SED Day-Ahead Conference

9:30 – 10:00 am

Continental Breakfast

10:00 – 11:00 am

Regulation of Consumer Credit with Over-Optimistic Borrowers

Presenter:       Michele Tertilt (University of Mannheim)

Coauthors:      Florian Exler, Igor Livshits, James MacGee

11:00 – 11:15 am


11:15 – 12:15 pm

Belief Disagreement and Portfolio Choice

Presenter:       Jonathan Parker (MIT)

Coauthors:      Maarten Meeuwis, Antoinette Schoar, Duncan I. Simester

12:15 – 1:15 pm


1:15 – 2:15 pm

Pure Wealth Effect or Credit Constraints? Decomposing the Response of Consumption to House Prices
Presenter:       S. Borağan Aruoba (University of Maryland)

Coauthors:      Ronel Elul, Şebnem Kalemli-Özcan

2:15 – 2:30 pm


2:30 – 3:30 pm

Financial Fragility with SAM?

Presenter:       Stijn Van Nieuwerburgh (Columbia University)

Coauthors:      Daniel Greenwald, Tim Landvoigt

3:30 – 4:00 pm

Coffee Break

4:00 – 5:00 pm

Unequal Growth

Presenter:       Fabrizio Perri (Federal Reserve Bank of Minneapolis)

Coauthors:      Francesco Lippi

5:00 – 5:15 pm


5:15 – 6:15 pm

The Lost Ones: The Opportunities and Outcomes of Non-College Educated Americans Born in the 1960s

Presenter:       Mariacristina De Nardi (Federal Reserve Bank of Minneapolis and University College London)

Coauthors:      Margherita Borella and Fang Yang

6:30 pm

SED Welcome Reception in the St. Louis Fed Economy Museum