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Savva Shanaev

Northumbria University

Lecturer

Pandon Building

208, City Campus East-1

Newcastle-Upon-Tyne, Newcastle NE1 8ST

United Kingdom

  • Northumbria University

SCHOLARLY PAPERS

21

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TOTAL CITATIONS
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Top 31,677

in Total Papers Citations

72

Scholarly Papers (21)

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1.

Detecting Anomalies in the 2020 US Presidential Election Votes with Benford’s Law

Number of pages: 15 Posted: 11 Dec 2020
Savva Shanaev, Arina Shuraeva, Arina Shuraeva and Binam Ghimire
Northumbria University, University of LondonUniversity of Northumbria at Newcastle and Robert Gordon University - Aberdeen Business School
Downloads 3,439 (8,629)

Abstract:

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US presidential election, Benford's law, election analysis, data irregularities

2.

The Financial Pandemic: COVID-19 and Policy Interventions on Rational and Irrational Markets

Number of pages: 49 Posted: 03 May 2020
Savva Shanaev, Arina Shuraeva, Arina Shuraeva and Binam Ghimire
Northumbria University, University of LondonUniversity of Northumbria at Newcastle and Robert Gordon University - Aberdeen Business School
Downloads 854 (70,639)
Citation 27

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COVID-19, event studies, policy intervention, financial market, efficient market hypothesis, SIR model

3.

Can Returns Breed Like Rabbits? Econometric Tests for Fibonacci Retracements

Downloads 608 (117,399)

Can Returns Breed Like Rabbits? Econometric Tests for Fibonacci Retracements

Number of pages: 27 Posted: 20 Sep 2022
Savva Shanaev and Ryan Gibson
Northumbria University and Audit Partnership Ltd
Downloads 420 (180,506)

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Fibonacci retracement, golden ratio, technical analysis, support and resistance, market efficiency

Can Returns Breed Like Rabbits? Econometric Tests for Fibonacci Retracements

Number of pages: 28 Posted: 11 Sep 2022
Savva Shanaev and Ryan Gibson
Northumbria University and Audit Partnership Ltd
Downloads 188 (427,552)

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Fibonacci retracement, golden ratio, technical analysis, support and resistance, market efficiency

4.

Turn-of-the-candle effect in Bitcoin returns

Downloads 503 (146,941)
Citation 1

Turn-of-the-candle effect in Bitcoin returns

Number of pages: 15 Posted: 29 Apr 2022
Savva Shanaev, Mikhail Vasenin and Roman Stepanov
Northumbria University, Northumbria University and Northumbria University
Downloads 365 (211,507)

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Bitcoin, cryptocurrency, high frequency, market efficiency, market anomaly

Turn-of-The-Candle Effect in Bitcoin Returns

Number of pages: 15 Posted: 17 Aug 2022
Savva Shanaev, Mikhail Vasenin and Roman Stepanov
Northumbria University, Northumbria University and Northumbria University
Downloads 138 (548,793)
Citation 1

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Bitcoin, Cryptocurrency, High Frequency, Market Efficiency, Market Anomaly

5.

Taming the Blockchain Beast? Regulatory Implications for the Cryptocurrency Market

Number of pages: 23 Posted: 14 Jun 2019
Savva Shanaev, Satish Sharma, Arina Shuraeva, Arina Shuraeva and Binam Ghimire
Northumbria University, University of Northumbria at Newcastle, University of LondonUniversity of Northumbria at Newcastle and Robert Gordon University - Aberdeen Business School
Downloads 478 (150,331)
Citation 26

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cryptocurrency, cryptocurrency regulation, anti-money laundering, event studies

6.

Towards Proof-of-Work Cryptocurrency Valuation: Mining Games, Network Effects and the Social Value of Blockchain

Number of pages: 32 Posted: 05 Apr 2019
Savva Shanaev, Arina Shuraeva, Arina Shuraeva, Mikhail Vasenin and Maksim Kuznetsov
Northumbria University, University of LondonUniversity of Northumbria at Newcastle, Northumbria University and Financial University under the Government of the Russian Federation
Downloads 442 (163,416)
Citation 1

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cryptocurrency, valuation, proof-of-work, bitcoin, network effects, transaction costs, alternative investments, simultaneous equilibria, social value of blockchain

7.

A Generalised Seasonality Test and Applications for Stock Market Seasonality

Number of pages: 14 Posted: 11 Dec 2020
Savva Shanaev and Binam Ghimire
Northumbria University and Robert Gordon University - Aberdeen Business School
Downloads 418 (177,047)
Citation 2

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seasonality, seasonality test, market efficiency, return seasonality

8.

A Fitting Return to Fitting Returns: Cryptocurrency Distributions Revisited

Number of pages: 33 Posted: 18 May 2021
Savva Shanaev and Binam Ghimire
Northumbria University and Robert Gordon University - Aberdeen Business School
Downloads 401 (186,949)
Citation 5

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cryptocurrency, return distribution, skewness, kurtosis, goodness-of-fit

9.

The Marginal Cost of Mining, Metcalfe's Law and Cryptocurrency Value Formation: Causal Inferences from the Instrumental Variable Approach

Number of pages: 29 Posted: 08 Aug 2019
Savva Shanaev, Satish Sharma, Arina Shuraeva, Arina Shuraeva and Binam Ghimire
Northumbria University, University of Northumbria at Newcastle, University of LondonUniversity of Northumbria at Newcastle and Robert Gordon University - Aberdeen Business School
Downloads 399 (185,792)
Citation 4

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cryptocurrency, blockchain, hashrate, Metcalfe’s law, cost-based pricing, causal inference, instrumental variable

10.

