Call for Papers
Climate change produces more frequent and intense natural disasters, putting tens of millions of properties at an increasingly large physical and financial risk. In addition to incurring a substantial welfare cost on homeowners, mounting risk could threaten the stability of the property market and macroeconomy itself. At the same time, the real estate sector consumes 40% of world energy annually and is responsible for 20% of greenhouse gas (GHG) emissions. Given its volume, reducing emissions from the sector is central to achieving climate change mitigation goals.
The real estate sector’s vulnerability and its contribution to climate change call for innovative research at the intersection of climate change and real estate. In particular, a symposium on Climate Change and Real Estate Economics and Finance, hosted by the Center for Real Estate at MIT, calls for papers on the following topics:
Estimating the impact of climate risk (both physical risk and transition risk) on residential and/or commercial real estate
Evaluating the effect of climate change adaptation and resilience measures in the real estate sector
Evaluating measures to mitigate the real estate sector’s contribution to climate change
We seek novel research papers with rigorous theoretical and/or empirical analyses on questions within these topics. We especially welcome submissions by early-career scholars and from scholars who are under-represented in economics.
Date
October 4-5 (Friday and Saturday), 2024
Location
MIT Campus (Cambridge, MA)
Keynote Speakers
Joe Aldy (Harvard), Matthew Kahn (USC), Christopher Knittel (MIT), and Johannes Stroebel (New York University)
Submission
All papers must be submitted here: https://forms.gle/KNC1yaK73ahPsd1f9 by May 24, 2024, at 11:59 pm ET. Authors will be notified about inclusion in each symposium by early October. Submissions of complete papers are preferred, but we will consider extended abstracts that include a discussion of the research’s results and conclusions.
Tentative timeline of the special issue
May 24, 2024, at 11:59 pm ET: Deadline for submission of papers to the symposium.
July 2024: Authors will be notified about inclusion in each symposium.
October 4 and 5, 2024: Presentation of selected papers at the 2nd Annual MIT Climate and Real Estate Initiative Symposium.