Bracing for the ecological transition: challenges, opportunities, solutions

Banque de France, Banca d’Italia and Sciences Po, in cooperation with the CEPR, are organizing their fifth joint research conference on trends in firm financing, firm organization and firm dynamics, to be held in Paris on 1-2 December 2022.

5th Joint Research Conference on Firm organization, firm financing and firm dynamics

(FirmOrgDyn 2022)

“Bracing for the ecological transition: challenges, opportunities, solutions”

Sciences Po, Paris, 1-2 December 2022



9.40 - 10.00. Registration

10.00 - 10.45. Managerial and Financial Barriers during the Green Transition. Ralph De Haas (EBRD), Ralf Martin (Imperial College), Mirabelle Muûls (Imperial College), Helena Schweiger (EBRD).

10.45 – 11.05. Coffee break

11.05 - 11.50. The Impact of Corporate Climate Action on Financial Markets: Evidence from Climate-Related Patents. Ulrich Hege (TSE), Sébastien Pouget (TSE), Yifei Zhang (Peking University).

11.50 – 12.35. Are Carbon Prices Priced in Stock Returns? Patrick Bolton (Imperial College), Adrian Lam (Amsterdam University), Mirabelle Muuls (Imperial College).

12.35 – 13.45. Buffet lunch.

13.45 - 14.30. Do Renewables Create Local Jobs? Natalia Fabra (Carlos III and CEPR), Eduardo Gutiérrez (Banco de Espana), Aitor Lacuesta (Banco de Espana), Roberto Ramos (Banco de Espana).

14.30 – 15.15. The Effects of Climate Change on Labor and Capital Reallocation. Christoph Albert (Collegio Carlo Alberto), Paula Bustos (CEMFI), Jacopo Ponticelli (Northwestern University).

15.15 – 15.35. Coffee break

15.35 – 16.20. Climate Variability and International Trade. Walter Steingress (Syracuse University).

19.30 Dinner (on invitation)



9.30 - 9.45. Registration

9.45 – 10.30. Emission caps and investment in green technologies. Bruno Biais (HEC), Augustin Landier (HEC).

10.30 – 10.50. Coffee break

10.50 - 11.35. Induced Innovation, Inventors, and the Energy Transition. Eugenie Dugoua (LSE), Todd Gerarden (Cornell University).

11.35 – 12.20. The Effect of ESG Disclosure on Corporate Investment Efficiency. Elsa Allman (Banque de France), Joonsung Won (Baruch College).

12.20 – 13.30. Buffet lunch.

13.30 - 14.15. Dance for the rain or pay for insurance? An empirical analysis of the Italian crop insurance market. Luca Citino (Bank of Italy), Alessandro Palma (GSSI), Matteo Paradisi (EIEF).

14.15 – 15.00. Saving for a Dry Day: Coal, Dams and the Energy Transition. Michele Fioretti (Sciences Po), Jorge Tamayo (Harvard).

15.00. Adjourn


Program committee: Federico Cingano (Banca d’Italia), Stéphane Guibaud (Sciences Po), Andrea Linarello (Banca d’Italia), Noemie Lisack (Banque de France), Thierry Mayer (Sciences Po and CEPR), Jean-Stéphane Mésonnier (Banque de France and Sciences Po).

Organization committee: Federico Cingano, Jean-Stéphane Mésonnier, Maria Ohlund (Sciences Po), Pilar Calvo (Sciences Po).

Updated on: 11/15/2022 14:47