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Introduction and conference outline
Jean Pisani-Ferry (PIIE) and Adam S. Posen (PIIE)
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Transcript: Introduction and Session 1 (254.35 KB)
Session 1: The macroeconomics of climate change mitigation: The state of play and shortcomings
Moderator:
Suman Bery (NITI Aayog)
Presenters:
• Antonio Spilimbergo (International Monetary Fund)
• John Hassler (Stockholm University)
Discussants:
• Alain de Serres (Organization for Economic Cooperation and Development)
• James Stock (Harvard University)
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Transcript: Introduction and Session 1 (254.35 KB)Document
Paper: Antonio Spilimbergo (424.58 KB)Document
Presentation: Antonio Spilimbergo (865.71 KB)Document
Paper: John Hassler (10.5 MB)Document
Presentation: Alain de Serres (390.5 KB)Document
Presentation: James Stock (797.14 KB)
Keynote: Pierre Wunsch (National Bank of Belgium)
Moderator: Jean Pisani-Ferry (PIIE)
National Bank of Belgium Blog
The macroeconomic aspects of climate neutrality – a European perspective
Pierre Wunsch, Thomas Stoerk, and Carine Swartenbroekx
June 6, 2023
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Presentation: Pierre Wunsch (1.19 MB)Document
Transcript: Pierre Wunsch (167.61 KB)
Session 2: Is climate action good or bad for productivity and potential growth? Over what time horizon?
Moderator: Kimberly Clausing (University of California, Los Angeles; PIIE)
Presenters:
• Philippe Aghion (Collège de France; INSEAD)
• Steven Fries (PIIE)
Discussants:
• Jason Furman (Harvard Kennedy School; PIIE)
• Neil Mehrotra (Federal Reserve Bank of Minneapolis)
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Transcript: Session 2 (183.57 KB)Document
Presentation: Philippe Aghion (995.61 KB)Document
Paper: Steven Fries (1.33 MB)Document
Presentation: Steven Fries (2.14 MB)Document
Presentation: Jason Furman (1.46 MB)Document
Presentation: Neil Mehrotra (207.36 KB)
Session 3: Does decarbonization change the fiscal equation?
Moderator: Jason Furman (Harvard Kennedy School; PIIE)
Presenter:
• Ruud de Mooij (International Monetary Fund )
Discussants:
• Luis Garicano (Bruegel; University of Chicago Booth School of Business)
• Selma Mahfouz (French Ministry of Finance)
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Transcript: Session 3 (137.3 KB)Document
Presentation: Ruud de Mooij (1.12 MB)Document
Presentation: Luis Garicano (1.24 MB)Document
Presentation: Selma Mahfouz (481.26 KB)
Session 4: Climate action, reallocation, and stranded assets
Moderator: Maurice Obstfeld (University of California Berkeley; PIIE)
Presenters:
• Stéphane Hallegatte (World Bank)
• Robert Z. Lawrence (Harvard Kennedy School; PIIE)
Discussants:
• Ioana Marinescu (University of Pennsylvania)
• Stefano Scarpetta (Organization for Economic Cooperation and Development)
Document
Transcript: Session 4 (196.13 KB)Document
Presentation: Stéphane Hallegatte (2.69 MB)Document
Presentation: Robert Z. Lawrence (634.58 KB)Document
Paper: Robert Z. Lawrence (1.06 MB)Document
Presentation: Ioana Marinescu (146.58 KB)Document
Presentation: Stefano Scarpetta (287.53 KB)
In conversation with Andrew Steer (Bezos Earth Fund)
Moderator: Adam S. Posen (PIIE)
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Transcript: Andrew Steer (171.74 KB)
Session 5: Panel discussion: Climate change and macroeconomics: Where do we stand?
Moderator: Jean Pisani-Ferry (PIIE)
Panelists:
• Jennifer Harris (Former White House)
• Christiane Nickel (European Central Bank)
• Beatrice Weder di Mauro (Centre for Economic Policy Research)
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Transcript: Session 5 (166.83 KB)Document
Presentation: Jennifer Harris (412.41 KB)Document
Presentation: Christiane Nickel (655.1 KB)Document
Presentation: Beatrice Weder di Mauro (2.47 MB)
Session 6: Consequences of policy heterogeneity across countries
Moderator: Cecilia Malmström (PIIE)
Presenters:
• Chad P. Bown (PIIE)
• Kimberly Clausing (University of California, Los Angeles; PIIE)
• Reinhilde Veugelers (Katholieke Universiteit Leuven; PIIE)
Discussants:
• Maurice Obstfeld (University of California Berkeley; PIIE)
• Jeromin Zettelmeyer (Bruegel)
Document
Transcript: Session 6 (194.89 KB)Document
Presentation: Chad P. Bown and Kimberly Clausing (744.88 KB)Document
Presentation: Reinhilde Veugelers (1.47 MB)Document
Presentation: Maurice Obstfeld (703.96 KB)Document
Presentation: Jeromin Zettelmeyer (750.9 KB)
Session 7: Panel discussion: Implications for the global economy
Moderator: Adam S. Posen (PIIE)
Panelists:
• Suman Bery (NITI Aayog)
• Mauricio Cárdenas (Columbia University)
• Cecilia Malmström (PIIE)
• Catherine Wolfram (Harvard Kennedy School)
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Presentation: Suman Bery (447.93 KB)Document
Presentation: Mauricio Cárdenas (1.11 MB)Document
Transcript: Session 7 and Concluding remarks (169.72 KB)
Concluding remarks
Jean Pisani-Ferry (PIIE) and Adam S. Posen (PIIE)
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Transcript: Session 7 and Concluding remarks (169.72 KB)
About
Event Summary
Climate change mitigation is bound to entail significant consequences for growth, employment, inflation, and public finances. But considerable uncertainty surrounds the channels through which mitigation efforts will bring benefits or impose costs on various sectors of the global economy, from nations to workers, households, and companies. This conference is organized to shed light on this new field of study, including the key mechanisms and methodologies for empirical assessment, and to draw policy conclusions. The conference features presentation of papers, policy panels, and discussion.
View the conference agenda here.
Video
Event Materials
Document
Conference agenda (106.36 KB)