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Climate change and global stock market returns

Author

Listed:
  • Whelsy Boungou

    (Paris School of Business)

  • Alhonita YATIE

    (Bordeaux Sciences Economiques)

Abstract

To the question of whether global stock market indices are sensitive to climate change, the answer is “Yes”. Using weekly data from the stock market returns of 97 countries over the period from 31 August 2020 to 18 April 2022, we document a significant negative impact of climate change on the performance of global stock indices.

Suggested Citation

  • Whelsy Boungou & Alhonita YATIE, 2022. "Climate change and global stock market returns," Economics Bulletin, AccessEcon, vol. 42(4), pages 1888-1900.
    • Handle: RePEc:ebl:ecbull:eb-22-00656
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Climate change; Stock returns; Google trends;
    All these keywords.

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • F3 - International Economics - - International Finance

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    Access and download statistics

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