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7th Annual FDIC Consumer Research Symposium

7th Annual FDIC Consumer Research Symposium. October 13, 2017. L. William Seidman Center - Sheila C. Bair Auditorium

Conference Agenda

8:15 - 9:15am

Breakfast and Registration

9:15 - 9:30am

Chairman's Remarks

Martin J. Gruenberg, Chairman, Federal Deposit Insurance Corporation

9:30 - 10:45am

Panel 1: Credit Utilization and Payment Behavior

The Marginal Propensity to Consume out of Credit: Evidence from Random Assignment of 54,522 Credit Lines

Deniz Aydin, Washington University in St. Louis

How Do Individuals Repay Their Debt? The Balance-Matching Heuristic

Neale Mahoney, University of Chicago
John Gathergood and Jörg Weber, University of Nottingham
Neil Stewart, University of Warwick
Presentation - PDF (2.72 KB)

Discussant: Joanne Hsu, Federal Reserve Board of Governors

Presentation - PDF (228 KB)

Moderator: Jeffrey Weinstein, Federal Deposit Insurance Corporation

10:45 - 11:00am


11:00am - 12:15pm

Panel 2: Economic Inclusion

Understanding the Racial/Ethnic Gap in Bank Account Ownership among Older Adults - PDF (481 KB)

Luisa Blanco, Pepperdine University
Marco Angrisani and Emma Aguila, University of Southern California
Mei Leng, University of California, Los Angeles
Presentation - PDF (199 KB)

Where Credit Is Due: The Relationship between Family Background and Credit Health - PDF (541 KB)

Sarena Goodman, Alice Henriques, and Alvaro Mezza, Federal Reserve Board of Governors
Presentation - PDF (766 KB)

Discussant: Bradley Hardy, American University

Moderator: Joyce Northwood, Federal Deposit Insurance Corporation

12:15 - 12:45pm


12:45 - 1:35pm

Distinguished Guest Lecture

Christopher Herbert, Managing Director, Joint Center for Housing Studies, Harvard University
Presentation - PDF (543 KB)

1:35 - 1:45pm


1:45 - 3:00pm

Panel 3: Mortgage Markets

Don't Know What You Got Till It's Gone” — The Effects of the Community Reinvestment Act (CRA) on Mortgage Lending in the Philadelphia Market - PDF (785 KB)

Lei Ding and Leonard Nakamura, Federal Reserve Bank of Philadelphia
Presentation - PDF (923 KB)

Mortgage Experience of Borrowers in Non-Metro Counties: Insights from the National Survey of Mortgage Originations

Jaya Dey, Freddie Mac
Tim Critchfield, Consumer Financial Protection Bureau
Nuno Mota, Fannie Mae
Saty Patrabansh, Federal Housing Finance Agency
Presentation - PDF (758 KB)

Discussant: Michael Eriksen, University of Cincinnati

Presentation - PDF (542 KB)

Moderator: Ryan Goodstein, Federal Deposit Insurance Corporation

3:00 - 3:20pm


3:20 - 4:35pm

Panel 4: Credit and the Real Economy

Real Effects of Search Frictions in Consumer Credit Markets - PDF (1.52 MB)

Bronson Argyle and Taylor Nadauld, Brigham Young University
Christopher Palmer, Massachusetts Institute of Technology
Presentation - PDF (1.5 MB)

Rainy Day Credit? Unsecured Credit and Local Employment Shocks

Jeremy Tobacman, University of Delaware
Benjamin J. Keys, University of Pennsylvania
Jialan Wang, University of Illinois at Urbana-Champaign

Discussant: Paolina Medina, Texas A&M University

Presentation - PDF (210 KB)

Moderator: Alicia Lloro, Federal Deposit Insurance Corporation

4:35 - 5:45pm

Closing Remarks and Reception