The Carbon Premium: Correlation or Causation? Evidence from S&P 500 Companies
By Namasi G. Sankar, Suryadeepto Nag, Siddhartha P. Chakrabarty, Sankarshan Basu
Rating
1535
Battle Count: 197
Relevance
8/10
Highly relevant for quantitative traders focusing on ESG factors, climate risk, and sustainable investing strategies. Provides insights into pricing of carbon risk in stock markets.
Implementation Complexity
6/10
Moderate complexity due to the need for propensity score estimation and difference-in-differences analysis. Requires access to emissions and financial data for implementation.
Reproducibility
4/5
The paper provides detailed methodology and data sources, enhancing reproducibility. However, some proprietary financial data may be challenging to access.
About this paper
Methodology: Propensity Score Weighted Difference-in-Differences. Problem types: Causal Inference, Regression.
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