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自然灾害,ESG投资和金融传染
Haiying Wang1, Ying Yuan2,3,4, Tianyang Wang5
1School of Finance, Jiangxi University of Finance and Economics, Nanchang, China.
概括
自然灾害可以通过增加投资者对风险的厌恶来引发金融传染. 环境,社会和治理 (ESG) 投资显示出减轻这种传染的潜力,增强金融系统的弹性.
科学领域:
- 环境,社会和治理 (ESG) 投资
- 金融传染分析分析
- 自然灾害经济学 自然灾害经济学
背景情况:
- 自然灾害对金融市场构成重大风险.
- 了解传染机制对于金融稳定至关重要.
- 在减轻灾难驱动的金融冲击中,ESG投资的作用需要进行调查.
研究的目的:
- 调查自然灾害期间的金融传染.
- 探索环境,社会和治理 (ESG) 投资对灾害驱动的传染的缓解效应.
- 开发一种用于分析传染病传播的新型网络模型.
主要方法:
- 提出了一个新的边缘加权无定向传染网络.
- 分析了跨部门,资产类别和国际ESG指数的传播道.
- 经验测试的灾难驱动的传染效应.
主要成果:
- 证实了灾难驱动的金融传染的存在.
- 发现自然灾害增加了投资者对风险的厌恶,放大了传染.
- 证明ESG投资减轻了灾害驱动的传染病的传播.
结论:
- 自然灾害可以通过传染来破坏金融系统的稳定.
- 在危机期间,ESG投资提供了一种有价值的工具来增强金融弹性.
- 拟议的网络模型为传染传播途径提供了洞察力.
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