Carbon and safe-haven flows

This paper explores the role of European Union Allowances (EUAs) as a safe haven for a range of assets and analyses the effect of safe-haven flows on the European carbon futures market. In particular, we demonstrate that EUAs can be considered a refuge against fluctuations in corporate bonds, gold a...

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Bibliographic Details
Main Authors: Fernando Palao, Ángel Pardo
Format: Article
Language:English
Published: AIMS Press 2022-12-01
Series:Green Finance
Subjects:
Online Access:https://www.aimspress.com/article/doi/10.3934/GF.2022023?viewType=HTML