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2017 Summer Workshop

May 18-20, 2017

Jon M. Huntsman School of Business, Utah State University; Logan, Utah.

The annual QSPS Summer Workshop takes place in a selective setting in which 12 to 15 participants each have one hour to present and discuss research. This format and selective setting facilitates in-depth peer feedback, while interacting extensively with other workshop participants and guests.

KEYNOTE SPEAKERS:

John Leahy is the Allen Sinai Professor of Macroeconomics at the University of Michigan, and he currently serves as a Co-Editor of the American Economic Review. He is a Research Associate of the National Bureau of Economic Research. John has contributed to the fields of economic theory, macroeconomics, and behavioral economics, and his research has been published in peer-reviewed journals such as the American Economic Review, Econometrica, Quarterly Journal of Economics, Journal of Political Economy, Review of Economic Studies, Journal of Economic Theory, Journal of Monetary Economics, Economic Journal, Review of Economics & Statistics, and the Journal of Economic Perspectives, among several other outlets.

Dan Silverman currently holds the Rondthaler Family Endowed Professorship at Arizona State University, and he currently serves as a Co-Editor of the American Economic Journal: Economic Policy. He also serves as a Research Associate of the National Bureau of Economic Research and as a Faculty Associate of the Survey Research Center at the University of Michigan. Dan studies a wide variety of topics including decision making over the life cycle in response to the institutional features of transfer programs such as social security. He also has an established record of conducting research at the intersection of behavioral economics and public economics. His published research has appeared in peer-reviewed outlets such as Science, American Economic Review, Journal of Political Economy, Review of Economic Studies, Journal of the European Economic Association, Economic Journal, International Economic Review, Journal of Economic Literature, Journal of Public Economics, Journal of Health Economics, Journal of Economic Behavior & Organization, Economics Letters, and the Journal of Economic Inequality.

PROGRAM:

Thursday May 18

          3:00pm - 3:15pm  Check-In at the Douglas D. Anderson Executive Boardroom, Huntsman Hall, Utah State University

          3:15pm - 4:15pm  Old, Frail, and Uninsured: Accounting for Puzzles in the U.S. Long-Term Care Insurance Market

                    Karen A. KopeckyFederal Reserve Bank of Atlanta

                                   Coauthor: R. Anton Braun, Federal Reserve Bank of Atlanta

                                   Coauthor: Tatyana Koreshkova, Concordia University & CIREQ

                              Download: Manuscript or Slides

          4:30pm - 5:30pm    Default and Liquidity Traps: The Role of Recourse Mortgages in Slow Recoveries

                    Pedro GeteGeorgetown University

                                   Coauthor: Franco Zecchetto, Georgetown University

                              Download: Manuscript or Slides

          5:45pm - 6:45pm  The Effect of Savings Commitments on Asset, Debt, and Retirement Decisions: Evidence from Mortgage
                                                Run-offs in Danish Registry Data

                    Philippe d'AstousHEC Montreal

                                   Coauthor: Steffen Andersen, Copenhagen Business School

                                   Coauthor: Jimmy Martinez-Correa, Copenhagen Business School

                                   Coauthor: Stephen H. Shore, Georgia State University

                              Download: Manuscript or Slides

          7:00pm - 9:00pm  Complimentary Opening Dinner at Elements Restaurant.

Friday May 19

          8:00am - 8:30am  Complimentary Breakfast

          8:30am - 9:30am  Why is Credit Utilization Stable? Precaution, Payments, and Credit Cards over the Business Cycle and
                                               Life Cycle

                    Scott L. FulfordConsumer Financial Protection Bureau

                                   Coauthor: Scott Schuh, Federal Reserve Bank of Boston

                              Download: Manuscript or Slides

          9:45am - 10:45am  Keynote Presentation: Wishful Thinking

                    John Leahy, University of Michigan

                              Download: Manuscript or Slides

          11:00am - 12:00pm  The Run from Safety: How a Change to the Deposit Insurance Limit Affects Households' Portfolio Allocation

                    Adi MordelBank of Canada

                                   Coauthor: H. Evren Damar, Hobart and William Smith Colleges

                                   Coauthor: Reint Gropp, IWH & University of Magdeburg

                              Download: Manuscript or Slides

          12:00pm - 1:00pm  Complimentary Lunch

          1:00pm - 2:00pm  Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results

                    Raphael AbirySAFE - Goethe University Frankfurt

                                   Coauthor: Christian Geppert, OECD

                                   Coauthor: Alexander Ludwig, SAFE - Goethe University Frankfurt

                              Download: Manuscript or Slides

          2:15pm - 3:15pm  Credit Scores, Social Capital, and Stock Market Participation

                    Geng Li, Federal Reserve Board of Governors

                                   Coauthor: Jesse Bricker, Federal Reserve Board of Governors

                              Download: Manuscript or Slides

          3:15pm - 6:00pm  Free time (hiking and sightseeing)

          6:00pm - 9:00pm  Complimentary Dinner & Campfire in Logan Canyon (Spring Hollow Campground; Group B Site)

Saturday May 20

          8:00am - 8:30am  Complimentary Breakfast

          8:30am - 9:30am  Changing Parental Characteristics and Aggregate Educational Attainment

                    Christopher HerringtronVirginia Commonwealth University

                                   Coauthor: Adam Blandin, Virginia Commonwealth University

                              Download: Manuscript or Slides

          9:45am - 10:45am  Keynote Presentation: The Pitfalls of Simplification in the Retirement Savings Market

                    Dan Silverman, Arizona State University

                              Download: Manuscript or Slides

          11:00pm - 12:00pm  Subjective Survival Beliefs and Ambiguity: The Role of Psychological and Cognitive Factors

                    Nils GrevenbrockSAFE - Goethe University Frankfurt

                                   Coauthor: Max Groneck, Stockholm School of Economics & Netspar

                                   Coauthor: Alexander Ludwig, SAFE - Goethe University Frankfurt

                                   Coauthor: Alexander Zimper, University of Pretoria

                              Download: Manuscript or Slides

          12:00pm - 1:00pm  Complimentary Lunch

          1:00pm - 2:00pm  The Effects of Collecting Income Taxes on Social Security Benefits

                    Yue LiUniversity at Albany - SUNY

                                    Coauthor: John Bailey Jones, Federal Reserve Bank of Richmond & University at Albany - SUNY

                              Download: Manuscript or Slides

          2:15pm - 3:15pm  Male Labor Supply and Generational Fiscal Policy

                    Christian vom Lehn, Brigham Young University

                                   Coauthor: Aspen Gorry, Utah State University

                                   Coauthor: Eric O'N. Fisher, California Polytechnic State University

                              Download: Manuscript or Slides

          3:15pm - 5:30pm  Free time

          5:30pm - 7:00pm  Complimentary Closing Dinner at Cafe Sabor.

WORKSHOP LOCATION:

Jon M. Huntsman School of Business, Utah State University, in Logan, Utah. Visitors enjoy world-class scenery just minutes from campus. Easy access to hiking, biking, fishing, camping, boating and other sight-seeing opportunities in the mountains. Logan is truly an outdoor paradise for those who are enthusiastic about the mountains, providing everything from gentle nature trails along rivers and lakes to extreme challenges on some of the steepest slopes in the Rockies.

 

 Old Main East

Old Main WestWellsvilles EastWellsvilles NorthLogan Canyon

 Logan Canyon Cliffs

Logan River