"Economics of Climate Change" Conference

Between the earlier Milan Climate Econometrics meeting (here) and this upcoming November FRBSF meeting (program now available, below), there's a lot of new and stimulating work.  Really nice.

 The Economics of Climate Change

Federal Reserve Bank San Francisco

Janet Yellen Conference Center

November 8, 2019

AGENDA

8:00 a.m. Continental Breakfast

8:45 a.m. Introduction: Mary C. Daly, President, Federal Reserve Bank of San Francisco

9:00 a.m. Session Chair: Glenn D. Rudebusch, Federal Reserve Bank of San Francisco

Labor Supply in a Warmer World: The Impact of Climate Change on the Global Workforce

Presenter: Solomon Hsiang, University of California, Berkeley

Discussant: David Card, University of California, Berkeley

Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis

Presenter: M. Hashem Pesaran, University of Southern California

Discussant: Francis X. Diebold, University of Pennsylvania

10:15 a.m. Break

10:45 a.m. Session Chair: Galina B. Hale, Federal Reserve Bank of San Francisco

Integrated Assessment in a Multi-region World with Multiple Energy Sources and Endogenous Technical Change

Presenter: Conny Olovsson, Central Bank of Sweden (Sveriges Riksbank)

Discussant: Larry Karp, University of California, Berkeley

On the Implications of Pollution for the Measurement of Output, Volatility, and the Natural Interest Rate

Presenter: Nicholas Z. Muller, Carnegie Mellon University

Discussant: Karen Fisher-Vanden, Penn State University

Noon Lunch – Market Street Dining Room, 4th Floor

1:00 p.m. Session Chair: Sylvain Leduc, Federal Reserve Bank of San Francisco

Climate Change Risk

Presenter: Dana Kiku, University of Illinois

Discussant: Michael Bauer, Federal Reserve Bank of San Francisco

Carbon Risk

Presenter: Ryan Riordan, Queens University

Discussant: Harrison Hong, Columbia University

2:15 p.m. Break

2:45 p.m. Session Chair: Òscar Jordà, Federal Reserve Bank of San Francisco

A Run on Oil: Climate Policy, Stranded Assets, and Asset Prices

Presenter: Michael Barnett, Arizona State University

Discussant: Robert Ready, University of Oregon

The Environmental Bias of Trade Policy

Presenter: Joseph S. Shapiro, University of California, Berkeley

Discussant: Katheryn Russ, University of California, Davis

4:00 p.m. Break

4:30 p.m. Session Chair: Glenn D. Rudebusch, Federal Reserve Bank of San Francisco

The Macro Effects of Anticipating Climate Policy

Presenter: Stephie Fried, Arizona State University

Discussant: Tony Smith, Yale University

Climate Change: Macroeconomic Impact and Implications for Monetary Policy

Presenter: Sandra Batten, Bank of England

Discussant: Warwick McKibbin, Australian National University

5:45 p.m. Reception – Market Street Salon, 4th Floor

6:30 p.m. Dinner – Market Street Dining Room, 4th Floor

Introduction: Mary C. Daly, President, Federal Reserve Bank of San Francisco

Speaker: Frank Elderson, Member of the Governing Board, Netherlands Central Bank (De Nederlandsche Bank, DNB) and Chairman, Network for Greening the Financial System (NGFS)