Conferencias



XXVI Annual Conference of the Central Bank of Chile

"Implications of Climate Change and Ecosystem Services Degradation for Macroeconomic and Financial Stability”

Hotel Marriott, Santiago, Chile del 27 al 28 de noviembre de 2023.

Este año, la Conferencia abordará cuestiones relacionadas con los impactos del cambio climático y la degradación de los servicios ecosistémicos en la estabilidad macroeconómica y financiera, considerando tanto los ángulos de los riesgos físicos como los de la transición verde. La conferencia reunirá a destacados economistas para discutir el tema y, en esta ocasión, las conferencias magistrales estarán a cargo de Philippe Aghion del College de France y la London School of Economics y Maximilian Auffhammer de la Universidad de California, Berkeley.

Organizadores
Maximilian Auffhammer, Elías Albagli, Sofia Bauducco, Gonzalo García-Trujillo


Monday, November 27th

Opening Remarks

Rosanna Costa – Governor, Central Bank of Chile


The Macroeconomics of Climate Change

Adrien Bilal (Harvard University), James Stock (Harvard University)

Discussant: Toan Phan (Richmond Fed)

 


Climate Change Around the World

Per Krusell (Stockholm University), Anthony Smith (Yale University)

Discussant: Benjamín García (Central Bank of Chile)

 


Accounting for Nature in Economic Models and Decision-Making

Nicoletta Batini (Sveriges Riksbank), Luigi Durand (Central Bank of Chile)

Discussant: Larry Karp (UC Berkeley)

 


Keynote Speaker

Philippe Aghion (College de France, London School of Economics)

Chair: Luis Felipe Céspedes, Board Member, Central Bank of Chile

 


Integrating Ecosystem Modeling into Economic Models with Applications to Efficiency Analysis, Gross Ecosystem Product, and Policy Analysis

Steve Polasky (University of Minnesota)


Using Earth-Economy Models to Assess Global Sustainability Policy with a Recursive-Dynamic Approach

Justin Johnson (University of Minnesota)

Discussant: Andrew Plantinga (UC Santa Barbara)

 


Discussion Panel 1: Central Banks and Macroeconomic Impacts of Climate Change and Ecosystem Services Degradation

Chair: Elías Albagli, Head of Monetary Policy Division, Central Bank of Chile

Eduardo Cavallo (Economics Principal Specialist, Inter-American Development Bank)
Douglas Arent (Deputy Associate Laboratory Director for the Scientific Computing and Energy Analysis Directorate at NREL)
Marshall Burke (Associate Professor, Doerr School of Sustainability, Stanford University)

 


Tuesday, November 28th

Measuring the Climate Risk Exposure of Insurers

Robert Engle (NYU Stern), Shan Ge (NYU Stern), Hyeyoon Jung (Federal Reserve Bank of New York), Xuran Zeng (NYU Stern)

Discussant: Katherine Wagner (University of British Columbia)

 


Biodiversity Risk

Stefano Giglio (Yale SOM), Theresa Kuchler (NYU Stern), Johannes Stroebel (NYU Stern), Xuran Zeng (NYU Stern)

Discussant: Mauricio Larraín (Universidad de los Andes, Chile)

 

 


Keynote Speaker

Maximilian Auffhammer (UC Berkeley)

Chair: Felipe Córdova (Central Bank of Chile)


Updates on the Social Cost of Carbon

Tamma Carleton (UC Santa Barbara)

Discussant: Joaquín Vial (CLAPES UC)


Climate Change and Economic Growth

Marshall Burke (Stanford University)

Discussant: Klaus Schmidt-Hebbel (Universidad del Desarrollo)

 


Through Drought and Flood: The Past, Present and Future of Climate Migration

Elías Albagli (Central Bank of Chile), Pablo García (Central Bank of Chile), Gonzalo García-Trujillo (Central Bank of Chile), María Antonia Yung (Central Bank of Chile)

Discussant: Anouch Missirian (Toulouse School of Economics)


Discussion panel 2: Impact of Climate Change on Financial Stability

Chair: Rosario Celedón, Head of Financial Policy Division, Central Bank of Chile

Charlotte Gardens-Landolfini (Climate Change, Energy and Financial Stability, IMF)
Mauricio Larraín (Associate Professor, Department of Economics, U. de los Andes, Chile)
Marcus Molbak (Senior Lead Climate Economist, Danmarks Nationalbank)
Daniel Santabárbara (Head of Advanced and Systemic Economies Unit, DG Economics, Statistics and Research, Bank of Spain)

 


 
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