CMAP - CREST
Quantitative Sustainable Economics and Finance Seminar
Upcoming seminar:
May 23, 12:00-13:00, room 3105 at ENSAE
Emanuele Campiglio (University of Bologna) -- Warning words in a warming world
The CMAP - CREST Quantitative Sustainable Economics and Finance Seminar is a monthly in-person seminar series, hosted by CMAP (Ecole Polytechnique) and CREST (ENSAE Paris and Ecole Polytechnique), featuring research presentations that address sustainable (including green) economics and finance issues through quantitative approaches.
The seminars take place on Thursdays from 10:30 am to 12:30 pm at CREST (5 Av. Le Chatelier, 91120 Palaiseau, France) in room 2041.
The seminar series is jointly organized by Patricia Crifo, Emmanuel Gobet, Peter Tankov, Gauthier Vermandel, and Olivier David Zerbib.
If you are interested in being kept informed about the seminar series, please send your email address to the following generic address: qsefseminar@gmail.com. You will be able to ask for your email address to be removed from the mailing list at any time by sending a request to the same generic email address.
Fall 2023 seminars
- September 28: Luca Taschini (University of Edinburgh and LSE) — Nailing Down Volatile Temperatures: Examining Their Effects on Asset Prices
Spring 2024 seminars
- February 29:
- Louis Daumas (CIRED) — Financial transition risks and the multiverse of mitigation pathways: A scenario-exploration exercise with a stock-flow consistent model
- March 21:
- Julien Xavier Daubanes (TU Denmark, MIT, CESifo) — Do Markets Price the Sensitivity of Economic Oil Reserves ?
- April 25:
- Rick van der Ploeg (University of Oxford) — Pricing in transition and physical risks: challenges for climate policy → Paper 1 and Paper 2
- Julien Thavard (University of Nancy) — Climate Change and Banking Stability : Evidence for Latin America through Strong ENSO
- May 23:
Abstract: We study climate-related central bank communication using a novel dataset containing 32,359 speeches from 131 central banks over the 1986-2021 period. We employ natural language processing techniques to identify three evolving climate-related narratives centered around ‘sustainable development’, ‘green finance’ and ‘climate-related financial risks’. We find central bank public communication strategies to be primarily driven by underlying institutional factors. Finally, we study the impact of communication on equity prices and find that firms characterized by better environmental scores benefit from the more frequent and intense engagement of central banks on climate-related topics.