Biodiversity Protection Policy and Housing Markets: Supply, Demand, and Speculation
Maxwell Sacher (McCombs School of Business, University of Texas at Austin) and Shikhar Singla (McCombs School of Business, University of Texas at Austin) estimate the expected impact of biodiversity policy by exploiting an increase in policy risk from the Biden administration’s proposed “30×30” plan, which aimed to significantly increase the amount of protected land by 2030.
The Economics of Biodiversity Loss
Olivier Wang (New York University) develops an ecologically-founded model that captures how biodiversity affects economic activity. This model structure allows the authors to characterize ecosystem fragility—how sensitive ecosystem services are to further biodiversity loss.
Biodiversity-adjusted sovereign credit ratings
Patrycja Klusak (Norwich Business School), highlights recent research that aims to adjust sovereign credit scores for the impact of biodiversity risks.
Frontiers of climate and nature in macroeconomics and finance
The macroeconomic challenges from climate and nature change are constantly becoming more prevalent. At a conference hosted by the Banque de France on October 24-25, 2022, early career researchers presented cutting-edge analysis and policy solutions to tackle these challenges. This digests highlights important moments of this conference.
Nature-related financial dependencies and impacts
Chiara Colesanti Senni (Council on Economic Policies) and Adrian von Jagow (E-axes Forum, WU Vienna) have selected some recent papers on the financial implications of nature decline.