Global climate policy uncertainty and carbon market volatility: Aggravating or mitigating across market conditions?

C-Tier
Journal: Economics Letters
Year: 2025
Volume: 254
Issue: C

Authors (3)

Xiao, Jihong (not in RePEc) Wang, Yudong (Nanjing University of Science) Wen, Danyan (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

Using quantile regression, this paper finds that lagged changes in global climate policy uncertainty (GCPU) reduce carbon market volatility during market turmoil. This mitigating effect surpasses that of the US CPU and is amplified by financial market fear.

Technical Details

RePEc Handle
repec:eee:ecolet:v:254:y:2025:i:c:s0165176525002782
Journal Field
General
Author Count
3
Added to Database
2026-01-29