Emanuele Campiglio’s research focuses on the links between climate change, macro-financial systems and sustainability transitions. His current research focuses on the macro-financial implications of low-carbon transitions, with a particular focus on the role of transition-related expectations in shaping investment decisions and policy-making choices. During his visit at ifo, he will mostly work on the impact of carbon pricing initiatives on multi-regional production networks. He hopes to interact with ifo researchers on the political economy of climate policy-making under electoral cycles and on the design of surveys to capture firms’ perceptions concerning the low-carbon transition.

David Torun’s research focuses on international trade and international economics, particularly the stability of trade relations, the propagation of shocks through transportation networks, and the role of history in shaping trade patterns. During his time at CESifo, he will continue to study how global trade disruptions – such as protectionist measures and geopolitical conflicts – affect the formation and stability of trade relationships and production networks.