Workshop on the topic of ‘Household Behaviour, Household Finance, Housing, and Macroeconomics’. The workshop is co-hosted by the Centre for Finance, Credit and Macroeconomics and the Money, Macro and Finance Research Group. The workshop will take place on Friday 6th May in the Machicado Suite (Willoughby hall). visitor’s car park is located behind the economics building (Sir Clive Granger building) number 16 on the map, . The car park is pay and display. A taxi from Nottingham station will take about 10 minutes to the University Park Campus.
View a map giving directions and the campus layout
Enter the Campus at West Entrance, Willoughby Hall is the nearest Residence Hall on your left after entering the campus from West Entrance (Willoughby Hall is coloured purple on the University Park Map).
Speakers and discussants will be accommodated in the Innkeeper's Lodge Nottingham, Derby Road, Wollaton Vale, Nottingham, NG8 2NR Tel: 0845 11 26 051 on the edge of campus. The website is http://www.innkeeperslodge.com/lodgedetail.asp?lid=45
Reminder: MMF will refund the reasonable travelling expenses of UK-based academics and PhD students to attend this meeting. In most cases we expect to refund the equivalent of Saver train tickets.
Programme
10.30-11.00: Welcome and coffee
Morning session
11.00-12.30: Mortgage
Chair: Paul Mizen (CFCM, U Nottingham)
“Cyclical Residential Investment and Mortgages: an International Perspective” Roman Sustek (CFCM, U Nottingham), Finn Kydland (UC Santa Barbara, Carnegie Mellon, NBER), and Peter Rupert (UC Santa Barbara)
Discussant: Alec Chrystal (Cass Business School, City U London)
“Consumption and Initial Mortgage Conditions: Evidence from Survey Data” Giacomo Masier (Previnet) and Ernesto Villanueva (Bank of Spain)
Discussant: John Gathergood (CFCM, U Nottingham)
12.30-14.00: Buffet Lunch
Afternoon sessions
14.00-15.30: Life-Cycle Decision Models
Chair: Kevin Lee (CFCM, U Nottingham)
“Baby Busts and Baby Booms: The Fertility Response to Shocks in Dynastic Models” Larry E. Jones (U Minnesota, Minneapolis Fed, NBER) and Alice Schoonbroodt (U Southampton)
Discussant: Christos Koulovatianos (CFCM, U Nottingham)
“Intergenerational Redistribution in the Great Recession” Andrew Glover (U Minnesota and Minneapolis Fed), Jonathan Heathcote (Minneapolis Fed, CEPR), Dirk Krueger (U Penn, NBER, CEPR) and Jose-Victor Rios-Rull (U. Minnesota, Minneapolis Fed, NBER, CEPR)
Discussant: Francisco Gomes (London Business School and CEPR)
15.30-16.00: Coffee break
16.00-17.30 : Household Debt
Chair: Christos Koulovatianos (CFCM, U Nottingham)
“Debt Portfolios” Thomas Hintermaier (U Bonn) and Winfried Koeniger (Queen Mary University, CEPR, IZA)
Discussant: Yoshi Morozumi (CFCM, University of Nottingham)
“A theory of Credit Scoring and Competitive Pricing of Default Risk” Satyajit Chatterjee (Philadelphia Fed), Dean Corbae (U Texas Austin), and Jose-Victor Rios-Rull (U. Minnesota, Minneapolis Fed, NBER, CEPR)
Discussant:Xuan Tam (University of Cambridge)