期刊论文

Fang Jia

英文

Sustainability

2071-1050

2022

14

10

6338-

10.3390/su14106338

Conceptualization, D.J. and F.J.; Data curation, D.J.; Formal analysis, D.J. and F.J.; Funding acquisition, D.J.; Investigation, D.J.; Methodology, D.J. and F.J.; Resources, D.J.; Software, D.J. and F.J.; Supervision, F.J.; Validation, D.J.; Writing—original draft, D.J. and F.J.; Writing—review & editing, F.J. All authors have read and agreed to the published version of the manuscript. This research received no external funding.

本校为其他机构

This paper examines green bonds (GB), which have received much attention for providing funding for clean energy (CE) market reforms. We investigate the extreme spillover effects between GB and CE markets by using both MVMQ-CAViaR and Granger causality in risk methods over the period from 5 July 2011 to 24 February 2020. Since there are usually extreme asymmetric spillovers between financial markets, we examined whether this phenomenon exists between GB and CE markets. Our empirical analysis results find the significant extreme spillovers from GB to CE markets. In addition, we find that the ups...