03037nam 22005655 450 991029936280332120240724113853.09783319728476331972847410.1007/978-3-319-72847-6(CKB)4100000002485400(MiAaPQ)EBC5347215(DE-He213)978-3-319-72847-6(NBER)w18504(PPN)254063667(Perlego)3492449(EXLCZ)99410000000248540020180226d2018 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierCarbon Markets Microstructure, Pricing and Policy /by Gbenga Ibikunle, Andros Gregoriou1st ed. 2018.Cham :Springer International Publishing :Imprint: Palgrave Macmillan,2018.1 online resource (243 pages)9783319728469 3319728466 1: Introduction - A descriptive and critical analysis of the key emissions trading schemes around the world -- 2: Econometric Approaches in Carbon Markets -- 3. The Impact of Large/Block Trades on the Price Discovery Process -- 4: Short and Long-term Liquidity Effects -- 5: Liquidity and Market Efficiency in Carbon Markets -- 6: Price Slumps and Policy -- 7: Conclusion. .This book explores the microstructure of carbon markets and the pricing of carbon financial instruments generally. It provides a critical microstructure analysis of the EU Emissions Trading Scheme (EU-ETS), and also examines the theoretical and related market design issues affecting emissions trading schemes. Individual chapters analyse how intraday pricing evolves in carbon markets, the price impact of block trades in carbon financial instruments and their determinants, short and long-term liquidity effects in carbon markets, and the links between carbon market liquidity and efficiency. The aforementioned issues are explored using case studies of two major trading platforms operating within the EU-ETS. The book concludes by focusing on future policy and regulatory challenges in carbon markets, especially with respect to addressing pricing volatility challenges.International financeFinancial services industryEnvironmental economicsInternational FinanceFinancial ServicesEnvironmental EconomicsInternational finance.Financial services industry.Environmental economics.International Finance.Financial Services.Environmental Economics.363.7387Ibikunle Gbengaauthttp://id.loc.gov/vocabulary/relators/aut1063681Gregoriou Androsauthttp://id.loc.gov/vocabulary/relators/autBOOK9910299362803321Carbon Markets2533663UNINA