(Phys.org) —Borrowing and lending money are essential interactions in a thriving economy, yet they come with their own set of risks. For instance, the credit money that is often involved in lending is thought to play a ...
Earth is overheating due to the greenhouse gas emissions from burning fossil fuels. This is "the biggest market failure the world has seen" according to economist Nicholas Stern. The rational behavior of companies that pollute ...
Economics & Business
Aug 18, 2023
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New research suggests that the U.S. municipal bond market systemically misprices risk, as the pricing of municipal debt does not account for local physical climate risk, but does demand larger credit spreads from communities ...
Economics & Business
Aug 9, 2023
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Carbon markets have become a critical policy tool to combat climate change. They allow firms that emit greenhouse gases to buy and sell the right to pollute, which gives the firms flexibility while also reducing carbon emissions ...
Economics & Business
May 31, 2023
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Contrary to popular belief, credit rating agencies provide more accurate, timely, conservative and informative credit ratings for higher-risk companies—a discovery that calls into question the conventional wisdom that they ...
Economics & Business
Dec 15, 2022
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Clothing retailers sell their shoppers more than jeans and sweaters.
Economics & Business
Apr 13, 2022
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The first study into the effect of COVID-19 on sovereign credit ratings found that rating agencies were slow to react to the pandemic's unprecedented economic and fiscal reverberations. The research raises questions about ...
Economics & Business
Sep 24, 2021
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Every time we fill our gas tank, fire up the furnace, ride in an airplane, or use electricity generated by oil, coal, or natural gas, we are contributing to climate change worldwide.
Environment
Feb 22, 2019
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(Phys.org) —Do companies distort their investments to influence their credit rating? A University of Michigan researcher says yes.
Economics & Business
May 9, 2014
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The recent credit crisis was preceded by a sharp increase in the transmission of information in the largest derivatives market. Such transmissions can therefore serve as indicators for the instability of the market. A team ...
Economics & Business
May 31, 2013
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