Research on the Correlation of Green Bond Market
- https://doi.org/10.2991/aebmr.k.220307.350How to use a DOI?
- green bond; bond market; carbon-neutral bond; linkage effect; spillover effects
Green bonds are of great help to promoting the growth of a sustainable economy. This paper critically reviews the burgeoning literature relevant to the linkage between the green bond market and other financial markets. This paper’s review introduces the linkage between the green bond market and ordinary bond market as well as the stock market. This paper critically reviews the content (both in methods and findings) of around 50 articles published in recent two decades. Our analysis illustrates that this paper sees a positive relationship between the green bond market and other markets through GARCH models and MF-DCCA models. this paper concludes with suggestions as well as the outlook for the green bond market for the future. This paper gives suggestions on how investors make better investment decisions with the green bond market considering the interactivity in the whole financial market as well as using some quantitative analysis tools like the average risk spillover level.
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Junru Wang AU - Weiyi Zhang AU - Wenye Zhao PY - 2022 DA - 2022/03/26 TI - Research on the Correlation of Green Bond Market BT - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) PB - Atlantis Press SP - 2134 EP - 2139 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220307.350 DO - https://doi.org/10.2991/aebmr.k.220307.350 ID - Wang2022 ER -