Fahad Saleh

University of Florida

Associate Professor of Finance

Warrington College of Business

Gainesville, FL 32611

United States

http://www.cryptoeconprof.com

  • University of Florida

SCHOLARLY PAPERS

24

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25,201

TOTAL CITATIONS
Rank 5,943

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Top 5,943

in Total Papers Citations

452

Scholarly Papers (24)

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1.

Blockchain Without Waste: Proof-of-Stake

Review of Financial Studies, Volume 34, March 2021, Pages 1156-1190
Number of pages: 49 Posted: 07 Jun 2018 Last Revised: 04 Nov 2021
Fahad Saleh
University of Florida
Downloads 5,694 (3,178)
Citation 296

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Blockchain, Consensus, Proof-of-Stake, FinTech

2.

The Public Blockchain Ecosystem: An Empirical Analysis

NYU Stern School of Business
Number of pages: 30 Posted: 02 Jun 2020 Last Revised: 30 Sep 2023
Felix Irresberger, Kose John, Peter Mueller and Fahad Saleh
Durham University, New York University (NYU) - Leonard N. Stern School of Business, Fordham University and University of Florida
Downloads 2,345 (13,678)
Citation 26

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Modern Blockchains, Smart Contracts, Proof-of-Stake, Decentralized Finance

3.

Bitcoin and Beyond

Downloads 2,288 (14,240)
Citation 14

Bitcoin and Beyond

Annual Review of Financial Economics, Vol. 14, pp. 95-115, 2022
Posted: 10 Nov 2022
Kose John, Maureen O'Hara and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Florida

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Bitcoin and Beyond

Annual Review of Financial Economics, Volume 14, 2022, Pages 95 - 115
Number of pages: 26 Posted: 02 Nov 2021 Last Revised: 21 Feb 2023
Kose John, Maureen O'Hara and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Florida
Downloads 2,288 (13,973)
Citation 14

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blockchain, bitcoin, fees, proof-of-work, proof-of-stake

4.

How Do Private Digital Currencies Affect Government Policy?

Downloads 1,971 (18,079)
Citation 4

How Do Private Digital Currencies Affect Government Policy?

NYU Stern School of Business, NYU Law and Economics Research Paper No. 20-05, Journal of Financial Stability, Vol. 73 (August 2024)
Number of pages: 28 Posted: 20 Aug 2019 Last Revised: 01 Jul 2024
Max Raskin, Fahad Saleh and David Yermack
New York University School of Law, University of Florida and New York University (NYU) - Stern School of Business
Downloads 1,886 (19,045)

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Cryptocurrency, Digital Currency, Bitcoin, Blockchain

How Do Private Digital Currencies Affect Government Policy?

NBER Working Paper No. w26219
Number of pages: 23 Posted: 09 Sep 2019 Last Revised: 20 Feb 2023
Max Raskin, Fahad Saleh and David Yermack
New York University School of Law, University of Florida and New York University (NYU) - Stern School of Business
Downloads 85 (645,725)
Citation 4

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5.

Smart Contracts and Decentralized Finance

Downloads 1,547 (26,271)

Smart Contracts and Decentralized Finance

Annual Review of Financial Economics, Vol. 15, pp. 523-542, 2023
Posted: 07 Nov 2023
Kose John, Leonid Kogan and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Florida

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Smart Contracts and Decentralized Finance

MIT Sloan Research Paper No. 6800-22
Number of pages: 25 Posted: 28 Sep 2022 Last Revised: 18 Oct 2022
Kose John, Leonid Kogan and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Florida
Downloads 1,547 (25,819)

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Smart Contracts, Decentralized Finance, DeFi, Decentralized Exchanges, DEX, Protocols for Loanable Funds, PLF, Tokens, Stablecoins, Oracle Problem, ICOs, NFTs, Ethereum

6.

Bitcoin's Limited Adoption Problem

Journal of Financial Economics, Volume 144, May 2022, Pages 347-369
Number of pages: 73 Posted: 20 Mar 2019 Last Revised: 22 Feb 2022
Franz J. Hinzen, Kose John and Fahad Saleh
New York University (NYU) - Department of Finance, New York University (NYU) - Leonard N. Stern School of Business and University of Florida
Downloads 1,261 (35,525)
Citation 13

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Bitcoin, Limited Adoption, Consensus, Network Delay, Blockchain, Payment Systems, FinTech

7.

