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Energy markets and green bonds: A tail dependence analysis with time-varying optimal copulas and portfolio implications

Resources Policy, 2021
We examine the asymmetric and extreme tail dependence between five energy markets (crude oil, natural gas, heating oil, gasoline, and coal) and green bonds using a time-varying optimal copula (TVOC) model.
M. Naeem   +4 more
semanticscholar   +3 more sources

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