This article reviews how climate change could be considered an additional source of market
risk. I discuss the types of data needed to analyse the climate risk drivers that shape the …

Cities have grown rapidly—while they provide opportunities for many, they must also
confront pervasive and rising inequality, unsustainable consumption, and growing …

Do banks price the risks of climate policy change? Combining syndicated loan data with
carbon intensity data (CO 2 emissions relative to revenue) of borrowers across a wide range …

We document that localized policies aimed at mitigating climate risk can have unintended
consequences due to regulatory arbitrage by firms. Using a difference-in-differences …

Startups in the Brazilian organizational scenario have been growing fast and understanding
these startups' internationalization strategies have been highly relevant. Such startups have …

Green bonds are debt instruments whose proceeds finance projects with various
environmental benefits-including climate change mitigation. So far, however, green bond …

We investigate whether and how the environmental consciousness (greenness for short) of
firms and banks is reflected in the pricing of bank credit. Using a large international sample …

The number of US publicly traded firms has halved in 20 years. How will this shift in
ownership structure affect the economy's externalities? Using comprehensive data on …

When do multinational corporations (MNCs) derive the most from internalizing the transfer of
proprietary technological knowhow? We revisit this question, which lies at the core of …

Resolving the conflict between economic growth and CO 2 reduction is critical for
sustainable growth. Increasing integration into global value chains (GVCs) is an inevitable …