A globális klímaváltozásból fakadó szélsőségesen meleg időszakok a gazdaság számos területén éreztetik negatív hatásukat. Tanulmányunkban azt vizsgáljuk, hogy az amerikai jelzáloghitelek mekkora része megy a jövőbeni hőhullámoknak leginkább kitett területekre, és...

Purpose: The purpose of this paper is to uncover the relationship between flows and real estate investment at open-ended real estate funds (OEREFs). Design/methodology/approach: The study employs fixed-effects panel regressions, relying on data from the Hungarian fund managers’ trade...

The purpose of this paper is to uncover the relationship between flows and real estate investment at open-ended real estate funds (OEREFs). The study employs fixed-effects panel regressions, relying on data from the Hungarian fund managers' trade association. First, the effect of lagged flows on...

Focusing on euro area stocks around the time of the Russian invasion of Ukraine, we investigate the performance of the individual ESG pillars using an event study methodology. We find that higher governance scores were associated with higher cumulative abnormal stock returns, possibly suggesting...