Template-Type: ReDIF-Article 1.0 
Author-Name: Emeka Okoro Akpa
Author-Name:  Afees Idowu Olayiwola
Author-Name:  Chigozie Mark Anthony Abuta
Author-Name:  Sheriff Badmus
Author-Email:  akpaemeka@gmail.com
Author-Workplace-Name:  Centre for Econometrics and Applied Research, Nigeria
Title: Climate Risk and Financial Instability in Asia-Pacific
Abstract:  In this study, we estimate the effect of climate risk on financial instability in a panel of four developed Asia-Pacific countries from 2001Q1 to 2020Q4. The empirical results show that climate risk leads to a reduction in financial instability, but not significantly. This effect becomes more significant when mean deviation is used as a measure of financial instability.
Classification-JEL:  Q54 ,O16
Keywords:  Climate risk, Financial instability, Asia-Pacific, Random effects
Journal:  Asian Economics Letters
Pages: 1-4
Volume: 4
Issue: 3
Year:  2024
DOI:  2024/07/01
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/37144-climate-risk-and-financial-instability-in-asia-pacific.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:106