The Annual Conference of the Central Bank of Chile is one of the most important events organized by the Bank. It brings together experts, researchers and academics from central banks and monetary policy authorities of numerous countries, with the purpose of promoting and discussing the latest developments in economic research on macroeconomic and international economic issues.
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XXVI Annual Conference of the Central Bank of Chile
"Implications of Climate Change and Ecosystem Services Degradation for Macroeconomic and Financial Stability”
Marriott Hotel, Santiago, Chile on November 27-28, 2023.
This year, the Conference will address issues related to the impacts of climate change and ecosystem services degradation on macroeconomic and financial stability, considering both the angles of the physical and the green transition risks. The Conference will bring together leading economists to discuss the topic, and on this occasion, the keynote lectures will be delivered by Philippe Aghion from the College de France and London School of Economics and Maximilian Auffhammer from the University of California, Berkeley.
The Conference will be conducted in English, with simultaneous translation to Spanish and will be livestreamed.
And in this link the registration form: https://forms.office.com/r/KUkUYA3AAq
We look forward to your participation.
Organizers:
Maximilian Auffhammer, Elías Albagli, Sofia Bauducco, Gonzalo García-Trujillo
Monday, November 27th
TBD
Adrien Bilal (Harvard University), James Stock (Harvard University)
Discussant: Toan Phan (Richmond Fed) – Governor, Central Bank of Chile
TBD
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)
Discussant: Francisco Gallego (PUC-Chile)
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
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: TBD
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)