Anticipation of the Development of Job Satisfaction—Construct and Validation Results of an Indicator for Well-Being at the Workplace

Abstract

This paper examines the volatility of Bitcoin as well as shedding light on the forecasting ability of GARCH models and HAR models in the Bitcoin market. We find no evidence of the leverage effect in Bitcoin and that the HAR models are superior in modelling Bitcoin volatility to traditional GARCH models. We also find that the inclusion of the jumps and the continuous components of HAR models adds information to the models.