Agenda, research papers, and videos
The two-day conference consisted of five panels of researchers presenting their work in various areas of consumer finance, with members of the CFPB’s Office of Research serving as discussants.
Thursday, May 7, 2015
Poster session and welcome
Chris Carroll, Chief Economist and Assistant Director for Research at the Consumer Financial Protection Bureau
Moderator: Charles Romero (CFPB)
Discussant: Jonathan Lanning
Watch video of the panel 1 session
Mortgage Rates, Household Balance Sheets, and the Real Economy
Presenter/author: Ben Keys
Co-authors: Tomasz Piskorski (Columbia University), Amit Seru (University of Chicago), Vincent Yao (Fannie Mae)
Read paper | View presentation slides
Household Credit and Employment in the Great Recession
Presenter/author: John Mondragon
Read paper | View presentation slides
Financial Security and Financial Shocks
Presenter/author: Clinton Key
View presentation slides
Poster session and break
Moderator: Melissa Knoll (CFPB)
Discussant: Dustin Beckett
Watch video of the panel 2 session
Learning Millennial-Style
Presenter/author: Ben Carlin
Co-authors: Li Jiang (University of California, Los Angeles), Stephen Spiller (University of California, Los Angeles)
Read paper | View presentation slides
Simulated Experience and Investment Endurance
Presenter/author: Stefan Zeisberger
Co-authors: Meike Bradbury (University of Zurich), Thorsten Hens (University of Zurich)
View presentation slides
Stock Ownership and Learning from Financial Information
Presenter/author: Camelia Kuhnen
Co-authors: Sarah Rudorf (University of Bonn), Bernd Weber (University of Bonn)
Read paper | View presentation slides
Small Victories: Creating Intrinsic Motivation in Task Completion and Debt Repayment
Presenter/author: Alexander Brown
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Friday, May 8, 2015
Moderator: Lori Parcel (CFPB)
Discussant: Ling Ling Ang
Watch video of the panel 3 session
Natural Born Delinquents: Evidence from the Universe of Loans in Denmark
Presenter/author: Soren Leth-Petersen
Co-authors: Tomasz Piskorski (Columbia University), Amit Seru (University of Chicago), Vincent Yao (Fannie Mae)
View presentation slides
Sound credit scores and financial decisions despite cognitive aging
Presenter/author: Ye Li
Co-authors: Jie Gao (Columbia University), A. Zeynep Enkavi (Columbia University), Lisa Zaval (Columbia University), Elke Weber (Columbia University), Eric Johnson (Columbia University)
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An Extrapolative Model of House Price Dynamics
Presenter/author: Charles Nathanson
Co-authors: Edward Glaeser (Harvard University)
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To Know and To Care: How Awareness and Valuation of the Future Jointly Shape Consumer Savings
Presenter/author: Dan Bartels
Co-author: Oleg Urminsky (University of Chicago)
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30 minute break.
Moderator: Erik Durbin (CFPB)
Discussant: Eva Nagypal
Watch video of the panel 4 session
The Elasticity of Demand for Alternative Financial Services: Evidence from Check-Cashing Price Changes in the South Bronx
Presenter/author: Ryan McDevitt
Co-authors: Aaron Sojourner (University of Minnesota)
View presentation slides
Systematic Mistakes of Borrowers in the Mortgage Markets
Presenter/author: Vincent Yao
Co-authors: Sumit Agarwal (National University of Singapore), Itzhak Ben-David (Ohio State)
View presentation slides
Unshrouding Effects on Demand for a Costly Add-on: Evidence from Bank Overdrafts in Turkey
Presenter/author: Jonathan Zinman
Co-authors: Sule Alan (University of Essex), Mehmet Cemalcilar (Yapi Kredi Bank), Dean Karlan (Yale University)
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Long Term Care Insurance, Annuities, and the Under-Insurance Puzzle
Presenter/author: Andrew Caplin
Co-authors: John Ameriks (Vanguard), Joseph Briggs (New York University, Matthew D. Shapiro (University of Michigan), Christopher Tonetti (Stanford University)
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John Campbell (Harvard University)
Poster session and break
Moderator: Darryl Getter (Congressional Research Service)
Discussant: Jialan Wang
Watch video of the panel 5 session
The Impact of Access to Payday Loans on UK Consumer Borrowing Behavior and Credit Outcomes
Presenter/author: Stefan Hunt
Co-authors: John Gathergood (University of Nottingham), Ben Guttman-Kenney (UK Financial Conduct Authority)
Changes in Buyer Composition and the Expansion of Credit During the Boom
Presenter/author: Felipe Severino
Co-authors: Manuel Adelino (Duke University), Antoinette Schoar (Massachusetts Institute of Technology)
View presentation slides
Why did so many Subprime Borrowers Default during the Crisis: Loose Credit or Plummeting Prices
Presenter/author: Christopher Palmer
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Credit-Induced Boom and Bust
Presenter/author: Marco Di Maggio
Co-author: Amir Kermani (University of California, Berkeley)
Read paper | View presentation slides