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2015 Summer Workshop

May 28-30, 2015

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

The annualQSPS Summer Workshoptakes 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.


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 ReviewQuarterly Journal of Economics, Econometrica, Review of Economic Studies, Journal of Economic Theory, Theoretical EconomicsJournal of Finance, Review of Economics and Statistics, Economic Journal, Journal of Economic Perspectives, Rand Journal of Economics, Journal of Money Credit and BankingJournal 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 ScienceAmerican Economic ReviewQuarterly Journal of EconomicsEconometricaJournal of Economic TheoryJournal of Public EconomicsJournal of FinanceJournal of Financial EconomicsReview of Financial StudiesReview of Economics and StatisticsEconomic JournalJournal of Economic PerspectivesJournal of the European Economic AssociationEuropean Economic ReviewJournal of Money Credit and BankingNBER 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.


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


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.

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