Lichtenberger, Andreas; Braga, João Paulo; Semmler, Willi - In: Econometrics : open access journal 10 (2022) 1, pp. 1-31
financial market roadblocks. This paper investigates the differential bond performance of green vs non-green bonds with (1) a … aggregate green bond and corporate energy time-series indices; as well as a cross-sectional set of individual bonds issued … between 1 January 2017, and 1 October 2020. The asset pricing model demonstrates that, in the long-run, the positive …