This research contributes to a better assessment of risk factors impacting non-listed real estate fund returns. Both … macroeconomic risk factors although our analyses suggest that non-listed real estate is more akin to direct real estate than it is …

environmental risk. In this scenario, we aimed at investigating the relationship between a specific component of environmental risk …, namely the so-called carbon risk, and the cost of debt. This research is motivated by the fact that few studies have focused …. Our results evidence a positive relationship between carbon risk and cost of debt, providing a relevant contribution to …

in the risk free rate (price channel) ii) a decrease in the value of collateral held by the banks, which leads to an … through the price channel. The risk-free rate for loans seems more likely to be the swap rate. As such the existence of a …

fiscal rule leads financial markets to reduce the risk premia on government bonds. Finally, when it comes to design features …

We examine the existence of physical and transition climate risk premia in euro areaequity markets. To do so, we … develop two novel physical and transition risk indicators, basedon text analysis, which are then used to gauge the presence of … climate risk premia. Resultssuggest that climate risk premia for both, transition and physical climate risk, have …

We examine the existence of physical and transition climate risk premia in euro areaequity markets. To do so, we … develop two novel physical and transition risk indicators, basedon text analysis, which are then used to gauge the presence of … climate risk premia. Resultssuggest that climate risk premia for both, transition and physical climate risk, have …

We examine the existence of physical and transition climate risk premia in euro area equity markets. To do so, we … develop two novel physical and transition risk indicators, based on text analysis, which are then used to gauge the presence … of climate risk premia. Results suggest that climate risk premia for both, transition and physical climate risk, have …