We propose and implement a method to identify shocks to transition risk. We identify transition risk shocks as … information from textual analysis of newspaper archives. We find that shocks increasing transition risk (negative abnormal returns … pronounced asymmetry in the economy's response to shocks increasing or decreasing transition risk …

We propose and implement a method to identify shocks to transition risk, addressing key challenges regarding its … risk in the United States. These shocks have important aggregate effects, also inducing financial instability. They are …

A note on the meaning of risk-neutral default probability and comments on methods for obtaining the associated credit …

We develop a structural model for pricing a defaultable bond issued by a companysubject to climate transition risk. We … assume that the magnitude of thetransition risk impacts depends on a transition scenario, which isinitially unknown but is …

analysis is enriched by including geographical, sectoral, company and ISIN-level data to assess transition risk. We find that … investment funds suffer a moderate 5.7% loss upon materialization of a high transition risk scenario. However, the risk …, convexity and volatility of individual exposures. We find that sustainable funds are less exposed to transition risk and perform …

analysis is enriched by including geographical, sectoral, company and ISIN-level data to assess transition risk. We find that … investment funds suffer a moderate 5.7% loss upon materialization of a high transition risk scenario. However, the risk …, convexity and volatility of individual exposures. We find that sustainable funds are less exposed to transition risk and perform …

We propose and implement a method to identify shocks to transition risk, addressing key challenges regarding its … risk in the United States. These shocks have important aggregate effects, also inducing financial instability. They are …