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The heterogeneous response of the stock market to emission allowance price: evidence from quantile regression
16 references·0 citing·44 second hop
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A systematic analysis of spillovers and dynamics (2020)Dissecting climate risks: Are they reflected in stock prices? (2023)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Generalized autoregressive conditional heteroskedasticity (1986)Energy prices, volatility, and the stock market: Evidence from the Eurozone (2009)A model of carbon price interactions with macroeconomic and energy dynamics (2011)How does carbon emission price stimulate enterprises' total factor productivity? Insights from China's emission trading scheme pilots (2022)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)
this work references cited by second hop

References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1965The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets7,600 cited
  • 1994Macroeconomic Responses to Oil Price Increases and Decreases in Seven OECD Countries590 cited
  • 2015Carbon emissions and stock returns: Evidence from the EU Emissions Trading Scheme471 cited
  • 2010Robust penalized quantile regression estimation for panel data393 cited
  • 2007European Emission Trading Scheme and competitiveness: A case study on the iron and steel industry369 cited
  • 2008EU Emission Allowances and the Stock Market: Evidence from the Electricity Industry279 cited
  • 2013Profiting from Regulation: Evidence from the European Carbon Market198 cited
  • 2009Capital market response to emission rights returns: Evidence from the European power sector178 cited
  • 2012Oil price movements and stock markets revisited: A case of sector stock price indexes in the G-7 countries169 cited
  • 2007First evidence of asymmetric cost pass-through of EU emissions allowances: Examining wholesale electricity prices in Germany156 cited
  • 2010Impacts of alternative emissions allowance allocation methods under a federal cap-and-trade program139 cited
  • 2013

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Oil price risk in the Spanish stock market: An industry perspective
131 cited
  • 2013Oil price asymmetric effects: Answering the puzzle in international stock markets109 cited
  • 2012Cross dynamics of oil-stock interactions: A redundant wavelet analysis103 cited
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