Price discovery of climate risk and green bonds: A dynamic information leadership share approach

This study investigates the price discovery of a novel stock market climate risk indicator, measured by the Morgan Stanley Capital International Climate Change Index (MSCI CCI) and global green bond indices. A time-varying information leadership share (ILS) measure assesses dynamic price discovery p...

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Bibliographic Details
Main Authors: Hou, Y., Xu, D., Oxley, Leslie, Goodell, J.W.
Format: Journal Article
Published: 2024
Online Access:http://hdl.handle.net/20.500.11937/97484