Carbon and safe-haven flows

نویسندگان

چکیده

<abstract> <p>This paper explores the role of European Union Allowances (EUAs) as a safe haven for range assets and analyses effect safe-haven flows on carbon futures market. In particular, we demonstrate that EUAs can be considered refuge against fluctuations in corporate bonds, gold volatility-related periods market turmoil. Furthermore, have shown extremely bearish bullish movements those which EUA acts induce excess volatility markets, higher trading volume larger than normal bid-ask spreads. These findings support idea some traders, by considering asset, into The presence these provides additional insights financialisation market.</p> </abstract>

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ژورنال

عنوان ژورنال: Green finance

سال: 2022

ISSN: ['2643-1092']

DOI: https://doi.org/10.3934/gf.2022023