Events

Conference / SymposiumTRIO Conference

Sat, Apr 26, 2025 - Sun, Apr 27, 2025

The 32nd NBER-TCER-CEPR TRIO Conference: Energy and the Environment

Date

Saturday, April 26nd – Sunday 1April 27rd
※Pre-registeration required
※Please note that this is an academic conference.

Venue

The University of Tokyo, Hongo Campus
Economics Research Annex (Kojima Hall) 2F, Conference Room 

Organizer

Shin-ichi Fukuda, Joshua K. Hausman, and Kenichi Ueda

Cohost

The Center for Advanced Research in Finance (CARF)

 

Registeration

 

Registeration Form

※Regarding in-person participation in the conference, please note that invitations will primarily be extended to academic researchers who have registered through the in-person participation form. We appreciate your understanding.

※Capacity: 30 30 participants in person (Registration deadline: April 21, Mon.)

 

 

Saturday, April 26

Speaker 20 minutes, Discussant 10 minutes, Floor discussion 15 minutes

9:30 am – 10:00 amCoffee and Snack

Session 1:

 

10:00 am

“Global Policy Spillovers: Evidence from the Multinational Automobile Industry”

Koichiro Ito, University of Chicago and NBER.
James M. Sallee, University of California, Berkeley and NBER.
Andrew Smith, University of Wisconsin-Madison.

Discussant:
Yuta Toyama, Waseda University

10:45 am

“The Environmental Impact of Multinational Firms in Africa”

Frederik Noack, University of British Columbia.
Dominic Rohner, Geneva Graduate Institute and CEPR.
Tommaso Sonno, University of Bologna.

Discussant:
Manabu Nose, Keio University

11:30 am – 11:45 am

Break

11:45 am

“The Economics of Carbon Border Adjustment Mechanisms for Lower-Income Countries”

Clausing, Kimberly A. University of California, Los Angeles and NBER.
Jonathan Colmer, University of Virginia and CEPR.
Allan Hsiao, Stanford University.
Catherine Wolfram, MIT and NBER.

Discussant:
Toshihide Arimura, Waseda University, RIETI, and TCER

12:30 pm – 1:30 pmLunch

 

Session 2:

1:30 pm

“Biodiversity and firm performance: Empirical evidence in Japan”

Katsuyuki Kubo, Waseda University.
Thanh Thi Phuong Nguyen, Japan Securities Research Institute.

Discussant:
Noriyoshi Yanase, Keio University and TCER

2:15 pm – 2:30 pmBreak
2:30 pm

“How Do ESG Performance and Awareness Affect Firm Value and Corporate Overinvestment?”

Tomoo Inoue, Seikei University.
Denny Irawan, Australian National University.
Tatsuyoshi Okimoto, Keio University.

Discussant:
Konari Uchida, Waseda University and TCER

3:15 pm

“Common Ownership, Climate Risk and Lending”

Elena Carletti, Bocconi University and CEPR.
Anja Duranovic, Utrecht University.
Irene Monasterolo, Utrecht University and CEPR.
Steven Ongena, University of Zurich and CEPR.

Discussant:
Hibiki Ichiue, Keio University

4:00 pm – 4:15 pmBreak
4:15 pm

“The Impact of Emissions Trading Systems on Manufacturing Installation Productivity: Evidence from Japan”

Guanyu Lua, Waseda University.
Kenta Tanaka, Musashi University.
Toshihide Arimura, Waseda University, RIETI and TCER

Discussant:
Akio Yamazaki, GRIPS

5:00 pm

“Nuclear Operations with a High Penetration of Renewables: The Case of France”

Nicolas Astier, Paris School of Economics.
Frank Wolak, Stanford University and NBER.

Discussant:
Claire Lim, University of Western Ontario and CEPR

Sunday, April 27

8:30 am – 9:00 amCoffee and Snack

Session 3:

 

9:00 am

“Market design for carbon and nature markets”

Beatrice Weder Di Mauro, Geneva Graduate Institute, INSEAD, and CEPR.
Estelle Cantillon, Universite Libre de Bruxelles and CEPR.
Eric Lambin, UC Louvain and Stanford.

Discussant:
Kenichi Ueda, The University of Tokyo

9:45 am – 10:00 am

Break

10:00 am

“A Supply Curve for Forest-Based CO2 Removal”

Robert S. Pindyck, MIT and NBER.
Sergio L. Franklin Jr., Superintendencia de Seguros Privados.

Discussant:
Masahiro Sugiyama, The University of Tokyo

10:45 am – 11:00 am
Break
11:00 am

“The Incidence of a Global Carbon Tax and CO2 Emissions.”

Wolfram Schlenker, Harvard University and NBER.

Discussant:
Armon Rezai, Vienna University of Economics and Business and CEPR

11:45 amAdjourn

Details