LGBT CEOs and Stock Returns: Diagnosing Rainbow Ceilings and Cliffs

Number of pages: 38 Posted: 19 May 2022
Savva Shanaev, Arina Skorochodova and Mikhail Vasenin
Northumbria University, Northumbria University and Northumbria University
Downloads 371 (202,609)
Citation 2

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LGBT, LGBTQ, socially responsible investment, workplace diversity, discrimination, rainbow ceiling

11.

Microeconomic Optimization of a Retail Outlet: Combinatorial and Probability Theory Methods

Number of pages: 6 Posted: 13 Apr 2015
Savva Shanaev and Mikhail Vasenin
Northumbria University and Northumbria University
Downloads 273 (279,442)

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optimization, probability theory, combinatorics

12.

Proof-of-What? Detecting Original Consensus Algorithms in Cryptocurrencies with a Four-Factor Model

Number of pages: 9 Posted: 28 Jun 2019
Savva Shanaev, Satish Sharma, Subhakara Valluri, Arina Shuraeva and Arina Shuraeva
Northumbria University, University of Northumbria at Newcastle, Institute of Economics of the Polish Academy of Sciences (INE PAN) and University of LondonUniversity of Northumbria at Newcastle
Downloads 238 (327,463)
Citation 2

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cryptocurrency, consensus algorithm, proof-of-work, proof-of-stake, risk factor, factor portfolio

13.

Second Season Syndrome in Association Football: Myth or Reality?

Number of pages: 32 Posted: 16 Nov 2023
Savva Shanaev and Mark Middling
Northumbria University and Northumbria University
Downloads 153 (488,442)

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second season syndrome, association football, sporting performance, sports analytics

14.

International Trade Globalization Model: Shapley Value and 'Fair' Pricing

Number of pages: 8 Posted: 19 Apr 2015
Savva Shanaev
Northumbria University
Downloads 152 (491,334)

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mathematical economics, international economics, international trade, cooperative games, linear programming

15.

When Bitcoin is High: Cryptocurrency Value, Illicit Markets, and US Marijuana Bills

Number of pages: 19 Posted: 31 Oct 2022 Last Revised: 25 Jan 2023
Savva Shanaev, Efan Johnson, Mikhail Vasenin and Binam Ghimire
Northumbria University, Northumbria University, Northumbria University and Robert Gordon University - Aberdeen Business School
Downloads 142 (527,599)

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Bitcoin, cannabis, illicit market, shadow economy, event study

16.

Competitive Consumer Loan Market Model: Interest-Collateral Equilibrium

Number of pages: 6 Posted: 27 Jun 2016
Savva Shanaev, Arina Shuraeva and Arina Shuraeva
Northumbria University and University of LondonUniversity of Northumbria at Newcastle
Downloads 115 (617,542)

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microeconomics, mathematical economics, banking, collateral

17.

New Evidence on the Institutional Causes of Economic Growth: Using Peer Pressure to Unbundle Institutions across Countries

Number of pages: 43 Posted: 19 Dec 2019
Savva Shanaev and Roseline Wanjiru
Northumbria University and University of Northumbria at Newcastle
Downloads 104 (669,616)
Citation 2

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economic growth, instrumental variables, institutions, international trade, political pressure, property rights

18.

To Float or to Sink? Revisiting the Causal Effects of Exchange Rate Regimes

Number of pages: 30 Posted: 15 Jul 2020
Arina Shuraeva, Arina Shuraeva, Savva Shanaev and Binam Ghimire
University of LondonUniversity of Northumbria at Newcastle, Northumbria University and Robert Gordon University - Aberdeen Business School
Downloads 85 (777,583)

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exchange rate regime, fixed exchange rate, economic growth, causal inference

19.

The Election Anomaly in Bitcoin Returns

Number of pages: 32 Posted: 05 Jun 2026
Savva Shanaev, Bogdan Maksikov and Mikhail Vasenin
Northumbria University, UNC Kenan-Flagler Business School - Finance Area and Northumbria University
Downloads 77

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Bitcoin, Cryptocurrency, Election, Political Risk, Event Study

20.

Children’s Toy or Grown-Ups’ Gamble? LEGO Sets as an Alternative Investment

Posted: 02 Oct 2019
Nikita Shimkus, Savva Shanaev, Satish Sharma and Binam Ghimire
University of Northumbria at Newcastle, Northumbria University, University of Northumbria at Newcastle and Robert Gordon University - Aberdeen Business School

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LEGO, alternative investment, collectable, performance evaluation, risk factor

21.

Cryptocurrency Value and 51% Attacks: Evidence from Event Studies

The Journal of Alternative Investments Winter 2020; DOI: https://doi.org/10.3905/jai.2019.1.081
Posted: 02 Dec 2018
Savva Shanaev, Arina Shuraeva, Arina Shuraeva, Mikhail Vasenin and Maksim Kuznetsov
Northumbria University, University of LondonUniversity of Northumbria at Newcastle, Northumbria University and Financial University under the Government of the Russian Federation

Abstract:

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cryptocurrency, alternative investment, 51% attack, event studies