Price bubbles in Beijing carbon market and environmental policy announcement
(2021)
Journal Article
Lu, M., Wang, X., & Speeckaert, R. (2023). Price bubbles in Beijing carbon market and environmental policy announcement. Communications in Statistics - Simulation and Computation, 52(3), 884-897. https://doi.org/10.1080/03610918.2020.1870696
This paper examines price bubbles in the relatively new carbon emission trading scheme of Beijing carbon market by employing a recently proposed econometric test which can stamp the occurrence and burst of financial bubbles. We find multiple bubbles... Read More about Price bubbles in Beijing carbon market and environmental policy announcement.