Economics at your fingertips  

How does investor attention influence the green bond market?

Linh Pham and Toan Luu Duc Huynh

Finance Research Letters, 2020, vol. 35, issue C

Abstract: This paper is the first empirical study of the link between investor attention and the green bond market performance. Using daily data of investor attention and green bond indexes, we find that investor attention can influence green bond returns and volatility, however, this relationship is time varying. Our results are relevant for investors as they shed light into the newly developed and fast growing green bond market. Our findings also emphasize the importance of appropriate information and attention for directing financial flows towards sustainable investment.

Keywords: Green bond; Investor attention; Sustainable finance; Climate finance (search for similar items in EconPapers)
JEL-codes: G40 Q50 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-06-24
Handle: RePEc:eee:finlet:v:35:y:2020:i:c:s1544612319314904