Investment Analysts Journal,
Journal Year:
2024,
Volume and Issue:
53(2), P. 167 - 188
Published: March 4, 2024
This
study
examines
the
connectedness
among
eco-friendly
assets
and
how
volatility
in
fossil
energy
markets
affects
this
connectedness.
Using
a
broad
coverage
for
such
as
clean
index,
cryptocurrency
(Cardano),
green
bond
sustainability-leaders
our
results
show
that
is
higher
extremities
(tail-risk
spillovers)
more
significant
during
essential
world
events
pandemic
or
war.
Further,
we
employ
nonparametric
causality
quantiles,
quantile
regression,
kernel-based
regularised
least
squares
methods
to
investigate
influence
of
(crude
oil,
natural
gas,
gas
oil)
on
assets'
Our
imply
market
has
positive
causal
effect
dynamics
assets.
offers
important
implications
investors
policymakers
crafting
portfolio
strategies
policy
decisions.
Investment Analysts Journal,
Journal Year:
2024,
Volume and Issue:
53(2), P. 167 - 188
Published: March 4, 2024
This
study
examines
the
connectedness
among
eco-friendly
assets
and
how
volatility
in
fossil
energy
markets
affects
this
connectedness.
Using
a
broad
coverage
for
such
as
clean
index,
cryptocurrency
(Cardano),
green
bond
sustainability-leaders
our
results
show
that
is
higher
extremities
(tail-risk
spillovers)
more
significant
during
essential
world
events
pandemic
or
war.
Further,
we
employ
nonparametric
causality
quantiles,
quantile
regression,
kernel-based
regularised
least
squares
methods
to
investigate
influence
of
(crude
oil,
natural
gas,
gas
oil)
on
assets'
Our
imply
market
has
positive
causal
effect
dynamics
assets.
offers
important
implications
investors
policymakers
crafting
portfolio
strategies
policy
decisions.
