The CEPR Network on Household Finance, Imperial College Business School and London Business School, with the support of the EDHEC PhD in Finance Programme and the Think Forward Initiative organised the Third European Household Finance Workshop on 11-12 May 2018. The objective of this workshop was to host presentations and foster interaction between Senior and Junior Researchers working in the area of household finance.
The Prize for the best PhD student paper was awarded to Stephanie Johnson (Northwestern University) for her paper "Are Mortgage Regulations Affecting Entrepreneurship?". Furthermore, the Network Director, prof Michalis Haliassos received an award in recognition of his dedication to the CEPR Network on Household Finance.
The workshop included state-of-the-art research on household financial behaviour and on how this is influenced by other choices, government policies, and the overall economic environment. Papers in the following areas were sollicited:
• Patterns of asset allocation and debt behaviour over the life cycle
• Financing retirement and the demographic transition
• Consumer indebtedness, financial distress and default decisions
• Behavioural approaches to household finances
• Financial literacy and financial education programmes
• Trust, subjective expectations, pessimism, and financial decisions
• International comparisons of household finances using micro-data
• Cognitive and genetic studies on individual financial performance
• Financial advice and legal protection of investors and borrowers
• The impact of technology on household financial behaviour
Steffen Andersen (Copenhagen Business School and CEPR), Laurent Calvet (EDHEC Business School, CFS and CEPR), Joao Cocco (London Business School 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 (Colegio Carlo Alberto, University of Torino), Monica Paiella (University of Naples Parthenope), Wenlan Qian (National University of Singapore), Tarun Ramadorai (Imperial College and CEPR), Antoinette Schoar (MIT, CEPR and NBER) and Paolo Sodini (Stockholm School of Economics and SHoF).
Local Organizers: Joao Cocco, Francisco Gomes, Alex Michaelides, Tarun Ramadorai.
The conference took place at Imperial College London.