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Mahwish Zafar

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Open access Sep 2026

Quantile Dependence and Portfolio Diversification between Green Bonds and International Financial Markets: Evidence from Quantile-on-Quantile Regression

In this study, the green bond market is investigated with respect to its connectedness with certain international financial markets, employing the Quantile-on-Quantile Regression (QQR) technique that is used to measure this connectedness. Green bonds have emerged as a significant financial tool for financing low-carbon...

Azhar Hussain, Mahwish Zafar, Waqas Khan · 0 citations

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