scholarly journals Public Debt Stability in the People’s Republic of China: Rethinking the Domar Condition and Its Bond Market Application

2021 ◽  
Author(s):  
Naoyuki Yoshino ◽  
Akiko Terada-Hagiwara ◽  
Hiroaki Miyamoto
Keyword(s):  
Public Debt ◽  
Bond Market ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Republic Of China

scholarly journals Green Bonds, Air Quality, and Mortality: Evidence from the People’s Republic of China

2021 ◽  
Author(s):  
Yan Luo ◽  
◽  
Shu Tian ◽  
Hao Yang ◽  
◽  
...  
Keyword(s):  
Air Quality ◽  
Mortality Rates ◽  
Bond Market ◽  
Market Development ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Gross Domestic Product Growth ◽  
Republic Of China ◽  
Level Data ◽  
Environmentally Responsible

This study uses city-level data from the People’s Republic of China to examine links between green bond market development and air quality as well as mortality rates. It finds that cities with more green bond financing as a share of total bond financing tend to have better air quality. The effect is stronger when certified green bonds are examined and in cities with higher gross domestic product growth. Further, local green bond issuance is also negatively related to mortality rates. The findings support the argument that green bond issuance is a credible signal of corporates’ commitment to be environmentally responsible.

Sign in / Sign up

Export Citation Format

Share Document