top of page
  • Photo du rédacteurHélène Dufour

Climate Risk Contagion of U.S. Banks

"We examine the impact of the U.S. withdrawal from the #parisagreement on the relationship between #climaterisk and #systemicrisk of #us #globalbanking. We find that after 2017, investors stopped pricing climate risk into U.S. systemic risk directly, consistent with domestic investors expecting climate risk #deregulation. However, climate risk still indirectly impacts the U.S. systemic risk through the internal capital markets of U.S. #global #banks operating abroad."

0 vue0 commentaire

Posts récents

Voir tout
bottom of page