Template-Type: ReDIF-Article 1.0 
Author-Name: OlaOluwa Yaya
Author-Name: Rafiu Akano
Author-Name: Oluwasegun Adekoya
Author-Email:  os.yaya@ui.edu.ng
Author-Workplace-Name:  Economic and Finance Statistics Unit, Department of Statistics, University of Ibadan, Nigeria
Title: Market Efficiency and Volatility Persistence of Green Investments Before and During the COVID-19 Pandemic
Abstract:  Using a nonlinear 
 framework with Chebyshev polynomial in time, we investigate the market efficiency and volatility persistence of five green investments before and during the COVID-19 pandemic. Our results show that, except for the MSCI global green building index, green investments are more efficient and exhibit higher volatility persistence before the crisis, as compared to the crisis period. Thus, green investors are likely to make arbitrage profits during the pandemic.
Classification-JEL:  C22 ,Q47
Keywords:  Green investment, Volatility persistence, COVID-19 pandemic
Journal:  Asian Economics Letters
Pages: 1-6
Volume: 4
Issue: 1
Year:  2023
DOI:  2023/03/09
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/53107-market-efficiency-and-volatility-persistence-of-green-investments-before-and-during-the-covid-19-pandemic.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:86