	ADP
emaj-266	31	11	crypto	crypto	NOUN
emaj-266	31	12	assets	asset	NOUN
emaj-266	31	13	,	,	PUNCT
emaj-266	31	14	and	and	CCONJ
emaj-266	31	15	the	the	DET
emaj-266	31	16	market	market	NOUN
emaj-266	31	17	started	start	VERB
emaj-266	31	18	to	to	PART
emaj-266	31	19	decline	decline	VERB
emaj-266	31	20	again	again	ADV
emaj-266	31	21	after	after	ADP
emaj-266	31	22	the	the	DET
emaj-266	31	23	historical	historical	ADJ
emaj-266	31	24	peaks	peak	NOUN
emaj-266	31	25	in	in	ADP
emaj-266	31	26	2021	2021	NUM
emaj-266	31	27	.	.	PUNCT
emaj-266	32	1	when	when	SCONJ
emaj-266	32	2	the	the	DET
emaj-266	32	3	price	price	NOUN
emaj-266	32	4	movements	movement	NOUN
emaj-266	32	5	of	of	ADP
emaj-266	32	6	crypto	crypto	ADJ
emaj-266	32	7	assets	asset	NOUN
emaj-266	32	8	in	in	ADP
emaj-266	32	9	the	the	DET
emaj-266	32	10	past	past	ADJ
emaj-266	32	11	five	five	NUM
emaj-266	32	12	years	year	NOUN
emaj-266	32	13	are	be	AUX
emaj-266	32	14	examined	examine	VERB
emaj-266	32	15	,	,	PUNCT
emaj-266	32	16	high	high	ADJ
emaj-266	32	17	volatility	volatility	NOUN
emaj-266	32	18	in	in	ADP
emaj-266	32	19	the	the	DET
emaj-266	32	20	market	market	NOUN
emaj-266	32	21	can	can	AUX
emaj-266	32	22	be	be	AUX
emaj-266	32	23	observed	observe	VERB
emaj-266	32	24	.	.	PUNCT
emaj-266	33	1	this	this	DET
emaj-266	33	2	extreme	extreme	ADJ
emaj-266	33	3	volatility	volatility	NOUN
emaj-266	33	4	in	in	ADP
emaj-266	33	5	the	the	DET
emaj-266	33	6	crypto	crypto	ADJ
emaj-266	33	7	-	-	ADJ
emaj-266	33	8	asset	asset	NOUN
emaj-266	33	9	market	market	NOUN
emaj-266	33	10	has	have	AUX
emaj-266	33	11	attracted	attract	VERB
emaj-266	33	12	the	the	DET
emaj-266	33	13	attention	attention	NOUN
emaj-266	33	14	of	of	ADP
emaj-266	33	15	many	many	ADJ
emaj-266	33	16	researchers	researcher	NOUN
emaj-266	33	17	.	.	PUNCT
emaj-266	34	1	while	while	SCONJ
emaj-266	34	2	the	the	DET
emaj-266	34	3	results	result	NOUN
emaj-266	34	4	of	of	ADP
emaj-266	34	5	some	some	DET
emaj-266	34	6	studies	study	NOUN
emaj-266	34	7	highlight	highlight	VERB
emaj-266	34	8	the	the	DET
emaj-266	34	9	dangers	danger	NOUN
emaj-266	34	10	of	of	ADP
emaj-266	34	11	investing	invest	VERB
emaj-266	34	12	in	in	ADP
emaj-266	34	13	crypto	crypto	ADJ
emaj-266	34	14	assets	asset	NOUN
emaj-266	34	15	due	due	ADP
emaj-266	34	16	to	to	ADP
emaj-266	34	17	their	their	PRON
emaj-266	34	18	high	high	ADJ
emaj-266	34	19	price	price	NOUN
emaj-266	34	20	volatility	volatility	NOUN
emaj-266	34	21	(	(	PUNCT
emaj-266	34	22	chkili	chkili	NOUN
emaj-266	34	23	,	,	PUNCT
emaj-266	34	24	2021	2021	NUM
emaj-266	34	25	;	;	PUNCT
emaj-266	34	26	ghorbel	ghorbel	NOUN
emaj-266	34	27	and	and	CCONJ
emaj-266	34	28	jeribi	jeribi	NOUN
emaj-266	34	29	,	,	PUNCT
emaj-266	34	30	2021	2021	NUM
emaj-266	34	31	;	;	PUNCT
emaj-266	34	32	szetela	szetela	PROPN
emaj-266	34	33	et	et	PROPN
emaj-266	34	34	al	al	PROPN
emaj-266	34	35	.	.	PROPN
emaj-266	34	36	,	,	PUNCT
emaj-266	34	37	2021	2021	NUM
emaj-266	34	38	;	;	PUNCT
emaj-266	34	39	demir	demir	PROPN
emaj-266	34	40	et	et	PROPN
emaj-266	34	41	al	al	PROPN
emaj-266	34	42	.	.	PROPN
emaj-266	34	43	,	,	PUNCT
emaj-266	34	44	2020	2020	NUM
emaj-266	34	45	;	;	PUNCT
emaj-266	34	46	omane	omane	PROPN
emaj-266	34	47	-	-	PUNCT
emaj-266	34	48	adjepong	adjepong	NOUN
emaj-266	34	49	et	et	PROPN
emaj-266	34	50	al	al	PROPN
emaj-266	34	51	.	.	PROPN
emaj-266	34	52	,	,	PUNCT
emaj-266	34	53	2019	2019	NUM
emaj-266	34	54	)	)	PUNCT
emaj-266	34	55	,	,	PUNCT
emaj-266	34	56	other	other	ADJ
emaj-266	34	57	studies	study	NOUN
emaj-266	34	58	have	have	AUX
emaj-266	34	59	shown	show	VERB
emaj-266	34	60	that	that	SCONJ
emaj-266	34	61	bitcoin	bitcoin	NOUN
emaj-266	34	62	and	and	CCONJ
emaj-266	34	63	some	some	DET
emaj-266	34	64	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	34	65	can	can	AUX
emaj-266	34	66	be	be	AUX
emaj-266	34	67	effective	effective	ADJ
emaj-266	34	68	diversifiers	diversifier	NOUN
emaj-266	34	69	in	in	ADP
emaj-266	34	70	portfolios	portfolio	NOUN
emaj-266	34	71	for	for	ADP
emaj-266	34	72	hedging	hedge	VERB
emaj-266	34	73	due	due	ADP
emaj-266	34	74	to	to	ADP
emaj-266	34	75	their	their	PRON
emaj-266	34	76	weak	weak	ADJ
emaj-266	34	77	correlation	correlation	NOUN
emaj-266	34	78	with	with	ADP
emaj-266	34	79	stocks	stock	NOUN
emaj-266	34	80	(	(	PUNCT
emaj-266	34	81	shahzad	shahzad	PROPN
emaj-266	34	82	et	et	PROPN
emaj-266	34	83	al	al	PROPN
emaj-266	34	84	.	.	PROPN
emaj-266	34	85	,	,	PUNCT
emaj-266	34	86	2020	2020	NUM
emaj-266	34	87	;	;	PUNCT
emaj-266	35	1	kliberet	kliberet	PROPN
emaj-266	35	2	al	al	PROPN
emaj-266	35	3	.	.	PROPN
emaj-266	35	4	,	,	PUNCT
emaj-266	35	5	2019	2019	NUM
emaj-266	35	6	;	;	PUNCT
emaj-266	35	7	mokni	mokni	PROPN
emaj-266	35	8	et	et	PROPN
emaj-266	35	9	al	al	PROPN
emaj-266	35	10	.	.	PROPN
emaj-266	35	11	,	,	PUNCT
emaj-266	35	12	2020	2020	NUM
emaj-266	35	13	;	;	PUNCT
emaj-266	35	14	bouri	bouri	PROPN
emaj-266	35	15	et	et	PROPN
emaj-266	35	16	al	al	PROPN
emaj-266	35	17	.	.	PROPN
emaj-266	35	18	,	,	PUNCT
emaj-266	35	19	2017	2017	NUM
emaj-266	35	20	;	;	PUNCT
emaj-266	35	21	stensås	stensås	PROPN
emaj-266	35	22	et	et	PROPN
emaj-266	35	23	al	al	PROPN
emaj-266	35	24	.	.	PROPN
emaj-266	35	25	,	,	PUNCT
emaj-266	35	26	2019	2019	NUM
emaj-266	35	27	)	)	PUNCT
emaj-266	35	28	.	.	PUNCT
emaj-266	36	1	current	current	ADJ
emaj-266	36	2	studies	study	NOUN
emaj-266	36	3	also	also	ADV
emaj-266	36	4	indicate	indicate	VERB
emaj-266	36	5	that	that	SCONJ
emaj-266	36	6	,	,	PUNCT
emaj-266	36	7	similar	similar	ADJ
emaj-266	36	8	to	to	ADP
emaj-266	36	9	commodities	commodity	NOUN
emaj-266	36	10	,	,	PUNCT
emaj-266	36	11	bitcoin	bitcoin	PROPN
emaj-266	36	12	can	can	AUX
emaj-266	36	13	be	be	AUX
emaj-266	36	14	a	a	DET
emaj-266	36	15	safe	safe	ADJ
emaj-266	36	16	haven	haven	NOUN
emaj-266	36	17	and	and	CCONJ
emaj-266	36	18	a	a	DET
emaj-266	36	19	good	good	ADJ
emaj-266	36	20	diversifier	diversifier	NOUN
emaj-266	36	21	against	against	ADP
emaj-266	36	22	shocks	shock	NOUN
emaj-266	36	23	in	in	ADP
emaj-266	36	24	the	the	DET
emaj-266	36	25	face	face	NOUN
emaj-266	36	26	of	of	ADP
emaj-266	36	27	economic	economic	ADJ
emaj-266	36	28	and	and	CCONJ
emaj-266	36	29	geopolitical	geopolitical	ADJ
emaj-266	36	30	uncertainties	uncertainty	NOUN
emaj-266	36	31	(	(	PUNCT
emaj-266	36	32	selmi	selmi	PROPN
emaj-266	36	33	et	et	PROPN
emaj-266	36	34	al	al	PROPN
emaj-266	36	35	.	.	PROPN
emaj-266	36	36	,	,	PUNCT
emaj-266	36	37	2018	2018	NUM
emaj-266	36	38	;	;	PUNCT
emaj-266	36	39	wang	wang	PROPN
emaj-266	36	40	et	et	PROPN
emaj-266	36	41	al	al	PROPN
emaj-266	36	42	.	.	PROPN
emaj-266	36	43	,	,	PUNCT
emaj-266	36	44	2019	2019	NUM
emaj-266	36	45	;	;	PUNCT
emaj-266	36	46	wu	wu	PROPN
emaj-266	36	47	et	et	PROPN
emaj-266	36	48	al	al	PROPN
emaj-266	36	49	.	.	PROPN
emaj-266	36	50	,	,	PUNCT
emaj-266	36	51	2019	2019	NUM
emaj-266	36	52	;	;	PUNCT
emaj-266	36	53	urquhart	urquhart	PROPN
emaj-266	36	54	and	and	CCONJ
emaj-266	36	55	zhang	zhang	PROPN
emaj-266	36	56	,	,	PUNCT
emaj-266	36	57	2019	2019	NUM
emaj-266	36	58	;	;	PUNCT
emaj-266	36	59	alyahyaee	alyahyaee	PROPN
emaj-266	36	60	et	et	PROPN
emaj-266	36	61	al	al	PROPN
emaj-266	36	62	.	.	PROPN
emaj-266	36	63	,	,	PUNCT
emaj-266	36	64	2019	2019	NUM
emaj-266	36	65	;	;	PUNCT
emaj-266	36	66	gronwald	gronwald	NUM
emaj-266	36	67	,	,	PUNCT
emaj-266	36	68	2019	2019	NUM
emaj-266	36	69	;	;	PUNCT
emaj-266	36	70	shahzad	shahzad	PROPN
emaj-266	36	71	et	et	PROPN
emaj-266	36	72	al	al	PROPN
emaj-266	36	73	.	.	PROPN
emaj-266	36	74	,	,	PUNCT
emaj-266	36	75	2020	2020	NUM
emaj-266	36	76	;	;	PUNCT
emaj-266	36	77	su	su	PROPN
emaj-266	36	78	et	et	PROPN
emaj-266	36	79	al	al	PROPN
emaj-266	36	80	.	.	PROPN
emaj-266	36	81	,	,	PUNCT
emaj-266	36	82	2020	2020	NUM
emaj-266	36	83	;	;	PUNCT
emaj-266	36	84	li	li	PROPN
emaj-266	36	85	et	et	PROPN
emaj-266	36	86	al	al	PROPN
emaj-266	36	87	.	.	PROPN
emaj-266	36	88	,	,	PUNCT
emaj-266	36	89	2021	2021	NUM
emaj-266	36	90	)	)	PUNCT
emaj-266	36	91	although	although	SCONJ
emaj-266	36	92	there	there	PRON
emaj-266	36	93	are	be	VERB
emaj-266	36	94	studies	study	NOUN
emaj-266	36	95	contradictory	contradictory	ADJ
emaj-266	36	96	to	to	ADP
emaj-266	36	97	this	this	DET
emaj-266	36	98	determination	determination	NOUN
emaj-266	36	99	(	(	PUNCT
emaj-266	36	100	klein	klein	PROPN
emaj-266	36	101	et	et	PROPN
emaj-266	36	102	al	al	PROPN
emaj-266	36	103	.	.	PROPN
emaj-266	36	104	,	,	PUNCT
emaj-266	36	105	2018	2018	NUM
emaj-266	36	106	;	;	PUNCT
emaj-266	36	107	al	al	PROPN
emaj-266	36	108	mamun	mamun	PROPN
emaj-266	36	109	et	et	PROPN
emaj-266	36	110	al	al	PROPN
emaj-266	36	111	.	.	PROPN
emaj-266	36	112	,	,	PUNCT
emaj-266	36	113	2020	2020	NUM
emaj-266	36	114	;	;	PUNCT
emaj-266	36	115	das	das	PROPN
emaj-266	36	116	et	et	PROPN
emaj-266	36	117	al	al	PROPN
emaj-266	36	118	.	.	PROPN
emaj-266	36	119	,	,	PUNCT
emaj-266	36	120	2020	2020	NUM
emaj-266	36	121	)	)	PUNCT
emaj-266	36	122	.	.	PUNCT
emaj-266	37	1	existing	exist	VERB
emaj-266	37	2	studies	study	NOUN
emaj-266	37	3	have	have	AUX
emaj-266	37	4	considered	consider	VERB
emaj-266	37	5	bitcoin	bitcoin	NOUN
emaj-266	37	6	as	as	ADP
emaj-266	37	7	a	a	DET
emaj-266	37	8	potential	potential	ADJ
emaj-266	37	9	investment	investment	NOUN
emaj-266	37	10	tool	tool	NOUN
emaj-266	37	11	,	,	PUNCT
emaj-266	37	12	similar	similar	ADJ
emaj-266	37	13	to	to	ADP
emaj-266	37	14	conventional	conventional	ADJ
emaj-266	37	15	investment	investment	NOUN
emaj-266	37	16	tools	tool	NOUN
emaj-266	37	17	.	.	PUNCT
emaj-266	38	1	although	although	SCONJ
emaj-266	38	2	there	there	PRON
emaj-266	38	3	is	be	VERB
emaj-266	38	4	no	no	DET
emaj-266	38	5	complete	complete	ADJ
emaj-266	38	6	consensus	consensus	NOUN
emaj-266	38	7	in	in	ADP
emaj-266	38	8	the	the	DET
emaj-266	38	9	studies	study	NOUN
emaj-266	38	10	,	,	PUNCT
emaj-266	38	11	it	it	PRON
emaj-266	38	12	is	be	AUX
emaj-266	38	13	stated	state	VERB
emaj-266	38	14	that	that	SCONJ
emaj-266	38	15	bitcoin	bitcoin	NOUN
emaj-266	38	16	is	be	AUX
emaj-266	38	17	both	both	CCONJ
emaj-266	38	18	a	a	DET
emaj-266	38	19	good	good	ADJ
emaj-266	38	20	diversifier	diversifier	NOUN
emaj-266	38	21	and	and	CCONJ
emaj-266	38	22	an	an	DET
emaj-266	38	23	investment	investment	NOUN
emaj-266	38	24	tool	tool	NOUN
emaj-266	38	25	that	that	PRON
emaj-266	38	26	reduces	reduce	VERB
emaj-266	38	27	risks	risk	NOUN
emaj-266	38	28	.	.	PUNCT
emaj-266	39	1	although	although	SCONJ
emaj-266	39	2	bitcoin	bitcoin	NOUN
emaj-266	39	3	prices	price	NOUN
emaj-266	39	4	have	have	AUX
emaj-266	39	5	been	be	AUX
emaj-266	39	6	mainly	mainly	ADV
emaj-266	39	7	discussed	discuss	VERB
emaj-266	39	8	and	and	CCONJ
emaj-266	39	9	included	include	VERB
emaj-266	39	10	in	in	ADP
emaj-266	39	11	the	the	DET
emaj-266	39	12	analysis	analysis	NOUN
emaj-266	39	13	,	,	PUNCT
emaj-266	39	14	the	the	DET
emaj-266	39	15	fact	fact	NOUN
emaj-266	39	16	that	that	SCONJ
emaj-266	39	17	the	the	DET
emaj-266	39	18	crypto	crypto	NOUN
emaj-266	39	19	asset	asset	NOUN
emaj-266	39	20	market	market	NOUN
emaj-266	39	21	has	have	AUX
emaj-266	39	22	reached	reach	VERB
emaj-266	39	23	significant	significant	ADJ
emaj-266	39	24	levels	level	NOUN
emaj-266	39	25	in	in	ADP
emaj-266	39	26	terms	term	NOUN
emaj-266	39	27	of	of	ADP
emaj-266	39	28	both	both	CCONJ
emaj-266	39	29	volume	volume	NOUN
emaj-266	39	30	and	and	CCONJ
emaj-266	39	31	number	number	NOUN
emaj-266	39	32	of	of	ADP
emaj-266	39	33	assets	asset	NOUN
emaj-266	39	34	has	have	AUX
emaj-266	39	35	reduced	reduce	VERB
emaj-266	39	36	the	the	DET
emaj-266	39	37	representation	representation	NOUN
emaj-266	39	38	power	power	NOUN
emaj-266	39	39	of	of	ADP
emaj-266	39	40	bitcoin	bitcoin	NOUN
emaj-266	39	41	in	in	ADP
emaj-266	39	42	the	the	DET
emaj-266	39	43	crypto	crypto	NOUN
emaj-266	39	44	market	market	NOUN
emaj-266	39	45	.	.	PUNCT
emaj-266	40	1	in	in	ADP
emaj-266	40	2	addition	addition	NOUN
emaj-266	40	3	,	,	PUNCT
emaj-266	40	4	although	although	SCONJ
emaj-266	40	5	there	there	PRON
emaj-266	40	6	is	be	VERB
emaj-266	40	7	well	well	ADV
emaj-266	40	8	-	-	PUNCT
emaj-266	40	9	established	establish	VERB
emaj-266	40	10	literature	literature	NOUN
emaj-266	40	11	examining	examine	VERB
emaj-266	40	12	bitcoin	bitcoin	NOUN
emaj-266	40	13	's	's	PART
emaj-266	40	14	hedge	hedge	NOUN
emaj-266	40	15	and	and	CCONJ
emaj-266	40	16	haven	haven	NOUN
emaj-266	40	17	features	feature	NOUN
emaj-266	40	18	,	,	PUNCT
emaj-266	40	19	there	there	PRON
emaj-266	40	20	is	be	VERB
emaj-266	40	21	no	no	DET
emaj-266	40	22	detailed	detailed	ADJ
emaj-266	40	23	study	study	NOUN
emaj-266	40	24	investigating	investigate	VERB
emaj-266	40	25	the	the	DET
emaj-266	40	26	interaction	interaction	NOUN
emaj-266	40	27	of	of	ADP
emaj-266	40	28	crypto	crypto	NOUN
emaj-266	40	29	assets	asset	NOUN
emaj-266	40	30	with	with	ADP
emaj-266	40	31	conventional	conventional	ADJ
emaj-266	40	32	investment	investment	NOUN
emaj-266	40	33	instruments	instrument	NOUN
emaj-266	40	34	in	in	ADP
emaj-266	40	35	general	general	ADJ
emaj-266	40	36	.	.	PUNCT
emaj-266	41	1	identifying	identify	VERB
emaj-266	41	2	other	other	ADJ
emaj-266	41	3	investment	investment	NOUN
emaj-266	41	4	instruments	instrument	NOUN
emaj-266	41	5	related	relate	VERB
emaj-266	41	6	to	to	ADP
emaj-266	41	7	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	41	8	is	be	AUX
emaj-266	41	9	important	important	ADJ
emaj-266	41	10	to	to	PART
emaj-266	41	11	protect	protect	VERB
emaj-266	41	12	investors	investor	NOUN
emaj-266	41	13	from	from	ADP
emaj-266	41	14	risk	risk	NOUN
emaj-266	41	15	and	and	CCONJ
emaj-266	41	16	help	help	VERB
emaj-266	41	17	them	they	PRON
emaj-266	41	18	make	make	VERB
emaj-266	41	19	the	the	DET
emaj-266	41	20	right	right	ADJ
emaj-266	41	21	investment	investment	NOUN
emaj-266	41	22	decisions	decision	NOUN
emaj-266	41	23	.	.	PUNCT
emaj-266	42	1	therefore	therefore	ADV
emaj-266	42	2	,	,	PUNCT
emaj-266	42	3	it	it	PRON
emaj-266	42	4	is	be	AUX
emaj-266	42	5	essential	essential	ADJ
emaj-266	42	6	to	to	PART
emaj-266	42	7	comprehensively	comprehensively	ADV
emaj-266	42	8	evaluate	evaluate	VERB
emaj-266	42	9	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	42	10	'	'	PART
emaj-266	42	11	potential	potential	ADJ
emaj-266	42	12	risks	risk	NOUN
emaj-266	42	13	and	and	CCONJ
emaj-266	42	14	advantages	advantage	NOUN
emaj-266	42	15	as	as	ADV
emaj-266	42	16	well	well	ADV
emaj-266	42	17	as	as	ADP
emaj-266	42	18	revealing	reveal	VERB
emaj-266	42	19	their	their	PRON
emaj-266	42	20	link	link	NOUN
emaj-266	42	21	with	with	ADP
emaj-266	42	22	conventional	conventional	ADJ
emaj-266	42	23	investment	investment	NOUN
emaj-266	42	24	instruments	instrument	NOUN
emaj-266	42	25	.	.	PUNCT
emaj-266	43	1	volume	volume	NOUN
emaj-266	43	2	12	12	NUM
emaj-266	43	3	no	no	DET
emaj-266	43	4	2	2	NUM
emaj-266	43	5	(	(	PUNCT
emaj-266	43	6	2022	2022	NUM
emaj-266	43	7	)	)	PUNCT
emaj-266	43	8	|	|	ADV
emaj-266	43	9	issn	issn	VERB
emaj-266	43	10	2158	2158	NUM
emaj-266	43	11	-	-	SYM
emaj-266	43	12	8708	8708	NUM
emaj-266	43	13	(	(	PUNCT
emaj-266	43	14	online	online	NOUN
emaj-266	43	15	)	)	PUNCT
emaj-266	43	16	|	|	ADV
emaj-266	43	17	doi	doi	X
emaj-266	43	18	10.5195	10.5195	NUM
emaj-266	43	19	/	/	SYM
emaj-266	43	20	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	43	21	|	|	ADV
emaj-266	43	22	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-266	43	23	investigating	investigate	VERB
emaj-266	43	24	the	the	DET
emaj-266	43	25	market	market	NOUN
emaj-266	43	26	linkages	linkage	NOUN
emaj-266	43	27	between	between	ADP
emaj-266	43	28	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	43	29	and	and	CCONJ
emaj-266	43	30	conventional	conventional	ADJ
emaj-266	43	31	assets	asset	NOUN
emaj-266	43	32	page	page	NOUN
emaj-266	43	33	|38|	|38|	ADJ
emaj-266	43	34	emerging	emerge	VERB
emaj-266	43	35	markets	market	NOUN
emaj-266	43	36	journal	journal	NOUN
emaj-266	43	37	this	this	DET
emaj-266	43	38	article	article	NOUN
emaj-266	43	39	attempts	attempt	VERB
emaj-266	43	40	to	to	PART
emaj-266	43	41	bridge	bridge	VERB
emaj-266	43	42	this	this	DET
emaj-266	43	43	gap	gap	NOUN
emaj-266	43	44	by	by	ADP
emaj-266	43	45	exploring	explore	VERB
emaj-266	43	46	the	the	DET
emaj-266	43	47	interaction	interaction	NOUN
emaj-266	43	48	between	between	ADP
emaj-266	43	49	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	43	50	and	and	CCONJ
emaj-266	43	51	conventional	conventional	ADJ
emaj-266	43	52	investment	investment	NOUN
emaj-266	43	53	instruments	instrument	NOUN
emaj-266	43	54	.	.	PUNCT
emaj-266	44	1	uncovering	uncover	VERB
emaj-266	44	2	this	this	DET
emaj-266	44	3	link	link	NOUN
emaj-266	44	4	will	will	AUX
emaj-266	44	5	be	be	AUX
emaj-266	44	6	helpful	helpful	ADJ
emaj-266	44	7	for	for	ADP
emaj-266	44	8	portfolio	portfolio	NOUN
emaj-266	44	9	management	management	NOUN
emaj-266	44	10	and	and	CCONJ
emaj-266	44	11	hedging	hedging	NOUN
emaj-266	44	12	decisions	decision	NOUN
emaj-266	44	13	and	and	CCONJ
emaj-266	44	14	provide	provide	VERB
emaj-266	44	15	new	new	ADJ
emaj-266	44	16	perspectives	perspective	NOUN
emaj-266	44	17	on	on	ADP
emaj-266	44	18	global	global	ADJ
emaj-266	44	19	finance	finance	NOUN
emaj-266	44	20	.	.	PUNCT
emaj-266	45	1	for	for	ADP
emaj-266	45	2	this	this	DET
emaj-266	45	3	purpose	purpose	NOUN
emaj-266	45	4	,	,	PUNCT
emaj-266	45	5	different	different	ADJ
emaj-266	45	6	than	than	ADP
emaj-266	45	7	the	the	DET
emaj-266	45	8	existing	exist	VERB
emaj-266	45	9	studies	study	NOUN
emaj-266	45	10	,	,	PUNCT
emaj-266	45	11	the	the	DET
emaj-266	45	12	cryptocurrency	cryptocurrency	NOUN
emaj-266	45	13	index	index	NOUN
emaj-266	45	14	representing	represent	VERB
emaj-266	45	15	all	all	DET
emaj-266	45	16	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	45	17	was	be	AUX
emaj-266	45	18	used	use	VERB
emaj-266	45	19	rather	rather	ADV
emaj-266	45	20	than	than	ADP
emaj-266	45	21	only	only	ADV
emaj-266	45	22	bitcoin	bitcoin	VERB
emaj-266	45	23	to	to	PART
emaj-266	45	24	represent	represent	VERB
emaj-266	45	25	the	the	DET
emaj-266	45	26	crypto	crypto	NOUN
emaj-266	45	27	market	market	NOUN
emaj-266	45	28	.	.	PUNCT
emaj-266	46	1	the	the	DET
emaj-266	46	2	causal	causal	ADJ
emaj-266	46	3	relationship	relationship	NOUN
emaj-266	46	4	was	be	AUX
emaj-266	46	5	examined	examine	VERB
emaj-266	46	6	between	between	ADP
emaj-266	46	7	the	the	DET
emaj-266	46	8	cryptocurrency	cryptocurrency	NOUN
emaj-266	46	9	index	index	NOUN
emaj-266	46	10	and	and	CCONJ
emaj-266	46	11	international	international	ADJ
emaj-266	46	12	stocks	stock	NOUN
emaj-266	46	13	,	,	PUNCT
emaj-266	46	14	bonds	bond	NOUN
emaj-266	46	15	,	,	PUNCT
emaj-266	46	16	the	the	DET
emaj-266	46	17	us	us	PROPN
emaj-266	46	18	dollar	dollar	NOUN
emaj-266	46	19	(	(	PUNCT
emaj-266	46	20	index	index	NOUN
emaj-266	46	21	)	)	PUNCT
emaj-266	46	22	,	,	PUNCT
emaj-266	46	23	gold	gold	NOUN
emaj-266	46	24	,	,	PUNCT
emaj-266	46	25	and	and	CCONJ
emaj-266	46	26	commodities	commodity	NOUN
emaj-266	46	27	.	.	PUNCT
emaj-266	47	1	in	in	ADP
emaj-266	47	2	this	this	DET
emaj-266	47	3	context	context	NOUN
emaj-266	47	4	,	,	PUNCT
emaj-266	47	5	the	the	DET
emaj-266	47	6	study	study	NOUN
emaj-266	47	7	's	's	PART
emaj-266	47	8	main	main	ADJ
emaj-266	47	9	contribution	contribution	NOUN
emaj-266	47	10	to	to	ADP
emaj-266	47	11	the	the	DET
emaj-266	47	12	literature	literature	NOUN
emaj-266	47	13	is	be	AUX
emaj-266	47	14	that	that	SCONJ
emaj-266	47	15	it	it	PRON
emaj-266	47	16	is	be	AUX
emaj-266	47	17	one	one	NUM
emaj-266	47	18	of	of	ADP
emaj-266	47	19	the	the	DET
emaj-266	47	20	first	first	ADJ
emaj-266	47	21	to	to	PART
emaj-266	47	22	explore	explore	VERB
emaj-266	47	23	the	the	DET
emaj-266	47	24	relationship	relationship	NOUN
emaj-266	47	25	between	between	ADP
emaj-266	47	26	the	the	DET
emaj-266	47	27	cryptocurrency	cryptocurrency	NOUN
emaj-266	47	28	index	index	NOUN
emaj-266	47	29	and	and	CCONJ
emaj-266	47	30	conventional	conventional	ADJ
emaj-266	47	31	investment	investment	NOUN
emaj-266	47	32	instruments	instrument	NOUN
emaj-266	47	33	.	.	PUNCT
emaj-266	48	1	the	the	DET
emaj-266	48	2	remainder	remainder	NOUN
emaj-266	48	3	of	of	ADP
emaj-266	48	4	the	the	DET
emaj-266	48	5	article	article	NOUN
emaj-266	48	6	is	be	AUX
emaj-266	48	7	organized	organize	VERB
emaj-266	48	8	as	as	SCONJ
emaj-266	48	9	follows	follow	VERB
emaj-266	48	10	.	.	PUNCT
emaj-266	49	1	chapter	chapter	NOUN
emaj-266	49	2	2	2	NUM
emaj-266	49	3	describes	describe	VERB
emaj-266	49	4	the	the	DET
emaj-266	49	5	data	datum	NOUN
emaj-266	49	6	and	and	CCONJ
emaj-266	49	7	methodology	methodology	NOUN
emaj-266	49	8	,	,	PUNCT
emaj-266	49	9	chapter	chapter	NOUN
emaj-266	49	10	3	3	NUM
emaj-266	49	11	discusses	discuss	VERB
emaj-266	49	12	the	the	DET
emaj-266	49	13	empirical	empirical	ADJ
emaj-266	49	14	analysis	analysis	NOUN
emaj-266	49	15	,	,	PUNCT
emaj-266	49	16	chapter	chapter	NOUN
emaj-266	49	17	4	4	NUM
emaj-266	49	18	is	be	AUX
emaj-266	49	19	about	about	ADP
emaj-266	49	20	findings	finding	NOUN
emaj-266	49	21	and	and	CCONJ
emaj-266	49	22	discussion	discussion	NOUN
emaj-266	49	23	and	and	CCONJ
emaj-266	49	24	chapter	chapter	NOUN
emaj-266	49	25	5	5	NUM
emaj-266	49	26	includes	include	VERB
emaj-266	49	27	conclusion	conclusion	NOUN
emaj-266	49	28	and	and	CCONJ
emaj-266	49	29	further	further	ADJ
emaj-266	49	30	research	research	NOUN
emaj-266	49	31	directions	direction	NOUN
emaj-266	49	32	.	.	PUNCT
emaj-266	50	1	ii	ii	X
emaj-266	50	2	.	.	PUNCT
emaj-266	51	1	data	datum	NOUN
emaj-266	51	2	and	and	CCONJ
emaj-266	51	3	methodology	methodology	NOUN
emaj-266	51	4	the	the	DET
emaj-266	51	5	data	datum	NOUN
emaj-266	51	6	set	set	VERB
emaj-266	51	7	used	use	VERB
emaj-266	51	8	in	in	ADP
emaj-266	51	9	this	this	DET
emaj-266	51	10	research	research	NOUN
emaj-266	51	11	consist	consist	NOUN
emaj-266	51	12	of	of	ADP
emaj-266	51	13	s&p	s&p	PROPN
emaj-266	51	14	cryptocurrency	cryptocurrency	NOUN
emaj-266	51	15	broad	broad	ADJ
emaj-266	51	16	digital	digital	ADJ
emaj-266	51	17	market	market	NOUN
emaj-266	51	18	index	index	NOUN
emaj-266	51	19	,	,	PUNCT
emaj-266	51	20	msci	msci	PROPN
emaj-266	51	21	acwi	acwi	VERB
emaj-266	51	22	index	index	NOUN
emaj-266	51	23	,	,	PUNCT
emaj-266	51	24	us	us	PROPN
emaj-266	51	25	dollar	dollar	NOUN
emaj-266	51	26	index	index	NOUN
emaj-266	51	27	,	,	PUNCT
emaj-266	51	28	s&p	s&p	PROPN
emaj-266	51	29	gsci	gsci	PROPN
emaj-266	51	30	commodity	commodity	NOUN
emaj-266	51	31	index	index	NOUN
emaj-266	51	32	,	,	PUNCT
emaj-266	51	33	pimco	pimco	PROPN
emaj-266	51	34	global	global	ADJ
emaj-266	51	35	bond	bond	NOUN
emaj-266	51	36	opportunities	opportunity	NOUN
emaj-266	51	37	fund	fund	NOUN
emaj-266	51	38	,	,	PUNCT
emaj-266	51	39	and	and	CCONJ
emaj-266	51	40	gold	gold	NOUN
emaj-266	51	41	ounce	ounce	NOUN
emaj-266	51	42	price	price	NOUN
emaj-266	51	43	variables	variable	NOUN
emaj-266	51	44	.	.	PUNCT
emaj-266	52	1	the	the	DET
emaj-266	52	2	data	datum	NOUN
emaj-266	52	3	were	be	AUX
emaj-266	52	4	obtained	obtain	VERB
emaj-266	52	5	from	from	ADP
emaj-266	52	6	the	the	DET
emaj-266	52	7	eikon	eikon	PROPN
emaj-266	52	8	thomson	thomson	PROPN
emaj-266	52	9	reuters	reuters	PROPN
emaj-266	52	10	database	database	NOUN
emaj-266	52	11	at	at	ADP
emaj-266	52	12	a	a	DET
emaj-266	52	13	daily	daily	ADJ
emaj-266	52	14	frequency	frequency	NOUN
emaj-266	52	15	within	within	ADP
emaj-266	52	16	the	the	DET
emaj-266	52	17	period	period	NOUN
emaj-266	52	18	of	of	ADP
emaj-266	52	19	28.02.2017	28.02.2017	NUM
emaj-266	52	20	-	-	SYM
emaj-266	52	21	18.01.2022	18.01.2022	NUM
emaj-266	52	22	.	.	PUNCT
emaj-266	53	1	existing	exist	VERB
emaj-266	53	2	studies	study	NOUN
emaj-266	53	3	in	in	ADP
emaj-266	53	4	the	the	DET
emaj-266	53	5	literature	literature	NOUN
emaj-266	53	6	investigating	investigate	VERB
emaj-266	53	7	the	the	DET
emaj-266	53	8	relationship	relationship	NOUN
emaj-266	53	9	among	among	ADP
emaj-266	53	10	bitcoin	bitcoin	NOUN
emaj-266	53	11	and	and	CCONJ
emaj-266	53	12	key	key	ADJ
emaj-266	53	13	asset	asset	NOUN
emaj-266	53	14	classes	class	NOUN
emaj-266	53	15	in	in	ADP
emaj-266	53	16	the	the	DET
emaj-266	53	17	global	global	ADJ
emaj-266	53	18	financial	financial	ADJ
emaj-266	53	19	system	system	NOUN
emaj-266	53	20	were	be	AUX
emaj-266	53	21	taken	take	VERB
emaj-266	53	22	into	into	ADP
emaj-266	53	23	account	account	NOUN
emaj-266	53	24	in	in	ADP
emaj-266	53	25	the	the	DET
emaj-266	53	26	selection	selection	NOUN
emaj-266	53	27	of	of	ADP
emaj-266	53	28	these	these	DET
emaj-266	53	29	financial	financial	ADJ
emaj-266	53	30	assets	asset	NOUN
emaj-266	53	31	(	(	PUNCT
emaj-266	53	32	baur	baur	NOUN
emaj-266	53	33	et	et	PROPN
emaj-266	53	34	al	al	PROPN
emaj-266	53	35	.	.	PROPN
emaj-266	53	36	,	,	PUNCT
emaj-266	53	37	2017	2017	NUM
emaj-266	53	38	;	;	PUNCT
emaj-266	53	39	bouri	bouri	PROPN
emaj-266	53	40	et	et	PROPN
emaj-266	53	41	al	al	PROPN
emaj-266	53	42	.	.	PROPN
emaj-266	53	43	,	,	PUNCT
emaj-266	53	44	2017	2017	NUM
emaj-266	53	45	;	;	PUNCT
emaj-266	53	46	umar	umar	PROPN
emaj-266	53	47	et	et	PROPN
emaj-266	53	48	al	al	PROPN
emaj-266	53	49	.	.	PROPN
emaj-266	53	50	,	,	PUNCT
emaj-266	53	51	2021	2021	NUM
emaj-266	53	52	;	;	PUNCT
emaj-266	53	53	zhang	zhang	PROPN
emaj-266	53	54	and	and	CCONJ
emaj-266	53	55	he	he	PRON
emaj-266	53	56	,	,	PUNCT
emaj-266	53	57	2021	2021	NUM
emaj-266	53	58	)	)	PUNCT
emaj-266	53	59	.	.	PUNCT
emaj-266	54	1	to	to	PART
emaj-266	54	2	examine	examine	VERB
emaj-266	54	3	international	international	ADJ
emaj-266	54	4	stock	stock	NOUN
emaj-266	54	5	markets	market	NOUN
emaj-266	54	6	,	,	PUNCT
emaj-266	54	7	unlike	unlike	ADP
emaj-266	54	8	some	some	DET
emaj-266	54	9	studies	study	NOUN
emaj-266	54	10	in	in	ADP
emaj-266	54	11	the	the	DET
emaj-266	54	12	literature	literature	NOUN
emaj-266	54	13	,	,	PUNCT
emaj-266	54	14	a	a	DET
emaj-266	54	15	global	global	ADJ
emaj-266	54	16	stock	stock	NOUN
emaj-266	54	17	index	index	NOUN
emaj-266	54	18	was	be	AUX
emaj-266	54	19	taken	take	VERB
emaj-266	54	20	into	into	ADP
emaj-266	54	21	account	account	NOUN
emaj-266	54	22	(	(	PUNCT
emaj-266	54	23	munyas	munyas	NOUN
emaj-266	54	24	and	and	CCONJ
emaj-266	54	25	atasoy	atasoy	NOUN
emaj-266	54	26	,	,	PUNCT
emaj-266	54	27	2021	2021	NUM
emaj-266	54	28	;	;	PUNCT
emaj-266	54	29	li	li	PROPN
emaj-266	54	30	et	et	PROPN
emaj-266	54	31	al	al	PROPN
emaj-266	54	32	.	.	PROPN
emaj-266	54	33	,	,	PUNCT
emaj-266	54	34	2021	2021	NUM
emaj-266	54	35	;	;	PUNCT
emaj-266	54	36	ünvan	ünvan	PROPN
emaj-266	54	37	,	,	PUNCT
emaj-266	54	38	2021	2021	NUM
emaj-266	54	39	;	;	PUNCT
emaj-266	54	40	wang	wang	PROPN
emaj-266	54	41	et	et	PROPN
emaj-266	54	42	al	al	PROPN
emaj-266	54	43	.	.	PROPN
emaj-266	54	44	,	,	PUNCT
emaj-266	54	45	2021	2021	NUM
emaj-266	54	46	)	)	PUNCT
emaj-266	54	47	.	.	PUNCT
emaj-266	55	1	due	due	ADP
emaj-266	55	2	to	to	ADP
emaj-266	55	3	the	the	DET
emaj-266	55	4	interest	interest	NOUN
emaj-266	55	5	of	of	ADP
emaj-266	55	6	investors	investor	NOUN
emaj-266	55	7	in	in	ADP
emaj-266	55	8	crypto	crypto	NOUN
emaj-266	55	9	assets	asset	NOUN
emaj-266	55	10	,	,	PUNCT
emaj-266	55	11	especially	especially	ADV
emaj-266	55	12	in	in	ADP
emaj-266	55	13	emerging	emerge	VERB
emaj-266	55	14	markets	market	NOUN
emaj-266	55	15	and	and	CCONJ
emaj-266	55	16	economies	economy	NOUN
emaj-266	55	17	,	,	PUNCT
emaj-266	55	18	as	as	ADV
emaj-266	55	19	well	well	ADV
emaj-266	55	20	as	as	ADP
emaj-266	55	21	developed	develop	VERB
emaj-266	55	22	countries	country	NOUN
emaj-266	55	23	,	,	PUNCT
emaj-266	55	24	the	the	DET
emaj-266	55	25	trading	trading	NOUN
emaj-266	55	26	volume	volume	NOUN
emaj-266	55	27	has	have	AUX
emaj-266	55	28	,	,	PUNCT
emaj-266	55	29	in	in	ADP
emaj-266	55	30	some	some	DET
emaj-266	55	31	cases	case	NOUN
emaj-266	55	32	,	,	PUNCT
emaj-266	55	33	become	become	VERB
emaj-266	55	34	comparable	comparable	ADJ
emaj-266	55	35	to	to	ADP
emaj-266	55	36	the	the	DET
emaj-266	55	37	trading	trading	NOUN
emaj-266	55	38	volumes	volume	NOUN
emaj-266	55	39	in	in	ADP
emaj-266	55	40	local	local	ADJ
emaj-266	55	41	stock	stock	NOUN
emaj-266	55	42	markets	market	NOUN
emaj-266	55	43	(	(	PUNCT
emaj-266	55	44	international	international	ADJ
emaj-266	55	45	monetary	monetary	ADJ
emaj-266	55	46	fund	fund	NOUN
emaj-266	55	47	,	,	PUNCT
emaj-266	55	48	2021	2021	NUM
emaj-266	55	49	)	)	PUNCT
emaj-266	55	50	.	.	PUNCT
emaj-266	56	1	this	this	DET
emaj-266	56	2	situation	situation	NOUN
emaj-266	56	3	strengthens	strengthen	VERB
emaj-266	56	4	the	the	DET
emaj-266	56	5	possibility	possibility	NOUN
emaj-266	56	6	of	of	ADP
emaj-266	56	7	any	any	DET
emaj-266	56	8	investor	investor	NOUN
emaj-266	56	9	to	to	PART
emaj-266	56	10	have	have	AUX
emaj-266	56	11	cryptocurrency	cryptocurrency	NOUN
emaj-266	56	12	in	in	ADP
emaj-266	56	13	his	his	PRON
emaj-266	56	14	portfolio	portfolio	NOUN
emaj-266	56	15	along	along	ADP
emaj-266	56	16	with	with	ADP
emaj-266	56	17	the	the	DET
emaj-266	56	18	stocks	stock	NOUN
emaj-266	56	19	traded	trade	VERB
emaj-266	56	20	in	in	ADP
emaj-266	56	21	his	his	PRON
emaj-266	56	22	local	local	ADJ
emaj-266	56	23	stock	stock	NOUN
emaj-266	56	24	market	market	NOUN
emaj-266	56	25	.	.	PUNCT
emaj-266	57	1	previous	previous	ADJ
emaj-266	57	2	studies	study	NOUN
emaj-266	57	3	have	have	AUX
emaj-266	57	4	emphasized	emphasize	VERB
emaj-266	57	5	that	that	SCONJ
emaj-266	57	6	bitcoin	bitcoin	NOUN
emaj-266	57	7	and	and	CCONJ
emaj-266	57	8	some	some	DET
emaj-266	57	9	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	57	10	are	be	AUX
emaj-266	57	11	effective	effective	ADJ
emaj-266	57	12	diversifiers	diversifier	NOUN
emaj-266	57	13	in	in	ADP
emaj-266	57	14	hedging	hedge	VERB
emaj-266	57	15	portfolios	portfolio	NOUN
emaj-266	57	16	for	for	ADP
emaj-266	57	17	investors	investor	NOUN
emaj-266	57	18	.	.	PUNCT
emaj-266	58	1	therefore	therefore	ADV
emaj-266	58	2	,	,	PUNCT
emaj-266	58	3	determining	determine	VERB
emaj-266	58	4	the	the	DET
emaj-266	58	5	relationship	relationship	NOUN
emaj-266	58	6	between	between	ADP
emaj-266	58	7	global	global	ADJ
emaj-266	58	8	stock	stock	NOUN
emaj-266	58	9	markets	market	NOUN
emaj-266	58	10	and	and	CCONJ
emaj-266	58	11	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	58	12	is	be	AUX
emaj-266	58	13	vital	vital	ADJ
emaj-266	58	14	for	for	ADP
emaj-266	58	15	investors	investor	NOUN
emaj-266	58	16	and	and	CCONJ
emaj-266	58	17	policymakers	policymaker	NOUN
emaj-266	58	18	.	.	PUNCT
emaj-266	59	1	commodities	commodity	NOUN
emaj-266	59	2	are	be	AUX
emaj-266	59	3	one	one	NUM
emaj-266	59	4	of	of	ADP
emaj-266	59	5	the	the	DET
emaj-266	59	6	important	important	ADJ
emaj-266	59	7	asset	asset	NOUN
emaj-266	59	8	classes	class	NOUN
emaj-266	59	9	in	in	ADP
emaj-266	59	10	the	the	DET
emaj-266	59	11	global	global	ADJ
emaj-266	59	12	financial	financial	ADJ
emaj-266	59	13	system	system	NOUN
emaj-266	59	14	and	and	CCONJ
emaj-266	59	15	are	be	AUX
emaj-266	59	16	used	use	VERB
emaj-266	59	17	as	as	ADP
emaj-266	59	18	investment	investment	NOUN
emaj-266	59	19	vehicles	vehicle	NOUN
emaj-266	59	20	.	.	PUNCT
emaj-266	60	1	cryptocurrency	cryptocurrency	NOUN
emaj-266	60	2	mining	mining	NOUN
emaj-266	60	3	plays	play	VERB
emaj-266	60	4	a	a	DET
emaj-266	60	5	vital	vital	ADJ
emaj-266	60	6	role	role	NOUN
emaj-266	60	7	in	in	ADP
emaj-266	60	8	the	the	DET
emaj-266	60	9	survival	survival	NOUN
emaj-266	60	10	of	of	ADP
emaj-266	60	11	crypto	crypto	NOUN
emaj-266	60	12	assets	asset	NOUN
emaj-266	60	13	.	.	PUNCT
emaj-266	61	1	for	for	SCONJ
emaj-266	61	2	mining	mining	NOUN
emaj-266	61	3	activities	activity	NOUN
emaj-266	61	4	to	to	PART
emaj-266	61	5	continue	continue	VERB
emaj-266	61	6	,	,	PUNCT
emaj-266	61	7	energy	energy	NOUN
emaj-266	61	8	(	(	PUNCT
emaj-266	61	9	hence	hence	ADV
emaj-266	61	10	commodities	commodity	NOUN
emaj-266	61	11	)	)	PUNCT
emaj-266	61	12	is	be	AUX
emaj-266	61	13	required	require	VERB
emaj-266	61	14	and	and	CCONJ
emaj-266	61	15	thus	thus	ADV
emaj-266	61	16	represents	represent	VERB
emaj-266	61	17	the	the	DET
emaj-266	61	18	primary	primary	ADJ
