7th ANNUAL RESEARCH CONFERENCE Macroeconomic and Financial Aspects of Climate Change

The 7th Annual Research Conference on Macroeconomic and Financial Aspects of Climate Change, organized by Banco de España, is focused on the implications of climate change for the conduct of monetary policy, financial regulation, financial aspects of the green transition, and the macroeconomy in general. You can see the programme in this link Archivo PDF: Abre en nueva ventana (1 MB).

Our conference will be continued by a conference organized in Universidad Carlos III de Madrid on 15 November, focused on the same issue, in cooperation with the European Economic Review. You can find the programme here Archivo PDF: Abre en nueva ventana (718 KB).

Información

Ponentes

14 Noviembre

    • 09:15h - 09:30h
    • Welcome address

      Ángel Gavilán (DG Economics, Research and Statistics, Banco de España)

    • 09:30h - 10:30h
    • FINANCE

      Chair: Carlos Thomas (Banco de España)

      Green Stocks and Monetary Policy Shocks

      Glenn Rudebusch (Brookings Institution, CEPR, and New York University), Michael D. Bauer, Eric A. Offner

      Discussant: Ricardo Gimeno (Banco de España)

    • 10:30h - 11:00h
    • Coffee break
    • 11:00h - 13:00h
    • Chair: Óscar Jordá (Federal Reserve Bank of San Francisco)

      The New Keynesian Climate model

      Jean-Guillaume Sahuc, Frank Smets, Gauthier Vermandel (École Polytechnique Paris)

      Discussant: Nicoletta Batini (Riksbank)

      A Greenwashing Index

      Elise Gourier (ESSEC Business School), Hélène Mathurin

      Discussant: Ghassane Benmir (IE University

    • 13:00h - 14:00h
    • Lunch break
    • 14:00h - 16:00h
    • MACRO & MONETARY POLICY session – part 1

      Chair: Evi Pappa (Universidad Carlos III)

      Climate Policy in the Wide World

      John Hassler (IIES Stockholm University)

      Discussant: Fernanda Necchio (Federal Reserve Bank of San Francisco)

      Consumer durables in the green transition

      Alexander Dietrich, Lukas Leitenbacher and Gernot Mueller (Univ.Tübingen)

      Discussant: Tatjana Dalhaus (Bank of Canada)

    • 16:00h - 16:30h
    • Coffee break
    • 16:30h - 18:30h
    • MACRO & MONETARY POLICY session – part 2

      Chair: Eva Ortega (Banco de España)

      The Long-Run Macroeconomic Effects of Climate Policy on Household Emissions

      Stephie Fried (San Francisco Fed), David Lagakos and Hannah Rhodenhiser

      Discussant: Myroslav Pidkuyko (Banco de España)

      Is the Green Transition Inflationary?

      Kershav Dogra, Julian di Giovanni and Marco del Negro (New York Fed)

      Discussant: Conny Olovsson (Sveriges Riksbank)

    • 18:30h - 18:30h
    • End of conference
Siguiente 15th Research Workshop Banc...