Direkt zur Hauptnavigation springen Direkt zum Inhalt springen
info(at)avldigital.remove-this.de
Deutsch English
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 12 von 12.

  1. A taxonomy of sustainable finance taxonomies
    Autor*in: Ehlers, Torsten; Gao, Diwen (Nicole); Packer, Frank
    Erschienen: October 2021
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Sustainable finance taxonomies can play an important role in scaling up sustainable finance and, in turn, in supporting the achievement of high-level goals such as the Paris Accord and the UN sustainable development goals. This paper develops a... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 579
    Fernleihe:
    keine Fernleihe

     

    Sustainable finance taxonomies can play an important role in scaling up sustainable finance and, in turn, in supporting the achievement of high-level goals such as the Paris Accord and the UN sustainable development goals. This paper develops a framework to classify and compare existing taxonomies. Several weaknesses emerge from this classification and comparison, including the lack of usage of relevant and measurable sustainability performance indicators, a lack of granularity and lack of verification of achieved sustainability benefits. On this basis, the paper proposes key principles for the design of effective taxonomies. The principles are then employed to develop a simple framework for transition taxonomies. The key policy messages of the analysis are: (i) Endeavor that taxonomies correspond to specific sustainability objectives; (ii) Encourage the development of transition taxonomies and focus alignment with the objectives of the Paris Agreement; (iii) Monitor and supervise the evolution of certification and verification processes; and (iv) Shift to mandatory impact reporting for green bonds.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789292595128
    Schriftenreihe: BIS papers ; no 118
    Schlagworte: green finance; sustainable finance; taxonomies; transition risk; Paris accord; greenwashing; certification; verification
    Umfang: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  2. Non-US global banks and dollar (co-)dependence
    how housing markets became internationally synchronized
    Autor*in: Ehlers, Torsten; Hoffmann, Mathias; Raabe, Alexander
    Erschienen: 2020
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 546
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: BIS working papers ; no 897 (October 2020)
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  3. Non-US global banks and dollar (co-)dependence
    how housing markets became internationally synchronized
    Autor*in: Ehlers, Torsten; Hoffmann, Mathias; Raabe, Alexander
    Erschienen: October 2020
    Verlag:  Graduate Institute of International and Development Studies, International Economics Department, Geneva, Switzerland

    US net capital inows drive the international synchronization of house price growth. An increase (decrease) in US net capital inows improves (tightens) US dollar funding conditions for non-US global banks, leading them to increase (decrease) foreign... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 272
    Fernleihe:
    keine Fernleihe

     

    US net capital inows drive the international synchronization of house price growth. An increase (decrease) in US net capital inows improves (tightens) US dollar funding conditions for non-US global banks, leading them to increase (decrease) foreign lending to third-party borrowing countries. This induces a synchronization of lending across borrowing countries, which translates into an international synchronization of mortgage credit growth and, ultimately, house price growth. Importantly, this synchronization is driven by non-US global banks’ common but heterogenous exposure to US dollar funding conditions, not by the common exposure of borrowing countries to non-US global banks. Our results identify a novel channel of international transmission of US dollar funding conditions: As these conditions vary over time, borrowing country pairs whose non-US global creditor banks are more dependent on US dollar funding exhibit higher house price synchronization.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/238091
    Schriftenreihe: Working paper series / Graduate Institute of International and Development Studies, International Economics Department ; no. HEIDWP2020, 18
    Schlagworte: house price synchronization; US dollar funding; global US dollar cycle; global imbalances; capital inows; global banks; global banking network
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  4. Non-US global banks and dollar (co-)dependence: how housing markets became internationally synchronized
    Autor*in: Ehlers, Torsten; Hoffmann, Mathias; Raabe, Alexander
    Erschienen: December 2020
    Verlag:  University of Zurich, Department of Economics, Zurich

    US net capital inflows drive the international synchronization of house price growth. An increase (decrease) in US net capital inflows improves (tightens) US dollar funding conditions for non-US global banks, leading them to increase (decrease)... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 191
    Fernleihe:
    keine Fernleihe

     

