详情页

Climate policy uncertainty and stock market volatility: Evidence from different sectors

Lv, Wendai Li, Bin

Lv, WD (通讯作者)，Beijing Univ Chem Technol, Beijing, Peoples R China.

2023-1

This paper mainly investigates whether the climate policy uncertainty index (CPU) can predict the volatility of Chinese stock market volatility considering different sectors. Out-of-sample re-sults show that climate policy uncertainty index can have a greater effect on the utility sector. We also investigate the effects of CPU based on longer horizons, different volatility levels and the COVID-19 pandemic. This paper tries to provide new evidence based on sector stock indices.

FINANCE RESEARCH LETTERS

卷号：51

ISSN：1544-6123|收录类别：SSCI

语种

英语

来源机构

Beijing University of Chemical Technology; Beijing Institute of Technology; Beijing University of Chemical Technology

资助信息

The research is supported by The National Natural Science Foundation of China (71672009, 71972011) , The Fundamental Research Funds for the Central Universities of China (buctrc202224) .

被引频次（WOS）

被引频次（其他）

180天使用计数

2013以来使用计数

EISSN

1544-6131

出版年

2023-1

DOI

10.1016/j.frl.2022.103506

WOS学科分类

Business, Finance

学科领域

循证经济学

关键词

Climate policy uncertainty Stock market volatility COVID-19 pandemic Long horizons

资助机构

National Natural Science Foundation of China(National Natural Science Foundation of China (NSFC)) Fundamental Research Funds for the Central Universities of China(Fundamental Research Funds for the Central Universities)

Climate policy uncertainty and stock market volatility: Evidence from different sectors

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