Ramiah, Vikash; Pichelli, Jacopo; Moosa, Imad - In: Applied Economics 47 (2015) 7, pp. 725-738
Following the signing of the Kyoto protocol in 2005, a new wave of green policies emerged with the intention of protecting our planet. This study explores the effects these policies have on capital markets. In particular, we assess how the risk and return of US industrial portfolios react to the...