Analysis of the Informational Efficiency of the EU Carbon Emission Trading Market: Asymmetric MF-DFA Approach

Analysis of the Informational Efficiency of the EU Carbon Emission Trading Market: Asymmetric MF-DFA Approach

This study explores the degree and change of informational efficiency of the European Union (EU) carbon emission trading market using an asymmetric multifractal detrended fluctuation analysis (A-MF-DFA) method, which allows asymmetry. For this purpose, we analysed the daily price series of the Europ...

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Bibliographic Details
Main Authors: Yun-Jung Lee, Neung-Woo Kim, Ki-Hong Choi, Seong-Min Yoon
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:Energies
Subjects:
carbon emissions market
greenhouse gas
informational efficiency
asymmetry
A-MF-DFA method
Online Access:https://www.mdpi.com/1996-1073/13/9/2171

Internet

https://www.mdpi.com/1996-1073/13/9/2171

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