Do Banks Price Environmental Transition Risks? : Evidence from a Quasi-Natural Experiment in a Chinese Province /

This paper assesses the financial risks arising from transition toward a low-emission economy. The environmental DSGE model shows tightening environmental regulation impairs firms' balance sheets, and consequently threatens financial stability in the short term. The empirical analysis indicates...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Huang, Bihong
अन्य लेखक: Punzi, Maria Teresa, Wu, Yu
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2021.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2021/228
विषय:
ऑनलाइन पहुंच:Full text available on IMF

समान संसाधन