IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v61y2025i1p142-153.html
   My bibliography  Save this article

Does Climate Policy Uncertainty Affect Bank Systemic Risk?- Empirical Evidence from China

Author

Listed:
  • Chenyao Zhang
  • Xiaoxing Liu
  • Guangyi Yang

Abstract

This study explores the impact of climate policy uncertainty (CPU) on the systemic risk of Chinese listed banks. We calculate China’s CPU index from 2010 to 2022 through text analysis of newspaper articles. Using data from 42 listed banks, we document that CPU increases bank systemic risk and this impact is heterogeneous. Moreover, external shocks exacerbate the impact, while robust internal indicators and strong financial regulation reduce it. Further analysis indicates that this effect is nonlinear. This study provides several new aspects to enrich the understanding of this impact, thereby providing more comprehensive ideas for policymakers to ensure bank stability.

Suggested Citation

  • Chenyao Zhang & Xiaoxing Liu & Guangyi Yang, 2025. "Does Climate Policy Uncertainty Affect Bank Systemic Risk?- Empirical Evidence from China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 61(1), pages 142-153, January.
    • Handle: RePEc:mes:emfitr:v:61:y:2025:i:1:p:142-153
    DOI: 10.1080/1540496X.2024.2379461
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2024.2379461
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2024.2379461?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:61:y:2025:i:1:p:142-153. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.