The Need for Fees at a DEX: How Increases in Fees Can Increase DEX Trading Volume

Number of pages: 48 Posted: 26 Aug 2022 Last Revised: 03 Oct 2024
Joel Hasbrouck, Thomas J Rivera and Fahad Saleh
New York University (NYU) - Department of Finance, McGill University and University of Florida
Downloads 1,031 (47,569)
Citation 5

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Decentralized Exchange, DEX, Automated Market Makers, AMM

8.

An Economic Model of a Decentralized Exchange with Concentrated Liquidity

Number of pages: 51 Posted: 03 Aug 2023 Last Revised: 04 Aug 2024
Joel Hasbrouck, Thomas J Rivera and Fahad Saleh
New York University (NYU) - Department of Finance, McGill University and University of Florida
Downloads 1,017 (48,448)
Citation 7

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Decentralized Exchange, DEX, Automated Market Makers, AMM, Concentrated Liquidity, Uniswap V3

9.

Economics of Permissioned Blockchain Adoption

Management Science, Volume 69, June 2023, Pages 3415–3436
Number of pages: 52 Posted: 12 Jun 2020 Last Revised: 24 Aug 2023
Garud Iyengar, Fahad Saleh, Jay Sethuraman and Wenjun Wang
Columbia University - Department of Industrial Engineering and Operations Research (IEOR), University of Florida, Columbia University and Columbia University - Department of Industrial Engineering and Operations Research (IEOR)
Downloads 941 (53,980)
Citation 30

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Permissioned Blockchain, Blockchain Adoption, Technology Adoption, FinTech

10.

Economics of Ethereum

Downloads 911 (56,445)
Citation 2

Economics of Ethereum

Number of pages: 17 Posted: 16 Apr 2024 Last Revised: 28 Feb 2025
Kose John, Barnabé Monnot, Peter Mueller, Fahad Saleh and Caspar Schwarz-Schilling
New York University (NYU) - Leonard N. Stern School of Business, Ethereum Foundation, Fordham University, University of Florida and Ethereum Foundation
Downloads 844 (61,732)

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Ethereum, Proof-of-Stake, Staking, Proposer-Builder Separation, Gasper, EIP-1559, Proposer, Attester, Builder, Relay, Maximal Extractable Value, MEV, Staking Pools, Liquid Staking, Liquid Staking Tokens, LSTs

Economics of Ethereum

Number of pages: 16 Posted: 12 Nov 2024
Kose John, Barnabé Monnot, Peter Mueller, Fahad Saleh and Caspar Schwarz-Schilling
New York University (NYU) - Leonard N. Stern School of Business, Ethereum Foundation, Fordham University, University of Florida and Ethereum Foundation
Downloads 67 (741,748)
Citation 2

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Ethereum, Proof-of-Stake, Maximal Extractable Value, Proposer-Builder-Separation, Relays, Decentralized Exchanges

11.

Proof-of-Work versus Proof-of-Stake: A Comparative Economic Analysis

Number of pages: 62 Posted: 25 Feb 2021 Last Revised: 19 Oct 2024
Kose John, Thomas J Rivera and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business, McGill University and University of Florida
Downloads 878 (59,378)

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Blockchain, Proof-of-Stake, Proof-of-Work, Scale, Security, Fees

12.

Equilibrium Staking Levels in a Proof-of-Stake Blockchain

Number of pages: 33 Posted: 18 Nov 2021 Last Revised: 17 Sep 2023
Kose John, Thomas J Rivera and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business, McGill University and University of Florida
Downloads 861 (61,020)
Citation 4

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Blockchain, Proof-of-Stake, Staking, Block Rewards

13.

Equilibrium in a DeFi Lending Market

Number of pages: 61 Posted: 22 Mar 2023 Last Revised: 18 Apr 2024
Thomas J Rivera, Fahad Saleh and Quentin Vandeweyer
McGill University, University of Florida and University of Chicago - Booth School of Business
Downloads 855 (61,616)
Citation 4

Abstract:

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Decentralized Finance, DeFi, DeFi Lending, Protocol for Loanable Funds, PLF

14.

Evolution of Shares in a Proof-of-Stake Cryptocurrency

Management Science, Volume 67, February 2021, Pages 661-672 (Lead Article), HEC Paris Research Paper No. FIN-2019-1339
Number of pages: 31 Posted: 20 May 2019 Last Revised: 01 Mar 2021
Ioanid Rosu and Fahad Saleh
HEC Paris - Finance Department and University of Florida
Downloads 736 (75,228)
Citation 42

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Blockchain, cryptocurrency, asset allocation, martingale, Polya urn, Dirichlet distribution

15.