emaj-266	61	19	input	input	NOUN
emaj-266	61	20	(	(	PUNCT
emaj-266	61	21	ji	ji	X
emaj-266	61	22	et	et	PROPN
emaj-266	61	23	al	al	PROPN
emaj-266	61	24	.	.	PROPN
emaj-266	61	25	,	,	PUNCT
emaj-266	61	26	2018	2018	NUM
emaj-266	61	27	;	;	PUNCT
emaj-266	61	28	li	li	PROPN
emaj-266	61	29	and	and	CCONJ
emaj-266	61	30	wang	wang	PROPN
emaj-266	61	31	,	,	PUNCT
emaj-266	61	32	2017	2017	NUM
emaj-266	61	33	)	)	PUNCT
emaj-266	61	34	.	.	PUNCT
emaj-266	62	1	in	in	ADP
emaj-266	62	2	addition	addition	NOUN
emaj-266	62	3	,	,	PUNCT
emaj-266	62	4	metals	metal	NOUN
emaj-266	62	5	(	(	PUNCT
emaj-266	62	6	aluminum	aluminum	NOUN
emaj-266	62	7	,	,	PUNCT
emaj-266	62	8	nickel	nickel	NOUN
emaj-266	62	9	,	,	PUNCT
emaj-266	62	10	etc	etc	X
emaj-266	62	11	.	.	X
emaj-266	62	12	)	)	PUNCT
emaj-266	62	13	are	be	AUX
emaj-266	62	14	used	use	VERB
emaj-266	62	15	extensively	extensively	ADV
emaj-266	62	16	in	in	ADP
emaj-266	62	17	producing	produce	VERB
emaj-266	62	18	hardware	hardware	NOUN
emaj-266	62	19	used	use	VERB
emaj-266	62	20	in	in	ADP
emaj-266	62	21	cryptocurrency	cryptocurrency	NOUN
emaj-266	62	22	mining	mining	NOUN
emaj-266	62	23	.	.	PUNCT
emaj-266	63	1	therefore	therefore	ADV
emaj-266	63	2	,	,	PUNCT
emaj-266	63	3	the	the	DET
emaj-266	63	4	relationship	relationship	NOUN
emaj-266	63	5	between	between	ADP
emaj-266	63	6	crypto	crypto	NOUN
emaj-266	63	7	-	-	NOUN
emaj-266	63	8	assets	asset	NOUN
emaj-266	63	9	and	and	CCONJ
emaj-266	63	10	commodities	commodity	NOUN
emaj-266	63	11	is	be	AUX
emaj-266	63	12	not	not	PART
emaj-266	63	13	limited	limit	VERB
emaj-266	63	14	to	to	ADP
emaj-266	63	15	portfolio	portfolio	NOUN
emaj-266	63	16	diversification	diversification	NOUN
emaj-266	63	17	and	and	CCONJ
emaj-266	63	18	hedging	hedging	NOUN
emaj-266	63	19	.	.	PUNCT
emaj-266	64	1	because	because	SCONJ
emaj-266	64	2	of	of	ADP
emaj-266	64	3	this	this	DET
emaj-266	64	4	reason	reason	NOUN
emaj-266	64	5	,	,	PUNCT
emaj-266	64	6	since	since	SCONJ
emaj-266	64	7	this	this	DET
emaj-266	64	8	relationship	relationship	NOUN
emaj-266	64	9	of	of	ADP
emaj-266	64	10	commodities	commodity	NOUN
emaj-266	64	11	with	with	ADP
emaj-266	64	12	crypto	crypto	NOUN
emaj-266	64	13	assets	asset	NOUN
emaj-266	64	14	is	be	AUX
emaj-266	64	15	frequently	frequently	ADV
emaj-266	64	16	used	use	VERB
emaj-266	64	17	in	in	ADP
emaj-266	64	18	current	current	ADJ
emaj-266	64	19	studies	study	NOUN
emaj-266	64	20	,	,	PUNCT
emaj-266	64	21	the	the	DET
emaj-266	64	22	commodity	commodity	NOUN
emaj-266	64	23	index	index	NOUN
emaj-266	64	24	is	be	AUX
emaj-266	64	25	included	include	VERB
emaj-266	64	26	in	in	ADP
emaj-266	64	27	the	the	DET
emaj-266	64	28	data	data	NOUN
emaj-266	64	29	set	set	NOUN
emaj-266	64	30	(	(	PUNCT
emaj-266	64	31	rehman	rehman	NOUN
emaj-266	64	32	and	and	CCONJ
emaj-266	64	33	kang	kang	PROPN
emaj-266	64	34	,	,	PUNCT
emaj-266	64	35	2021	2021	NUM
emaj-266	64	36	;	;	PUNCT
emaj-266	64	37	lin	lin	PROPN
emaj-266	64	38	and	and	CCONJ
emaj-266	64	39	an	an	DET
emaj-266	64	40	,	,	PUNCT
emaj-266	64	41	2021	2021	NUM
emaj-266	64	42	;	;	PUNCT
emaj-266	64	43	erdaş	erdaş	ADJ
emaj-266	64	44	and	and	CCONJ
emaj-266	64	45	çağlar	çağlar	ADJ
emaj-266	64	46	,	,	PUNCT
emaj-266	64	47	2018	2018	NUM
emaj-266	64	48	;	;	PUNCT
emaj-266	64	49	hayes	haye	NOUN
emaj-266	64	50	,	,	PUNCT
emaj-266	64	51	2018	2018	NUM
emaj-266	64	52	)	)	PUNCT
emaj-266	64	53	.	.	PUNCT
emaj-266	65	1	in	in	ADP
emaj-266	65	2	recent	recent	ADJ
emaj-266	65	3	years	year	NOUN
emaj-266	65	4	,	,	PUNCT
emaj-266	65	5	it	it	PRON
emaj-266	65	6	has	have	AUX
emaj-266	65	7	been	be	AUX
emaj-266	65	8	thought	think	VERB
emaj-266	65	9	that	that	SCONJ
emaj-266	65	10	bitcoin	bitcoin	NOUN
emaj-266	65	11	and	and	CCONJ
emaj-266	65	12	some	some	DET
emaj-266	65	13	stable	stable	ADJ
emaj-266	65	14	coins	coin	NOUN
emaj-266	65	15	(	(	PUNCT
emaj-266	65	16	tether	tether	NOUN
emaj-266	65	17	,	,	PUNCT
emaj-266	65	18	usd	usd	NOUN
emaj-266	65	19	coin	coin	NOUN
emaj-266	65	20	,	,	PUNCT
emaj-266	65	21	binance	binance	NOUN
emaj-266	65	22	usd	usd	NOUN
emaj-266	65	23	,	,	PUNCT
emaj-266	65	24	etc	etc	X
emaj-266	65	25	.	.	X
emaj-266	65	26	)	)	PUNCT
emaj-266	65	27	can	can	AUX
emaj-266	65	28	be	be	AUX
emaj-266	65	29	alternatives	alternative	NOUN
emaj-266	65	30	to	to	ADP
emaj-266	65	31	the	the	DET
emaj-266	65	32	main	main	ADJ
emaj-266	65	33	currencies	currency	NOUN
emaj-266	65	34	that	that	PRON
emaj-266	65	35	have	have	VERB
emaj-266	65	36	global	global	ADJ
emaj-266	65	37	validity	validity	NOUN
emaj-266	65	38	,	,	PUNCT
emaj-266	65	39	such	such	ADJ
emaj-266	65	40	as	as	ADP
emaj-266	65	41	the	the	DET
emaj-266	65	42	us	us	PROPN
emaj-266	65	43	dollar	dollar	NOUN
emaj-266	65	44	.	.	PUNCT
emaj-266	66	1	some	some	DET
emaj-266	66	2	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	66	3	(	(	PUNCT
emaj-266	66	4	bitcoin	bitcoin	NOUN
emaj-266	66	5	,	,	PUNCT
emaj-266	66	6	ethereum	ethereum	PROPN
emaj-266	66	7	,	,	PUNCT
emaj-266	66	8	solana	solana	PROPN
emaj-266	66	9	,	,	PUNCT
emaj-266	66	10	chainlink	chainlink	NOUN
emaj-266	66	11	,	,	PUNCT
emaj-266	66	12	etc	etc	X
emaj-266	66	13	.	.	X
emaj-266	66	14	)	)	PUNCT
emaj-266	66	15	have	have	AUX
emaj-266	66	16	created	create	VERB
emaj-266	66	17	ecosystems	ecosystem	NOUN
emaj-266	66	18	and	and	CCONJ
emaj-266	66	19	an	an	DET
emaj-266	66	20	alternative	alternative	ADJ
emaj-266	66	21	economy	economy	NOUN
emaj-266	66	22	to	to	ADP
emaj-266	66	23	the	the	DET
emaj-266	66	24	current	current	ADJ
emaj-266	66	25	economic	economic	ADJ
emaj-266	66	26	system	system	NOUN
emaj-266	66	27	(	(	PUNCT
emaj-266	66	28	bouri	bouri	X
emaj-266	66	29	et	et	PROPN
emaj-266	66	30	al	al	PROPN
emaj-266	66	31	.	.	PROPN
emaj-266	66	32	,	,	PUNCT
emaj-266	66	33	2017	2017	NUM
emaj-266	66	34	)	)	PUNCT
emaj-266	66	35	.	.	PUNCT
emaj-266	67	1	therefore	therefore	ADV
emaj-266	67	2	,	,	PUNCT
emaj-266	67	3	if	if	SCONJ
emaj-266	67	4	some	some	DET
emaj-266	67	5	investors	investor	NOUN
emaj-266	67	6	lose	lose	VERB
emaj-266	67	7	confidence	confidence	NOUN
emaj-266	67	8	in	in	ADP
emaj-266	67	9	economies	economy	NOUN
emaj-266	67	10	or	or	CCONJ
emaj-266	67	11	significant	significant	ADJ
emaj-266	67	12	currencies	currency	NOUN
emaj-266	67	13	,	,	PUNCT
emaj-266	67	14	they	they	PRON
emaj-266	67	15	may	may	AUX
emaj-266	67	16	turn	turn	VERB
emaj-266	67	17	to	to	ADP
emaj-266	67	18	bitcoin	bitcoin	VERB
emaj-266	67	19	and	and	CCONJ
emaj-266	67	20	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	67	21	.	.	PUNCT
emaj-266	68	1	because	because	SCONJ
emaj-266	68	2	of	of	ADP
emaj-266	68	3	this	this	DET
emaj-266	68	4	feature	feature	NOUN
emaj-266	68	5	,	,	PUNCT
emaj-266	68	6	bitcoin	bitcoin	PROPN
emaj-266	68	7	is	be	AUX
emaj-266	68	8	sometimes	sometimes	ADV
emaj-266	68	9	called	call	VERB
emaj-266	68	10	as	as	ADP
emaj-266	68	11	the	the	DET
emaj-266	68	12	digital	digital	ADJ
emaj-266	68	13	gold	gold	NOUN
emaj-266	68	14	(	(	PUNCT
emaj-266	68	15	popper	popper	NOUN
emaj-266	68	16	,	,	PUNCT
emaj-266	68	17	2015	2015	NUM
emaj-266	68	18	)	)	PUNCT
emaj-266	68	19	.	.	PUNCT
emaj-266	69	1	in	in	ADP
emaj-266	69	2	this	this	DET
emaj-266	69	3	context	context	NOUN
emaj-266	69	4	,	,	PUNCT
emaj-266	69	5	dyhrberg	dyhrberg	PROPN
emaj-266	69	6	(	(	PUNCT
emaj-266	69	7	2015	2015	NUM
emaj-266	69	8	)	)	PUNCT
emaj-266	69	9	stated	state	VERB
emaj-266	69	10	that	that	SCONJ
emaj-266	69	11	bitcoin	bitcoin	NOUN
emaj-266	69	12	could	could	AUX
emaj-266	69	13	protect	protect	VERB
emaj-266	69	14	united	united	ADJ
emaj-266	69	15	kingdom	kingdom	PROPN
emaj-266	69	16	(	(	PUNCT
emaj-266	69	17	uk	uk	PROPN
emaj-266	69	18	)	)	PUNCT
emaj-266	69	19	stocks	stock	NOUN
emaj-266	69	20	and	and	CCONJ
emaj-266	69	21	the	the	DET
emaj-266	69	22	us	us	PROPN
emaj-266	69	23	dollar	dollar	NOUN
emaj-266	69	24	.	.	PUNCT
emaj-266	70	1	therefore	therefore	ADV
emaj-266	70	2	,	,	PUNCT
emaj-266	70	3	the	the	DET
emaj-266	70	4	focus	focus	NOUN
emaj-266	70	5	is	be	AUX
emaj-266	70	6	on	on	ADP
emaj-266	70	7	the	the	DET
emaj-266	70	8	us	us	PROPN
emaj-266	70	9	dollar	dollar	NOUN
emaj-266	70	10	index	index	NOUN
emaj-266	70	11	,	,	PUNCT
emaj-266	70	12	which	which	PRON
emaj-266	70	13	is	be	AUX
emaj-266	70	14	at	at	ADP
emaj-266	70	15	the	the	DET
emaj-266	70	16	center	center	NOUN
emaj-266	70	17	of	of	ADP
emaj-266	70	18	today	today	NOUN
emaj-266	70	19	's	's	PART
emaj-266	70	20	financial	financial	ADJ
emaj-266	70	21	system	system	NOUN
emaj-266	70	22	(	(	PUNCT
emaj-266	70	23	palazzi	palazzi	NOUN
emaj-266	70	24	et	et	PROPN
emaj-266	70	25	al	al	PROPN
emaj-266	70	26	.	.	PROPN
emaj-266	70	27	,	,	PUNCT
emaj-266	70	28	2021	2021	NUM
emaj-266	70	29	;	;	PUNCT
emaj-266	70	30	yu	yu	PROPN
emaj-266	70	31	et	et	PROPN
emaj-266	70	32	al	al	PROPN
emaj-266	70	33	.	.	PROPN
emaj-266	70	34	,	,	PUNCT
emaj-266	70	35	2021	2021	NUM
emaj-266	70	36	;	;	PUNCT
emaj-266	70	37	bekiros	bekiro	NOUN
emaj-266	70	38	et	et	PROPN
emaj-266	70	39	al	al	PROPN
emaj-266	70	40	.	.	PROPN
emaj-266	70	41	,	,	PUNCT
emaj-266	70	42	2021	2021	NUM
emaj-266	70	43	;	;	PUNCT
emaj-266	70	44	duan	duan	PROPN
emaj-266	70	45	et	et	PROPN
emaj-266	70	46	al	al	PROPN
emaj-266	70	47	.	.	PROPN
emaj-266	70	48	,	,	PUNCT
emaj-266	70	49	2021	2021	NUM
emaj-266	70	50	)	)	PUNCT
emaj-266	70	51	.	.	PUNCT
emaj-266	71	1	gold	gold	NOUN
emaj-266	71	2	is	be	AUX
emaj-266	71	3	a	a	DET
emaj-266	71	4	good	good	ADJ
emaj-266	71	5	portfolio	portfolio	NOUN
emaj-266	71	6	diversifier	diversifi	ADJ
emaj-266	71	7	and	and	CCONJ
emaj-266	71	8	an	an	DET
emaj-266	71	9	effective	effective	ADJ
emaj-266	71	10	hedging	hedging	NOUN
emaj-266	71	11	investment	investment	NOUN
emaj-266	71	12	tool	tool	NOUN
emaj-266	71	13	in	in	ADP
emaj-266	71	14	environments	environment	NOUN
emaj-266	71	15	where	where	SCONJ
emaj-266	71	16	global	global	ADJ
emaj-266	71	17	risks	risk	NOUN
emaj-266	71	18	increase	increase	VERB
emaj-266	71	19	.	.	PUNCT
emaj-266	72	1	some	some	DET
emaj-266	72	2	studies	study	NOUN
emaj-266	72	3	define	define	VERB
emaj-266	72	4	bitcoin	bitcoin	NOUN
emaj-266	72	5	as	as	ADP
emaj-266	72	6	the	the	DET
emaj-266	72	7	digital	digital	ADJ
emaj-266	72	8	gold	gold	NOUN
emaj-266	72	9	in	in	ADP
emaj-266	72	10	terms	term	NOUN
emaj-266	72	11	of	of	ADP
emaj-266	72	12	its	its	PRON
emaj-266	72	13	features	feature	NOUN
emaj-266	72	14	and	and	CCONJ
emaj-266	72	15	compare	compare	VERB
emaj-266	72	16	it	it	PRON
emaj-266	72	17	with	with	ADP
emaj-266	72	18	the	the	DET
emaj-266	72	19	investment	investment	NOUN
emaj-266	72	20	characteristics	characteristic	NOUN
emaj-266	72	21	of	of	ADP
emaj-266	72	22	gold	gold	NOUN
emaj-266	72	23	.	.	PUNCT
emaj-266	73	1	therefore	therefore	ADV
emaj-266	73	2	,	,	PUNCT
emaj-266	73	3	gold	gold	NOUN
emaj-266	73	4	prices	price	NOUN
emaj-266	73	5	are	be	AUX
emaj-266	73	6	included	include	VERB
emaj-266	73	7	in	in	ADP
emaj-266	73	8	the	the	DET
emaj-266	73	9	analysis	analysis	NOUN
emaj-266	73	10	separately	separately	ADV
emaj-266	73	11	from	from	ADP
emaj-266	73	12	the	the	DET
emaj-266	73	13	commodity	commodity	NOUN
emaj-266	73	14	index	index	NOUN
emaj-266	73	15	(	(	PUNCT
emaj-266	73	16	taskinsoy	taskinsoy	NOUN
emaj-266	73	17	,	,	PUNCT
emaj-266	73	18	2021	2021	NUM
emaj-266	73	19	;	;	PUNCT
emaj-266	73	20	le	le	X
emaj-266	73	21	et	et	PROPN
emaj-266	73	22	al	al	PROPN
emaj-266	73	23	.	.	PROPN
emaj-266	73	24	,	,	PUNCT
emaj-266	73	25	2021	2021	NUM
emaj-266	73	26	;	;	PUNCT
emaj-266	73	27	selmi	selmi	PROPN
emaj-266	73	28	et	et	PROPN
emaj-266	73	29	al	al	PROPN
emaj-266	73	30	.	.	PROPN
emaj-266	73	31	,	,	PUNCT
emaj-266	73	32	2022	2022	NUM
emaj-266	73	33	;	;	PUNCT
emaj-266	73	34	baur	baur	PROPN
emaj-266	73	35	and	and	CCONJ
emaj-266	73	36	hoang	hoang	PROPN
emaj-266	73	37	,	,	PUNCT
emaj-266	73	38	2021	2021	NUM
emaj-266	73	39	;	;	PUNCT
emaj-266	73	40	zhu	zhu	PROPN
emaj-266	73	41	et	et	PROPN
emaj-266	73	42	al	al	PROPN
emaj-266	73	43	.	.	PROPN
emaj-266	73	44	,	,	PUNCT
emaj-266	73	45	2017	2017	NUM
emaj-266	73	46	)	)	PUNCT
emaj-266	73	47	.	.	PUNCT
emaj-266	74	1	bonds	bond	NOUN
emaj-266	74	2	are	be	AUX
emaj-266	74	3	assets	asset	NOUN
emaj-266	74	4	that	that	PRON
emaj-266	74	5	investors	investor	NOUN
emaj-266	74	6	frequently	frequently	ADV
emaj-266	74	7	use	use	VERB
emaj-266	74	8	for	for	ADP
emaj-266	74	9	portfolio	portfolio	NOUN
emaj-266	74	10	diversification	diversification	NOUN
emaj-266	74	11	and	and	CCONJ
emaj-266	74	12	risk	risk	NOUN
emaj-266	74	13	reduction	reduction	NOUN
emaj-266	74	14	.	.	PUNCT
emaj-266	75	1	it	it	PRON
emaj-266	75	2	is	be	AUX
emaj-266	75	3	important	important	ADJ
emaj-266	75	4	to	to	PART
emaj-266	75	5	examine	examine	VERB
emaj-266	75	6	the	the	DET
emaj-266	75	7	relationship	relationship	NOUN
emaj-266	75	8	between	between	ADP
emaj-266	75	9	these	these	DET
emaj-266	75	10	assets	asset	NOUN
emaj-266	75	11	issued	issue	VERB
emaj-266	75	12	by	by	ADP
emaj-266	75	13	the	the	DET
emaj-266	75	14	sovereign	sovereign	ADJ
emaj-266	75	15	authorities	authority	NOUN
emaj-266	75	16	and	and	CCONJ
emaj-266	75	17	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	75	18	,	,	PUNCT
emaj-266	75	19	a	a	DET
emaj-266	75	20	new	new	ADJ
emaj-266	75	21	asset	asset	NOUN
emaj-266	75	22	class	class	NOUN
emaj-266	75	23	independent	independent	ADJ
emaj-266	75	24	of	of	ADP
emaj-266	75	25	the	the	DET
emaj-266	75	26	sovereign	sovereign	ADJ
emaj-266	75	27	authorities	authority	NOUN
emaj-266	75	28	so	so	SCONJ
emaj-266	75	29	that	that	SCONJ
emaj-266	75	30	investors	investor	NOUN
emaj-266	75	31	can	can	AUX
emaj-266	75	32	make	make	VERB
emaj-266	75	33	the	the	DET
emaj-266	75	34	right	right	ADJ
emaj-266	75	35	investment	investment	NOUN
emaj-266	75	36	decisions	decision	NOUN
emaj-266	75	37	(	(	PUNCT
emaj-266	75	38	elsayde	elsayde	NOUN
emaj-266	75	39	et	et	PROPN
emaj-266	75	40	al	al	PROPN
emaj-266	75	41	.	.	PROPN
emaj-266	75	42	,	,	PUNCT
emaj-266	75	43	2022	2022	NUM
emaj-266	75	44	;	;	PUNCT
emaj-266	75	45	briere	briere	PROPN
emaj-266	75	46	et	et	PROPN
emaj-266	75	47	al	al	PROPN
emaj-266	75	48	.	.	PROPN
emaj-266	75	49	,	,	PUNCT
emaj-266	75	50	2015	2015	NUM
emaj-266	75	51	;	;	PUNCT
emaj-266	75	52	huang	huang	PROPN
emaj-266	75	53	et	et	PROPN
emaj-266	75	54	al	al	PROPN
emaj-266	75	55	.	.	PROPN
emaj-266	75	56	,	,	PUNCT
emaj-266	75	57	2021	2021	NUM
emaj-266	75	58	)	)	PUNCT
emaj-266	75	59	.	.	PUNCT
emaj-266	76	1	for	for	ADP
emaj-266	76	2	this	this	DET
emaj-266	76	3	purpose	purpose	NOUN
emaj-266	76	4	,	,	PUNCT
emaj-266	76	5	the	the	DET
emaj-266	76	6	bond	bond	NOUN
emaj-266	76	7	index	index	NOUN
emaj-266	76	8	representing	represent	VERB
emaj-266	76	9	the	the	DET
emaj-266	76	10	global	global	ADJ
emaj-266	76	11	bond	bond	NOUN
emaj-266	76	12	market	market	NOUN
emaj-266	76	13	is	be	AUX
emaj-266	76	14	also	also	ADV
emaj-266	76	15	included	include	VERB
emaj-266	76	16	in	in	ADP
emaj-266	76	17	the	the	DET
emaj-266	76	18	data	datum	NOUN
emaj-266	76	19	set	set	VERB
emaj-266	76	20	.	.	PUNCT
emaj-266	77	1	dickey	dickey	PROPN
emaj-266	77	2	and	and	CCONJ
emaj-266	77	3	fuller	full	ADJ
emaj-266	77	4	(	(	PUNCT
emaj-266	77	5	1979	1979	NUM
emaj-266	77	6	)	)	PUNCT
emaj-266	77	7	test	test	NOUN
emaj-266	77	8	in	in	ADP
emaj-266	77	9	this	this	DET
emaj-266	77	10	section	section	NOUN
emaj-266	77	11	,	,	PUNCT
emaj-266	77	12	dickey	dickey	NOUN
emaj-266	77	13	and	and	CCONJ
emaj-266	77	14	fuller	fuller	NOUN
emaj-266	77	15	's	's	PART
emaj-266	77	16	(	(	PUNCT
emaj-266	77	17	1979	1979	NUM
emaj-266	77	18	)	)	PUNCT
emaj-266	77	19	unit	unit	NOUN
emaj-266	77	20	root	root	NOUN
emaj-266	77	21	test	test	NOUN
emaj-266	77	22	is	be	AUX
emaj-266	77	23	briefly	briefly	ADV
emaj-266	77	24	mentioned	mention	VERB
emaj-266	77	25	because	because	SCONJ
emaj-266	77	26	of	of	ADP
emaj-266	77	27	examining	examine	VERB
emaj-266	77	28	the	the	DET
emaj-266	77	29	stationarity	stationarity	NOUN
emaj-266	77	30	of	of	ADP
emaj-266	77	31	the	the	DET
emaj-266	77	32	variables	variable	NOUN
emaj-266	77	33	examined	examine	VERB
emaj-266	77	34	first	first	ADV
emaj-266	77	35	.	.	PUNCT
emaj-266	78	1	afterward	afterward	ADV
emaj-266	78	2	,	,	PUNCT
emaj-266	78	3	cointegration	cointegration	NOUN
emaj-266	78	4	and	and	CCONJ
emaj-266	78	5	granger	granger	PROPN
emaj-266	78	6	causality	causality	NOUN
emaj-266	78	7	tests	test	NOUN
emaj-266	78	8	are	be	AUX
emaj-266	78	9	included	include	VERB
emaj-266	78	10	.	.	PUNCT
emaj-266	79	1	in	in	ADP
emaj-266	79	2	the	the	DET
emaj-266	79	3	test	test	NOUN
emaj-266	79	4	introduced	introduce	VERB
emaj-266	79	5	by	by	ADP
emaj-266	79	6	dickey	dickey	PROPN
emaj-266	79	7	and	and	CCONJ
emaj-266	79	8	fuller	full	ADJ
emaj-266	79	9	(	(	PUNCT
emaj-266	79	10	1979	1979	NUM
emaj-266	79	11	)	)	PUNCT
emaj-266	79	12	,	,	PUNCT
emaj-266	79	13	the	the	DET
emaj-266	79	14	presence	presence	NOUN
emaj-266	79	15	of	of	ADP
emaj-266	79	16	a	a	DET
emaj-266	79	17	unit	unit	NOUN
emaj-266	79	18	root	root	NOUN
emaj-266	79	19	is	be	AUX
emaj-266	79	20	determined	determine	VERB
emaj-266	79	21	in	in	ADP
emaj-266	79	22	the	the	DET
emaj-266	79	23	series	series	NOUN
emaj-266	79	24	.	.	PUNCT
emaj-266	80	1	the	the	DET
emaj-266	80	2	existence	existence	NOUN
emaj-266	80	3	of	of	ADP
emaj-266	80	4	the	the	DET
emaj-266	80	5	unit	unit	NOUN
emaj-266	80	6	root	root	NOUN
emaj-266	80	7	in	in	ADP
emaj-266	80	8	the	the	DET
emaj-266	80	9	formation	formation	NOUN
emaj-266	80	10	processes	process	NOUN
emaj-266	80	11	of	of	ADP
emaj-266	80	12	the	the	DET
emaj-266	80	13	time	time	NOUN
emaj-266	80	14	series	series	NOUN
emaj-266	80	15	is	be	AUX
emaj-266	80	16	tested	test	VERB
emaj-266	80	17	under	under	ADP
emaj-266	80	18	the	the	DET
emaj-266	80	19	null	null	ADJ
emaj-266	80	20	hypothesis	hypothesis	NOUN
emaj-266	80	21	.	.	PUNCT
emaj-266	81	1	𝑌𝑡	𝑌𝑡	ADJ
emaj-266	81	2	=	=	PUNCT
emaj-266	81	3	𝜌𝑌𝑡−1	𝜌𝑌𝑡−1	PROPN
emaj-266	82	1	+	+	CCONJ
emaj-266	82	2	휀𝑡	휀𝑡	ADJ
emaj-266	82	3	(	(	PUNCT
emaj-266	82	4	1	1	NUM
emaj-266	82	5	)	)	PUNCT
emaj-266	82	6	since	since	SCONJ
emaj-266	82	7	the	the	DET
emaj-266	82	8	test	test	NOUN
emaj-266	82	9	statistic	statistic	NOUN
emaj-266	82	10	(	(	PUNCT
emaj-266	82	11	𝜏	𝜏	NOUN
emaj-266	82	12	=	=	SYM
emaj-266	82	13	�	�	PROPN
emaj-266	82	14	̂	̂	NOUN
emaj-266	82	15	�	�	NOUN
emaj-266	82	16	−1	−1	NOUN
emaj-266	82	17	𝑠𝑒(	𝑠𝑒(	NOUN
emaj-266	82	18	�	�	PROPN
emaj-266	82	19	̂	̂	NUM
emaj-266	82	20	�	�	NOUN
emaj-266	82	21	)	)	PUNCT
emaj-266	82	22	)	)	PUNCT
emaj-266	82	23	calculated	calculate	VERB
emaj-266	82	24	under	under	ADP
emaj-266	82	25	the	the	DET
emaj-266	82	26	first	first	ADJ
emaj-266	82	27	-	-	PUNCT
emaj-266	82	28	order	order	NOUN
emaj-266	82	29	autoregressive	autoregressive	ADJ
emaj-266	82	30	process	process	NOUN
emaj-266	82	31	h_0	h_0	PROPN
emaj-266	82	32	hypothesis	hypothesis	NOUN
emaj-266	82	33	(	(	PUNCT
emaj-266	82	34	𝐻0	𝐻0	PROPN
emaj-266	82	35	:	:	PUNCT
emaj-266	82	36	𝜌	𝜌	X
emaj-266	82	37	=	=	SYM
emaj-266	82	38	1	1	X
emaj-266	82	39	)	)	PUNCT
emaj-266	82	40	does	do	AUX
emaj-266	82	41	not	not	PART
emaj-266	82	42	fit	fit	VERB
emaj-266	82	43	the	the	DET
emaj-266	82	44	standard	standard	ADJ
emaj-266	82	45	tdistribution	tdistribution	NOUN
emaj-266	82	46	,	,	PUNCT
emaj-266	82	47	it	it	PRON
emaj-266	82	48	is	be	AUX
emaj-266	82	49	decided	decide	VERB
emaj-266	82	50	by	by	ADP
emaj-266	82	51	comparing	compare	VERB
emaj-266	82	52	it	it	PRON
emaj-266	82	53	with	with	ADP
emaj-266	82	54	the	the	DET
emaj-266	82	55	τ	τ	PROPN
emaj-266	82	56	table	table	NOUN
emaj-266	82	57	.	.	PUNCT
emaj-266	83	1	if	if	SCONJ
emaj-266	83	2	the	the	DET
emaj-266	83	3	test	test	NOUN
emaj-266	83	4	statistic	statistic	NOUN
emaj-266	83	5	is	be	AUX
emaj-266	83	6	less	less	ADJ
emaj-266	83	7	than	than	ADP
emaj-266	83	8	the	the	DET
emaj-266	83	9	critical	critical	ADJ
emaj-266	83	10	value	value	NOUN
emaj-266	83	11	,	,	PUNCT
emaj-266	83	12	the	the	DET
emaj-266	83	13	h0	h0	ADJ
emaj-266	83	14	hypothesis	hypothesis	NOUN
emaj-266	83	15	is	be	AUX
emaj-266	83	16	rejected	reject	VERB
emaj-266	83	17	.	.	PUNCT
emaj-266	84	1	the	the	DET
emaj-266	84	2	𝐻0	𝐻0	PROPN
emaj-266	84	3	hypothesis	hypothesis	NOUN
emaj-266	84	4	states	state	VERB
emaj-266	84	5	that	that	SCONJ
emaj-266	84	6	the	the	DET
emaj-266	84	7	studied	study	VERB
emaj-266	84	8	series	series	NOUN
emaj-266	84	9	are	be	AUX
emaj-266	84	10	stationary	stationary	ADJ
emaj-266	84	11	and	and	CCONJ
emaj-266	84	12	do	do	AUX
emaj-266	84	13	not	not	PART
emaj-266	84	14	contain	contain	VERB
emaj-266	84	15	a	a	DET
emaj-266	84	16	unit	unit	NOUN
emaj-266	84	17	root	root	NOUN
emaj-266	84	18	.	.	PUNCT
emaj-266	85	1	in	in	ADP
emaj-266	85	2	this	this	DET
emaj-266	85	3	test	test	NOUN
emaj-266	85	4	,	,	PUNCT
emaj-266	85	5	the	the	DET
emaj-266	85	6	least	least	ADJ
emaj-266	85	7	squares	square	NOUN
emaj-266	85	8	estimators	estimator	NOUN
emaj-266	85	9	lose	lose	VERB
emaj-266	85	10	their	their	PRON
emaj-266	85	11	efficiency	efficiency	NOUN
emaj-266	85	12	in	in	ADP
emaj-266	85	13	case	case	NOUN
emaj-266	85	14	of	of	ADP
emaj-266	85	15	autocorrelation	autocorrelation	NOUN
emaj-266	85	16	between	between	ADP
emaj-266	85	17	the	the	DET
emaj-266	85	18	error	error	NOUN
emaj-266	85	19	terms	term	NOUN
emaj-266	85	20	.	.	PUNCT
emaj-266	86	1	therefore	therefore	ADV
emaj-266	86	2	,	,	PUNCT
emaj-266	86	3	it	it	PRON
emaj-266	86	4	is	be	AUX
emaj-266	86	5	recommended	recommend	VERB
emaj-266	86	6	to	to	PART
emaj-266	86	7	use	use	VERB
emaj-266	86	8	the	the	DET
emaj-266	86	9	extended	extended	ADJ
emaj-266	86	10	dickey	dickey	NOUN
emaj-266	86	11	-	-	PUNCT
emaj-266	86	12	fuller	full	ADJ
emaj-266	86	13	test	test	NOUN
emaj-266	86	14	(	(	PUNCT
emaj-266	86	15	adf	adf	NOUN
emaj-266	86	16	)	)	PUNCT
emaj-266	86	17	in	in	ADP
emaj-266	86	18	this	this	DET
emaj-266	86	19	case	case	NOUN
emaj-266	86	20	.	.	PUNCT
emaj-266	87	1	∆𝑌𝑡	∆𝑌𝑡	PROPN
emaj-266	87	2	=	=	PUNCT
emaj-266	87	3	𝜌𝑌𝑡−1	𝜌𝑌𝑡−1	NOUN
emaj-266	88	1	+	+	CCONJ
emaj-266	88	2	∑	∑	PUNCT
emaj-266	88	3	𝛽𝑖∆𝑌𝑡−𝑖	𝛽𝑖∆𝑌𝑡−𝑖	PROPN
emaj-266	88	4	𝑘	𝑘	PROPN
emaj-266	88	5	𝑖=1	𝑖=1	PUNCT
emaj-266	88	6	휀𝑡	휀𝑡	X
emaj-266	88	7	(	(	PUNCT
emaj-266	88	8	2	2	NUM
emaj-266	88	9	)	)	PUNCT
emaj-266	88	10	the	the	DET
emaj-266	88	11	decision	decision	NOUN
emaj-266	88	12	stage	stage	NOUN
emaj-266	88	13	proceeds	proceed	NOUN
emaj-266	88	14	in	in	ADP
emaj-266	88	15	the	the	DET
emaj-266	88	16	adf	adf	NOUN
emaj-266	88	17	test	test	NOUN
emaj-266	88	18	as	as	ADP
emaj-266	88	19	in	in	ADP
emaj-266	88	20	the	the	DET
emaj-266	88	21	df	df	PROPN
emaj-266	88	22	test	test	NOUN
emaj-266	88	23	.	.	PUNCT
emaj-266	89	1	various	various	ADJ
emaj-266	89	2	information	information	NOUN
emaj-266	89	3	criteria	criterion	NOUN
emaj-266	89	4	are	be	AUX
emaj-266	89	5	used	use	VERB
emaj-266	89	6	to	to	PART
emaj-266	89	7	volume	volume	VERB
emaj-266	89	8	12	12	NUM
emaj-266	89	9	no	no	DET
emaj-266	89	10	2	2	NUM
emaj-266	89	11	(	(	PUNCT
emaj-266	89	12	2022	2022	NUM
emaj-266	89	13	)	)	PUNCT
emaj-266	89	14	|	|	ADV
emaj-266	89	15	issn	issn	VERB
emaj-266	89	16	2158	2158	NUM
emaj-266	89	17	-	-	SYM
emaj-266	89	18	8708	8708	NUM
emaj-266	89	19	(	(	PUNCT
emaj-266	89	20	online	online	NOUN
emaj-266	89	21	)	)	PUNCT
emaj-266	89	22	|	|	ADV
emaj-266	89	23	doi	doi	X
emaj-266	89	24	10.5195	10.5195	NUM
emaj-266	89	25	/	/	SYM
emaj-266	89	26	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	89	27	|	|	ADV
emaj-266	89	28	http://emaj.pitt.edu	http://emaj.pitt.edu	PROPN
emaj-266	89	29	melih	melih	PROPN
emaj-266	89	30	sefa	sefa	PROPN
emaj-266	89	31	yavuz	yavuz	PROPN
emaj-266	89	32	,	,	PUNCT
emaj-266	89	33	gözde	gözde	PROPN
emaj-266	89	34	bozkurt	bozkurt	PROPN
emaj-266	89	35	,	,	PUNCT
emaj-266	89	36	semra	semra	NOUN
emaj-266	89	37	boğa	boğa	ADJ
emaj-266	89	38	emerging	emerge	VERB
emaj-266	89	39	markets	market	NOUN
emaj-266	89	40	journal	journal	NOUN
emaj-266	89	41	|	|	ADV
emaj-266	89	42	p	p	NOUN
emaj-266	89	43	a	a	DET
emaj-266	89	44	g	g	NOUN
emaj-266	89	45	e	e	NOUN
emaj-266	89	46	3	3	NUM
emaj-266	89	47	9	9	NUM
emaj-266	89	48	determine	determine	VERB
emaj-266	89	49	the	the	DET
emaj-266	89	50	optimum	optimum	ADJ
emaj-266	89	51	number	number	NOUN
emaj-266	89	52	of	of	ADP
emaj-266	89	53	delays	delay	NOUN
emaj-266	89	54	to	to	PART
emaj-266	89	55	be	be	AUX
emaj-266	89	56	included	include	VERB
emaj-266	89	57	in	in	ADP
emaj-266	89	58	the	the	DET
emaj-266	89	59	equation	equation	NOUN
emaj-266	89	60	(	(	PUNCT
emaj-266	89	61	dickey	dickey	NOUN
emaj-266	89	62	and	and	CCONJ
emaj-266	89	63	fuller	full	ADJ
emaj-266	89	64	,	,	PUNCT
emaj-266	89	65	1979	1979	NUM
emaj-266	89	66	)	)	PUNCT
emaj-266	89	67	.	.	PUNCT
emaj-266	90	1	pp(1988	pp(1988	NOUN
emaj-266	90	2	)	)	PUNCT
emaj-266	90	3	test	test	NOUN
emaj-266	90	4	in	in	ADP
emaj-266	90	5	this	this	DET
emaj-266	90	6	test	test	NOUN
emaj-266	90	7	,	,	PUNCT
emaj-266	90	8	which	which	PRON
emaj-266	90	9	uses	use	VERB
emaj-266	90	10	non	non	ADJ
emaj-266	90	11	-	-	ADJ
emaj-266	90	12	parametric	parametric	ADJ
emaj-266	90	13	statistical	statistical	ADJ
emaj-266	90	14	methods	method	NOUN
emaj-266	90	15	without	without	ADP
emaj-266	90	16	adding	add	VERB
emaj-266	90	17	the	the	DET
emaj-266	90	18	autocorrelation	autocorrelation	NOUN
emaj-266	90	19	delayed	delay	VERB
emaj-266	90	20	values	value	NOUN
emaj-266	90	21	in	in	ADP
emaj-266	90	22	the	the	DET
emaj-266	90	23	error	error	NOUN
emaj-266	90	24	term	term	NOUN
emaj-266	90	25	,	,	PUNCT
emaj-266	90	26	new	new	ADJ
emaj-266	90	27	assumptions	assumption	NOUN
emaj-266	90	28	are	be	AUX
emaj-266	90	29	added	add	VERB
emaj-266	90	30	to	to	ADP
emaj-266	90	31	the	the	DET
emaj-266	90	32	error	error	NOUN
emaj-266	90	33	term	term	NOUN
emaj-266	90	34	.	.	PUNCT
emaj-266	91	1	with	with	ADP
emaj-266	91	2	the	the	DET
emaj-266	91	3	addition	addition	NOUN
emaj-266	91	4	of	of	ADP
emaj-266	91	5	constant	constant	ADJ
emaj-266	91	6	or	or	CCONJ
emaj-266	91	7	constant	constant	ADJ
emaj-266	91	8	and	and	CCONJ
emaj-266	91	9	deterministic	deterministic	ADJ
emaj-266	91	10	components	component	NOUN
emaj-266	91	11	(	(	PUNCT
emaj-266	91	12	𝑋𝑡	𝑋𝑡	NOUN
emaj-266	91	13	)	)	PUNCT
emaj-266	91	14	that	that	PRON
emaj-266	91	15	express	express	VERB
emaj-266	91	16	the	the	DET
emaj-266	91	17	trend	trend	NOUN
emaj-266	91	18	,	,	PUNCT
emaj-266	91	19	it	it	PRON
emaj-266	91	20	expresses	express	VERB
emaj-266	91	21	𝛼	𝛼	NOUN
emaj-266	91	22	=	=	NOUN
emaj-266	91	23	𝜌	𝜌	X
emaj-266	91	24	−	−	NOUN
emaj-266	91	25	1	1	NUM
emaj-266	91	26	.	.	PUNCT
emaj-266	92	1	∆𝑌𝑡	∆𝑌𝑡	PROPN
emaj-266	92	2	=	=	PUNCT
emaj-266	92	3	𝛼𝑌𝑡−1	𝛼𝑌𝑡−1	NOUN
emaj-266	92	4	+	+	CCONJ
emaj-266	92	5	𝑋𝑡	𝑋𝑡	PROPN
emaj-266	92	6	′𝛿	′𝛿	PROPN
emaj-266	92	7	+	+	CCONJ
emaj-266	92	8	휀𝑡	휀𝑡	PROPN
emaj-266	92	9	(	(	PUNCT
emaj-266	92	10	3	3	NUM
emaj-266	92	11	)	)	PUNCT
emaj-266	92	12	test	test	NOUN
emaj-266	92	13	statistic	statistic	NOUN
emaj-266	92	14	obtained	obtain	VERB
emaj-266	92	15	as	as	ADP
emaj-266	92	16	a	a	DET
emaj-266	92	17	result	result	NOUN
emaj-266	92	18	of	of	ADP
emaj-266	92	19	nonparametric	nonparametric	NOUN
emaj-266	92	20	corrections	correction	NOUN
emaj-266	92	21	(	(	PUNCT
emaj-266	92	22	�	�	NOUN
emaj-266	92	23	̂	̂	NOUN
emaj-266	92	24	�	�	NOUN
emaj-266	92	25	𝛼	𝛼	NOUN
emaj-266	92	26	=	=	SYM
emaj-266	92	27	𝑡𝛼	𝑡𝛼	PROPN
emaj-266	92	28	(	(	PUNCT
emaj-266	92	29	𝛾0	𝛾0	PROPN
emaj-266	92	30	𝑓0	𝑓0	PROPN
emaj-266	92	31	)	)	PUNCT
emaj-266	92	32	−1/2	−1/2	VERB
emaj-266	92	33	−	−	PUNCT
emaj-266	92	34	𝑇(𝑓0−𝛾0)(𝑠𝑒(	𝑇(𝑓0−𝛾0)(𝑠𝑒(	PROPN
emaj-266	92	35	�	�	PROPN
emaj-266	92	36	̂	̂	NUM
emaj-266	92	37	�	�	NOUN
emaj-266	92	38	)	)	PUNCT
emaj-266	92	39	)	)	PUNCT
emaj-266	93	1	𝛼𝑓0	𝛼𝑓0	NOUN
emaj-266	93	2	1/2	1/2	NUM
emaj-266	93	3	𝑠	𝑠	NOUN
emaj-266	93	4	)	)	PUNCT
emaj-266	93	5	tests	test	VERB
emaj-266	93	6	the	the	DET
emaj-266	93	7	existence	existence	NOUN
emaj-266	93	8	of	of	ADP
emaj-266	93	9	unit	unit	NOUN
emaj-266	93	10	root	root	NOUN
emaj-266	93	11	(	(	PUNCT
emaj-266	93	12	𝐻0	𝐻0	PROPN
emaj-266	93	13	:	:	PUNCT
emaj-266	93	14	𝛼	𝛼	X
emaj-266	93	15	=	=	NOUN
emaj-266	93	16	0	0	NUM
emaj-266	93	17	)	)	PUNCT
emaj-266	93	18	under	under	ADP
emaj-266	93	19	the	the	DET
emaj-266	93	20	𝐻0	𝐻0	PROPN
emaj-266	93	21	hypothesis	hypothesis	NOUN
emaj-266	93	22	by	by	ADP
emaj-266	93	23	comparing	compare	VERB
emaj-266	93	24	it	it	PRON
emaj-266	93	25	with	with	ADP
emaj-266	93	26	mackinnon	mackinnon	PROPN
emaj-266	93	27	critical	critical	ADJ
emaj-266	93	28	values	value	NOUN
emaj-266	93	29	.	.	PUNCT
emaj-266	94	1	the	the	DET
emaj-266	94	2	𝑓0	𝑓0	PROPN
emaj-266	94	3	estimation	estimation	NOUN
emaj-266	94	4	can	can	AUX
emaj-266	94	5	be	be	AUX
emaj-266	94	6	made	make	VERB
emaj-266	94	7	with	with	ADP
emaj-266	94	8	the	the	DET
emaj-266	94	9	ar	ar	PROPN
emaj-266	94	10	spectral	spectral	PROPN
emaj-266	94	11	density	density	PROPN
emaj-266	94	12	estimation	estimation	NOUN
emaj-266	94	13	method	method	NOUN
emaj-266	94	14	(	(	PUNCT
emaj-266	94	15	phillips	phillips	PROPN
emaj-266	94	16	&	&	CCONJ
emaj-266	94	17	perron	perron	PROPN
emaj-266	94	18	,	,	PUNCT
emaj-266	94	19	1988	1988	NUM
emaj-266	94	20	)	)	PUNCT
emaj-266	94	21	.	.	PUNCT
emaj-266	95	1	johansen	johansen	PROPN
emaj-266	95	2	cointegration	cointegration	PROPN
emaj-266	95	3	test	test	NOUN
emaj-266	95	4	tests	test	NOUN
emaj-266	95	5	are	be	AUX
emaj-266	95	6	divided	divide	VERB
emaj-266	95	7	into	into	ADP
emaj-266	95	8	two	two	NUM
emaj-266	95	9	to	to	PART
emaj-266	95	10	test	test	VERB
emaj-266	95	11	whether	whether	SCONJ
emaj-266	95	12	there	there	PRON
emaj-266	95	13	is	be	VERB
emaj-266	95	14	a	a	DET
emaj-266	95	15	cointegration	cointegration	NOUN
emaj-266	95	16	relationship	relationship	NOUN
emaj-266	95	17	between	between	ADP
emaj-266	95	18	time	time	NOUN
emaj-266	95	19	series	series	PROPN
emaj-266	95	20	variables	variable	NOUN
emaj-266	95	21	.	.	PUNCT
emaj-266	96	1	first	first	ADV
emaj-266	96	2	,	,	PUNCT
emaj-266	96	3	we	we	PRON
emaj-266	96	4	proceed	proceed	VERB
emaj-266	96	5	over	over	ADP
emaj-266	96	6	the	the	DET
emaj-266	96	7	residuals	residual	NOUN
emaj-266	96	8	obtained	obtain	VERB
emaj-266	96	9	from	from	ADP
emaj-266	96	10	the	the	DET
emaj-266	96	11	cointegration	cointegration	NOUN
emaj-266	96	12	regression	regression	NOUN
emaj-266	96	13	equation	equation	NOUN
emaj-266	96	14	.	.	PUNCT
emaj-266	97	1	the	the	DET
emaj-266	97	2	second	second	ADJ
emaj-266	97	3	is	be	AUX
emaj-266	97	4	testing	test	VERB
emaj-266	97	5	based	base	VERB
emaj-266	97	6	on	on	ADP
emaj-266	97	7	vector	vector	NOUN
emaj-266	97	8	autoregression	autoregression	NOUN
emaj-266	97	9	.	.	PUNCT
emaj-266	98	1	johansen	johansen	PROPN
emaj-266	98	2	's	's	PART
emaj-266	98	3	cointegration	cointegration	NOUN
emaj-266	98	4	method	method	NOUN
emaj-266	98	5	(	(	PUNCT
emaj-266	98	6	1988	1988	NUM
emaj-266	98	7	)	)	PUNCT
emaj-266	98	8	is	be	AUX
emaj-266	98	9	based	base	VERB
emaj-266	98	10	on	on	ADP
emaj-266	98	11	vector	vector	NOUN
emaj-266	98	12	autoregression	autoregression	NOUN
emaj-266	98	13	and	and	CCONJ
emaj-266	98	14	it	it	PRON
emaj-266	98	15	is	be	AUX
emaj-266	98	16	superior	superior	ADJ
emaj-266	98	17	to	to	ADP
emaj-266	98	18	residue	residue	NOUN
emaj-266	98	19	-	-	PUNCT
emaj-266	98	20	based	base	VERB
emaj-266	98	21	tests	test	NOUN
emaj-266	98	22	(	(	PUNCT
emaj-266	98	23	baharumshah	baharumshah	NOUN
emaj-266	98	24	and	and	CCONJ
emaj-266	98	25	rashid	rashid	PROPN
emaj-266	98	26	,	,	PUNCT
emaj-266	98	27	1999	1999	NUM
emaj-266	98	28	)	)	PUNCT
emaj-266	98	29	since	since	SCONJ
emaj-266	98	30	it	it	PRON
emaj-266	98	31	allows	allow	VERB
emaj-266	98	32	the	the	DET
emaj-266	98	33	estimation	estimation	NOUN
emaj-266	98	34	of	of	ADP
emaj-266	98	35	more	more	ADJ
emaj-266	98	36	than	than	ADP
emaj-266	98	37	one	one	NUM
emaj-266	98	38	cointegrating	cointegrate	VERB
emaj-266	98	39	vector	vector	NOUN
emaj-266	98	40	and	and	CCONJ
emaj-266	98	41	does	do	AUX
emaj-266	98	42	not	not	PART
emaj-266	98	43	look	look	VERB
emaj-266	98	44	for	for	ADP
emaj-266	98	45	the	the	DET
emaj-266	98	46	weak	weak	ADJ
emaj-266	98	47	externality	externality	NOUN
emaj-266	98	48	condition	condition	NOUN
emaj-266	98	49	of	of	ADP
emaj-266	98	50	the	the	DET
