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Analyze carbon market risks and expected returns

  • 2013-12-06
  • 339.67KB
  • Points it Requires : 1

        The capital asset pricing model (CAPM) is used to analyze the market risks of the European Union Emission Trading System (EU ETS) and the Clean Development Mechanism (CDM), and the Zipf method is used to study the volatility of carbon prices under different expected returns in the above two markets.

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