Intro -- Contents -- I. INTRODUCTION -- II. METHODOLOGY AND DATA -- III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN …

In traditional bond markets, sovereign bonds provide benchmarks and serve as catalysts for the corporate bond market … development. Contrary to the usual sequence of bond market development, sovereign issuers are latecomers to sustainable bond … markets. Yet, our empirical study finds that sovereign green bond issuance can have quantitative and qualitative benefits for …

We analyze the corporate green bond market under a rational framework without an innate green preference, using a … stems from uncertainty over the introduction of carbon pricing. We show that green bonds have a price premium over …, false or exaggerated claims of being green. The extent of greenwashing in the market is a function of the green bond premium …

to provide issuers and other stakeholders with a comprehensive view of the ESG bond marketplace …

important than a reduced consumer spending in explaining cross firm differences in stock price declines. …

instruments can explain much of the in-sample variation in borrowing spreads, this fails to materialize in hedging strategies that … and innovation costs could justify the limited interest for this type of hedging in practice …

shocks, sticky prices generate a negative correlation between labor income and the profits of domestic firms, biasing …