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In this paper we propose a novel approach in analysing the impact of changes in sovereign credit ratings on stock markets. We study the evolution of a segmented form of the stock market index for several crisis-hit countries, including both European and Asian markets. Such evolution is modelled...
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The financial system plays a major role in the transition to a low-carbon economy. We investigate this issue analyzing the recent developments and challenges in the bond and debt markets. First, we study the pricing of green bonds at issuance. We find a premium when green bonds are issued by...
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hence increasing the effectiveness of R&I policies for clean energy technologies and solutions. It monitors EU research and … competitiveness of the EU clean energy sector and its positioning in the global energy market. This overall strategic assessment … highlights various aspects of the clean energy technology sector in the EU, including the increase in energy consumption and …
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