14:15 - 15:45
Gas, Guns, and Governments: Financial Costs of Anti-ESG Policies
We study how regulation limiting ESG policies distorts financial market outcomes. In 2021 Texas enacted laws that prohibit municipalities from contracting with banks with certain ESG policies, leading to the exit of five of the largest municipal bond underwriters from the state.
Who
Where
Personal details
Ivan T. Ivanov is a Senior Economist in the Research Division of the Federal Reserve Bank of Chicago. His work centers on the importance of banks and shadow banks for the financing of SMEs and government entities. He has recently examined the effects of carbon pricing policy, ESG policies, and anti-ESG regulation on the capital acquisition process as well as the impact of monetary policy and disclosure regulation on the municipal debt market. His research interests are Financial intermediation & banking, public finance, corporate finance and climate finance.
Whom to contact
Economist
If you have any further questions please contact me.
+49 345 7753-753 Request per E-Mail
