2024 Consumer Research Symposium Agenda

8:00am - 9:00am

Breakfast and Registration

9:00am - 9:20am

Welcoming Remarks: Chairman Martin Gruenberg

9:20am - 10:25am

Panel 1: Racial Disparities in Building and Accessing Wealth

Who Benefits from Retirement Saving Incentives in the U.S.? Evidence on Racial Gaps in Retirement Wealth Accumulation
Presentation
Lawrence D.W. Schmidt and Taha Choukhmane, MIT Sloan School of Management
Jorge Colmenares, Harvard University
Cormac O’Dea, Yale University
Jonathan Rothbaum, U.S. Census Bureau

Can Everyone Tap into the Housing Piggy Bank? Racial Disparities in Access to Home Equity
Presentation
James N. Conklin, University of Georgia
Kristopher Gerardi, Federal Reserve Bank of Atlanta
Lauren Lambie-Hanson, Federal Reserve Bank of Philadelphia

Discussant: Jacob Krimmel, Federal Reserve Board - Presentation
Moderator: Ryan Goodstein, FDIC

10:25am - 10:45am

Break

10:45am - 11:50am

Panel 2: Supply of Mortgage Credit

Price Discrimination and Mortgage Choice
Presentation
May Rostom, Bank of England and Centre for Macroeconomics
Jamie Coen, Bank of England and Imperial College London
Anil Kashyap, University of Chicago, NBER, and Centre for Economic Policy Research

Language Frictions in Consumer Credit
Presentation
Chao Liu, Kellogg School of Management, Northwestern University

Discussant: Neil Bhutta, Federal Reserve Bank of Philadelphia - Presentation
Moderator: Garret Christensen, FDIC

11:50am - 1:00pm

Lunch and Poster Session

The Gender Gap in Stock Market Participation: Evidence from Stock Gifting
Jennifer Itzkowitz and Andrew Schwartz, Seton Hall University
Jesse Itzkowitz, Ipsos Behavioral Science Center

Racial disparities in home selling
Leonel Diego Drukker, UC Berkeley Haas School of Business
Lei Ma, Boston University

Consumer Credit Without Collateral, Regulation, or Intermediaries
Anthony Waikel and Filipe Correia, University of Georgia

Restoring Rational Choice in Repayments: Disclosures or Advice?
Guangli Zhang, Saint Louis University
Hakan Özyılmaz, Toulouse School of Economics

Who Bears Climate-Related Physical Risk?
Natee Amornsiripanitch and David Wylie, Federal Reserve Bank of Philadelphia
John Heilbron and Kevin Zhao, Office of Financial Research

Old Program, New Banks: Online Banks in Small Business Lending
Elizabeth Bickmore, Yessenia Tellez, and Andrew MacKinlay, Pamplin College of Business, Virginia Tech

1:00pm - 1:50pm

Distinguished Guest Lecture

The Importance of Financial Literacy
Presentation and TIAA Institute-GFLEC Personal Finance Index
Annamaria Lusardi, Stanford University

1:50pm - 2:05pm

Break

2:05pm - 3:10pm

Panel 3: Health Shocks and Financial Outcomes

Extreme Wildfires, Distant Air Pollution, and Household Financial Health
Presentation
Nitzan Tzur-Ilan, Federal Reserve Bank of Dallas
Xudong An, Federal Bank of Philadelphia
Stuart A. Gabriel, UCLA Anderson School of Management

The Opioid Epidemic and Consumer Credit Supply: Evidence from Credit Cards
Presentation
Raluca Roman and Wenli Li, Federal Reserve Bank of Philadelphia
Sumit Agarwal, National University of Singapore
Nonna Sorokina, The Pennsylvania State University

Discussant: Alejandro Del Valle, Georgia State University - Presentation
Moderator: Connor Redpath, FDIC

3:10pm - 3:30pm

Break

3:30pm - 4:35pm

Panel 4: Credit, Wealth, and Consumption

The Effects of Cryptocurrency Wealth on Household Consumption and Investment
Presentation
Mark J. Johnson, Darren Aiello, and Jason Kotter, Brigham Young University
Scott Baker, Northwestern University Kellogg School of Management and NBER
Tetyana Balyuk, Emory University Goizueta Business School
Marco Di Maggio, Harvard Business School and NBER

Learning in the Limit: Income Inference from Credit Extensions
Presentation
Xiao Yin, University College London

Discussant: Scott Schuh, West Virginia University - Presentation
Moderator: Jeffrey Weinstein, FDIC

4:35pm - 5:30pm

Reception