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Environmental Economics and Policy

May 6 @ 9:15 am 6:00 pm EDT

environmental-economics-and-policy-joint-conference

On Friday, May 6, 2022, the Federal Reserve Bank of New York and Columbia University Center for Environmental Economics and Policy (CEEP) will jointly host an in-person conference on environmental economics and policy, with speakers including New York Fed President John C. Williams and a keynote address by Ben Harris, Assistant Secretary for Economic Policy at the U. S. Department of Treasury.

Economists will present research on topics including how low-income communities are disproportionately impacted by climate risks, the unintended consequences of mandatory flood insurance, and how different neighborhoods react to flooding. A reception will follow.

Event Details

Date and Time
May 6, 2022
9:15am – 6:00pm ET

Location
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY

Agenda


9:15-9:30 am

Opening remarks

John C. Williams, President and Chief Executive Officer, Federal Reserve Bank of New York

9:30-12:00 pm

Session 1: Unequal Effects of Climate Change

Moderator: Charles Taylor, Columbia University

9:30-10:15 am

Surge of Inequality: How Different Neighborhoods React to Flooding

Ana Varela Varela, Assistant Professor, University of Amsterdam

10:15-11:00 am

Within City Disparate Temperature Effects Of Climate Change

Presenter: Clara Berestycki, Columbia University
(Co-author: Wolfram Schlenker, Professor, Columbia University)

11:00-11:15 am

Break

11:15-12:00 pm

Unintended Consequences of “Mandatory” Flood Insurance

Presenter: Kristian Blickle, Financial Economist, Federal Reserve Bank of New York
(Co-author: Joao Santos, Policy Leader for Microprudential Supervision, Federal Reserve Bank of New York)

12:00-1:00 pm

Lunch

1:00-2:00 pm

Keynote Address

Ben Harris, Assistant Secretary for Economic Policy, U.S. Department of Treasury

2:30-5:00 pm

Session II: Economic And Financial Stability Under A Changing Climate

Moderator: Tarikua Erda, Columbia University

2:30-3:15 pm

Climate Stress Testing

Presenter: Hyeyoon Jung, Economist, Federal Reserve Bank of New York
(Co-authors: Robert Engel, Professor, Stern School of Business, NYU; Richard Berner, Professor, Stern School of Business, NYU)

3:15-4:00 pm

Global Warming and Labor Market Reallocation

Jose-Luis Cruz, Princeton University

4:00-4:15 pm

Break

4:15-5:00 pm

Mitigating Disaster Risks in the Age of Climate Change

Presenter: Harrison Hong, Professor, Columbia University
(Co-authors: Neng Wang, Professor, Columbia University; Jingiang Yang, Professor, Shanghai University of Finance and Economics)

5:00-5:05 pm

Closing Remarks

Joao Santos, Policy Leader for Microprudential Supervision, Federal Reserve Bank of New York

5:00-6:00 pm

Reception


Speakers

Ana Varela Varela
Assistant Professor
University of Amsterdam

Clara Berestycki
Ph.D. Candidate
Columbia University

Kristian Blickle
Economist
Federal Reserve Bank of New York

Ben Harris
Assistant
Secretary for Economic Policy
US Department of Treasury

Hyeyoon Jung
Economist
Federal Reserve Bank of New York

Jose-Luis Cruz
Ph.D. Candidate
Princeton University

Harrison Hong
Professor of Financial Economics
Columbia University

Resources

Visit the New York Fed’s page on Community Development.

33 Liberty Street
New York, NY 10045 United States
+ Google Map
(212) 720-5000
View Venue Website