New at JIE: "Climate change-related regulatory risks and bank lending" by Isabella Mueller (@ib_mueller), Eleonora Sfrappini (@Esfrappini)
https://t.co/MMsKm8BgmM
"Banks may manage climate transition risk by selling off brown loans to less regulated shadow entities."
Dr Trang Nguyen, published their research on Loan securitisation during the transition to a low-carbon economy.
Read more here 👉https://t.co/nGn4g1CeVq
Banks use loan securitisation to transfer climate transition risk to less-regulated shadow banking entities, affecting carbon premia in loan contracts & climate policy effectiveness
I Mueller @DIWECON, H Nguyen @UniJena@IWH_Halle, T Nguyen @BristolUniEcon
https://t.co/ueKmHBTP9m
Banks may manage climate transition risk by selling off brown loans to less regulated shadow entities. Curious about what would be the implications? Check out our @voxeu column with @ib_mueller and @trang_nln. Full paper can be accessed at @SSRN https://t.co/2ArWxMmFtQ
My paper with @ib_mueller on bank lending and firms' exposure to climate change related regulatory risk is out as an ECB working paper! Any feedback is very welcome. @IWH_Halle