Blind to carbon risk? An analysis of stock market reaction to the Paris Agreement

Published 2020 View Full Article

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Title
Blind to carbon risk? An analysis of stock market reaction to the Paris Agreement
Authors
Keywords
Asset pricing, Paris Agreement announcement, Low-carbon indices, Carbon-intensive indices, Systematic risk, Markowitz's portfolio optimization, Market model, Fama-French five-factor model, Risk-adjusted return, Stranded assets
Journal
ECOLOGICAL ECONOMICS
Volume 170, Issue -, Pages 106571
Publisher
Elsevier BV
Online
2020-01-15
DOI
10.1016/j.ecolecon.2019.106571

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