Heterogeneous Dependence Between Green Finance and Cryptocurrency Markets: New Insights from Time-Frequency Analysis
Mau Ba Dang Nguyen
Abstract:Green finance is becoming more and more important as a way to fund environmentally friendly initiatives and lower carbon emissions. Green bonds have emerged as a significant financing tool in this context, and it is critical to understand how they interact with other components of the finance ecosystem, such as cryptocurrency and carbon markets, particularly during recent crises such as the COVID-19 outbreak and the Ukraine invasion. This study aims to empirically investigate the lead-lag associations between … Show more
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