Innovative Data in Household Finance: Opportunities and Challenges
Organized by Scott R. Baker, Jialan Wang, and Stephen P. Zeldes
Supported by the Alfred P. Sloan Foundation and the Vanguard Group
December 9, 2022
Cambridge, MA and on Zoom
Thursday, December 8
6:00 pm
Group Dinner at Le Meridien
Friday, December 9
8:15 am
Continental Breakfast
8:55 am
Welcome and Introductions, Hunsaker Ballroom AB
9:00 am
Panel Session: New Frontiers in Transaction Data
Moderator: Jialan Wang, University of Illinois at Urbana-Champaign and NBER
Daniel Sullivan, JP Morgan Chase Institute
Alvaro Ortiz, BBVA Research (slides)
Long Chen, Luohan Academy
Wenlan Qian, National University of Singapore
10:00 am
Break
10:10 am

Spending and Job-Finding Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data

Peter Ganong, University of Chicago and NBER
Fiona E. Greig, Vanguard
Pascal J. Noel, University of Chicago and NBER
Daniel M. Sullivan, JPMorgan Chase Institute
Joseph S. Vavra, University of Chicago and NBER
10:35 am

Coming in at a Trickle: The Optimal Frequency of Public Benefit Payments

Cameron LaPoint, Yale University
Shogo Sakabe, LMU Munich
11:00 am
Break
11:15 am

Disaggregated Economic Accounts

Asger L. Andersen, University of Copenhagen
Emil Toft. Hansen, University of Copenhagen
Kilian Huber, University of Chicago and NBER
Niels Johannesen, University of Oxford
Ludwig Straub, Harvard University and NBER
11:40 am

Asset Demand of US Households

Xavier Gabaix, Harvard University and NBER
Ralph S. J. Koijen, University of Chicago and NBER
Federico Mainardi, University of Chicago
Sangmin Oh, Columbia University
Motohiro Yogo, Princeton University and NBER
12:05 pm

New Evidence on Consumption and Income Dynamics from a Consumer Payment Diary

Shaun M. Gilyard, West Virginia University
Scott Schuh, West Virginia University
12:30 pm
Lunch, Hunsaker Ballroom C
1:30 pm

Building Credit Histories

Natalia Kovrijnykh, Arizona State University
Igor Livshits, Federal Reserve Bank of Philadelphia
Ariel Zetlin-Jones, Carnegie Mellon University
1:55 pm

Open Banking and Customer Data Sharing: Implications for FinTech Borrowers

Rachel J. Nam, USI Lugano/Swiss Finance Institute
2:20 pm

Buy Now, Pay Later Credit: User Characteristics and Spending Patterns

Marco Di Maggio, Imperial College Business School
Justin Katz, Harvard University
Emily Williams, The Investment Company Institute
2:45 pm
Break
3:00 pm

Dynastic Home Equity

Matteo Benetton, University of California, Berkeley
Marianna Kudlyak, Federal Reserve Bank of San Francisco
John A. Mondragon, Federal Reserve Bank of San Francisco
3:25 pm

Forbearance vs. Interest Rates: Tests of Liquidity and Strategic Default Triggers in a Randomized Debt Relief Experiment

Deniz Aydin, Washington University in St Louis
3:50 pm
Wrap up
4:00 pm
Adjourn