Advances in Macro and Finance Modelling of Climate Change

The Banque de France organized a hybrid workshop on “Advances in Macro and Finance Modelling of Climate Change”, on 17-18 March, 2022.

Thursday 17 March

9:00-9:20                   Registration

9:20-9:40                   Welcome by Olivier Garnier

9:40-10:40                 Keynote – Warwick McKibbin

 

Session 1: Structural Modelling of Climate Change (chair: Katheline Schubert)

10:40-11:20               Environmental Subsidy as a Technology Greener
                                    Eric Jondeau, Grégory Levieuge, Jean-Guillaume Sahuc & Gauthier Vermandel

11:20-11:40               Break

11:40-12:20               Climate Policy, Financial Frictions, and Transition Risk
                                    Garth Heutel, Stefano Carattini & Givi Melkadze

12:20-13:00               Suboptimal climate policies: non-uniform and indirect taxation of CO2
                                    John Hassler,Per Krusell & Conny Olovsson

13:00-14:30               Lunch

14:30-15:30               Keynote – Sophie Szopa

 

Session 2: Climate Change and Monetary Policy (chair: Benoit Mojon)

15:30-16:10               Climate Actions, Market Beliefs, and Monetary Policy
                                    Barbara Annicchiarico, Fabio Di Dio & Francesca Diluiso

16:10-16:30               Break

16:30-17:10               Whatever it Takes to Save the Planet? Central Banks and Unconventional Green Policies
                                    Alessandro Ferrari & Valerio Nispi Landi

17:10-17:50               Climate Change Mitigation: How Effective is Green Quantitative Easing?
                                    Raphael Abiry, Marien Ferdinandusse, Alexander Ludwig & Carolin Nerlich

 

Friday 18 March

9:00-9:10                   Reception

9:10-10:10                 Keynote – Christian Gollier

 

Session 3: Climate Stress Testing (chair: Jean Boissinot)

10:10-10:50               Climate Stress Testing
                                    Hyeyoon Jung, Robert Engle & Richard Berner

10:50-11:10               Break

11:10-11:50               A Finance Approach to Climate Stress Testing
                                    Henk Jan Reinders, Dirk Schoenmaker, & Mathijs A. Van Dijk

11:50-12:30               Do Investors Care about Carbon Risk?
                                    Patrick Bolton & Marcin Kacperczyk

12:30-14:00               Lunch

 

Organizers: Jean-Guillaume Sahuc & Stéphane Dées

Updated on: 03/25/2022 16:58