Abstract
We investigate how the volatility of carbon emission allowance (EUA) prices affects European stock market sectors. We employ a connectedness network analysis on prices of EUA futures and FTSE stock market sector indices and find that the EUA is mostly a net receiver of volatility connectedness and significantly receives volatility across most sectors during the recent European energy crisis.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
