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

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 …

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 …

quantify the loss of international diversification benefits for major advanced economies, which have a significant presence in … imply a potentially significant loss of international diversification benefits of financial openness for the considered …

, despite its established economic benefits, several challenges have precluded diversification in SSA. Against this backdrop … digitalization is a promising avenue to overcome barriers to diversification. Fast-paced advances in the diffusion of digital … new and unprecedented ways. Therefore, digitalization has the potential to promote diversification and growth in SSA by …

DIVERSIFICATION -- V. RIGID WAGES -- VI. CONCLUSION -- APPENDIX: THE MODEL -- REFERENCES. …