Conference
The CEPR Network on Household Finance, the Einaudi Institute for Economics and Finance and the Center for Studies in Economics and Finance, with the support of the Think Forward Initiative (TFI), EDHEC PhD in Finance Programme and National University of Singapore Business School, organised the 2018 CEPR European Conference on Household Finance. The objective of these annual conferences is to present state-of-the-art empirical and theoretical research on household financial behaviour and on how it is influenced by other choices, government policies, and the overall economic environment.
The Conference took place Ortygia Business School in Sicily, Italy on 5-6 October 2018.
The organisers particularly encouraged submissions from PhD students in household finance planning to go on the job market in Winter 2019. Top student submissions were included in the regular workshop programme. The best student paper was awarded the CEPR Network Prize on Household Finance, sponsored by TFI to Claudia Robles-Garcia (London School of Economics) for her paper "Experts, Commissions and Market Power: Evidence from UK Mortgage Brokers".
The conference was preceded by a CEPR-TFI event - Robo Advisers and Consumer Finance: Promises and Risks. This event, supported by the CEPR Network on Household Finance, ING and the Think Forward Initiative, took place on 10 May 2018 at ING Bank. The full details can be found on the invitation.
Papers were solicited in the following areas, but other related areas were also considered:
• Asset allocation and debt behavior over the life cycle
• Financing retirement and the demographic transition
• Consumer indebtedness, financial distress, and default decisions
• Behavioural approaches to household finance
• Financial literacy and financial education programs
• Trust, subjective expectations, pessimism, and financial decisions
• International comparisons of household finances using micro-data
• Financial advice and investors’ and borrowers’ protection
• Financial innovation and household finances
• Households liquidity and risk management
Programme Committee
Steffen Andersen (Copenhagen Business School and CEPR), Laurent E. Calvet (EDHEC Paris, CFS, and CEPR), Joao Cocco (London Business School, CFS, and CEPR), 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), Wenlan Qian (National University of Singapore), Tarun Ramadorai (Imperial Business School and CEPR), Paolo Sodini (Stockholm School of Economics and SHoF), and Stephen Zeldes (Columbia University and NBER).
Local Organisers
Luigi Guiso (Einaudi Institute for Economics and Finance and CEPR)
Tullio Jappelli (Università di Napoli Federico II, CSEF, and CEPR)
Monica Paiella (Università di Napoli Parthenope)
Conference Venue
The workshop was held at Ortygia Business School, Sicily, Italy
