Search
Search Results
-
Can Sovereign Green Bonds Accelerate the Transition to Net-Zero Greenhouse Gas Emissions?
This paper focuses on sovereign green bonds issued in Europe. By issuing green bonds, European governments commit themselves to realizing...
-
When firms buy corporate bonds: an agent-based approach to credit within firms
Recent trends in the market for corporate bonds -such as its increase in size, the significant presence of low-quality debt instruments and the...
-
Do Sovereign Catastrophe Bonds Improve Fiscal Resilience? An Application of Synthetic Control Method to Mexico
Natural disasters exert a significant impact on government finances. Catastrophe bonds (CAT bonds) constitute risk-transfer instruments that could...
-
An Analysis of the Sustainability Issues of U.S. Treasury Bonds—A Study Based on the Vector Error Correction Model and Trend Forecasting
Based on the fiscal and economic data of the United States from 1962 to 2022, this paper first studies and analyzes the long-term equilibrium...
-
Purchase of government bonds by a supranational central bank: its impact on business cycles
The euro area emerged from the euro crisis without meeting the conditions presented by the theory of optimum currency area. The decisive policy that...
-
Certification against greenwashing in nascent bond markets: lessons from African ESG bonds
Africa is one of the most vulnerable continents to climate change. Climate and sustainability-linked bonds can provide funding to African governments...
-
An overview of green, social, sustainability, and sustainability-linked (GSSS) bonds
The earth has witnessed a tremendous change concerning climate and the associated risks. In a move for a greener and climate-resilient economy,...
-
The stability of government bond markets’ equilibrium and the interdependence of lending rates
In this paper, we introduce test procedures for no fractional cointegration against possible breaks to a fractional cointegrating relationship in a...
-
Size and liquidity of government securities in India
The study examines the role of enhancing the supply of securities to attain a certain size to influence liquidity of government securities. Using the...
-
Pollution control bonds and overinvestment in utility companies: Does ownership matter?
This study investigates whether pollution control bonds (PCB) affect overinvestment in utilityfirms and whether public ownership moderates this...
-
Social bonds and the “social premium”
Social bonds (SB) have witnessed an unprecedented increase especially since the outburst of the Covid-19 pandemic, but their performance vs....
-
Does the issuance of green bonds nudge environmental responsibility engagements? Evidence from the Chinese green bond market
Policymakers and managers have increasingly adopted green bonds as a direct financing tool to address environmental degradation and climate change in...
-
Social Investment Bonds
“Success is not measured by how much money you make, but by the impact you have on people’s lives”, Michelle Obama (Democratic Conference, September...
-
When does government debt make people happier? Evidence from panel data of 125 countries
This study utilizes panel data from 125 countries spanning 2005–2015 to empirically examine the impact of government debt on country-level subjective...
-
The Government Spending Multiplier in the Presence of the Informal Sector
In a small open economy framework that features properties of the informal sector, I examine the relationship between this sector and the size of the...
-
Assessment of environmental tax and green bonds impacts on energy efficiency in the European Union
Owing to the increased greenhouse gas emissions and threat of environmental pollution, scholars have drawn attention to the issue of energy...
-
Convergence behavior of sovereign bond yields in the EU and COVID-19 government responses
This paper aims to investigate the convergence pattern of sovereign bond yields in European Union (EU) countries during the Covid-19 pandemic. To...
-
The changing role of government in Indian agriculture
This lecture looks at the role of the Government in agricultural development in India in different periods, from independence to the period of...
-
Development impact bonds in develo** countries: an emerging innovation for achieving social outcomes
This research focuses on the development of impact bonds (DIBs), a newly emerging alternative financial innovative product for financing social...
-
The long-run effects of government expenditure on private investments: a panel CS-ARDL approach
We re-explore the link between government expenditure and private investments within a modern econometric framework. Performing a dynamic analysis on...