摘要
本文使用了SVAR模型(结构向量自回归)模型对于碳中和债券市场与国债市场、企业债市场、证券市场、汇率市场、能源市场进行相关性检测,脉冲响应分析结果显示碳中和债券市场主要受国债和企业债的影响。最后根据脉冲响应分析结果给出政策性建议。
This paper uses the SVAR model(structural vector autoregression)to test the correlation between the carbon neutral bond market and the national debt market,corporate debt market,securities market,exchange rate market,and energy market.The impulse response analysis results show that the carbon neutral bond market is mainly affected by national debt and corporate debt.Finally,policy suggestions are given according to the results of impulse response analysis.
作者
赵川
高广阔
Chuan Zhao;Guangkuo Gao(School of Management,Shanghai University of Technology,Shanghai,200093,China)
