The economic geography of global warming
Sep
08
06:00 PM - 07:00 PM
Livestream
Effectiveness of policy actions
In his webinar, Prof. Esteban Rossi-Hansberg (University of Chicago) explained the large heterogenous impacts of climate change across regions. How people cope with global warming – by migrating, trading, and investing – is crucial for the effectiveness of different policy actions.
In the run-up of the Climate Change Conference in Glasgow in November 2021, the question arises as to how the goals set in the Paris Agreement can be achieved. To keep 1.5 degrees within reach and to protect people and nature from the impacts of climate change, drastic measures must be taken. However, the type of intervention must be subject to public debate to ensure that political decisions are widely accepted. The UBS Center wants to provide a platform for these discussions through its upcoming activities in the second half of the year. With several events and publications on climate change during the next months, UBS Center is focusing on one of the greatest challenge mankind has ever faced.
While global warming is a problem that affects the entire world population, the effects of and the reactions to it vary in different regions of the world. Is climate change reinforcing existing inequalities? Recent studies indicate that global warming losers are today’s poorest locations while today’s richest regions are only marginally affected. Therefore, Rossi-Hansberg’s mission is clear: It is time to incorporate heterogenous impacts of climate change fully in the set of models and tools that are used to predict the economic effects of climate change and make the appropriate policy recommendations.
This was a public event with free access via livestream on our website.
This session was supported by the Centre for Economic Policy Research (CEPR).
Read our Twitter thread.
In his webinar, Prof. Esteban Rossi-Hansberg (University of Chicago) explained the large heterogenous impacts of climate change across regions. How people cope with global warming – by migrating, trading, and investing – is crucial for the effectiveness of different policy actions.
In the run-up of the Climate Change Conference in Glasgow in November 2021, the question arises as to how the goals set in the Paris Agreement can be achieved. To keep 1.5 degrees within reach and to protect people and nature from the impacts of climate change, drastic measures must be taken. However, the type of intervention must be subject to public debate to ensure that political decisions are widely accepted. The UBS Center wants to provide a platform for these discussions through its upcoming activities in the second half of the year. With several events and publications on climate change during the next months, UBS Center is focusing on one of the greatest challenge mankind has ever faced.
Esteban Rossi-Hansberg is the Glen A. Lloyd Distinguished Service Professor in the Kenneth C. Griffin Department of Economics at the University of Chicago
Press
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Speakers
Esteban Rossi-Hansberg is the Glen A. Lloyd Distinguished Service Professor in the Kenneth C. Griffin Department of Economics at the University of Chicago. Until recently he was the Theodore A. Well '29 Professor of Economics at Princeton University, where he had been since 2005. Prior to Princeton, he was an Assistant Professor at Stanford University. He earned a Ph.D. from the University of Chicago in 2002. His research specializes in international trade, regional and urban economics, as well as growth and organizational economics. He has published extensively in all the major journals in economics. In 2007 he received the prestigious Alfred Sloan Research Fellowship and in 2010 he received the August Lösch Prize and the Geoffrey Hewings Award. He is an elected fellow of the Econometric Society since 2017 and won the Robert E-Lucas Prize in 2019.
UBS Foundation Professor of Macroeconomics and Financial Markets, Research Fellow CEPR
Joachim Voth received his PhD from Oxford in 1996. He works on financial crises, long-run growth, as well as on the origins of political extremism. He has examined public debt dynamics and bank lending to the first serial defaulter in history, analysed risk-taking behaviour by lenders as a result of personal shocks, and the investor performance during speculative bubbles. Joachim has also examined the deep historical roots of anti-Semitism, showing that the same cities where pogroms occurred in the Middle Age also persecuted Jews more in the 1930s; he has analyzed the extent to which schooling can create radical racial stereotypes over the long run, and how dense social networks (“social capital”) facilitated the spread of the Nazi party. In his work on long-run growth, he has investigated the effects of fertility restriction, the role of warfare, and the importance of state capacity. Joachim has published more than 80 academic articles and 3 academic books, 5 trade books and more than 50 newspaper columns, op-eds and book reviews. His research has been highlighted in The Economist, the Financial Times, the Wall Street Journal, the Guardian, El Pais, Vanguardia, La Repubblica, the Frankfurter Allgemeine, NZZ, der Standard, der Spiegel, CNN, RTN, Swiss and German TV and radio.
Esteban Rossi-Hansberg is the Glen A. Lloyd Distinguished Service Professor in the Kenneth C. Griffin Department of Economics at the University of Chicago. Until recently he was the Theodore A. Well '29 Professor of Economics at Princeton University, where he had been since 2005. Prior to Princeton, he was an Assistant Professor at Stanford University. He earned a Ph.D. from the University of Chicago in 2002. His research specializes in international trade, regional and urban economics, as well as growth and organizational economics. He has published extensively in all the major journals in economics. In 2007 he received the prestigious Alfred Sloan Research Fellowship and in 2010 he received the August Lösch Prize and the Geoffrey Hewings Award. He is an elected fellow of the Econometric Society since 2017 and won the Robert E-Lucas Prize in 2019.
UBS Foundation Professor of Macroeconomics and Financial Markets, Research Fellow CEPR
Joachim Voth received his PhD from Oxford in 1996. He works on financial crises, long-run growth, as well as on the origins of political extremism. He has examined public debt dynamics and bank lending to the first serial defaulter in history, analysed risk-taking behaviour by lenders as a result of personal shocks, and the investor performance during speculative bubbles. Joachim has also examined the deep historical roots of anti-Semitism, showing that the same cities where pogroms occurred in the Middle Age also persecuted Jews more in the 1930s; he has analyzed the extent to which schooling can create radical racial stereotypes over the long run, and how dense social networks (“social capital”) facilitated the spread of the Nazi party. In his work on long-run growth, he has investigated the effects of fertility restriction, the role of warfare, and the importance of state capacity. Joachim has published more than 80 academic articles and 3 academic books, 5 trade books and more than 50 newspaper columns, op-eds and book reviews. His research has been highlighted in The Economist, the Financial Times, the Wall Street Journal, the Guardian, El Pais, Vanguardia, La Repubblica, the Frankfurter Allgemeine, NZZ, der Standard, der Spiegel, CNN, RTN, Swiss and German TV and radio.