Search

Content Types

Subjects

Authors

Research Themes

JEL Codes

Sources

Published After

Published Before

8735 Results

Obiageri Ndukwe

Obiageri Ndukwe is a Senior Analyst in the Financial and Enterprise Risk Department at the Bank of Canada.

Greg Adams

Research Field(s): Financial Markets

Is Climate Transition Risk Priced into Corporate Credit Risk? Evidence from Credit Default Swaps

Staff working paper 2023-38 Andrea Ugolini, Juan C. Reboredo, Javier Ojea Ferreiro
We study whether the credit derivatives of firms reflect the risk from climate transition. We find that climate transition risk has asymmetric and significant economic impacts on the credit risk of more vulnerable firms, and negligible effects on other firms.
Go To Page