Results 1 to 10 of about 83,233 (46)

Active Ownership

open access: yesSustainable Investing, 2021
We analyze an extensive proprietary database of corporate social responsibility engagements with U.S. public companies from 1999–2009. Engagements address environmental, social, and governance concerns.
Hanna Silvola, Tiina Landau
semanticscholar   +1 more source

Carbon Taxes and the Geography of Fossil Lending

open access: yesSocial Science Research Network, 2023
Using data on syndicated loans, we find t hat t he i ntroduction o f a c arbon t ax is associated with an increase in domestic banks’ lending to coal, oil, and gas companies in foreign countries.
L. Laeven, A. Popov
semanticscholar   +1 more source

Blockchain Analysis of the Bitcoin Market

open access: yesSocial Science Research Network, 2021
In this paper, we provide detailed analyses of the Bitcoin network and its main participants. We build a novel database using a large number of public and proprietary sources to link Bitcoin addresses to real entities and develop an extensive suite of ...
I. Makarov, A. Schoar
semanticscholar   +1 more source

Internationalizing Like China

open access: yesSocial Science Research Network, 2022
We empirically characterize how China is internationalizing its bond market by staggering the entry of different types of foreign investors into its domestic market and propose a dynamic reputation model to explain this strategy.
C. Clayton   +3 more
semanticscholar   +1 more source

Self-Fulfilling Debt Crises: A Quantitative Analysis

open access: yesThe American Economic Review, 2019
This paper investigates the role of self-fulfilling expectations in sovereign bond markets. We consider a model of sovereign borrowing featuring endogenous debt maturity, risk-averse lenders, and self-fulfilling crises à la Cole and Kehoe (2000). In this
Luigi Bocola, Alessandro Dovis
semanticscholar   +1 more source

Global Political Uncertainty and Asset Prices

open access: yesThe Review of financial studies, 2019
We show that global political uncertainty, measured by the U.S. election cycle, on average, leads to a fall in equity returns in fifty non-U.S. countries.
Jonathan Brogaard   +3 more
semanticscholar   +1 more source

The Flight to Safety and International Risk Sharing

open access: yesSocial Science Research Network, 2021
We study a business cycle model of the international monetary system featuring a time-varying demand for safe dollar bonds, greater risk-bearing capacity in the United States than the rest of the world, and nominal rigidities.
Rohan Kekre, M. Lenel
semanticscholar   +1 more source

Economic Policy Uncertainty in China and Bitcoin Returns: Evidence From the COVID-19 Period

open access: yesFrontiers in Public Health, 2021
This paper analyses the effects of the Chinese Economic Policy Uncertainty (CEPU) index on the daily returns of Bitcoin for the period from December 31, 2019 to May 20, 2020.
Tiejun Chen   +3 more
semanticscholar   +1 more source

Impact of Investor Sentiment on Contemporaneous and Future Equity Returns in Emerging Markets

open access: yesSAGE Open, 2023
The study is aimed to investigate the impact of investor sentiment on returns of selected emerging equity markets i.e., Brazil, India, China, Russia, Indonesia, and Pakistan using non-linear predictive regression analysis. Principal Component Analysis is
Rameeza Andleeb, Arshad Hassan
semanticscholar   +1 more source

A Multi-Currency Exchange and Contracting Platform

open access: yesIMF Working Papers, 2022
Cross-border payments can be slow, expensive, and risky. They are intermediated by counterparties in different jurisdictions which rely on costly trusted relationships to offset the lack of a common settlement asset as well as common rules and governance.
R. Townsend   +4 more
semanticscholar   +1 more source

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