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FHFA Fall 2023 Econ Summit

FHFA’s Fall 2023 Econ Summit on Climate Risk: This blog post details the event and some important takeaways from each of the 11 presentations that were given throughout the day.

Session 1: Climate Change and Insurance

Measuring the Climate Risk Exposure of Insurers

​Research Paper      ​​​​   ​  Presentation (Hye​yoon Jung)       ​​​​   ​  Presentation (Lynn Conell-Price)

Presenter: Hyeyoon Jung, Financial Research Economist, Federal Reserve Bank of New York

Discu​ssant: Lynn Conell-Price, Economist, Consumer Financial Protection Bureau

Fifty Years of U.S. Natural Disaster Insurance Policy

​Research Paper      ​​​​   ​  Presentation (Katherine Wagner)      ​​​​   ​  Presentation (Caroline Hopkins)

​​Presenter: Katherine Wagner, Assistant Professor, University of British Columbia.

Discu​ssant: Caroline Hopkins, Senior Economist, Federal Housing Finance Agency

Lessons Learned from Flood Insurance for Wildfires

Paper Not Available      ​​​​   ​  Presentation (Penny Liao)       ​​​​   ​  Presentation (Mallick Hossain)

​​Presenter: Penny Liao, Fellow, Resources for the Future

Discu​ssant: Mallick Hossain, Financial Economist, Federal Reserve Bank of Philadelphia

Pricing of Climate Risk Insurance: Regulation and Cross-subsidies

​Research Paper      ​​​​   ​​​​​​​​  Presentation (Ishita Sen)       ​​​​   ​​​​​​​​  Presentation (Joakim Weill)

​​Presenter: Ishita Sen, Assistant Professor of Business Administration, Harvard Business School

Discu​ssant: Joakim Weill, Climate Economist, Federal Reserve Board of Governors​

​Session 2: Land Use Regulations, Disclosures, and Risk Modeling

Flood Zoning Policies and Residential Housing Characteristics in Texas 

​Research Paper      ​​​​   ​​​​​​​​  Presentation (Doug Noonan)      ​​​​   ​​​​​​​​  Presentation (Elise Breshears)

​​Presenter: Doug Noonan, Paul H. O’Neill Professor, O’Neill School, Indiana University Purdue University Indianapolis

Discu​ssant: Elise Breshears, Economist, Environmental Protection Agency

Adapting to Natural Disasters through Better Information: Evidence from the Home Seller Disclosure Requirement

​Research Paper      ​​​​   ​​​​​​​​  Presentation (Seunghoon Lee)       ​​​​   ​​​​​​​​  Presentation (Margaret Walls)

​​Presenter: Seunghoon Lee, Assistant Professor, Department of Economics, University of Missouri – Columbia

Discu​ssant: Margaret Walls, Senior Fellow, Resources for the Future​

Sectoral Transition Risk in an Environmentally Extended Production Network Model

​Research Paper      ​​​​   ​​​​​​​​  Presentation (George Krivorotov)       ​​​​   ​​​​​​​​  Presentation (Esther Shears)

​​Presenter: George Krivorotov, Senior Financial Economist, Office of the Comptroller of the Currency

Discu​ssant: Esther Shears, Ph.D. Candidate, Energy and Resources Group, University of California-Berkeley​​

Session 3: Disaster Risk and House Prices​

Analyzing the impact of changes in flood risk on housing value: evidence from a coastal county

​Research Paper      ​​​​   ​​​​​​​​  Presentation (Travis Lahue)       ​​​​   ​​​​​​​​  Presentation (Alexandra Marr)

​​Presenter: Travis Lahue, Economist, Office of Energy Market Regulation, Federal Energy Regulatory Commission

Discu​ssant: Alex Marr, Senior Economist, Federal Housing Finance Agency​​

Damage vs. Risk Perception: How Do House Prices Recover After Hurricanes?

​Research Paper      ​​​​   ​​​​​​​​  Presentation (Hoanh Le)      ​​​​   ​​​​​​​​  Presentation (Malcolm Rogers)

Presenter: Hoanh Le, Postdoctoral Researcher, South Dakota State University

Discu​ssant: Malcolm Rogers, Economist, Federal Housing Finance Agency

The Effects of Extreme Wildfire and Smoke Events on Household Financial Outcomes

​Research Paper      ​​​​   ​​​​​​​​  Presentation (Xudong “Sean” An)      ​​​​   ​​​​​​​​  Presentation (Ding Du)

​​Presenter​: Xudong “Sean” An, Vice President of Supervision, Regulation, and Credit, Federal Reserve Bank of Philadelphia

Discu​ssant: Ding Du, Senior Financial Economist, Office of the Comptroller of the Currency​​

How Should we Measure Home Prices After Natural Disasters?

Paper Not Available      ​​​​   ​​​​​​​​  Presentation (Justin Contat)       ​​​​   ​​​​​​​​  Presentation (Shan Ge)

Presenter: Justin Contat, Senior Economist, Federal Housing Finance Agency​​​

Discu​ssant: Shan Ge, Assistant Professor, NYU Stern School of Business


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Page last updated: January 22​, 2024​

  • FHFA Fall Econ Summit brought to you by DRS​​

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    October 3, 2023
    Constitution Center
    400 7th St, SW
    Washington, DC 20024

    Agenda​​​

    Fall 2023 Econ Summit Blog