Dependence structure and dynamic connectedness between green bonds and financial markets: Fresh insights from time-frequency analysis before and during COVID-19 pandemic
Sign Up to like & getrecommendations! Published in 2022 at "Energy Economics"
DOI: 10.1016/j.eneco.2022.105842
Abstract: This paper examines the interdependence between green bonds and financial markets in the time-frequency domain by utilizing the multivariate wavelet approach and dynamic connectedness through combining Ensemble Empirical Mode Decomposition (EEMD) with Diebold and Yilmaz… read more here.
Keywords: time; bonds financial; financial markets; green bonds ... See more keywords
The pricing of green bonds: Are financial institutions special?
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Financial Stability"
DOI: 10.1016/j.jfs.2021.100873
Abstract: Abstract The financial system plays a major role in the transition to a low-carbon economy. We investigate this issue analyzing the recent developments and challenges in the bond and debt markets. First, we study the… read more here.
Keywords: pricing green; institutions special; financial institutions; green bonds ... See more keywords