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The connectedness between green and conventional bond yields during the COVID-19 crisis: The role of the vaccination
1Department of Banking and Financial Management, University of Piraeus, 80 Karaoli & Dimitriou, 18534 Piraeus, Greece.
Abstract:
This study explores the role of COVID-19 in the connectedness between green and conventional bonds. The findings document spillovers from conventional to green bonds. The results imply that the new green bond market cannot be ignored during a stressful period.
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