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William Xiong

Dr. William W. Xiong is an Assistant Professor of Finance at the Binghamton University (SUNY) School of Management. His recent research focuses on investments, sustainable and biodiversity finance, private capital, and applications of new technologies in finance. His broader research interests span a range of contemporary issues in financial economics. He earned his Ph.D. in finance from Cornell University.
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Government Bond Markets See Ecological Decline as a Growth Problem

Jitendra Aswani
Summary Teaser: In new research, Jitendra Aswani and William W. Xiong show that countries facing greater risks to their natural assets, from overfishing to deforestation, pay more to borrow, as investors discount their long-run growth prospects. Governments can reduce that premium by implementing green projects that address the risks they actually face, but announcing an intention to do so is not enough.

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