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...
| 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 |
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