SI 2021 Household Finance

Adair Morse, Johannes Stroebel, and Stephen P. Zeldes, Organizers

July 22-23, 2021

on Zoom.us

Conference Code of Conduct

Thursday, July 22
10:30 am
Paul Gertler, University of California, Berkeley and NBER
Brett Green, Washington University in St Louis
Catherine Wolfram, Massachusetts Institute of Technology and NBER

Digital Collateral
Discussant: Emily Breza, Harvard University and NBER
11:15 am
Constantine Yannelis, University of Cambridge and NBER
Anthony Lee Zhang, University of Chicago

Competition and Selection in Credit Markets
Discussant: Claudia Robles Garcia, Stanford University
12:00 noon
Break
12:30 pm
Lightning Session (10-minute presentations, 5-minute general discussion)
Kristopher Gerardi, Federal Reserve Bank of Atlanta
Paul S. Willen, Federal Reserve Bank of Boston and NBER
David Hao Zhang, Rice University

Mortgage Prepayment, Race, and Monetary Policy
Marco Giacoletti, University of Southern California
Rawley Z. Heimer, Arizona State University
Edison G. Yu, Federal Reserve Bank of Philadelphia

Using High-Frequency Evaluations to Estimate Discrimination: Evidence from Mortgage Loan Officers
Neil Bhutta, Federal Reserve Board of Governors
Aurel Hizmo, Federal Reserve Board of Governors
Daniel R. Ringo, Federal Reserve Board of Governors

How Much Does Racial Bias Affect Mortgage Lending? Evidence from Human and Algorithmic Credit Decisions
Naser Hamdi, Equifax Inc
Vyacheslav Fos, Boston College and NBER
Ankit Kalda, Indiana University
Jordan Nickerson, University of Washington

Gig-Labor: Trading Safety Nets for Steering Wheels
David Sovich, University of Kentucky
Radhakrishnan Gopalan, Washington University, St. Louis
Barton Hamilton, Washington University in St Louis
Jorge A. Sabat, Washington University in St Louis

Aversion to Student Debt? Evidence from Low-wage Workers
1:45 pm
Break
2:00 pm
Giorgia Barboni, Warwick University
Erica M. Field, Duke University and NBER
Rohini Pande, Yale University and NBER

Rural Banks Can Reduce Poverty: Evidence from 870 Indian Villages
Discussant: Sean Higgins, Northwestern University
2:45 pm
Francis Annan, University of California, Berkeley and NBER

Misconduct and Reputation under Imperfect Information
Discussant: Mariassunta Giannetti, Stockholm School of Economics
3:30 pm
Happy Hour
4:00 pm
Adjourn
Friday, July 23
The first two papers are joint with Aging
10:30 am
David Coyne, Department of the Treasury
Itzik Fadlon, University of California, San Diego and NBER
Tommaso Porzio, Columbia University and NBER

Measuring Valuation of Liquidity with Penalized Withdrawals (slides)
Discussant: Taha Choukhmane, Massachusetts Institute of Technology and NBER
11:15 am
Adrien Auclert, Stanford University and NBER
Hannes Malmberg, University of Minnesota-Madison
Frederic Martenet, Stanford University
Matthew Rognlie, Northwestern University and NBER

Demographics, Wealth, and Global Imbalances in the Twenty-First Century
Discussant: Christina Patterson, University of Chicago and NBER
12:00 noon
Break
12:30 pm
Panel: Climate Change and Household Finance
Moderator:
Adair Morse, University of California, Berkeley and US Dept of the Treasury
Panelists:
Harrison Hong, Columbia University and NBER
Esteban Rossi-Hansberg, University of Chicago and NBER
Johannes Stroebel, New York University and NBER
1:45 pm
Break
2:00 pm
Susan Cherry, Stanford University
Erica Xuewei Jiang, University of Southern California
Gregor Matvos, Northwestern University and NBER
Tomasz Piskorski, Columbia University and NBER
Amit Seru, Stanford University and NBER

Government and Private Household Debt Relief during COVID-19
Discussant: Amir Sufi, University of Chicago and NBER
2:45 pm
Lightning Session (10-minute presentations, 5-minute general discussion)
Bronson Argyle, Brigham Young University
Benjamin Iverson, Brigham Young University
Taylor D. Nadauld, Brigham Young University
Christopher Palmer, Massachusetts Institute of Technology and NBER

Personal Bankruptcy and the Accumulation of Shadow Debt (slides)
Cynthia Balloch, London School of Economics
Julian Richers, Addepar

Asset Allocation and Returns in the Portfolios of the Wealthy
John Gathergood, University of Nottingham
George Loewenstein, Carnegie Mellon University
Neil Stewart, University of Warwick
Edika Quispe-Torreblanca, Leeds University Business School

Investor Attention, Reference Points and the Disposition Effect
Vrinda Mittal, University of North Carolina Chapel Hill
Paolina C. Medina, University of Houston
Michaela Pagel, Washington University in St Louis and NBER

The Effect of Stock Ownership on Individual Spending and Loyalty
3:45 pm
Happy Hour
4:15 pm
Adjourn
presenting authors are in bold