emaj-266	98	51	variables	variable	NOUN
emaj-266	98	52	.	.	PUNCT
emaj-266	99	1	at	at	ADP
emaj-266	99	2	the	the	DET
emaj-266	99	3	same	same	ADJ
emaj-266	99	4	time	time	NOUN
emaj-266	99	5	,	,	PUNCT
emaj-266	99	6	all	all	DET
emaj-266	99	7	examined	examine	VERB
emaj-266	99	8	variables	variable	NOUN
emaj-266	99	9	are	be	AUX
emaj-266	99	10	accepted	accept	VERB
emaj-266	99	11	as	as	ADP
emaj-266	99	12	endogenous	endogenous	ADJ
emaj-266	99	13	and	and	CCONJ
emaj-266	99	14	resistant	resistant	ADJ
emaj-266	99	15	to	to	ADP
emaj-266	99	16	estimation	estimation	NOUN
emaj-266	99	17	deviations	deviation	NOUN
emaj-266	99	18	(	(	PUNCT
emaj-266	99	19	song	song	NOUN
emaj-266	99	20	and	and	CCONJ
emaj-266	99	21	witt	witt	ADJ
emaj-266	99	22	,	,	PUNCT
emaj-266	99	23	2000	2000	NUM
emaj-266	99	24	;	;	PUNCT
emaj-266	99	25	önel	önel	NOUN
emaj-266	99	26	,	,	PUNCT
emaj-266	99	27	2004	2004	NUM
emaj-266	99	28	)	)	PUNCT
emaj-266	99	29	.	.	PUNCT
emaj-266	100	1	in	in	ADP
emaj-266	100	2	order	order	NOUN
emaj-266	100	3	to	to	PART
emaj-266	100	4	use	use	VERB
emaj-266	100	5	the	the	DET
emaj-266	100	6	johansen	johansen	PROPN
emaj-266	100	7	cointegration	cointegration	PROPN
emaj-266	100	8	test	test	NOUN
emaj-266	100	9	,	,	PUNCT
emaj-266	100	10	the	the	DET
emaj-266	100	11	time	time	NOUN
emaj-266	100	12	series	series	PROPN
emaj-266	100	13	must	must	AUX
emaj-266	100	14	be	be	AUX
emaj-266	100	15	stationary	stationary	ADJ
emaj-266	100	16	at	at	ADP
emaj-266	100	17	the	the	DET
emaj-266	100	18	first	first	ADJ
emaj-266	100	19	difference	difference	NOUN
emaj-266	100	20	.	.	PUNCT
emaj-266	101	1	𝑋𝑡	𝑋𝑡	NOUN
emaj-266	101	2	=	=	SYM
emaj-266	101	3	𝑏1	𝑏1	NOUN
emaj-266	101	4	+	+	CCONJ
emaj-266	101	5	𝑏2𝑌𝑡	𝑏2𝑌𝑡	X
emaj-266	101	6	+	+	CCONJ
emaj-266	101	7	𝜇𝑡	𝜇𝑡	X
emaj-266	101	8	(	(	PUNCT
emaj-266	101	9	4	4	NUM
emaj-266	101	10	)	)	PUNCT
emaj-266	101	11	𝜇𝑡	𝜇𝑡	NOUN
emaj-266	101	12	=	=	PUNCT
emaj-266	102	1	𝑋𝑡	𝑋𝑡	PROPN
emaj-266	102	2	−	−	PROPN
emaj-266	102	3	𝑏1	𝑏1	ADJ
emaj-266	102	4	−	−	NOUN
emaj-266	102	5	𝑏2𝑌𝑡	𝑏2𝑌𝑡	NOUN
emaj-266	102	6	(	(	PUNCT
emaj-266	102	7	5	5	NUM
emaj-266	102	8	)	)	PUNCT
emaj-266	102	9	in	in	ADP
emaj-266	102	10	the	the	DET
emaj-266	102	11	cointegration	cointegration	NOUN
emaj-266	102	12	analysis	analysis	NOUN
emaj-266	102	13	,	,	PUNCT
emaj-266	102	14	if	if	SCONJ
emaj-266	102	15	two	two	NUM
emaj-266	102	16	variables	variable	NOUN
emaj-266	102	17	,	,	PUNCT
emaj-266	102	18	such	such	ADJ
emaj-266	102	19	as	as	ADP
emaj-266	102	20	𝑋𝑡	𝑋𝑡	PROPN
emaj-266	102	21	and	and	CCONJ
emaj-266	102	22	𝑌𝑡	𝑌𝑡	PROPN
emaj-266	102	23	,	,	PUNCT
emaj-266	102	24	that	that	PRON
emaj-266	102	25	are	be	AUX
emaj-266	102	26	not	not	PART
emaj-266	102	27	stationary	stationary	ADJ
emaj-266	102	28	at	at	ADP
emaj-266	102	29	level	level	NOUN
emaj-266	102	30	(	(	PUNCT
emaj-266	102	31	𝐼(0	𝐼(0	NOUN
emaj-266	102	32	)	)	PUNCT
emaj-266	102	33	)	)	PUNCT
emaj-266	102	34	are	be	AUX
emaj-266	102	35	stationary	stationary	ADJ
emaj-266	102	36	at	at	ADP
emaj-266	102	37	any	any	DET
emaj-266	102	38	𝐼(𝑑	𝐼(𝑑	NOUN
emaj-266	102	39	)	)	PUNCT
emaj-266	102	40	point	point	NOUN
emaj-266	102	41	,	,	PUNCT
emaj-266	102	42	their	their	PRON
emaj-266	102	43	linear	linear	ADJ
emaj-266	102	44	combination	combination	NOUN
emaj-266	102	45	can	can	AUX
emaj-266	102	46	be	be	AUX
emaj-266	102	47	stationary	stationary	ADJ
emaj-266	102	48	(	(	PUNCT
emaj-266	102	49	gujarati	gujarati	PROPN
emaj-266	102	50	,	,	PUNCT
emaj-266	102	51	2009:726	2009:726	NUM
emaj-266	102	52	)	)	PUNCT
emaj-266	102	53	.	.	PUNCT
emaj-266	103	1	granger	granger	PROPN
emaj-266	103	2	causality	causality	PROPN
emaj-266	103	3	test	test	NOUN
emaj-266	103	4	in	in	ADP
emaj-266	103	5	the	the	DET
emaj-266	103	6	test	test	NOUN
emaj-266	103	7	in	in	ADP
emaj-266	103	8	which	which	PRON
emaj-266	103	9	the	the	DET
emaj-266	103	10	definition	definition	NOUN
emaj-266	103	11	of	of	ADP
emaj-266	103	12	"	"	PUNCT
emaj-266	103	13	if	if	SCONJ
emaj-266	103	14	the	the	DET
emaj-266	103	15	prediction	prediction	NOUN
emaj-266	103	16	of	of	ADP
emaj-266	103	17	variable	variable	ADJ
emaj-266	103	18	y	y	PROPN
emaj-266	103	19	is	be	AUX
emaj-266	103	20	more	more	ADV
emaj-266	103	21	successful	successful	ADJ
emaj-266	103	22	when	when	SCONJ
emaj-266	103	23	the	the	DET
emaj-266	103	24	past	past	ADJ
emaj-266	103	25	values	value	NOUN
emaj-266	103	26	of	of	ADP
emaj-266	103	27	x	x	SYM
emaj-266	103	28	are	be	AUX
emaj-266	103	29	used	use	VERB
emaj-266	103	30	than	than	ADP
emaj-266	103	31	when	when	SCONJ
emaj-266	103	32	the	the	DET
emaj-266	103	33	past	past	ADJ
emaj-266	103	34	values	value	NOUN
emaj-266	103	35	of	of	ADP
emaj-266	103	36	x	x	SYM
emaj-266	103	37	are	be	AUX
emaj-266	103	38	not	not	PART
emaj-266	103	39	used	use	VERB
emaj-266	103	40	,	,	PUNCT
emaj-266	103	41	then	then	ADV
emaj-266	103	42	x	x	PUNCT
emaj-266	103	43	is	be	AUX
emaj-266	103	44	the	the	DET
emaj-266	103	45	granger	granger	PROPN
emaj-266	103	46	cause	cause	NOUN
emaj-266	103	47	of	of	ADP
emaj-266	103	48	y	y	PROPN
emaj-266	103	49	"	"	PUNCT
emaj-266	103	50	is	be	AUX
emaj-266	103	51	tested	test	VERB
emaj-266	103	52	,	,	PUNCT
emaj-266	103	53	causality	causality	NOUN
emaj-266	103	54	inference	inference	NOUN
emaj-266	103	55	is	be	AUX
emaj-266	103	56	made	make	VERB
emaj-266	103	57	,	,	PUNCT
emaj-266	103	58	not	not	PART
emaj-266	103	59	prediction	prediction	NOUN
emaj-266	103	60	.	.	PUNCT
emaj-266	104	1	therefore	therefore	ADV
emaj-266	104	2	,	,	PUNCT
emaj-266	104	3	the	the	DET
emaj-266	104	4	variables	variable	NOUN
emaj-266	104	5	should	should	AUX
emaj-266	104	6	be	be	AUX
emaj-266	104	7	stationary	stationary	ADJ
emaj-266	104	8	beforehand	beforehand	ADV
emaj-266	104	9	.	.	PUNCT
emaj-266	105	1	the	the	DET
emaj-266	105	2	causality	causality	NOUN
emaj-266	105	3	test	test	NOUN
emaj-266	105	4	examines	examine	VERB
emaj-266	105	5	the	the	DET
emaj-266	105	6	direction	direction	NOUN
emaj-266	105	7	of	of	ADP
emaj-266	105	8	this	this	DET
emaj-266	105	9	relationship	relationship	NOUN
emaj-266	105	10	if	if	SCONJ
emaj-266	105	11	there	there	PRON
emaj-266	105	12	is	be	VERB
emaj-266	105	13	a	a	DET
emaj-266	105	14	relationship	relationship	NOUN
emaj-266	105	15	between	between	ADP
emaj-266	105	16	two	two	NUM
emaj-266	105	17	variables	variable	NOUN
emaj-266	105	18	(	(	PUNCT
emaj-266	105	19	granger	granger	NOUN
emaj-266	105	20	,	,	PUNCT
emaj-266	105	21	1988:554	1988:554	NUM
emaj-266	105	22	)	)	PUNCT
emaj-266	105	23	.	.	PUNCT
emaj-266	106	1	𝑌𝑡	𝑌𝑡	PROPN
emaj-266	106	2	=	=	PUNCT
emaj-266	106	3	∑	∑	PUNCT
emaj-266	106	4	𝑐𝑗𝑋𝑡−𝑗	𝑐𝑗𝑋𝑡−𝑗	NOUN
emaj-266	106	5	+	+	CCONJ
emaj-266	106	6	∑	∑	PROPN
emaj-266	106	7	𝑑𝑗𝑌𝑡−𝑗	𝑑𝑗𝑌𝑡−𝑗	PROPN
emaj-266	106	8	+	+	PROPN
emaj-266	106	9	휀1𝑡	휀1𝑡	PROPN
emaj-266	106	10	𝑚	𝑚	X
emaj-266	106	11	𝑗=1	𝑗=1	PROPN
emaj-266	106	12	𝑚	𝑚	PROPN
emaj-266	106	13	𝑗=1	𝑗=1	PROPN
emaj-266	106	14	(	(	PUNCT
emaj-266	106	15	6	6	X
emaj-266	106	16	)	)	PUNCT
emaj-266	107	1	𝑋𝑡	𝑋𝑡	NOUN
emaj-266	107	2	=	=	PUNCT
emaj-266	107	3	∑	∑	PUNCT
emaj-266	107	4	𝛼𝑗𝑌𝑡−𝑗	𝛼𝑗𝑌𝑡−𝑗	NOUN
emaj-266	107	5	+	+	CCONJ
emaj-266	107	6	∑	∑	PROPN
emaj-266	107	7	𝛽𝑗𝑋𝑡−𝑗	𝛽𝑗𝑋𝑡−𝑗	NOUN
emaj-266	107	8	+	+	CCONJ
emaj-266	107	9	휀2𝑡	휀2𝑡	ADP
emaj-266	107	10	𝑚	𝑚	X
emaj-266	107	11	𝑗=1	𝑗=1	X
emaj-266	107	12	𝑚	𝑚	NOUN
emaj-266	107	13	𝑗=1	𝑗=1	PROPN
emaj-266	107	14	(	(	PUNCT
emaj-266	107	15	7	7	X
emaj-266	107	16	)	)	PUNCT
emaj-266	107	17	here	here	ADV
emaj-266	107	18	,	,	PUNCT
emaj-266	107	19	𝑚	𝑚	PROPN
emaj-266	107	20	represents	represent	VERB
emaj-266	107	21	the	the	DET
emaj-266	107	22	delay	delay	NOUN
emaj-266	107	23	length	length	NOUN
emaj-266	107	24	and	and	CCONJ
emaj-266	107	25	the	the	DET
emaj-266	107	26	error	error	NOUN
emaj-266	107	27	terms	term	NOUN
emaj-266	107	28	휀1𝑡	휀1𝑡	PROPN
emaj-266	107	29	and	and	CCONJ
emaj-266	107	30	휀2𝑡	휀2𝑡	PROPN
emaj-266	107	31	are	be	AUX
emaj-266	107	32	independent	independent	ADJ
emaj-266	107	33	of	of	ADP
emaj-266	107	34	each	each	DET
emaj-266	107	35	other	other	ADJ
emaj-266	107	36	(	(	PUNCT
emaj-266	107	37	white	white	ADJ
emaj-266	107	38	noise	noise	NOUN
emaj-266	107	39	)	)	PUNCT
emaj-266	107	40	.	.	PUNCT
emaj-266	108	1	the	the	DET
emaj-266	108	2	causality	causality	NOUN
emaj-266	108	3	relationship	relationship	NOUN
emaj-266	108	4	from	from	ADP
emaj-266	108	5	x	x	PUNCT
emaj-266	108	6	to	to	ADP
emaj-266	108	7	y	y	PROPN
emaj-266	108	8	in	in	ADP
emaj-266	108	9	equation	equation	NOUN
emaj-266	108	10	6	6	NUM
emaj-266	108	11	and	and	CCONJ
emaj-266	108	12	from	from	ADP
emaj-266	108	13	y	y	PRON
emaj-266	108	14	to	to	ADP
emaj-266	108	15	x	x	PUNCT
emaj-266	108	16	in	in	SCONJ
emaj-266	108	17	equation	equation	NOUN
emaj-266	108	18	7	7	NUM
emaj-266	108	19	is	be	AUX
emaj-266	108	20	examined	examine	VERB
emaj-266	108	21	.	.	PUNCT
emaj-266	109	1	in	in	ADP
emaj-266	109	2	the	the	DET
emaj-266	109	3	granger	granger	PROPN
emaj-266	109	4	causality	causality	NOUN
emaj-266	109	5	analysis	analysis	NOUN
emaj-266	109	6	,	,	PUNCT
emaj-266	109	7	which	which	PRON
emaj-266	109	8	is	be	AUX
emaj-266	109	9	performed	perform	VERB
emaj-266	109	10	by	by	ADP
emaj-266	109	11	determining	determine	VERB
emaj-266	109	12	the	the	DET
emaj-266	109	13	optimal	optimal	ADJ
emaj-266	109	14	lag	lag	NOUN
emaj-266	109	15	length	length	NOUN
emaj-266	109	16	with	with	ADP
emaj-266	109	17	the	the	DET
emaj-266	109	18	help	help	NOUN
emaj-266	109	19	of	of	ADP
emaj-266	109	20	information	information	NOUN
emaj-266	109	21	criteria	criterion	NOUN
emaj-266	109	22	,	,	PUNCT
emaj-266	109	23	the	the	DET
emaj-266	109	24	sum	sum	NOUN
emaj-266	109	25	of	of	ADP
emaj-266	109	26	the	the	DET
emaj-266	109	27	error	error	NOUN
emaj-266	109	28	squares	square	NOUN
emaj-266	109	29	of	of	ADP
emaj-266	109	30	the	the	DET
emaj-266	109	31	models	model	NOUN
emaj-266	109	32	is	be	AUX
emaj-266	109	33	obtained	obtain	VERB
emaj-266	109	34	after	after	SCONJ
emaj-266	109	35	the	the	DET
emaj-266	109	36	models	model	NOUN
emaj-266	109	37	are	be	AUX
emaj-266	109	38	estimated	estimate	VERB
emaj-266	109	39	.	.	PUNCT
emaj-266	110	1	afterward	afterward	ADV
emaj-266	110	2	,	,	PUNCT
emaj-266	110	3	the	the	DET
emaj-266	110	4	f	f	NOUN
emaj-266	110	5	-	-	PUNCT
emaj-266	110	6	statistic	statistic	NOUN
emaj-266	110	7	developed	develop	VERB
emaj-266	110	8	by	by	ADP
emaj-266	110	9	wald	wald	PROPN
emaj-266	110	10	is	be	AUX
emaj-266	110	11	calculated	calculate	VERB
emaj-266	110	12	.	.	PUNCT
emaj-266	111	1	however	however	ADV
emaj-266	111	2	,	,	PUNCT
emaj-266	111	3	if	if	SCONJ
emaj-266	111	4	there	there	PRON
emaj-266	111	5	are	be	VERB
emaj-266	111	6	more	more	ADJ
emaj-266	111	7	than	than	ADP
emaj-266	111	8	two	two	NUM
emaj-266	111	9	variables	variable	NOUN
emaj-266	111	10	,	,	PUNCT
emaj-266	111	11	it	it	PRON
emaj-266	111	12	is	be	AUX
emaj-266	111	13	possible	possible	ADJ
emaj-266	111	14	to	to	PART
emaj-266	111	15	examine	examine	VERB
emaj-266	111	16	the	the	DET
emaj-266	111	17	extent	extent	NOUN
emaj-266	111	18	of	of	ADP
emaj-266	111	19	the	the	DET
emaj-266	111	20	relationship	relationship	NOUN
emaj-266	111	21	between	between	ADP
emaj-266	111	22	them	they	PRON
emaj-266	111	23	by	by	ADP
emaj-266	111	24	applying	apply	VERB
emaj-266	111	25	the	the	DET
emaj-266	111	26	blok	blok	NOUN
emaj-266	111	27	granger	granger	PROPN
emaj-266	111	28	causality	causality	PROPN
emaj-266	111	29	test	test	NOUN
emaj-266	111	30	.	.	PUNCT
emaj-266	112	1	employing	employ	VERB
emaj-266	112	2	the	the	DET
emaj-266	112	3	block	block	NOUN
emaj-266	112	4	granger	granger	PROPN
emaj-266	112	5	causality	causality	PROPN
emaj-266	112	6	test	test	NOUN
emaj-266	112	7	,	,	PUNCT
emaj-266	112	8	it	it	PRON
emaj-266	112	9	is	be	AUX
emaj-266	112	10	possible	possible	ADJ
emaj-266	112	11	to	to	PART
emaj-266	112	12	examine	examine	VERB
emaj-266	112	13	whether	whether	SCONJ
emaj-266	112	14	a	a	DET
emaj-266	112	15	lagged	lag	VERB
emaj-266	112	16	variable	variable	NOUN
emaj-266	112	17	is	be	AUX
emaj-266	112	18	the	the	DET
emaj-266	112	19	granger	granger	PROPN
emaj-266	112	20	cause	cause	NOUN
emaj-266	112	21	of	of	ADP
emaj-266	112	22	other	other	ADJ
emaj-266	112	23	variables	variable	NOUN
emaj-266	112	24	in	in	ADP
emaj-266	112	25	the	the	DET
emaj-266	112	26	system	system	NOUN
emaj-266	112	27	.	.	PUNCT
emaj-266	113	1	iii	iii	X
emaj-266	113	2	.	.	PUNCT
emaj-266	114	1	empirical	empirical	ADJ
emaj-266	114	2	analysis	analysis	NOUN
emaj-266	114	3	the	the	DET
emaj-266	114	4	analyses	analysis	NOUN
emaj-266	114	5	were	be	AUX
emaj-266	114	6	carried	carry	VERB
emaj-266	114	7	out	out	ADP
emaj-266	114	8	through	through	ADP
emaj-266	114	9	the	the	DET
emaj-266	114	10	eviews	eviews	PROPN
emaj-266	114	11	program	program	NOUN
emaj-266	114	12	.	.	PUNCT
emaj-266	115	1	the	the	DET
emaj-266	115	2	definitions	definition	NOUN
emaj-266	115	3	and	and	CCONJ
emaj-266	115	4	abbreviations	abbreviation	NOUN
emaj-266	115	5	of	of	ADP
emaj-266	115	6	the	the	DET
emaj-266	115	7	variables	variable	NOUN
emaj-266	115	8	used	use	VERB
emaj-266	115	9	in	in	ADP
emaj-266	115	10	the	the	DET
emaj-266	115	11	analysis	analysis	NOUN
emaj-266	115	12	are	be	AUX
emaj-266	115	13	provided	provide	VERB
emaj-266	115	14	in	in	ADP
emaj-266	115	15	table	table	NOUN
emaj-266	115	16	1	1	NUM
emaj-266	115	17	.	.	PUNCT
emaj-266	115	18	table	table	NOUN
emaj-266	115	19	1	1	NUM
emaj-266	115	20	:	:	PUNCT
emaj-266	115	21	variable	variable	ADJ
emaj-266	115	22	definitions	definition	NOUN
emaj-266	115	23	variables	variable	VERB
emaj-266	115	24	definition	definition	NOUN
emaj-266	115	25	abbreviation	abbreviation	NOUN
emaj-266	115	26	msci	msci	PROPN
emaj-266	115	27	all	all	DET
emaj-266	115	28	country	country	NOUN
emaj-266	115	29	world	world	PROPN
emaj-266	115	30	equity	equity	PROPN
emaj-266	115	31	index	index	PROPN
emaj-266	115	32	lall	lall	PROPN
emaj-266	115	33	gold	gold	NOUN
emaj-266	115	34	price	price	NOUN
emaj-266	115	35	gold	gold	NOUN
emaj-266	115	36	price	price	NOUN
emaj-266	115	37	per	per	ADP
emaj-266	115	38	ounce	ounce	NOUN
emaj-266	115	39	lgold	lgold	VERB
emaj-266	115	40	s&p	s&p	PROPN
emaj-266	115	41	gsci	gsci	PROPN
emaj-266	115	42	gsci	gsci	PROPN
emaj-266	115	43	commodity	commodity	NOUN
emaj-266	115	44	index	index	NOUN
emaj-266	115	45	lcommodity	lcommodity	NOUN
emaj-266	115	46	s&p	s&p	PROPN
emaj-266	115	47	cryptocurrency	cryptocurrency	NOUN
emaj-266	115	48	cryptocurrency	cryptocurrency	NOUN
emaj-266	115	49	broad	broad	ADJ
emaj-266	115	50	digital	digital	ADJ
emaj-266	115	51	market	market	NOUN
emaj-266	115	52	index	index	NOUN
emaj-266	115	53	lcrypto	lcrypto	ADJ
emaj-266	115	54	pimco	pimco	PROPN
emaj-266	115	55	global	global	ADJ
emaj-266	115	56	bond	bond	NOUN
emaj-266	115	57	opportunities	opportunity	NOUN
emaj-266	115	58	fund	fund	VERB
emaj-266	115	59	lbond	lbond	VERB
emaj-266	115	60	us	we	PRON
emaj-266	115	61	dollar	dollar	VERB
emaj-266	115	62	us	us	PROPN
emaj-266	115	63	dollar	dollar	NOUN
emaj-266	115	64	index	index	NOUN
emaj-266	115	65	ldollar	ldollar	PROPN
emaj-266	115	66	source	source	NOUN
emaj-266	115	67	:	:	PUNCT
emaj-266	115	68	authors	author	NOUN
emaj-266	115	69	’	'	PUNCT
emaj-266	115	70	own	own	ADJ
emaj-266	115	71	compilation	compilation	NOUN
emaj-266	115	72	descriptive	descriptive	ADJ
emaj-266	115	73	statistics	statistic	NOUN
emaj-266	115	74	of	of	ADP
emaj-266	115	75	the	the	DET
emaj-266	115	76	variables	variable	NOUN
emaj-266	115	77	with	with	ADP
emaj-266	115	78	logarithmic	logarithmic	ADJ
emaj-266	115	79	transformation	transformation	NOUN
emaj-266	115	80	are	be	AUX
emaj-266	115	81	provided	provide	VERB
emaj-266	115	82	in	in	ADP
emaj-266	115	83	table	table	NOUN
emaj-266	115	84	2	2	NUM
emaj-266	115	85	.	.	PUNCT
emaj-266	116	1	volume	volume	NOUN
emaj-266	116	2	12	12	NUM
emaj-266	116	3	no	no	DET
emaj-266	116	4	2	2	NUM
emaj-266	116	5	(	(	PUNCT
emaj-266	116	6	2022	2022	NUM
emaj-266	116	7	)	)	PUNCT
emaj-266	116	8	|	|	ADV
emaj-266	116	9	issn	issn	VERB
emaj-266	116	10	2158	2158	NUM
emaj-266	116	11	-	-	SYM
emaj-266	116	12	8708	8708	NUM
emaj-266	116	13	(	(	PUNCT
emaj-266	116	14	online	online	NOUN
emaj-266	116	15	)	)	PUNCT
emaj-266	116	16	|	|	ADV
emaj-266	116	17	doi	doi	X
emaj-266	116	18	10.5195	10.5195	NUM
emaj-266	116	19	/	/	SYM
emaj-266	116	20	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	116	21	|	|	ADV
emaj-266	116	22	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-266	116	23	investigating	investigate	VERB
emaj-266	116	24	the	the	DET
emaj-266	116	25	market	market	NOUN
emaj-266	116	26	linkages	linkage	NOUN
emaj-266	116	27	between	between	ADP
emaj-266	116	28	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	116	29	and	and	CCONJ
emaj-266	116	30	conventional	conventional	ADJ
emaj-266	116	31	assets	asset	NOUN
emaj-266	116	32	page	page	NOUN
emaj-266	116	33	|40|	|40|	VERB
emaj-266	116	34	emerging	emerge	VERB
emaj-266	116	35	markets	market	NOUN
emaj-266	116	36	journal	journal	NOUN
emaj-266	116	37	table	table	NOUN
emaj-266	116	38	2	2	NUM
emaj-266	116	39	:	:	PUNCT
emaj-266	116	40	descriptive	descriptive	ADJ
emaj-266	116	41	statistics	statistic	NOUN
emaj-266	116	42	source	source	NOUN
emaj-266	116	43	:	:	PUNCT
emaj-266	116	44	eviews	eview	VERB
emaj-266	116	45	software	software	VERB
emaj-266	116	46	output	output	NOUN
emaj-266	116	47	in	in	ADP
emaj-266	116	48	order	order	NOUN
emaj-266	116	49	to	to	PART
emaj-266	116	50	investigate	investigate	VERB
emaj-266	116	51	the	the	DET
emaj-266	116	52	cointegration	cointegration	NOUN
emaj-266	116	53	relationship	relationship	NOUN
emaj-266	116	54	between	between	ADP
emaj-266	116	55	the	the	DET
emaj-266	116	56	variables	variable	NOUN
emaj-266	116	57	,	,	PUNCT
emaj-266	116	58	unit	unit	NOUN
emaj-266	116	59	root	root	NOUN
emaj-266	116	60	tests	test	NOUN
emaj-266	116	61	were	be	AUX
emaj-266	116	62	applied	apply	VERB
emaj-266	116	63	and	and	CCONJ
emaj-266	116	64	the	the	DET
emaj-266	116	65	stationarities	stationaritie	NOUN
emaj-266	116	66	of	of	ADP
emaj-266	116	67	the	the	DET
emaj-266	116	68	variables	variable	NOUN
emaj-266	116	69	were	be	AUX
emaj-266	116	70	determined	determine	VERB
emaj-266	116	71	.	.	PUNCT
emaj-266	117	1	the	the	DET
emaj-266	117	2	results	result	NOUN
emaj-266	117	3	are	be	AUX
emaj-266	117	4	shown	show	VERB
emaj-266	117	5	in	in	ADP
emaj-266	117	6	table	table	NOUN
emaj-266	117	7	3	3	NUM
emaj-266	117	8	.	.	PUNCT
emaj-266	117	9	table	table	NOUN
emaj-266	117	10	3	3	NUM
emaj-266	117	11	:	:	PUNCT
emaj-266	117	12	unit	unit	NOUN
emaj-266	117	13	root	root	NOUN
emaj-266	117	14	tests	test	NOUN
emaj-266	117	15	results	result	VERB
emaj-266	117	16	note	note	VERB
emaj-266	117	17	:	:	PUNCT
emaj-266	117	18	the	the	DET
emaj-266	117	19	schwarz	schwarz	PROPN
emaj-266	117	20	information	information	NOUN
emaj-266	117	21	criterion	criterion	NOUN
emaj-266	117	22	for	for	ADP
emaj-266	117	23	optimal	optimal	ADJ
emaj-266	117	24	delay	delay	NOUN
emaj-266	117	25	length	length	NOUN
emaj-266	117	26	was	be	AUX
emaj-266	117	27	used	use	VERB
emaj-266	117	28	in	in	ADP
emaj-266	117	29	the	the	DET
emaj-266	117	30	adf	adf	NOUN
emaj-266	117	31	test	test	NOUN
emaj-266	117	32	,	,	PUNCT
emaj-266	117	33	and	and	CCONJ
emaj-266	117	34	the	the	DET
emaj-266	117	35	newey	newey	PROPN
emaj-266	117	36	-	-	PUNCT
emaj-266	117	37	west	west	PROPN
emaj-266	117	38	bandwith	bandwith	PROPN
emaj-266	117	39	criterion	criterion	NOUN
emaj-266	117	40	was	be	AUX
emaj-266	117	41	used	use	VERB
emaj-266	117	42	to	to	PART
emaj-266	117	43	determine	determine	VERB
emaj-266	117	44	the	the	DET
emaj-266	117	45	bandwidth	bandwidth	NOUN
emaj-266	117	46	for	for	ADP
emaj-266	117	47	the	the	DET
emaj-266	117	48	pp	pp	PROPN
emaj-266	117	49	test	test	NOUN
emaj-266	117	50	.	.	PUNCT
emaj-266	118	1	source	source	NOUN
emaj-266	118	2	:	:	PUNCT
emaj-266	118	3	eviews	eviews	PROPN
emaj-266	118	4	software	software	NOUN
emaj-266	118	5	output	output	NOUN
emaj-266	118	6	according	accord	VERB
emaj-266	118	7	to	to	ADP
emaj-266	118	8	the	the	DET
emaj-266	118	9	unit	unit	NOUN
emaj-266	118	10	root	root	NOUN
emaj-266	118	11	test	test	NOUN
emaj-266	118	12	results	result	NOUN
emaj-266	118	13	,	,	PUNCT
emaj-266	118	14	the	the	DET
emaj-266	118	15	series	series	NOUN
emaj-266	118	16	was	be	AUX
emaj-266	118	17	not	not	PART
emaj-266	118	18	stationary	stationary	ADJ
emaj-266	118	19	at	at	ADP
emaj-266	118	20	level	level	NOUN
emaj-266	118	21	but	but	CCONJ
emaj-266	118	22	became	become	VERB
emaj-266	118	23	stationary	stationary	ADJ
emaj-266	118	24	when	when	SCONJ
emaj-266	118	25	the	the	DET
emaj-266	118	26	first	first	ADJ
emaj-266	118	27	difference	difference	NOUN
emaj-266	118	28	was	be	AUX
emaj-266	118	29	taken	take	VERB
emaj-266	118	30	.	.	PUNCT
emaj-266	119	1	since	since	SCONJ
emaj-266	119	2	the	the	DET
emaj-266	119	3	series	series	NOUN
emaj-266	119	4	are	be	AUX
emaj-266	119	5	stationary	stationary	ADJ
emaj-266	119	6	in	in	ADP
emaj-266	119	7	the	the	DET
emaj-266	119	8	same	same	ADJ
emaj-266	119	9	order	order	NOUN
emaj-266	119	10	,	,	PUNCT
emaj-266	119	11	their	their	PRON
emaj-266	119	12	relationship	relationship	NOUN
emaj-266	119	13	is	be	AUX
emaj-266	119	14	tested	test	VERB
emaj-266	119	15	with	with	ADP
emaj-266	119	16	the	the	DET
emaj-266	119	17	johansen	johansen	PROPN
emaj-266	119	18	cointegration	cointegration	NOUN
emaj-266	119	19	method	method	NOUN
emaj-266	119	20	.	.	PUNCT
emaj-266	120	1	however	however	ADV
emaj-266	120	2	,	,	PUNCT
emaj-266	120	3	the	the	DET
emaj-266	120	4	cointegration	cointegration	NOUN
emaj-266	120	5	method	method	NOUN
emaj-266	120	6	includes	include	VERB
emaj-266	120	7	the	the	DET
emaj-266	120	8	vector	vector	NOUN
emaj-266	120	9	autoregression	autoregression	NOUN
emaj-266	120	10	model	model	NOUN
emaj-266	120	11	(	(	PUNCT
emaj-266	120	12	var	var	NOUN
emaj-266	120	13	)	)	PUNCT
emaj-266	120	14	approach	approach	NOUN
emaj-266	120	15	,	,	PUNCT
emaj-266	120	16	which	which	PRON
emaj-266	120	17	shows	show	VERB
emaj-266	120	18	that	that	SCONJ
emaj-266	120	19	each	each	DET
emaj-266	120	20	variable	variable	NOUN
emaj-266	120	21	in	in	ADP
emaj-266	120	22	an	an	DET
emaj-266	120	23	econometric	econometric	ADJ
emaj-266	120	24	model	model	NOUN
emaj-266	120	25	developed	develop	VERB
emaj-266	120	26	by	by	ADP
emaj-266	120	27	sims	sim	NOUN
emaj-266	120	28	(	(	PUNCT
emaj-266	120	29	1980	1980	NUM
emaj-266	120	30	)	)	PUNCT
emaj-266	120	31	is	be	AUX
emaj-266	120	32	affected	affect	VERB
emaj-266	120	33	both	both	PRON
emaj-266	120	34	by	by	ADP
emaj-266	120	35	itself	itself	PRON
emaj-266	120	36	and	and	CCONJ
emaj-266	120	37	the	the	DET
emaj-266	120	38	lagged	lag	VERB
emaj-266	120	39	values	value	NOUN
emaj-266	120	40	of	of	ADP
emaj-266	120	41	other	other	ADJ
emaj-266	120	42	variables	variable	NOUN
emaj-266	120	43	.	.	PUNCT
emaj-266	121	1	therefore	therefore	ADV
emaj-266	121	2	,	,	PUNCT
emaj-266	121	3	it	it	PRON
emaj-266	121	4	is	be	AUX
emaj-266	121	5	necessary	necessary	ADJ
emaj-266	121	6	to	to	PART
emaj-266	121	7	determine	determine	VERB
emaj-266	121	8	the	the	DET
emaj-266	121	9	optimal	optimal	ADJ
emaj-266	121	10	lag	lag	NOUN
emaj-266	121	11	length	length	NOUN
emaj-266	121	12	for	for	ADP
emaj-266	121	13	the	the	DET
emaj-266	121	14	unconstrained	unconstrained	ADJ
emaj-266	121	15	var	var	NOUN
emaj-266	121	16	model	model	NOUN
emaj-266	121	17	.	.	PUNCT
emaj-266	122	1	table	table	NOUN
emaj-266	122	2	4	4	NUM
emaj-266	122	3	:	:	PUNCT
emaj-266	122	4	determining	determine	VERB
emaj-266	122	5	the	the	DET
emaj-266	122	6	optimal	optimal	ADJ
emaj-266	122	7	lag	lag	NOUN
emaj-266	122	8	length	length	NOUN
emaj-266	122	9	source	source	NOUN
emaj-266	122	10	:	:	PUNCT
emaj-266	122	11	eviews	eviews	PROPN
emaj-266	122	12	software	software	NOUN
emaj-266	122	13	output	output	NOUN
emaj-266	122	14	in	in	ADP
emaj-266	122	15	the	the	DET
emaj-266	122	16	estimated	estimate	VERB
emaj-266	122	17	var	var	NOUN
emaj-266	122	18	model	model	NOUN
emaj-266	122	19	,	,	PUNCT
emaj-266	122	20	the	the	DET
emaj-266	122	21	optimal	optimal	ADJ
emaj-266	122	22	lag	lag	NOUN
emaj-266	122	23	length	length	NOUN
emaj-266	122	24	was	be	AUX
emaj-266	122	25	determined	determine	VERB
emaj-266	122	26	as	as	ADP
emaj-266	122	27	1	1	NUM
emaj-266	122	28	according	accord	VERB
emaj-266	122	29	to	to	ADP
emaj-266	122	30	the	the	DET
emaj-266	122	31	schwarz	schwarz	PROPN
emaj-266	122	32	information	information	NOUN
emaj-266	122	33	criterion	criterion	NOUN
emaj-266	122	34	.	.	PUNCT
emaj-266	123	1	as	as	ADP
emaj-266	123	2	a	a	DET
emaj-266	123	3	result	result	NOUN
emaj-266	123	4	of	of	ADP
emaj-266	123	5	testing	test	VERB
emaj-266	123	6	the	the	DET
emaj-266	123	7	validity	validity	NOUN
emaj-266	123	8	of	of	ADP
emaj-266	123	9	the	the	DET
emaj-266	123	10	established	establish	VERB
emaj-266	123	11	var	var	NOUN
emaj-266	123	12	model	model	NOUN
emaj-266	123	13	,	,	PUNCT
emaj-266	123	14	it	it	PRON
emaj-266	123	15	has	have	AUX
emaj-266	123	16	been	be	AUX
emaj-266	123	17	determined	determine	VERB
emaj-266	123	18	that	that	SCONJ
emaj-266	123	19	the	the	DET
emaj-266	123	20	residuals	residual	NOUN
emaj-266	123	21	are	be	AUX
emaj-266	123	22	normally	normally	ADV
emaj-266	123	23	distributed	distribute	VERB
emaj-266	123	24	and	and	CCONJ
emaj-266	123	25	have	have	VERB
emaj-266	123	26	zero	zero	NUM
emaj-266	123	27	mean	mean	ADJ
emaj-266	123	28	and	and	CCONJ
emaj-266	123	29	constant	constant	ADJ
emaj-266	123	30	variance	variance	NOUN
emaj-266	123	31	(	(	PUNCT
emaj-266	123	32	n.i.i.d	n.i.i.d	PROPN
emaj-266	123	33	)	)	PUNCT
emaj-266	123	34	.	.	PUNCT
emaj-266	124	1	the	the	DET
emaj-266	124	2	presence	presence	NOUN
emaj-266	124	3	of	of	ADP
emaj-266	124	4	cointegration	cointegration	NOUN
emaj-266	124	5	vector	vector	NOUN
emaj-266	124	6	among	among	ADP
emaj-266	124	7	the	the	DET
emaj-266	124	8	variables	variable	NOUN
emaj-266	124	9	have	have	AUX
emaj-266	124	10	been	be	AUX
emaj-266	124	11	examined	examine	VERB
emaj-266	124	12	by	by	ADP
emaj-266	124	13	the	the	DET
emaj-266	124	14	johansen	johansen	PROPN
emaj-266	124	15	cointegration	cointegration	PROPN
emaj-266	124	16	test	test	NOUN
emaj-266	124	17	and	and	CCONJ
emaj-266	124	18	the	the	DET
emaj-266	124	19	results	result	NOUN
emaj-266	124	20	are	be	AUX
emaj-266	124	21	presented	present	VERB
emaj-266	124	22	in	in	ADP
emaj-266	124	23	table	table	NOUN
emaj-266	124	24	5	5	NUM
emaj-266	124	25	.	.	PUNCT
emaj-266	124	26	table	table	NOUN
emaj-266	124	27	5	5	NUM
emaj-266	124	28	:	:	PUNCT
emaj-266	124	29	johansen	johansen	PROPN
emaj-266	124	30	cointegration	cointegration	PROPN
emaj-266	124	31	test	test	NOUN
emaj-266	124	32	results	result	VERB
emaj-266	124	33	cointegration	cointegration	NOUN
emaj-266	124	34	test	test	NOUN
emaj-266	124	35	by	by	ADP
emaj-266	124	36	trace	trace	NOUN
emaj-266	124	37	statistics	statistic	NOUN
emaj-266	124	38	hypotheses	hypothesis	NOUN
emaj-266	124	39	eigenvalue	eigenvalue	VERB
emaj-266	124	40	trace	trace	NOUN
emaj-266	124	41	statistics	statistic	NOUN
emaj-266	124	42	5	5	NUM
emaj-266	124	43	%	%	NOUN
emaj-266	124	44	critical	critical	ADJ
emaj-266	124	45	value	value	NOUN
emaj-266	124	46	probability	probability	NOUN
emaj-266	124	47	𝑟	𝑟	X
emaj-266	124	48	=	=	SYM
emaj-266	124	49	0	0	PUNCT
emaj-266	124	50	*	*	NUM
emaj-266	124	51	0.041466	0.041466	NUM
emaj-266	124	52	134.6678	134.6678	NUM
emaj-266	124	53	103.8473	103.8473	NUM
emaj-266	124	54	0.0001	0.0001	NUM
emaj-266	124	55	𝑟	𝑟	NOUN
emaj-266	124	56	≤	≤	ADP
emaj-266	124	57	1	1	NUM
emaj-266	124	58	*	*	NUM
emaj-266	124	59	0.023464	0.023464	NUM
emaj-266	124	60	81.26353	81.26353	NUM
emaj-266	124	61	76.97277	76.97277	NUM
emaj-266	124	62	0.0227	0.0227	NUM
emaj-266	124	63	cointegration	cointegration	NOUN
emaj-266	124	64	test	test	NOUN
emaj-266	124	65	according	accord	VERB
emaj-266	124	66	to	to	ADP
emaj-266	124	67	maximum	maximum	PROPN
emaj-266	124	68	eigen	eigen	PROPN
emaj-266	124	69	value	value	NOUN
emaj-266	124	70	statistics	statistic	NOUN
emaj-266	124	71	hypotheses	hypothesis	NOUN
emaj-266	124	72	eigenvalue	eigenvalue	VERB
emaj-266	124	73	maximum	maximum	PROPN
emaj-266	124	74	eigenvalue	eigenvalue	ADJ
emaj-266	124	75	statistics	statistic	NOUN
emaj-266	124	76	5	5	NUM
emaj-266	124	77	%	%	NOUN
emaj-266	124	78	critical	critical	ADJ
emaj-266	124	79	value	value	NOUN
emaj-266	124	80	probability	probability	NOUN
emaj-266	124	81	𝑟	𝑟	X
emaj-266	124	82	=	=	SYM
emaj-266	124	83	0	0	NUM
emaj-266	124	84	*	*	NUM
emaj-266	124	85	0.041466	0.041466	NUM
emaj-266	124	86	53.40423	53.40423	NUM
emaj-266	124	87	40.95680	40.95680	NUM
emaj-266	124	88	0.0013	0.0013	NUM
emaj-266	124	89	𝑟	𝑟	NOUN
emaj-266	124	90	≤	≤	NUM
emaj-266	124	91	1	1	NUM
emaj-266	124	92	0.023464	0.023464	NUM
emaj-266	124	93	29.94140	29.94140	NUM
emaj-266	124	94	34.80587	34.80587	NUM
emaj-266	124	95	0.1699	0.1699	NUM
emaj-266	124	96	source	source	NOUN
emaj-266	124	97	:	:	PUNCT
emaj-266	124	98	eviews	eviews	AUX
emaj-266	124	99	software	software	VERB
emaj-266	124	100	output	output	NOUN
emaj-266	124	101	𝐿𝐶𝑅𝑌𝑃𝑇𝑂𝑡	𝐿𝐶𝑅𝑌𝑃𝑇𝑂𝑡	NOUN
emaj-266	124	102	=	=	SYM
emaj-266	124	103	𝛼1	𝛼1	NOUN
emaj-266	124	104	+	+	CCONJ
emaj-266	124	105	∑	∑	PUNCT
emaj-266	124	106	𝛽1𝑝𝐿𝐵𝑂𝑁𝐷𝑡−𝑝	𝛽1𝑝𝐿𝐵𝑂𝑁𝐷𝑡−𝑝	PROPN
emaj-266	124	107	𝑘	𝑘	DET
emaj-266	124	108	𝑝=1	𝑝=1	NOUN
emaj-266	125	1	+	+	CCONJ
emaj-266	125	2	∑	∑	PROPN
emaj-266	125	3	𝛽2𝑝𝐿𝐶𝑂𝑀𝑀𝑂𝐷𝐼𝑇𝑌𝑡−𝑝	𝛽2𝑝𝐿𝐶𝑂𝑀𝑀𝑂𝐷𝐼𝑇𝑌𝑡−𝑝	PROPN
emaj-266	125	4	𝑘	𝑘	DET
emaj-266	125	5	𝑝=1	𝑝=1	NOUN
emaj-266	125	6	+	+	CCONJ
emaj-266	125	7	∑	∑	PROPN
emaj-266	125	8	𝛽3𝑝𝐿𝐷𝑂𝐿𝐿𝐴𝑅𝑡−𝑝	𝛽3𝑝𝐿𝐷𝑂𝐿𝐿𝐴𝑅𝑡−𝑝	NUM
emaj-266	125	9	𝑘	𝑘	DET
emaj-266	125	10	𝑝=1	𝑝=1	NOUN
emaj-266	125	11	+	+	CCONJ
emaj-266	125	12	∑	∑	PROPN
emaj-266	125	13	𝛽4𝑝𝐿𝐺𝑂𝐿𝐷𝑡−𝑝	𝛽4𝑝𝐿𝐺𝑂𝐿𝐷𝑡−𝑝	PROPN
emaj-266	125	14	𝑘	𝑘	DET
emaj-266	125	15	𝑝=1	𝑝=1	NOUN
emaj-266	125	16	+	+	CCONJ
emaj-266	125	17	∑	∑	PUNCT
emaj-266	125	18	𝛽5𝑝𝐿𝐴𝐿𝐿𝑡−𝑝	𝛽5𝑝𝐿𝐴𝐿𝐿𝑡−𝑝	PROPN
emaj-266	125	19	𝑘	𝑘	PRON
emaj-266	125	20	𝑝=1	𝑝=1	NOUN
emaj-266	125	21	when	when	SCONJ
emaj-266	125	22	table	table	NOUN
emaj-266	125	23	5	5	NUM
emaj-266	125	24	is	be	AUX
emaj-266	125	25	examined	examine	VERB
emaj-266	125	26	,	,	PUNCT
emaj-266	125	27	the	the	DET
emaj-266	125	28	trace	trace	NOUN
emaj-266	125	29	statistic	statistic	NOUN
emaj-266	125	30	and	and	CCONJ
emaj-266	125	31	the	the	DET
emaj-266	125	32	maximum	maximum	PROPN
emaj-266	125	33	eigen	eigen	PROPN
emaj-266	125	34	value	value	PROPN
emaj-266	125	35	test	test	NOUN
emaj-266	125	36	statistic	statistic	NOUN
emaj-266	125	37	values	value	NOUN
emaj-266	125	38	calculated	calculate	VERB
emaj-266	125	39	from	from	ADP
emaj-266	125	40	the	the	DET
emaj-266	125	41	johansen	johansen	PROPN
emaj-266	125	42	cointegration	cointegration	PROPN
emaj-266	125	43	test	test	NOUN
emaj-266	125	44	were	be	AUX
emaj-266	125	45	more	more	ADV
emaj-266	125	46	significant	significant	ADJ
emaj-266	125	47	than	than	ADP
emaj-266	125	48	the	the	DET
emaj-266	125	49	critical	critical	ADJ
emaj-266	125	50	value	value	NOUN
emaj-266	125	51	at	at	ADP
emaj-266	125	52	the	the	DET
emaj-266	125	53	5	5	NUM
emaj-266	125	54	%	%	NOUN
emaj-266	125	55	significance	significance	NOUN
emaj-266	125	56	level	level	NOUN
emaj-266	125	57	.	.	PUNCT
emaj-266	126	1	it	it	PRON
emaj-266	126	2	has	have	AUX
emaj-266	126	3	been	be	AUX
emaj-266	126	4	seen	see	VERB
emaj-266	126	5	that	that	SCONJ
emaj-266	126	6	there	there	PRON
emaj-266	126	7	is	be	VERB
emaj-266	126	8	one	one	NUM
emaj-266	126	9	cointegration	cointegration	NOUN
emaj-266	126	10	vector	vector	NOUN
emaj-266	126	11	according	accord	VERB
emaj-266	126	12	to	to	ADP
emaj-266	126	13	the	the	DET
emaj-266	126	14	trace	trace	NOUN
emaj-266	126	15	statistics	statistic	NOUN
emaj-266	126	16	and	and	CCONJ
emaj-266	126	17	two	two	NUM
emaj-266	126	18	according	accord	VERB
emaj-266	126	19	to	to	ADP
emaj-266	126	20	the	the	DET
emaj-266	126	21	maximum	maximum	PROPN
emaj-266	126	22	eigenvalue	eigenvalue	PROPN
emaj-266	126	23	statistics	statistic	NOUN
emaj-266	126	24	.	.	PUNCT
emaj-266	127	1	therefore	therefore	ADV
emaj-266	127	2	,	,	PUNCT
emaj-266	127	3	by	by	ADP
emaj-266	127	4	looking	look	VERB
emaj-266	127	5	at	at	ADP
emaj-266	127	6	the	the	DET
emaj-266	127	7	results	result	NOUN
