绿色债券和金融市场:不同市场情况的相互依赖性
Remzi Gök1, Zekai Şenol2, Burhan Durgun3
1Department of Business Administration, Dicle University, Diyarbakır, Turkey.
Journal of environmental management
|November 26, 2024
概括
绿色债券与传统债券,黄金和股票具有显著的回报相互依赖. 有证据表明,绿色债券具有滞后的避风港能力,特别是在传统债券市场下滑的情况下.
科学领域:
- 环境金融 环境金融
- 金融市场 金融市场
- 可持续投资 可持续投资
背景情况:
- 绿色债券因其在可持续金融中的作用而越来越受认可.
- 对于投资者来说,了解它们与其他资产类别的相互依赖是至关重要的.
- 评估绿色债券的避风港属性需要进行强有力的计量经济学分析.
研究的目的:
- 调查绿色债券和各种金融资产之间的收益相互依赖.
- 分析绿色债券在各种市场条件下的避风港能力.
- 确定绿色债券和其他市场之间的回报溢出效应的方向和规模.
主要方法:
- 量子对量子连接 (QQC) 来衡量回报溢出效应.
- 交叉量子图 (CQ) 检测滞后的依赖关系.
- 量子的格兰杰因果关系 (GC) 以推断因果关系和避风港属性.
主要成果:
- 绿色债券与传统债券,黄金和股票之间的回报连接是最强的.
- 绿色债券向比特币和黄金传递冲击,但从其他市场接收它们.
- 在传统债券下跌后,绿色债券的避风港效应延迟了一周.
结论:
- 绿色债券表现出与主要金融市场的显著,尽管复杂,回报相互依赖.
- 绿色债券的避风港能力是显而易见的,特别是在对传统债券市场压力的滞后反应中.
- 调查结果为投资组合多样化和可持续投资中的风险管理提供了宝贵的见解.
关键词:
比特币 比特币 比特币 比特币对于以太坊 (Ethereum) 来说,它是以太坊.黄金 黄金 黄金 黄金绿色债券和传统债券.伊斯兰和传统的库存.量子量是指量子的数量.安全的避风港安全的避风港.原油原油原油原油原油原油原油原油原油原油更多相关视频
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