The immense attention to climate change risk has stimulated increasing interest in carbon markets and their linkages to other markets. This study investigates the dynamic volatility spillover relationships between the Chinese carbon and international energy markets, and the impact of extreme...

In this paper, by using the time-varying parameter vector autoregression model (TVP-VAR) with the asymmetric connectedness indicator and network dia- grams, we investigate the dynamic and asymmetric return connectedness in the global 'Carbon-Energy-Stock' system, including carbon markets and...

Using the non-parametric thermal optimal path method, we investigate the dynamic lead-lag relationship between carbon emission trading and stock markets in China, and further consider the impact of different types of exogenous shocks on the lead-lag relationship. The empirical results show that...

The immense attention on climate change has stimulated increasing interest in carbon market and their linkages to other markets. This study mainly investigates the dynamic risk spillover relationships between the Chinese carbon and international energy markets, and the impact of extreme weather...