emaj-266	127	8	obtained	obtain	VERB
emaj-266	127	9	with	with	ADP
emaj-266	127	10	the	the	DET
emaj-266	127	11	johansen	johansen	PROPN
emaj-266	127	12	cointegration	cointegration	PROPN
emaj-266	127	13	test	test	NOUN
emaj-266	127	14	,	,	PUNCT
emaj-266	127	15	it	it	PRON
emaj-266	127	16	is	be	AUX
emaj-266	127	17	possible	possible	ADJ
emaj-266	127	18	to	to	PART
emaj-266	127	19	say	say	VERB
emaj-266	127	20	that	that	SCONJ
emaj-266	127	21	the	the	DET
emaj-266	127	22	examined	examine	VERB
emaj-266	127	23	series	series	NOUN
emaj-266	127	24	affect	affect	VERB
emaj-266	127	25	each	each	DET
emaj-266	127	26	other	other	ADJ
emaj-266	127	27	in	in	ADP
emaj-266	127	28	the	the	DET
emaj-266	127	29	short	short	ADJ
emaj-266	127	30	term	term	NOUN
emaj-266	127	31	.	.	PUNCT
emaj-266	128	1	as	as	ADP
emaj-266	128	2	a	a	DET
emaj-266	128	3	result	result	NOUN
emaj-266	128	4	of	of	ADP
emaj-266	128	5	detecting	detect	VERB
emaj-266	128	6	a	a	DET
emaj-266	128	7	cointegrated	cointegrate	VERB
emaj-266	128	8	relationship	relationship	NOUN
emaj-266	128	9	between	between	ADP
emaj-266	128	10	the	the	DET
emaj-266	128	11	variables	variable	NOUN
emaj-266	128	12	in	in	ADP
emaj-266	128	13	the	the	DET
emaj-266	128	14	short	short	ADJ
emaj-266	128	15	run	run	NOUN
emaj-266	128	16	,	,	PUNCT
emaj-266	128	17	it	it	PRON
emaj-266	128	18	was	be	AUX
emaj-266	128	19	determined	determine	VERB
emaj-266	128	20	that	that	SCONJ
emaj-266	128	21	causality	causality	NOUN
emaj-266	128	22	analysis	analysis	NOUN
emaj-266	128	23	could	could	AUX
emaj-266	128	24	be	be	AUX
emaj-266	128	25	performed	perform	VERB
emaj-266	128	26	.	.	PUNCT
emaj-266	129	1	the	the	DET
emaj-266	129	2	results	result	NOUN
emaj-266	129	3	of	of	ADP
emaj-266	129	4	the	the	DET
emaj-266	129	5	block	block	NOUN
emaj-266	129	6	granger	granger	PROPN
emaj-266	129	7	causality	causality	PROPN
emaj-266	129	8	analysis	analysis	NOUN
emaj-266	129	9	estimated	estimate	VERB
emaj-266	129	10	by	by	ADP
emaj-266	129	11	the	the	DET
emaj-266	129	12	unit	unit	NOUN
emaj-266	129	13	root	root	NOUN
emaj-266	129	14	tests	test	NOUN
emaj-266	129	15	are	be	AUX
emaj-266	129	16	provided	provide	VERB
emaj-266	129	17	in	in	ADP
emaj-266	129	18	table	table	NOUN
emaj-266	129	19	6	6	NUM
emaj-266	129	20	.	.	PUNCT
emaj-266	130	1	volume	volume	NOUN
emaj-266	130	2	12	12	NUM
emaj-266	130	3	no	no	DET
emaj-266	130	4	2	2	NUM
emaj-266	130	5	(	(	PUNCT
emaj-266	130	6	2022	2022	NUM
emaj-266	130	7	)	)	PUNCT
emaj-266	130	8	|	|	ADV
emaj-266	130	9	issn	issn	VERB
emaj-266	130	10	2158	2158	NUM
emaj-266	130	11	-	-	SYM
emaj-266	130	12	8708	8708	NUM
emaj-266	130	13	(	(	PUNCT
emaj-266	130	14	online	online	NOUN
emaj-266	130	15	)	)	PUNCT
emaj-266	130	16	|	|	ADV
emaj-266	130	17	doi	doi	X
emaj-266	130	18	10.5195	10.5195	NUM
emaj-266	130	19	/	/	SYM
emaj-266	130	20	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	130	21	|	|	ADV
emaj-266	130	22	http://emaj.pitt.edu	http://emaj.pitt.edu	PROPN
emaj-266	130	23	melih	melih	PROPN
emaj-266	130	24	sefa	sefa	PROPN
emaj-266	130	25	yavuz	yavuz	PROPN
emaj-266	130	26	,	,	PUNCT
emaj-266	130	27	gözde	gözde	PROPN
emaj-266	130	28	bozkurt	bozkurt	PROPN
emaj-266	130	29	,	,	PUNCT
emaj-266	130	30	semra	semra	NOUN
emaj-266	130	31	boğa	boğa	ADJ
emaj-266	130	32	emerging	emerge	VERB
emaj-266	130	33	markets	market	NOUN
emaj-266	130	34	journal	journal	NOUN
emaj-266	131	1	|	|	ADV
emaj-266	131	2	p	p	NOUN
emaj-266	131	3	a	a	DET
emaj-266	131	4	g	g	NOUN
emaj-266	131	5	e	e	NOUN
emaj-266	131	6	4	4	NUM
emaj-266	131	7	1	1	NUM
emaj-266	131	8	table	table	NOUN
emaj-266	131	9	6	6	NUM
emaj-266	131	10	:	:	PUNCT
emaj-266	131	11	block	block	NOUN
emaj-266	131	12	granger	granger	PROPN
emaj-266	131	13	causality	causality	PROPN
emaj-266	131	14	analysis	analysis	NOUN
emaj-266	131	15	results	result	NOUN
emaj-266	131	16	statistic	statistic	VERB
emaj-266	131	17	dependent	dependent	ADJ
emaj-266	131	18	variable	variable	ADJ
emaj-266	131	19	df	df	NOUN
emaj-266	131	20	𝑿𝟐statistics	𝑿𝟐statistic	NOUN
emaj-266	131	21	p	p	ADJ
emaj-266	131	22	-	-	PUNCT
emaj-266	131	23	value	value	NOUN
emaj-266	131	24	crypto	crypto	NOUN
emaj-266	131	25	1	1	NUM
emaj-266	131	26	7.712696	7.712696	NUM
emaj-266	131	27	0.0211	0.0211	NUM
emaj-266	131	28	*	*	PUNCT
emaj-266	131	29	bond	bond	NOUN
emaj-266	131	30	commodity	commodity	NOUN
emaj-266	131	31	1	1	NUM
emaj-266	131	32	1.426198	1.426198	NUM
emaj-266	131	33	0.4901	0.4901	NUM
emaj-266	131	34	dollar	dollar	NOUN
emaj-266	131	35	1	1	NUM
emaj-266	131	36	3.929096	3.929096	NUM
emaj-266	131	37	0.1402	0.1402	NUM
emaj-266	131	38	gold	gold	NOUN
emaj-266	131	39	1	1	NUM
emaj-266	131	40	3.486197	3.486197	NUM
emaj-266	131	41	0.1750	0.1750	NUM
emaj-266	131	42	all	all	PRON
emaj-266	131	43	1	1	NUM
emaj-266	131	44	3.80257	3.80257	NUM
emaj-266	131	45	0.2162	0.2162	NUM
emaj-266	131	46	general	general	ADJ
emaj-266	131	47	5	5	NUM
emaj-266	131	48	39.96452	39.96452	NUM
emaj-266	131	49	0.0000	0.0000	NUM
emaj-266	131	50	*	*	PUNCT
emaj-266	131	51	all	all	DET
emaj-266	131	52	1	1	NUM
emaj-266	131	53	0.282568	0.282568	NUM
emaj-266	131	54	0.5950	0.5950	NUM
emaj-266	131	55	gold	gold	NOUN
emaj-266	131	56	dollar	dollar	NOUN
emaj-266	131	57	1	1	NUM
emaj-266	131	58	0.431831	0.431831	NUM
emaj-266	131	59	0.5111	0.5111	NUM
emaj-266	131	60	bond	bond	NOUN
emaj-266	131	61	1	1	NUM
emaj-266	131	62	0.288643	0.288643	NUM
emaj-266	131	63	0.5911	0.5911	NUM
emaj-266	131	64	crypto	crypto	NOUN
emaj-266	131	65	1	1	NUM
emaj-266	131	66	4.565227	4.565227	NUM
emaj-266	131	67	0.0326	0.0326	NUM
emaj-266	131	68	*	*	PUNCT
emaj-266	131	69	commodity	commodity	NOUN
emaj-266	131	70	1	1	NUM
emaj-266	131	71	0.163458	0.163458	NUM
emaj-266	131	72	0.6860	0.6860	NUM
emaj-266	131	73	general	general	ADJ
emaj-266	131	74	5	5	NUM
emaj-266	131	75	10.40620	10.40620	NUM
emaj-266	131	76	0.0645	0.0645	NUM
emaj-266	131	77	gold	gold	NOUN
emaj-266	131	78	1	1	NUM
emaj-266	131	79	2.992686	2.992686	NUM
emaj-266	131	80	0.0836	0.0836	NUM
emaj-266	131	81	all	all	DET
emaj-266	131	82	dollar	dollar	NOUN
emaj-266	131	83	1	1	NUM
emaj-266	131	84	0.111073	0.111073	NUM
emaj-266	131	85	0.7389	0.7389	NUM
emaj-266	131	86	bond	bond	NOUN
emaj-266	131	87	1	1	NUM
emaj-266	131	88	8.282855	8.282855	NUM
emaj-266	131	89	0.0040	0.0040	NUM
emaj-266	131	90	*	*	PUNCT
emaj-266	131	91	crypto	crypto	NOUN
emaj-266	131	92	1	1	NUM
emaj-266	131	93	1.810546	1.810546	NUM
emaj-266	131	94	0.1784	0.1784	NUM
emaj-266	131	95	commodity	commodity	NOUN
emaj-266	131	96	1	1	NUM
emaj-266	131	97	2.588756	2.588756	NUM
emaj-266	131	98	0.1076	0.1076	NUM
emaj-266	131	99	general	general	ADJ
emaj-266	131	100	5	5	NUM
emaj-266	131	101	18.82826	18.82826	NUM
emaj-266	131	102	0.0021	0.0021	NUM
emaj-266	131	103	*	*	SYM
emaj-266	131	104	dollar	dollar	PROPN
emaj-266	131	105	1	1	NUM
emaj-266	131	106	1.535483	1.535483	NUM
emaj-266	131	107	0.2153	0.2153	NUM
emaj-266	131	108	all	all	DET
emaj-266	131	109	gold	gold	ADJ
emaj-266	131	110	1	1	NUM
emaj-266	131	111	4.142111	4.142111	NUM
emaj-266	131	112	0.0418	0.0418	NUM
emaj-266	131	113	*	*	PUNCT
emaj-266	131	114	bond	bond	NOUN
emaj-266	131	115	1	1	NUM
emaj-266	131	116	9.270013	9.270013	NUM
emaj-266	131	117	0.0023	0.0023	NUM
emaj-266	131	118	*	*	PUNCT
emaj-266	131	119	crypto	crypto	NOUN
emaj-266	131	120	1	1	NUM
emaj-266	131	121	1.364380	1.364380	NUM
emaj-266	131	122	0.2428	0.2428	NUM
emaj-266	131	123	commodity	commodity	NOUN
emaj-266	132	1	1	1	NUM
emaj-266	132	2	5.992115	5.992115	NUM
emaj-266	132	3	0.0144	0.0144	NUM
emaj-266	132	4	*	*	PUNCT
emaj-266	132	5	general	general	ADJ
emaj-266	132	6	5	5	NUM
emaj-266	132	7	17.13345	17.13345	NUM
emaj-266	132	8	0.0043	0.0043	NUM
emaj-266	132	9	bond	bond	NOUN
emaj-266	132	10	1	1	NUM
emaj-266	132	11	11.83678	11.83678	NUM
emaj-266	132	12	0.0006	0.0006	NUM
emaj-266	132	13	*	*	PUNCT
emaj-266	132	14	all	all	DET
emaj-266	132	15	gold	gold	NOUN
emaj-266	132	16	1	1	NUM
emaj-266	132	17	0.043544	0.043544	NUM
emaj-266	132	18	0.8347	0.8347	NUM
emaj-266	132	19	dollar	dollar	NOUN
emaj-266	132	20	1	1	NUM
emaj-266	132	21	0.989600	0.989600	NUM
emaj-266	132	22	0.3198	0.3198	NUM
emaj-266	132	23	crypto	crypto	NOUN
emaj-266	132	24	1	1	NUM
emaj-266	132	25	16.93327	16.93327	NUM
emaj-266	132	26	0.0000	0.0000	NUM
emaj-266	132	27	*	*	PUNCT
emaj-266	132	28	commodity	commodity	NOUN
emaj-266	132	29	1	1	NUM
emaj-266	132	30	0.389037	0.389037	NUM
emaj-266	132	31	0.5328	0.5328	NUM
emaj-266	132	32	general	general	ADJ
emaj-266	132	33	5	5	NUM
emaj-266	132	34	26.11562	26.11562	NUM
emaj-266	132	35	0.0001	0.0001	NUM
emaj-266	132	36	commodity	commodity	NOUN
emaj-266	132	37	1	1	NUM
emaj-266	132	38	4.690762	4.690762	NUM
emaj-266	132	39	0.0303	0.0303	NUM
emaj-266	132	40	*	*	PUNCT
emaj-266	132	41	all	all	PRON
emaj-266	132	42	gold	gold	ADJ
emaj-266	132	43	1	1	NUM
emaj-266	132	44	5.819948	5.819948	NUM
emaj-266	132	45	0.0158	0.0158	NUM
emaj-266	132	46	*	*	PUNCT
emaj-266	132	47	dollar	dollar	NOUN
emaj-266	132	48	1	1	NUM
emaj-266	132	49	0.974276	0.974276	NUM
emaj-266	132	50	0.3236	0.3236	NUM
emaj-266	132	51	bond	bond	NOUN
emaj-266	132	52	1	1	NUM
emaj-266	132	53	12.71132	12.71132	NUM
emaj-266	132	54	0.0004	0.0004	NUM
emaj-266	132	55	*	*	PUNCT
emaj-266	132	56	crypto	crypto	NOUN
emaj-266	132	57	1	1	NUM
emaj-266	132	58	0.170517	0.170517	NUM
emaj-266	133	1	0.6797	0.6797	NUM
emaj-266	133	2	general	general	ADJ
emaj-266	133	3	5	5	NUM
emaj-266	133	4	17.82555	17.82555	NUM
emaj-266	133	5	0.0032	0.0032	NUM
emaj-266	133	6	*	*	PUNCT
emaj-266	133	7	note	note	NOUN
emaj-266	133	8	:	:	PUNCT
emaj-266	133	9	*	*	PUNCT
emaj-266	133	10	p<0.05	p<0.05	NOUN
emaj-266	133	11	source	source	NOUN
emaj-266	133	12	:	:	PUNCT
emaj-266	133	13	eviews	eviews	PROPN
emaj-266	133	14	software	software	NOUN
emaj-266	133	15	output	output	NOUN
emaj-266	133	16	the	the	DET
emaj-266	133	17	vec	vec	PROPN
emaj-266	133	18	block	block	PROPN
emaj-266	133	19	causality	causality	NOUN
emaj-266	133	20	test	test	NOUN
emaj-266	133	21	was	be	AUX
emaj-266	133	22	performed	perform	VERB
emaj-266	133	23	as	as	ADP
emaj-266	133	24	a	a	DET
emaj-266	133	25	result	result	NOUN
emaj-266	133	26	of	of	ADP
emaj-266	133	27	determining	determine	VERB
emaj-266	133	28	the	the	DET
emaj-266	133	29	short	short	ADJ
emaj-266	133	30	-	-	PUNCT
emaj-266	133	31	term	term	NOUN
emaj-266	133	32	cointegration	cointegration	NOUN
emaj-266	133	33	relationship	relationship	NOUN
emaj-266	133	34	among	among	ADP
emaj-266	133	35	the	the	DET
emaj-266	133	36	variables	variable	NOUN
emaj-266	133	37	,	,	PUNCT
emaj-266	133	38	all	all	DET
emaj-266	133	39	the	the	DET
emaj-266	133	40	results	result	NOUN
emaj-266	133	41	are	be	AUX
emaj-266	133	42	provided	provide	VERB
emaj-266	133	43	in	in	ADP
emaj-266	133	44	table	table	NOUN
emaj-266	133	45	6	6	NUM
emaj-266	133	46	.	.	PUNCT
emaj-266	134	1	only	only	ADV
emaj-266	134	2	the	the	DET
emaj-266	134	3	results	result	NOUN
emaj-266	134	4	of	of	ADP
emaj-266	134	5	the	the	DET
emaj-266	134	6	trial	trial	NOUN
emaj-266	134	7	of	of	ADP
emaj-266	134	8	the	the	DET
emaj-266	134	9	crypto	crypto	NOUN
emaj-266	134	10	index	index	NOUN
emaj-266	134	11	and	and	CCONJ
emaj-266	134	12	other	other	ADJ
emaj-266	134	13	dependent	dependent	ADJ
emaj-266	134	14	variables	variable	NOUN
emaj-266	134	15	as	as	ADP
emaj-266	134	16	the	the	DET
emaj-266	134	17	dependent	dependent	ADJ
emaj-266	134	18	variable	variable	NOUN
emaj-266	134	19	are	be	AUX
emaj-266	134	20	discussed	discuss	VERB
emaj-266	134	21	for	for	ADP
emaj-266	134	22	the	the	DET
emaj-266	134	23	research	research	NOUN
emaj-266	134	24	.	.	PUNCT
emaj-266	135	1	∆𝐿𝐶𝑅𝑌𝑃𝑇𝑂𝑡	∆𝐿𝐶𝑅𝑌𝑃𝑇𝑂𝑡	NOUN
emaj-266	135	2	=	=	SYM
emaj-266	135	3	𝛼1	𝛼1	NOUN
emaj-266	135	4	+	+	CCONJ
emaj-266	135	5	∑	∑	PROPN
emaj-266	135	6	𝛽1𝑝∆𝐿𝐵𝑂𝑁𝐷𝑡−𝑝	𝛽1𝑝∆𝐿𝐵𝑂𝑁𝐷𝑡−𝑝	X
emaj-266	135	7	𝑘	𝑘	PRON
emaj-266	135	8	𝑝=1	𝑝=1	NOUN
emaj-266	135	9	+	+	CCONJ
emaj-266	135	10	∑	∑	PART
emaj-266	135	11	𝛽2𝑝∆𝐿𝐶𝑂𝑀𝑀𝑂𝐷𝐼𝑇𝑌𝑡−𝑝	𝛽2𝑝∆𝐿𝐶𝑂𝑀𝑀𝑂𝐷𝐼𝑇𝑌𝑡−𝑝	PROPN
emaj-266	135	12	𝑘	𝑘	DET
emaj-266	135	13	𝑝=1	𝑝=1	NOUN
emaj-266	135	14	+	+	CCONJ
emaj-266	135	15	∑	∑	PART
emaj-266	135	16	𝛽3𝑝∆𝐿𝐷𝑂𝐿𝐿𝐴𝑅𝑡−𝑝	𝛽3𝑝∆𝐿𝐷𝑂𝐿𝐿𝐴𝑅𝑡−𝑝	NUM
emaj-266	135	17	𝑘	𝑘	DET
emaj-266	135	18	𝑝=1	𝑝=1	NOUN
emaj-266	136	1	+	+	CCONJ
emaj-266	136	2	∑	∑	PUNCT
emaj-266	136	3	𝛽4𝑝∆𝐿𝐺𝑂𝐿𝐷𝑡−𝑝	𝛽4𝑝∆𝐿𝐺𝑂𝐿𝐷𝑡−𝑝	X
emaj-266	136	4	𝑘	𝑘	DET
emaj-266	136	5	𝑝=1	𝑝=1	NOUN
emaj-266	136	6	+	+	CCONJ
emaj-266	136	7	∑	∑	SYM
emaj-266	136	8	𝛽5𝑝∆𝐿𝐴𝐿𝐿𝑡−𝑝	𝛽5𝑝∆𝐿𝐴𝐿𝐿𝑡−𝑝	X
emaj-266	136	9	+	+	CCONJ
emaj-266	136	10	𝑘	𝑘	DET
emaj-266	136	11	𝑝=1	𝑝=1	NOUN
emaj-266	136	12	휀1𝑡	휀1𝑡	PROPN
emaj-266	136	13	looking	look	VERB
emaj-266	136	14	at	at	ADP
emaj-266	136	15	the	the	DET
emaj-266	136	16	equation	equation	NOUN
emaj-266	136	17	where	where	SCONJ
emaj-266	136	18	the	the	DET
emaj-266	136	19	dependent	dependent	ADJ
emaj-266	136	20	variable	variable	NOUN
emaj-266	136	21	is	be	AUX
emaj-266	136	22	the	the	DET
emaj-266	136	23	crypto	crypto	NOUN
emaj-266	136	24	index	index	NOUN
emaj-266	136	25	,	,	PUNCT
emaj-266	136	26	it	it	PRON
emaj-266	136	27	is	be	AUX
emaj-266	136	28	seen	see	VERB
emaj-266	136	29	that	that	SCONJ
emaj-266	136	30	there	there	PRON
emaj-266	136	31	is	be	VERB
emaj-266	136	32	a	a	DET
emaj-266	136	33	twoway	twoway	NOUN
emaj-266	136	34	causality	causality	NOUN
emaj-266	136	35	from	from	ADP
emaj-266	136	36	the	the	DET
emaj-266	136	37	bond	bond	NOUN
emaj-266	136	38	to	to	ADP
emaj-266	136	39	the	the	DET
emaj-266	136	40	crypto	crypto	NOUN
emaj-266	136	41	index	index	NOUN
emaj-266	136	42	and	and	CCONJ
emaj-266	136	43	oneway	oneway	ADJ
emaj-266	136	44	causality	causality	NOUN
emaj-266	136	45	to	to	ADP
emaj-266	136	46	msci	msci	PROPN
emaj-266	136	47	all	all	DET
emaj-266	136	48	world	world	NOUN
emaj-266	136	49	index	index	NOUN
emaj-266	136	50	.	.	PUNCT
emaj-266	137	1	in	in	ADP
emaj-266	137	2	addition	addition	NOUN
emaj-266	137	3	,	,	PUNCT
emaj-266	137	4	when	when	SCONJ
emaj-266	137	5	the	the	DET
emaj-266	137	6	independent	independent	ADJ
emaj-266	137	7	variables	variable	NOUN
emaj-266	137	8	are	be	AUX
emaj-266	137	9	examined	examine	VERB
emaj-266	137	10	whether	whether	SCONJ
emaj-266	137	11	they	they	PRON
emaj-266	137	12	are	be	AUX
emaj-266	137	13	the	the	DET
emaj-266	137	14	cause	cause	NOUN
emaj-266	137	15	of	of	ADP
emaj-266	137	16	the	the	DET
emaj-266	137	17	crypto	crypto	NOUN
emaj-266	137	18	index	index	NOUN
emaj-266	137	19	in	in	ADP
emaj-266	137	20	blocks	block	NOUN
emaj-266	137	21	(	(	PUNCT
emaj-266	137	22	collectively	collectively	ADV
emaj-266	137	23	)	)	PUNCT
emaj-266	137	24	,	,	PUNCT
emaj-266	137	25	it	it	PRON
emaj-266	137	26	is	be	AUX
emaj-266	137	27	possible	possible	ADJ
emaj-266	137	28	to	to	PART
emaj-266	137	29	state	state	VERB
emaj-266	137	30	that	that	SCONJ
emaj-266	137	31	bonds	bond	NOUN
emaj-266	137	32	,	,	PUNCT
emaj-266	137	33	commodities	commodity	NOUN
emaj-266	137	34	,	,	PUNCT
emaj-266	137	35	msci	msci	PROPN
emaj-266	137	36	all	all	DET
emaj-266	137	37	world	world	PROPN
emaj-266	137	38	index	index	PROPN
emaj-266	137	39	,	,	PUNCT
emaj-266	137	40	dollar	dollar	NOUN
emaj-266	137	41	,	,	PUNCT
emaj-266	137	42	and	and	CCONJ
emaj-266	137	43	gold	gold	NOUN
emaj-266	137	44	are	be	AUX
emaj-266	137	45	the	the	DET
emaj-266	137	46	granger	granger	NOUN
emaj-266	137	47	reasons	reason	NOUN
emaj-266	137	48	for	for	ADP
emaj-266	137	49	the	the	DET
emaj-266	137	50	crypto	crypto	NOUN
emaj-266	137	51	index	index	NOUN
emaj-266	137	52	.	.	PUNCT
emaj-266	138	1	iv	iv	X
emaj-266	138	2	.	.	PUNCT
emaj-266	138	3	findings	finding	NOUN
emaj-266	138	4	and	and	CCONJ
emaj-266	138	5	discussion	discussion	NOUN
emaj-266	138	6	the	the	DET
emaj-266	138	7	findings	finding	NOUN
emaj-266	138	8	obtained	obtain	VERB
emaj-266	138	9	while	while	SCONJ
emaj-266	138	10	examining	examine	VERB
emaj-266	138	11	the	the	DET
emaj-266	138	12	relationship	relationship	NOUN
emaj-266	138	13	between	between	ADP
emaj-266	138	14	the	the	DET
emaj-266	138	15	cryptocurrency	cryptocurrency	NOUN
emaj-266	138	16	market	market	NOUN
emaj-266	138	17	and	and	CCONJ
emaj-266	138	18	conventional	conventional	ADJ
emaj-266	138	19	investment	investment	NOUN
emaj-266	138	20	assets	asset	NOUN
emaj-266	138	21	make	make	VERB
emaj-266	138	22	it	it	PRON
emaj-266	138	23	possible	possible	ADJ
emaj-266	138	24	to	to	PART
emaj-266	138	25	draw	draw	VERB
emaj-266	138	26	general	general	ADJ
emaj-266	138	27	conclusions	conclusion	NOUN
emaj-266	138	28	on	on	ADP
emaj-266	138	29	the	the	DET
emaj-266	138	30	subject	subject	NOUN
emaj-266	138	31	.	.	PUNCT
emaj-266	139	1	first	first	ADV
emaj-266	139	2	,	,	PUNCT
emaj-266	139	3	the	the	DET
emaj-266	139	4	empirical	empirical	ADJ
emaj-266	139	5	results	result	NOUN
emaj-266	139	6	show	show	VERB
emaj-266	139	7	a	a	DET
emaj-266	139	8	causal	causal	ADJ
emaj-266	139	9	relationship	relationship	NOUN
emaj-266	139	10	between	between	ADP
emaj-266	139	11	the	the	DET
emaj-266	139	12	conventional	conventional	ADJ
emaj-266	139	13	investment	investment	NOUN
emaj-266	139	14	instruments	instrument	NOUN
emaj-266	139	15	(	(	PUNCT
emaj-266	139	16	stock	stock	NOUN
emaj-266	139	17	market	market	NOUN
emaj-266	139	18	,	,	PUNCT
emaj-266	139	19	bond	bond	NOUN
emaj-266	139	20	,	,	PUNCT
emaj-266	139	21	commodity	commodity	NOUN
emaj-266	139	22	,	,	PUNCT
emaj-266	139	23	gold	gold	NOUN
emaj-266	139	24	,	,	PUNCT
emaj-266	139	25	dollar	dollar	NOUN
emaj-266	139	26	)	)	PUNCT
emaj-266	139	27	and	and	CCONJ
emaj-266	139	28	the	the	DET
emaj-266	139	29	cryptocurrency	cryptocurrency	NOUN
emaj-266	139	30	market	market	NOUN
emaj-266	139	31	.	.	PUNCT
emaj-266	140	1	this	this	DET
emaj-266	140	2	finding	finding	NOUN
emaj-266	140	3	proves	prove	VERB
emaj-266	140	4	that	that	SCONJ
emaj-266	140	5	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	140	6	are	be	AUX
emaj-266	140	7	not	not	PART
emaj-266	140	8	entirely	entirely	ADV
emaj-266	140	9	isolated	isolate	VERB
emaj-266	140	10	from	from	ADP
emaj-266	140	11	conventional	conventional	ADJ
emaj-266	140	12	investment	investment	NOUN
emaj-266	140	13	instruments	instrument	NOUN
emaj-266	140	14	.	.	PUNCT
emaj-266	141	1	this	this	DET
emaj-266	141	2	result	result	NOUN
emaj-266	141	3	parallels	parallel	VERB
emaj-266	141	4	some	some	DET
emaj-266	141	5	studies	study	NOUN
emaj-266	141	6	in	in	ADP
emaj-266	141	7	the	the	DET
emaj-266	141	8	literature	literature	NOUN
emaj-266	141	9	(	(	PUNCT
emaj-266	141	10	kang	kang	PROPN
emaj-266	141	11	et	et	PROPN
emaj-266	141	12	al	al	PROPN
emaj-266	141	13	.	.	PROPN
emaj-266	141	14	,	,	PUNCT
emaj-266	141	15	2020	2020	NUM
emaj-266	141	16	;	;	PUNCT
emaj-266	141	17	briere	briere	PROPN
emaj-266	141	18	et	et	PROPN
emaj-266	141	19	al	al	PROPN
emaj-266	141	20	.	.	PROPN
emaj-266	141	21	,	,	PUNCT
emaj-266	141	22	2015	2015	NUM
emaj-266	141	23	)	)	PUNCT
emaj-266	141	24	.	.	PUNCT
emaj-266	142	1	in	in	ADP
emaj-266	142	2	existing	exist	VERB
emaj-266	142	3	studies	study	NOUN
emaj-266	142	4	,	,	PUNCT
emaj-266	142	5	it	it	PRON
emaj-266	142	6	is	be	AUX
emaj-266	142	7	still	still	ADV
emaj-266	142	8	debated	debate	VERB
emaj-266	142	9	whether	whether	SCONJ
emaj-266	142	10	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	142	11	are	be	AUX
emaj-266	142	12	a	a	DET
emaj-266	142	13	new	new	ADJ
emaj-266	142	14	generation	generation	NOUN
emaj-266	142	15	of	of	ADP
emaj-266	142	16	financial	financial	ADJ
emaj-266	142	17	instruments	instrument	NOUN
emaj-266	142	18	.	.	PUNCT
emaj-266	143	1	while	while	SCONJ
emaj-266	143	2	zang	zang	PROPN
emaj-266	143	3	and	and	CCONJ
emaj-266	143	4	he	he	PRON
emaj-266	143	5	(	(	PUNCT
emaj-266	143	6	2021	2021	NUM
emaj-266	143	7	)	)	PUNCT
emaj-266	143	8	argue	argue	VERB
emaj-266	143	9	that	that	SCONJ
emaj-266	143	10	bitcoin	bitcoin	NOUN
emaj-266	143	11	can	can	AUX
emaj-266	143	12	not	not	PART
emaj-266	143	13	be	be	AUX
emaj-266	143	14	accepted	accept	VERB
emaj-266	143	15	as	as	ADP
emaj-266	143	16	a	a	DET
emaj-266	143	17	new	new	ADJ
emaj-266	143	18	financial	financial	ADJ
emaj-266	143	19	product	product	NOUN
emaj-266	143	20	,	,	PUNCT
emaj-266	143	21	some	some	DET
emaj-266	143	22	studies	study	NOUN
emaj-266	143	23	support	support	VERB
emaj-266	143	24	that	that	SCONJ
emaj-266	143	25	bitcoin	bitcoin	NOUN
emaj-266	143	26	and	and	CCONJ
emaj-266	143	27	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	143	28	are	be	AUX
emaj-266	143	29	alternative	alternative	ADJ
emaj-266	143	30	investment	investment	NOUN
emaj-266	143	31	tools	tool	NOUN
emaj-266	143	32	to	to	ADP
emaj-266	143	33	conventional	conventional	ADJ
emaj-266	143	34	assets	asset	NOUN
emaj-266	143	35	(	(	PUNCT
emaj-266	143	36	dynberg	dynberg	PROPN
emaj-266	143	37	,	,	PUNCT
emaj-266	143	38	2016a	2016a	NUM
emaj-266	143	39	;	;	PUNCT
emaj-266	143	40	dynberg	dynberg	PROPN
emaj-266	143	41	,	,	PUNCT
emaj-266	143	42	2016b	2016b	NUM
emaj-266	143	43	)	)	PUNCT
emaj-266	143	44	.	.	PUNCT
emaj-266	144	1	due	due	ADP
emaj-266	144	2	to	to	ADP
emaj-266	144	3	the	the	DET
emaj-266	144	4	fact	fact	NOUN
emaj-266	144	5	that	that	SCONJ
emaj-266	144	6	cryptocurrency	cryptocurrency	NOUN
emaj-266	144	7	markets	market	NOUN
emaj-266	144	8	interact	interact	VERB
emaj-266	144	9	with	with	ADP
emaj-266	144	10	conventional	conventional	ADJ
emaj-266	144	11	asset	asset	NOUN
emaj-266	144	12	markets	market	NOUN
emaj-266	144	13	and	and	CCONJ
emaj-266	144	14	the	the	DET
emaj-266	144	15	movements	movement	NOUN
emaj-266	144	16	in	in	ADP
emaj-266	144	17	conventional	conventional	ADJ
emaj-266	144	18	investment	investment	NOUN
emaj-266	144	19	instruments	instrument	NOUN
emaj-266	144	20	affect	affect	VERB
emaj-266	144	21	the	the	DET
emaj-266	144	22	cryptocurrency	cryptocurrency	NOUN
emaj-266	144	23	markets	market	NOUN
emaj-266	144	24	,	,	PUNCT
emaj-266	144	25	findings	finding	NOUN
emaj-266	144	26	of	of	ADP
emaj-266	144	27	this	this	DET
emaj-266	144	28	research	research	NOUN
emaj-266	144	29	also	also	ADV
emaj-266	144	30	support	support	VERB
emaj-266	144	31	the	the	DET
emaj-266	144	32	idea	idea	NOUN
emaj-266	144	33	that	that	SCONJ
emaj-266	144	34	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	144	35	are	be	AUX
emaj-266	144	36	an	an	DET
emaj-266	144	37	alternative	alternative	ADJ
emaj-266	144	38	investment	investment	NOUN
emaj-266	144	39	tool	tool	NOUN
emaj-266	144	40	for	for	ADP
emaj-266	144	41	investors	investor	NOUN
emaj-266	144	42	.	.	PUNCT
emaj-266	145	1	secondly	secondly	ADV
emaj-266	145	2	,	,	PUNCT
emaj-266	145	3	our	our	PRON
emaj-266	145	4	empirical	empirical	ADJ
emaj-266	145	5	results	result	NOUN
emaj-266	145	6	have	have	AUX
emaj-266	145	7	determined	determine	VERB
emaj-266	145	8	a	a	DET
emaj-266	145	9	causal	causal	ADJ
emaj-266	145	10	relationship	relationship	NOUN
emaj-266	145	11	between	between	ADP
emaj-266	145	12	cryptocurrency	cryptocurrency	NOUN
emaj-266	145	13	markets	market	NOUN
emaj-266	145	14	and	and	CCONJ
emaj-266	145	15	msci	msci	PROPN
emaj-266	145	16	acwi	acwi	VERB
emaj-266	145	17	index	index	NOUN
emaj-266	145	18	.	.	PUNCT
emaj-266	146	1	the	the	DET
emaj-266	146	2	result	result	NOUN
emaj-266	146	3	obtained	obtain	VERB
emaj-266	146	4	reveals	reveal	VERB
emaj-266	146	5	the	the	DET
emaj-266	146	6	interaction	interaction	NOUN
emaj-266	146	7	between	between	ADP
emaj-266	146	8	the	the	DET
emaj-266	146	9	cryptocurrency	cryptocurrency	NOUN
emaj-266	146	10	market	market	NOUN
emaj-266	146	11	and	and	CCONJ
emaj-266	146	12	stock	stock	NOUN
emaj-266	146	13	markets	market	NOUN
emaj-266	146	14	.	.	PUNCT
emaj-266	147	1	in	in	ADP
emaj-266	147	2	addition	addition	NOUN
emaj-266	147	3	,	,	PUNCT
emaj-266	147	4	these	these	DET
emaj-266	147	5	findings	finding	NOUN
emaj-266	147	6	are	be	AUX
emaj-266	147	7	compatible	compatible	ADJ
emaj-266	147	8	with	with	ADP
emaj-266	147	9	existing	exist	VERB
emaj-266	147	10	studies	study	NOUN
emaj-266	147	11	in	in	ADP
emaj-266	147	12	the	the	DET
emaj-266	147	13	literature	literature	NOUN
emaj-266	147	14	(	(	PUNCT
emaj-266	147	15	vardar	vardar	NOUN
emaj-266	147	16	and	and	CCONJ
emaj-266	147	17	aydoğan	aydoğan	NOUN
emaj-266	147	18	,	,	PUNCT
emaj-266	147	19	2019	2019	NUM
emaj-266	147	20	;	;	PUNCT
emaj-266	148	1	mizerka	mizerka	PROPN
emaj-266	148	2	et	et	PROPN
emaj-266	148	3	al	al	PROPN
emaj-266	148	4	.	.	PROPN
emaj-266	148	5	,	,	PUNCT
emaj-266	148	6	2020	2020	NUM
emaj-266	148	7	;	;	PUNCT
emaj-266	148	8	de	de	X
emaj-266	148	9	senna	senna	NOUN
emaj-266	148	10	and	and	CCONJ
emaj-266	148	11	souza	souza	NOUN
emaj-266	148	12	,	,	PUNCT
emaj-266	148	13	2022	2022	NUM
emaj-266	148	14	;	;	PUNCT
emaj-266	148	15	panagiotidis	panagiotidi	NOUN
emaj-266	148	16	et	et	PROPN
emaj-266	148	17	al	al	PROPN
emaj-266	148	18	.	.	PROPN
emaj-266	148	19	,	,	PUNCT
emaj-266	148	20	2019	2019	NUM
emaj-266	148	21	)	)	PUNCT
emaj-266	148	22	.	.	PUNCT
emaj-266	149	1	in	in	ADP
emaj-266	149	2	addition	addition	NOUN
emaj-266	149	3	,	,	PUNCT
emaj-266	149	4	various	various	ADJ
emaj-266	149	5	studies	study	NOUN
emaj-266	149	6	in	in	ADP
emaj-266	149	7	the	the	DET
emaj-266	149	8	literature	literature	NOUN
emaj-266	149	9	investigate	investigate	VERB
emaj-266	149	10	the	the	DET
emaj-266	149	11	causal	causal	ADJ
emaj-266	149	12	relationship	relationship	NOUN
emaj-266	149	13	between	between	ADP
emaj-266	149	14	some	some	DET
emaj-266	149	15	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	149	16	and	and	CCONJ
emaj-266	149	17	conventional	conventional	ADJ
emaj-266	149	18	stock	stock	NOUN
emaj-266	149	19	markets	market	NOUN
emaj-266	149	20	.	.	PUNCT
emaj-266	150	1	in	in	ADP
emaj-266	150	2	a	a	DET
emaj-266	150	3	study	study	NOUN
emaj-266	150	4	conducted	conduct	VERB
emaj-266	150	5	by	by	ADP
emaj-266	150	6	xunfa	xunfa	PROPN
emaj-266	150	7	et	et	PROPN
emaj-266	150	8	al	al	PROPN
emaj-266	150	9	.	.	PROPN
emaj-266	150	10	(	(	PUNCT
emaj-266	150	11	2020	2020	NUM
emaj-266	150	12	)	)	PUNCT
emaj-266	150	13	,	,	PUNCT
emaj-266	150	14	a	a	DET
emaj-266	150	15	granger	granger	PROPN
emaj-266	150	16	causality	causality	NOUN
emaj-266	150	17	relationship	relationship	NOUN
emaj-266	150	18	could	could	AUX
emaj-266	150	19	not	not	PART
emaj-266	150	20	be	be	AUX
emaj-266	150	21	determined	determine	VERB
emaj-266	150	22	among	among	ADP
emaj-266	150	23	the	the	DET
emaj-266	150	24	30	30	NUM
emaj-266	150	25	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	150	26	they	they	PRON
emaj-266	150	27	included	include	VERB
emaj-266	150	28	in	in	ADP
emaj-266	150	29	the	the	DET
emaj-266	150	30	data	datum	NOUN
emaj-266	150	31	set	set	VERB
emaj-266	150	32	and	and	CCONJ
emaj-266	150	33	the	the	DET
emaj-266	150	34	emerging	emerge	VERB
emaj-266	150	35	stock	stock	NOUN
emaj-266	150	36	markets	market	NOUN
emaj-266	150	37	.	.	PUNCT
emaj-266	151	1	this	this	DET
emaj-266	151	2	relationship	relationship	NOUN
emaj-266	151	3	was	be	AUX
emaj-266	151	4	also	also	ADV
emaj-266	151	5	tested	test	VERB
emaj-266	151	6	with	with	ADP
emaj-266	151	7	liang	liang	PROPN
emaj-266	151	8	's	's	PART
emaj-266	151	9	causality	causality	NOUN
emaj-266	151	10	analysis	analysis	NOUN
emaj-266	151	11	in	in	ADP
emaj-266	151	12	the	the	DET
emaj-266	151	13	same	same	ADJ
emaj-266	151	14	study	study	NOUN
emaj-266	151	15	and	and	CCONJ
emaj-266	151	16	a	a	DET
emaj-266	151	17	one	one	NUM
emaj-266	151	18	-	-	PUNCT
emaj-266	151	19	way	way	NOUN
emaj-266	151	20	relationship	relationship	NOUN
emaj-266	151	21	from	from	ADP
emaj-266	151	22	the	the	DET
emaj-266	151	23	cryptocurrency	cryptocurrency	NOUN
emaj-266	151	24	market	market	NOUN
emaj-266	151	25	to	to	ADP
emaj-266	151	26	the	the	DET
emaj-266	151	27	emerging	emerge	VERB
emaj-266	151	28	stock	stock	NOUN
emaj-266	151	29	markets	market	NOUN
emaj-266	151	30	was	be	AUX
emaj-266	151	31	found	find	VERB
emaj-266	151	32	in	in	ADP
emaj-266	151	33	the	the	DET
emaj-266	151	34	short	short	ADJ
emaj-266	151	35	-	-	PUNCT
emaj-266	151	36	term	term	NOUN
emaj-266	151	37	.	.	PUNCT
emaj-266	152	1	various	various	ADJ
emaj-266	152	2	studies	study	NOUN
emaj-266	152	3	in	in	ADP
emaj-266	152	4	the	the	DET
emaj-266	152	5	literature	literature	NOUN
emaj-266	152	6	examine	examine	VERB
emaj-266	152	7	the	the	DET
emaj-266	152	8	relationship	relationship	NOUN
emaj-266	152	9	between	between	ADP
emaj-266	152	10	bitcoin	bitcoin	ADJ
emaj-266	152	11	and	and	CCONJ
emaj-266	152	12	conventional	conventional	ADJ
emaj-266	152	13	stock	stock	NOUN
emaj-266	152	14	markets	market	NOUN
emaj-266	152	15	.	.	PUNCT
emaj-266	153	1	in	in	ADP
emaj-266	153	2	the	the	DET
emaj-266	153	3	volume	volume	NOUN
emaj-266	153	4	12	12	NUM
emaj-266	153	5	no	no	DET
emaj-266	153	6	2	2	NUM
emaj-266	153	7	(	(	PUNCT
emaj-266	153	8	2022	2022	NUM
emaj-266	153	9	)	)	PUNCT
emaj-266	153	10	|	|	ADV
emaj-266	153	11	issn	issn	VERB
emaj-266	153	12	2158	2158	NUM
emaj-266	153	13	-	-	SYM
emaj-266	153	14	8708	8708	NUM
emaj-266	153	15	(	(	PUNCT
emaj-266	153	16	online	online	NOUN
emaj-266	153	17	)	)	PUNCT
emaj-266	153	18	|	|	ADV
emaj-266	153	19	doi	doi	X
emaj-266	153	20	10.5195	10.5195	NUM
emaj-266	153	21	/	/	SYM
emaj-266	153	22	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	153	23	|	|	ADV
emaj-266	153	24	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-266	153	25	investigating	investigate	VERB
emaj-266	153	26	the	the	DET
emaj-266	153	27	market	market	NOUN
emaj-266	153	28	linkages	linkage	NOUN
emaj-266	153	29	between	between	ADP
emaj-266	153	30	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	153	31	and	and	CCONJ
emaj-266	153	32	conventional	conventional	ADJ
emaj-266	153	33	assets	asset	NOUN
emaj-266	153	34	page	page	NOUN
emaj-266	153	35	|42|	|42|	VERB
emaj-266	153	36	emerging	emerge	VERB
emaj-266	153	37	markets	market	NOUN
emaj-266	153	38	journal	journal	NOUN
emaj-266	153	39	study	study	NOUN
emaj-266	153	40	by	by	ADP
emaj-266	153	41	maghyereh	maghyereh	NOUN
emaj-266	153	42	and	and	CCONJ
emaj-266	153	43	abdoh	abdoh	NOUN
emaj-266	153	44	(	(	PUNCT
emaj-266	153	45	2021	2021	NUM
emaj-266	153	46	)	)	PUNCT
emaj-266	153	47	,	,	PUNCT
emaj-266	153	48	a	a	DET
emaj-266	153	49	causal	causal	ADJ
emaj-266	153	50	relationship	relationship	NOUN
emaj-266	153	51	between	between	ADP
emaj-266	153	52	bitcoin	bitcoin	PROPN
emaj-266	153	53	and	and	CCONJ
emaj-266	153	54	msci	msci	PROPN
emaj-266	153	55	acwi	acwi	NOUN
emaj-266	153	56	index	index	NOUN
emaj-266	153	57	was	be	AUX
emaj-266	153	58	determined	determine	VERB
emaj-266	153	59	.	.	PUNCT
emaj-266	154	1	in	in	ADP
emaj-266	154	2	the	the	DET
emaj-266	154	3	study	study	NOUN
emaj-266	154	4	conducted	conduct	VERB
emaj-266	154	5	by	by	ADP
emaj-266	154	6	unvan	unvan	ADJ
emaj-266	154	7	(	(	PUNCT
emaj-266	154	8	2021	2021	NUM
emaj-266	154	9	)	)	PUNCT
emaj-266	154	10	,	,	PUNCT
emaj-266	154	11	the	the	DET
emaj-266	154	12	causality	causality	NOUN
emaj-266	154	13	relationship	relationship	NOUN
emaj-266	154	14	between	between	ADP
emaj-266	154	15	bitcoin	bitcoin	PROPN
emaj-266	154	16	and	and	CCONJ
emaj-266	154	17	the	the	DET
emaj-266	154	18	stock	stock	NOUN
emaj-266	154	19	markets	market	NOUN
emaj-266	154	20	of	of	ADP
emaj-266	154	21	japan	japan	PROPN
emaj-266	154	22	,	,	PUNCT
emaj-266	154	23	china	china	PROPN
emaj-266	154	24	,	,	PUNCT
emaj-266	154	25	turkey	turkey	PROPN
emaj-266	154	26	,	,	PUNCT
emaj-266	154	27	and	and	CCONJ
emaj-266	154	28	the	the	DET
emaj-266	154	29	usa	usa	PROPN
emaj-266	154	30	was	be	AUX
emaj-266	154	31	examined	examine	VERB
emaj-266	154	32	and	and	CCONJ
emaj-266	154	33	a	a	DET
emaj-266	154	34	two	two	NUM
emaj-266	154	35	-	-	PUNCT
emaj-266	154	36	way	way	NOUN
emaj-266	154	37	causality	causality	NOUN
emaj-266	154	38	relationship	relationship	NOUN
emaj-266	154	39	was	be	AUX
emaj-266	154	40	determined	determine	VERB
emaj-266	154	41	only	only	ADV
emaj-266	154	42	with	with	ADP
emaj-266	154	43	the	the	DET
emaj-266	154	44	turkish	turkish	ADJ
emaj-266	154	45	stock	stock	NOUN
emaj-266	154	46	markets	market	NOUN
emaj-266	154	47	.	.	PUNCT
emaj-266	155	1	the	the	DET
emaj-266	155	2	study	study	NOUN
emaj-266	155	3	also	also	ADV
emaj-266	155	4	revealed	reveal	VERB
emaj-266	155	5	a	a	DET
