On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
If you have any questions, please contact halo@digital.ox.ac.uk
Green firms (with high environmental performance ratings) experience a less pronounced reduction in stock prices compared to brown firms (with low environmental performance ratings) in response to monetary policy tightening. Using a stylised theoretical framework and comprehensive empirical analysis, I show that this is driven by investors’ preferences for sustainable investing. When interest rates rise, expected future dividends are discounted more heavily, reducing both green and brown asset prices. However, investors favouring sustainable investments are less likely to unwind their green portfolio positions in response to contractionary monetary policy shocks, thereby mitigating the impact on green asset prices.