    US net capital inflows drive the international synchronization of house price growth. An increase (decrease) in US net capital inflows improves (tightens) US dollar funding conditions for non-US global banks, leading them to increase (decrease) foreign lending to third-party borrowing countries. This induces a synchronization of lending across borrowing countries, which translates into an international synchronization of mortgage credit growth and, ultimately, house price growth. Importantly, this synchronization is driven by non-US global banks' common but heterogenous exposure to US dollar funding conditions, not by the common exposure of borrowing countries to non-US global banks. Our results identify a novel channel of international transmission of US dollar funding conditions: As these conditions vary over time, borrowing country pairs whose non-US global creditor banks are more dependent on US dollar funding exhibit higher house price synchronization.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/228876
    Schriftenreihe: Working paper series / University of Zurich, Department of Economics ; no. 374
    Schlagworte: House price synchronization; US dollar funding; global US dollar cycle; global imbalances; capital inflows; global banks; global banking network
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  5. The pricing of carbon risk in syndicated loans: which risks are priced and why?
    Autor*in: Ehlers, Torsten; Packer, Frank; Greiff, Kathrin de
    Erschienen: 2021
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 546
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: BIS working papers ; no 946 (June 2021)
    Schlagworte: environmental policy; climate policy risk; transition risk; loan pricing
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  6. Deconstructing ESG scores
    how to invest with your own criteria
    Autor*in: Ehlers, Torsten; Elsenhuber, Ulrike; Jegarasasingam, Anandakumar; Jondeau, Eric
    Erschienen: March 2022
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 546
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: BIS working papers ; no 1008
    Schlagworte: sustainable investment; ESG ratings; ESG investing; negative screening; best-in-class screening
    Umfang: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  7. Deconstructing ESG scores: how to invest with your own criteria
    Autor*in: Ehlers, Torsten; Elsenhuber, Ulrike; Jegarasasingam, Anandakumar; Jondeau, Eric
    Erschienen: [2022]
    Verlag:  Swiss Finance Institute, Geneva

    Environmental, Social, and Governance (ESG) scores are the main tool for asset managers in designing and implementing ESG investment strategies. They amalgamate a broad range of fundamentally different factors, creating ambiguity for investors as to... mehr

    Zugang:
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Fernleihe:
    keine Fernleihe

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 544
    Fernleihe:
    keine Fernleihe

     

    Environmental, Social, and Governance (ESG) scores are the main tool for asset managers in designing and implementing ESG investment strategies. They amalgamate a broad range of fundamentally different factors, creating ambiguity for investors as to the signals of higher or lower ESG scores. We explore the feasibility and performance of more targeted investment strategies based on specific categories by deconstructing ESG scores into their granular components. First, we investigate the characteristics of the various categories underlying ESG scores. Not all types of ESG categories lend themselves to more targeted strategies, which is related to both limits to ESG data disclosure and the fundamental challenge of translating qualitative characteristics into quantitative measures. Second, we consider an investment scheme based on the exclusion of firms with the lowest scores in each category of interest. In most cases, this targeted strategy still allows investors to substantially improve the portfolio headline ESG score, with only a marginal impact on financial performance relative to a broad stock market benchmark. The exclusion results in regional and sectoral biases relative to the benchmark, which may be undesirable for some investors. We then implement a “best-in-class” strategy, based on excluding firms with the lowest category scores and reinvesting the proceeds in firms with the highest scores maintaining the same regional and sectoral composition. This approach reduces the tracking error of the portfolio and slightly improves its risk-adjusted performance while still yielding a large gain in the headline ESG score

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: Research paper series / Swiss Finance Institute ; no 22, 23
    Schlagworte: Sustainable investment; ESG ratings; ESG investing; Negative screening; Best-in-class screening
    Umfang: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  8. Big techs in finance
    on the new nexus between data privacy and competition
    Autor*in: Boissay, Frederic; Ehlers, Torsten; Gambacorta, Leonardo; Shin, Hyun Song
    Erschienen: 2021
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 546
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: BIS working papers ; no 970 (October 2021)
    Schlagworte: digital platforms; big techs; finance; dataprivacy; competition
    Umfang: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  9. Mapping shadow banking in China
    structure and dynamics
    Autor*in: Ehlers, Torsten; Kong, Steven; Zhu, Feng
    Erschienen: February 2018
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    Keine Speicherung
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: BIS working papers ; no 701
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  10. Business models and dollar funding of global banks
    Autor*in: Aldasoro, Iñaki; Ehlers, Torsten; Eren, Egemen
    Erschienen: March 2018
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    Keine Speicherung
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Auflage/Ausgabe: This draft: March 19, 2018
    Schriftenreihe: BIS working papers ; no 708
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  11. Understanding the challenges for infrastructure finance
    Autor*in: Ehlers, Torsten
    Erschienen: 2014
    Verlag:  Bank for Internat. Settlements, [Basel]

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    W 910 (454)
    Fernleihe:
    uneingeschränkte Fernleihe, Kopie und Ausleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: BIS working papers ; 454
    Umfang: III, 24 S., graph. Darst., 30 cm
    Bemerkung(en):

    Parallel als Online-Ausg. erschienen
  12. Three essays on bank lending, liquidity, and the macroeconomy
    Autor*in: Ehlers, Torsten
    Erschienen: 2012
    Verlag:  Univ., Zürich

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    Keine Speicherung
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Dissertation
    Format: Online
    Schlagworte: Kreditgeschäft; Liquidität; Wirkungsanalyse; USA; Welt
    Umfang: Online-Ressource (PDF-Datei: VI, 107 S., 2,42 MB), graph. Darst.
    Bemerkung(en):

    Zürich, Univ., Diss., 2012