The changing value of the ‘green’ label on the US municipal bond market
By A. Karpf, Antoine Mandel. Nature Climate Change, 2018
279 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance, Political Science and International Relations
View Paper: https://www.semanticscholar.org/paper/fbd4a9314be6867de5672a0f448a95ef7cfeb2fd
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Citations in the corpus
- Financing environmentally-sustainable projects with green bonds (2019, background): “Overall, empirical analyses (Ehlers andPacker, 2017; Zerbib, 2017; Clapp, 2018; Flammer, 2018; Karpf and Mandel, 2018; Reboredo, 2018) have often found evidence of a ‘greenium’, that is, a discount that makes green bonds funded cheaper than other bonds from the same issuer.”
- The pricing of green bonds: Are financial institutions special? (2019, unknown): “Focusing on a large sample of US municipalities, Karpf and Mandel (2018) document a green bond discount on secondary market yields.”
- Green bonds as a tool against climate change? (2021, unknown): “2021;30:2688–2701.wileyonlinelibrary.com/journal/bse focuses primarily on pricing in the market for municipal (and sovereign) securities (Baker et al., 2018; Karpf & Mandel, 2018).”