Climate Finance Workshop

November 30, 2017 - 8:00am - 5:30pm
Presidential Ballroom, Faculty House
64 Morningside Drive
New York, NY 10027
United States

Climate Finance Workshop
Thursday, November 30, 2017

Sponsors: Norges Bank Investment Management, Program for Economic Research, Review of Financial Studies

Conference Organizers: Harrison Hong (Columbia University), José Scheinkman (Columbia University), Andrew Karolyi (Cornell University and Sponsoring Editor, Review of Financial Studies)

If you have any questions, please contact Stephanie Cohen at


Press Release


Finalists Selected for the Workshop at Columbia University for the Review of Financial Studies Call for Proposals on Climate Finance

  • Markus Baldauf (University of British Columbia), Lorenzo Garlappi (University of British Columbia), Constantine Yannelis (New York University) – "Does Climate Change Affect Real Estate Prices? Only If You Believe In It"
    • Discussant: David Sraer (University of California Berkeley Haas)
  • Lars Peter Hansen (University of Chicago), William Brock (University of Wisconsin, Madison), Michael Barnett (University of Chicago) – "Pricing Uncertainty Induced by Climate Change"
    • Discussant: Stijn Van Nieuwerburgh (New York University)
  • Sophie Shive (University of Notre Dame), Margaret Forster (University of Notre Dame) – "Corporate governance and pollution externalities of public and private firms"
    • Discussant: Boris Vallee (Harvard Business School)
  • Philipp Krueger (University of Geneva and SFI), Zacharias Sautner (Frankfurt School of Finance), Laura Starks (University of Texas, Austin) - "The Importance of Climate Risk for Institutional Investors"
    • Discussant: Patrick Bolton (Columbia University)
  • Darwin Choi (The Chinese University of Hong Kong) Zhenyu Gao (The Chinese University of Hong Kong), Wenxi Jiang (The Chinese Univeristy of Hong Kong) – “Attention to Global Warming”
    • Discussant: Zhi Da (Notre Dame University)
  • Justin Murfin (Yale University), Matthew Spiegel (Yale University) – “Is the risk of sea level rise capitalized in residential real estate?”
    • Discussant: Michael Goldstein (Babson College)
  • Nitin Kumar (Indian School of Business), Alok Shashwat (Indian School of Business), Russ Wermers (University of Maryland) – “Do Fund Managers Misestimate Climatic Disaster Risk?”
    • Discussant: Sumudu Watugala (Cornell University)
  • Jawad M. Addoum (Cornell University), David Ng (Cornell University), Ariel Ortiz-Bobea (Cornell University) – “Climate Shocks and Earnings News”
    • Discussant: Wolfram Schlenker (Columbia University)
  • Robert Engle (New York University), Stefano Giglio (University of Chicago), Bryan Kelly (University of Chicago), Heebum Lee (New York University), Johannes Stroebel (New York University) – “Hedging Climate Change News”
    • Discussant: Rossen Valkanov (University of California, San Diego)

Call for Research Proposals

Program for the day

Directions to Faculty House