How does investor attention influence the green bond market?
By L. Pham, Toan Luu Duc Huynh. 2020
192 citations recorded by the source corpus.
Abstract This paper is the first empirical study of the link between investor attention and the green bond market performance. Using daily data of investor attention and green bond indexes, we find that investor attention can influence green bond returns and volatility, however, this relationship is time varying. Our results are relevant for investors as they shed light into the newly developed and fast growing green bond market. Our findings also emphasize the importance of appropriate information and attention for directing financial flows towards sustainable investment.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/86657925bca357c84788ed9639bb107f9dadfeb7
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In Economics and Econometrics
In Finance
Citations in the corpus
- Frequency connectedness and cross-quantile dependence between green bond and green equity markets (2021, background): “Broadstock & Cheng (2019) and Pham & Huynh (2020) investigate the role of investor attentition on green bond market performance.”