This paper contributes to the existing literature by investigating impacts of crude oil price shocks on financial markets through an examination effect issuance corporate green bonds. Green bond has been growing fast over past several years; despite this, share bonds in total remains less than 1%. Using multilevel models, this study investigates flow oil-supply, oil-demand, and speculative oil-...

This article studies U.S. monthly inflation, inflation growth, and price level dynamics from January 1967 to September 2005. Two rolling samples are constructed to recover evidence about instability in inflation, inflation growth, and price level persistence and volatility. Evidence is presented that changes in inflation, inflation growth, and price level persistence and volatility coincide wit...