Costas Arkolakis on "Clean Growth"
301 S 19th Ave
Minneapolis, MN 55455
One of the most remarkable developments of our time is the rapid technological progress in renewable energy technologies.
In this year's Jon Goldstein Memorial Lecture, we'll hear Costas Arkolakis (PhD 2007) of the Yale Department of Economics present his research, "Clean Growth," co-authored with Conor Walsh. "Clean Growth" develops an economic framework to analyze the regional and aggregate economic impact of the cost reductions in solar and wind across the world. Their investigation centers on the role of learning-by-doing in renewable energy and storage technologies, subsidies in renewables, and investments in the electricity grid. They find that adaption of renewables is rapid but its welfare impact depends heavily on how countries rely on the production and consumption of fossil fuels, and transmission grid investment.
Following his talk, Arkolakis will be joined by panelists Bob Litterman, Richard Sandor, and V.V. Chari for a roundtable discussion. Register today for this important event.
If you are attending the lecture virtually, please join using this Zoom link.
Costas Arkolakis is a Professor of Economics at Yale University and an NBER Research Associate. He received his undergraduate degree from Aristotle University of Thessaloniki in Economics, and his Master and PhD in Economics from the University of Minnesota. He joined the Department of Economics at Yale University in 2007, became an Associate Professor in 2013, Henry Kohn Associate Professor in 2014, and a Full Professor in 2018. He has been awarded multiple National Science Foundation grants including an NSF CAREER grant, the Bodossaki Foundation Prize in Social Sciences for distinguished young Greek scientists, and published in a variety of journals. He is a Joint-Editor of the Journal of International Economics and Co-Director of the Center for Geospatial Solutions. He specializes in international trade, spatial economics, macroeconomics and industrial organization.
Richard L. Sandor is CEO of Environmental Financial Products (EFP), which was the incubator to the Chicago Climate Exchange (CCX) and the American Financial Exchange (AFX). Among Dr. Sandor’s academic roles, he is currently the Aaron Director Lecturer in Law and Economics at the University of Chicago Law School and an honorary Professor at the School of Economics at Fudan University and the University of Hong Kong.
Bob Litterman is chairman of the Risk Committee and a founding partner of Kepos Capital, an investment firm in New York. Litterman serves as director of the Woodwell Climate Research Center, Climate Central, the World Wildlife Fund, the Climate Leadership Council, and the Heller Hurwicz Economics Institute at the University of Minnesota. He also serves as advisor to the Natural Capital Project and the Woods Institute for the Environment at Stanford University.
Varadarajan V. Chari
Varadarajan V. Chari has been a professor of economics at the University of Minnesota since 1994. He is currently the Paul W. Frenzel Land Grant Professor of Liberal Arts and is the Founding Director of the Heller-Hurwicz Institute He has served on the Board of Editors of many journals, including Econometrica, the Journal of Economic Literature and the Journal of Economic Perspectives. In 1998, he was elected fellow of the Econometric Society.