| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28226 |
| 来源ID | Working Paper 28226 |
| Climate Finance | |
| Stefano Giglio; Bryan T. Kelly; Johannes Stroebel | |
| 发表日期 | 2020-12-21 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We review the literature studying interactions between climate change and financial markets. We first discuss various approaches to incorporating climate risk in macro-finance models. We then review the empirical literature that explores the pricing of climate risks across a large number of asset classes including real estate, equities, and fixed income securities. In this context, we also discuss how investors can use these assets to construct portfolios that hedge against climate risk. We conclude by proposing several promising directions for future research in climate finance. |
| 主题 | Financial Economics |
| URL | https://www.nber.org/papers/w28226 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585900 |
| 推荐引用方式 GB/T 7714 | Stefano Giglio,Bryan T. Kelly,Johannes Stroebel. Climate Finance. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28226.pdf（586KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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