Conference on Household Heterogeneity and Household Finance
September 9, 2010
Housing
Who Invests in Home Equity to Exempt Wealth from Bankruptcy?
Stefano Corradin, Reint Gropp, Harry Huizinga, Luc Laeven
paper
Discussant: Robert Bliss
Mortgage Modification and Strategic Default: Evidence from a Legal Settlement with Countrywide
Christopher Mayer, Edward Morrison, Tomasz Piskorski, Arpit Gupta
paper
Discussant: Kristopher Gerardi
Keynote
Randall Olsen
Equity in the Households
Stock Market Expectations of Dutch Households
Michael Hurd, Maarten van Rooij, Joachim Winter
paper
Discussant: Jirka Slacalek
A Dynamic Model of Housing Demand: Estimation and Policy Implications
Patrick Bajari , Phoebe Chan, Dirk Krueger, Daniel Miller
paper
Discussant: Julia Le Blanc
Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets
Motohiro Yogo
paper
Discussant: Michael Ziegelmeyer
Panel Discussion
Challenges when Measuring Household Finance
Michael Ehrmann, Juergen Schupp, Frank Stafford, Arthur Kennickell
September 10, 2010
The Crisis
Household Debt and Savings during the 2007 Recession
Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw, Basit Zafar
paper
Discussant: Ben Craig
Business Cycles and Inequality: The Changing Exposure of High-Income Households to Aggregate Fluctuations
Annette Vissing-Jorgensen, Jonathan Parker
paper
Discussant: Takashi Yamashita
From the Standpoint of the FIs
Competition and Adverse Selection in a Consumer Loan Market: The Curious Case of Overdraft vs. Payday Credit
Brian T. Melzer, Donald P. Morgan
paper
Discussant: Steve Cauley
Seasonal Asset Allocation: Evidence from Mutual Fund Flows
Mark J. Kamstra, Lisa A. Kramer, Maurice D. Levi, Russ Wermers
paper
Discussant: Ellis Tallman
Presentation of two new micro data sets on household finance
Wilbert van der Klaauw, Ulf von Kalckreuth
Is Proprietary Trading Detrimental to Retail Investors?
Falko Fecht, Andreas Hackethal, Yigitcan Karabulut
paper
Discussant: Leonardo Madureira
Household Characteristics
Who Lost the Most? Financial Literacy, Cognitive Abilities, and the Financial Crisis
Tabea Bucher-Koenen, Michael Ziegelmeyer
paper
Discussant: Lisa Kramer
Learning in the Credit Card Market
Sumit Agarwal, John C. Driscoll, Xavier Gabaix, David Laibson
paper
Discussant: Kartik Athreya