DSGE on the metaverse

【Author】 Bai, Yunxia; Zhang, Bofu; Xue, Liuyang

【Source】FINANCE RESEARCH LETTERS

【影响因子】9.848

【Abstract】This paper explores the economic dynamics of the metaverse by using on-chain data of token holdings from a blockchain game. We use the New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model to examine the token inflation of the metaverse economy. We extend the standard DSGE models with in-game cryptocurrency to capture the demand and supply of NFTs assets. We compare the responses to tokenomic shocks that drive the metaverse economy. This paper is the first to use on-chain token holding data and DSGE models to study the metaverse economy.

【Keywords】Blockchain; Metaverse economy; DSGE; Tokenomics

【发表时间】2023 SEP

【收录时间】2023-08-09

【文献类型】实证数据

【主题类别】

区块链应用-虚拟经济-元宇宙