Details about Carlos Esparcia

Access statistics for papers by Carlos Esparcia.

Last updated 2026-08-23. Update your information in the RePEc Author Service.

Short-id: pes237

Working Papers

2026

1. On the Carbon Footprint of Economic Research in the Age of Generative AI
   Papers, arXiv.org

Journal Articles

2026

1. Considering the interaction between carbon allowances and cryptocurrencies across time and frequencies: Potential risk-return and environmental benefits
   Innovation and Green Development, 2026, 5, (1)

2025

2. Cross-border ESG rating dynamics: An in-depth connectedness analysis of portfolio returns and volatilities in the USA and Canada
   The North American Journal of Economics and Finance, 2025, 75, (PA) View citations (3)
3. Exploring the interplay between eurozone electricity sector stocks, real interest rates and inflation expectations
   International Review of Economics & Finance, 2025, 101, (C)
4. Private equity market dynamics: Beyond the surface
   International Review of Economics & Finance, 2025, 100, (C)

2024

5. Assessing the crypto market stability after the FTX collapse: A study of high frequency volatility and connectedness
   International Review of Financial Analysis, 2024, 94, (C) View citations (8)
6. Connectedness between oil price shocks and US sector returns: Evidence from TVP-VAR and wavelet decomposition
   Energy Economics, 2024, 131, (C) View citations (22)
7. Dynamic DeFi-G7 stock markets interactions and their potential role in diversifying and hedging strategies
   Financial Innovation, 2024, 10, (1), 1-26 View citations (1)
8. ESG rating changes and portfolio returns: A wavelet analysis across market caps
   Finance Research Letters, 2024, 63, (C) View citations (12)
9. Performance of crypto-Forex portfolios based on intraday data
   Research in International Business and Finance, 2024, 69, (C) View citations (3)
10. Portfolio management of ESG-labeled energy companies based on PTV and ESG factors
    Energy Economics, 2024, 134, (C) View citations (3)
11. Risk exposure in ESG-driven portfolios: A wavelet study within the tail-concerned insurance sector
    Finance Research Letters, 2024, 67, (PB) View citations (3)
12. Sustainable risk preferences on asset allocation: a higher order optimal portfolio study
    Journal of Behavioral and Experimental Finance, 2024, 41, (C) View citations (4)
13. The football world upside down: Traditional equities as an alternative for the new fan tokens? A portfolio optimization study
    Research in International Business and Finance, 2024, 71, (C) View citations (5)
14. The green, the dirty and the stable: Diversifying equity portfolios by adding tokens of different nature
    The North American Journal of Economics and Finance, 2024, 69, (PB) View citations (6)

2023

15. Did cryptomarket chaos unleash Silvergate's bankruptcy? investigating the high-frequency volatility and connectedness behind the collapse
    Journal of International Financial Markets, Institutions and Money, 2023, 89, (C) View citations (7)
16. How important is green awareness in energy investment decisions? An environmentally-based rebalancing portfolio study
    Energy Economics, 2023, 128, (C) View citations (10)
17. Shock transmission between crude oil prices and stock markets
    Resources Policy, 2023, 83, (C) View citations (13)
18. Stablecoins as a tool to mitigate the downside risk of cryptocurrency portfolios
    The North American Journal of Economics and Finance, 2023, 64, (C) View citations (24)
19. Unveiling the diversification capabilities of carbon markets in NFT portfolios
    Finance Research Letters, 2023, 58, (PD) View citations (2)

2022

20. Revisiting the safe haven role of Gold across time and frequencies during the COVID-19 pandemic
    The North American Journal of Economics and Finance, 2022, 61, (C) View citations (27)
21. Spillovers between sovereign yield curve components and oil price shocks
    Energy Economics, 2022, 109, (C) View citations (20)
22. Tail connectedness between lending/borrowing tokens and commercial bank stocks
    International Review of Financial Analysis, 2022, 84, (C) View citations (32)
23. The diversifying role of socially responsible investments during the COVID-19 crisis: A risk management and portfolio performance analysis
    Economic Analysis and Policy, 2022, 75, (C), 39-60 View citations (23)
24. The impact of COVID-19 induced panic on stock market returns: A two-year experience
    Economic Analysis and Policy, 2022, 76, (C), 1075-1097 View citations (7)

2021

25. Analysis of the performance of volatility-based trading strategies on scheduled news announcement days: An international equity market perspective
    International Review of Economics & Finance, 2021, 71, (C), 32-54 View citations (2)
26. Dynamic optimal portfolio choice under time-varying risk aversion
    International Economics, 2021, 166, (C), 1-22 View citations (2)
    Also in International Economics, 2021, (166), 1-22 (2021) View citations (2)

2020

27. Volatility Timing: Pricing Barrier Options on DAX XETRA Index
    Mathematics, 2020, 8, (5), 1-25

Chapters

2022

1. The Role of Stablecoins: Cryptocurrencies Sought Stability and Found Gold and Dollars
   Springer

2018

2. The Influence of Dynamic Risk Aversion in the Optimal Portfolio Context
   Springer