emaj-266	155	6	bidirectional	bidirectional	ADJ
emaj-266	155	7	causality	causality	NOUN
emaj-266	155	8	between	between	ADP
emaj-266	155	9	the	the	DET
emaj-266	155	10	pimco	pimco	PROPN
emaj-266	155	11	global	global	ADJ
emaj-266	155	12	bond	bond	NOUN
emaj-266	155	13	index	index	NOUN
emaj-266	155	14	and	and	CCONJ
emaj-266	155	15	the	the	DET
emaj-266	155	16	cryptocurrency	cryptocurrency	NOUN
emaj-266	155	17	market	market	NOUN
emaj-266	155	18	.	.	PUNCT
emaj-266	156	1	there	there	PRON
emaj-266	156	2	are	be	VERB
emaj-266	156	3	studies	study	NOUN
emaj-266	156	4	in	in	ADP
emaj-266	156	5	the	the	DET
emaj-266	156	6	literature	literature	NOUN
emaj-266	156	7	that	that	PRON
emaj-266	156	8	support	support	VERB
emaj-266	156	9	our	our	PRON
emaj-266	156	10	findings	finding	NOUN
emaj-266	156	11	(	(	PUNCT
emaj-266	156	12	nunes	nune	NOUN
emaj-266	156	13	,	,	PUNCT
emaj-266	156	14	2017	2017	NUM
emaj-266	156	15	;	;	PUNCT
emaj-266	156	16	milunovich	milunovich	PROPN
emaj-266	156	17	,	,	PUNCT
emaj-266	156	18	2018	2018	NUM
emaj-266	156	19	;	;	PUNCT
emaj-266	156	20	oktar	oktar	PROPN
emaj-266	156	21	&	&	CCONJ
emaj-266	156	22	salihoğlu	salihoğlu	PROPN
emaj-266	156	23	,	,	PUNCT
emaj-266	156	24	2018	2018	NUM
emaj-266	156	25	;	;	PUNCT
emaj-266	156	26	vardar	vardar	NOUN
emaj-266	156	27	&	&	CCONJ
emaj-266	156	28	aydoğan	aydoğan	PROPN
emaj-266	156	29	,	,	PUNCT
emaj-266	156	30	2019	2019	NUM
emaj-266	156	31	)	)	PUNCT
emaj-266	156	32	.	.	PUNCT
emaj-266	157	1	since	since	SCONJ
emaj-266	157	2	the	the	DET
emaj-266	157	3	bond	bond	NOUN
emaj-266	157	4	markets	market	NOUN
emaj-266	157	5	are	be	AUX
emaj-266	157	6	one	one	NUM
emaj-266	157	7	of	of	ADP
emaj-266	157	8	the	the	DET
emaj-266	157	9	leading	lead	VERB
emaj-266	157	10	indicators	indicator	NOUN
emaj-266	157	11	of	of	ADP
emaj-266	157	12	the	the	DET
emaj-266	157	13	direction	direction	NOUN
emaj-266	157	14	of	of	ADP
emaj-266	157	15	the	the	DET
emaj-266	157	16	global	global	ADJ
emaj-266	157	17	conjuncture	conjuncture	NOUN
emaj-266	157	18	for	for	ADP
emaj-266	157	19	investors	investor	NOUN
emaj-266	157	20	,	,	PUNCT
emaj-266	157	21	this	this	DET
emaj-266	157	22	finding	finding	NOUN
emaj-266	157	23	might	might	AUX
emaj-266	157	24	help	help	VERB
emaj-266	157	25	to	to	PART
emaj-266	157	26	shape	shape	VERB
emaj-266	157	27	investors	investor	NOUN
emaj-266	157	28	'	'	PART
emaj-266	157	29	investment	investment	NOUN
emaj-266	157	30	strategies	strategy	NOUN
emaj-266	157	31	,	,	PUNCT
emaj-266	157	32	especially	especially	ADV
emaj-266	157	33	during	during	ADP
emaj-266	157	34	economic	economic	ADJ
emaj-266	157	35	and	and	CCONJ
emaj-266	157	36	political	political	ADJ
emaj-266	157	37	uncertainty	uncertainty	NOUN
emaj-266	157	38	times	time	NOUN
emaj-266	157	39	(	(	PUNCT
emaj-266	157	40	papadamou	papadamou	ADV
emaj-266	157	41	et	et	PROPN
emaj-266	157	42	al	al	PROPN
emaj-266	157	43	.	.	PROPN
emaj-266	157	44	,	,	PUNCT
emaj-266	157	45	2021	2021	NUM
emaj-266	157	46	)	)	PUNCT
emaj-266	157	47	.	.	PUNCT
emaj-266	158	1	v.	v.	ADP
emaj-266	158	2	conclusion	conclusion	NOUN
emaj-266	158	3	and	and	CCONJ
emaj-266	158	4	further	further	ADJ
emaj-266	158	5	research	research	NOUN
emaj-266	158	6	directions	direction	NOUN
emaj-266	158	7	this	this	DET
emaj-266	158	8	article	article	NOUN
emaj-266	158	9	explored	explore	VERB
emaj-266	158	10	the	the	DET
emaj-266	158	11	relationship	relationship	NOUN
emaj-266	158	12	between	between	ADP
emaj-266	158	13	the	the	DET
emaj-266	158	14	cryptocurrency	cryptocurrency	NOUN
emaj-266	158	15	market	market	NOUN
emaj-266	158	16	and	and	CCONJ
emaj-266	158	17	conventional	conventional	ADJ
emaj-266	158	18	investment	investment	NOUN
emaj-266	158	19	instruments	instrument	NOUN
emaj-266	158	20	.	.	PUNCT
emaj-266	159	1	the	the	DET
emaj-266	159	2	scarce	scarce	ADJ
emaj-266	159	3	literature	literature	NOUN
emaj-266	159	4	on	on	ADP
emaj-266	159	5	the	the	DET
emaj-266	159	6	subject	subject	NOUN
emaj-266	159	7	constitutes	constitute	VERB
emaj-266	159	8	the	the	DET
emaj-266	159	9	motivation	motivation	NOUN
emaj-266	159	10	of	of	ADP
emaj-266	159	11	this	this	DET
emaj-266	159	12	study	study	NOUN
emaj-266	159	13	.	.	PUNCT
emaj-266	160	1	research	research	NOUN
emaj-266	160	2	seeks	seek	VERB
emaj-266	160	3	to	to	PART
emaj-266	160	4	bridge	bridge	VERB
emaj-266	160	5	this	this	DET
emaj-266	160	6	gap	gap	NOUN
emaj-266	160	7	by	by	ADP
emaj-266	160	8	exploring	explore	VERB
emaj-266	160	9	the	the	DET
emaj-266	160	10	interaction	interaction	NOUN
emaj-266	160	11	between	between	ADP
emaj-266	160	12	the	the	DET
emaj-266	160	13	cryptocurrency	cryptocurrency	NOUN
emaj-266	160	14	market	market	NOUN
emaj-266	160	15	and	and	CCONJ
emaj-266	160	16	conventional	conventional	ADJ
emaj-266	160	17	investment	investment	NOUN
emaj-266	160	18	instruments	instrument	NOUN
emaj-266	160	19	.	.	PUNCT
emaj-266	161	1	for	for	ADP
emaj-266	161	2	this	this	DET
emaj-266	161	3	purpose	purpose	NOUN
emaj-266	161	4	,	,	PUNCT
emaj-266	161	5	the	the	DET
emaj-266	161	6	granger	granger	PROPN
emaj-266	161	7	causality	causality	PROPN
emaj-266	161	8	test	test	NOUN
emaj-266	161	9	was	be	AUX
emaj-266	161	10	applied	apply	VERB
emaj-266	161	11	to	to	PART
emaj-266	161	12	explore	explore	VERB
emaj-266	161	13	the	the	DET
emaj-266	161	14	relationship	relationship	NOUN
emaj-266	161	15	among	among	ADP
emaj-266	161	16	s&p	s&p	PROPN
emaj-266	161	17	cryptocurrency	cryptocurrency	NOUN
emaj-266	161	18	broad	broad	ADJ
emaj-266	161	19	digital	digital	ADJ
emaj-266	161	20	market	market	NOUN
emaj-266	161	21	index	index	NOUN
emaj-266	161	22	,	,	PUNCT
emaj-266	161	23	msci	msci	PROPN
emaj-266	161	24	acwi	acwi	VERB
emaj-266	161	25	index	index	NOUN
emaj-266	161	26	,	,	PUNCT
emaj-266	161	27	us	us	PROPN
emaj-266	161	28	dollar	dollar	NOUN
emaj-266	161	29	index	index	NOUN
emaj-266	161	30	,	,	PUNCT
emaj-266	161	31	s&p	s&p	PROPN
emaj-266	161	32	gsci	gsci	PROPN
emaj-266	161	33	commodity	commodity	NOUN
emaj-266	161	34	index	index	NOUN
emaj-266	161	35	,	,	PUNCT
emaj-266	161	36	pimco	pimco	PROPN
emaj-266	161	37	global	global	ADJ
emaj-266	161	38	bond	bond	NOUN
emaj-266	161	39	opportunities	opportunity	NOUN
emaj-266	161	40	fund	fund	NOUN
emaj-266	161	41	,	,	PUNCT
emaj-266	161	42	and	and	CCONJ
emaj-266	161	43	gold	gold	NOUN
emaj-266	161	44	ounce	ounce	NOUN
emaj-266	161	45	price	price	NOUN
emaj-266	161	46	variables	variable	NOUN
emaj-266	161	47	at	at	ADP
emaj-266	161	48	a	a	DET
emaj-266	161	49	daily	daily	ADJ
emaj-266	161	50	frequency	frequency	NOUN
emaj-266	161	51	within	within	ADP
emaj-266	161	52	the	the	DET
emaj-266	161	53	period	period	NOUN
emaj-266	161	54	28.02.2017	28.02.2017	NUM
emaj-266	161	55	-	-	SYM
emaj-266	161	56	18.01.2021	18.01.2021	NUM
emaj-266	161	57	.	.	PUNCT
emaj-266	162	1	according	accord	VERB
emaj-266	162	2	to	to	ADP
emaj-266	162	3	the	the	DET
emaj-266	162	4	results	result	NOUN
emaj-266	162	5	obtained	obtain	VERB
emaj-266	162	6	,	,	PUNCT
emaj-266	162	7	one	one	NUM
emaj-266	162	8	-	-	PUNCT
emaj-266	162	9	way	way	NOUN
emaj-266	162	10	granger	granger	NOUN
emaj-266	162	11	causality	causality	PROPN
emaj-266	162	12	has	have	AUX
emaj-266	162	13	been	be	AUX
emaj-266	162	14	observed	observe	VERB
emaj-266	162	15	from	from	ADP
emaj-266	162	16	all	all	DET
emaj-266	162	17	the	the	DET
emaj-266	162	18	variables	variable	NOUN
emaj-266	162	19	that	that	PRON
emaj-266	162	20	make	make	VERB
emaj-266	162	21	up	up	ADP
emaj-266	162	22	the	the	DET
emaj-266	162	23	data	datum	NOUN
emaj-266	162	24	set	set	VERB
emaj-266	162	25	to	to	ADP
emaj-266	162	26	the	the	DET
emaj-266	162	27	cryptocurrency	cryptocurrency	NOUN
emaj-266	162	28	index	index	NOUN
emaj-266	162	29	.	.	PUNCT
emaj-266	163	1	in	in	ADP
emaj-266	163	2	addition	addition	NOUN
emaj-266	163	3	,	,	PUNCT
emaj-266	163	4	a	a	DET
emaj-266	163	5	one	one	NUM
emaj-266	163	6	-	-	PUNCT
emaj-266	163	7	way	way	NOUN
emaj-266	163	8	causality	causality	NOUN
emaj-266	163	9	relationship	relationship	NOUN
emaj-266	163	10	has	have	AUX
emaj-266	163	11	been	be	AUX
emaj-266	163	12	determined	determine	VERB
emaj-266	163	13	between	between	ADP
emaj-266	163	14	the	the	DET
emaj-266	163	15	msci	msci	PROPN
emaj-266	163	16	acwi	acwi	VERB
emaj-266	163	17	index	index	NOUN
emaj-266	163	18	and	and	CCONJ
emaj-266	163	19	the	the	DET
emaj-266	163	20	cryptocurrency	cryptocurrency	NOUN
emaj-266	163	21	index	index	NOUN
emaj-266	163	22	.	.	PUNCT
emaj-266	164	1	the	the	DET
emaj-266	164	2	most	most	ADV
emaj-266	164	3	striking	striking	ADJ
emaj-266	164	4	result	result	NOUN
emaj-266	164	5	of	of	ADP
emaj-266	164	6	research	research	NOUN
emaj-266	164	7	analysis	analysis	NOUN
emaj-266	164	8	is	be	AUX
emaj-266	164	9	the	the	DET
emaj-266	164	10	bidirectional	bidirectional	ADJ
emaj-266	164	11	causality	causality	NOUN
emaj-266	164	12	between	between	ADP
emaj-266	164	13	the	the	DET
emaj-266	164	14	pimco	pimco	PROPN
emaj-266	164	15	global	global	ADJ
emaj-266	164	16	bond	bond	NOUN
emaj-266	164	17	opportunities	opportunity	NOUN
emaj-266	164	18	fund	fund	PROPN
emaj-266	164	19	,	,	PUNCT
emaj-266	164	20	which	which	PRON
emaj-266	164	21	represents	represent	VERB
emaj-266	164	22	the	the	DET
emaj-266	164	23	global	global	ADJ
emaj-266	164	24	bond	bond	NOUN
emaj-266	164	25	market	market	NOUN
emaj-266	164	26	,	,	PUNCT
emaj-266	164	27	and	and	CCONJ
emaj-266	164	28	the	the	DET
emaj-266	164	29	s&p	s&p	PROPN
emaj-266	164	30	cryptocurrency	cryptocurrency	NOUN
emaj-266	164	31	broad	broad	ADJ
emaj-266	164	32	digital	digital	ADJ
emaj-266	164	33	market	market	NOUN
emaj-266	164	34	index	index	NOUN
emaj-266	164	35	.	.	PUNCT
emaj-266	165	1	the	the	DET
emaj-266	165	2	changes	change	NOUN
emaj-266	165	3	in	in	ADP
emaj-266	165	4	the	the	DET
emaj-266	165	5	bond	bond	NOUN
emaj-266	165	6	markets	market	NOUN
emaj-266	165	7	give	give	VERB
emaj-266	165	8	investors	investor	NOUN
emaj-266	165	9	important	important	ADJ
emaj-266	165	10	signals	signal	NOUN
emaj-266	165	11	about	about	ADP
emaj-266	165	12	the	the	DET
emaj-266	165	13	global	global	ADJ
emaj-266	165	14	economy	economy	NOUN
emaj-266	165	15	's	's	PART
emaj-266	165	16	direction	direction	NOUN
emaj-266	165	17	.	.	PUNCT
emaj-266	166	1	since	since	SCONJ
emaj-266	166	2	bond	bond	NOUN
emaj-266	166	3	markets	market	NOUN
emaj-266	166	4	are	be	AUX
emaj-266	166	5	deep	deep	ADJ
emaj-266	166	6	and	and	CCONJ
emaj-266	166	7	calm	calm	ADJ
emaj-266	166	8	by	by	ADP
emaj-266	166	9	nature	nature	NOUN
emaj-266	166	10	,	,	PUNCT
emaj-266	166	11	it	it	PRON
emaj-266	166	12	is	be	AUX
emaj-266	166	13	possible	possible	ADJ
emaj-266	166	14	to	to	PART
emaj-266	166	15	analyze	analyze	VERB
emaj-266	166	16	sudden	sudden	ADJ
emaj-266	166	17	changes	change	NOUN
emaj-266	166	18	in	in	ADP
emaj-266	166	19	global	global	ADJ
emaj-266	166	20	economic	economic	ADJ
emaj-266	166	21	conditions	condition	NOUN
emaj-266	166	22	through	through	ADP
emaj-266	166	23	bond	bond	NOUN
emaj-266	166	24	markets	market	NOUN
emaj-266	166	25	.	.	PUNCT
emaj-266	167	1	therefore	therefore	ADV
emaj-266	167	2	,	,	PUNCT
emaj-266	167	3	the	the	DET
emaj-266	167	4	bidirectional	bidirectional	ADJ
emaj-266	167	5	causality	causality	NOUN
emaj-266	167	6	relationship	relationship	NOUN
emaj-266	167	7	between	between	ADP
emaj-266	167	8	cryptocurrency	cryptocurrency	NOUN
emaj-266	167	9	markets	market	NOUN
emaj-266	167	10	and	and	CCONJ
emaj-266	167	11	bond	bond	NOUN
emaj-266	167	12	markets	market	NOUN
emaj-266	167	13	should	should	AUX
emaj-266	167	14	be	be	AUX
emaj-266	167	15	addressed	address	VERB
emaj-266	167	16	in	in	ADP
emaj-266	167	17	this	this	DET
emaj-266	167	18	direction	direction	NOUN
emaj-266	167	19	.	.	PUNCT
emaj-266	168	1	the	the	DET
emaj-266	168	2	environment	environment	NOUN
emaj-266	168	3	of	of	ADP
emaj-266	168	4	uncertainty	uncertainty	NOUN
emaj-266	168	5	created	create	VERB
emaj-266	168	6	by	by	ADP
emaj-266	168	7	the	the	DET
emaj-266	168	8	recent	recent	ADJ
emaj-266	168	9	covid-19	covid-19	PROPN
emaj-266	168	10	pandemic	pandemic	NOUN
emaj-266	168	11	has	have	AUX
emaj-266	168	12	affected	affect	VERB
emaj-266	168	13	both	both	CCONJ
emaj-266	168	14	the	the	DET
emaj-266	168	15	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	168	16	and	and	CCONJ
emaj-266	168	17	the	the	DET
emaj-266	168	18	conventional	conventional	ADJ
emaj-266	168	19	markets	market	NOUN
emaj-266	168	20	.	.	PUNCT
emaj-266	169	1	especially	especially	ADV
emaj-266	169	2	in	in	ADP
emaj-266	169	3	this	this	DET
emaj-266	169	4	period	period	NOUN
emaj-266	169	5	,	,	PUNCT
emaj-266	169	6	the	the	DET
emaj-266	169	7	monetary	monetary	ADJ
emaj-266	169	8	support	support	NOUN
emaj-266	169	9	of	of	ADP
emaj-266	169	10	governments	government	NOUN
emaj-266	169	11	to	to	ADP
emaj-266	169	12	their	their	PRON
emaj-266	169	13	citizens	citizen	NOUN
emaj-266	169	14	determined	determine	VERB
emaj-266	169	15	the	the	DET
emaj-266	169	16	direction	direction	NOUN
emaj-266	169	17	of	of	ADP
emaj-266	169	18	conventional	conventional	ADJ
emaj-266	169	19	assets	asset	NOUN
emaj-266	169	20	and	and	CCONJ
emaj-266	169	21	cryptocurrency	cryptocurrency	NOUN
emaj-266	169	22	markets	market	NOUN
emaj-266	169	23	.	.	PUNCT
emaj-266	170	1	the	the	DET
emaj-266	170	2	governments	government	NOUN
emaj-266	170	3	'	'	PART
emaj-266	170	4	monetary	monetary	ADJ
emaj-266	170	5	expansion	expansion	NOUN
emaj-266	170	6	policies	policy	NOUN
emaj-266	170	7	of	of	ADP
emaj-266	170	8	13	13	NUM
emaj-266	170	9	trillion	trillion	NUM
emaj-266	170	10	dollars	dollar	NOUN
emaj-266	170	11	in	in	ADP
emaj-266	170	12	the	the	DET
emaj-266	170	13	mentioned	mention	VERB
emaj-266	170	14	period	period	NOUN
emaj-266	170	15	enabled	enable	VERB
emaj-266	170	16	the	the	DET
emaj-266	170	17	market	market	NOUN
emaj-266	170	18	value	value	NOUN
emaj-266	170	19	of	of	ADP
emaj-266	170	20	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	170	21	to	to	PART
emaj-266	170	22	reach	reach	VERB
emaj-266	170	23	approximately	approximately	ADV
emaj-266	170	24	3	3	NUM
emaj-266	170	25	trillion	trillion	NUM
emaj-266	170	26	dollars	dollar	NOUN
emaj-266	170	27	(	(	PUNCT
emaj-266	170	28	nasdaq	nasdaq	NOUN
emaj-266	170	29	,	,	PUNCT
emaj-266	170	30	2022	2022	NUM
emaj-266	170	31	;	;	PUNCT
emaj-266	170	32	coinmarketcap	coinmarketcap	NOUN
emaj-266	170	33	,	,	PUNCT
emaj-266	170	34	2022	2022	NUM
emaj-266	170	35	)	)	PUNCT
emaj-266	170	36	.	.	PUNCT
emaj-266	171	1	in	in	ADP
emaj-266	171	2	the	the	DET
emaj-266	171	3	post	post	ADJ
emaj-266	171	4	-	-	ADJ
emaj-266	171	5	covid	covid	ADJ
emaj-266	171	6	period	period	NOUN
emaj-266	171	7	,	,	PUNCT
emaj-266	171	8	the	the	DET
emaj-266	171	9	inflationary	inflationary	ADJ
emaj-266	171	10	environment	environment	NOUN
emaj-266	171	11	that	that	PRON
emaj-266	171	12	is	be	AUX
emaj-266	171	13	expected	expect	VERB
emaj-266	171	14	to	to	PART
emaj-266	171	15	be	be	AUX
emaj-266	171	16	experienced	experience	VERB
emaj-266	171	17	on	on	ADP
emaj-266	171	18	a	a	DET
emaj-266	171	19	global	global	ADJ
emaj-266	171	20	scale	scale	NOUN
emaj-266	171	21	has	have	AUX
emaj-266	171	22	increased	increase	VERB
emaj-266	171	23	investors	investor	NOUN
emaj-266	171	24	'	'	PART
emaj-266	171	25	search	search	NOUN
emaj-266	171	26	for	for	ADP
emaj-266	171	27	a	a	DET
emaj-266	171	28	safe	safe	ADJ
emaj-266	171	29	haven	haven	NOUN
emaj-266	171	30	.	.	PUNCT
emaj-266	172	1	this	this	DET
emaj-266	172	2	situation	situation	NOUN
emaj-266	172	3	has	have	AUX
emaj-266	172	4	significantly	significantly	ADV
emaj-266	172	5	affected	affect	VERB
emaj-266	172	6	the	the	DET
emaj-266	172	7	cryptocurrency	cryptocurrency	NOUN
emaj-266	172	8	market	market	NOUN
emaj-266	172	9	and	and	CCONJ
emaj-266	172	10	conventional	conventional	ADJ
emaj-266	172	11	asset	asset	NOUN
emaj-266	172	12	markets	market	NOUN
emaj-266	172	13	.	.	PUNCT
emaj-266	173	1	with	with	ADP
emaj-266	173	2	these	these	DET
emaj-266	173	3	expectations	expectation	NOUN
emaj-266	173	4	,	,	PUNCT
emaj-266	173	5	exits	exit	VERB
emaj-266	173	6	from	from	ADP
emaj-266	173	7	the	the	DET
emaj-266	173	8	cryptocurrency	cryptocurrency	NOUN
emaj-266	173	9	markets	market	NOUN
emaj-266	173	10	started	start	VERB
emaj-266	173	11	,	,	PUNCT
emaj-266	173	12	and	and	CCONJ
emaj-266	173	13	the	the	DET
emaj-266	173	14	market	market	NOUN
emaj-266	173	15	value	value	NOUN
emaj-266	173	16	decreased	decrease	VERB
emaj-266	173	17	to	to	ADP
emaj-266	173	18	1.3	1.3	NUM
emaj-266	173	19	trillion	trillion	NUM
emaj-266	173	20	dollars	dollar	NOUN
emaj-266	173	21	(	(	PUNCT
emaj-266	173	22	coinmarketcap	coinmarketcap	NOUN
emaj-266	173	23	,	,	PUNCT
emaj-266	173	24	2022	2022	NUM
emaj-266	173	25	)	)	PUNCT
emaj-266	173	26	.	.	PUNCT
emaj-266	174	1	therefore	therefore	ADV
emaj-266	174	2	,	,	PUNCT
emaj-266	174	3	it	it	PRON
emaj-266	174	4	would	would	AUX
emaj-266	174	5	not	not	PART
emaj-266	174	6	be	be	AUX
emaj-266	174	7	a	a	DET
emaj-266	174	8	mistake	mistake	NOUN
emaj-266	174	9	to	to	PART
emaj-266	174	10	comment	comment	VERB
emaj-266	174	11	that	that	SCONJ
emaj-266	174	12	cryptocurrency	cryptocurrency	NOUN
emaj-266	174	13	markets	market	NOUN
emaj-266	174	14	have	have	AUX
emaj-266	174	15	become	become	VERB
emaj-266	174	16	an	an	DET
emaj-266	174	17	alternative	alternative	ADJ
emaj-266	174	18	market	market	NOUN
emaj-266	174	19	for	for	ADP
emaj-266	174	20	investors	investor	NOUN
emaj-266	174	21	,	,	PUNCT
emaj-266	174	22	similar	similar	ADJ
emaj-266	174	23	to	to	ADP
emaj-266	174	24	conventional	conventional	ADJ
emaj-266	174	25	asset	asset	NOUN
emaj-266	174	26	markets	market	NOUN
emaj-266	174	27	.	.	PUNCT
emaj-266	175	1	in	in	ADP
emaj-266	175	2	future	future	ADJ
emaj-266	175	3	studies	study	NOUN
emaj-266	175	4	on	on	ADP
emaj-266	175	5	this	this	DET
emaj-266	175	6	subject	subject	NOUN
emaj-266	175	7	,	,	PUNCT
emaj-266	175	8	while	while	SCONJ
emaj-266	175	9	examining	examine	VERB
emaj-266	175	10	the	the	DET
emaj-266	175	11	relations	relation	NOUN
emaj-266	175	12	between	between	ADP
emaj-266	175	13	the	the	DET
emaj-266	175	14	cryptocurrency	cryptocurrency	NOUN
emaj-266	175	15	market	market	NOUN
emaj-266	175	16	and	and	CCONJ
emaj-266	175	17	conventional	conventional	ADJ
emaj-266	175	18	asset	asset	NOUN
emaj-266	175	19	markets	market	NOUN
emaj-266	175	20	,	,	PUNCT
emaj-266	175	21	they	they	PRON
emaj-266	175	22	can	can	AUX
emaj-266	175	23	differentiate	differentiate	VERB
emaj-266	175	24	according	accord	VERB
emaj-266	175	25	to	to	ADP
emaj-266	175	26	the	the	DET
emaj-266	175	27	level	level	NOUN
emaj-266	175	28	of	of	ADP
emaj-266	175	29	development	development	NOUN
emaj-266	175	30	of	of	ADP
emaj-266	175	31	countries	country	NOUN
emaj-266	175	32	and	and	CCONJ
emaj-266	175	33	economic	economic	ADJ
emaj-266	175	34	regions	region	NOUN
emaj-266	175	35	(	(	PUNCT
emaj-266	175	36	brics	bric	NOUN
emaj-266	175	37	,	,	PUNCT
emaj-266	175	38	menat	menat	NOUN
emaj-266	175	39	,	,	PUNCT
emaj-266	175	40	european	european	PROPN
emaj-266	175	41	union	union	PROPN
emaj-266	175	42	,	,	PUNCT
emaj-266	175	43	etc	etc	X
emaj-266	175	44	.	.	X
emaj-266	175	45	)	)	PUNCT
emaj-266	175	46	.	.	PUNCT
emaj-266	176	1	in	in	ADP
emaj-266	176	2	addition	addition	NOUN
emaj-266	176	3	,	,	PUNCT
emaj-266	176	4	new	new	ADJ
emaj-266	176	5	studies	study	NOUN
emaj-266	176	6	can	can	AUX
emaj-266	176	7	focus	focus	VERB
emaj-266	176	8	on	on	ADP
emaj-266	176	9	variables	variable	NOUN
emaj-266	176	10	that	that	PRON
emaj-266	176	11	measure	measure	VERB
emaj-266	176	12	global	global	ADJ
emaj-266	176	13	uncertainty	uncertainty	NOUN
emaj-266	176	14	.	.	PUNCT
emaj-266	177	1	further	further	ADJ
emaj-266	177	2	research	research	NOUN
emaj-266	177	3	can	can	AUX
emaj-266	177	4	be	be	AUX
emaj-266	177	5	conducted	conduct	VERB
emaj-266	177	6	by	by	ADP
emaj-266	177	7	using	use	VERB
emaj-266	177	8	different	different	ADJ
emaj-266	177	9	statistical	statistical	ADJ
emaj-266	177	10	techniques	technique	NOUN
emaj-266	177	11	since	since	SCONJ
emaj-266	177	12	a	a	DET
emaj-266	177	13	significant	significant	ADJ
emaj-266	177	14	relationship	relationship	NOUN
emaj-266	177	15	was	be	AUX
emaj-266	177	16	found	find	VERB
emaj-266	177	17	among	among	ADP
emaj-266	177	18	the	the	DET
emaj-266	177	19	variables	variable	NOUN
emaj-266	177	20	.	.	PUNCT
emaj-266	178	1	references	reference	NOUN
emaj-266	178	2	al	al	PROPN
emaj-266	178	3	mamun	mamun	PROPN
emaj-266	178	4	,	,	PUNCT
emaj-266	178	5	m.	m.	NOUN
emaj-266	178	6	,	,	PUNCT
emaj-266	178	7	uddin	uddin	PROPN
emaj-266	178	8	,	,	PUNCT
emaj-266	178	9	g.s	g.s	PROPN
emaj-266	178	10	.	.	PROPN
emaj-266	178	11	,	,	PUNCT
emaj-266	178	12	suleman	suleman	PROPN
emaj-266	178	13	,	,	PUNCT
emaj-266	178	14	m.t	m.t	PROPN
emaj-266	178	15	.	.	PROPN
emaj-266	178	16	&	&	CCONJ
emaj-266	178	17	kang	kang	PROPN
emaj-266	178	18	,	,	PUNCT
emaj-266	178	19	s.h	s.h	PROPN
emaj-266	178	20	.	.	PROPN
emaj-266	178	21	(	(	PUNCT
emaj-266	178	22	2020	2020	NUM
emaj-266	178	23	)	)	PUNCT
emaj-266	178	24	.	.	PUNCT
emaj-266	179	1	geopolitical	geopolitical	ADJ
emaj-266	179	2	risk	risk	NOUN
emaj-266	179	3	,	,	PUNCT
emaj-266	179	4	uncertainty	uncertainty	NOUN
emaj-266	179	5	and	and	CCONJ
emaj-266	179	6	bitcoin	bitcoin	NOUN
emaj-266	179	7	investment	investment	NOUN
emaj-266	179	8	.	.	PUNCT
emaj-266	180	1	physica	physica	VERB
emaj-266	180	2	a	a	DET
emaj-266	180	3	:	:	PUNCT
emaj-266	180	4	statistical	statistical	ADJ
emaj-266	180	5	mechanics	mechanic	NOUN
emaj-266	180	6	and	and	CCONJ
emaj-266	180	7	its	its	PRON
emaj-266	180	8	applications	application	NOUN
emaj-266	180	9	,	,	PUNCT
emaj-266	180	10	540:123107	540:123107	NUM
emaj-266	180	11	.	.	PUNCT
emaj-266	181	1	al	al	PROPN
emaj-266	181	2	-	-	PUNCT
emaj-266	181	3	yahyaee	yahyaee	PROPN
emaj-266	181	4	,	,	PUNCT
emaj-266	181	5	k.h	k.h	PROPN
emaj-266	181	6	.	.	PROPN
emaj-266	181	7	,	,	PUNCT
emaj-266	181	8	mensi	mensi	PROPN
emaj-266	181	9	,	,	PUNCT
emaj-266	181	10	w.	w.	PROPN
emaj-266	181	11	,	,	PUNCT
emaj-266	181	12	al	al	PROPN
emaj-266	181	13	-	-	PUNCT
emaj-266	181	14	jarrah	jarrah	PROPN
emaj-266	181	15	,	,	PUNCT
emaj-266	181	16	i.m.w	i.m.w	PROPN
emaj-266	181	17	.	.	PROPN
emaj-266	181	18	&	&	CCONJ
emaj-266	181	19	hamdi	hamdi	PROPN
emaj-266	181	20	,	,	PUNCT
emaj-266	181	21	a.	a.	PROPN
emaj-266	181	22	,	,	PUNCT
emaj-266	181	23	kang	kang	PROPN
emaj-266	181	24	,	,	PUNCT
emaj-266	181	25	s.h	s.h	PROPN
emaj-266	181	26	.	.	PROPN
emaj-266	181	27	(	(	PUNCT
emaj-266	181	28	2019	2019	NUM
emaj-266	181	29	)	)	PUNCT
emaj-266	181	30	.	.	PUNCT
emaj-266	182	1	volatility	volatility	NOUN
emaj-266	182	2	forecasting	forecasting	NOUN
emaj-266	182	3	,	,	PUNCT
emaj-266	182	4	downside	downside	ADJ
emaj-266	182	5	risk	risk	NOUN
emaj-266	182	6	,	,	PUNCT
emaj-266	182	7	and	and	CCONJ
emaj-266	182	8	diversification	diversification	NOUN
emaj-266	182	9	benefits	benefit	NOUN
emaj-266	182	10	of	of	ADP
emaj-266	182	11	bitcoin	bitcoin	NOUN
emaj-266	182	12	and	and	CCONJ
emaj-266	182	13	oil	oil	NOUN
emaj-266	182	14	and	and	CCONJ
emaj-266	182	15	international	international	ADJ
emaj-266	182	16	commodity	commodity	NOUN
emaj-266	182	17	markets	market	NOUN
emaj-266	182	18	:	:	PUNCT
emaj-266	182	19	a	a	DET
emaj-266	182	20	comparative	comparative	ADJ
emaj-266	182	21	analysis	analysis	NOUN
emaj-266	182	22	with	with	ADP
emaj-266	182	23	yellow	yellow	ADJ
emaj-266	182	24	metal	metal	NOUN
emaj-266	182	25	.	.	PUNCT
emaj-266	183	1	the	the	DET
emaj-266	183	2	north	north	ADJ
emaj-266	183	3	american	american	PROPN
emaj-266	183	4	journal	journal	PROPN
emaj-266	183	5	of	of	ADP
emaj-266	183	6	economics	economic	NOUN
emaj-266	183	7	and	and	CCONJ
emaj-266	183	8	finance	finance	NOUN
emaj-266	183	9	,	,	PUNCT
emaj-266	183	10	49	49	NUM
emaj-266	183	11	,	,	PUNCT
emaj-266	183	12	104	104	NUM
emaj-266	183	13	-	-	SYM
emaj-266	183	14	120	120	NUM
emaj-266	183	15	.	.	PUNCT
emaj-266	184	1	baharumshah	baharumshah	NOUN
emaj-266	184	2	,	,	PUNCT
emaj-266	184	3	a.z	a.z	PROPN
emaj-266	184	4	.	.	PROPN
emaj-266	184	5	&	&	CCONJ
emaj-266	184	6	rashid	rashid	PROPN
emaj-266	184	7	,	,	PUNCT
emaj-266	184	8	s.	s.	PROPN
emaj-266	184	9	(	(	PUNCT
emaj-266	184	10	1999	1999	NUM
emaj-266	184	11	)	)	PUNCT
emaj-266	184	12	.	.	PUNCT
emaj-266	185	1	exports	export	NOUN
emaj-266	185	2	,	,	PUNCT
emaj-266	185	3	imports	import	NOUN
emaj-266	185	4	and	and	CCONJ
emaj-266	185	5	economic	economic	ADJ
emaj-266	185	6	growth	growth	NOUN
emaj-266	185	7	in	in	ADP
emaj-266	185	8	malaysia	malaysia	PROPN
emaj-266	185	9	:	:	PUNCT
emaj-266	185	10	empirical	empirical	ADJ
emaj-266	185	11	evidence	evidence	NOUN
emaj-266	185	12	based	base	VERB
emaj-266	185	13	on	on	ADP
emaj-266	185	14	multivariate	multivariate	NOUN
emaj-266	185	15	time	time	NOUN
emaj-266	185	16	series	series	PROPN
emaj-266	185	17	.	.	PUNCT
emaj-266	186	1	asian	asian	ADJ
emaj-266	186	2	economic	economic	ADJ
emaj-266	186	3	journal	journal	NOUN
emaj-266	186	4	,	,	PUNCT
emaj-266	186	5	13:4	13:4	NUM
emaj-266	186	6	.	.	PUNCT
emaj-266	186	7	balcilar	balcilar	ADJ
emaj-266	186	8	,	,	PUNCT
emaj-266	186	9	m.	m.	NOUN
emaj-266	186	10	,	,	PUNCT
emaj-266	186	11	bouri	bouri	PROPN
emaj-266	186	12	,	,	PUNCT
emaj-266	186	13	e.	e.	PROPN
emaj-266	186	14	,	,	PUNCT
emaj-266	186	15	gupta	gupta	PROPN
emaj-266	186	16	,	,	PUNCT
emaj-266	186	17	r.	r.	PROPN
emaj-266	186	18	,	,	PUNCT
emaj-266	186	19	roubaud	roubaud	PROPN
emaj-266	186	20	,	,	PUNCT
emaj-266	186	21	d.	d.	PROPN
emaj-266	186	22	(	(	PUNCT
emaj-266	186	23	2017	2017	NUM
emaj-266	186	24	)	)	PUNCT
emaj-266	186	25	.	.	PUNCT
emaj-266	187	1	can	can	AUX
emaj-266	187	2	volume	volume	VERB
emaj-266	187	3	predict	predict	VERB
emaj-266	187	4	bitcoin	bitcoin	ADJ
emaj-266	187	5	returns	return	NOUN
emaj-266	187	6	and	and	CCONJ
emaj-266	187	7	volatility	volatility	NOUN
emaj-266	187	8	?	?	PUNCT
emaj-266	188	1	a	a	DET
emaj-266	188	2	quantiles	quantile	NOUN
emaj-266	188	3	-	-	PUNCT
emaj-266	188	4	based	base	VERB
emaj-266	188	5	approach	approach	NOUN
emaj-266	188	6	.	.	PUNCT
emaj-266	189	1	economic	economic	ADJ
emaj-266	189	2	modelling	modelling	NOUN
emaj-266	189	3	,	,	PUNCT
emaj-266	189	4	64	64	NUM
emaj-266	189	5	,	,	PUNCT
emaj-266	189	6	74	74	NUM
emaj-266	189	7	-	-	SYM
emaj-266	189	8	81	81	NUM
emaj-266	189	9	.	.	PUNCT
emaj-266	190	1	baur	baur	PROPN
emaj-266	190	2	,	,	PUNCT
emaj-266	190	3	d.g	d.g	PROPN
emaj-266	190	4	.	.	PROPN
emaj-266	190	5	&	&	CCONJ
emaj-266	190	6	hoang	hoang	PROPN
emaj-266	190	7	,	,	PUNCT
emaj-266	190	8	l.	l.	PROPN
emaj-266	190	9	(	(	PUNCT
emaj-266	190	10	2021	2021	NUM
emaj-266	190	11	)	)	PUNCT
emaj-266	190	12	.	.	PUNCT
emaj-266	191	1	the	the	DET
emaj-266	191	2	bitcoin	bitcoin	ADJ
emaj-266	191	3	gold	gold	NOUN
emaj-266	191	4	correlation	correlation	NOUN
emaj-266	191	5	puzzle	puzzle	NOUN
emaj-266	191	6	.	.	PUNCT
emaj-266	192	1	journal	journal	NOUN
emaj-266	192	2	of	of	ADP
emaj-266	192	3	behavioral	behavioral	ADJ
emaj-266	192	4	and	and	CCONJ
emaj-266	192	5	experimental	experimental	ADJ
emaj-266	192	6	finance	finance	NOUN
emaj-266	192	7	,	,	PUNCT
emaj-266	192	8	32:100561	32:100561	NUM
emaj-266	192	9	.	.	PUNCT
emaj-266	193	1	baur	baur	PROPN
emaj-266	193	2	,	,	PUNCT
emaj-266	193	3	d.g	d.g	PROPN
emaj-266	193	4	.	.	PROPN
emaj-266	193	5	,	,	PUNCT
emaj-266	193	6	hong	hong	PROPN
emaj-266	193	7	,	,	PUNCT
emaj-266	193	8	k.	k.	PROPN
emaj-266	193	9	&	&	CCONJ
emaj-266	193	10	lee	lee	PROPN
emaj-266	193	11	,	,	PUNCT
emaj-266	193	12	a.d	a.d	PROPN
emaj-266	193	13	.	.	PROPN
emaj-266	193	14	(	(	PUNCT
emaj-266	193	15	2018	2018	NUM
emaj-266	193	16	)	)	PUNCT
emaj-266	193	17	.	.	PUNCT
emaj-266	194	1	bitcoin	bitcoin	NOUN
emaj-266	194	2	:	:	PUNCT
emaj-266	194	3	medium	medium	NOUN
emaj-266	194	4	of	of	ADP
emaj-266	194	5	exchange	exchange	NOUN
emaj-266	194	6	or	or	CCONJ
emaj-266	194	7	speculative	speculative	ADJ
emaj-266	194	8	assets	asset	NOUN
emaj-266	194	9	?	?	PUNCT
emaj-266	194	10	.	.	PUNCT
emaj-266	195	1	journal	journal	PROPN
emaj-266	195	2	of	of	ADP
emaj-266	195	3	international	international	ADJ
emaj-266	195	4	financial	financial	ADJ
emaj-266	195	5	markets	market	NOUN
emaj-266	195	6	,	,	PUNCT
emaj-266	195	7	institutions	institution	NOUN
emaj-266	195	8	and	and	CCONJ
emaj-266	195	9	money	money	NOUN
emaj-266	195	10	,	,	PUNCT
emaj-266	195	11	54	54	NUM
emaj-266	195	12	,	,	PUNCT
emaj-266	195	13	177	177	NUM
emaj-266	195	14	-	-	SYM
emaj-266	195	15	189	189	NUM
emaj-266	195	16	.	.	PUNCT
emaj-266	196	1	bekiros	bekiro	NOUN
emaj-266	196	2	,	,	PUNCT
emaj-266	196	3	s.	s.	PROPN
emaj-266	196	4	,	,	PUNCT
emaj-266	196	5	hedström	hedström	NOUN
emaj-266	196	6	,	,	PUNCT
emaj-266	196	7	a.	a.	NOUN
emaj-266	196	8	,	,	PUNCT
emaj-266	196	9	jayasekera	jayasekera	NOUN
emaj-266	196	10	,	,	PUNCT
emaj-266	196	11	e.	e.	PROPN
emaj-266	196	12	,	,	PUNCT
emaj-266	196	13	mishra	mishra	PROPN
emaj-266	196	14	,	,	PUNCT
emaj-266	196	15	t.	t.	PROPN
emaj-266	196	16	&	&	CCONJ
emaj-266	196	17	uddin	uddin	PROPN
emaj-266	196	18	,	,	PUNCT
emaj-266	196	19	g.s	g.s	PROPN
emaj-266	196	20	.	.	PROPN
emaj-266	196	21	(	(	PUNCT
emaj-266	196	22	2021	2021	NUM
emaj-266	196	23	)	)	PUNCT
emaj-266	196	24	.	.	PUNCT
emaj-266	197	1	correlated	correlate	VERB
emaj-266	197	2	at	at	ADP
emaj-266	197	3	the	the	DET
emaj-266	197	4	tail	tail	NOUN
emaj-266	197	5	:	:	PUNCT
emaj-266	197	6	implications	implication	NOUN
emaj-266	197	7	of	of	ADP
emaj-266	197	8	asymmetric	asymmetric	ADJ
emaj-266	197	9	tail	tail	NOUN
emaj-266	197	10	-	-	PUNCT
emaj-266	197	11	dependence	dependence	NOUN
emaj-266	197	12	across	across	ADP
emaj-266	197	13	bitcoin	bitcoin	ADJ
emaj-266	197	14	markets	market	NOUN
emaj-266	197	15	.	.	PUNCT
emaj-266	198	1	computational	computational	ADJ
emaj-266	198	2	economics	economic	NOUN
emaj-266	198	3	,	,	PUNCT
emaj-266	198	4	58(4	58(4	NUM
emaj-266	198	5	)	)	PUNCT
emaj-266	198	6	,	,	PUNCT
emaj-266	198	7	1289	1289	NUM
emaj-266	198	8	-	-	SYM
emaj-266	198	9	1299	1299	NUM
emaj-266	198	10	.	.	PUNCT
emaj-266	199	1	bouri	bouri	PROPN
emaj-266	199	2	,	,	PUNCT
emaj-266	199	3	e.	e.	PROPN
emaj-266	199	4	,	,	PUNCT
emaj-266	199	5	das	das	PROPN
emaj-266	199	6	,	,	PUNCT
emaj-266	199	7	m.	m.	NOUN
emaj-266	199	8	,	,	PUNCT
emaj-266	199	9	gupta	gupta	PROPN
emaj-266	199	10	,	,	PUNCT
emaj-266	199	11	r.	r.	PROPN
emaj-266	199	12	&	&	CCONJ
emaj-266	199	13	roubaud	roubaud	PROPN
emaj-266	199	14	,	,	PUNCT
emaj-266	199	15	d.	d.	PROPN
emaj-266	199	16	(	(	PUNCT
emaj-266	199	17	2018	2018	NUM
emaj-266	199	18	)	)	PUNCT
emaj-266	199	19	.	.	PUNCT
emaj-266	200	1	spillovers	spillover	NOUN
emaj-266	200	2	between	between	ADP
emaj-266	200	3	bitcoin	bitcoin	ADJ
emaj-266	200	4	and	and	CCONJ
emaj-266	200	5	other	other	ADJ
emaj-266	200	6	assets	asset	NOUN
emaj-266	200	7	during	during	ADP
emaj-266	200	8	bear	bear	NOUN
emaj-266	200	9	and	and	CCONJ
emaj-266	200	10	bull	bull	NOUN
emaj-266	200	11	markets	market	NOUN
emaj-266	200	12	.	.	PUNCT
emaj-266	201	1	applied	apply	VERB
emaj-266	201	2	economics	economic	NOUN
emaj-266	201	3	,	,	PUNCT
emaj-266	201	4	50:55	50:55	NUM
emaj-266	201	5	,	,	PUNCT
emaj-266	201	6	5935–5949	5935–5949	NUM
emaj-266	201	7	.	.	PUNCT
emaj-266	202	1	bouri	bouri	PROPN
emaj-266	202	2	,	,	PUNCT
emaj-266	202	3	e.	e.	PROPN
emaj-266	202	4	,	,	PUNCT
emaj-266	202	5	molnár	molnár	PROPN
emaj-266	202	6	,	,	PUNCT
emaj-266	202	7	p.	p.	NOUN
emaj-266	202	8	,	,	PUNCT
emaj-266	202	9	azzi	azzi	NOUN
emaj-266	202	10	,	,	PUNCT
emaj-266	202	11	g.	g.	PROPN
emaj-266	202	12	,	,	PUNCT
emaj-266	202	13	roubaud	roubaud	PROPN
emaj-266	202	14	,	,	PUNCT
emaj-266	202	15	d.	d.	PROPN
emaj-266	202	16	&	&	CCONJ
emaj-266	202	17	hagfors	hagfor	NOUN
emaj-266	202	18	,	,	PUNCT
emaj-266	202	19	l.i	l.i	PROPN
emaj-266	202	20	.	.	PROPN
emaj-266	202	21	(	(	PUNCT
emaj-266	202	22	2017	2017	NUM
emaj-266	202	23	)	)	PUNCT
emaj-266	202	24	.	.	PUNCT
emaj-266	203	1	on	on	ADP
emaj-266	203	2	the	the	DET
emaj-266	203	3	hedge	hedge	NOUN
emaj-266	203	4	and	and	CCONJ
emaj-266	203	5	safe	safe	ADJ
emaj-266	203	6	haven	haven	NOUN
emaj-266	203	7	properties	property	NOUN
emaj-266	203	8	of	of	ADP
emaj-266	203	9	bitcoin	bitcoin	NOUN
