2015 Workshop

May 28-30, 2015

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

The annual QSPS Summer Workshop takes place in a selective setting in which 10 to 12 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.

KEYNOTE SPEAKERS:

Andrew Caplin, Ph.D. is a chaired Professor in the Department of Economics at New York University. He is a Research Associate of NBER and he is the co-leader of the NBER Group on Behavioral Macroeconomics. He is also a co-editor of Economic Inquiry. His research focuses on life-cycle consumption and portfolio choice, annuities and bequests, long-term care, housing markets and housing finance, the role of indivisibilities on macroeconomic outcomes, and issues that span the fields of economics and psychology. He has published his research in peer-reviewed outlets such as American Economic Review, Quarterly Journal of Economics, Econometrica, Review of Economic Studies, Journal of Economic Theory, Theoretical Economics, Journal of Finance, Review of Economics and Statistics, Economic Journal, Journal of Economic Perspectives, Rand Journal of Economics, Journal of Money Credit and Banking, Journal of Mathematical Economics, and the Journal of Neuroscience, among many other outlets.

David Laibson, Ph.D. is the Robert I. Goldman Professor of Economics at Harvard University. He is a Research Associate of NBER with affiliation in the concentrations on Aging, Asset Pricing, and Economic Fluctuations and Growth. His research focuses on behavioral economics and household financial security. He is a Fellow of the Econometric Society and of the American Academy of Arts and Sciences, and in 2011 he was awarded the TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security. He has published his research in peer-reviewed outlets such as Science, American Economic Review, Quarterly Journal of Economics, Econometrica, Journal of Economic Theory, Journal of Public Economics, Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Review of Economics and Statistics, Economic Journal, Journal of Economic Perspectives, Journal of the European Economic Association, European Economic Review, Journal of Money Credit and Banking, NBER Macroeconomics Annual, Journal of Economic Behavior and Organization, Journal of Health Economics, Journal of Neuroscience, Psychological Science, and the Proceedings of the National Academy of Sciences, among many other outlets.

Program:

Thursday May 28

4:00pm - 4:30pm Check-in on 9th Floor of theEccles Business Building, Jon M. Huntsman School of Business

4:30pm - 5:30pm Unified Framework to Evaluate Social Security Old-Age Insurance and Disability Insurance Reforms

Yue Li, State University of New York - Albany

Download: Manuscript or Slides

5:45pm - 6:45pm Keynote Presentation: Long Term Care Utility and Long Term Care Insurance: Using Strategic
Survey Questions to Estimate and Test Life Cycle Models

Andrew Caplin, New York University

Download: Slides

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

Friday May 29

8:30am - 9:30am Complimentary Breakfast

9:30am - 10:30am Housing and Tax-deferred Retirement Accounts

Anson Ho, Kansas State University

Coauthor: Jie Zhou, Bank of Canada

Download: Manuscript or Slides

10:45am - 11:45am Happy Together: A Structural Model of Couples' Joint Retirement Choices

Maria Casanova, University of California - Los Angeles

Download: Manuscript or Slides

12:00pm - 1:00pm Complimentary Lunch

1:00pm - 2:00pm Pure Altruism and Time Inconsistency: An Axiomatic Foundation

Simone Galperti, University of California - San Diego

Coauthor: Bruno Strulovici, Northwestern University

Download: Manuscript or Slides

2:15pm - 3:15pm Commitment and Welfare

Frank N. Caliendo, Utah State University

Coauthor: T. Scott Findley, Utah State University

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 30

8:30am - 9:30am Complimentary Breakfast

9:30am - 10:30am Cost Saving and the Freezing of Corporate Pension Plans

Irina Stefanescu, Board of Governors of the Federal Reserve System

Coauthor: Joshua D. Rauh, Stanford University

Coauthor: Stephen P. Zeldes, Columbia University, NBER

Download: Manuscript or Slides

10:45am - 11:45am Assessing Bankruptcy Reform in a Model with Temptation and Equilibrium Default

Makoto Nakajima, Federal Reserve Bank of Philadelphia

Download: Manuscript or Slides

12:00pm - 1:00pm Complimentary Lunch

1:00pm - 2:00pm Keynote Presentation: Optimal Illiquidity

David Laibson, Harvard University

Download: Slides

2:15pm - 3:15pm The Cost of Uncertainty about the Timing of Social Security Reform

Aspen Gorry, Utah State University

Coauthor: Frank N. Caliendo, Utah State University

Coauthor: Sita Slavov, George Mason University

Download: Manuscript or Slides

3:15pm - 5:00pm Free time (hiking and sightseeing)

5:00pm - 7:00pm Complimentary Closing Dinner

Location:

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