Innovative Data in Household Finance
Organized by Julia Fonseca, Scott T. Nelson, and Stephen P. Zeldes
Supported by the Alfred P. Sloan Foundation
November 21, 2025
Royal Sonesta Hotel, Charles Suites, 40 Edwin H. Land Blvd., Cambridge, MA
Format for regular sessions: 25 minutes for paper presentation, 10 minutes for the discussant, and 10 minutes for Q&A. Lightning session: 15 minutes for paper presentation and 7 minutes for Q&A.
Thursday, November 20
6:30 pm
Reception and Dinner - Royal Sonesta Hotel (Parkview Room)
Friday, November 21
8:30 am
Continental Breakfast
9:00 am

Unlocking Mortgage Lock-In: Evidence From a Spatial Housing Ladder Model

Julia Fonseca, University of Illinois Urbana-Champaign
Lu Liu, University of Pennsylvania
Pierre Mabille, INSEAD

Discussant:
Boaz Abramson, Columbia University
9:45 am
Break
10:00 am

Regulating Inaction: The Case of Price Walking

Jamie Coen, Imperial College London
Alessandro Gavazza, London School of Economics and Political Science (LSE)
Daniel Gottlieb, London School of Economics and Political Science (LSE)
Tarun Ramadorai, Imperial College London

Discussant:
Elisabeth Honka, University of California, Los Angeles
10:45 am
Break
11:00 am
Lightning Session:

The Impact of Unconditional Cash Transfers on Consumption and Household Balance Sheets: Experimental Evidence from Two US States

Alexander W. Bartik, University of Illinois Urbana-Champaign
Elizabeth Rhodes, OpenResearch
David E. Broockman, University of California, Berkeley
Patrick K. Krause, OpenResearch
Sarah Miller, University of Michigan and NBER
Eva Vivalt, University of Toronto

Liquid Wealth and Consumption Smoothing of Typical Labor Income Shocks

Peter Ganong, University of Chicago and NBER
Damon Jones, University of Chicago and NBER
Pascal J. Noel, University of Chicago and NBER
Diana Farrell, National Bureau of Economic Research
Fiona E. Greig, Vanguard
Chris Wheat, JP Morgan Chase Institute

Consumption, Savings, and Earnings Responses to Financial Windfalls

Rajashri Chakrabarti, Federal Reserve Bank of New York
Philippe d'Astous, HEC Montreal
Kory Kroft, University of Toronto and NBER
Sheisha Kulkarni, University of Virginia
Vyacheslav Mikhed, Federal Reserve Bank of Philadelphia
Matthew J. Notowidigdo, University of Chicago and NBER
Sahil Raina, University of Alberta
Barry Scholnick, University of Alberta

Rising Rents and Consumer Debt

Neil Bhutta, Federal Reserve Bank of Philadelphia
Lisa J. Dettling, Federal Reserve Board of Governors
12:30 pm
Lunch - Somerset Room
1:30 pm

Deposit Competition Beyond Rates

Matteo Benetton, University of California, Berkeley
Benjamin M. Hébert, Stanford University and NBER
Timothy McQuade, University of California, Berkeley and NBER

Discussant:
Adi Sunderam, Harvard University and NBER
2:15 pm
Break
2:30 pm

The Insurance Protection Gap

Parinitha R. Sastry, University of Pennsylvania
Therese C. Scharlemann, Federal Reserve Board of Governors
Ishita Sen, Harvard University
Ana-Maria Tenekedjieva, Arizona State University

Discussant:
Shan Ge, New York University
3:15 pm
Break
3:30 pm

Who Pays for Payments? Consumer Sorting, Fee Heterogeneity, and Passthrough

Mark L. Egan, Harvard University and NBER
Gregor Matvos, Northwestern University and NBER
Amit Seru, Stanford University and NBER
Lulu Wang, Northwestern University
Vincent Yao, Georgia State University

Discussant:
Marc Rysman, Boston University
4:15 pm
Adjourn