emaj-266	203	10	:	:	PUNCT
emaj-266	203	11	is	be	AUX
emaj-266	203	12	it	it	PRON
emaj-266	203	13	really	really	ADV
emaj-266	203	14	more	more	ADJ
emaj-266	203	15	than	than	ADP
emaj-266	203	16	a	a	DET
emaj-266	203	17	diversifier	diversifier	NOUN
emaj-266	203	18	?	?	PUNCT
emaj-266	203	19	.	.	PUNCT
emaj-266	204	1	finance	finance	NOUN
emaj-266	204	2	research	research	NOUN
emaj-266	204	3	letters	letter	NOUN
emaj-266	204	4	,	,	PUNCT
emaj-266	204	5	20	20	NUM
emaj-266	204	6	,	,	PUNCT
emaj-266	204	7	192198	192198	NUM
emaj-266	204	8	.	.	PUNCT
emaj-266	205	1	bouri	bouri	PROPN
emaj-266	205	2	,	,	PUNCT
emaj-266	205	3	e.	e.	PROPN
emaj-266	205	4	,	,	PUNCT
emaj-266	205	5	shahzad	shahzad	PROPN
emaj-266	205	6	,	,	PUNCT
emaj-266	205	7	s.j.h	s.j.h	PROPN
emaj-266	205	8	.	.	PUNCT
emaj-266	205	9	&	&	CCONJ
emaj-266	205	10	roubaud	roubaud	PROPN
emaj-266	205	11	,	,	PUNCT
emaj-266	205	12	d.	d.	PROPN
emaj-266	205	13	(	(	PUNCT
emaj-266	205	14	2019	2019	NUM
emaj-266	205	15	)	)	PUNCT
emaj-266	205	16	.	.	PUNCT
emaj-266	206	1	coexplosivity	coexplosivity	NOUN
emaj-266	206	2	in	in	ADP
emaj-266	206	3	the	the	DET
emaj-266	206	4	cryptocurrency	cryptocurrency	NOUN
emaj-266	206	5	market	market	NOUN
emaj-266	206	6	.	.	PUNCT
emaj-266	207	1	finance	finance	NOUN
emaj-266	207	2	research	research	NOUN
emaj-266	207	3	letters	letter	NOUN
emaj-266	207	4	,	,	PUNCT
emaj-266	207	5	29	29	NUM
emaj-266	207	6	,	,	PUNCT
emaj-266	207	7	178	178	NUM
emaj-266	207	8	-	-	SYM
emaj-266	207	9	183	183	NUM
emaj-266	207	10	.	.	PUNCT
emaj-266	208	1	volume	volume	NOUN
emaj-266	208	2	12	12	NUM
emaj-266	208	3	no	no	DET
emaj-266	208	4	2	2	NUM
emaj-266	208	5	(	(	PUNCT
emaj-266	208	6	2022	2022	NUM
emaj-266	208	7	)	)	PUNCT
emaj-266	208	8	|	|	ADV
emaj-266	208	9	issn	issn	VERB
emaj-266	208	10	2158	2158	NUM
emaj-266	208	11	-	-	SYM
emaj-266	208	12	8708	8708	NUM
emaj-266	208	13	(	(	PUNCT
emaj-266	208	14	online	online	NOUN
emaj-266	208	15	)	)	PUNCT
emaj-266	208	16	|	|	ADV
emaj-266	208	17	doi	doi	X
emaj-266	208	18	10.5195	10.5195	NUM
emaj-266	208	19	/	/	SYM
emaj-266	208	20	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	208	21	|	|	ADV
emaj-266	208	22	http://emaj.pitt.edu	http://emaj.pitt.edu	PROPN
emaj-266	208	23	melih	melih	PROPN
emaj-266	208	24	sefa	sefa	PROPN
emaj-266	208	25	yavuz	yavuz	PROPN
emaj-266	208	26	,	,	PUNCT
emaj-266	208	27	gözde	gözde	PROPN
emaj-266	208	28	bozkurt	bozkurt	PROPN
emaj-266	208	29	,	,	PUNCT
emaj-266	208	30	semra	semra	NOUN
emaj-266	208	31	boğa	boğa	ADJ
emaj-266	208	32	emerging	emerge	VERB
emaj-266	208	33	markets	market	NOUN
emaj-266	208	34	journal	journal	NOUN
emaj-266	209	1	|	|	ADV
emaj-266	209	2	p	p	NOUN
emaj-266	209	3	a	a	DET
emaj-266	209	4	g	g	NOUN
emaj-266	209	5	e	e	NOUN
emaj-266	209	6	4	4	NUM
emaj-266	209	7	3	3	NUM
emaj-266	209	8	brandvold	brandvold	ADJ
emaj-266	209	9	,	,	PUNCT
emaj-266	209	10	m.	m.	NOUN
emaj-266	209	11	,	,	PUNCT
emaj-266	209	12	molnár	molnár	PROPN
emaj-266	209	13	,	,	PUNCT
emaj-266	209	14	p.	p.	NOUN
emaj-266	209	15	,	,	PUNCT
emaj-266	209	16	vagstad	vagstad	NOUN
emaj-266	209	17	,	,	PUNCT
emaj-266	209	18	k.	k.	PROPN
emaj-266	209	19	&	&	CCONJ
emaj-266	209	20	valstad	valstad	PROPN
emaj-266	209	21	,	,	PUNCT
emaj-266	209	22	o.c.a	o.c.a	NOUN
emaj-266	209	23	.	.	PUNCT
emaj-266	210	1	(	(	PUNCT
emaj-266	210	2	2015	2015	NUM
emaj-266	210	3	)	)	PUNCT
emaj-266	210	4	.	.	PUNCT
emaj-266	211	1	price	price	NOUN
emaj-266	211	2	discovery	discovery	NOUN
emaj-266	211	3	on	on	ADP
emaj-266	211	4	bitcoin	bitcoin	NOUN
emaj-266	211	5	exchanges	exchange	NOUN
emaj-266	211	6	.	.	PUNCT
emaj-266	212	1	journal	journal	PROPN
emaj-266	212	2	of	of	ADP
emaj-266	212	3	international	international	ADJ
emaj-266	212	4	financial	financial	ADJ
emaj-266	212	5	markets	market	NOUN
emaj-266	212	6	,	,	PUNCT
emaj-266	212	7	institutions	institution	NOUN
emaj-266	212	8	and	and	CCONJ
emaj-266	212	9	money	money	NOUN
emaj-266	212	10	,	,	PUNCT
emaj-266	212	11	36	36	NUM
emaj-266	212	12	,	,	PUNCT
emaj-266	212	13	18	18	NUM
emaj-266	212	14	-	-	SYM
emaj-266	212	15	35	35	NUM
emaj-266	212	16	.	.	PUNCT
emaj-266	213	1	briere	briere	PROPN
emaj-266	213	2	,	,	PUNCT
emaj-266	213	3	m.	m.	NOUN
emaj-266	213	4	,	,	PUNCT
emaj-266	213	5	oosterlinck	oosterlinck	NOUN
emaj-266	213	6	,	,	PUNCT
emaj-266	213	7	k.	k.	PROPN
emaj-266	213	8	,	,	PUNCT
emaj-266	213	9	szafarz	szafarz	PROPN
emaj-266	213	10	,	,	PUNCT
emaj-266	213	11	a.	a.	NOUN
emaj-266	213	12	(	(	PUNCT
emaj-266	213	13	2015	2015	NUM
emaj-266	213	14	)	)	PUNCT
emaj-266	213	15	.	.	PUNCT
emaj-266	214	1	virtual	virtual	ADJ
emaj-266	214	2	currency	currency	NOUN
emaj-266	214	3	,	,	PUNCT
emaj-266	214	4	tangible	tangible	ADJ
emaj-266	214	5	return	return	NOUN
emaj-266	214	6	:	:	PUNCT
emaj-266	214	7	portfolio	portfolio	NOUN
emaj-266	214	8	diversification	diversification	NOUN
emaj-266	214	9	with	with	ADP
emaj-266	214	10	bitcoin	bitcoin	PROPN
emaj-266	214	11	.	.	PUNCT
emaj-266	215	1	journal	journal	PROPN
emaj-266	215	2	of	of	ADP
emaj-266	215	3	asset	asset	NOUN
emaj-266	215	4	management	management	NOUN
emaj-266	215	5	,	,	PUNCT
emaj-266	215	6	16(6	16(6	NUM
emaj-266	215	7	)	)	PUNCT
emaj-266	215	8	,	,	PUNCT
emaj-266	215	9	365	365	NUM
emaj-266	215	10	-	-	SYM
emaj-266	215	11	373	373	NUM
emaj-266	215	12	.	.	PUNCT
emaj-266	216	1	cheah	cheah	PROPN
emaj-266	216	2	,	,	PUNCT
emaj-266	216	3	e.t	e.t	PROPN
emaj-266	216	4	.	.	PROPN
emaj-266	216	5	,	,	PUNCT
emaj-266	216	6	fry	fry	PROPN
emaj-266	216	7	,	,	PUNCT
emaj-266	216	8	j.	j.	PROPN
emaj-266	216	9	(	(	PUNCT
emaj-266	216	10	2015	2015	NUM
emaj-266	216	11	)	)	PUNCT
emaj-266	216	12	.	.	PUNCT
emaj-266	217	1	speculative	speculative	ADJ
emaj-266	217	2	bubbles	bubble	NOUN
emaj-266	217	3	in	in	ADP
emaj-266	217	4	bitcoin	bitcoin	ADJ
emaj-266	217	5	markets	market	NOUN
emaj-266	217	6	?	?	PUNCT
emaj-266	218	1	an	an	DET
emaj-266	218	2	empirical	empirical	ADJ
emaj-266	218	3	investigation	investigation	NOUN
emaj-266	218	4	into	into	ADP
emaj-266	218	5	the	the	DET
emaj-266	218	6	fundamental	fundamental	ADJ
emaj-266	218	7	value	value	NOUN
emaj-266	218	8	of	of	ADP
emaj-266	218	9	bitcoin	bitcoin	NOUN
emaj-266	218	10	.	.	PUNCT
emaj-266	219	1	economic	economic	ADJ
emaj-266	219	2	letters	letter	NOUN
emaj-266	219	3	,	,	PUNCT
emaj-266	219	4	130	130	NUM
emaj-266	219	5	,	,	PUNCT
emaj-266	219	6	32–36	32–36	NUM
emaj-266	219	7	.	.	PUNCT
emaj-266	219	8	chkili	chkili	NOUN
emaj-266	219	9	,	,	PUNCT
emaj-266	219	10	w.	w.	NOUN
emaj-266	219	11	(	(	PUNCT
emaj-266	219	12	2021	2021	NUM
emaj-266	219	13	)	)	PUNCT
emaj-266	219	14	.	.	PUNCT
emaj-266	220	1	modeling	model	VERB
emaj-266	220	2	bitcoin	bitcoin	ADJ
emaj-266	220	3	price	price	NOUN
emaj-266	220	4	volatility	volatility	NOUN
emaj-266	220	5	:	:	PUNCT
emaj-266	220	6	long	long	ADJ
emaj-266	220	7	memory	memory	NOUN
emaj-266	220	8	vs	vs	ADP
emaj-266	220	9	markov	markov	NOUN
emaj-266	220	10	switching	switching	NOUN
emaj-266	220	11	.	.	PUNCT
emaj-266	221	1	eurasian	eurasian	ADJ
emaj-266	221	2	economic	economic	PROPN
emaj-266	221	3	review	review	PROPN
emaj-266	221	4	,	,	PUNCT
emaj-266	221	5	11(3	11(3	NUM
emaj-266	221	6	)	)	PUNCT
emaj-266	221	7	,	,	PUNCT
emaj-266	221	8	433–448	433–448	NUM
emaj-266	221	9	.	.	PUNCT
emaj-266	221	10	https://doi.org/10.1007/s40822-021-00180-7	https://doi.org/10.1007/s40822-021-00180-7	NUM
emaj-266	221	11	.	.	PUNCT
emaj-266	222	1	ciaian	ciaian	NOUN
emaj-266	222	2	,	,	PUNCT
emaj-266	222	3	p.	p.	PROPN
emaj-266	222	4	,	,	PUNCT
emaj-266	222	5	rajcaniova	rajcaniova	PROPN
emaj-266	222	6	,	,	PUNCT
emaj-266	222	7	m.	m.	NOUN
emaj-266	222	8	&	&	CCONJ
emaj-266	222	9	kancs	kancs	PROPN
emaj-266	222	10	,	,	PUNCT
emaj-266	222	11	a.	a.	NOUN
emaj-266	222	12	(	(	PUNCT
emaj-266	222	13	2016	2016	NUM
emaj-266	222	14	)	)	PUNCT
emaj-266	222	15	.	.	PUNCT
emaj-266	223	1	the	the	DET
emaj-266	223	2	economics	economic	NOUN
emaj-266	223	3	of	of	ADP
emaj-266	223	4	bitcoin	bitcoin	ADJ
emaj-266	223	5	price	price	NOUN
emaj-266	223	6	formation	formation	NOUN
emaj-266	223	7	.	.	PUNCT
emaj-266	224	1	applied	apply	VERB
emaj-266	224	2	economics	economic	NOUN
emaj-266	224	3	,	,	PUNCT
emaj-266	224	4	48(19	48(19	PROPN
emaj-266	224	5	)	)	PUNCT
emaj-266	224	6	,	,	PUNCT
emaj-266	224	7	1799	1799	NUM
emaj-266	224	8	-	-	SYM
emaj-266	224	9	1815	1815	NUM
emaj-266	224	10	.	.	PUNCT
emaj-266	225	1	coinmarketcap	coinmarketcap	NOUN
emaj-266	225	2	(	(	PUNCT
emaj-266	225	3	2022	2022	NUM
emaj-266	225	4	)	)	PUNCT
emaj-266	225	5	https://coinmarketcap.com/	https://coinmarketcap.com/	NOUN
emaj-266	225	6	corbet	corbet	PROPN
emaj-266	225	7	,	,	PUNCT
emaj-266	225	8	s.	s.	PROPN
emaj-266	225	9	,	,	PUNCT
emaj-266	225	10	larkin	larkin	PROPN
emaj-266	225	11	,	,	PUNCT
emaj-266	225	12	c.	c.	PROPN
emaj-266	225	13	j.	j.	PROPN
emaj-266	225	14	,	,	PUNCT
emaj-266	225	15	lucey	lucey	PROPN
emaj-266	225	16	,	,	PUNCT
emaj-266	225	17	b.	b.	PROPN
emaj-266	225	18	m.	m.	PROPN
emaj-266	225	19	,	,	PUNCT
emaj-266	225	20	meegan	meegan	PROPN
emaj-266	225	21	,	,	PUNCT
emaj-266	225	22	a.	a.	NOUN
emaj-266	225	23	,	,	PUNCT
emaj-266	225	24	&	&	CCONJ
emaj-266	225	25	yarovaya	yarovaya	PROPN
emaj-266	225	26	,	,	PUNCT
emaj-266	225	27	l.	l.	PROPN
emaj-266	225	28	(	(	PUNCT
emaj-266	225	29	2018	2018	NUM
emaj-266	225	30	)	)	PUNCT
emaj-266	225	31	.	.	PUNCT
emaj-266	226	1	the	the	DET
emaj-266	226	2	volatility	volatility	NOUN
emaj-266	226	3	generating	generating	NOUN
emaj-266	226	4	effects	effect	NOUN
emaj-266	226	5	of	of	ADP
emaj-266	226	6	macroeconomic	macroeconomic	ADJ
emaj-266	226	7	news	news	NOUN
emaj-266	226	8	on	on	ADP
emaj-266	226	9	cryptocurrency	cryptocurrency	NOUN
emaj-266	226	10	returns	return	NOUN
emaj-266	226	11	.	.	PUNCT
emaj-266	227	1	available	available	ADJ
emaj-266	227	2	at	at	ADP
emaj-266	227	3	ssrn	ssrn	PROPN
emaj-266	227	4	3141986	3141986	NUM
emaj-266	227	5	.	.	PUNCT
emaj-266	228	1	corbet	corbet	PROPN
emaj-266	228	2	,	,	PUNCT
emaj-266	228	3	s.	s.	PROPN
emaj-266	228	4	,	,	PUNCT
emaj-266	228	5	meegan	meegan	PROPN
emaj-266	228	6	,	,	PUNCT
emaj-266	228	7	a.	a.	NOUN
emaj-266	228	8	,	,	PUNCT
emaj-266	228	9	larkin	larkin	PROPN
emaj-266	228	10	,	,	PUNCT
emaj-266	228	11	c.	c.	PROPN
emaj-266	228	12	,	,	PUNCT
emaj-266	228	13	lucey	lucey	PROPN
emaj-266	228	14	,	,	PUNCT
emaj-266	228	15	b.	b.	PROPN
emaj-266	228	16	&	&	CCONJ
emaj-266	228	17	yarovaya	yarovaya	PROPN
emaj-266	228	18	,	,	PUNCT
emaj-266	228	19	l.	l.	PROPN
emaj-266	228	20	(	(	PUNCT
emaj-266	228	21	2018a	2018a	NUM
emaj-266	228	22	)	)	PUNCT
emaj-266	228	23	.	.	PUNCT
emaj-266	229	1	exploring	explore	VERB
emaj-266	229	2	the	the	DET
emaj-266	229	3	dynamic	dynamic	ADJ
emaj-266	229	4	relationships	relationship	NOUN
emaj-266	229	5	between	between	ADP
emaj-266	229	6	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	229	7	and	and	CCONJ
emaj-266	229	8	other	other	ADJ
emaj-266	229	9	financial	financial	ADJ
emaj-266	229	10	assets	asset	NOUN
emaj-266	229	11	.	.	PUNCT
emaj-266	230	1	economics	economic	NOUN
emaj-266	230	2	letters	letter	NOUN
emaj-266	230	3	,	,	PUNCT
emaj-266	230	4	165	165	NUM
emaj-266	230	5	,	,	PUNCT
emaj-266	230	6	28–34	28–34	NUM
emaj-266	230	7	.	.	PUNCT
emaj-266	230	8	https://doi.org/10.1016/j.econlet.2018.01.004	https://doi.org/10.1016/j.econlet.2018.01.004	X
emaj-266	230	9	.	.	PUNCT
emaj-266	231	1	das	das	PROPN
emaj-266	231	2	,	,	PUNCT
emaj-266	231	3	d.	d.	PROPN
emaj-266	231	4	,	,	PUNCT
emaj-266	231	5	le	le	X
emaj-266	231	6	roux	roux	NOUN
emaj-266	231	7	,	,	PUNCT
emaj-266	231	8	c.l	c.l	PROPN
emaj-266	231	9	.	.	PROPN
emaj-266	231	10	,	,	PUNCT
emaj-266	231	11	jana	jana	PROPN
emaj-266	231	12	,	,	PUNCT
emaj-266	231	13	r.k	r.k	PROPN
emaj-266	231	14	.	.	PROPN
emaj-266	231	15	&	&	CCONJ
emaj-266	231	16	dutta	dutta	PROPN
emaj-266	231	17	,	,	PUNCT
emaj-266	231	18	a.	a.	NOUN
emaj-266	231	19	(	(	PUNCT
emaj-266	231	20	2020	2020	NUM
emaj-266	231	21	)	)	PUNCT
emaj-266	231	22	.	.	PUNCT
emaj-266	232	1	does	do	AUX
emaj-266	232	2	bitcoin	bitcoin	PROPN
emaj-266	232	3	hedge	hedge	VERB
emaj-266	232	4	crude	crude	ADJ
emaj-266	232	5	oil	oil	NOUN
emaj-266	232	6	implied	imply	VERB
emaj-266	232	7	volatility	volatility	NOUN
emaj-266	232	8	and	and	CCONJ
emaj-266	232	9	structural	structural	ADJ
emaj-266	232	10	shocks	shock	NOUN
emaj-266	232	11	?	?	PUNCT
emaj-266	233	1	a	a	DET
emaj-266	233	2	comparison	comparison	NOUN
emaj-266	233	3	with	with	ADP
emaj-266	233	4	gold	gold	NOUN
emaj-266	233	5	,	,	PUNCT
emaj-266	233	6	commodity	commodity	NOUN
emaj-266	233	7	and	and	CCONJ
emaj-266	233	8	the	the	DET
emaj-266	233	9	us	us	PROPN
emaj-266	233	10	dollar	dollar	NOUN
emaj-266	233	11	.	.	PUNCT
emaj-266	234	1	finance	finance	NOUN
emaj-266	234	2	research	research	NOUN
emaj-266	234	3	letters	letter	NOUN
emaj-266	234	4	,	,	PUNCT
emaj-266	234	5	36	36	NUM
emaj-266	234	6	,	,	PUNCT
emaj-266	234	7	101335	101335	NUM
emaj-266	234	8	.	.	PUNCT
emaj-266	235	1	de	de	X
emaj-266	235	2	senna	senna	PROPN
emaj-266	235	3	,	,	PUNCT
emaj-266	235	4	v.	v.	PROPN
emaj-266	235	5	,	,	PUNCT
emaj-266	235	6	souza	souza	PROPN
emaj-266	235	7	,	,	PUNCT
emaj-266	235	8	a.m.	a.m.	PROPN
emaj-266	235	9	(	(	PUNCT
emaj-266	235	10	2022	2022	NUM
emaj-266	235	11	)	)	PUNCT
emaj-266	235	12	.	.	PUNCT
emaj-266	236	1	impacts	impact	NOUN
emaj-266	236	2	of	of	ADP
emaj-266	236	3	short	short	ADJ
emaj-266	236	4	and	and	CCONJ
emaj-266	236	5	long	long	ADJ
emaj-266	236	6	-	-	PUNCT
emaj-266	236	7	term	term	NOUN
emaj-266	236	8	between	between	ADP
emaj-266	236	9	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	236	10	and	and	CCONJ
emaj-266	236	11	stock	stock	NOUN
emaj-266	236	12	exchange	exchange	NOUN
emaj-266	236	13	indexes	index	NOUN
emaj-266	236	14	.	.	PUNCT
emaj-266	237	1	quality	quality	NOUN
emaj-266	237	2	&	&	CCONJ
emaj-266	237	3	quantity	quantity	NOUN
emaj-266	237	4	,	,	PUNCT
emaj-266	237	5	1	1	NUM
emaj-266	237	6	-	-	SYM
emaj-266	237	7	23	23	NUM
emaj-266	237	8	.	.	PUNCT
emaj-266	238	1	demir	demir	PROPN
emaj-266	238	2	,	,	PUNCT
emaj-266	238	3	e.	e.	PROPN
emaj-266	238	4	,	,	PUNCT
emaj-266	238	5	bilgin	bilgin	NOUN
emaj-266	238	6	,	,	PUNCT
emaj-266	238	7	m.h	m.h	PROPN
emaj-266	238	8	.	.	PROPN
emaj-266	238	9	,	,	PUNCT
emaj-266	238	10	karabulut	karabulut	PROPN
emaj-266	238	11	,	,	PUNCT
emaj-266	238	12	g.	g.	PROPN
emaj-266	238	13	&	&	CCONJ
emaj-266	238	14	doker	doker	PROPN
emaj-266	238	15	,	,	PUNCT
emaj-266	238	16	a.c	a.c	PROPN
emaj-266	238	17	.	.	PROPN
emaj-266	238	18	(	(	PUNCT
emaj-266	238	19	2020	2020	NUM
emaj-266	238	20	)	)	PUNCT
emaj-266	238	21	.	.	PUNCT
emaj-266	239	1	the	the	DET
emaj-266	239	2	relationship	relationship	NOUN
emaj-266	239	3	between	between	ADP
emaj-266	239	4	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	239	5	and	and	CCONJ
emaj-266	239	6	covid-19	covid-19	PROPN
emaj-266	239	7	pandemic	pandemic	NOUN
emaj-266	239	8	.	.	PUNCT
emaj-266	240	1	eurasian	eurasian	ADJ
emaj-266	240	2	economic	economic	PROPN
emaj-266	240	3	review	review	PROPN
emaj-266	240	4	,	,	PUNCT
emaj-266	240	5	10(3	10(3	NUM
emaj-266	240	6	)	)	PUNCT
emaj-266	240	7	,	,	PUNCT
emaj-266	240	8	349–360	349–360	NUM
emaj-266	240	9	.	.	PUNCT
emaj-266	241	1	dickey	dickey	PROPN
emaj-266	241	2	,	,	PUNCT
emaj-266	241	3	d.a	d.a	PROPN
emaj-266	241	4	.	.	PROPN
emaj-266	241	5	&	&	CCONJ
emaj-266	241	6	fuller	full	ADJ
emaj-266	241	7	,	,	PUNCT
emaj-266	241	8	w.a	w.a	PROPN
emaj-266	241	9	.	.	PROPN
emaj-266	241	10	(	(	PUNCT
emaj-266	241	11	1979	1979	NUM
emaj-266	241	12	)	)	PUNCT
emaj-266	241	13	.	.	PUNCT
emaj-266	242	1	distribution	distribution	NOUN
emaj-266	242	2	of	of	ADP
emaj-266	242	3	the	the	DET
emaj-266	242	4	estimators	estimator	NOUN
emaj-266	242	5	for	for	ADP
emaj-266	242	6	autoregressive	autoregressive	ADJ
emaj-266	242	7	time	time	NOUN
emaj-266	242	8	series	series	NOUN
emaj-266	242	9	with	with	ADP
emaj-266	242	10	a	a	DET
emaj-266	242	11	unit	unit	NOUN
emaj-266	242	12	root	root	NOUN
emaj-266	242	13	.	.	PUNCT
emaj-266	243	1	journal	journal	NOUN
emaj-266	243	2	of	of	ADP
emaj-266	243	3	the	the	DET
emaj-266	243	4	american	american	PROPN
emaj-266	243	5	statistical	statistical	PROPN
emaj-266	243	6	association	association	NOUN
emaj-266	243	7	,	,	PUNCT
emaj-266	243	8	74(366a	74(366a	NUM
emaj-266	243	9	)	)	PUNCT
emaj-266	243	10	,	,	PUNCT
emaj-266	243	11	427	427	NUM
emaj-266	243	12	-	-	SYM
emaj-266	243	13	431	431	NUM
emaj-266	243	14	.	.	PUNCT
emaj-266	244	1	duan	duan	PROPN
emaj-266	244	2	,	,	PUNCT
emaj-266	244	3	k.	k.	PROPN
emaj-266	244	4	,	,	PUNCT
emaj-266	244	5	li	li	PROPN
emaj-266	244	6	,	,	PUNCT
emaj-266	244	7	z.	z.	PROPN
emaj-266	244	8	,	,	PUNCT
emaj-266	244	9	urquhart	urquhart	PROPN
emaj-266	244	10	,	,	PUNCT
emaj-266	244	11	a.	a.	PROPN
emaj-266	244	12	&	&	CCONJ
emaj-266	244	13	ye	ye	PROPN
emaj-266	244	14	,	,	PUNCT
emaj-266	244	15	j.	j.	PROPN
emaj-266	244	16	(	(	PUNCT
emaj-266	244	17	2021	2021	NUM
emaj-266	244	18	)	)	PUNCT
emaj-266	244	19	.	.	PUNCT
emaj-266	245	1	dynamic	dynamic	ADJ
emaj-266	245	2	efficiency	efficiency	NOUN
emaj-266	245	3	and	and	CCONJ
emaj-266	245	4	arbitrage	arbitrage	NOUN
emaj-266	245	5	potential	potential	NOUN
emaj-266	245	6	in	in	ADP
emaj-266	245	7	bitcoin	bitcoin	NOUN
emaj-266	245	8	:	:	PUNCT
emaj-266	245	9	a	a	DET
emaj-266	245	10	long	long	ADJ
emaj-266	245	11	-	-	PUNCT
emaj-266	245	12	memory	memory	NOUN
emaj-266	245	13	approach	approach	NOUN
emaj-266	245	14	.	.	PUNCT
emaj-266	246	1	international	international	ADJ
emaj-266	246	2	review	review	NOUN
emaj-266	246	3	of	of	ADP
emaj-266	246	4	financial	financial	ADJ
emaj-266	246	5	analysis	analysis	NOUN
emaj-266	246	6	,	,	PUNCT
emaj-266	246	7	75	75	NUM
emaj-266	246	8	,	,	PUNCT
emaj-266	246	9	101725	101725	NUM
emaj-266	246	10	.	.	PUNCT
emaj-266	247	1	dyhrberg	dyhrberg	PROPN
emaj-266	247	2	,	,	PUNCT
emaj-266	247	3	a.h	a.h	PROPN
emaj-266	247	4	.	.	PROPN
emaj-266	247	5	(	(	PUNCT
emaj-266	247	6	2016	2016	NUM
emaj-266	247	7	)	)	PUNCT
emaj-266	247	8	.	.	PUNCT
emaj-266	248	1	bitcoin	bitcoin	PROPN
emaj-266	248	2	,	,	PUNCT
emaj-266	248	3	gold	gold	NOUN
emaj-266	248	4	and	and	CCONJ
emaj-266	248	5	the	the	DET
emaj-266	248	6	dollar	dollar	NOUN
emaj-266	248	7	–	–	PUNCT
emaj-266	248	8	a	a	DET
emaj-266	248	9	garch	garch	NOUN
emaj-266	248	10	volatility	volatility	NOUN
emaj-266	248	11	analysis	analysis	NOUN
emaj-266	248	12	.	.	PUNCT
emaj-266	249	1	finance	finance	NOUN
emaj-266	249	2	research	research	NOUN
emaj-266	249	3	letters	letter	NOUN
emaj-266	249	4	,	,	PUNCT
emaj-266	249	5	16	16	NUM
emaj-266	249	6	,	,	PUNCT
emaj-266	249	7	85	85	NUM
emaj-266	249	8	-	-	SYM
emaj-266	249	9	92	92	NUM
emaj-266	249	10	.	.	PUNCT
emaj-266	250	1	dynrberg	dynrberg	PROPN
emaj-266	250	2	,	,	PUNCT
emaj-266	250	3	a.h	a.h	PROPN
emaj-266	250	4	.	.	PROPN
emaj-266	250	5	(	(	PUNCT
emaj-266	250	6	2016b	2016b	NUM
emaj-266	250	7	)	)	PUNCT
emaj-266	250	8	.	.	PUNCT
emaj-266	251	1	hedging	hedge	VERB
emaj-266	251	2	capabilities	capability	NOUN
emaj-266	251	3	of	of	ADP
emaj-266	251	4	bitcoin	bitcoin	NOUN
emaj-266	251	5	.	.	PUNCT
emaj-266	252	1	is	be	AUX
emaj-266	252	2	the	the	DET
emaj-266	252	3	virtual	virtual	ADJ
emaj-266	252	4	gold	gold	NOUN
emaj-266	252	5	?	?	PUNCT
emaj-266	253	1	finance	finance	NOUN
emaj-266	253	2	research	research	NOUN
emaj-266	253	3	letters	letter	NOUN
emaj-266	253	4	,	,	PUNCT
emaj-266	253	5	16	16	NUM
emaj-266	253	6	,	,	PUNCT
emaj-266	253	7	139–144	139–144	NUM
emaj-266	253	8	.	.	X
emaj-266	254	1	elsayed	elsaye	VERB
emaj-266	254	2	,	,	PUNCT
emaj-266	254	3	a.h	a.h	PROPN
emaj-266	254	4	.	.	PROPN
emaj-266	254	5	,	,	PUNCT
emaj-266	254	6	gozgor	gozgor	ADJ
emaj-266	254	7	,	,	PUNCT
emaj-266	254	8	g.	g.	PROPN
emaj-266	254	9	&	&	CCONJ
emaj-266	254	10	lau	lau	PROPN
emaj-266	254	11	,	,	PUNCT
emaj-266	254	12	c.k.m	c.k.m	PROPN
emaj-266	254	13	.	.	PUNCT
emaj-266	255	1	(	(	PUNCT
emaj-266	255	2	2022	2022	NUM
emaj-266	255	3	)	)	PUNCT
emaj-266	255	4	.	.	PUNCT
emaj-266	256	1	risk	risk	NOUN
emaj-266	256	2	transmissions	transmission	NOUN
emaj-266	256	3	between	between	ADP
emaj-266	256	4	bitcoin	bitcoin	ADJ
emaj-266	256	5	and	and	CCONJ
emaj-266	256	6	traditional	traditional	ADJ
emaj-266	256	7	financial	financial	ADJ
emaj-266	256	8	assets	asset	NOUN
emaj-266	256	9	during	during	ADP
emaj-266	256	10	the	the	DET
emaj-266	256	11	covid-19	covid-19	PROPN
emaj-266	256	12	era	era	NOUN
emaj-266	256	13	:	:	PUNCT
emaj-266	256	14	the	the	DET
emaj-266	256	15	role	role	NOUN
emaj-266	256	16	of	of	ADP
emaj-266	256	17	global	global	ADJ
emaj-266	256	18	uncertainties	uncertainty	NOUN
emaj-266	256	19	.	.	PUNCT
emaj-266	257	1	international	international	ADJ
emaj-266	257	2	review	review	NOUN
emaj-266	257	3	of	of	ADP
emaj-266	257	4	financial	financial	ADJ
emaj-266	257	5	analysis	analysis	NOUN
emaj-266	257	6	,	,	PUNCT
emaj-266	257	7	81	81	NUM
emaj-266	257	8	,	,	PUNCT
emaj-266	257	9	102069	102069	NUM
emaj-266	257	10	.	.	PUNCT
emaj-266	258	1	erdas	erdas	PROPN
emaj-266	258	2	,	,	PUNCT
emaj-266	258	3	m.l	m.l	PROPN
emaj-266	258	4	.	.	PROPN
emaj-266	258	5	&	&	CCONJ
emaj-266	258	6	caglar	caglar	PROPN
emaj-266	258	7	,	,	PUNCT
emaj-266	258	8	a.e	a.e	PROPN
emaj-266	258	9	.	.	PROPN
emaj-266	258	10	(	(	PUNCT
emaj-266	258	11	2018	2018	NUM
emaj-266	258	12	)	)	PUNCT
emaj-266	258	13	.	.	PUNCT
emaj-266	259	1	analysis	analysis	NOUN
emaj-266	259	2	of	of	ADP
emaj-266	259	3	the	the	DET
emaj-266	259	4	relationships	relationship	NOUN
emaj-266	259	5	between	between	ADP
emaj-266	259	6	bitcoin	bitcoin	NOUN
emaj-266	259	7	and	and	CCONJ
emaj-266	259	8	exchange	exchange	NOUN
emaj-266	259	9	rate	rate	NOUN
emaj-266	259	10	,	,	PUNCT
emaj-266	259	11	commodities	commodity	NOUN
emaj-266	259	12	and	and	CCONJ
emaj-266	259	13	global	global	ADJ
emaj-266	259	14	indexes	index	NOUN
emaj-266	259	15	by	by	ADP
emaj-266	259	16	asymmetric	asymmetric	ADJ
emaj-266	259	17	causality	causality	NOUN
emaj-266	259	18	test	test	NOUN
emaj-266	259	19	.	.	PUNCT
emaj-266	260	1	eastern	eastern	ADJ
emaj-266	260	2	journal	journal	PROPN
emaj-266	260	3	of	of	ADP
emaj-266	260	4	european	european	PROPN
emaj-266	260	5	studies	study	NOUN
emaj-266	260	6	,	,	PUNCT
emaj-266	260	7	9(2	9(2	NUM
emaj-266	260	8	)	)	PUNCT
emaj-266	260	9	,	,	PUNCT
emaj-266	260	10	27	27	NUM
emaj-266	260	11	.	.	PUNCT
emaj-266	261	1	ghorbel	ghorbel	PROPN
emaj-266	261	2	,	,	PUNCT
emaj-266	261	3	a.	a.	PROPN
emaj-266	261	4	&	&	CCONJ
emaj-266	261	5	jeribi	jeribi	PROPN
emaj-266	261	6	,	,	PUNCT
emaj-266	261	7	a.	a.	NOUN
emaj-266	261	8	(	(	PUNCT
emaj-266	261	9	2021	2021	NUM
emaj-266	261	10	)	)	PUNCT
emaj-266	261	11	.	.	PUNCT
emaj-266	262	1	investigating	investigate	VERB
emaj-266	262	2	the	the	DET
emaj-266	262	3	relationship	relationship	NOUN
emaj-266	262	4	between	between	ADP
emaj-266	262	5	volatilities	volatility	NOUN
emaj-266	262	6	of	of	ADP
emaj-266	262	7	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	262	8	and	and	CCONJ
emaj-266	262	9	other	other	ADJ
emaj-266	262	10	financial	financial	ADJ
emaj-266	262	11	assets	asset	NOUN
emaj-266	262	12	.	.	PUNCT
emaj-266	263	1	decisions	decision	NOUN
emaj-266	263	2	in	in	ADP
emaj-266	263	3	economics	economic	NOUN
emaj-266	263	4	and	and	CCONJ
emaj-266	263	5	finance	finance	NOUN
emaj-266	263	6	,	,	PUNCT
emaj-266	263	7	44(2	44(2	NOUN
emaj-266	263	8	)	)	PUNCT
emaj-266	263	9	,	,	PUNCT
emaj-266	263	10	817–843	817–843	NUM
emaj-266	263	11	.	.	PUNCT
emaj-266	264	1	granger	granger	PROPN
emaj-266	264	2	,	,	PUNCT
emaj-266	264	3	c.	c.	PROPN
emaj-266	264	4	(	(	PUNCT
emaj-266	264	5	1988	1988	NUM
emaj-266	264	6	)	)	PUNCT
emaj-266	264	7	.	.	PUNCT
emaj-266	265	1	causality	causality	NOUN
emaj-266	265	2	,	,	PUNCT
emaj-266	265	3	cointegration	cointegration	NOUN
emaj-266	265	4	and	and	CCONJ
emaj-266	265	5	control	control	NOUN
emaj-266	265	6	.	.	PUNCT
emaj-266	266	1	journal	journal	PROPN
emaj-266	266	2	of	of	ADP
emaj-266	266	3	economic	economic	ADJ
emaj-266	266	4	dynamics	dynamic	NOUN
emaj-266	266	5	and	and	CCONJ
emaj-266	266	6	control	control	NOUN
emaj-266	266	7	,	,	PUNCT
emaj-266	266	8	12	12	NUM
emaj-266	266	9	,	,	PUNCT
emaj-266	266	10	551	551	NUM
emaj-266	266	11	-	-	SYM
emaj-266	266	12	559	559	NUM
emaj-266	266	13	.	.	PUNCT
emaj-266	267	1	gronwald	gronwald	NOUN
emaj-266	267	2	,	,	PUNCT
emaj-266	267	3	m.	m.	NOUN
emaj-266	267	4	(	(	PUNCT
emaj-266	267	5	2019	2019	NUM
emaj-266	267	6	)	)	PUNCT
emaj-266	267	7	.	.	PUNCT
emaj-266	268	1	is	be	AUX
emaj-266	268	2	bitcoin	bitcoin	VERB
emaj-266	268	3	a	a	DET
emaj-266	268	4	commodity	commodity	NOUN
emaj-266	268	5	?	?	PUNCT
emaj-266	269	1	on	on	ADP
emaj-266	269	2	price	price	NOUN
emaj-266	269	3	jumps	jump	NOUN
emaj-266	269	4	,	,	PUNCT
emaj-266	269	5	demand	demand	NOUN
emaj-266	269	6	shocks	shock	NOUN
emaj-266	269	7	,	,	PUNCT
emaj-266	269	8	and	and	CCONJ
emaj-266	269	9	certainty	certainty	NOUN
emaj-266	269	10	of	of	ADP
emaj-266	269	11	supply	supply	NOUN
emaj-266	269	12	.	.	PUNCT
emaj-266	270	1	journal	journal	NOUN
emaj-266	270	2	of	of	ADP
emaj-266	270	3	international	international	ADJ
emaj-266	270	4	money	money	NOUN
emaj-266	270	5	and	and	CCONJ
emaj-266	270	6	finance	finance	NOUN
emaj-266	270	7	,	,	PUNCT
emaj-266	270	8	97	97	NUM
emaj-266	270	9	,	,	PUNCT
emaj-266	270	10	86	86	NUM
emaj-266	270	11	-	-	SYM
emaj-266	270	12	92	92	NUM
emaj-266	270	13	.	.	PUNCT
emaj-266	271	1	gujarati	gujarati	PROPN
emaj-266	271	2	,	,	PUNCT
emaj-266	271	3	d.	d.	PROPN
emaj-266	271	4	(	(	PUNCT
emaj-266	271	5	2004	2004	NUM
emaj-266	271	6	)	)	PUNCT
emaj-266	271	7	.	.	PUNCT
emaj-266	272	1	basic	basic	ADJ
emaj-266	272	2	econometrics	econometric	NOUN
emaj-266	272	3	.	.	PUNCT
emaj-266	273	1	fourth	fourth	PROPN
emaj-266	273	2	edition	edition	NOUN
emaj-266	273	3	,	,	PUNCT
emaj-266	273	4	the	the	DET
emaj-266	273	5	mcgraw−	mcgraw−	PROPN
emaj-266	273	6	hill	hill	PROPN
emaj-266	273	7	compaines	compaines	PROPN
emaj-266	273	8	,	,	PUNCT
emaj-266	273	9	new	new	PROPN
emaj-266	273	10	york	york	PROPN
emaj-266	273	11	.	.	PUNCT
emaj-266	274	1	hayes	hayes	PROPN
emaj-266	274	2	,	,	PUNCT
emaj-266	274	3	a.s	a.s	PROPN
emaj-266	274	4	.	.	PROPN
emaj-266	274	5	(	(	PUNCT
emaj-266	274	6	2017	2017	NUM
emaj-266	274	7	)	)	PUNCT
emaj-266	274	8	.	.	PUNCT
emaj-266	275	1	cryptocurrency	cryptocurrency	NOUN
emaj-266	275	2	value	value	NOUN
emaj-266	275	3	formation	formation	NOUN
emaj-266	275	4	:	:	PUNCT
emaj-266	275	5	an	an	DET
emaj-266	275	6	empirical	empirical	ADJ
emaj-266	275	7	study	study	NOUN
emaj-266	275	8	leading	lead	VERB
emaj-266	275	9	to	to	ADP
emaj-266	275	10	a	a	DET
emaj-266	275	11	cost	cost	NOUN
emaj-266	275	12	of	of	ADP
emaj-266	275	13	production	production	NOUN
emaj-266	275	14	model	model	NOUN
emaj-266	275	15	for	for	ADP
emaj-266	275	16	valuing	value	VERB
emaj-266	275	17	bitcoin	bitcoin	NOUN
emaj-266	275	18	.	.	PUNCT
emaj-266	276	1	telematics	telematic	NOUN
emaj-266	276	2	and	and	CCONJ
emaj-266	276	3	informatics	informatic	NOUN
emaj-266	276	4	,	,	PUNCT
emaj-266	276	5	34(7	34(7	NUM
emaj-266	276	6	)	)	PUNCT
emaj-266	276	7	,	,	PUNCT
emaj-266	276	8	1308	1308	NUM
emaj-266	276	9	-	-	SYM
emaj-266	276	10	1321	1321	NUM
emaj-266	276	11	.	.	PUNCT
emaj-266	277	1	he	he	PRON
emaj-266	277	2	,	,	PUNCT
emaj-266	277	3	.s	.s	PROPN
emaj-266	277	4	,	,	PUNCT
emaj-266	277	5	sheng	sheng	PROPN
emaj-266	277	6	,	,	PUNCT
emaj-266	277	7	y.	y.	PROPN
emaj-266	277	8	&	&	CCONJ
emaj-266	277	9	zang	zang	PROPN
emaj-266	277	10	,	,	PUNCT
emaj-266	277	11	z.	z.	PROPN
emaj-266	277	12	(	(	PUNCT
emaj-266	277	13	2021	2021	NUM
emaj-266	277	14	,	,	PUNCT
emaj-266	277	15	december	december	PROPN
emaj-266	277	16	)	)	PUNCT
emaj-266	277	17	.	.	PUNCT
emaj-266	278	1	feasibility	feasibility	NOUN
emaj-266	278	2	study	study	NOUN
emaj-266	278	3	of	of	ADP
emaj-266	278	4	bitcoin	bitcoin	ADJ
emaj-266	278	5	hedging	hedging	NOUN
emaj-266	278	6	the	the	DET
emaj-266	278	7	us	us	PROPN
emaj-266	278	8	stock	stock	NOUN
emaj-266	278	9	market	market	NOUN
emaj-266	278	10	.	.	PUNCT
emaj-266	279	1	in	in	ADP
emaj-266	279	2	2021	2021	NUM
emaj-266	279	3	3rd	3rd	ADJ
emaj-266	279	4	international	international	ADJ
emaj-266	279	5	conference	conference	NOUN
emaj-266	279	6	on	on	ADP
emaj-266	279	7	economic	economic	ADJ
emaj-266	279	8	management	management	NOUN
emaj-266	279	9	and	and	CCONJ
emaj-266	279	10	cultural	cultural	ADJ
emaj-266	279	11	industry	industry	NOUN
emaj-266	279	12	(	(	PUNCT
emaj-266	279	13	icemci	icemci	NOUN
emaj-266	279	14	2021	2021	NUM
emaj-266	279	15	)	)	PUNCT
emaj-266	279	16	(	(	PUNCT
emaj-266	279	17	pp	pp	ADV
emaj-266	279	18	.	.	PUNCT
emaj-266	280	1	18111818	18111818	NUM
emaj-266	280	2	)	)	PUNCT
emaj-266	280	3	atlantis	atlantis	PROPN
emaj-266	280	4	press	press	PROPN
emaj-266	280	5	.	.	PUNCT
emaj-266	281	1	huang	huang	PROPN
emaj-266	281	2	,	,	PUNCT
emaj-266	281	3	y.	y.	PROPN
emaj-266	281	4	,	,	PUNCT
emaj-266	281	5	duan	duan	PROPN
emaj-266	281	6	,	,	PUNCT
emaj-266	281	7	k.	k.	PROPN
emaj-266	281	8	&	&	CCONJ
emaj-266	281	9	mishra	mishra	PROPN
emaj-266	281	10	,	,	PUNCT
emaj-266	281	11	t.	t.	PROPN
emaj-266	281	12	(	(	PUNCT
emaj-266	281	13	2021	2021	NUM
emaj-266	281	14	)	)	PUNCT
emaj-266	281	15	.	.	PUNCT
emaj-266	281	16	is	be	AUX
emaj-266	281	17	bitcoin	bitcoin	ADJ
emaj-266	281	18	really	really	ADV
emaj-266	281	19	more	more	ADJ
emaj-266	281	20	than	than	ADP
emaj-266	281	21	a	a	DET
emaj-266	281	22	diversifier	diversifier	NOUN
emaj-266	281	23	?	?	PUNCT
emaj-266	282	1	a	a	DET
emaj-266	282	2	pre	pre	ADJ
emaj-266	282	3	-	-	ADJ
emaj-266	282	4	and	and	CCONJ
emaj-266	282	5	postcovid-19	postcovid-19	PROPN
emaj-266	282	6	analysis	analysis	NOUN
emaj-266	282	7	.	.	PUNCT
emaj-266	283	1	finance	finance	NOUN
emaj-266	283	2	research	research	NOUN
emaj-266	283	3	letters	letter	NOUN
emaj-266	283	4	,	,	PUNCT
emaj-266	283	5	43	43	NUM
emaj-266	283	6	,	,	PUNCT
emaj-266	283	7	102016	102016	NUM
emaj-266	283	8	.	.	PUNCT
emaj-266	284	1	international	international	ADJ
emaj-266	284	2	monetary	monetary	ADJ
emaj-266	284	3	fund	fund	NOUN
emaj-266	284	4	(	(	PUNCT
emaj-266	284	5	2021	2021	NUM
emaj-266	284	6	)	)	PUNCT
emaj-266	284	7	.	.	PUNCT
emaj-266	285	1	global	global	ADJ
emaj-266	285	2	financial	financial	ADJ
emaj-266	285	3	stability	stability	NOUN
emaj-266	285	4	report	report	NOUN
emaj-266	285	5	—	—	PUNCT
emaj-266	285	6	covid-19	covid-19	PROPN
emaj-266	285	7	,	,	PUNCT
emaj-266	285	8	crypto	crypto	NOUN
emaj-266	285	9	,	,	PUNCT
emaj-266	285	10	and	and	CCONJ
emaj-266	285	11	climate	climate	NOUN
emaj-266	285	12	:	:	PUNCT
emaj-266	285	13	navigating	navigate	VERB
emaj-266	285	14	challenging	challenging	ADJ
emaj-266	285	15	transitions	transition	NOUN
emaj-266	285	16	.	.	PUNCT
emaj-266	286	1	washington	washington	PROPN
emaj-266	286	2	,	,	PUNCT
emaj-266	286	3	dc	dc	PROPN
emaj-266	286	4	,	,	PUNCT
emaj-266	286	5	october	october	PROPN
emaj-266	286	6	.	.	PUNCT
emaj-266	287	1	ji	ji	PROPN
emaj-266	287	2	,	,	PUNCT
emaj-266	287	3	q.	q.	PROPN
emaj-266	287	4	,	,	PUNCT
emaj-266	287	5	bouri	bouri	PROPN
emaj-266	287	6	,	,	PUNCT
emaj-266	287	7	e.	e.	PROPN
emaj-266	287	8	,	,	PUNCT
emaj-266	287	9	gupta	gupta	PROPN
emaj-266	287	10	,	,	PUNCT
emaj-266	287	11	r.	r.	PROPN
emaj-266	287	12	&	&	CCONJ
emaj-266	287	13	roubaud	roubaud	PROPN
emaj-266	287	14	,	,	PUNCT
emaj-266	287	15	d.	d.	PROPN
emaj-266	287	16	(	(	PUNCT
emaj-266	287	17	2018	2018	NUM
emaj-266	287	18	)	)	PUNCT
emaj-266	287	19	.	.	PUNCT
emaj-266	288	1	network	network	NOUN
emaj-266	288	2	causality	causality	NOUN
emaj-266	288	3	structures	structure	NOUN
emaj-266	288	4	among	among	ADP
emaj-266	288	5	bitcoin	bitcoin	ADJ
emaj-266	288	6	and	and	CCONJ
emaj-266	288	7	other	other	ADJ
emaj-266	288	8	financial	financial	ADJ
emaj-266	288	9	assets	asset	NOUN
emaj-266	288	10	:	:	PUNCT
emaj-266	288	11	a	a	DET
emaj-266	288	12	directed	direct	VERB
emaj-266	288	13	acyclic	acyclic	ADJ
emaj-266	288	14	graph	graph	NOUN
emaj-266	288	15	approach	approach	NOUN
emaj-266	288	16	.	.	PUNCT
emaj-266	289	1	the	the	DET
emaj-266	289	2	quarterly	quarterly	ADJ
emaj-266	289	3	review	review	NOUN
emaj-266	289	4	of	of	ADP
emaj-266	289	5	economics	economic	NOUN
emaj-266	289	6	and	and	CCONJ
emaj-266	289	7	finance	finance	NOUN
