9:30 – 9:50 | Welcome address
Pietro Garibaldi (LTI@UniTO) and Lanfranco Suardo (Banca d’Italia)
9:50 – 10:30 | Carbon Policy Surprises and Stock Returns: Signals from Financial Markets
Ugo Panizza (Geneva Graduate Institute), Martina Hengee (IMF), Richard Varghese (IMF)
Download: Slides
Discussion: Ludwig Chincarini (University of San Francisco)
Download: Slides
10:30 – 11:10 | Flight to climatic safety: local natural disasters and global portfolio flows
Fabrizio Ferriani (Banca d’Italia), Andrea Gazzani (Banca d’Italia), Filippo Natoli (Banca d’Italia)
Download: Slides
Discussion: Michael Donadelli (Università di Brescia)
11:10 – 11:30 | Coffee Break
11:30 – 12:20 | Keynote speech
Imperfect Financial Expectations: Theory and Evidence
Andrea Vedolin (Boston University)
Download: Slides
12:20 – 13:00 | Cultural Steoreotypes of Multinational Banks
Orkun Saka (City University of London), Barry Eichengreen (University of California Berkeley)
Download: Slides
Discussion: Michela Altieri (LUISS)
13:00 – 14:30 | Lunch break
14:30 – 15:10 | Dynamic ESG equilibrium
Andrea Tarelli (Università Cattolica Milano), Doron Avramov (IDC), Abraham Liuoi (EDHEC), Yang Liu (University of Hong Kong)
Download: Paper – Slides
Discussion: Elisa Luciano (Università di Torino and CCA)
Download: Slides
15:10 – 15:50 |Financial Intermediaries and demand for duration
Marco Zanotti (Università della Svizzera italiana), Alberto Plazzi (Università della Svizzera Italiana), Andrea Tamoni (Rutgers Business School)
Download: Slides
Discussion: Frank De Jong (Tilburg University)
Download: Slides
15:50 – 16:30 | Do Institutional Investors stabilize equity markets in crisis periods? Evidence from Covid-19
Stefano Ramelli (University of St. Gallen), Simon Glossner (University of Virginia Darden), Pedro Matos (University of Virginia Darden), Alexander Wagner (University of Zurich)
Download: Paper – Slides
Discussion: Fernando Avalos (Bank for International Settlements)
Download: Slides
16:30 – 16:50 | Coffee Break
16:50 – 17:30 | Reducing Carbon Using Regulatory and Financial Market Tools
Federica Zeni (World Bank), Franklin Allen (Imperial College London), Adelina Barbalau (University of Alberta)
Download: Slides
Discussion: Tito Cordella (Johns Hopkins University)
