Showing 1 - 10 of 440
Fighting the COVID-19 pandemic required vaccinations; however, ending it requires vaccination equality. The progress in … vaccinations varies greatly across countries, with low- and middle-income countries having much lower vaccination rates than … challenges and vaccine hesitancy. This paper quantifies the importance of various factors in driving vaccination rates across …
Persistent link: https://www.econbiz.de/10015059887
A lack of timely financing for purchases of vaccines and other health products impeded the global response to the COVID-19 pandemic. Based on analysis of contract signature and delivery dates in COVID-19 vaccine advance purchase agreements, this paper finds that 60-75 percent of the delay in...
Persistent link: https://www.econbiz.de/10015060407
impact of the pandemic and boosted consumer spending. First, the vaccination deployment has a statistically and economically …
Persistent link: https://www.econbiz.de/10015059500
to provide issuers and other stakeholders with a comprehensive view of the ESG bond marketplace …
Persistent link: https://www.econbiz.de/10015059620
We analyze the corporate green bond market under a rational framework without an innate green preference, using a …, false or exaggerated claims of being green. The extent of greenwashing in the market is a function of the green bond premium …. A swift and gradual implementation of carbon pricing generates a small green bond premium and a low level of …
Persistent link: https://www.econbiz.de/10015059920
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 …
Persistent link: https://www.econbiz.de/10015080326
Economies (EMDEs). This paper investigates the role of fiscal policies in determining domestic bond yields, and how this … deficits results in a persistent increase in 10-year domestic bond yield by around 36 basis points over 2.5 years, with larger … effects observed during the COVID-19 pandemic. This contrasts with external bond spreads which are more sensitive to external …
Persistent link: https://www.econbiz.de/10015411343
To date, an operational measure of systemic risk capturing non-linear tail comovement between system-wide and individual bank returns has not yet been developed. This paper proposes an extension of the so-called CoVaR measure that captures the asymmetric response of the banking system to...
Persistent link: https://www.econbiz.de/10011142002
In the wake of the recent global crisis the international community is giving an increased focus on stability of the financial system, so-called financial stability analysis. With the increasing need for data sets to undertake this analysis, the question naturally arises as to what types of data...
Persistent link: https://www.econbiz.de/10011142045
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sector’s extensive industrial and financial linkages make it a special type of economic activity, especially where the credit creation process relies primarily on collateral, like...
Persistent link: https://www.econbiz.de/10011142057