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Critical Conversations with Economists | How Should Climate Change Uncertainty Impact Social Valuation and Policy?

November 12, 2020

On November 13, Guanghua will host a presentation by the recipient of the 2013 Nobel Prize in Economics, the University of Chicago's Lars Peter Hansen, "How Should Climate Change Uncertainty Impact Social Valuation and Policy?" followed by a Q&A session moderated by Peking University's Pengfei Han.

We live in an age of constant change. Part of the uncertainty stems from limits to our understanding of various phenomena such as the COVID pandemic and climate change. From the standpoint of economic analysis, how should we conceptualize this uncertainty, what are its consequences for model building, and what implications does it have for economic policy? This discussion will focus on climate change and how alternative sources of uncertainty can impact the social cost of carbon.

Peking University (PKU) and BFI-China at the University of Chicago host a monthly virtual lecture series“Critical Conversations with Economists”to convene renowned economists from each institution for a critical discussion addressing economic issues facing China and the world today. On September 29, the series launched with a discussion between UChicago Booth School of Business's Chang-Tai Hsieh and PKU's Qiao Liu.

Lecture Information

Friday, November 13, 2020
10:00 – 11:00 am China Standard Time
Venue: Zoom

Guest Speakers:
Lars Peter Hansen
Professor Lars Peter Hansen is David Rockefeller Distinguished Service Professor in Economics and Statistics at the Booth School of Business and the College of the University of Chicago. He is the recipient of the 2013 Nobel Prize in Economics. As the director of BFI's Macro Finance Research Program, he is a leading expert in economic dynamics. He works at the forefront of economic thinking and modeling, drawing approaches from macroeconomics, finance, and statistics.

Pengfei Han
Assistant Professor of Finance, Guanghua School of Management, Peking University
Dr. Pengfei Han is an assistant professor of finance at Guanghua School of Management, Peking University. He received his Ph.D. degree in economics from the University of Pennsylvania. His research focuses on innovation, entrepreneurship, venture capital, firm dynamics, and economic growth. He is currently working on US-China technology decoupling, cross-country comparison of mobile payment, entrepreneurial finance under the COVID-19 pandemic, and the market for technology in China.

Register for the seminar here or scan the QR code below.