金融科技创新和能源波动之间的动态联系在战争期间在流行病时代
1Faculty of Economics, National Economics University, Hanoi, Vietnam. halethanh.kt@gmail.com.
概括
像ARKF和FINX这样的金融科技ETF显著传递市场冲击,特别是自COVID-19以来. 绿色债券和清洁能源指标显示复杂的冲击动态,随着时间的推移角色转移.
科学领域:
- 金融经济学 金融经济学
- 能源市场 能源市场
- 可持续金融 可持续金融
背景情况:
- 金融技术 (FinTech) 的日益普及对金融市场产生了重大影响.
- 了解金融科技,能源市场和可持续投资之间的相互联系至关重要.
- COVID-19大流行和地缘政治事件加剧了市场波动,改变了投资模式.
研究的目的:
- 分析金融科技ETF (ARKF,FINX) 与能源波动性指标之间的动态联系.
- 调查这些市场内的冲击传递机制.
- 评估重大全球事件对这些互联的影响.
主要方法:
- 使用扩展关节连接技术和时间变化的参数向量自回归 (ETVP-VAR) 方法.
- 分析了2019年4月1日至2022年9月26日的数据.
- 研究了8个关键指标,包括金融科技ETF,绿色债券,清洁能源,原油和风力发电.
主要成果:
- 在分析期间,ARKF和FINX始终充当显著的净冲击传递器.
- 绿色债券是长期净冲击的接受者,在COVID-19和俄乌战争期间,冲击传播急剧增加.
- 清洁能源和原油指标传递冲击,而风力发电在2021年中期将从净发射器过渡到净接收器.
结论:
- 金融科技ETF在传递市场冲击方面发挥着关键作用,受到流行病驱动的数字化采用等因素的影响.
- 可持续投资 (绿色债券,清洁能源) 和能源市场之间的关系是复杂的,随着时间的推移而演变.
- 市场动态显示了冲击传递模式的转变,特别是在2021年中期左右,突出了对适应性投资策略的需求.
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