2 papers
econ.GN2024
Does TikTok Promote or Cannibalize Music Streaming? Estimands and Identification with Heavy-Tailed Outcomes
Daniel Winkler, Christian Hotz-Behofsits, Nils Wlömert +2
We study how TikTok affects demand for music on paid streaming platforms. We use Universal Music Group's (UMG) global withdrawal of its catalog from TikTok as a quasi-natural exper…
econ.EM2018
Predicting crypto-currencies using sparse non-Gaussian state space models
Christian Hotz-Behofsits, Florian Huber, Thomas O. Zörner
In this paper we forecast daily returns of crypto-currencies using a wide variety of different econometric models. To capture salient features commonly observed in financial time s…