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The Coming Battle of Digital Currencies∗ Lin William Cong† ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2022/06/2022-ccaf-conference-version-paper-cong-mayer-final.pdf9 Jul 2023: digitization of money. More broadly, our study contributes to the recent literature on blockchain economics and. ... from holding money, reminiscent of the money-in-the-utility-function approach frequently adopted. in the classical monetary economics -
Π-CAPM: The Classical CAPM with Probability Weighting and Skewed ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2022/03/2022-ceam-research-prize-paper-classical-capm-with-probability.pdf9 Jul 2023: Π-CAPM—extends the classical CAPM of Lintner (1965) and Sharpe (1964) by a single. ... asset prices and its predictions compare directly to those of the classical CAPM.
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