Thursday, July 22, 2021

Email subscriptions

My forecast here unfortunately comes true: FeedBurner is going away, so no more email subscriptions, starting soon, evidently in August.  Please follow the blog on Twitter (@FrancisDiebold), or directly at

See you soon, one way or another,


Friday, July 9, 2021

EC^2 2021: Econometrics of Climate

 EC^2 Conference 2021:  Econometrics of Climate, Energy, and Resources

Aarhus, Dec 10-11 2021

Conference web page here

Wednesday, July 7, 2021

Climate Change Research at the NBER Summer Institute

[Courtesy of Glenn Rudebusch at FRBSF.  Thanks Glenn!]

Starting next week, the NBER will host a variety of research workshops focused on different sub-fields in economics.  The issue of climate change cuts this summer's NBER Summer Institute. The list below collects presentations related to climate change from all of the various workshops. 

Fortunately, none of these presentations overlap with the July 15th VSCE.

Master Schedule of NBER SI research presentations related to climate change


Times are US EDT.  All presentations will be live streamed 

Monday, July 12

4:00 pm


How Unconventional is Green Monetary Policy? 

Melina Papoutsi, Columbia University

Monika Piazzesi, Stanford University and NBER

Martin Schneider, Stanford University and NBER

Wednesday, July 14

11:00 am


Banking on Carbon: Corporate Lending and Cap-and-Trade Policy  

Ivan T. IvanovFederal Reserve Board

Mathias KruttliFederal Reserve Board

Sumudu W. WatugalaCornell University

Discussant: Patrick BoltonColumbia University and NBER


11:45 am


The Rising Tide Lifts Some Interest Rates: Climate Change, Natural Disasters, and Loan Pricing  

Ricardo Correa, Federal Reserve Board

Ai He, University of South Carolina

Christoph Herpfer, Emory University

Ugur Lel, University of Georgia

Discussant: Victoria IvashinaHarvard University and NBER


12:45 pm


Roundtable on Risk Management of Climate Risk at Financial Institutions
John Cochrane, Hoover Institution and NBER
Robert Engle, New York University and NBER
Robert Litterman, Kepos Capital
Kevin Stiroh, Federal Reserve Board

Thursday, July 15

12:50 pm


Can Directed Innovation Mitigate Climate Damage? Evidence from US Agriculture  

Jacob Moscona, Massachusetts Institute of Technology

Karthik Sastry, Massachusetts Institute of Technology

Tuesday, July 20

3:20 pm


Panel discussion

What Would it Take for Innovation to Provide a Long-Run Solution to the Climate Change Challenge?
Severin Borenstein, University of California, Berkeley and NBER
Daron Acemoglu, Massachusetts Institute of Technology and NBER
Jason Bordoff, Columbia University
Cheryl Martin, Harwich Partners

Friday, July 23

12:30 pm


Panel: Climate Change and Household Finance
Adair Morse, University of California, Berkeley and US Dept of the Treasury
Harrison Hong, Columbia University and NBER
Esteban Rossi-Hansberg, University of Chicago and NBER
Johannes Stroebel, New York University and NBER

Monday, July 26

11:50 am

Coordination and Commitment in International Climate Action: Evidence from Palm Oil 

Allan J. HsiaoMassachusetts Institute of Technology




Holding Up Green Energy 

Nicholas Ryan, Yale University and NBER


1:00 pm


Incentivizing Negative Emissions Through Carbon Shares  

Derek LemoineUniversity of Arizona and NBER

Discussant:  Stephie Fried, Federal Reserve Bank of San Francisco


1:45 pm


Overlapping Climate Policies  

Grischa PerinoUniversity of Hamburg

Robert A. RitzUniversity of Cambridge

Arthur A. van BenthemUniversity of Pennsylvania and NBER

Discussant: Meredith Fowlie, University of California, Berkeley and NBER

Tuesday, July 27

10:30 am


Economic impacts of tipping points in the climate system 

Simon DietzLondon School of Economics

James RisingUniversity of Delaware

Thomas StoerkLondon School of Economics

Gernot WagnerNew York University

Discussant: William D. Nordhaus, Yale University and NBER


11:15 am


The Rising Cost of Climate Change: Evidence from the Bond Market  

Michael D. BauerUniversit├Ąt Hamburg

Glenn RudebuschFederal Reserve Bank of San Francisco

Discussant: James H. Stock, Harvard University and NBER


1:30 pm


Can Directed Innovation Mitigate Climate Damage? Evidence from US Agriculture 

Jacob MosconaMassachusetts Institute of Technology

Karthik SastryMassachusetts Institute of Technology


1:45 pm


Adaptation to Natural Disasters by Better Information: Evidence from the Home Seller Disclosure Requirement 

Seunghoon LeeUniversity of Chicago


1:50 pm


The Food Problem and the Aggregate Productivity Consequences of Climate Change 

Ishan B. Nath, Federal Reserve Bank of San Francisco


1:55 pm


To Beef or Not To Beef: Trade, Meat, and the Environment 

Dora Zs. SimonUniversity of Zurich


2:00 pm


Coordination and Commitment in International Climate Action: Evidence from Palm Oil 

Allan J. HsiaoMassachusetts Institute of Technology


2:05 pm


Eco-Certification: Warm Glow or Cold Prickle? 

Klaas van 't VeldUniversity of Wyoming


2:10 pm


Cool Cities: The Value of Urban Trees 

Lu HanUniversity of Toronto

Stephan HeblichUniversity of Toronto

Christopher TimminsDuke University and NBER

Yanos ZylberbergUniveristy of Bristol


2:20 pm


Partisan Residential Sorting on Climate Risk 

Asaf BernsteinUniversity of Colorado at Boulder and NBER

Stephen B. BillingsUniversity of Colorado

Matthew GustafsonPenn State University

Ryan LewisUniversity of Colorado at Boulder


Thursday, July 29


10:30 am


Neglected No More: Housing Markets, Mortgage Lending, and Sea Level Rise 

Benjamin J. KeysUniversity of Pennsylvania and NBER

Philip MulderUniversity of Pennsylvania

Friday, July 30

1:00 pm

The Economic Geography of Global Warming 

Jose Luis Cruz AlvarezPrinceton University

Esteban Rossi-HansbergUniversity of Chicago and NBER


2:10 pm

The Local Economic Impact of Natural Disasters 

Brigitte Roth TranFederal Reserve Bank of San Francisco

Daniel WilsonFederal Reserve Bank of San Francisco