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dc.creatorAdekoya, O.B. (Oluwasegun B.)-
dc.creatorAikins-Abakah, E.J. (Emmanuel Joel)-
dc.creatorOliyide, J.A. (Johnson A.)-
dc.creatorGil-Alana, L.A. (Luis A.)-
dc.date.accessioned2023-11-21T13:30:20Z-
dc.date.available2023-11-21T13:30:20Z-
dc.date.issued2023-
dc.identifier.citationAdekoya, O.B. (Oluwasegun B.); Aikins-Abakah, E.J. (Emmanuel Joel); Oliyide, J.A. (Johnson A.); et al. "Factors behind the performance of green bond markets". International Review of Economics & Finance. 88, 2023, 92 - 106es_ES
dc.identifier.issn1873-8036-
dc.identifier.urihttps://hdl.handle.net/10171/67933-
dc.description.abstractThe market for green bonds has grown dramatically over the past several years, necessitating an understanding of the variables that might forecast its performance. Studies on how the green bond market interacts with other markets are widely discussed in the literature, but little is known about the variables that improve predictions of green bond returns. In this study, we use data on commodity and financial asset prices, as well as speculative factors, to predict the returns on green bonds using the Feasible Quasi-Generalized Least Squares (FQGLS) and the causality-in-quantiles estimators. The findings demonstrate that most factors are significant predictors of the returns on green bonds, with speculative factors having a detrimental predictive influence, and commodity and financial asset prices having a mixed predictive impact. When asymmetries are taken into account, the asymmetric predictive model performs better at predicting the returns on green bonds than its symmetric counterpart in most instances. Finally, all the factors, except investors' sentiment, affect the returns on green bonds in a variety of market situations. The interdependence among the global financial and commodity markets, as well as economic uncertainties justify the established predictive influence, since green bonds are a component of the broader investment bonds.es_ES
dc.language.isoenges_ES
dc.publisherElsevieres_ES
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.subjectGreen bondes_ES
dc.subjectCommoditieses_ES
dc.subjectFinancialses_ES
dc.subjectUncertaintieses_ES
dc.subjectPredictabilityes_ES
dc.titleFactors behind the performance of green bond marketses_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.description.noteThis is an open access article under the CC BY licensees_ES
dc.identifier.doi10.1016/j.iref.2023.06.015-
dadun.citation.endingPage106es_ES
dadun.citation.publicationNameInternational Review of Economics & Financees_ES
dadun.citation.startingPage92es_ES
dadun.citation.volume88es_ES

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