The Economic Uncertainty of Climate Change
At the second event in Booth’s Future of Capitalism series, experts explored the impact of climate change on the future of the economy.
The Economic Uncertainty of Climate Change
There Is More to Uncertainty Than Risk: Implications for Markets and Policy
Nobel laureate Lars Peter Hansen discussed how to think about climate policy amidst uncertainty.
On October 20, Nobel laureate Lars Peter Hansen discussed how to think about climate policy amidst so much uncertainty, both in markets and in economic models. The conversation was moderated by Jeff Currie, PhD ’96, global head of commodities research in global investment research (GIR) at Goldman Sachs.
The two also explored how Professor Hansen’s latest research applies to other current economic challenges.
Discover Recent Research from Lars Peter Hansen
Learn more about Professor Hansen’s latest research in Chicago Booth Review, as well as a previous Future of Capitalism talk he gave on this topic.
Confronting Uncertainty in Climate Policy
How can we contend with all we don’t know about the interplay of climate science and economics?
Confronting Uncertainty in Climate Policy
Should Monetary Policy Include Climate Policy?
Central bankers need to beware of overstating their ability to contribute to climate goals.
Should Monetary Policy Include Climate Policy?
Lars Peter Hansen
Lars Peter Hansen is an internationally known leader in economic dynamics and the recipient of the 2013 Nobel Prize in Economic Sciences. He currently serves as the David Rockefeller Distinguished Service Professor in Economics, Statistics at Booth and the College. He’s also research director of the Becker Friedman Institute for Economics. Hansen recently won the 2021 RFS Michael J. Brennan Best Paper Award for Joint Research on “Pricing Uncertainty Induced by Climate Change.”
Lars Peter Hansen
Jeff Currie, PhD ’96
Jeff Currie is global head of commodities research in global investment research (GIR) at Goldman Sachs. He is responsible for conducting research on commodity market dynamics in the context of corporate risk management programs, short- and long-term commodity investment strategies, and asset allocation. Currie is also a member of the GIR client and business standards committee, growth markets executive group, and macro executive committee.
He was European co-head of economics, commodities, and strategy research from 2010 to 2012. He was based in London from 2003 until 2012, when he moved to New York. He has since returned to London.
Jeff Currie, PhD ’96