Young Scholars
October 30, 2023 
Adelina Barbalau
Assistant Professor of Finance
Alberta School of Business, University of Alberta
Professor Stefano Giglio spoke about his recent working paper “Climate Finance” (with Bryan Kelly and Johannes Stroebel). From the abstract:
“We review the literature studying interactions between climate change and financial markets. We first discuss various approaches to incorporating climate risk in macro-finance models. We then review the empirical literature that explores the pricing of climate risks across a large number of asset classes including real estate, equities, and fixed income securities. In this context, we also discuss how investors can use these assets to construct portfolios that hedge against climate risk. We conclude by proposing several promising directions for future research in climate finance.”
Young Scholars
Young Scholars
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