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Investigating the Impact of Non-Fungible Tokens (NFTs) on the Economy of Art Using a Mixed Quantitative and Qualitative Approach

Author

Listed:
  • Sarhadi, Peyman

    (Ph.D. Candidate in Economics, University of Tehran)

  • Abdoli, Ghahreman

    (Professor of Economics, University of Tehran,)

  • Barkhordari dorbash, Sajad

    (Associate Professor of Economics, University of Tehran)

Abstract

This study investigates the effect of Non‑Fungible Tokens (NFTs) on the structure and dynamics of the digital art economy using a mixed quantitative–qualitative approach. Using market data from 2020 to 2024, Ordinary Least Squares (OLS), Autoregressive Distributed Lag (ARDL), Vector Autoregression (VAR), Granger causality, and Capital Asset Pricing Model (CAPM) analyses

Suggested Citation

  • Sarhadi, Peyman & Abdoli, Ghahreman & Barkhordari dorbash, Sajad, 2026. "Investigating the Impact of Non-Fungible Tokens (NFTs) on the Economy of Art Using a Mixed Quantitative and Qualitative Approach," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 21(1), pages 37-50, March.
  • Handle: RePEc:mbr:jmonec:v:21:y:2026:i:1:p:37-50
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