Irene Monasterolo, Vienna University of Economics and Business
The Climate Spread of Corporate and Sovereign Bonds


Thursday, January 28, 2021


SF 8:00am, NYC 11:00am, BERLIN 5:00pm



Irene Monasterolo is Assistant Professor of Climate Economics and Finance at the Institute for Ecological Economics, Vienna University of Economics and Business and visiting research fellow at Boston University. Her research includes developing ways to align the financial system to the Sustainable Development Goals and the Paris Agreement, contributing to developments of the first climate stress-test methodology, applied to both commercial and development banks’ portfolios for introducing climate risk factors into financial risk metrics, the first financial macro-network model for climate policy’s risk financial risk evaluation, and the EIRIN Stock-Flow Consistent behavioral model to assess financial and distributive effects of green fiscal, monetary policies and green bonds. Dr. Monasterolo also leads on the Research Area ‘Environment-Economy Interactions’ of the European Association for Evolutionary Political Economy (EAEPE).

This seminar is part of the Virtual Seminar on Climate Economics series hosted by the Federal Reserve Bank of San Francisco and is open to everyone interested in research on the economics of climate change.

Download the paper (pdf, 400 kb)

Download the slides (pdf, 1.75 mb)

Watch the recording (video, 46:53 minutes, with transcription)