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SSRN 5208076 by Ali Rezaei is a document available to read on EtoBox.

What is SSRN 5208076 about?

This paper introduces a Climate Policy Uncertainty (CPU) index to assess how uncertainty in climate policies affects firm and investor behavior in the U.S. The findings reveal that higher CPU negatively impacts financial outcomes, innovation, and stock market performance, particularly for CO2-intensive sectors, leading to reduced investment and innovation. The study emphasizes the economic costs of climate policy uncertainty, which hinders the transition to a low-carbon economy.

Author

Ali Rezaei

Language

EN