CDS Returns

Number of pages: 42 Posted: 13 Jun 2017 Last Revised: 05 May 2020
Patrick Augustin, Fahad Saleh and Haohua Xu
McGill University, University of Florida and McGill University - Desautels Faculty of Management
Downloads 726 (76,712)
Citation 3

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Correlations, Credit Default Swaps, Derivatives, Hedge Ratios, ISDA, Leverage

16.

The Evolution of Decentralized Exchange: Risks, Benefits, and Oversight

Number of pages: 41 Posted: 17 Jun 2024 Last Revised: 16 Oct 2024
Campbell R. Harvey, Joel Hasbrouck and Fahad Saleh
Duke University - Fuqua School of Business, New York University (NYU) - Department of Finance and University of Florida
Downloads 667 (85,307)

Abstract:

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Decentralized exchange, DEX, Decentralized finance, DeFi, Centralized exchange, CEX, Smart contracts, Uniswap, Limit-order book, Front running, Sandwich attack, Just-In-Time liquidity, Trading fees, Slippage, Bid-ask spread, Liquidity, Proposer, Builder, Relayer, Private pools

17.

Blockchain Adoption in a Supply Chain with Manufacturer Market Power

Management Science, Volume 70, September 2024, Pages 6158–6178
Number of pages: 54 Posted: 27 Oct 2021 Last Revised: 03 Oct 2024
Garud Iyengar, Fahad Saleh, Jay Sethuraman and Wenjun Wang
Columbia University - Department of Industrial Engineering and Operations Research (IEOR), University of Florida, Columbia University and Columbia University - Department of Industrial Engineering and Operations Research (IEOR)
Downloads 453 (138,108)
Citation 1

Abstract:

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Blockchain, Blockchain Adoption, Supply Chain, Market Power

18.

An Overview of Uniswap v4 for Researchers

Number of pages: 17 Posted: 25 Feb 2025
Brad Bachu, Joel Hasbrouck, Fahad Saleh and Xin Wan
Uniswap Labs, New York University (NYU) - Department of Finance, University of Florida and Uniswap Labs
Downloads 325 (200,374)

Abstract:

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Uniswap v4, Hooks, Liquidity Pools, Automated Market Makers, Decentralized Exchanges, AMM, DEX

19.

The Distributional Effects of 'Fulfilled By Amazon' (FBA)

Number of pages: 42 Posted: 27 Feb 2023 Last Revised: 03 Jul 2023
Garud Iyengar, Yuanzhe Ma, Thomas J Rivera, Fahad Saleh and Jay Sethuraman
Columbia University - Department of Industrial Engineering and Operations Research (IEOR), Columbia University - Department of Industrial Engineering and Operations Research, McGill University, University of Florida and Columbia University
Downloads 299 (219,184)

Abstract:

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Amazon, FBA, E-commerce Platform

20.

An Economic Model of the L1-L2 Interaction

Number of pages: 23 Posted: 04 Mar 2025 Last Revised: 20 Apr 2025
Campbell R. Harvey, Fahad Saleh and Ruslan Sverchkov
Duke University - Fuqua School of Business, University of Florida and University of Warwick - Warwick Business School
Downloads 222 (295,789)

Abstract:

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Layer-2, Rollups, Ethereum, Proof-of-Stake, dApps

21.

An Economic Covariance Model of Stock-Bond Dynamics

Number of pages: 29 Posted: 23 Jun 2018
Fahad Saleh
University of Florida
Downloads 103 (563,698)

Abstract:

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Bonds, Correlations, DCC, Equity, Fixed Income, Stocks, Volatility

22.

Cryptoeconomics

Number of pages: 29 Posted: 06 May 2025
Kose John and Fahad Saleh
New York University (NYU) - Leonard N. Stern School of Business and University of Florida
Downloads 43 (911,993)

Abstract:

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Blockchain, Consensus Protocol, Smart Contracts, Proof-of-Stake, Proof-of-Work, Decentralized Exchange, Decentralized Lending Protocol, Automated Market Makers

23.

The Evolution of Decentralized Exchange: Risks, Benefits, and Oversight

Number of pages: 41 Posted: 11 Feb 2025
Campbell R. Harvey, Joel S. Hasbrouck and Fahad Saleh
Duke University - Fuqua School of Business, New York University (NYU) - New York University and University of Florida
Downloads 27 (1,068,201)
Citation 1

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Decentralized exchange, DEX, Decentralized finance, DeFi, Centralized ex- change

24.

Volatility and Welfare in a Crypto Economy

Posted: 29 Aug 2018 Last Revised: 23 Aug 2021
Fahad Saleh
University of Florida

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Cryptocurrency, Blockchain, Volatility, Proof-of-Work, Stable Coin, FinTech