Think Forward Initiative

CEPR has become an academic partner of the Think Forward Initiative. Through this partnership, TFI provides funding to the Household Finance Initiative. The Network, in collaboration with TFI, organizes events that promote closer interaction between academics, practitioners, and policy makers. For full details, please refer to the Think Forward Initiative Website

Household Finance Workshop videos

June 2017: Watch the presenters summarise their papers in five short videos

The CEPR Network on Household Finance and the Copenhagen Business School, supported in part by the Think Forward Initiative (TFI), organised the 2017 CEPR European Workshop on Household Finance in Copenhagen in April. Short videos were produced to summarise the five sessions, on Mortgage Markets, Household Wealth, Financial Decision Making, Finance and Consumption, and Social Interactions. The videos can be viewed here. ​Further information on the workshop itself can be found on the event webpage.

The question of money

May 2017: Thinking about finances is tough, says Economics Guru Dan Ariely

Imagine you have a headache and take a pill to feel better. If you knew the pill cost 50 cents, would it make you feel better than if you were told that same pill cost 1 cent? The answer for many people is surprisingly yes. When it comes to decisions, we’re not as rational as we think. And if anyone knows why, it’s behavioural economist Dan Ariely.

The First CEPR best student paper prize

May 2017: The CEPR Network on Household Finance has launched a prize for the best student paper in household finance​

The purpose of the prize is to recognise academic excellence and potential of young researchers engaged in household finance, as well as their contribution to the field at an early career stage. The first such prize, sponsored by the Think Forward Initiative (TFI), was awarded at the CEPR Network’s European Workshop in Household Finance in Copenhagen, Denmark on 28 April 2017, to Matteo Benetton for his paper on "Lenders' competition and macro-prudential regulation: A model of the UK mortgage supermarket".

Is trend your friend?

April 2017: The quality of our life depends largely on our ability to predict.

People differe in the way they make predictions. They may believe in a trend continuation or in trend reversal. An expectation that the observed trend will continue is the most common strategy for naive forecasting. As studies show, to opt for the prediction of a trend reversal, one has to make a significant effort to go beyond the automatic perception of reality.

Your future self

April 2017: Bring today into the future, bring the future into today

Past performance is no guarantee of future results. Is it even an option today to offer that kind of assurance for the future? Sometimes we would like to have a better idea of what the future has in store for us. It would allow us to project the decisions we make today onto our own future. How can I strike the right balance between how I live now and what I will need in the future?

Recap and mindmaps: Summit Report available

April 2017: Think Forward Summit Report

The TFI partners are now working to translate all the outcomes from the past year and the Summit into a clear amibtion and objectives for the coming years. In the meantime, here is the Summit Report, where you can read a recap of the progress made since the first Summit in 2016, information about the speakers at the 2017 summit, and mindmaps that show the results of the break-out sessions.

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