Publications

• Scientific publication

  Journal of Environmental Economics and Management: Physical climate risk and the pricing of bank loans

  This paper analyses how physical climate risk affects the pricing of loans. Using a global dataset of almost 86,000 syndicated bank loans, we find that…

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• Policy Brief

  PB 1/2026: Assessing Company Impact

  Assessing positive and negative impacts at the company level is central for impact investors, but company impact assessment tools lack precise methods and reliable information…

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• Scientific publication

  International Review of Financial Analysis: The performance of low-carbon equity funds

  This study examines the performance of low-carbon equity funds by gaining a better understanding of what drove past performance, what opportunity costs arose from higher…

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• Scientific publication

  The Review of Financial Economics: Measuring the performance of government bond portfolios with index-based level, slope, and curvature factors

  This paper introduces a three-factor interest rate risk model to improve the measurement of active bond fund performance. Traditional models assume a linear relationship between…

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• Scientific publication

  Energy Policy: EU power market reform toward locational pricing: Rewarding flexible consumers for resolving transmission constraints

  The ongoing expansion of wind and solar electricity generation alongside increasing electrification is leading to a considerable strain on transmission capacities and grid bottlenecks in…

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