24
OCT
2023
14:15
- 15:45
IWH Research Seminar
Gas, Guns, and Governments: Financial Costs of Anti-ESG Policies
Who
Ivan T. Ivanov
(Federal Reserve Bank of Chicago)
Where
IWH, conference room and via Zoom
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.
