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Whelsy Boungou and Alhonita YATIE
''Climate change and global stock market returns''
( 2022, Vol. 42 No.4 )
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.
Keywords: Climate change, Stock returns, Google trends
JEL: G1 - General Financial Markets
F3 - International Finance: General
Manuscript Received : Sep 03 2022 Manuscript Accepted : Dec 30 2022

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