Bracing for the Ecological Transition

*Register before November 24th !*

The Banque de France as part of its partnership with Sciences Po, the Banca d’Italia and the Department, in cooperation with the Centre for Economic Policy Research (CEPR), are pleased to be holding their 5th joint research conference on trends in firm financing, firm organization and firm dynamics (FirmOrgDyn 2022).

The 2-day conference aims to create a forum for discussion on issues related to the recent patterns of firms’ activity, the organisation of production and firm’s financing, as well as their determinants, consequences and implications for policymaking.

When ? December 1st and 2nd, 2022 
Where ? The conference will take place in Paris, at Sciences Po.
*the exact venue will be communicated to registered participants*

programme agenda

THURSDAY, December 1st

9.40 - 10.00 AM - Registration

10.00 - 10.45 AM - 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 AM - Coffee break

11.05 - 11.50 AM - 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 AM - 12.35 PM - Are Carbon Prices Priced in Stock Returns? 
Patrick Bolton (Imperial College), Adrian Lam (Amsterdam University), Mirabelle Muuls (Imperial College)

12.35 - 1.45 PM - Buffet lunch.

1.45 - 2.30 PM - 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).

2.30 - 3.15 PM - The Effects of Climate Change on Labor and Capital Reallocation
Christoph Albert (Collegio Carlo Alberto), Paula Bustos (CEMFI), Jacopo Ponticelli (Northwestern University)

3.15 - 3.35 PM - Coffee break

3.35 - 4.20 PM - Climate Variability and International Trade
Walter Steingress (Syracuse University)

7.30 PM - Dinner (on invitation)

FRIDAY, December 2nd

9.30 - 9.45 AM - Registration

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

10.30 - 10.50 AM - Coffee break

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

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

12.20 - 1.30 PM -  Buffet lunch

1.30 - 2.15 PM - 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)

2.15 - 3.00 PM - Saving for a Dry Day: Coal, Dams and the Energy Transition
Michele Fioretti (Sciences Po), Jorge Tamayo (Harvard)

3.00 PM - Adjourn

Download the programme (PDF 723.05 KB)

Registration is mandatory: if you would like to attend the conference, please fill out our online form before November 24th!

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

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