emaj-266	289	8	,	,	PUNCT
emaj-266	289	9	70	70	NUM
emaj-266	289	10	,	,	PUNCT
emaj-266	289	11	203	203	NUM
emaj-266	289	12	-	-	SYM
emaj-266	289	13	213	213	NUM
emaj-266	289	14	.	.	PUNCT
emaj-266	290	1	johansen	johansen	PROPN
emaj-266	290	2	,	,	PUNCT
emaj-266	290	3	s.	s.	PROPN
emaj-266	290	4	(	(	PUNCT
emaj-266	290	5	1988	1988	NUM
emaj-266	290	6	)	)	PUNCT
emaj-266	290	7	.	.	PUNCT
emaj-266	291	1	statistical	statistical	ADJ
emaj-266	291	2	analysis	analysis	NOUN
emaj-266	291	3	of	of	ADP
emaj-266	291	4	cointegration	cointegration	NOUN
emaj-266	291	5	vectors	vector	NOUN
emaj-266	291	6	.	.	PUNCT
emaj-266	292	1	journal	journal	NOUN
emaj-266	292	2	of	of	ADP
emaj-266	292	3	economic	economic	ADJ
emaj-266	292	4	dynamics	dynamic	NOUN
emaj-266	292	5	and	and	CCONJ
emaj-266	292	6	control	control	NOUN
emaj-266	292	7	,	,	PUNCT
emaj-266	292	8	12:2	12:2	NUM
emaj-266	292	9	-	-	SYM
emaj-266	292	10	3	3	NUM
emaj-266	292	11	,	,	PUNCT
emaj-266	292	12	231	231	NUM
emaj-266	292	13	-	-	SYM
emaj-266	292	14	254	254	NUM
emaj-266	292	15	.	.	PUNCT
emaj-266	293	1	https://coinmarketcap.com/	https://coinmarketcap.com/	NOUN
emaj-266	293	2	https://doi.org/10.1016/j.econlet.2018.01.004	https://doi.org/10.1016/j.econlet.2018.01.004	ADJ
emaj-266	293	3	volume	volume	NOUN
emaj-266	293	4	12	12	NUM
emaj-266	293	5	no	no	DET
emaj-266	293	6	2	2	NUM
emaj-266	293	7	(	(	PUNCT
emaj-266	293	8	2022	2022	NUM
emaj-266	293	9	)	)	PUNCT
emaj-266	293	10	|	|	ADV
emaj-266	293	11	issn	issn	VERB
emaj-266	293	12	2158	2158	NUM
emaj-266	293	13	-	-	SYM
emaj-266	293	14	8708	8708	NUM
emaj-266	293	15	(	(	PUNCT
emaj-266	293	16	online	online	NOUN
emaj-266	293	17	)	)	PUNCT
emaj-266	293	18	|	|	ADV
emaj-266	293	19	doi	doi	X
emaj-266	293	20	10.5195	10.5195	NUM
emaj-266	293	21	/	/	SYM
emaj-266	293	22	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	293	23	|	|	ADV
emaj-266	293	24	http://emaj.pitt.edu	http://emaj.pitt.edu	VERB
emaj-266	293	25	investigating	investigate	VERB
emaj-266	293	26	the	the	DET
emaj-266	293	27	market	market	NOUN
emaj-266	293	28	linkages	linkage	NOUN
emaj-266	293	29	between	between	ADP
emaj-266	293	30	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	293	31	and	and	CCONJ
emaj-266	293	32	conventional	conventional	ADJ
emaj-266	293	33	assets	asset	NOUN
emaj-266	293	34	page	page	NOUN
emaj-266	293	35	|44|	|44|	NOUN
emaj-266	293	36	emerging	emerge	VERB
emaj-266	293	37	markets	market	NOUN
emaj-266	293	38	journal	journal	PROPN
emaj-266	293	39	kang	kang	PROPN
emaj-266	293	40	,	,	PUNCT
emaj-266	293	41	s.h	s.h	PROPN
emaj-266	293	42	.	.	PROPN
emaj-266	293	43	,	,	PUNCT
emaj-266	293	44	yoon	yoon	PROPN
emaj-266	293	45	,	,	PUNCT
emaj-266	293	46	s.m	s.m	PROPN
emaj-266	293	47	.	.	PROPN
emaj-266	293	48	,	,	PUNCT
emaj-266	293	49	bekiros	bekiros	PROPN
emaj-266	293	50	,	,	PUNCT
emaj-266	293	51	s.	s.	PROPN
emaj-266	293	52	&	&	CCONJ
emaj-266	293	53	uddin	uddin	PROPN
emaj-266	293	54	,	,	PUNCT
emaj-266	293	55	g.s	g.s	PROPN
emaj-266	293	56	.	.	PROPN
emaj-266	293	57	(	(	PUNCT
emaj-266	293	58	2020	2020	NUM
emaj-266	293	59	)	)	PUNCT
emaj-266	293	60	.	.	PUNCT
emaj-266	294	1	bitcoin	bitcoin	VERB
emaj-266	294	2	as	as	ADP
emaj-266	294	3	hedge	hedge	NOUN
emaj-266	294	4	or	or	CCONJ
emaj-266	294	5	safe	safe	ADJ
emaj-266	294	6	haven	haven	NOUN
emaj-266	294	7	:	:	PUNCT
emaj-266	294	8	evidence	evidence	NOUN
emaj-266	294	9	from	from	ADP
emaj-266	294	10	stock	stock	NOUN
emaj-266	294	11	,	,	PUNCT
emaj-266	294	12	currency	currency	NOUN
emaj-266	294	13	,	,	PUNCT
emaj-266	294	14	bond	bond	NOUN
emaj-266	294	15	and	and	CCONJ
emaj-266	294	16	derivatives	derivative	NOUN
emaj-266	294	17	markets	market	NOUN
emaj-266	294	18	.	.	PUNCT
emaj-266	295	1	computational	computational	ADJ
emaj-266	295	2	economics	economic	NOUN
emaj-266	295	3	,	,	PUNCT
emaj-266	295	4	56(2	56(2	ADJ
emaj-266	295	5	)	)	PUNCT
emaj-266	295	6	,	,	PUNCT
emaj-266	295	7	529	529	NUM
emaj-266	295	8	-	-	SYM
emaj-266	295	9	545	545	NUM
emaj-266	295	10	.	.	PUNCT
emaj-266	296	1	katsiampa	katsiampa	PROPN
emaj-266	296	2	,	,	PUNCT
emaj-266	296	3	p.	p.	NOUN
emaj-266	296	4	(	(	PUNCT
emaj-266	296	5	2017	2017	NUM
emaj-266	296	6	)	)	PUNCT
emaj-266	296	7	.	.	PUNCT
emaj-266	297	1	volatility	volatility	NOUN
emaj-266	297	2	estimation	estimation	NOUN
emaj-266	297	3	for	for	ADP
emaj-266	297	4	bitcoin	bitcoin	NOUN
emaj-266	297	5	:	:	PUNCT
emaj-266	297	6	a	a	DET
emaj-266	297	7	comparison	comparison	NOUN
emaj-266	297	8	of	of	ADP
emaj-266	297	9	garch	garch	NOUN
emaj-266	297	10	models	model	NOUN
emaj-266	297	11	.	.	PUNCT
emaj-266	298	1	economics	economic	NOUN
emaj-266	298	2	letters	letter	NOUN
emaj-266	298	3	,	,	PUNCT
emaj-266	298	4	158	158	NUM
emaj-266	298	5	,	,	PUNCT
emaj-266	298	6	3	3	NUM
emaj-266	298	7	-	-	SYM
emaj-266	298	8	6	6	NUM
emaj-266	298	9	.	.	PUNCT
emaj-266	299	1	klein	klein	PROPN
emaj-266	299	2	,	,	PUNCT
emaj-266	299	3	t.	t.	PROPN
emaj-266	299	4	,	,	PUNCT
emaj-266	299	5	thu	thu	PROPN
emaj-266	299	6	,	,	PUNCT
emaj-266	299	7	h.p	h.p	PROPN
emaj-266	299	8	.	.	PROPN
emaj-266	299	9	&	&	CCONJ
emaj-266	299	10	walther	walther	PROPN
emaj-266	299	11	,	,	PUNCT
emaj-266	299	12	t.	t.	PROPN
emaj-266	299	13	(	(	PUNCT
emaj-266	299	14	2018	2018	NUM
emaj-266	299	15	)	)	PUNCT
emaj-266	299	16	.	.	PUNCT
emaj-266	300	1	bitcoin	bitcoin	PROPN
emaj-266	300	2	is	be	AUX
emaj-266	300	3	not	not	PART
emaj-266	300	4	the	the	DET
emaj-266	300	5	new	new	ADJ
emaj-266	300	6	gold	gold	NOUN
emaj-266	300	7	–	–	PUNCT
emaj-266	300	8	a	a	DET
emaj-266	300	9	comparison	comparison	NOUN
emaj-266	300	10	of	of	ADP
emaj-266	300	11	volatility	volatility	NOUN
emaj-266	300	12	,	,	PUNCT
emaj-266	300	13	correlation	correlation	NOUN
emaj-266	300	14	,	,	PUNCT
emaj-266	300	15	and	and	CCONJ
emaj-266	300	16	portfolio	portfolio	NOUN
emaj-266	300	17	performance	performance	NOUN
emaj-266	300	18	.	.	PUNCT
emaj-266	301	1	international	international	ADJ
emaj-266	301	2	review	review	NOUN
emaj-266	301	3	of	of	ADP
emaj-266	301	4	financial	financial	ADJ
emaj-266	301	5	analysis	analysis	NOUN
emaj-266	301	6	,	,	PUNCT
emaj-266	301	7	59	59	NUM
emaj-266	301	8	,	,	PUNCT
emaj-266	301	9	105	105	NUM
emaj-266	301	10	-	-	SYM
emaj-266	301	11	116	116	NUM
emaj-266	301	12	.	.	PUNCT
emaj-266	302	1	kliber	kliber	PROPN
emaj-266	302	2	,	,	PUNCT
emaj-266	302	3	a.	a.	PROPN
emaj-266	302	4	,	,	PUNCT
emaj-266	302	5	marszałek	marszałek	PROPN
emaj-266	302	6	,	,	PUNCT
emaj-266	302	7	p.	p.	NOUN
emaj-266	302	8	,	,	PUNCT
emaj-266	302	9	musiałkowska	musiałkowska	PROPN
emaj-266	302	10	,	,	PUNCT
emaj-266	302	11	i.	i.	PROPN
emaj-266	302	12	&	&	CCONJ
emaj-266	302	13	świerczyńska	świerczyńska	PROPN
emaj-266	302	14	,	,	PUNCT
emaj-266	302	15	k.	k.	PROPN
emaj-266	302	16	(	(	PUNCT
emaj-266	302	17	2019	2019	NUM
emaj-266	302	18	)	)	PUNCT
emaj-266	302	19	.	.	PUNCT
emaj-266	303	1	bitcoin	bitcoin	NOUN
emaj-266	303	2	:	:	PUNCT
emaj-266	303	3	safe	safe	ADJ
emaj-266	303	4	haven	haven	NOUN
emaj-266	303	5	,	,	PUNCT
emaj-266	303	6	hedge	hedge	NOUN
emaj-266	303	7	or	or	CCONJ
emaj-266	303	8	diversifier	diversifi	ADJ
emaj-266	303	9	?	?	PUNCT
emaj-266	304	1	perception	perception	NOUN
emaj-266	304	2	of	of	ADP
emaj-266	304	3	bitcoin	bitcoin	NOUN
emaj-266	304	4	in	in	ADP
emaj-266	304	5	the	the	DET
emaj-266	304	6	context	context	NOUN
emaj-266	304	7	of	of	ADP
emaj-266	304	8	a	a	DET
emaj-266	304	9	country	country	NOUN
emaj-266	304	10	’s	’s	PART
emaj-266	304	11	economic	economic	ADJ
emaj-266	304	12	situation	situation	NOUN
emaj-266	304	13	—	—	PUNCT
emaj-266	304	14	a	a	DET
emaj-266	304	15	stochastic	stochastic	ADJ
emaj-266	304	16	volatility	volatility	NOUN
emaj-266	304	17	approach	approach	NOUN
emaj-266	304	18	.	.	PUNCT
emaj-266	305	1	physica	physica	PROPN
emaj-266	305	2	a	a	DET
emaj-266	305	3	:	:	PUNCT
emaj-266	305	4	statistical	statistical	ADJ
emaj-266	305	5	mechanics	mechanic	NOUN
emaj-266	305	6	and	and	CCONJ
emaj-266	305	7	its	its	PRON
emaj-266	305	8	applications	application	NOUN
emaj-266	305	9	,	,	PUNCT
emaj-266	305	10	524	524	NUM
emaj-266	305	11	,	,	PUNCT
emaj-266	305	12	246	246	NUM
emaj-266	305	13	-	-	SYM
emaj-266	305	14	257	257	NUM
emaj-266	305	15	.	.	PUNCT
emaj-266	306	1	le	le	X
emaj-266	306	2	,	,	PUNCT
emaj-266	306	3	t.n	t.n	PROPN
emaj-266	306	4	.	.	PROPN
emaj-266	306	5	,	,	PUNCT
emaj-266	306	6	hau	hau	PROPN
emaj-266	306	7	long	long	PROPN
emaj-266	306	8	,	,	PUNCT
emaj-266	306	9	l.e	l.e	PROPN
emaj-266	306	10	.	.	PROPN
emaj-266	306	11	&	&	CCONJ
emaj-266	306	12	pham	pham	PROPN
emaj-266	306	13	,	,	PUNCT
emaj-266	306	14	x.q	x.q	PROPN
emaj-266	306	15	.	.	PROPN
emaj-266	306	16	(	(	PUNCT
emaj-266	306	17	2021	2021	NUM
emaj-266	306	18	)	)	PUNCT
emaj-266	306	19	.	.	PUNCT
emaj-266	307	1	relationship	relationship	NOUN
emaj-266	307	2	between	between	ADP
emaj-266	307	3	gold	gold	NOUN
emaj-266	307	4	and	and	CCONJ
emaj-266	307	5	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	307	6	:	:	PUNCT
emaj-266	307	7	evidence	evidence	NOUN
emaj-266	307	8	from	from	ADP
emaj-266	307	9	the	the	DET
emaj-266	307	10	granger	granger	PROPN
emaj-266	307	11	causality	causality	NOUN
emaj-266	307	12	tests	test	NOUN
emaj-266	307	13	.	.	PUNCT
emaj-266	308	1	indian	indian	ADJ
emaj-266	308	2	journal	journal	PROPN
emaj-266	308	3	of	of	ADP
emaj-266	308	4	economics	economic	NOUN
emaj-266	308	5	and	and	CCONJ
emaj-266	308	6	business	business	NOUN
emaj-266	308	7	,	,	PUNCT
emaj-266	308	8	20(4	20(4	NOUN
emaj-266	308	9	)	)	PUNCT
emaj-266	308	10	.	.	PUNCT
emaj-266	309	1	li	li	PROPN
emaj-266	309	2	,	,	PUNCT
emaj-266	309	3	x.	x.	PROPN
emaj-266	309	4	,	,	PUNCT
emaj-266	309	5	&	&	CCONJ
emaj-266	309	6	wang	wang	PROPN
emaj-266	309	7	,	,	PUNCT
emaj-266	309	8	c.a	c.a	PROPN
emaj-266	309	9	.	.	PROPN
emaj-266	309	10	(	(	PUNCT
emaj-266	309	11	2017	2017	NUM
emaj-266	309	12	)	)	PUNCT
emaj-266	309	13	.	.	PUNCT
emaj-266	310	1	the	the	DET
emaj-266	310	2	technology	technology	NOUN
emaj-266	310	3	and	and	CCONJ
emaj-266	310	4	economic	economic	ADJ
emaj-266	310	5	determinants	determinant	NOUN
emaj-266	310	6	of	of	ADP
emaj-266	310	7	cryptocurrency	cryptocurrency	NOUN
emaj-266	310	8	exchange	exchange	NOUN
emaj-266	310	9	rates	rate	NOUN
emaj-266	310	10	:	:	PUNCT
emaj-266	310	11	the	the	DET
emaj-266	310	12	case	case	NOUN
emaj-266	310	13	of	of	ADP
emaj-266	310	14	bitcoin	bitcoin	NOUN
emaj-266	310	15	.	.	PUNCT
emaj-266	311	1	decision	decision	NOUN
emaj-266	311	2	support	support	NOUN
emaj-266	311	3	systems	system	NOUN
emaj-266	311	4	,	,	PUNCT
emaj-266	311	5	95	95	NUM
emaj-266	311	6	,	,	PUNCT
emaj-266	311	7	49	49	NUM
emaj-266	311	8	-	-	SYM
emaj-266	311	9	60	60	NUM
emaj-266	311	10	.	.	PUNCT
emaj-266	312	1	li	li	PROPN
emaj-266	312	2	,	,	PUNCT
emaj-266	312	3	y.	y.	PROPN
emaj-266	312	4	,	,	PUNCT
emaj-266	312	5	jiang	jiang	PROPN
emaj-266	312	6	,	,	PUNCT
emaj-266	312	7	s.	s.	PROPN
emaj-266	312	8	,	,	PUNCT
emaj-266	312	9	wei	wei	PROPN
emaj-266	312	10	,	,	PUNCT
emaj-266	312	11	y.	y.	PROPN
emaj-266	312	12	&	&	CCONJ
emaj-266	312	13	wang	wang	PROPN
emaj-266	312	14	,	,	PUNCT
emaj-266	312	15	s.	s.	PROPN
emaj-266	312	16	(	(	PUNCT
emaj-266	312	17	2021	2021	NUM
emaj-266	312	18	)	)	PUNCT
emaj-266	312	19	.	.	PUNCT
emaj-266	313	1	take	take	VERB
emaj-266	313	2	bitcoin	bitcoin	NOUN
emaj-266	313	3	into	into	ADP
emaj-266	313	4	your	your	PRON
emaj-266	313	5	portfolio	portfolio	NOUN
emaj-266	313	6	:	:	PUNCT
emaj-266	313	7	a	a	DET
emaj-266	313	8	novel	novel	ADJ
emaj-266	313	9	ensemble	ensemble	ADJ
emaj-266	313	10	portfolio	portfolio	NOUN
emaj-266	313	11	optimization	optimization	NOUN
emaj-266	313	12	framework	framework	NOUN
emaj-266	313	13	for	for	ADP
emaj-266	313	14	broad	broad	ADJ
emaj-266	313	15	commodity	commodity	NOUN
emaj-266	313	16	assets	asset	NOUN
emaj-266	313	17	.	.	PUNCT
emaj-266	314	1	financial	financial	ADJ
emaj-266	314	2	innovation	innovation	NOUN
emaj-266	314	3	,	,	PUNCT
emaj-266	314	4	7(1	7(1	NUM
emaj-266	314	5	)	)	PUNCT
emaj-266	314	6	,	,	PUNCT
emaj-266	314	7	1	1	NUM
emaj-266	314	8	-	-	SYM
emaj-266	314	9	26	26	NUM
emaj-266	314	10	.	.	PUNCT
emaj-266	315	1	li	li	PROPN
emaj-266	315	2	,	,	PUNCT
emaj-266	315	3	z.	z.	PROPN
emaj-266	315	4	,	,	PUNCT
emaj-266	315	5	ao	ao	PROPN
emaj-266	315	6	,	,	PUNCT
emaj-266	315	7	z.	z.	PROPN
emaj-266	315	8	&	&	CCONJ
emaj-266	315	9	mo	mo	PROPN
emaj-266	315	10	,	,	PUNCT
emaj-266	315	11	b.	b.	PROPN
emaj-266	315	12	(	(	PUNCT
emaj-266	315	13	2021	2021	NUM
emaj-266	315	14	)	)	PUNCT
emaj-266	315	15	.	.	PUNCT
emaj-266	316	1	revisiting	revisit	VERB
emaj-266	316	2	the	the	DET
emaj-266	316	3	valuable	valuable	ADJ
emaj-266	316	4	roles	role	NOUN
emaj-266	316	5	of	of	ADP
emaj-266	316	6	global	global	ADJ
emaj-266	316	7	financial	financial	ADJ
emaj-266	316	8	assets	asset	NOUN
emaj-266	316	9	for	for	ADP
emaj-266	316	10	international	international	ADJ
emaj-266	316	11	stock	stock	NOUN
emaj-266	316	12	markets	market	NOUN
emaj-266	316	13	:	:	PUNCT
emaj-266	316	14	quantile	quantile	ADJ
emaj-266	316	15	coherence	coherence	NOUN
emaj-266	316	16	and	and	CCONJ
emaj-266	316	17	causality	causality	NOUN
emaj-266	316	18	-	-	PUNCT
emaj-266	316	19	in	in	ADP
emaj-266	316	20	-	-	PUNCT
emaj-266	316	21	quantiles	quantile	NOUN
emaj-266	316	22	approaches	approach	NOUN
emaj-266	316	23	.	.	PUNCT
emaj-266	317	1	mathematics	mathematic	NOUN
emaj-266	317	2	,	,	PUNCT
emaj-266	317	3	9(15	9(15	NUM
emaj-266	317	4	)	)	PUNCT
emaj-266	317	5	,	,	PUNCT
emaj-266	317	6	1750	1750	NUM
emaj-266	317	7	.	.	PUNCT
emaj-266	318	1	lin	lin	PROPN
emaj-266	318	2	,	,	PUNCT
emaj-266	318	3	m.y	m.y	PROPN
emaj-266	318	4	.	.	PROPN
emaj-266	318	5	&	&	CCONJ
emaj-266	318	6	an	an	PRON
emaj-266	318	7	,	,	PUNCT
emaj-266	318	8	c.l	c.l	PROPN
emaj-266	318	9	.	.	PROPN
emaj-266	318	10	(	(	PUNCT
emaj-266	318	11	2021	2021	NUM
emaj-266	318	12	)	)	PUNCT
emaj-266	318	13	.	.	PUNCT
emaj-266	319	1	the	the	DET
emaj-266	319	2	relationship	relationship	NOUN
emaj-266	319	3	between	between	ADP
emaj-266	319	4	bitcoin	bitcoin	NOUN
emaj-266	319	5	and	and	CCONJ
emaj-266	319	6	resource	resource	NOUN
emaj-266	319	7	commodity	commodity	NOUN
emaj-266	319	8	futures	future	NOUN
emaj-266	319	9	:	:	PUNCT
emaj-266	319	10	evidence	evidence	NOUN
emaj-266	319	11	from	from	ADP
emaj-266	319	12	nardl	nardl	NOUN
emaj-266	319	13	approach	approach	NOUN
emaj-266	319	14	.	.	PUNCT
emaj-266	320	1	resources	resource	NOUN
emaj-266	320	2	policy	policy	NOUN
emaj-266	320	3	,	,	PUNCT
emaj-266	320	4	74	74	NUM
emaj-266	320	5	,	,	PUNCT
emaj-266	320	6	102383	102383	NUM
emaj-266	320	7	.	.	PUNCT
emaj-266	321	1	liu	liu	PROPN
emaj-266	321	2	,	,	PUNCT
emaj-266	321	3	y.	y.	PROPN
emaj-266	321	4	&	&	CCONJ
emaj-266	321	5	tsyvinski	tsyvinski	PROPN
emaj-266	321	6	,	,	PUNCT
emaj-266	321	7	a.	a.	NOUN
emaj-266	321	8	(	(	PUNCT
emaj-266	321	9	2021	2021	NUM
emaj-266	321	10	)	)	PUNCT
emaj-266	321	11	.	.	PUNCT
emaj-266	322	1	risks	risk	NOUN
emaj-266	322	2	and	and	CCONJ
emaj-266	322	3	returns	return	NOUN
emaj-266	322	4	of	of	ADP
emaj-266	322	5	cryptocurrency	cryptocurrency	NOUN
emaj-266	322	6	.	.	PUNCT
emaj-266	323	1	the	the	DET
emaj-266	323	2	review	review	NOUN
emaj-266	323	3	of	of	ADP
emaj-266	323	4	financial	financial	ADJ
emaj-266	323	5	studies	study	NOUN
emaj-266	323	6	,	,	PUNCT
emaj-266	323	7	34(6	34(6	NOUN
emaj-266	323	8	)	)	PUNCT
emaj-266	323	9	,	,	PUNCT
emaj-266	323	10	2689	2689	NUM
emaj-266	323	11	-	-	SYM
emaj-266	323	12	2727	2727	NUM
emaj-266	323	13	.	.	PUNCT
emaj-266	324	1	luu	luu	PROPN
emaj-266	324	2	duc	duc	PROPN
emaj-266	324	3	huynh	huynh	PROPN
emaj-266	324	4	,	,	PUNCT
emaj-266	324	5	t.	t.	PROPN
emaj-266	324	6	(	(	PUNCT
emaj-266	324	7	2019	2019	NUM
emaj-266	324	8	)	)	PUNCT
emaj-266	324	9	.	.	PUNCT
emaj-266	325	1	spillover	spillover	VERB
emaj-266	325	2	risks	risk	NOUN
emaj-266	325	3	on	on	ADP
emaj-266	325	4	cryptocurrency	cryptocurrency	NOUN
emaj-266	325	5	markets	market	NOUN
emaj-266	325	6	:	:	PUNCT
emaj-266	325	7	a	a	DET
emaj-266	325	8	look	look	NOUN
emaj-266	325	9	from	from	ADP
emaj-266	325	10	varsvar	varsvar	PROPN
emaj-266	325	11	granger	granger	PROPN
emaj-266	325	12	causality	causality	PROPN
emaj-266	325	13	and	and	CCONJ
emaj-266	325	14	student’st	student’st	NOUN
emaj-266	325	15	copulas	copula	NOUN
emaj-266	325	16	.	.	PUNCT
emaj-266	325	17	journal	journal	NOUN
emaj-266	325	18	of	of	ADP
emaj-266	325	19	risk	risk	NOUN
emaj-266	325	20	and	and	CCONJ
emaj-266	325	21	financial	financial	ADJ
emaj-266	325	22	management	management	NOUN
emaj-266	325	23	,	,	PUNCT
emaj-266	325	24	12(2	12(2	NUM
emaj-266	325	25	)	)	PUNCT
emaj-266	325	26	,	,	PUNCT
emaj-266	325	27	52	52	NUM
emaj-266	325	28	.	.	PUNCT
emaj-266	326	1	maghyereh	maghyereh	NOUN
emaj-266	326	2	,	,	PUNCT
emaj-266	326	3	a.	a.	PROPN
emaj-266	326	4	&	&	CCONJ
emaj-266	326	5	abdoh	abdoh	PROPN
emaj-266	326	6	,	,	PUNCT
emaj-266	326	7	h.	h.	PROPN
emaj-266	326	8	(	(	PUNCT
emaj-266	326	9	2021	2021	NUM
emaj-266	326	10	)	)	PUNCT
emaj-266	326	11	.	.	PUNCT
emaj-266	327	1	time	time	NOUN
emaj-266	327	2	–	–	PUNCT
emaj-266	327	3	frequency	frequency	NOUN
emaj-266	327	4	quantile	quantile	ADJ
emaj-266	327	5	dependence	dependence	NOUN
emaj-266	327	6	between	between	ADP
emaj-266	327	7	bitcoin	bitcoin	ADJ
emaj-266	327	8	and	and	CCONJ
emaj-266	327	9	global	global	ADJ
emaj-266	327	10	equity	equity	NOUN
emaj-266	327	11	markets	market	NOUN
emaj-266	327	12	.	.	PUNCT
emaj-266	328	1	the	the	DET
emaj-266	328	2	north	north	ADJ
emaj-266	328	3	american	american	ADJ
emaj-266	328	4	journal	journal	PROPN
emaj-266	328	5	of	of	ADP
emaj-266	328	6	economics	economic	NOUN
emaj-266	328	7	and	and	CCONJ
emaj-266	328	8	finance	finance	NOUN
emaj-266	328	9	,	,	PUNCT
emaj-266	328	10	56	56	NUM
emaj-266	328	11	,	,	PUNCT
emaj-266	328	12	101355	101355	NUM
emaj-266	328	13	.	.	PUNCT
emaj-266	329	1	milunovich	milunovich	PROPN
emaj-266	329	2	,	,	PUNCT
emaj-266	329	3	g.	g.	PROPN
emaj-266	329	4	(	(	PUNCT
emaj-266	329	5	2018	2018	NUM
emaj-266	329	6	)	)	PUNCT
emaj-266	329	7	.	.	PUNCT
emaj-266	330	1	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	330	2	,	,	PUNCT
emaj-266	330	3	mainstream	mainstream	ADJ
emaj-266	330	4	asset	asset	NOUN
emaj-266	330	5	classes	class	NOUN
emaj-266	330	6	and	and	CCONJ
emaj-266	330	7	risk	risk	NOUN
emaj-266	330	8	factors	factor	NOUN
emaj-266	330	9	:	:	PUNCT
emaj-266	330	10	a	a	DET
emaj-266	330	11	study	study	NOUN
emaj-266	330	12	of	of	ADP
emaj-266	330	13	connectedness	connectedness	NOUN
emaj-266	330	14	.	.	PUNCT
emaj-266	331	1	australian	australian	ADJ
emaj-266	331	2	economic	economic	ADJ
emaj-266	331	3	review	review	NOUN
emaj-266	331	4	,	,	PUNCT
emaj-266	331	5	51(4	51(4	NUM
emaj-266	331	6	)	)	PUNCT
emaj-266	331	7	,	,	PUNCT
emaj-266	331	8	551	551	NUM
emaj-266	331	9	-	-	SYM
emaj-266	331	10	563	563	NUM
emaj-266	331	11	.	.	PUNCT
emaj-266	332	1	mizerka	mizerka	PROPN
emaj-266	332	2	,	,	PUNCT
emaj-266	332	3	j.	j.	PROPN
emaj-266	332	4	,	,	PUNCT
emaj-266	332	5	stróżyńska	stróżyńska	NOUN
emaj-266	332	6	-	-	PUNCT
emaj-266	332	7	szajek	szajek	NOUN
emaj-266	332	8	,	,	PUNCT
emaj-266	332	9	a.	a.	PROPN
emaj-266	332	10	&	&	CCONJ
emaj-266	332	11	mizerka	mizerka	PROPN
emaj-266	332	12	,	,	PUNCT
emaj-266	332	13	p.	p.	NOUN
emaj-266	332	14	(	(	PUNCT
emaj-266	332	15	2020	2020	NUM
emaj-266	332	16	)	)	PUNCT
emaj-266	332	17	.	.	PUNCT
emaj-266	333	1	the	the	DET
emaj-266	333	2	role	role	NOUN
emaj-266	333	3	of	of	ADP
emaj-266	333	4	bitcoin	bitcoin	NOUN
emaj-266	333	5	on	on	ADP
emaj-266	333	6	developed	develop	VERB
emaj-266	333	7	and	and	CCONJ
emaj-266	333	8	emerging	emerge	VERB
emaj-266	333	9	markets	market	NOUN
emaj-266	333	10	–	–	PUNCT
emaj-266	333	11	on	on	ADP
emaj-266	333	12	the	the	DET
emaj-266	333	13	basis	basis	NOUN
emaj-266	333	14	of	of	ADP
emaj-266	333	15	a	a	DET
emaj-266	333	16	bitcoin	bitcoin	ADJ
emaj-266	333	17	users	user	NOUN
emaj-266	333	18	graph	graph	VERB
emaj-266	333	19	analysis	analysis	NOUN
emaj-266	333	20	.	.	PUNCT
emaj-266	334	1	finance	finance	NOUN
emaj-266	334	2	research	research	NOUN
emaj-266	334	3	letters	letter	NOUN
emaj-266	334	4	,	,	PUNCT
emaj-266	334	5	35	35	NUM
emaj-266	334	6	,	,	PUNCT
emaj-266	334	7	101489	101489	NUM
emaj-266	334	8	.	.	PUNCT
emaj-266	335	1	mokni	mokni	PROPN
emaj-266	335	2	,	,	PUNCT
emaj-266	335	3	k.	k.	PROPN
emaj-266	335	4	,	,	PUNCT
emaj-266	335	5	ajmi	ajmi	PROPN
emaj-266	335	6	,	,	PUNCT
emaj-266	335	7	a.n	a.n	PROPN
emaj-266	335	8	.	.	PROPN
emaj-266	335	9	,	,	PUNCT
emaj-266	335	10	bouri	bouri	PROPN
emaj-266	335	11	,	,	PUNCT
emaj-266	335	12	e.	e.	PROPN
emaj-266	335	13	&	&	CCONJ
emaj-266	335	14	vo	vo	PROPN
emaj-266	335	15	,	,	PUNCT
emaj-266	335	16	x.v	x.v	PROPN
emaj-266	335	17	.	.	PROPN
emaj-266	335	18	(	(	PUNCT
emaj-266	335	19	2020	2020	NUM
emaj-266	335	20	)	)	PUNCT
emaj-266	335	21	.	.	PUNCT
emaj-266	336	1	economic	economic	ADJ
emaj-266	336	2	policy	policy	NOUN
emaj-266	336	3	uncertainty	uncertainty	NOUN
emaj-266	336	4	and	and	CCONJ
emaj-266	336	5	the	the	DET
emaj-266	336	6	bitcoinus	bitcoinus	NOUN
emaj-266	336	7	stock	stock	NOUN
emaj-266	336	8	nexus	nexus	NOUN
emaj-266	336	9	.	.	PUNCT
emaj-266	337	1	journal	journal	NOUN
emaj-266	337	2	of	of	ADP
emaj-266	337	3	multinational	multinational	ADJ
emaj-266	337	4	financial	financial	ADJ
emaj-266	337	5	management	management	NOUN
emaj-266	337	6	,	,	PUNCT
emaj-266	337	7	57	57	NUM
emaj-266	337	8	,	,	PUNCT
emaj-266	337	9	100656	100656	NUM
emaj-266	337	10	.	.	PUNCT
emaj-266	338	1	munyas	munyas	PROPN
emaj-266	338	2	,	,	PUNCT
emaj-266	338	3	t.	t.	PROPN
emaj-266	338	4	&	&	CCONJ
emaj-266	338	5	atasoy	atasoy	PROPN
emaj-266	338	6	,	,	PUNCT
emaj-266	338	7	f.	f.	PROPN
emaj-266	338	8	(	(	PUNCT
emaj-266	338	9	2021	2021	NUM
emaj-266	338	10	)	)	PUNCT
emaj-266	338	11	.	.	PUNCT
emaj-266	339	1	an	an	DET
emaj-266	339	2	empirical	empirical	ADJ
emaj-266	339	3	investigation	investigation	NOUN
emaj-266	339	4	of	of	ADP
emaj-266	339	5	the	the	DET
emaj-266	339	6	relationship	relationship	NOUN
emaj-266	339	7	between	between	ADP
emaj-266	339	8	bitcoin	bitcoin	NOUN
emaj-266	339	9	and	and	CCONJ
emaj-266	339	10	developed	developed	ADJ
emaj-266	339	11	and	and	CCONJ
emaj-266	339	12	developing	develop	VERB
emaj-266	339	13	country	country	NOUN
emaj-266	339	14	stock	stock	NOUN
emaj-266	339	15	markets	market	NOUN
emaj-266	339	16	.	.	PUNCT
emaj-266	340	1	journal	journal	NOUN
emaj-266	340	2	of	of	ADP
emaj-266	340	3	accounting	accounting	NOUN
emaj-266	340	4	finance	finance	NOUN
emaj-266	340	5	and	and	CCONJ
emaj-266	340	6	auditing	auditing	NOUN
emaj-266	340	7	studies	study	NOUN
emaj-266	340	8	,	,	PUNCT
emaj-266	340	9	7(3	7(3	NUM
emaj-266	340	10	)	)	PUNCT
emaj-266	340	11	,	,	PUNCT
emaj-266	340	12	104	104	NUM
emaj-266	340	13	-	-	SYM
emaj-266	340	14	120	120	NUM
emaj-266	340	15	.	.	PUNCT
emaj-266	341	1	nakamoto	nakamoto	NOUN
emaj-266	341	2	,	,	PUNCT
emaj-266	341	3	s.	s.	PROPN
emaj-266	341	4	(	(	PUNCT
emaj-266	341	5	2008	2008	NUM
emaj-266	341	6	)	)	PUNCT
emaj-266	341	7	.	.	PUNCT
emaj-266	342	1	bitcoin	bitcoin	NOUN
emaj-266	342	2	:	:	PUNCT
emaj-266	342	3	a	a	DET
emaj-266	342	4	peer	peer	NOUN
emaj-266	342	5	-	-	PUNCT
emaj-266	342	6	to	to	ADP
emaj-266	342	7	-	-	PUNCT
emaj-266	342	8	peer	peer	NOUN
emaj-266	342	9	electronic	electronic	ADJ
emaj-266	342	10	cash	cash	NOUN
emaj-266	342	11	system	system	NOUN
emaj-266	342	12	.	.	PUNCT
emaj-266	343	1	decentralized	decentralize	VERB
emaj-266	343	2	business	business	NOUN
emaj-266	343	3	review	review	NOUN
emaj-266	343	4	,	,	PUNCT
emaj-266	343	5	21260	21260	NUM
emaj-266	343	6	.	.	PUNCT
emaj-266	344	1	nasdaq	nasdaq	PROPN
emaj-266	344	2	(	(	PUNCT
emaj-266	344	3	2021	2021	NUM
emaj-266	344	4	)	)	PUNCT
emaj-266	344	5	.	.	PUNCT
emaj-266	345	1	money	money	NOUN
emaj-266	345	2	printing	printing	NOUN
emaj-266	345	3	and	and	CCONJ
emaj-266	345	4	inflation	inflation	NOUN
emaj-266	345	5	:	:	PUNCT
emaj-266	346	1	covid	covid	PROPN
emaj-266	346	2	,	,	PUNCT
emaj-266	346	3	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	346	4	and	and	CCONJ
emaj-266	346	5	more	more	ADJ
emaj-266	346	6	.	.	PUNCT
emaj-266	347	1	https://www.nasdaq.com/articles/moneyprinting-and-inflation%3a-covidcryptocurrencies-and-more	https://www.nasdaq.com/articles/moneyprinting-and-inflation%3a-covidcryptocurrencies-and-more	PROPN
emaj-266	347	2	nunes	nunes	PROPN
emaj-266	347	3	,	,	PUNCT
emaj-266	347	4	b.d.s.r	b.d.s.r	PROPN
emaj-266	347	5	.	.	PROPN
emaj-266	347	6	(	(	PUNCT
emaj-266	347	7	2017	2017	NUM
emaj-266	347	8	)	)	PUNCT
emaj-266	347	9	.	.	PUNCT
emaj-266	348	1	virtual	virtual	ADJ
emaj-266	348	2	currency	currency	NOUN
emaj-266	348	3	:	:	PUNCT
emaj-266	348	4	a	a	DET
emaj-266	348	5	cointegration	cointegration	NOUN
emaj-266	348	6	analysis	analysis	NOUN
emaj-266	348	7	between	between	ADP
emaj-266	348	8	bitcoin	bitcoin	NOUN
emaj-266	348	9	prices	price	NOUN
emaj-266	348	10	and	and	CCONJ
emaj-266	348	11	economic	economic	ADJ
emaj-266	348	12	and	and	CCONJ
emaj-266	348	13	financial	financial	ADJ
emaj-266	348	14	data	datum	NOUN
emaj-266	348	15	(	(	PUNCT
emaj-266	348	16	doctoral	doctoral	ADJ
emaj-266	348	17	dissertation	dissertation	NOUN
emaj-266	348	18	)	)	PUNCT
emaj-266	348	19	.	.	PUNCT
emaj-266	349	1	oecd	oecd	PROPN
emaj-266	349	2	(	(	PUNCT
emaj-266	349	3	2021	2021	NUM
emaj-266	349	4	)	)	PUNCT
emaj-266	349	5	the	the	DET
emaj-266	349	6	territorial	territorial	ADJ
emaj-266	349	7	impact	impact	NOUN
emaj-266	349	8	of	of	ADP
emaj-266	349	9	covid-19	covid-19	PROPN
emaj-266	349	10	:	:	PUNCT
emaj-266	349	11	managing	manage	VERB
emaj-266	349	12	the	the	DET
emaj-266	349	13	crisis	crisis	NOUN
emaj-266	349	14	and	and	CCONJ
emaj-266	349	15	recovery	recovery	NOUN
emaj-266	349	16	across	across	ADP
emaj-266	349	17	levels	level	NOUN
emaj-266	349	18	of	of	ADP
emaj-266	349	19	government	government	NOUN
emaj-266	349	20	.	.	PUNCT
emaj-266	350	1	https://www.oecd.org/coronavirus/policyresponses/the-territorial-impact-of-covid-19managing-the-crisis-and-recovery-acrosslevels-of-government-a2c6abaf/	https://www.oecd.org/coronavirus/policyresponses/the-territorial-impact-of-covid-19managing-the-crisis-and-recovery-acrosslevels-of-government-a2c6abaf/	PROPN
emaj-266	350	2	oktar	oktar	PROPN
emaj-266	350	3	,	,	PUNCT
emaj-266	350	4	s.	s.	PROPN
emaj-266	350	5	&	&	CCONJ
emaj-266	350	6	salihoğlu	salihoğlu	PROPN
emaj-266	350	7	,	,	PUNCT
emaj-266	350	8	e.	e.	PROPN
emaj-266	350	9	(	(	PUNCT
emaj-266	350	10	2018	2018	NUM
emaj-266	350	11	)	)	PUNCT
emaj-266	350	12	.	.	PUNCT
emaj-266	351	1	merkezi	merkezi	PROPN
emaj-266	351	2	olmayan	olmayan	PROPN
emaj-266	351	3	dijital	dijital	PROPN
emaj-266	351	4	para	para	PROPN
emaj-266	351	5	birimlerinin	birimlerinin	PROPN
emaj-266	351	6	merkez	merkez	PROPN
emaj-266	351	7	bankası	bankası	PROPN
emaj-266	351	8	parasal	parasal	PROPN
emaj-266	351	9	büyüklükleri	büyüklükleri	PROPN
emaj-266	351	10	ile	ile	PROPN
emaj-266	351	11	ilişkisinin	ilişkisinin	PROPN
emaj-266	351	12	analizi	analizi	NOUN
emaj-266	351	13	:	:	PUNCT
emaj-266	351	14	bitcoin	bitcoin	ADJ
emaj-266	351	15	örneği	örneği	NOUN
emaj-266	351	16	.	.	PUNCT
emaj-266	352	1	social	social	ADJ
emaj-266	352	2	sciences	sciences	PROPN
emaj-266	352	3	studies	study	NOUN
emaj-266	352	4	journal	journal	NOUN
emaj-266	352	5	,	,	PUNCT
emaj-266	352	6	4(22	4(22	NUM
emaj-266	352	7	)	)	PUNCT
emaj-266	352	8	,	,	PUNCT
emaj-266	352	9	4164	4164	NUM
emaj-266	352	10	-	-	SYM
emaj-266	352	11	4177	4177	NUM
emaj-266	352	12	.	.	PUNCT
emaj-266	353	1	omane	omane	PROPN
emaj-266	353	2	-	-	PUNCT
emaj-266	353	3	adjepong	adjepong	NOUN
emaj-266	353	4	,	,	PUNCT
emaj-266	353	5	m.	m.	NOUN
emaj-266	353	6	,	,	PUNCT
emaj-266	353	7	alagidede	alagidede	NOUN
emaj-266	353	8	,	,	PUNCT
emaj-266	353	9	p.	p.	NOUN
emaj-266	353	10	,	,	PUNCT
emaj-266	353	11	&	&	CCONJ
emaj-266	353	12	akosah	akosah	PROPN
emaj-266	353	13	,	,	PUNCT
emaj-266	353	14	n.	n.	PROPN
emaj-266	353	15	k.	k.	PROPN
emaj-266	353	16	(	(	PUNCT
emaj-266	353	17	2019	2019	NUM
emaj-266	353	18	)	)	PUNCT
emaj-266	353	19	.	.	PUNCT
emaj-266	354	1	wavelet	wavelet	NOUN
emaj-266	354	2	time	time	NOUN
emaj-266	354	3	-	-	PUNCT
emaj-266	354	4	scale	scale	NOUN
emaj-266	354	5	persistence	persistence	NOUN
emaj-266	354	6	analysis	analysis	NOUN
emaj-266	354	7	of	of	ADP
emaj-266	354	8	cryptocurrency	cryptocurrency	NOUN
emaj-266	354	9	market	market	NOUN
emaj-266	354	10	returns	return	NOUN
emaj-266	354	11	and	and	CCONJ
emaj-266	354	12	volatility	volatility	NOUN
emaj-266	354	13	.	.	PUNCT
emaj-266	355	1	physica	physica	VERB
emaj-266	355	2	a	a	DET
emaj-266	355	3	:	:	PUNCT
emaj-266	355	4	statistical	statistical	ADJ
emaj-266	355	5	mechanics	mechanic	NOUN
emaj-266	355	6	and	and	CCONJ
emaj-266	355	7	its	its	PRON
emaj-266	355	8	applications	application	NOUN
emaj-266	355	9	,	,	PUNCT
emaj-266	355	10	514	514	NUM
emaj-266	355	11	,	,	PUNCT
emaj-266	355	12	105–120	105–120	NUM
emaj-266	355	13	.	.	PUNCT
emaj-266	356	1	palazzi	palazzi	NOUN
emaj-266	356	2	,	,	PUNCT
emaj-266	356	3	r.b	r.b	PROPN
emaj-266	356	4	.	.	PROPN
emaj-266	356	5	,	,	PUNCT
emaj-266	356	6	júnior	júnior	PROPN
emaj-266	356	7	,	,	PUNCT
emaj-266	356	8	g.d.s.r	g.d.s.r	PROPN
emaj-266	356	9	.	.	PROPN
emaj-266	356	10	&	&	CCONJ
emaj-266	356	11	klotzle	klotzle	PROPN
emaj-266	356	12	,	,	PUNCT
emaj-266	356	13	m.c	m.c	PROPN
emaj-266	356	14	.	.	PROPN
emaj-266	356	15	(	(	PUNCT
emaj-266	356	16	2021	2021	NUM
emaj-266	356	17	)	)	PUNCT
emaj-266	356	18	.	.	PUNCT
emaj-266	357	1	the	the	DET
emaj-266	357	2	dynamic	dynamic	ADJ
emaj-266	357	3	relationship	relationship	NOUN
emaj-266	357	4	between	between	ADP
emaj-266	357	5	bitcoin	bitcoin	PROPN
emaj-266	357	6	and	and	CCONJ
emaj-266	357	7	the	the	DET
emaj-266	357	8	foreign	foreign	ADJ
emaj-266	357	9	exchange	exchange	NOUN
emaj-266	357	10	market	market	NOUN
emaj-266	357	11	:	:	PUNCT
emaj-266	357	12	a	a	DET
emaj-266	357	13	nonlinear	nonlinear	ADJ
emaj-266	357	14	approach	approach	NOUN
emaj-266	357	15	to	to	ADP
emaj-266	357	16	test	test	NOUN
emaj-266	357	17	causality	causality	NOUN
emaj-266	357	18	between	between	ADP
emaj-266	357	19	bitcoin	bitcoin	NOUN
emaj-266	357	20	and	and	CCONJ
emaj-266	357	21	currencies	currency	NOUN
emaj-266	357	22	.	.	PUNCT
emaj-266	358	1	finance	finance	NOUN
emaj-266	358	2	research	research	NOUN
emaj-266	358	3	letters	letter	NOUN
emaj-266	358	4	,	,	PUNCT
emaj-266	358	5	42	42	NUM
emaj-266	358	6	,	,	PUNCT
emaj-266	358	7	101893	101893	NUM
emaj-266	358	8	.	.	PUNCT
emaj-266	359	1	panagiotidis	panagiotidi	NOUN
emaj-266	359	2	,	,	PUNCT
emaj-266	359	3	t.	t.	PROPN
emaj-266	359	4	,	,	PUNCT
emaj-266	359	5	stengos	stengos	PROPN
emaj-266	359	6	,	,	PUNCT
emaj-266	359	7	t.	t.	NOUN
emaj-266	359	8	,	,	PUNCT
emaj-266	359	9	vravosinos	vravosinos	PROPN
emaj-266	359	10	,	,	PUNCT
emaj-266	359	11	o.	o.	NOUN
emaj-266	359	12	(	(	PUNCT
emaj-266	359	13	2019	2019	NUM
emaj-266	359	14	)	)	PUNCT
emaj-266	359	15	.	.	PUNCT
emaj-266	360	1	the	the	DET
emaj-266	360	2	effects	effect	NOUN
emaj-266	360	3	of	of	ADP
emaj-266	360	4	markets	market	NOUN
emaj-266	360	5	,	,	PUNCT
emaj-266	360	6	uncertainty	uncertainty	NOUN
emaj-266	360	7	and	and	CCONJ
emaj-266	360	8	search	search	NOUN
emaj-266	360	9	intensity	intensity	NOUN
emaj-266	360	10	on	on	ADP
emaj-266	360	11	bitcoin	bitcoin	ADJ
emaj-266	360	12	returns	return	NOUN
emaj-266	360	13	.	.	PUNCT
emaj-266	361	1	international	international	ADJ
emaj-266	361	2	review	review	NOUN
emaj-266	361	3	of	of	ADP
emaj-266	361	4	financial	financial	ADJ
emaj-266	361	5	analysis	analysis	NOUN
emaj-266	361	6	,	,	PUNCT
emaj-266	361	7	63	63	NUM
emaj-266	361	8	,	,	PUNCT
emaj-266	361	9	220	220	NUM
emaj-266	361	10	-	-	SYM
emaj-266	361	11	242	242	NUM
emaj-266	361	12	.	.	PUNCT
emaj-266	362	1	https://www.researchgate.net/journal/journal-of-accounting-finance-and-auditing-studies-jafas-2149-0996	https://www.researchgate.net/journal/journal-of-accounting-finance-and-auditing-studies-jafas-2149-0996	VERB
emaj-266	362	2	https://www.researchgate.net/journal/journal-of-accounting-finance-and-auditing-studies-jafas-2149-0996	https://www.researchgate.net/journal/journal-of-accounting-finance-and-auditing-studies-jafas-2149-0996	X
