Wang, Kai-Hua; Su, Chi-Wei; Umar, Muhammad; Dumitrescu … - In: Borsa Istanbul Review 23 (2023) 2, pp. 516-526
This paper investigates the link between crude oil prices (COP) and green bonds through a rolling-window Granger-causality test. The positive, negative, and uncorrelated impacts of COP on the green bond index (GBI) are captured with the same sample. The positive effects show that the prosperity...