CEPR European Conference on Household Finance 2021 - Programme


CEPR European Conference on Household Finance 2021

6-8 October 2021

*All timings are in CEST


CEPR European Conference on Household Finance 2021

Wednesday 6 October 2021


Opening Remarks

Michael Haliassos, Goethe University Frankfurt and CEPR

Session 1

Chair:  Francisco Gomes, London Business School and CEPR


Efficiency in Household Decision Making: Evidence from the Retirement Savings of US Couples

Taha Choukhmane, MIT (with Lucas Goodman and Cormac O’Dea)

Discussant: Alberto Rossi, Georgetown University


Bank Presence and Health - Presentation Slides

Kim Fe Cramer, Columbia University

Discussant: Emily Breza, Harvard University

Chair: Martin Kanz, World Bank and CEPR


Can Partial Commitment Increase Pension Contribution? A Field Experiment in Sri Lanka

Changcheng Song, Singapore Management University

Discussant: Sean Higgins, Northwestern University


Ex-Post Loss Sharing in Consumer Financial Markets

Alexandru Barbu, London Business School

Discussant: Abhiroop Mukherjee, Hong Kong University of Science and Technology

CEPR-TFI Online Webinar – Digital Assets
Thursday 7 October 2021

15:00-17:00 CEPR-TFI Online Webinar – Digital Assets organised by Sumit Agarwal (National University of Singapore)

  • Welcome: Michael Haliassos (Goethe University Frankfurt and CEPR) and Stefan van Woelderen (ING)
  • Opening Remarks: Sumit Agarwal (National University of Singapore) Michael Haliassos (Goethe University Frankfurt and CEPR) and Stefan van Woelderen (ING)


  • Bernard Yeung, President of Asian Bureau of Finance and Economic Research - Presentation Slides
  • David Lee, Professor at National University of Singapore and Chairman of the Global Fintech Institute Presentation Slides
  • Melvyn Low, Head of Global Transaction Banking at Oversea-Chinese Banking Corporation and Distinguished Fellow at the Institute of Banking and Finance
  • Pulak Ghosh, Professor at Indian Institute of Management Bangalore

Panel Discussion

Chair: Sumit Agarwal (National University of Singapore)

CEPR European Conference on Household Finance 2021

Thursday 7 October 2021

Session 2

Chair: Michael Haliassos, Goethe University Frankfurt and CEPR


Competition and Selection in Credit Markets - Presentation Slides

Anthony Zhang, University of Chicago (with Constantine Yannelis)

Discussant: Nicola Pavanini, Tilburg University and CEPR


The Demand for Long-Term Mortgage Contracts and the Role of Collateral

Lu LiuImperial College

Discussant: Matteo Benetton, Universify of California, Berkeley


Breaking the Commitment Device: The Effect of Home Equity Withdrawal on Consumption, Saving, and Welfare - Presentation Slides

Patrick Moran, University of Copenhagen (with Agnes Kovacs)

Discussant: Asaf Bernstein, University of Colorado

CEPR European Conference on Household Finance 2021

Friday 8 October 2021


Network Steering Committee Meeting

Session 3

Chair: Paolo Sodini, Stockholm School of Economics, SHoF, and CEPR


Household Debt and Mental Health - Presentation Slides

Asger Lau Andersen, University of Copenhgaen (with Rajkamal Iyer, Niels Johannesen and Mia Jørgensen and Jose Luis Peydro)

Discussant: Shashwat Alok, Indian School of Business


Wealth Inequality: Opportunity or Unfairness?

Yigitcan Karabulut, Frankfurt School and CEPR (with Michael Haliassos and Thomas Jansson)

Discussant: Tianyue Ruan, National University of Singapore

Chair: Sing Tien Foo, NUS


A Tale of Two Bailouts: Effects of TARP and PPP on Subprime Consumer Debt

Raluca Roman, Federal Reserve Bank of Philadelphia (with Allen N. Berger and Onesime Epouhe)

Discussant: Jose Ignacio Cuesta, Stanford


Insuring Labor Income Shocks: The Role of the Dynasty - Presentation Slides

Luigi Pistaferri, Stanford University and CEPR (with Andreas Fagereng, Luigi Guiso and Marius A. K. Ring)

Discussant: Alex Michaelides, Imperial College and CEPR


Award of PhD Student Prize, Announcements, and Closing Remarks

Michael Haliassos, Goethe University Frankfurt and CEPR and Sumit Agarwal, National University of Singapore


Note: For each 40 min slot, presenters have 20 mins to present their paper. A total of 10 mins are allocated to the discussants and 5-10 mins for general discussion.


Programme Committee
Sumit Agarwal (National University of Singapore), Steffen Andersen (Copenhagen Business School and CEPR), Laurent E. Calvet (EDHEC Paris, CFS, and CEPR), Joao Cocco (London Business School, CFS, and CEPR), Russell Cooper (European University Institute), Stephen Dimmock (National University of Singapore), Francisco Gomes (London Business School and CEPR), Luigi Guiso (EIEF and CEPR), Michael Haliassos (Goethe University Frankfurt and CEPR), Tullio Jappelli (University of Naples Federico II, CSEF and CEPR), Matti Keloharju (Aalto University and CEPR), Alex Michaelides (Imperial College and CEPR), Giovanna Nicodano (Università di Torino, ECGI and Netspar), Monica Paiella (University of Naples Parthenope and CEPR), Wenlan Qian (National University of Singapore), Sing Tien Foo (National University of Singapore), Paolo Sodini (Stockholm School of Economics, SHoF, and CEPR), Raman Uppal (EDHEC and CEPR).

Local Organisers
Sumit Agarwal (National University of Singapore), Cristian Badarinza (National University of Singapore and CEPR), Sing Tien Foo (National University of Singapore) and Wenlan Qian (National University of Singapore).

Wednesday, October 6, 2021 - 14:00
Friday, October 8, 2021
meeting date: 
Wednesday, October 6, 2021 to Friday, October 8, 2021