Plausibly Exogenous [1448] - Green Labels (01/18/2024)
LHS Variable
Financial and environmental outcomes
RHS Variable
Green bond labeling
Source of Exogenous Variation
Introduction of BAM GreenStar, a green bond verification program launched in 2018 by Build America Mutual (BAM), one of the major municipal bond insurance companies
- Tomunen and Yi (2023), “Green Labeling”