Innovative Data in Household Finance: Opportunities and Challenges

Scott R. Baker, Jialan Wang, and Stephen P. Zeldes, Organizers

December 9, 2022

Conference Code of Conduct

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
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

Spending and Job-Finding Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data
10:35 am
Cameron LaPoint, Yale University
Shogo Sakabe, LMU Munich

Coming in at a Trickle: The Optimal Frequency of Public Benefit Payments
11:00 am
Break
11:15 am
Asger L. Andersen, University of Copenhagen
Emil Toft. Hansen, University of Copenhagen
Kilian Huber, University of Chicago and NBER
Niels Johannesen, Oxford University
Ludwig Straub, Harvard University and NBER

Disaggregated Economic Accounts
11:40 am
Xavier Gabaix, Harvard University and NBER
Ralph S. J. Koijen, University of Chicago and NBER
Federico Mainardi, University of Chicago
Sangmin Oh, University of Chicago
Motohiro Yogo, Princeton University and NBER

Asset Demand of US Households
12:05 pm
Shaun M. Gilyard, West Virginia University
Scott Schuh, West Virginia University

New Evidence on Consumption and Income Dynamics from a Consumer Payment Diary
12:30 pm
Lunch, Hunsaker Ballroom C
1:30 pm
Natalia Kovrijnykh, Arizona State University
Igor Livshits, Federal Reserve Bank of Philadelphia
Ariel Zetlin-Jones, Carnegie Mellon University

Building Credit Histories
1:55 pm
Rachel J. Nam, Goethe University Frankfurt

Open Banking and Customer Data Sharing: Implications for FinTech Borrowers
2:20 pm
Marco Di Maggio, Harvard University and NBER
Justin Katz, Harvard University
Emily Williams, Harvard University

Buy Now, Pay Later Credit: User Characteristics and Spending Patterns
2:45 pm
Break
3:00 pm
Matteo Benetton, University of California, Berkeley
Marianna Kudlyak, Federal Reserve Bank of San Francisco
John A. Mondragon, Federal Reserve Bank of San Francisco

Dynastic Home Equity
3:25 pm
Deniz Aydin, Washington University in St. Louis

Forbearance vs. Interest Rates: Tests of Liquidity and Strategic Default Triggers in a Randomized Debt Relief Experiment
3:50 pm
Wrap up
4:00 pm
Adjourn