Cited by Does extreme climate exacerbate the risk spillover in green finance markets? evidence from a multi-horizon investment perspective

How climate risks relate to Chinese green finance markets in time-frequency domains? A consideration of extreme market conditions DOI

Rongyan Liu, Lingyun He, Chen Ling

et al.

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: unknown, P. 144596 - 144596

Published: Dec. 1, 2024

Language: Английский

Citations

Time-Varying Spillover Effects of Carbon Prices on China’s Financial Risks DOI

Jingye Lyu,

Zimeng Li

Systems, Journal Year: 2024, Volume and Issue: 12(12), P. 534 - 534

Published: Nov. 28, 2024

As China’s financial markets become increasingly integrated and the carbon market undergoes financialization, impact of emission price fluctuations on has emerged as a key area systemic risk research. This study employs Generalized AutoRegressive Conditional Heteroskedasticity (GARCH) model optimal Copula function to investigate dynamic correlation between prices markets. Building this, Monte Carlo simulation CoVaR models are used explore spillover effects volatility The findings reveal following: (1) Carbon generate all markets, but intensity varies across different foreign exchange experiences strongest effect, followed by bond market, while stock money relatively less affected. (2) functions differ indicating heterogeneous characteristics regional (3) There is degree interdependence various sub-markets in system. positive with commodity high negative real estate market. These underscore importance integrating into management frameworks. For policymakers, it highlights need consider stability measures when crafting regulations. Market managers can leverage these insights develop strategies that mitigate effects, investors use this analysis inform their portfolio diversification assessment processes.

Language: Английский

Citations

China's non-energy-intensive sectors have greater carbon reduction potential: Based on a three-tier SDA approach from energy substitution perspective DOI

Chang Qin, Feng Dong, Yangfan Li

et al.

Environmental Impact Assessment Review, Journal Year: 2024, Volume and Issue: 112, P. 107771 - 107771

Published: Dec. 12, 2024

Language: Английский

Citations

Connectedness for natural gas and Asian stock markets: time-frequency and cross-quantile approaches DOI

Luxi Sun,

Chenlu L Wu,

Xin Cui

et al.

Applied Economics, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 19

Published: Nov. 14, 2024

This study examines the interrelationship between 12 major Asian stock markets and natural gas market using data from 4 January 2010, to 31 December 2023. We employ three primary methodologies: Maximal Overlap Discrete Wavelet Transform (MODWT), Cross-Quantilogram (CQ), TVP-VAR model investigate connectedness spillover effects these markets. Our findings indicate that volatility of imparts positive predictability markets, though specific extent impact varies across time scales quantile levels. Furthermore, results analysis reveal significant spillovers within network in short term, with acting as a risk receiver. Specifically, occur Hong Kong Stock Exchange, Taiwan South Korea Shanghai Singapore while other remain net receivers.

Language: Английский

Citations

Basic public service and residents' travel carbon time intensity: Impact and mechanism DOI

Yunlong Ren,

Mingqi Yang,

Fenglian Du

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 372, P. 123388 - 123388

Published: Nov. 24, 2024

Language: Английский

Citations

Does extreme climate exacerbate the risk spillover in green finance markets? evidence from a multi-horizon investment perspective DOI

Qichang Xie,

Ruize Gong,

Lei Yin

et al.

Journal of International Money and Finance, Journal Year: 2024, Volume and Issue: unknown, P. 103262 - 103262

Published: Dec. 1, 2024

Language: Английский

Citations