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This report examines the implications climate risk on capital markets and asset prices. Climate change is one of the most important issues in our generation and may have significant impacts on the economy. This report provides a comprehensive literat...
A government venture capital (GVC) fund refers to a fund of funds financed by the government. It aims to increase the supply of funding to sectors that are of public policy importance but are unlikely to receive sufficient funding from the market. Al...
Although securities firms have played a pivotal role in the development of capital markets, in-depth research on financial soundness regulations that have the greatest impact on their business activities has rarely been undertaken. Since its first in...
While major advanced countries including U.S. has conducted unconventional monetary easing since the global financial crisis, China has aggressively strived to internationalize its currency, yuan. The internationalization of Chinese yuan is base...