emaj-266	362	3	https://www.nasdaq.com/articles/money-printing-and-inflation%3a-covid-cryptocurrencies-and-more	https://www.nasdaq.com/articles/money-printing-and-inflation%3a-covid-cryptocurrencies-and-more	NOUN
emaj-266	362	4	https://www.nasdaq.com/articles/money-printing-and-inflation%3a-covid-cryptocurrencies-and-more	https://www.nasdaq.com/articles/money-printing-and-inflation%3a-covid-cryptocurrencies-and-more	NOUN
emaj-266	362	5	https://www.nasdaq.com/articles/money-printing-and-inflation%3a-covid-cryptocurrencies-and-more	https://www.nasdaq.com/articles/money-printing-and-inflation%3a-covid-cryptocurrencies-and-more	ADP
emaj-266	362	6	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	X
emaj-266	362	7	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	X
emaj-266	362	8	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	ADJ
emaj-266	362	9	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	https://www.oecd.org/coronavirus/policy-responses/the-territorial-impact-of-covid-19-managing-the-crisis-and-recovery-across-levels-of-government-a2c6abaf/	NOUN
emaj-266	362	10	volume	volume	NOUN
emaj-266	362	11	12	12	NUM
emaj-266	362	12	no	no	DET
emaj-266	362	13	2	2	NUM
emaj-266	362	14	(	(	PUNCT
emaj-266	362	15	2022	2022	NUM
emaj-266	362	16	)	)	PUNCT
emaj-266	362	17	|	|	ADV
emaj-266	362	18	issn	issn	VERB
emaj-266	362	19	2158	2158	NUM
emaj-266	362	20	-	-	SYM
emaj-266	362	21	8708	8708	NUM
emaj-266	362	22	(	(	PUNCT
emaj-266	362	23	online	online	NOUN
emaj-266	362	24	)	)	PUNCT
emaj-266	362	25	|	|	ADV
emaj-266	362	26	doi	doi	X
emaj-266	362	27	10.5195	10.5195	NUM
emaj-266	362	28	/	/	SYM
emaj-266	362	29	emaj.2022.266	emaj.2022.266	PROPN
emaj-266	362	30	|	|	ADV
emaj-266	362	31	http://emaj.pitt.edu	http://emaj.pitt.edu	PROPN
emaj-266	362	32	melih	melih	PROPN
emaj-266	362	33	sefa	sefa	PROPN
emaj-266	362	34	yavuz	yavuz	PROPN
emaj-266	362	35	,	,	PUNCT
emaj-266	362	36	gözde	gözde	PROPN
emaj-266	362	37	bozkurt	bozkurt	PROPN
emaj-266	362	38	,	,	PUNCT
emaj-266	362	39	semra	semra	NOUN
emaj-266	362	40	boğa	boğa	ADJ
emaj-266	362	41	emerging	emerge	VERB
emaj-266	362	42	markets	market	NOUN
emaj-266	362	43	journal	journal	NOUN
emaj-266	362	44	|	|	ADV
emaj-266	362	45	p	p	NOUN
emaj-266	362	46	a	a	DET
emaj-266	362	47	g	g	NOUN
emaj-266	362	48	e	e	NOUN
emaj-266	362	49	4	4	NUM
emaj-266	362	50	5	5	NUM
emaj-266	362	51	papadamou	papadamou	ADV
emaj-266	362	52	,	,	PUNCT
emaj-266	362	53	s.	s.	PROPN
emaj-266	362	54	,	,	PUNCT
emaj-266	362	55	kyriazis	kyriazis	PROPN
emaj-266	362	56	,	,	PUNCT
emaj-266	362	57	n.a	n.a	PROPN
emaj-266	362	58	.	.	PROPN
emaj-266	362	59	&	&	CCONJ
emaj-266	362	60	tzeremes	tzeremes	PROPN
emaj-266	362	61	,	,	PUNCT
emaj-266	362	62	p.g	p.g	PROPN
emaj-266	362	63	.	.	PROPN
emaj-266	362	64	(	(	PUNCT
emaj-266	362	65	2021	2021	NUM
emaj-266	362	66	)	)	PUNCT
emaj-266	362	67	.	.	PUNCT
emaj-266	363	1	non	non	ADJ
emaj-266	363	2	-	-	ADJ
emaj-266	363	3	linear	linear	ADJ
emaj-266	363	4	causal	causal	ADJ
emaj-266	363	5	linkages	linkage	NOUN
emaj-266	363	6	of	of	ADP
emaj-266	363	7	epu	epu	NOUN
emaj-266	363	8	and	and	CCONJ
emaj-266	363	9	gold	gold	NOUN
emaj-266	363	10	with	with	ADP
emaj-266	363	11	major	major	ADJ
emaj-266	363	12	cryptocurrencies	cryptocurrencie	NOUN
emaj-266	363	13	during	during	ADP
emaj-266	363	14	bull	bull	NOUN
emaj-266	363	15	and	and	CCONJ
emaj-266	363	16	bear	bear	NOUN
emaj-266	363	17	markets	market	NOUN
emaj-266	363	18	.	.	PUNCT
emaj-266	364	1	the	the	DET
emaj-266	364	2	north	north	ADJ
emaj-266	364	3	american	american	ADJ
emaj-266	364	4	journal	journal	PROPN
emaj-266	364	5	of	of	ADP
emaj-266	364	6	economics	economic	NOUN
emaj-266	364	7	and	and	CCONJ
emaj-266	364	8	finance	finance	NOUN
emaj-266	364	9	,	,	PUNCT
emaj-266	364	10	56	56	NUM
emaj-266	364	11	,	,	PUNCT
emaj-266	364	12	101343	101343	NUM
emaj-266	364	13	.	.	PUNCT
emaj-266	365	1	phillips	phillips	PROPN
emaj-266	365	2	,	,	PUNCT
emaj-266	365	3	p.c	p.c	PROPN
emaj-266	365	4	.	.	PROPN
emaj-266	365	5	&	&	CCONJ
emaj-266	365	6	perron	perron	PROPN
emaj-266	365	7	,	,	PUNCT
emaj-266	365	8	p.	p.	NOUN
emaj-266	365	9	(	(	PUNCT
emaj-266	365	10	1988	1988	NUM
emaj-266	365	11	)	)	PUNCT
emaj-266	365	12	.	.	PUNCT
emaj-266	366	1	testing	test	VERB
emaj-266	366	2	for	for	ADP
emaj-266	366	3	a	a	DET
emaj-266	366	4	unit	unit	NOUN
emaj-266	366	5	root	root	NOUN
emaj-266	366	6	in	in	ADP
emaj-266	366	7	time	time	NOUN
emaj-266	366	8	series	series	PROPN
emaj-266	366	9	regression	regression	PROPN
emaj-266	366	10	.	.	PUNCT
emaj-266	367	1	biometrika	biometrika	NOUN
emaj-266	367	2	,	,	PUNCT
emaj-266	367	3	75(2	75(2	NUM
emaj-266	367	4	)	)	PUNCT
emaj-266	367	5	,	,	PUNCT
emaj-266	367	6	335	335	NUM
emaj-266	367	7	-	-	SYM
emaj-266	367	8	346	346	NUM
emaj-266	367	9	.	.	PUNCT
emaj-266	368	1	popper	popper	NOUN
emaj-266	368	2	,	,	PUNCT
emaj-266	368	3	n.	n.	NOUN
emaj-266	368	4	(	(	PUNCT
emaj-266	368	5	2015	2015	NUM
emaj-266	368	6	)	)	PUNCT
emaj-266	368	7	.	.	PUNCT
emaj-266	369	1	digital	digital	ADJ
emaj-266	369	2	gold	gold	NOUN
emaj-266	369	3	:	:	PUNCT
emaj-266	369	4	the	the	DET
emaj-266	369	5	untold	untold	ADJ
emaj-266	369	6	story	story	NOUN
emaj-266	369	7	of	of	ADP
emaj-266	369	8	bitcoin	bitcoin	PROPN
emaj-266	369	9	.	.	PUNCT
emaj-266	370	1	penguin	penguin	PROPN
emaj-266	370	2	uk	uk	PROPN
emaj-266	370	3	.	.	PROPN
emaj-266	370	4	rehman	rehman	PROPN
emaj-266	370	5	,	,	PUNCT
emaj-266	370	6	m.u	m.u	PROPN
emaj-266	370	7	.	.	PROPN
emaj-266	370	8	&	&	CCONJ
emaj-266	370	9	kang	kang	PROPN
emaj-266	370	10	,	,	PUNCT
emaj-266	370	11	s.h	s.h	PROPN
emaj-266	370	12	.	.	PROPN
emaj-266	370	13	(	(	PUNCT
emaj-266	370	14	2021	2021	NUM
emaj-266	370	15	)	)	PUNCT
emaj-266	370	16	.	.	PUNCT
emaj-266	371	1	a	a	DET
emaj-266	371	2	time	time	NOUN
emaj-266	371	3	–	–	PUNCT
emaj-266	371	4	frequency	frequency	NOUN
emaj-266	371	5	comovement	comovement	NOUN
emaj-266	371	6	and	and	CCONJ
emaj-266	371	7	causality	causality	NOUN
emaj-266	371	8	relationship	relationship	NOUN
emaj-266	371	9	between	between	ADP
emaj-266	371	10	bitcoin	bitcoin	PROPN
emaj-266	371	11	hashrate	hashrate	NOUN
emaj-266	371	12	and	and	CCONJ
emaj-266	371	13	energy	energy	NOUN
emaj-266	371	14	commodity	commodity	NOUN
emaj-266	371	15	markets	market	NOUN
emaj-266	371	16	.	.	PUNCT
emaj-266	372	1	global	global	ADJ
emaj-266	372	2	finance	finance	PROPN
emaj-266	372	3	journal	journal	NOUN
emaj-266	372	4	,	,	PUNCT
emaj-266	372	5	49	49	NUM
emaj-266	372	6	,	,	PUNCT
emaj-266	372	7	100576	100576	NUM
emaj-266	372	8	.	.	PUNCT
emaj-266	373	1	selmi	selmi	PROPN
emaj-266	373	2	,	,	PUNCT
emaj-266	373	3	r.	r.	PROPN
emaj-266	373	4	,	,	PUNCT
emaj-266	373	5	bouoiyour	bouoiyour	PROPN
emaj-266	373	6	,	,	PUNCT
emaj-266	373	7	j.	j.	PROPN
emaj-266	373	8	&	&	CCONJ
emaj-266	373	9	wohar	wohar	PROPN
emaj-266	373	10	,	,	PUNCT
emaj-266	373	11	m.e	m.e	PROPN
emaj-266	373	12	.	.	PROPN
emaj-266	373	13	(	(	PUNCT
emaj-266	373	14	2022	2022	NUM
emaj-266	373	15	)	)	PUNCT
emaj-266	373	16	.	.	PUNCT
emaj-266	374	1	“	"	PUNCT
emaj-266	374	2	digital	digital	ADJ
emaj-266	374	3	gold	gold	NOUN
emaj-266	374	4	”	"	PUNCT
emaj-266	374	5	and	and	CCONJ
emaj-266	374	6	geopolitics	geopolitic	NOUN
emaj-266	374	7	.	.	PUNCT
emaj-266	375	1	research	research	NOUN
emaj-266	375	2	in	in	ADP
emaj-266	375	3	international	international	ADJ
emaj-266	375	4	business	business	NOUN
emaj-266	375	5	and	and	CCONJ
emaj-266	375	6	finance	finance	NOUN
emaj-266	375	7	,	,	PUNCT
emaj-266	375	8	59	59	NUM
emaj-266	375	9	,	,	PUNCT
emaj-266	375	10	101512	101512	NUM
emaj-266	375	11	.	.	PUNCT
emaj-266	376	1	selmi	selmi	PROPN
emaj-266	376	2	,	,	PUNCT
emaj-266	376	3	r.	r.	PROPN
emaj-266	376	4	,	,	PUNCT
emaj-266	376	5	mensi	mensi	PROPN
emaj-266	376	6	,	,	PUNCT
emaj-266	376	7	w.	w.	PROPN
emaj-266	376	8	,	,	PUNCT
emaj-266	376	9	hammoudeh	hammoudeh	PROPN
emaj-266	376	10	,	,	PUNCT
emaj-266	376	11	s.	s.	PROPN
emaj-266	376	12	&	&	CCONJ
emaj-266	376	13	bouoiyour	bouoiyour	PROPN
emaj-266	376	14	,	,	PUNCT
emaj-266	376	15	j.	j.	PROPN
emaj-266	376	16	(	(	PUNCT
emaj-266	376	17	2018	2018	NUM
emaj-266	376	18	)	)	PUNCT
emaj-266	376	19	.	.	PUNCT
emaj-266	377	1	is	be	AUX
emaj-266	377	2	bitcoin	bitcoin	VERB
emaj-266	377	3	a	a	DET
emaj-266	377	4	hedge	hedge	NOUN
emaj-266	377	5	,	,	PUNCT
emaj-266	377	6	a	a	DET
emaj-266	377	7	safe	safe	ADJ
emaj-266	377	8	haven	haven	NOUN
emaj-266	377	9	or	or	CCONJ
emaj-266	377	10	a	a	DET
emaj-266	377	11	diversifier	diversifi	ADJ
emaj-266	377	12	for	for	ADP
emaj-266	377	13	oil	oil	NOUN
emaj-266	377	14	price	price	NOUN
emaj-266	377	15	movements	movement	NOUN
emaj-266	377	16	?	?	PUNCT
emaj-266	378	1	a	a	DET
emaj-266	378	2	comparison	comparison	NOUN
emaj-266	378	3	with	with	ADP
emaj-266	378	4	gold	gold	NOUN
emaj-266	378	5	.	.	PUNCT
emaj-266	379	1	energy	energy	NOUN
emaj-266	379	2	economics	economic	NOUN
emaj-266	379	3	,	,	PUNCT
emaj-266	379	4	74	74	NUM
emaj-266	379	5	,	,	PUNCT
emaj-266	379	6	787	787	NUM
emaj-266	379	7	-	-	SYM
emaj-266	379	8	801	801	NUM
emaj-266	379	9	.	.	PUNCT
emaj-266	380	1	shahzad	shahzad	PROPN
emaj-266	380	2	,	,	PUNCT
emaj-266	380	3	s.j.h	s.j.h	PROPN
emaj-266	380	4	.	.	PROPN
emaj-266	380	5	,	,	PUNCT
emaj-266	380	6	bouri	bouri	PROPN
emaj-266	380	7	,	,	PUNCT
emaj-266	380	8	e.	e.	PROPN
emaj-266	380	9	,	,	PUNCT
emaj-266	380	10	roubaud	roubaud	PROPN
emaj-266	380	11	,	,	PUNCT
emaj-266	380	12	d.	d.	PROPN
emaj-266	380	13	&	&	CCONJ
emaj-266	380	14	kristoufek	kristoufek	PROPN
emaj-266	380	15	,	,	PUNCT
emaj-266	380	16	l.	l.	PROPN
emaj-266	380	17	(	(	PUNCT
emaj-266	380	18	2020	2020	NUM
emaj-266	380	19	)	)	PUNCT
emaj-266	380	20	.	.	PUNCT
emaj-266	381	1	safe	safe	ADJ
emaj-266	381	2	haven	haven	NOUN
emaj-266	381	3	,	,	PUNCT
emaj-266	381	4	hedge	hedge	NOUN
emaj-266	381	5	and	and	CCONJ
emaj-266	381	6	diversification	diversification	NOUN
emaj-266	381	7	for	for	ADP
emaj-266	381	8	g7	g7	PROPN
emaj-266	381	9	stock	stock	NOUN
emaj-266	381	10	markets	market	NOUN
emaj-266	381	11	:	:	PUNCT
emaj-266	381	12	gold	gold	NOUN
emaj-266	381	13	versus	versus	ADP
emaj-266	381	14	bitcoin	bitcoin	NOUN
emaj-266	381	15	.	.	PUNCT
emaj-266	382	1	economic	economic	ADJ
emaj-266	382	2	modelling	modelling	NOUN
emaj-266	382	3	,	,	PUNCT
emaj-266	382	4	87	87	NUM
emaj-266	382	5	,	,	PUNCT
emaj-266	382	6	212	212	NUM
emaj-266	382	7	-	-	SYM
emaj-266	382	8	224	224	NUM
emaj-266	382	9	.	.	PUNCT
emaj-266	383	1	sims	sim	NOUN
emaj-266	383	2	,	,	PUNCT
emaj-266	383	3	c.a	c.a	PROPN
emaj-266	383	4	.	.	PROPN
emaj-266	383	5	(	(	PUNCT
emaj-266	383	6	1980	1980	NUM
emaj-266	383	7	)	)	PUNCT
emaj-266	383	8	.	.	PUNCT
emaj-266	384	1	macroeconomics	macroeconomic	NOUN
emaj-266	384	2	and	and	CCONJ
emaj-266	384	3	reality	reality	NOUN
emaj-266	384	4	.	.	PUNCT
emaj-266	385	1	econometrica	econometrica	PROPN
emaj-266	385	2	:	:	PUNCT
emaj-266	385	3	journal	journal	NOUN
emaj-266	385	4	of	of	ADP
emaj-266	385	5	the	the	DET
emaj-266	385	6	econometric	econometric	ADJ
emaj-266	385	7	society	society	NOUN
emaj-266	385	8	,	,	PUNCT
emaj-266	385	9	1	1	NUM
emaj-266	385	10	-	-	SYM
emaj-266	385	11	48	48	NUM
emaj-266	385	12	.	.	PUNCT
emaj-266	386	1	song	song	PROPN
emaj-266	386	2	,	,	PUNCT
emaj-266	386	3	h.	h.	PROPN
emaj-266	386	4	&	&	CCONJ
emaj-266	386	5	witt	witt	PROPN
emaj-266	386	6	,	,	PUNCT
emaj-266	386	7	s.f	s.f	PROPN
emaj-266	386	8	.	.	PROPN
emaj-266	387	1	(	(	PUNCT
emaj-266	387	2	2000	2000	NUM
emaj-266	387	3	)	)	PUNCT
emaj-266	387	4	tourism	tourism	NOUN
emaj-266	387	5	demand	demand	NOUN
emaj-266	387	6	modelling	modelling	NOUN
emaj-266	387	7	and	and	CCONJ
emaj-266	387	8	forecasting	forecasting	NOUN
emaj-266	387	9	:	:	PUNCT
emaj-266	387	10	modern	modern	ADJ
emaj-266	387	11	econometric	econometric	ADJ
emaj-266	387	12	approaches	approach	NOUN
emaj-266	387	13	,	,	PUNCT
emaj-266	387	14	netherlands	netherlands	PROPN
emaj-266	387	15	:	:	PUNCT
emaj-266	388	1	pergamon	pergamon	NOUN
emaj-266	388	2	.	.	PUNCT
emaj-266	388	3	stensås	stensås	PROPN
emaj-266	388	4	,	,	PUNCT
emaj-266	388	5	a.	a.	NOUN
emaj-266	388	6	,	,	PUNCT
emaj-266	388	7	nygaard	nygaard	PROPN
emaj-266	388	8	,	,	PUNCT
emaj-266	388	9	m.f	m.f	PROPN
emaj-266	388	10	.	.	PROPN
emaj-266	388	11	,	,	PUNCT
emaj-266	388	12	kyaw	kyaw	PROPN
emaj-266	388	13	,	,	PUNCT
emaj-266	388	14	k.	k.	PROPN
emaj-266	388	15	&	&	CCONJ
emaj-266	388	16	treepongkaruna	treepongkaruna	PROPN
emaj-266	388	17	,	,	PUNCT
emaj-266	388	18	s.	s.	PROPN
emaj-266	388	19	(	(	PUNCT
emaj-266	388	20	2019	2019	NUM
emaj-266	388	21	)	)	PUNCT
emaj-266	388	22	.	.	PUNCT
emaj-266	389	1	can	can	AUX
emaj-266	389	2	bitcoin	bitcoin	VERB
emaj-266	389	3	be	be	AUX
emaj-266	389	4	a	a	DET
emaj-266	389	5	diversifier	diversifi	ADJ
emaj-266	389	6	,	,	PUNCT
emaj-266	389	7	hedge	hedge	ADJ
emaj-266	389	8	or	or	CCONJ
emaj-266	389	9	safe	safe	ADJ
emaj-266	389	10	haven	haven	NOUN
emaj-266	389	11	tool	tool	NOUN
emaj-266	389	12	?	?	PUNCT
emaj-266	390	1	cogent	cogent	NOUN
emaj-266	390	2	economics	economic	NOUN
emaj-266	390	3	&	&	CCONJ
emaj-266	390	4	finance	finance	PROPN
emaj-266	390	5	,	,	PUNCT
emaj-266	390	6	7(1	7(1	NUM
emaj-266	390	7	)	)	PUNCT
emaj-266	390	8	,	,	PUNCT
emaj-266	390	9	1593072	1593072	NUM
emaj-266	390	10	.	.	PUNCT
emaj-266	391	1	su	su	PROPN
emaj-266	391	2	,	,	PUNCT
emaj-266	391	3	c.w	c.w	PROPN
emaj-266	391	4	.	.	PROPN
emaj-266	391	5	,	,	PUNCT
emaj-266	391	6	qin	qin	PROPN
emaj-266	391	7	,	,	PUNCT
emaj-266	391	8	m.	m.	NOUN
emaj-266	391	9	,	,	PUNCT
emaj-266	391	10	tao	tao	PROPN
emaj-266	391	11	,	,	PUNCT
emaj-266	391	12	r.	r.	PROPN
emaj-266	391	13	,	,	PUNCT
emaj-266	391	14	shao	shao	PROPN
emaj-266	391	15	,	,	PUNCT
emaj-266	391	16	x.f	x.f	PROPN
emaj-266	391	17	.	.	PROPN
emaj-266	391	18	,	,	PUNCT
emaj-266	391	19	albu	albu	PROPN
emaj-266	391	20	,	,	PUNCT
emaj-266	391	21	l.l	l.l	PROPN
emaj-266	391	22	.	.	PROPN
emaj-266	391	23	&	&	CCONJ
emaj-266	391	24	umar	umar	PROPN
emaj-266	391	25	,	,	PUNCT
emaj-266	391	26	m.	m.	NOUN
emaj-266	391	27	(	(	PUNCT
emaj-266	391	28	2020	2020	NUM
emaj-266	391	29	)	)	PUNCT
emaj-266	391	30	.	.	PUNCT
emaj-266	392	1	can	can	AUX
emaj-266	392	2	bitcoin	bitcoin	VERB
emaj-266	392	3	hedge	hedge	VERB
emaj-266	392	4	the	the	DET
emaj-266	392	5	risks	risk	NOUN
emaj-266	392	6	of	of	ADP
emaj-266	392	7	geopolitical	geopolitical	ADJ
emaj-266	392	8	events	event	NOUN
emaj-266	392	9	?	?	PUNCT
emaj-266	393	1	technological	technological	ADJ
emaj-266	393	2	forecasting	forecasting	NOUN
emaj-266	393	3	and	and	CCONJ
emaj-266	393	4	social	social	ADJ
emaj-266	393	5	change	change	NOUN
emaj-266	393	6	,	,	PUNCT
emaj-266	393	7	159	159	NUM
emaj-266	393	8	,	,	PUNCT
emaj-266	393	9	120182	120182	NUM
emaj-266	393	10	.	.	PUNCT
emaj-266	394	1	szetela	szetela	PROPN
emaj-266	394	2	,	,	PUNCT
emaj-266	394	3	b.	b.	PROPN
emaj-266	394	4	,	,	PUNCT
emaj-266	394	5	mentel	mentel	NOUN
emaj-266	394	6	,	,	PUNCT
emaj-266	394	7	g.	g.	PROPN
emaj-266	394	8	,	,	PUNCT
emaj-266	394	9	bilan	bilan	PROPN
emaj-266	394	10	,	,	PUNCT
emaj-266	394	11	y.	y.	PROPN
emaj-266	394	12	&	&	CCONJ
emaj-266	394	13	mentel	mentel	PROPN
emaj-266	394	14	,	,	PUNCT
emaj-266	394	15	u.	u.	NOUN
emaj-266	394	16	(	(	PUNCT
emaj-266	394	17	2021	2021	NUM
emaj-266	394	18	)	)	PUNCT
emaj-266	394	19	.	.	PUNCT
emaj-266	395	1	the	the	DET
emaj-266	395	2	relationship	relationship	NOUN
emaj-266	395	3	between	between	ADP
emaj-266	395	4	trend	trend	NOUN
emaj-266	395	5	and	and	CCONJ
emaj-266	395	6	volume	volume	NOUN
emaj-266	395	7	on	on	ADP
emaj-266	395	8	the	the	DET
emaj-266	395	9	bitcoin	bitcoin	ADJ
emaj-266	395	10	market	market	NOUN
emaj-266	395	11	.	.	PUNCT
emaj-266	396	1	eurasian	eurasian	ADJ
emaj-266	396	2	economic	economic	PROPN
emaj-266	396	3	review	review	PROPN
emaj-266	396	4	,	,	PUNCT
emaj-266	396	5	11(1	11(1	NUM
emaj-266	396	6	)	)	PUNCT
emaj-266	396	7	,	,	PUNCT
emaj-266	396	8	25–42	25–42	NUM
emaj-266	396	9	.	.	PUNCT
emaj-266	396	10	taskinsoy	taskinsoy	NOUN
emaj-266	396	11	,	,	PUNCT
emaj-266	396	12	j.	j.	PROPN
emaj-266	396	13	(	(	PUNCT
emaj-266	396	14	2021	2021	NUM
emaj-266	396	15	)	)	PUNCT
emaj-266	396	16	.	.	PUNCT
emaj-266	397	1	bitcoin	bitcoin	NOUN
emaj-266	397	2	:	:	PUNCT
emaj-266	397	3	a	a	DET
emaj-266	397	4	new	new	ADJ
emaj-266	397	5	digital	digital	ADJ
emaj-266	397	6	gold	gold	NOUN
emaj-266	397	7	standard	standard	NOUN
emaj-266	397	8	in	in	ADP
emaj-266	397	9	the	the	DET
emaj-266	397	10	21st	21st	ADJ
emaj-266	397	11	century	century	NOUN
emaj-266	397	12	?	?	PUNCT
emaj-266	398	1	available	available	ADJ
emaj-266	398	2	at	at	ADP
emaj-266	398	3	ssrn	ssrn	PROPN
emaj-266	398	4	3941857	3941857	NUM
emaj-266	398	5	.	.	PUNCT
emaj-266	399	1	umar	umar	PROPN
emaj-266	399	2	,	,	PUNCT
emaj-266	399	3	m.	m.	NOUN
emaj-266	399	4	,	,	PUNCT
emaj-266	399	5	su	su	PROPN
emaj-266	399	6	,	,	PUNCT
emaj-266	399	7	c.w	c.w	PROPN
emaj-266	399	8	.	.	PROPN
emaj-266	399	9	,	,	PUNCT
emaj-266	399	10	rizvi	rizvi	ADJ
emaj-266	399	11	,	,	PUNCT
emaj-266	399	12	s.k.a	s.k.a	PROPN
emaj-266	399	13	.	.	PROPN
emaj-266	399	14	&	&	CCONJ
emaj-266	399	15	shao	shao	PROPN
emaj-266	399	16	,	,	PUNCT
emaj-266	399	17	x.f	x.f	PROPN
emaj-266	399	18	.	.	PROPN
emaj-266	399	19	(	(	PUNCT
emaj-266	399	20	2021	2021	NUM
emaj-266	399	21	)	)	PUNCT
emaj-266	399	22	.	.	PUNCT
emaj-266	400	1	bitcoin	bitcoin	NOUN
emaj-266	400	2	:	:	PUNCT
emaj-266	400	3	a	a	DET
emaj-266	400	4	safe	safe	ADJ
emaj-266	400	5	haven	haven	NOUN
emaj-266	400	6	asset	asset	NOUN
emaj-266	400	7	and	and	CCONJ
emaj-266	400	8	a	a	DET
emaj-266	400	9	winner	winner	NOUN
emaj-266	400	10	amid	amid	ADP
emaj-266	400	11	political	political	ADJ
emaj-266	400	12	and	and	CCONJ
emaj-266	400	13	economic	economic	ADJ
emaj-266	400	14	uncertainties	uncertainty	NOUN
emaj-266	400	15	in	in	ADP
emaj-266	400	16	the	the	DET
emaj-266	400	17	us	us	PROPN
emaj-266	400	18	?	?	PUNCT
emaj-266	401	1	technological	technological	ADJ
emaj-266	401	2	forecasting	forecasting	NOUN
emaj-266	401	3	and	and	CCONJ
emaj-266	401	4	social	social	ADJ
emaj-266	401	5	change	change	NOUN
emaj-266	401	6	,	,	PUNCT
emaj-266	401	7	167	167	NUM
emaj-266	401	8	,	,	PUNCT
emaj-266	401	9	120680	120680	NUM
emaj-266	401	10	.	.	PUNCT
emaj-266	402	1	unvan	unvan	PROPN
emaj-266	402	2	,	,	PUNCT
emaj-266	402	3	y.a	y.a	PROPN
emaj-266	402	4	.	.	PROPN
emaj-266	402	5	(	(	PUNCT
emaj-266	402	6	2021	2021	NUM
emaj-266	402	7	)	)	PUNCT
emaj-266	402	8	.	.	PUNCT
emaj-266	403	1	impacts	impact	NOUN
emaj-266	403	2	of	of	ADP
emaj-266	403	3	bitcoin	bitcoin	PROPN
emaj-266	403	4	on	on	ADP
emaj-266	403	5	usa	usa	PROPN
emaj-266	403	6	,	,	PUNCT
emaj-266	403	7	japan	japan	PROPN
emaj-266	403	8	,	,	PUNCT
emaj-266	403	9	china	china	PROPN
emaj-266	403	10	and	and	CCONJ
emaj-266	403	11	turkey	turkey	PROPN
emaj-266	403	12	stock	stock	NOUN
emaj-266	403	13	market	market	NOUN
emaj-266	403	14	indexes	index	NOUN
emaj-266	403	15	:	:	PUNCT
emaj-266	403	16	causality	causality	NOUN
emaj-266	403	17	analysis	analysis	NOUN
emaj-266	403	18	with	with	ADP
emaj-266	403	19	value	value	NOUN
emaj-266	403	20	at	at	ADP
emaj-266	403	21	risk	risk	NOUN
emaj-266	403	22	method	method	NOUN
emaj-266	403	23	(	(	PUNCT
emaj-266	403	24	var	var	NOUN
emaj-266	403	25	)	)	PUNCT
emaj-266	403	26	.	.	PUNCT
emaj-266	404	1	communications	communication	NOUN
emaj-266	404	2	in	in	ADP
emaj-266	404	3	statistics	statistic	NOUN
emaj-266	404	4	-	-	PUNCT
emaj-266	404	5	theory	theory	NOUN
emaj-266	404	6	and	and	CCONJ
emaj-266	404	7	methods	method	NOUN
emaj-266	404	8	,	,	PUNCT
emaj-266	404	9	50(7	50(7	NUM
emaj-266	404	10	)	)	PUNCT
emaj-266	404	11	,	,	PUNCT
emaj-266	404	12	1599	1599	NUM
emaj-266	404	13	-	-	SYM
emaj-266	404	14	1614	1614	NUM
emaj-266	404	15	.	.	PUNCT
emaj-266	405	1	urquhart	urquhart	PROPN
emaj-266	405	2	,	,	PUNCT
emaj-266	405	3	a.	a.	PROPN
emaj-266	405	4	(	(	PUNCT
emaj-266	405	5	2017	2017	NUM
emaj-266	405	6	)	)	PUNCT
emaj-266	405	7	.	.	PUNCT
emaj-266	406	1	price	price	NOUN
emaj-266	406	2	clustering	cluster	VERB
emaj-266	406	3	in	in	ADP
emaj-266	406	4	bitcoin	bitcoin	NOUN
emaj-266	406	5	.	.	PUNCT
emaj-266	407	1	economic	economic	ADJ
emaj-266	407	2	letters	letter	NOUN
emaj-266	407	3	,	,	PUNCT
emaj-266	407	4	159	159	NUM
emaj-266	407	5	,	,	PUNCT
emaj-266	407	6	145–148	145–148	NUM
emaj-266	407	7	.	.	PUNCT
emaj-266	408	1	urquhart	urquhart	PROPN
emaj-266	408	2	,	,	PUNCT
emaj-266	408	3	a.	a.	PROPN
emaj-266	408	4	&	&	CCONJ
emaj-266	408	5	zhang	zhang	PROPN
emaj-266	408	6	,	,	PUNCT
emaj-266	408	7	h.	h.	PROPN
emaj-266	408	8	(	(	PUNCT
emaj-266	408	9	2019	2019	NUM
emaj-266	408	10	)	)	PUNCT
emaj-266	408	11	.	.	PUNCT
emaj-266	408	12	is	be	AUX
emaj-266	408	13	bitcoin	bitcoin	VERB
emaj-266	408	14	a	a	DET
emaj-266	408	15	hedge	hedge	NOUN
emaj-266	408	16	or	or	CCONJ
emaj-266	408	17	safe	safe	ADJ
emaj-266	408	18	haven	haven	NOUN
emaj-266	408	19	for	for	ADP
emaj-266	408	20	currencies	currency	NOUN
emaj-266	408	21	?	?	PUNCT
emaj-266	409	1	an	an	DET
emaj-266	409	2	intraday	intraday	NOUN
emaj-266	409	3	analysis	analysis	NOUN
emaj-266	409	4	.	.	PUNCT
emaj-266	410	1	international	international	ADJ
emaj-266	410	2	review	review	NOUN
emaj-266	410	3	of	of	ADP
emaj-266	410	4	financial	financial	ADJ
emaj-266	410	5	analysis	analysis	NOUN
emaj-266	410	6	,	,	PUNCT
emaj-266	410	7	63	63	NUM
emaj-266	410	8	,	,	PUNCT
emaj-266	410	9	49	49	NUM
emaj-266	410	10	-	-	SYM
emaj-266	410	11	57	57	NUM
emaj-266	410	12	.	.	PUNCT
emaj-266	411	1	vardar	vardar	NOUN
emaj-266	411	2	,	,	PUNCT
emaj-266	411	3	g.	g.	PROPN
emaj-266	411	4	&	&	CCONJ
emaj-266	411	5	aydogan	aydogan	PROPN
emaj-266	411	6	,	,	PUNCT
emaj-266	411	7	b.	b.	PROPN
emaj-266	411	8	(	(	PUNCT
emaj-266	411	9	2019	2019	NUM
emaj-266	411	10	)	)	PUNCT
emaj-266	411	11	.	.	PUNCT
emaj-266	412	1	return	return	NOUN
emaj-266	412	2	and	and	CCONJ
emaj-266	412	3	volatility	volatility	NOUN
emaj-266	412	4	spillovers	spillover	NOUN
emaj-266	412	5	between	between	ADP
emaj-266	412	6	bitcoin	bitcoin	ADJ
emaj-266	412	7	and	and	CCONJ
emaj-266	412	8	other	other	ADJ
emaj-266	412	9	asset	asset	NOUN
emaj-266	412	10	classes	class	NOUN
emaj-266	412	11	in	in	ADP
emaj-266	412	12	turkey	turkey	NOUN
emaj-266	412	13	:	:	PUNCT
emaj-266	412	14	evidence	evidence	NOUN
emaj-266	412	15	from	from	ADP
emaj-266	412	16	var	var	NOUN
emaj-266	412	17	-	-	PUNCT
emaj-266	412	18	bekkgarch	bekkgarch	NOUN
emaj-266	412	19	approach	approach	NOUN
emaj-266	412	20	.	.	PUNCT
emaj-266	413	1	euromed	euromed	PROPN
emaj-266	413	2	journal	journal	PROPN
emaj-266	413	3	of	of	ADP
emaj-266	413	4	business	business	NOUN
emaj-266	413	5	,	,	PUNCT
emaj-266	413	6	14(3	14(3	NUM
emaj-266	413	7	)	)	PUNCT
emaj-266	413	8	,	,	PUNCT
emaj-266	413	9	209	209	NUM
emaj-266	413	10	-	-	SYM
emaj-266	413	11	220	220	NUM
emaj-266	413	12	.	.	PUNCT
emaj-266	414	1	wang	wang	PROPN
emaj-266	414	2	,	,	PUNCT
emaj-266	414	3	g.j	g.j	PROPN
emaj-266	414	4	.	.	PROPN
emaj-266	414	5	,	,	PUNCT
emaj-266	414	6	xie	xie	PROPN
emaj-266	414	7	,	,	PUNCT
emaj-266	414	8	c.	c.	PROPN
emaj-266	414	9	,	,	PUNCT
emaj-266	414	10	wen	wen	PROPN
emaj-266	414	11	,	,	PUNCT
emaj-266	414	12	d.	d.	PROPN
emaj-266	414	13	&	&	CCONJ
emaj-266	414	14	zhao	zhao	PROPN
emaj-266	414	15	,	,	PUNCT
emaj-266	414	16	l.	l.	PROPN
emaj-266	414	17	(	(	PUNCT
emaj-266	414	18	2019	2019	NUM
emaj-266	414	19	)	)	PUNCT
emaj-266	414	20	.	.	PUNCT
emaj-266	415	1	when	when	SCONJ
emaj-266	415	2	bitcoin	bitcoin	NOUN
emaj-266	415	3	meets	meet	VERB
emaj-266	415	4	economic	economic	ADJ
emaj-266	415	5	policy	policy	NOUN
emaj-266	415	6	uncertainty	uncertainty	NOUN
emaj-266	415	7	(	(	PUNCT
emaj-266	415	8	epu	epu	PROPN
emaj-266	415	9	):	):	PUNCT
emaj-266	415	10	measuring	measure	VERB
emaj-266	415	11	risk	risk	NOUN
emaj-266	415	12	spillover	spillover	VERB
emaj-266	415	13	effect	effect	NOUN
emaj-266	415	14	from	from	ADP
emaj-266	415	15	epu	epu	PROPN
emaj-266	415	16	to	to	PART
emaj-266	415	17	bitcoin	bitcoin	VERB
emaj-266	415	18	.	.	PUNCT
emaj-266	416	1	finance	finance	NOUN
emaj-266	416	2	research	research	NOUN
emaj-266	416	3	letters	letter	NOUN
emaj-266	416	4	,	,	PUNCT
emaj-266	416	5	31	31	NUM
emaj-266	416	6	.	.	PUNCT
emaj-266	417	1	wang	wang	PROPN
emaj-266	417	2	,	,	PUNCT
emaj-266	417	3	h.	h.	PROPN
emaj-266	417	4	,	,	PUNCT
emaj-266	417	5	wang	wang	PROPN
emaj-266	417	6	,	,	PUNCT
emaj-266	417	7	x.	x.	PROPN
emaj-266	417	8	,	,	PUNCT
emaj-266	417	9	yin	yin	PROPN
emaj-266	417	10	,	,	PUNCT
emaj-266	417	11	s.	s.	PROPN
emaj-266	417	12	&	&	CCONJ
emaj-266	417	13	ji	ji	PROPN
emaj-266	417	14	,	,	PUNCT
emaj-266	417	15	h.	h.	PROPN
emaj-266	417	16	(	(	PUNCT
emaj-266	417	17	2021	2021	NUM
emaj-266	417	18	)	)	PUNCT
emaj-266	417	19	.	.	PUNCT
emaj-266	418	1	the	the	DET
emaj-266	418	2	asymmetric	asymmetric	ADJ
emaj-266	418	3	contagion	contagion	NOUN
emaj-266	418	4	effect	effect	NOUN
emaj-266	418	5	between	between	ADP
emaj-266	418	6	stock	stock	NOUN
emaj-266	418	7	market	market	NOUN
emaj-266	418	8	and	and	CCONJ
emaj-266	418	9	cryptocurrency	cryptocurrency	NOUN
emaj-266	418	10	market	market	NOUN
emaj-266	418	11	.	.	PUNCT
emaj-266	419	1	finance	finance	NOUN
emaj-266	419	2	research	research	NOUN
emaj-266	419	3	letters	letter	NOUN
emaj-266	419	4	,	,	PUNCT
emaj-266	419	5	46	46	NUM
emaj-266	419	6	,	,	PUNCT
emaj-266	419	7	102345	102345	NUM
emaj-266	419	8	.	.	PUNCT
emaj-266	420	1	wu	wu	PROPN
emaj-266	420	2	,	,	PUNCT
emaj-266	420	3	s.	s.	PROPN
emaj-266	420	4	,	,	PUNCT
emaj-266	420	5	tong	tong	PROPN
emaj-266	420	6	,	,	PUNCT
emaj-266	420	7	m.	m.	NOUN
emaj-266	420	8	,	,	PUNCT
emaj-266	420	9	yang	yang	PROPN
emaj-266	420	10	,	,	PUNCT
emaj-266	420	11	z.	z.	PROPN
emaj-266	420	12	&	&	CCONJ
emaj-266	420	13	derbali	derbali	PROPN
emaj-266	420	14	,	,	PUNCT
emaj-266	420	15	a.	a.	NOUN
emaj-266	420	16	(	(	PUNCT
emaj-266	420	17	2019	2019	NUM
emaj-266	420	18	)	)	PUNCT
emaj-266	420	19	.	.	PUNCT
emaj-266	421	1	does	do	VERB
emaj-266	421	2	gold	gold	NOUN
emaj-266	421	3	or	or	CCONJ
emaj-266	421	4	bitcoin	bitcoin	ADJ
emaj-266	421	5	hedge	hedge	NOUN
emaj-266	421	6	economic	economic	ADJ
emaj-266	421	7	policy	policy	NOUN
emaj-266	421	8	uncertainty	uncertainty	NOUN
emaj-266	421	9	?	?	PUNCT
emaj-266	422	1	finance	finance	NOUN
emaj-266	422	2	research	research	NOUN
emaj-266	422	3	letters	letter	NOUN
emaj-266	422	4	,	,	PUNCT
emaj-266	422	5	31	31	NUM
emaj-266	422	6	,	,	PUNCT
emaj-266	422	7	171178	171178	NUM
emaj-266	422	8	.	.	PUNCT
emaj-266	423	1	xunfa	xunfa	PROPN
emaj-266	423	2	,	,	PUNCT
emaj-266	423	3	l.u	l.u	PROPN
emaj-266	423	4	.	.	PROPN
emaj-266	423	5	,	,	PUNCT
emaj-266	423	6	liu	liu	PROPN
emaj-266	423	7	,	,	PUNCT
emaj-266	423	8	s.k	s.k	PROPN
emaj-266	423	9	.	.	PROPN
emaj-266	423	10	,	,	PUNCT
emaj-266	423	11	san	san	PROPN
emaj-266	423	12	liang	liang	PROPN
emaj-266	423	13	,	,	PUNCT
emaj-266	423	14	x.	x.	PROPN
emaj-266	423	15	,	,	PUNCT
emaj-266	423	16	zhang	zhang	PROPN
emaj-266	423	17	,	,	PUNCT
emaj-266	423	18	z.	z.	PROPN
emaj-266	423	19	&	&	CCONJ
emaj-266	423	20	hairong	hairong	PROPN
emaj-266	423	21	,	,	PUNCT
emaj-266	423	22	c.u.i	c.u.i	PROPN
emaj-266	423	23	.	.	PUNCT
emaj-266	423	24	(	(	PUNCT
emaj-266	423	25	2020	2020	NUM
emaj-266	423	26	)	)	PUNCT
emaj-266	423	27	.	.	PUNCT
emaj-266	424	1	the	the	DET
emaj-266	424	2	break	break	NOUN
emaj-266	424	3	pointdependent	pointdependent	ADJ
emaj-266	424	4	causality	causality	NOUN
emaj-266	424	5	between	between	ADP
emaj-266	424	6	the	the	DET
emaj-266	424	7	cryptocurrency	cryptocurrency	NOUN
emaj-266	424	8	and	and	CCONJ
emaj-266	424	9	emerging	emerge	VERB
emaj-266	424	10	stock	stock	NOUN
emaj-266	424	11	markets	market	NOUN
emaj-266	424	12	.	.	PUNCT
emaj-266	425	1	economic	economic	ADJ
emaj-266	425	2	computation	computation	NOUN
emaj-266	425	3	&	&	CCONJ
emaj-266	425	4	economic	economic	ADJ
emaj-266	425	5	cybernetics	cybernetic	NOUN
emaj-266	425	6	studies	study	NOUN
emaj-266	425	7	&	&	CCONJ
emaj-266	425	8	research	research	PROPN
emaj-266	425	9	,	,	PUNCT
emaj-266	425	10	54	54	NUM
emaj-266	425	11	,	,	PUNCT
emaj-266	425	12	4	4	NUM
emaj-266	425	13	.	.	NUM
emaj-266	425	14	yu	yu	PROPN
emaj-266	425	15	,	,	PUNCT
emaj-266	425	16	j.	j.	PROPN
emaj-266	425	17	,	,	PUNCT
emaj-266	425	18	shang	shang	PROPN
emaj-266	425	19	,	,	PUNCT
emaj-266	425	20	y.	y.	PROPN
emaj-266	425	21	&	&	CCONJ
emaj-266	425	22	li	li	PROPN
emaj-266	425	23	,	,	PUNCT
emaj-266	425	24	x.	x.	NOUN
emaj-266	425	25	(	(	PUNCT
emaj-266	425	26	2021	2021	NUM
emaj-266	425	27	)	)	PUNCT
emaj-266	425	28	.	.	PUNCT
emaj-266	426	1	dependence	dependence	NOUN
emaj-266	426	2	and	and	CCONJ
emaj-266	426	3	risk	risk	NOUN
emaj-266	426	4	spillover	spillover	VERB
emaj-266	426	5	among	among	ADP
emaj-266	426	6	hedging	hedge	VERB
emaj-266	426	7	assets	asset	NOUN
emaj-266	426	8	:	:	PUNCT
emaj-266	426	9	evidence	evidence	NOUN
emaj-266	426	10	from	from	ADP
emaj-266	426	11	bitcoin	bitcoin	NOUN
emaj-266	426	12	,	,	PUNCT
emaj-266	426	13	gold	gold	NOUN
emaj-266	426	14	,	,	PUNCT
emaj-266	426	15	and	and	CCONJ
emaj-266	426	16	usd	usd	NOUN
emaj-266	426	17	.	.	PUNCT
emaj-266	427	1	discrete	discrete	ADJ
emaj-266	427	2	dynamics	dynamic	NOUN
emaj-266	427	3	in	in	ADP
emaj-266	427	4	nature	nature	NOUN
emaj-266	427	5	and	and	CCONJ
emaj-266	427	6	society	society	NOUN
emaj-266	427	7	.	.	PUNCT
emaj-266	428	1	https://doi.org/10.1155/2021/2010705	https://doi.org/10.1155/2021/2010705	PROPN
emaj-266	428	2	zhang	zhang	PROPN
emaj-266	428	3	,	,	PUNCT
emaj-266	428	4	j.	j.	PROPN
emaj-266	428	5	&	&	CCONJ
emaj-266	428	6	he	he	PRON
emaj-266	428	7	,	,	PUNCT
emaj-266	428	8	q.z	q.z	PROPN
emaj-266	428	9	.	.	PROPN
emaj-266	428	10	(	(	PUNCT
emaj-266	428	11	2021	2021	NUM
emaj-266	428	12	)	)	PUNCT
emaj-266	428	13	.	.	PUNCT
emaj-266	429	1	dynamic	dynamic	ADJ
emaj-266	429	2	cross	cross	ADJ
emaj-266	429	3	-	-	ADJ
emaj-266	429	4	market	market	ADJ
emaj-266	429	5	volatility	volatility	NOUN
emaj-266	429	6	spillover	spillover	NOUN
emaj-266	429	7	based	base	VERB
emaj-266	429	8	on	on	ADP
emaj-266	429	9	msv	msv	PROPN
emaj-266	429	10	model	model	NOUN
emaj-266	429	11	:	:	PUNCT
emaj-266	429	12	evidence	evidence	NOUN
emaj-266	429	13	from	from	ADP
emaj-266	429	14	bitcoin	bitcoin	NOUN
emaj-266	429	15	,	,	PUNCT
emaj-266	429	16	gold	gold	NOUN
emaj-266	429	17	,	,	PUNCT
emaj-266	429	18	crude	crude	ADJ
emaj-266	429	19	oil	oil	NOUN
emaj-266	429	20	,	,	PUNCT
emaj-266	429	21	and	and	CCONJ
emaj-266	429	22	stock	stock	NOUN
emaj-266	429	23	markets	market	NOUN
emaj-266	429	24	.	.	PUNCT
emaj-266	430	1	complexity	complexity	NOUN
emaj-266	430	2	,	,	PUNCT
emaj-266	430	3	https://doi.org/10.1155/2	https://doi.org/10.1155/2	PROPN
emaj-266	430	4	021/9912418	021/9912418	NUM
emaj-266	430	5	.	.	PUNCT
emaj-266	431	1	zhu	zhu	PROPN
emaj-266	431	2	,	,	PUNCT
emaj-266	431	3	y.	y.	PROPN
emaj-266	431	4	,	,	PUNCT
emaj-266	431	5	dickinson	dickinson	PROPN
emaj-266	431	6	,	,	PUNCT
emaj-266	431	7	d.	d.	PROPN
emaj-266	431	8	&	&	CCONJ
emaj-266	431	9	li	li	PROPN
emaj-266	431	10	,	,	PUNCT
emaj-266	431	11	j.	j.	PROPN
emaj-266	431	12	(	(	PUNCT
emaj-266	431	13	2017	2017	NUM
emaj-266	431	14	)	)	PUNCT
emaj-266	431	15	.	.	PUNCT
emaj-266	432	1	analysis	analysis	NOUN
emaj-266	432	2	on	on	ADP
emaj-266	432	3	the	the	DET
emaj-266	432	4	influence	influence	NOUN
emaj-266	432	5	factors	factor	NOUN
emaj-266	432	6	of	of	ADP
emaj-266	432	7	bitcoin	bitcoin	NOUN
emaj-266	432	8	’s	’s	PART
emaj-266	432	9	price	price	NOUN
emaj-266	432	10	based	base	VERB
emaj-266	432	11	on	on	ADP
emaj-266	432	12	vec	vec	PROPN
emaj-266	432	13	model	model	PROPN
emaj-266	432	14	.	.	PUNCT
emaj-266	433	1	financial	financial	ADJ
emaj-266	433	2	innovation	innovation	NOUN
emaj-266	433	3	,	,	PUNCT
emaj-266	433	4	3(1	3(1	NUM
emaj-266	433	5	)	)	PUNCT
emaj-266	433	6	,	,	PUNCT
emaj-266	433	7	1	1	NUM
emaj-266	433	8	-	-	SYM
emaj-266	433	9	13	13	NUM
emaj-266	433	10	.	.	PUNCT
emaj-266	434	1	https://doi.org/10.1155/2021/2010705	https://doi.org/10.1155/2021/2010705	NOUN
emaj-266	434	2	https://doi.org/10.1155/2021/9912418	https://doi.org/10.1155/2021/9912418	PROPN
emaj-266	434	3	https://doi.org/10.1155/2021/9912418	https://doi.org/10.1155/2021/9912418	PROPN